Solanaecosystem
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#SOLWatch $SOL
🌟 Solana Watch: The Future of Blockchain is Here! 🌟
🚀 Why Watch Solana (SOL)?
• Blazing Speed: Solana processes 65,000 transactions per second, making it one of the fastest blockchains out there.
• Low Fees: Say goodbye to high gas fees. Solana offers cost-effective transactions.
• Growing Ecosystem: From DeFi to NFTs, Solana is powering thousands of innovative projects.
• Scalability: Built to handle global adoption, Solana ensures smooth operations even during peak usage.
💡 Pro Tip: Keep an eye on SOL as it consistently ranks among the top-performing altcoins in the market!
📊 Whether you’re a trader, investor, or crypto enthusiast, Solana’s progress is worth watching closely.
#solanabot #SOLWatch #Solanaecosystem #BlockchainFuture"
🌟 Solana Watch: The Future of Blockchain is Here! 🌟
🚀 Why Watch Solana (SOL)?
• Blazing Speed: Solana processes 65,000 transactions per second, making it one of the fastest blockchains out there.
• Low Fees: Say goodbye to high gas fees. Solana offers cost-effective transactions.
• Growing Ecosystem: From DeFi to NFTs, Solana is powering thousands of innovative projects.
• Scalability: Built to handle global adoption, Solana ensures smooth operations even during peak usage.
💡 Pro Tip: Keep an eye on SOL as it consistently ranks among the top-performing altcoins in the market!
📊 Whether you’re a trader, investor, or crypto enthusiast, Solana’s progress is worth watching closely.
#solanabot #SOLWatch #Solanaecosystem #BlockchainFuture"
$SOL
Ascending Triangle pattern in BTC pair 1W chart
also in usdt pair bullish pennant breakout done I hope this time will make ATH
but my target is 1600$
I know you will think I am crazy but according to my chart I will keep this target.
you can see screenshot usdt pair projection is target is 1400$ to 1600$
#AltSeasonOnTheWay
#Solanaecosystem
#SolanaMemeCoin
#solusdt
#solbtcpair
Ascending Triangle pattern in BTC pair 1W chart
also in usdt pair bullish pennant breakout done I hope this time will make ATH
but my target is 1600$
I know you will think I am crazy but according to my chart I will keep this target.
you can see screenshot usdt pair projection is target is 1400$ to 1600$
#AltSeasonOnTheWay
#Solanaecosystem
#SolanaMemeCoin
#solusdt
#solbtcpair
I'm bullish too. $SOL is one of those i added at the beginning of my #Zerotoherochallenge and was my first reward here on Binance. It was a Gift in the learn to earn section and it rises a lot and in a solid way.
#Solanaecosystem #SOL🔥🔥🔥🔥
#Solanaecosystem #SOL🔥🔥🔥🔥
LIVE
Cointelegraph
--
Solana Struggles to Recapture $200, but DApp and Derivatives Markets Remain Bullish
Solana’s native token SOL (SOL) experienced a 12.8% increase from March 24 to March 26, only to face a downward correction to $186 afterward. Despite this, investors remain hopeful, citing the surge in activities such as memecoins and airdrops on the Solana network as key factors that could maintain SOL’s positive trajectory and potentially elevate its price above $200.
SOL price succumbed to Bitcoin’s correction and a stricter regulatory environment
In a broader context, the cryptocurrency market faces potential vulnerabilities, particularly after Bitcoin (BTC) failed to hold above the $71,000 mark on March 26. This failure is seen as an indicator of dwindling investor confidence, especially concerning the outflows from spot Bitcoin exchange-traded funds (ETFs). Should institutional investors further reduce their stakes in listed crypto assets, the outlook for SOL and other alternative coins could darken.
Further pressure on SOL’s valuation could stem from recent legal actions by the U.S. Justice Department, which has brought criminal charges against KuCoin exchange and two of its founders. The U.S. Commodity Futures Trading Commission has accused KuCoin of offering unregulated and unlicensed derivatives contracts to U.S. clientele. Prosecutors maintain that the exchange facilitated transactions involving over $5 billion in “suspicious and criminal proceeds.”
