The Solana network is currently grappling with a decline in its on-chain activity, highlighted by diminishing trading interest. Following a market downturn that corrected SOL’s price to critical support levels, the value did rebound. However, persistently low on-chain metrics are causing investor anxiety about the durability of this recovery. Decrease
May 3, 2024 2 mins read
Amidst a brief uptick in altcoin activity, Solana hints at a robust recovery, hinting at a potential bullish run this week. The rebound from a critical support level suggests strong underlying demand, positioning SOL to potentially surpass the $150 threshold by May. Nevertheless, escalating market volatility and possible corrections in
May 2, 2024 2 mins read
Polkadot, one of the best performers, has a bright chance for a comeback as it gets beyond a recent supply surge. With the potential for a bullish turnaround, the DOT price is gradually gaining momentum and drawing the attention of market bulls. As other altcoins struggle to halt their downward
May 2, 2024 2 mins read
The cryptocurrency industry has experienced a modest resurgence, marking a 1.77% increase—a substantial injection of roughly $70 billion into the market within the last 24 hours. This comes after the global market capitalization hit a two-month low at $2.10 trillion just yesterday, underscoring the volatile nature of digital assets. XRP
May 2, 2024 2 mins read
Ethereum (ETH) started the year 2024 on a positive note, recording an impressive 79.34% increase in valuation and reaching a high of $4,094.75. However, after a period of sideways trading, the bulls lost momentum, and the price has since been trading under bearish influence. The global cryptocurrency market cap has
May 1, 2024 2 mins read
Litecoin (LTC), the peer-to-peer cryptocurrency often referred to as the silver to Bitcoin’s gold, is currently trading under a key resistance level. However, if LTC manages to flip this level into support, it could potentially drive the price to $90 and beyond. Interestingly, Litecoin holders are playing a crucial role
April 30, 2024 2 mins read
As the bearish April month draws to a close, the crypto community is eagerly anticipating a potential altcoin bull rally in May, particularly following the Bitcoin halving event that took place ten days ago. Despite the recent market volatility and the continued slide in altcoin prices, market watchers are eyeing
April 30, 2024 2 mins read
As the highly anticipated launch of the new privacy layer-3 (L3) blockchain approaches, Shiba Inu community administrator Ragnar has drawn SHIB enthusiasts’ attention to the collaborative utility of ecosystem tokens. In a recent post on X, Ragnar highlighted an explanation by “Buzz,” the founder of K9 Finance DAO, a partner
April 30, 2024 2 mins read
Shiba Inu, the popular meme-inspired cryptocurrency, has recently outlined its upcoming developments for the Shibarium ecosystem, slated for implementation in the 2024/2025 cycle. Lucie, Shiba Inu’s marketing lead, took to X to share the project’s ambitious roadmap, which includes a range of new features and upgrades designed to enhance the
April 25, 2024 2 mins read
Ethereum, the largest altcoin by market capitalization, was not immune to the recent crash, with the ETH price declining by 2.50%. Concerns about a potential drop to $3,000 have arisen due to this recent setback and broader market fears of an intense correction. Despite the current downturn, some investors remain
April 25, 2024 2 mins read