USDT and USDC now account for nearly 50% of the total transaction volume across major crypto assets, highlighting the growing importance of stablecoins in providing liquidity and market stability. USDT and USDC now represent nearly 50% of the total transaction volume among major crypto assets, underscoring the crucial role stablecoins […]
Tag: altcoins
SOLANA PRICE ANALYSIS & PREDICTION (October 18) – SOL Remains Bullish, Up 9% Weekly Despite Current Drops
Tuesday saw Sol through another drop after failing to sustain momentum above $160. While its long-term structure remains bullish, it appears weak on the day as it looks for solid ground to initiate a fresh buy. Sol’s bullish trajectory remains intact on the long-term perspective but it seemed to have […]
Solana’s Eventful Week: Memes, RWAs, And Stripe USDC Launch Fuel Growth Despite SOL Dip
This week, Solana saw a mix of highs and lows across its ecosystem, with its native token SOL dipping 1.61% to $141.85. Despite the slight decline, the DeFi space on Solana continues to grow, with the total value locked (TVL) in decentralized finance surging to $5.41 billion. However, the overall […]
Ripple Partners Announce Support For RLUSD Stablecoin, While XRP Smashes Transaction Records
Ripple has unveiled its first exchange and platform partners for the upcoming RLUSD stablecoin, which is set to launch on both the XRP Ledger and Ethereum. The list of partners includes notable names such as Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish. Additionally, market makers B2C2 and Keyrock […]
Bitcoin Sees Surge In Active Addresses And Institutional Interest
Bitcoin has witnessed a notable resurgence in active addresses since September, marking a significant turnaround from a period of subdued performance. The metric for Bitcoin Active Address Momentum has surpassed both monthly and yearly moving averages, indicating a robust increase in user engagement and potential demand. Historically, such trends have […]
ETHENA PRICE ANALYSIS & PREDICTION (October 16) – ENA Faces Key Resistance Line After Surging 48% weekly, Possible Pullback?
As the Defi sector gains traction this week, ENA turned more bullish as it doubled its price in a month. Despite witnessing a rejection today, it still leads the top gainers spot with an 8% surge in the last 24 hours. Two months ago, ENA’s price reached an extremely oversold […]
Whale Cashes Out $SPX After 42x Profit Amid Surging Popularity
A major whale is making waves in the $SPX market, cashing out after achieving an impressive 42x return on investment. This savvy investor initially spent $153,000 to purchase 7.793 million $SPX tokens between July 31 and August 15, 2023. Thanks to the recent price surge, this investment has now ballooned […]
Base Chain Sees Transaction Volume Surge As Stablecoins Gain Traction
Base chain has experienced a significant boost in transaction volume in recent months, now commanding 40-60% of all activity across the three major Layer 2 (L2) blockchains. Base transaction volume has surged in the past months, with it capturing 40-60% of all volume among the three L2 blockchains pic.twitter.com/xusRTyGLkk — […]
Solana Sees Surge In Memecoins Creation Amid Market Fluctuations And DeFi Growth
In the last 24 hours, the Solana blockchain has witnessed a remarkable surge in token creation, with nearly 20,000 new tokens minted, predominantly memecoins. A significant portion, approximately 70%, of these tokens debuted on the platform known as Pumpdotfun, highlighting the growing trend of memecoins on Solana. 🚨 REPORT: Nearly […]
RIPPLE PRICE ANALYSIS & PREDICTION (October 7) – XRP Decides Next Move Amid Slight Market Recovery, Where Next?
Amid this week’s meltdown, XRP lost momentum after failing to sustain buying above a key level. It appears bearish on the day but is currently indecisive as it decides on the next move with a 15% loss in a week. During last month’s trading, XRP’s price rose briefly above the […]
Base Ecosystem Sees Triple-Digit Gains, But Challenges Remain
The Base ecosystem has experienced a strong month, with several tokens posting impressive triple-digit gains over the last 30 days. Leading the charge is @AerodromeFi’s $AERO, which remains the largest token by market cap within the Base ecosystem, a position it has held since July. $AERO’s success is not limited […]
Top Trending Tokens: XRP, Aptos, And Chainlink Lead The Altcoin Rebound
As altcoins make a strong rebound, familiar names are topping the list of trending tokens with exciting new developments driving market interest. XRP ($XRP) takes the top spot, with traders buzzing over Bitwise’s ETP filing and renewed discussions surrounding the SEC’s appeal of a ruling that classified XRP as a […]
POL PRICE ANALYSIS & PREDICTION (October 5) – POL Sits Near A Key Monthly Support Following 13% Weekly Loss, Sets To Break Lower
Last month, POL went through a small retracement, but it seemed to be back in a sell mode after witnessing a double rejection under $0.45. It currently looks set for a breakdown while approaching a key support. After the upgrade from MATIC to POL over a month ago, the market […]
TRON Outpaces Competitors With $567M In Fees: Are Layer 2 Scaling Solutions On The Horizon?
Over the past 90 days, TRON has generated a remarkable $567 million in fees, surpassing major blockchain competitors. TRON’s fee revenue is more than double that of Ethereum ($253 million), five times higher than Solana ($105 million), and nine times greater than Bitcoin ($57 million). This significant lead underscores TRON’s […]
Altcoin Euphoria Surges: Top Trending Projects Driving Crypto Discussions
The cryptocurrency market is buzzing with excitement as speculative large-cap altcoins gain significant attention. As the week comes to a close, several projects are fueling market conversations and showing promising growth potential. Toncoin ($TON) is one of the top-trending altcoins, largely due to its association with The Open Network (TON) […]
Wallet Linked To Early SHIB Investor Adds Significant Liquidity To $TERMINUS As Token Surges Over 10,000%
A wallet suspected to be connected to @liping007, a notable early investor in $SHIB, recently added 22 ETH ($58.3K) and 148,562 $TERMINUS ($58.8K) to liquidity, signaling increased involvement in the memecoin. This same wallet achieved a staggering 1,720x return on $LEASH in 2021, turning a modest $2.3K investment into a […]
$PRIME Surges Over 70% Amid Staking Frenzy For $PROMPT
In the past two weeks, $PRIME has skyrocketed by more than 70%, driven by a combination of Smart Money interest and a strong staking program. The surge began on September 11, when iCrypto noticed an unusual spike in buying activity from Smart Money investors. Since then, $PRIME has gained 70.89%, […]
SOLANA PRICE ANALYSIS & PREDICTION (September 25) – SOL Consolidates Under $150, Builds Up For Big Bullish Moves
The overall market outlook is still very bullish for Sol in the long term as it managed to stay above the important $100 level during the correction. It currently gathers momentum while preparing for a massive explosion. So far, the crucial $120 level has stood well as threshold support for […]