Overlooking the short-term implications of Bitcoin's spot ETF flows and regulatory uncertainties, the price of SOL tends to respond favorably to growth within the Solana ecosystem. The successful performance of Solana SPL tokens, highlighted by the popularity of memecoins, has bolstered the blockchain's attractiveness to new projects, thereby sustaining demand for the SOL token.
A 30-day analysis of the Solana network reveals significant increases in user activity and volume, presenting a challenge to a bearish stance on SOL. Solana has notably narrowed the gap with its direct competitor, the BNB Chain (BNB), according to available data.
Top blockchains ranked by 30-day DApp volumes. Source: DappRadar
This data highlights that Solana's decentralized application (DApp) volumes saw a 334% increase in the 30 days leading up to March 26. In comparison, its competitors, BNB Chain and Arbitrum recorded growth rates of 146% and 82%, respectively. Moreover, the Solana network's active addresses surged by 43% to 2.66 million over the same period, outperforming the growth rates of BNB Chain’s 15% and Arbitrum’s 30%.
Derivatives markets reflect inflows to cryptocurrencies and bullish leverage demand for SOL
Forecasting the flows of spot Bitcoin ETFs and the market's response to a stricter regulatory landscape is impossible, so investors should focus on derivatives trading metrics to gauge market sentiment. Specifically, the behavior of perpetual contracts, often called inverse swaps, offers insights. These contracts include an embedded rate to balance leverage. Notably, a negative rate signals stronger demand from short sellers.
SOL perpetual futures 8-hour funding rate. Source: Coinglass
Recent observations highlight a strong leverage demand for bullish positions on SOL, seemingly undeterred by the token’s inability to surpass the $195 mark on March 26.
To further validate whether the inclination toward leveraged long positions mirrors the broader market sentiment, examining the demand for stablecoins in China can be enlightening. This is because such demand serves as an indicator of retail investors’ movements within or outside the cryptocurrency markets. The premium on USD Coin (USDC) transactions, when compared to the official U.S. dollar rate, is particularly telling.
USC Coin (USDC) peer-to-peer trades vs. USD/CNY. Source: OKX
On March 26, the USDC premium in China maintained a level above 3%, indicating a strong demand for converting the local CNY into the USDC stablecoin. This trend suggests sustained interest in cryptocurrencies within China, thereby supporting the optimistic outlook in SOL’s derivatives markets. Although it remains uncertain when SOL will breach the $200 threshold, the current on-chain and derivatives metrics suggest a healthy market environment.
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.
SOL price succumbed to Bitcoin’s correction and a stricter regulatory environment
In a broader context, the cryptocurrency market faces potential vulnerabilities, particularly after Bitcoin (BTC) failed to hold above the $71,000 mark on March 26. This failure is seen as an indicator of dwindling investor confidence, especially concerning the outflows from spot Bitcoin exchange-traded funds (ETFs). Should institutional investors further reduce their stakes in listed crypto assets, the outlook for SOL and other alternative coins could darken.
Further pressure on SOL’s valuation could stem from recent legal actions by the U.S. Justice Department, which has brought criminal charges against KuCoin exchange and two of its founders. The U.S. Commodity Futures Trading Commission has accused KuCoin of offering unregulated and unlicensed derivatives contracts to U.S. clientele. Prosecutors maintain that the exchange facilitated transactions involving over $5 billion in “suspicious and criminal proceeds.”
Overlooking the short-term implications of Bitcoin's spot ETF flows and regulatory uncertainties, the price of SOL tends to respond favorably to growth within the Solana ecosystem. The successful performance of Solana SPL tokens, highlighted by the popularity of memecoins, has bolstered the blockchain's attractiveness to new projects, thereby sustaining demand for the SOL token.
