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Solana (SOL) Will Become Top Three Blockchain by Market Cap in 2024 A digital assets senior investment analyst, predict that Ethereum will lose market share to Solana next year due to the latter project having “less uncertainty surrounding their scalability roadmap.” The analysts also predict that Solana will rise to become a top-three blockchain by market cap, total value locked (TVL) and active users. The TVL of a blockchain represents the total capital held within its smart contracts. TVL is calculated by multiplying the amount of collateral locked into the network by the current value of the assets. Solana currently ranks sixth among chains in terms of TVL, according to the decentralized finance aggregator DeFi Llama. Thanks for reading #SolanaDeFi #SolanaPriceSurge #DigitalFrontiers #MarketDynamics

Solana (SOL) Will Become Top Three Blockchain by Market Cap in 2024

A digital assets senior investment analyst, predict that Ethereum will lose market share to Solana next year due to the latter project having “less uncertainty surrounding their scalability roadmap.”

The analysts also predict that Solana will rise to become a top-three blockchain by market cap, total value locked (TVL) and active users.

The TVL of a blockchain represents the total capital held within its smart contracts. TVL is calculated by multiplying the amount of collateral locked into the network by the current value of the assets. Solana currently ranks sixth among chains in terms of TVL, according to the decentralized finance aggregator DeFi Llama. Thanks for reading

#SolanaDeFi #SolanaPriceSurge #DigitalFrontiers #MarketDynamics

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XRP Price Prediction: Expert Anticipates Surge to $3.7 Ripple's XRP has recently taken the spotlight due to an analyst's insights hinting at a potential surge in its market value. Amidst its ongoing consolidation phase, Ripple exhibits promising signals that could lead to a substantial price increase, potentially reaching $3.70. Presently valued at $0.6282, XRP is navigating a consolidation period along a slanted trend line, reminiscent of past cycles where the asset experienced noteworthy growth following similar patterns. In 2021, XRP recorded an impressive 500% gain, peaking at $1.60. Leveraging this historical precedent and considering current market conditions, the expert's forecast envisions a potential surge. Technical analysis sourced from TradingView reflects a robust bullish sentiment, supported by a 'strong buy' rating backed by moving averages and oscillators. The trading volume for Ripple has surged by 38%, reaching $1.9 billion, reinforcing the optimistic outlook. Additionally, the emergence of a vibrant green Super Guppy, a cluster of moving averages indicating trend strength, signals a bullish trajectory for XRP. Renowned analyst Egrag Crypto anticipates a pivotal period for XRP between December 2023 and February 2024, foreseeing substantial price movements that could present lucrative opportunities for investors. The analysis recommends consolidating both dollars and other cryptocurrency gains into XRP during this window, potentially amplifying portfolios by six to seven times. #XRPWhaleAccumulation #XRP/USDT.P #RippUpdate #XRPBreakout
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The US Court Declared LUNA - UST to be a Security According to the decision of the Southern District Court of New York on December 28 (US time), there was a judgment in favor of the US Securities Commission (SEC) in the lawsuit against Terraform Labs and founder Do Kwon with allegations Illegal securities offering. Specifically, the court assessed that virtual currencies such as LUNA, UST, wLUNA and MIR in the Terra ecosystem are considered fake securities, and Terraform Labs violated the law when issuing them to US investors without registering with the SEC. Judge Jed Rakoff of the District Court for the Southern District of New York upheld the SEC's decision, finding that Terraform Labs and its co-founder Do Kwon offered and sold unregistered securities. Judge Rakoff noted that UST, LUNA, wLUNA and MIR were undoubtedly securities…However, the court rejected the SEC's claim that Terraform Labs provided securities trading services related to these currencies. This is considered a new step in the lawsuit, and the trial of other charges is expected to continue in January 2024. #LUNC/USDT #USTC/USDT #Lunapriceanalysis #LUNA+4.07%
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