Solana’s Total Value Locked (TVL) recently surged to $6.43 billion, marking its highest level since January 2022. This growth highlights the resurgence of Solana’s DeFi ecosystem, driven by increased activity in decentralized exchanges (DEXs), liquid staking protocols, and restaking initiatives.
Key contributors to this increase include Raydium, a major DEX on Solana, which reclaimed its position as a top protocol, fueled by liquidity from meme coins and other tokens. Additionally, liquid staking platforms like Jito, which amassed over $2 billion in TVL, have played a pivotal role, along with Solana’s rising DEX volumes, surpassing those of competing chains like Ethereum.
The renewed interest in Solana’s ecosystem reflects growing user confidence and capital inflows, solidifying its position in the DeFi space. While the network’s native token, SOL, has also gained value during this period, the TVL growth indicates that more than just price appreciation is driving the expansion.
#ScrollOnBinance #UptoberBTC70K? #XRPDonationsUSElections #solonapumping
🚀 Buenos Aires Embraces Zero-Knowledge Proofs for Enhanced Privacy!
Buenos Aires has integrated zero-knowledge proofs (ZK proofs) into its miBA app, enhancing privacy for 3.6 million residents. This tech allows users to verify information, like age, without revealing personal data. The app, QuarkID, uses Ethereum's ZKsync Era for added security.
- Over 60 document types can be uploaded.
- No third-party control over data.
- Reduced identity theft risk.
Other regions in Argentina and Uruguay are also testing this innovation. What do you think about this privacy boost? Share your thoughts below! 💬
Gary Gensler’s Time as SEC Chair and His Battle with Crypto is Coming to an End 🤩
As Gary Gensler’s tenure as chair of the U.S. Securities and Exchange Commission (#SEC ) approaches its conclusion, his steadfast opposition to the crypto industry stands out.
Gensler has been a controversial figure, using existing securities laws to #regulate digital assets through enforcement rather than new legislation. His time at the SEC may end soon depending on the outcome of the 2024 presidential election, as tradition dictates SEC chairs step down when the opposing party takes power.
However, Gensler could continue influencing crypto regulation as a commissioner. His legacy is marked by battles with #crypto companies and legislators, some accusing him of hindering innovation. Regardless, Gensler’s actions have undeniably shaped the regulatory landscape, with ongoing court cases and potential new laws set to define the future of U.S. crypto policy.
What do you think? 🤔
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#Binance
#crypto2024
🚨 $LPT /USDT Approaching Key Levels – Immediate Action Needed! 🚨
The LPT/USDT chart is flashing major opportunities on the 15-minute time frame! The price is currently hovering around $12.33, down 3.61% over the last 24 hours, signaling a critical decision point. Buyers are stepping in at key support, while resistance threatens to block any breakout attempts.
📉 Support Zone:
Key support lies around $12.20 USDT. A solid bounce from here could ignite a move back toward the highs. This is a great level for a long entry with a stop loss at $12.15 USDT to minimize risk.
🚧 Resistance Zone:
Resistance stands firm at $12.90 USDT. If we break above this, a surge toward $13.00 is on the table. Aggressive traders can place long entries here with stop losses below $12.70 to manage volatility.
🎯 Long Trade Target:
Immediate breakout target: $13.00 USDT. Bulls need to clear this hurdle to extend the rally.
⚠️ Short Trade Strategy:
If the price struggles to hold above $12.20, consider short positions, targeting $12.00 and further declines. A stop loss at $12.40 is recommended for risk management.
Stay sharp! A breakout or breakdown could happen fast—time to make your move!
{spot}(LPTUSDT)
#SECApprovesBitcoinETFOptions #USRetailSalesBoost #TeslaTransferBTC #ScrollOnBinance #UptoberBTC70K?
Unlocking Scalability: The Rise of Scroll Token (SCR)
Introduction:
The cryptocurrency landscape is constantly evolving, and scalability remains a pressing concern. Scroll Token (SCR), a revolutionary zk-Rollup solution, is poised to address this issue. In this post, we'll delve into SCR's potential and explore its implications for the future of blockchain.
What is Scroll Token (SCR)?
Scroll Token is a Layer 2 scaling solution designed to enhance Ethereum's performance. By leveraging zero-knowledge proof technology, SCR enables faster, cheaper, and more secure transactions.
Price Prediction: SCR price reach soon $5 to $10 ,in 2024 price $1.19 to $3
Key Benefits:
1. Scalability: SCR increases Ethereum's transaction capacity, making it suitable for widespread adoption.
2. Security: Zero-knowledge proofs ensure transaction confidentiality and security.
3. Low Fees: Reduced transaction costs make SCR an attractive option for users.
Use Cases:
1. DeFi Applications: SCR's scalability and security make it ideal for decentralized finance platforms.
2. Gaming: Fast and cheap transactions enable seamless gaming experiences.
3. NFTs: SCR's security features protect valuable digital assets.
Future Outlook:
As the cryptocurrency space continues to grow, scalability solutions like Scroll Token will play a vital role. With its cutting-edge technology and growing adoption, SCR is poised to become a leading player in the Layer 2 ecosystem.