A 30-day analysis of the Solana network reveals significant increases in user activity and volume, presenting a challenge to a bearish stance on SOL. Solana has notably narrowed the gap with its direct competitor, the BNB Chain (BNB), according to available data.
Top blockchains ranked by 30-day DApp volumes. Source: DappRadar
This data highlights that Solana's decentralized application (DApp) volumes saw a 334% increase in the 30 days leading up to March 26. In comparison, its competitors, BNB Chain and Arbitrum recorded growth rates of 146% and 82%, respectively. Moreover, the Solana network's active addresses surged by 43% to 2.66 million over the same period, outperforming the growth rates of BNB Chain’s 15% and Arbitrum’s 30%.
Derivatives markets reflect inflows to cryptocurrencies and bullish leverage demand for SOL
Forecasting the flows of spot Bitcoin ETFs and the market's response to a stricter regulatory landscape is impossible, so investors should focus on derivatives trading metrics to gauge market sentiment. Specifically, the behavior of perpetual contracts, often called inverse swaps, offers insights. These contracts include an embedded rate to balance leverage. Notably, a negative rate signals stronger demand from short sellers.
SOL perpetual futures 8-hour funding rate. Source: Coinglass
Recent observations highlight a strong leverage demand for bullish positions on SOL, seemingly undeterred by the token’s inability to surpass the $195 mark on March 26.
To further validate whether the inclination toward leveraged long positions mirrors the broader market sentiment, examining the demand for stablecoins in China can be enlightening. This is because such demand serves as an indicator of retail investors’ movements within or outside the cryptocurrency markets. The premium on USD Coin (USDC) transactions, when compared to the official U.S. dollar rate, is particularly telling.
USC Coin (USDC) peer-to-peer trades vs. USD/CNY. Source: OKX
On March 26, the USDC premium in China maintained a level above 3%, indicating a strong demand for converting the local CNY into the USDC stablecoin. This trend suggests sustained interest in cryptocurrencies within China, thereby supporting the optimistic outlook in SOL’s derivatives markets. Although it remains uncertain when SOL will breach the $200 threshold, the current on-chain and derivatives metrics suggest a healthy market environment.
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.
$Vision is forming a breakout with a 50-60% run coming on the daily TF
•It is forming the biggest bull flag on the 1-week TF indicating that it will likely see a 2-3X programmed.
•Mcap $2.4M and 24/ Vol $159k
Gaming + P2E + Nft + Solana Ecosystem
•It is a solid gaming project with only a +2M market cap which makes it a good hold for the mid-term.
*Vsisiongame Ecosystem*
-game development tools
-launchpad
-games
-news outlets
-metaveese
*•Vision launchpad*
-future of Cross funding)
*•VisionArcade* (a healthy revolution
-Visionarcade to mobile coming soon
*•Vision. Move*
-Renowned fitness brand expanding beyound gaming
-A Multiplayer Mobe2earn game featuting Nft coming soon
*•GameFi Bits*
-The #1 source of gamefi news coming soon
-Gamefi bits will provide similar approach to IGU &gamespot with article and interview video's on wen3 and gamifi entertainment.
*•The Ultimate SDK tools*
-Development tools compromised easy to use solution for solan and BSC game development.
•Nft integration
•Cross chain compatibility
•Trading Card games
•Play to earn mission
•Security and audit
•Healthy social traffic volume
•Featured in Forebes
•Total Fund raised $4.49M
•Good tokenomic design by team
•Visiongames investors & Backers
X1 digital
HTX venture
Ex-network capitals
Dutch Crypto investors
Oracles investment group
#vision #Megadrop #Solanaecosystem
•It is forming the biggest bull flag on the 1-week TF indicating that it will likely see a 2-3X programmed.
•Mcap $2.4M and 24/ Vol $159k
Gaming + P2E + Nft + Solana Ecosystem
•It is a solid gaming project with only a +2M market cap which makes it a good hold for the mid-term.
