#Write2Earn Solana's market dominance surged to an impressive 33.76%, marking a remarkable ascent from a mere 1.17% just a year ago. Bolstering this achievement, SOL reclaimed its bullish momentum, surpassing the $100 threshold for the first time in over a fortnight.In a groundbreaking shift, Solana (SOL) emerged as the predominant blockchain for stablecoin transfers in January, surpassing established players such as Ethereum ($ETH ) and Tron (TRX). According to Artemis data, a staggering $497 billion worth of stablecoins were transacted on the Solana blockchain in January, marking an unprecedented high. This surge propelled Solana's market share to an impressive 33.76%, a remarkable leap from just 1.17% a year earlier.Solana's dominance in facilitating stablecoin transfers comes amid a significant surge in demand for stablecoins over the last two months, primarily fueled by optimistic sentiments surrounding the potential approval of spot Bitcoin (BTC) ETFs. Contrary to the previous bear market, where Ethereum and Tron accounted for over 80% of stablecoin volumes, Solana has taken the lead in the latest upswing.Upon closer inspection of the provided graph, AZC News observed a remarkable five-fold increase in monthly stablecoin volumes on the Solana blockchain from November to January. In comparison, Ethereum’s volume rose only by 31%, while Tron’s stablecoin trades effectively remained the same.Is USDC behind the turnaround?USD Coin [$USDC ] was the dominant stablecoin on the Solana blockchain, with over 56% share of the total supply, according to DeFiLlama. Interestingly, USDC’s market cap on Solana increased by more than 14% over the past month, while most other stablecoins recorded a drop. This strongly indicated that #USDC volumes on Solana were the primary drivers in boosting overall stablecoin transfer volumes.$SOL is back to good healthIn another good news, the network’s native token SOL regained its bullish strength, bouncing above $100 for the first time in more than two weeks. According to #CoinMarketCap , SOL was exchanging hands at $104 as of this writing, marking a 30% gain over the past week. As expected, the bullish price action led traders to go long on the asset. SOL’s bullish bets outnumbered bearish bets in the last two days, arccording to #Coinglass data.Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice.#JUP

#BinanceTournament Bitcoin, the largest cryptocurrency by market capitalization, surpassed the $39,000 mark in Saturday trading, reaching new yearly highs of $39,753 around where it currently trades.Bitcoin ($BTC ) was up 1.89% in the last 24 hours to $39,459, a level it last traded at in April 2022, at the time of writing.Bitcoin has more than doubled in price in 2023, rebounding over 134% from the crypto rout of 2022, outperforming investments such as stocks and gold.Against this backdrop, Bitcoin proponent Max Keiser predicts an all-time high (ATH) coming in for Bitcoin. "New ATH for BTC on this pulse, $220,000 in play," Keiser stated in a tweet.New ATH for #BTC on this pulse. $220,000 in play. pic.twitter.com/r1mgDjVTUF— Max Keiser (@maxkeiser) December 2, 2023Bitcoin peaked at over $69,000 in November 2021 before plummeting 64% the following year due to a string of bankruptcies in the crypto industry and macroeconomic concerns.At its present price, Bitcoin is currently down 42.69% from this high, and its profitability has soared to 80%, the highest value since December 2021, per IntoTheBlock.The expectation voiced by Bitcoin bull Max Keiser is also similar to that of Galaxy Digital CEO Mike Novogratz, who predicted that Bitcoin might reach its old highs of $69,000 with #etf approval.Novogratz predicts that billions of dollars will pour into the ETF industry within the first year, if not more, once the #bitcoinetf begins trading.Eyes on $40,000 Bitcoin price in short-termCurrently, all eyes are on where Bitcoin will trend next in the short term, with a target price of $40,000. December has historically been a mixed month for Bitcoin.According to #Coinglass  data, Bitcoin rose only in 2020 over the previous five years, but the magnitude of the rise (46.92%) was significant. With the current rally, bulls may attempt to replicate the performance this season.According to Bloomberg, the pattern of positions in the Bitcoin options market hints at a trading range of $37,000 to $40,000 in December.#ORDI 🗣🗣Empower Our Mission: Tips For Dedicated Service. 🗣🗣👉Users are encouraged to support the mission by offering generous tips.🗣This empowers creators to work even harder, ensuring the continued delivery of top-notch investment advice. @WISE CRYPTO NEWS