Renowned market analyst Steph has ignited discussions in the cryptocurrency community with a bold prediction for Ripple coin’s future price action. His analysis, shared on social media platform X, suggests that XRP could be on the verge of a significant breakout, potentially reaching as high as $40 in the long
September 11, 2024 2 mins read
Cardano (ADA) finds itself at a critical juncture as it grapples with persistent price stagnation despite increased volatility in the broader cryptocurrency market. The altcoin’s repeated failure to overcome the crucial $0.330 support level since August has sparked concern among investors, prompting questions about ADA’s long-term viability and potential for
September 11, 2024 2 mins read
Solana (SOL) has recently achieved a remarkable milestone, setting a new record for daily active addresses and sparking speculation about potential price appreciation. Despite this surge in network activity, SOL’s price has remained under pressure, mirroring the broader altcoin market’s struggles. As investors eye the upcoming Breakpoint conference, questions arise
September 11, 2024 2 mins read
Chainlink (LINK) has captured the crypto community’s attention, as evidenced by a surge in its social dominance metric. However, this increased buzz comes against a backdrop of weakening buying pressure, creating a complex market narrative that challenges simple bullish or bearish categorizations. On-chain data from Santiment reveals that LINK’s social
September 10, 2024 2 mins read
Polygon’s ambitious token migration from MATIC to POL has reached a milestone, with 6.50 billion tokens successfully converted as of today. This transition, representing a 64.8% conversion rate, marks a pivotal moment in the network’s evolution towards its Polygon 2.0 vision. The migration process, which commenced on September 4, 2024,
September 10, 2024 2 mins read
In the wake of Bitcoin and Ethereum spot ETF approvals in the United States, the cryptocurrency community has turned its attention to Solana as the potential next contender in the ETF race. As the fifth-largest cryptocurrency by market capitalization, Solana’s unique position in the crypto ecosystem has sparked discussions about
September 10, 2024 2 mins read
Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, with its price action and network metrics painting a complex picture of challenges and opportunities. The slumpish market pushed OL to test levels near $121 amidst a surge in trading volume that exceeded $3 billion. This price
September 9, 2024 1 min read
Chainlink (LINK) has embarked on a promising recovery trajectory, with its price showing a increase over the past 24 hours as it sets its sights on reclaiming the $12 threshold. This resurgence comes on the heels of a dip below $10 just days ago, offering renewed hope to investors in
September 9, 2024 2 mins read
Binance Coin (BNB) finds itself at a critical juncture following its recent breakout above a descending trend line that had constrained its price action since August 23. While this development initially sparked optimism among investors, mounting evidence suggests that the current rally may be short-lived, as buying momentum appears insufficient
September 9, 2024 2 mins read
Solana (SOL) finds itself at a critical juncture following weeks of heightened volatility and a 20% drawdown in late August. Despite multiple failed attempts to breach the $160 resistance level, recent shifts in market behavior and key technical indicators suggest a potential rebound may be on the horizon, rekindling optimism
September 6, 2024 2 mins read