*Vsisiongame Ecosystem*
-game development tools
-launchpad
-games
-news outlets
-metaveese
*•Vision launchpad*
-future of Cross funding)
*•VisionArcade* (a healthy revolution
-Visionarcade to mobile coming soon
*•Vision. Move*
-Renowned fitness brand expanding beyound gaming
-A Multiplayer Mobe2earn game featuting Nft coming soon
*•GameFi Bits*
-The #1 source of gamefi news coming soon
-Gamefi bits will provide similar approach to IGU &gamespot with article and interview video's on wen3 and gamifi entertainment.
*•The Ultimate SDK tools*
-Development tools compromised easy to use solution for solan and BSC game development.
•Nft integration
•Cross chain compatibility
•Trading Card games
•Play to earn mission
•Security and audit
•Healthy social traffic volume
•Featured in Forebes
•Total Fund raised $4.49M
•Good tokenomic design by team
•Visiongames investors & Backers
X1 digital
HTX venture
Ex-network capitals
Dutch Crypto investors
Oracles investment group
#vision #Megadrop #Solanaecosystem
$W forming potential Adam & Eve bottom with an upside target of $1 (58% profit potential from current level) when resistance ($0.776) is taken out successfully. #wormhole #Solanaecosystem
SoL is raising up..
#Solanaecosystem is now one the best ecosystem for new crypto projects..
#Solana_Blockchain
#solonapumping
#Solanaecosystem is now one the best ecosystem for new crypto projects..
#Solana_Blockchain
#solonapumping
#Write2earn #Jupiter #DEX Integrates Clone Protocol: Simplifying Non-Native Asset Trading on Solana #Solanaecosystem #solana
$JUP
Using the Clone Protocol, traders now have the ability to exchange non-native assets on Solana without resorting to bridges.
Jupiter, Solana's leading decentralized exchange (DEX) aggregator by 24-hour trading volume, announced today its integration of the Clone Protocol, facilitating the trading of non-native Solana tokens.
Now, users can easily trade assets like Dogecoin, Arbitrum, Optimism, SUI, or BNB without the need for bridging, with additional assets slated for inclusion in the near future. A post by the Clone Protocol suggests that soon, the entirety of the crypto market will be accessible on Solana.
This integration eliminates the necessity for bridging services, as users can directly utilize the Clone Protocol, which employs clAssets as wrapped versions of tokens from other chains, designed to mirror the price movements of their original counterparts.
Following today's integration, Jupiter's native JUP token experienced a 5% surge to $1.12, with a market capitalization just over $1.5 billion. Despite this increase, it remains 44% below its peak of $2 on January 31st.
The integration aims to bolster the Jupiter exchange's reach, already demonstrating significant success within the Solana network. According to DefiLlama, Jupiter leads DEX aggregators with a 24-hour trading volume of $800 million, followed by DODO with $152 million and 1inch with $139 million.
Jupiter's website highlights substantial trading volumes, with over $174 billion traded to date. While impressive, this activity has seen a decline since its peak in February, with April recording only $5 billion in trades compared to February's $47 billion and March's $35 billion.
Although Clone Protocol currently exhibits modest metrics according to DefiLlama, with a total value locked (TVL) of approximately $670,000, its integration into the Jupiter ecosystem is poised to drive significant growth.
$JUP
Using the Clone Protocol, traders now have the ability to exchange non-native assets on Solana without resorting to bridges.
Jupiter, Solana's leading decentralized exchange (DEX) aggregator by 24-hour trading volume, announced today its integration of the Clone Protocol, facilitating the trading of non-native Solana tokens.
Now, users can easily trade assets like Dogecoin, Arbitrum, Optimism, SUI, or BNB without the need for bridging, with additional assets slated for inclusion in the near future. A post by the Clone Protocol suggests that soon, the entirety of the crypto market will be accessible on Solana.
This integration eliminates the necessity for bridging services, as users can directly utilize the Clone Protocol, which employs clAssets as wrapped versions of tokens from other chains, designed to mirror the price movements of their original counterparts.
