Mon, September 28

Will Cardano’s Strong Long-Term Holder Base Support ADA Recovery?

Prominent blockchain Cardano’s address count with a balance has remained around 4.45 million for over a year, indicating stability but also highlighting challenges in attracting new users. During the last cycle, Cardano positioned itself as a strong alternative to Ethereum, experiencing significant growth. However, in the current cycle, platforms like

August 13, 2024 2 mins read

Can Solana (SOL) Turn the Tide and Break Out This Week?

Solana (SOL), the fifth-largest cryptocurrency by market cap, has extended its recent downward trend, failing to break out of the $150 zone. As bears are overpowering the feud, SOL dropped down to a brief bearish zone at $146.  Notably, in the last 24 hours, after a 2.30% drop, SOL managed

August 13, 2024 2 mins read

How Will Pendle’s $1.64M Transfer to Binance Impact Its Price?

While the global crypto market is swinging with both gains and losses, the movement of large asset volumes across exchanges is drawing increased attention. In a recent transaction, Pendle Finance’s Ecosystem Fund transferred 600,000 PENDLE tokens, equivalent to approximately $1.64 million, to Binance around 11 hours ago. This marks a

August 13, 2024 2 mins read

What Drives SUI’s 120% Surge Amid the Market Downturn?

While the cryptocurrency market is experiencing a downturn, Sui (SUI) stands out with a significant performance. In the last 24 hours, SUI has soared over 20%, and its weekly gain has reached 120%. This surge comes at a time when the broader market trends are not as favorable, highlighting SUI’s

August 12, 2024 2 mins read

Canto’s Native Token Surged Over 16% Despite Recent Outage

Cosmos-based Layer-1 blockchain, Canto, has experienced a notable network outage over the weekend due to a critical “consensus issue” in their blockchain. As part of resolving the issue, Canto has scheduled an upgrade aimed at addressing the problem today.  The outage was followed by the “Callisto” software upgrade. This resulted

August 12, 2024 2 mins read

Dogwifhat Faces Double-Digit Loss as Market Crash Intensifies

As Bitcoin (BTC) faces a notable dip, the Solana-based memecoin Dogwifhat (WIF) has recorded significant volatility with a double-digit loss. In the last 24 hours, WIF displayed a sharp decline of over 13.3%, reflecting the broader impact of Bitcoin’s downturn on the memecoin market. The memecoin, which fell to $1.09

August 12, 2024 2 mins read

Can Solana Bounce Back from Its Recent Dip?

Solana, one of the leading altcoins, is facing an 8% decline amid an overall bearish market. The total cryptocurrency market cap has dropped by 4%, with Bitcoin, the dominant cryptocurrency, experiencing a similar 4% decline, currently trading at $58,601. Despite the downturn, Solana has shown resilience in the past week.

August 12, 2024 2 mins read

Toncoin (TON) Price Surges After Binance Announces Token Listing

The overall crypto market showed modest declines in market cap and daily trading volume in the last 24 hours. Leading cryptocurrencies such as Bitcoin and Ethereum showed increased volatility in price activity over the past day. One of the leading altcoins, Toncoin, recorded significant upward movements after recent dips.  Notably,

August 8, 2024 2 mins read

Shiba Inu (SHIB) Price Shows Recovery Signs Amid Crypto Crash

Leading on-chain analyst, CryptoQuant’s author ‘binhdangg’ observed that 60% of the top 50 cryptocurrencies have lost their 2024 gains. Amid increasing liquations, leading tokens have shown significant price declines. Meanwhile, dog-themed meme coin Shiba Inu has exhibited notable price hikes in the last 24 hours.  According to CMC data, the

August 6, 2024 2 mins read

Can Solana (SOL) Resist the Odds to Cross $160 This Week?

Bitcoin (BTC) and Ethereum (ETH), the largest cryptocurrencies by market cap, have faced a critical and dramatic downturn that panicked the global crypto community. In the unforeseen market crash, BTC plummeted by 17%, hitting its 5-month-low at $49K. Likewise, ETH recorded a severe drop of 24%, priced below the $2.5K

August 6, 2024 2 mins read