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$USDC Gcash Connects 100 Million Philippine Users to USDC Dollar Network Gcash opens access to USDC for 100 million users in the Philippines, enabling stable, dollar-backed digital currency use for global payments, savings, and financial empowerment. Gcash Opens Philippine Wallets to Dollar-Backed USDC in Massive Crypto Shift Mobile wallet provider Gcash, a dominant force in digital finance in the Philippines, announced on March 18 in Manila that it has integrated Circle’s USDC stablecoin into its Gcrypto platform. The update enables millions of users to convert pesos into USDC directly within the Gcash app, giving them access to a fully reserved digital dollar for savings, payments, and global transactions. Circle CEO Jeremy Allaire underscored the milestone on social media platform X, stating: USDC is a regulated stablecoin backed 1:1 by cash and cash-equivalent reserves held at financial institutions, with monthly attestations from third-party firms to ensure transparency. Circle highlighted the broader implications of the partnership for financial empowerment in the region. “At Circle, we believe expanding access to digital financial tools drives economic empowerment,” stated Yam Ki Chan, Circle’s vice president for Asia Pacific. “We are excited that Gcash is enabling millions of Filipinos to participate in the digital economy with confidence and security.” As global interest in stablecoins continues to grow, this move positions Gcash as a key gateway for Filipinos seeking access to secure and borderless financial tools.
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$ETH Ethereum’s Next Move: Will It Rise Above $2,200? Ethereum needs to surpass $2,200 to initiate a new upward trend. Whales are accumulating ETH while smaller investors are selling. Open positions in ETH have reached record levels, signaling bullish expectations. Experts suggest that Ethereum (ETH) $2,093 could initiate a new upward trend if it regains the $2,200 level. Analysts note that after falling 51% from its peak of $4,100 in December 2024, a strong recovery is unlikely without surpassing this macro threshold. According to popular analyst Rekt Capital, reclaiming the price range of $2,196 to $3,900 will be a determining factor for the market. Meanwhile, large investors seem to be increasing their ETH purchases during this period. Nicolai Sondergaard, a research analyst at cryptocurrency analysis firm Nansen, explains that despite the drop in ETH prices, large investors are accumulating assets. He indicates that whales holding between 10,000 to 100,000 ETH have been consistently buying during March. While these whales choose to increase their holdings despite price declines, smaller investors are exerting selling pressure. According to Glassnode data, the number of wallet addresses holding ETH worth $100,000 or more rose from 70,000 to 75,000 in March. However, when price levels were above $4,000 in December 2024, this number exceeded 146,000. This decline indicates a significant reduction in overall ETH holdings in the market. Analysts attribute this divergence to macroeconomic uncertainties and global trade wars, predicting that these factors will exert pressure on both Ethereum and the broader cryptocurrency market through early April.
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$SOL Market Analysts Turn Bullish on SOL SOL price today was up 6.97% at $139 with daily trading volumes surging 94.9% to more than $2.67 billion. As per the Coinglass data, the SOL futures open interest has surged 8.6% to $5 billion, with the 24-hour liquidations surging to $8.82 million. With today’s price action, Solana has managed to break past the crucial resistance of $137, which could set the stage for future upward trajectory. Highlighting this significant breakout for Solana, popular crypto analyst Crypto Curb stated that it marks an end to the persistent downtrend since the January 20th highs, often referred to as the “Trump highs”. The analyst suggests this breakout signals the start of a new upward momentum for SOL, forecasting a potential rally toward the $420 mark in the near future.
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$SOL Why Is Solana Price Up 7% Today? Solana price surge upwards as network adoption hit all time high. Analysts are predicting 150% surge ahead for SOL after recent breakout. Amid the broader crypto market recovery, Solana price is showing major strength gaining 7% to $140 with daily trading volumes jumping 85% to $2.56 billion. The renewed investor interest in SOL comes amid strong network adoption and growing optimism. Interestingly, today’s bounce comes as Solana holders show signs of extreme fear. Solana Price Rallies Amid Market Fear Prominent crypto analyst Ali Martinez has observed signs of growing fear among long-term holders of Solana (SOL). The analyst pointed out that such periods of uncertainty unlock new opportunities for strategic investors. “Historically, these are the moments smart money steps in,” Martinez noted, referencing the adage, “Be greedy when others are fearful”. This shows that the current Solana price surge amid value-driven accumulation could thereby mark the beginning of a sustained uptrend from here onwards
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$BNB BNB Chain Outperforms Ethereum in DEX Trading Volume BNB Chain’s impressive rise to the top of the DEX volume charts is a result of various factors, with memecoin trading being one of the most significant drivers. This surge in volume is not a one-time event; BNB Chain has accounted for over 30% of the total DEX market share for six consecutive days since mid-March, a figure that is likely to keep growing. In fact, the weekly DEX volume for BNB Chain increased by 48%, while volumes on Ethereum, Solana, Base, and Arbitrum saw significant declines. These drops ranged from 29.5% for Solana to a dramatic 39% for Arbitrum. This stark contrast highlights BNB Chain’s growing influence in the DeFi sector, making it the chain to watch in the coming months. Memecoins Drive Increased Activity on BNB Chain One of the key factors behind BNB Chain’s surge in DEX volume is the explosive growth of memecoins. Coins like $MUBARAK, $CHEEMS, and $BNX have seen significant price rallies, leading to increased trading activity on BNB Chain-based DEXs. The rise of these memecoins has been accompanied by growing investor interest, drawn by the potential for quick, speculative profits. Memecoin trading has brought both retail and institutional users into BNB Chain’s ecosystem. Platforms like PancakeSwap, the leading DEX on BNB Chain, have experienced massive growth as a result. PancakeSwap alone accounted for nearly 30% of the total DEX trading volume, with $14.168 billion in weekly trading volume and $1.67 billion in daily volume as of March 22. The expansion of trading options on PancakeSwap, including perpetual trading, prediction markets, NFT marketplaces, and lottery systems, has contributed to this meteoric rise.
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