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Solana’s recent price action presents an interesting study in market psychology as the cryptocurrency rebounds from its dip below $170. The recovery to $202 marks a significant technical achievement, though the sustainability of this bounce depends on the delicate balance between new investor participation and profit-taking behavior. Understanding Solana Network
Ethereum dominance is gradually decreasing among blockchains that enable dApp development and DeFi. With the emergence of blockchain networks such as Solana, Tron, Sui, Base, Hyperliquid, Ethereum is losing its share of TVL in the blockchain ecosystem. Even the short bull run we witnessed in December 2024 couldn’t favor the
Texas Senator Charles Schwertner has announced the submission of Bill SB 778, proposing the establishment of the first state-level Bitcoin strategic reserve in the United States. If passed, this legislation could position Texas at the forefront of the digital economy, fostering economic growth and enhancing financial freedom. The bill likely
The cryptocurrency market has responded positively to Chainlink’s latest technological advancement, with its native LINK token recording a 7% gain. However, this uptick comes against the backdrop of significant price corrections throughout December, raising questions about the immediate market impact of infrastructure improvements. Chainlink Technical Evolution Chainlink’s deployment of CCIP
XRP’s recent price action represents a significant technical breakthrough as the cryptocurrency finally overcomes the stubborn $2.73 resistance level that has contained price action for the past month.XRP now stands just 16% away from its historic high of $3.31, though the path forward may be complicated by evolving whale behavior.
The crypto market after several days has recorded a bullish movement. Its overall market cap has surged by 1.06% with leading cryptocurrencies heading the upward momentum. Bitcoin reached its previous $96K zone and other altcoins have factored in the hype. Meanwhile, one particular altcoin – Stellar has caught community attention
The crypto market exhibits a mild recovery as some assets break free from the bear trap. Solana experiences a price uptick but still struggles to escape the red zone. Analysts speculate that SOL could target $200 and above as interest builds. The uptick reflects the price’s resilience amid a slightly
XRP has made headlines with a notable price surge of 10% in the last 24 hours. It is trading at $2.80 and hit a 40-day high of $2.90 earlier. This marks a 21% increase over the past week and a 16% spike in trading volume, indicating growing investor interest. The
The crypto community believes in everyday progress despite the market’s tendency for extremes. Thus members are rejoicing Bitcoin’s recent price increase that broke out of its resistance at $94,000. It has resulted in a pivotal change in the altcoin sector, as tokens are grabbing at the opportunity of a positive
The crypto market in the past day has shown short-term bullish signs after days of price dips. While the leading cryptocurrency, BTC, hasn’t shown much action, the same cannot be said for the altcoin sector. Several players have sparked bullish candles and recovered from past days’ dips. Meanwhile, the US