Conclusion:
Scroll Token's innovative approach to scalability has the potential to revolutionize the blockchain landscape. As the project continues to evolve, keep an eye on SCR's progress and consider its potential implications for your own cryptocurrency endeavors.
Join the Conversation:
Share your thoughts on Scroll Token's potential in the comments below!
#ScrollOnBinance
#ScrollLayer2 #SCR #scroll #Write2Earn!
$SCR
{spot}(SCRUSDT)
$RUNE /USDT – Channel Bound Play: Potential Long and Short Entries Unfolding!
The RUNE/USDT 15-minute chart shows clear support and resistance levels within a well-defined ascending channel. This setup provides excellent opportunities for both long and short positions, depending on price action at these critical levels.
• Support Zone: The lower channel support is at 5.10 USDT, offering a potential bounce area. If price holds here, it could initiate a new upward move within the channel.
• Resistance Zone: The upper channel resistance lies around 5.25 USDT, a key breakout point. A breach of this level could trigger a strong rally, targeting 5.30 USDT and beyond.
Potential Trade Entries:
1. Long Entry: Enter around 5.12 USDT near the support zone with a tight stop loss at 5.05 USDT. Targets: 5.20 USDT, 5.25 USDT, and 5.30 USDT for quick profits.
2. Short Entry: If price rejects the resistance near 5.25 USDT, consider shorting with a stop loss at 5.28 USDT. Targets: 5.17 USDT, 5.10 USDT, and potentially lower toward 5.00 USDT.
The current setup is a battle between bulls and bears within the channel. Stay vigilant for breakouts or breakdowns at these key levels for explosive moves!
{spot}(RUNEUSDT)
#SECApprovesBitcoinETFOptions #USRetailSalesBoost #TeslaTransferBTC #UptoberBTC70K? #ScrollOnBinance
🚀 Bitcoin's Back in the Green! 🚀
- Over 94% of Bitcoin holders are now in profit after BTC's recent rally above its 2021 all-time high of $69,000. 💸
- Short-term holders, who bought during the "chopsolidation" phase, are seeing green, reinforcing the "Buy-the-Dip" mentality.
- Historically, such high profit levels often precede a price drop. Will history repeat itself?
- BTC faces resistance at $69K, but analysts see this as a "healthy" pullback.
- US spot Bitcoin ETFs are gaining momentum, potentially fueling the next leg up.
Stay tuned, HODLers! 🚀
**Bitcoin Rally: 94% of Holders in Profit**
Bitcoin's recent surge past its 2021 all-time high of $69,000 has put over 94% of BTC holders in profit, according to CryptoQuant data. Independent analyst Axel Adler Jr. notes that most coins were bought around the $55K mark. Short-term holders (STHs) have particularly benefited, reinforcing the "Buy-the-Dip" mentality.
However, history suggests caution. High profit levels often precede price drops, as seen in past bull cycles. Bitcoin faces resistance between $67,300 and $69,400, with traders like Jusko Trader viewing recent pullbacks as healthy corrections.
Inflows into US spot Bitcoin ETFs, which have reached $21.2 billion, could help BTC breach the $68,000 mark, potentially liquidating $1.65 billion in leveraged short positions.
Remember, every investment carries risk; do your own research before making decisions.
🚨 $SUPER /USDT CRITICAL PRICE ACTION – ENTRY STRATEGIES AND ALERTS 🚨
SUPER/USDT is showcasing a powerful bounce from recent lows around $1.32 USDT, now trading at $1.3504 USDT, signaling growing bullish momentum. This surge is taking place on the 15-minute chart, indicating a short-term recovery with higher potential.
🔑 Support Levels:
• $1.32 USDT is holding strong, serving as a critical support zone. A break below could invite a bearish pullback towards $1.27 USDT, so cautious traders must set stops here.
🚧 Key Resistance:
• The immediate upside resistance is around $1.362 USDT. A breakout beyond this level could lead to an explosive rally toward $1.40 USDT.
📈 Long Entry Strategy:
• Enter above $1.362 USDT with targets set at $1.38 USDT, $1.40 USDT, and a final stretch toward $1.45 USDT. Set stop-loss at $1.32 USDT to manage downside risk.
📉 Short Entry Strategy:
• A rejection from $1.362 USDT offers a short setup with a target back to $1.32 USDT or potentially lower toward $1.27 USDT, with a stop-loss at $1.38 USDT.
📊 Conclusion:
• Traders should stay alert for a breakout or rejection at resistance levels, as this could dictate the next big move. Both bulls and bears are likely to clash in the coming hours, so precision is key!
