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🪙 Crypto and Blockchain News (Feb 22, 2024): 1️⃣ [Binance](https://www.binance.com/en/blog/community/binance-charity-teams-up-with-superhumans-foundation-and-dedicates-$150000-to-supporting-waraffected-ukrainian-citizens-74804812046079318): The charitable arm of the #Binance cryptocurrency exchange, in collaboration with the non-profit organization Superhumans Foundation, will allocate $150,000 to support citizens of #Ukraine affected by the war. The partners will launch a series of educational initiatives to assist in the creation or expansion of their own businesses. 🤝 2️⃣ Fuel Labs: The #Fuel project, positioned as the "world's fastest modular execution layer," has unveiled the Rollup OS solution. According to developers, the "operating system" represents an evolution of the Fuel V1 platform based on Optimistic Rollups. The technology aims to eliminate "critical limitations" inherent in current rollup architectures. ⚡ 3️⃣ Conduit: Infrastructure blockchain company #Conduit has launched a platform that allows deploying L3 solutions based on Rollups with "just a few clicks" without the need for coding. The application offers a choice of frameworks, including OP Stack from Optimism and Arbitrum Orbit. The data availability layer supports Ethereum or Celestia. Users can use L2 solutions such as Base, Zora, Mode, or the Ethereum mainnet as the calculation layer for transaction verification. ⚙️ 4️⃣ Aave: Gauntlet, a company specializing in risk management in DeFi, will end its collaboration with the lending platform #Aave after four years of working together. The co-founder of the firm, John Morrow, cited difficulties last year in "navigating conflicting guiding principles and unwritten goals of major stakeholders" as the main reason for the decision. 🤝 5️⃣ Chiliz: The Chiliz network, launched last year, has introduced a new tokenomics for CHZ. It includes a token burning mechanism and an inflationary model. 🔥 💙 Thank you for being with us!

🪙 Crypto and Blockchain News (Feb 22, 2024):

1️⃣ Binance: The charitable arm of the #Binance cryptocurrency exchange, in collaboration with the non-profit organization Superhumans Foundation, will allocate $150,000 to support citizens of #Ukraine affected by the war. The partners will launch a series of educational initiatives to assist in the creation or expansion of their own businesses. 🤝

2️⃣ Fuel Labs: The #Fuel project, positioned as the "world's fastest modular execution layer," has unveiled the Rollup OS solution. According to developers, the "operating system" represents an evolution of the Fuel V1 platform based on Optimistic Rollups. The technology aims to eliminate "critical limitations" inherent in current rollup architectures. ⚡

3️⃣ Conduit: Infrastructure blockchain company #Conduit has launched a platform that allows deploying L3 solutions based on Rollups with "just a few clicks" without the need for coding. The application offers a choice of frameworks, including OP Stack from Optimism and Arbitrum Orbit. The data availability layer supports Ethereum or Celestia. Users can use L2 solutions such as Base, Zora, Mode, or the Ethereum mainnet as the calculation layer for transaction verification. ⚙️

4️⃣ Aave: Gauntlet, a company specializing in risk management in DeFi, will end its collaboration with the lending platform #Aave after four years of working together. The co-founder of the firm, John Morrow, cited difficulties last year in "navigating conflicting guiding principles and unwritten goals of major stakeholders" as the main reason for the decision. 🤝

5️⃣ Chiliz: The Chiliz network, launched last year, has introduced a new tokenomics for CHZ. It includes a token burning mechanism and an inflationary model. 🔥

💙 Thank you for being with us!

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📈 Prediction (TON and SOL): 😘 TON/USDT - #Toncoin is attempting to break above a key resistance level. This time, the breakout might be successful as investors are showing bullish sentiments, preferring to hold onto their assets rather than take profits. According to the active deposits on exchanges metric, active deposits of #TON have reached a two-month low. This indicates that holders are expecting a price increase. Forecast: The last time the price of Toncoin surpassed the $6.5 barrier, it rose to $7. Although the altcoin was unable to sustain above this level, it confirmed it as a critical resistance and support level. If the next breakout attempt succeeds, TON is likely to reach a new high and head towards the next resistance at $7.67. However, failure to hold above the key level will send the price of Toncoin back to $6.0. If this support is also lost, the altcoin is expected to drop to $5.4. 😍 SOL/USDT - The price of Solana's token has fallen to $166 at the time of writing, dropping below the critical mark of $169. This has intensified the bearish sentiment. Additionally, the altcoin has a very high correlation (0.93) with Bitcoin. This can be both an advantage and a disadvantage for SOL. A BTC rally benefits Solana. However, if BTC declines, #SOL may also be at risk. Currently, the latter scenario seems more likely. This is because Bitcoin recently lost its critical support at $68,500 and may continue to fall. Forecast* The price of Solana may either stabilize or drop to a low of $156, and from there head towards $137. However, if the overall market signals turn positive and Bitcoin's price recovers, #Solana could also benefit. This could counteract the current bearish sentiment for SOL and lead to consolidation between $169 and $156. Market optimism could eventually lead to a breakout above $169 and a rise to $200, nullifying the bearish scenario. 👍 Please share this review with others!
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