Following today's integration, Jupiter's native JUP token experienced a 5% surge to $1.12, with a market capitalization just over $1.5 billion. Despite this increase, it remains 44% below its peak of $2 on January 31st.
The integration aims to bolster the Jupiter exchange's reach, already demonstrating significant success within the Solana network. According to DefiLlama, Jupiter leads DEX aggregators with a 24-hour trading volume of $800 million, followed by DODO with $152 million and 1inch with $139 million.
Jupiter's website highlights substantial trading volumes, with over $174 billion traded to date. While impressive, this activity has seen a decline since its peak in February, with April recording only $5 billion in trades compared to February's $47 billion and March's $35 billion.
Although Clone Protocol currently exhibits modest metrics according to DefiLlama, with a total value locked (TVL) of approximately $670,000, its integration into the Jupiter ecosystem is poised to drive significant growth.
#write2earn #Solana Hits 22-Month High: Riding the Crypto Wave #Solanaecosystem #memecoin #bonk
$SOL $BONK $WIF $ETH
This week, Solana hit a 22-month peak at $136, riding high on Bitcoin's surge to $64,000, which injected fresh energy into the entire crypto market. With an impressive 11% leap in the last 24 hours alone, Solana now stands at its loftiest point since April 2022, marking a remarkable 33% spike just within the past week.
While Bitcoin continues to hold its sway as the leading crypto, it's experienced a slight dip in the past day, though it's still up by a solid 19% over the week. Ethereum, on the other hand, is hovering around $3,450 after enjoying a 16% gain for the week.
Dogecoin emerges as the star among the top 10 cryptocurrencies by market capitalization, soaring by a whopping 53% to nearly $0.13 this week. The meme coin fever extends into the Solana ecosystem as well, with Solana-powered meme coin Bonk (BONK) more than doubling in value over the past week, hitting $0.000025. Another dog-themed memecoin, Dogwifhat (WIF), also saw significant traction, skyrocketing by 198% this week to reach $0.9.
While Bitcoin's movements continue to cast a shadow over the market, Solana itself has been on a remarkable growth trajectory, sparking renewed optimism in recent months. After dipping to nearly $8 in December 2022 following the FTX collapse, Solana has staged a remarkable comeback, boasting over 500% growth in the past year alone.
$SOL $BONK $WIF $ETH
This week, Solana hit a 22-month peak at $136, riding high on Bitcoin's surge to $64,000, which injected fresh energy into the entire crypto market. With an impressive 11% leap in the last 24 hours alone, Solana now stands at its loftiest point since April 2022, marking a remarkable 33% spike just within the past week.
While Bitcoin continues to hold its sway as the leading crypto, it's experienced a slight dip in the past day, though it's still up by a solid 19% over the week. Ethereum, on the other hand, is hovering around $3,450 after enjoying a 16% gain for the week.
Dogecoin emerges as the star among the top 10 cryptocurrencies by market capitalization, soaring by a whopping 53% to nearly $0.13 this week. The meme coin fever extends into the Solana ecosystem as well, with Solana-powered meme coin Bonk (BONK) more than doubling in value over the past week, hitting $0.000025. Another dog-themed memecoin, Dogwifhat (WIF), also saw significant traction, skyrocketing by 198% this week to reach $0.9.
While Bitcoin's movements continue to cast a shadow over the market, Solana itself has been on a remarkable growth trajectory, sparking renewed optimism in recent months. After dipping to nearly $8 in December 2022 following the FTX collapse, Solana has staged a remarkable comeback, boasting over 500% growth in the past year alone.