{spot}(SUPERUSDT)
#SECApprovesBitcoinETFOptions #APESurge #UptoberBTC70K? #ScrollOnBinance #USRetailSalesBoost
**News Flash: Battling Bots with Blockchain**
The internet is flooded with bots and AI fakes, and various projects are racing to tackle this issue. Studies show that 5-15% of accounts on platforms like X are bots, and Facebook bans millions of fake users quarterly. Online games are also plagued by bots grinding tasks for rewards.
To combat this, blockchain-based projects are stepping up. Holonym uses "human keys" derived from biometrics and personal data to verify real users. Civic employs video feeds for authenticity checks, while Proof of Humanity combines social verification and video submissions.
Privacy concerns remain, but solutions like Holonym keep most data on the user's device. These digital ID systems have broader applications, from political donations to aiding refugees, showcasing their potential to address modern challenges.
🚨 $ALPHA /USDT BREAKOUT IMMINENT: MASSIVE VOLATILITY ON THE HORIZON 🚨
ALPHA/USDT has exploded with a staggering +63.22% surge, showing signs of a potential bullish continuation. However, volatility is expected as the price approaches critical levels.
💡 Key Resistance: $0.1420 USDT – This is the next major hurdle. If ALPHA breaks through this zone, expect a bullish run toward $0.1600 USDT or higher. Momentum buyers will flood the market.
📉 Support Zone: $0.1200 USDT – If ALPHA retraces, this is the zone to watch for a potential bounce. Below here, the price could slide toward $0.1100 USDT.
Short-term Entry: Consider a long position at $0.1300 USDT with a stop loss at $0.1150 USDT, targeting $0.1420 USDT.
Long-term Entry: Buy in near $0.1200 USDT with a stop loss at $0.1100 USDT for an upside target of $0.1600 USDT.
Be alert—either a breakout or a rejection could send prices sharply in either direction!
{spot}(ALPHAUSDT)
#SECApprovesBitcoinETFOptions #CMEBTCFuturesRecordHigh #XRPDonationsUSElections #APESurge #UptoberBTC70K?
Terra Luna Classic Price Surged As Burn Rate Increases To 726 Million and ready for 0.0002?
Terra Classic price surged as the recent burn activity gained momentum, with 101 LUNC tokens burned in the last hour across one transaction. Today’s burn volume stands at 15,014,150.70 tokens, with 6,101 tokens burned through direct transactions and 15,008,049.70 through tax mechanisms.
According to LunaMetrics data, a remarkable 320,164,105 tokens were burned in the past seven days, significantly impacting LUNC’s overall supply. This increased burning activity may improve the token’s price dynamics as the supply shrinks. The burning initiative remains vital to altcoin’s strategy of restoring value to the Terra Classic ecosystem.
Over the past 24 hours, the price of LUNC has shown a slight bullish movement, currently trading at $0.00009363, marking a 2.01% increase. The price experienced fluctuations, with the low reaching $0.00009035 and the high peaking at $0.00009714.
Despite these gains, most crypto market prices appear to be facing a correction. BTC remains above the $67,000 level, while ETH, SOL, and XRP have exhibited downward trends, raising concerns among market participants. The overall crypto sentiment remains cautious as the market digests these movements.
Follow for updates, news and price analysis. thanks
buy these and enjoy Q4. dyor.
$LUNC
{spot}(LUNCUSDT)
$LUNA
{spot}(LUNAUSDT)
$USTC
{spot}(USTCUSDT)
#UptoberBTC70K? #APESurge #ScrollOnBinance #USRetailSalesBoost #Write2Earn!
October Continues
- #SEC Chair Gary Gensler Speaks today at 10:25AM EST and @BlackRock 's Larry Fink Speaks at 12PM ET
- Russia's BRICS Summit on 22nd
- #SEC Chair Gary Gensler Speaks again on 22nd at 3pm GMT
- #IMF 's World Economic Outlook on 22nd
- Canada Interest Rate Decision on 23rd
- US Federal Reserve Beige Book on 23rd
- US Initial Jobless Claims on 24th
- U.S. GDP (QoQ) (Q3) on 30th
- BOJ Policy Meeting on 31st
- US PCE on 31st
Earnings:
- Tesla, IBM and Boeing on 23rd
- Google, AMD, Paypal, VISA, MCD, Snap on 29th
- Coinbase, MicroStrategy, Robinhood, Microsoft and Meta on 30th
- Apple, Amazon, Intel, Roblox and Block on 31st
Crypto:
*Grass to Release Final Airdrop Checker on 21
*Scroll Airdrop TGE/Airdrop Claim on 22 [Airdrop Snapshot: Oct. 19]
*Vega Protocol Shutting Down: Withdraw your balances before Oct. 27
SDAO Merge & Airdrop expected Q4 October or November
Crypto Events:
- $ATOM
Cosmoverse, UAE [21st-27th] [Major @cosmos Event]
- $BNB @binance Blockchain Week, Dubai [30th-31st] [CZ will be attending the event]