$BOME will be Start reversal from 0.0082$ to 0.0080
,
Then will be hitting 0.0092 + 0.011$
,
#BOME is very strong project in #memecoin also in link with #Solanaecosystem
,
Then will be hitting 0.0092 + 0.011$
,
#BOME is very strong project in #memecoin also in link with #Solanaecosystem
"🔥 Solana Surge 🔥#SOL (#Solana) is making headlines again! Known for its ultra-fast transaction speeds and low fees, Solana is becoming the go-to blockchain for developers and DeFi projects. With recent network upgrades and increasing adoption, $SOL is solidifying its position as a major player in the crypto space.The growing ecosystem of DApps, NFTs, and gaming projects on Solana is attracting both developers and investors. As the network continues to scale, many believe that Solana could be a strong contender against other major blockchains.Keep an eye on $SOL as it continues to innovate and expand. The future looks bright for this high-performance blockchain! 🚀
#Solanaecosystem #DeFi" #TelegramCEO
#CryptoMarketMoves #BinanceBlockchainWeek
#Solanaecosystem #DeFi" #TelegramCEO
#CryptoMarketMoves #BinanceBlockchainWeek
🌟 Solana's Spectacular Surge: The Dawn of a New Era in Blockchain 🚀
In an unprecedented rally, Solana (SOL) has not only surged 16% overnight but also reached a thrilling 22-month high, soaring above $131 $SOL . This remarkable achievement signals a pivotal moment for Solana and the broader blockchain community, underpinned by significant ecosystem developments and a surge in investor confidence.
In our latest Binance Square article, "The Crypto Sage" delves into the myriad factors propelling Solana's ascent, from its explosive DEX volumes and NFT sales to the burgeoning institutional interest that's setting the stage for a transformative year ahead.
💡 What You'll Uncover:
The key drivers behind Solana's recent price surge and ecosystem expansion.Insightful analysis on how Solana is reshaping the blockchain landscape.A forward-looking price prediction for SOL in 2024, amidst its meteoric rise.
Whether you're a seasoned investor or new to the crypto world, this article offers a comprehensive exploration of Solana's journey and its implications for the future of decentralized technology.
🌐 Dive into the full analysis here.
Note: This content is for informational purposes only and should not be considered financial advice. Join us in exploring the cutting-edge developments propelling Solana to new heights.
#SOL #Solana #TrendingTopic #Write2Earn #Solanaecosystem
In an unprecedented rally, Solana (SOL) has not only surged 16% overnight but also reached a thrilling 22-month high, soaring above $131 $SOL . This remarkable achievement signals a pivotal moment for Solana and the broader blockchain community, underpinned by significant ecosystem developments and a surge in investor confidence.
In our latest Binance Square article, "The Crypto Sage" delves into the myriad factors propelling Solana's ascent, from its explosive DEX volumes and NFT sales to the burgeoning institutional interest that's setting the stage for a transformative year ahead.
💡 What You'll Uncover:
The key drivers behind Solana's recent price surge and ecosystem expansion.Insightful analysis on how Solana is reshaping the blockchain landscape.A forward-looking price prediction for SOL in 2024, amidst its meteoric rise.
Whether you're a seasoned investor or new to the crypto world, this article offers a comprehensive exploration of Solana's journey and its implications for the future of decentralized technology.
🌐 Dive into the full analysis here.
Note: This content is for informational purposes only and should not be considered financial advice. Join us in exploring the cutting-edge developments propelling Solana to new heights.
#SOL #Solana #TrendingTopic #Write2Earn #Solanaecosystem
Solana's Spark: Is Jito (JTO) Ready to Ignite?
Jito (JTO) , Currently trading around $3.54, Jito has experienced some recent fluctuations, with a slight dip in the last hour but a positive overall trend. Compared to a week ago, its value has jumped over 11%, indicating a bullish short-term outlook.
Jito's activity is evident in the high trading volume of $233 million reported in the last 24 hours. While its market cap of $2.476 trillion represents a 0.6% share of the total crypto market, Jito currently holds the #173 spot. However, with a trading volume of nearly $179 million and a price increase of 8.5% in the same timeframe, Jito is attracting significant investor interest.
The total supply of JTO tokens is 1 billion, with over 121 million currently circulating. Jito's price history reveals a dynamic past, with its all-time high of $6.01 reached in December 2023. Notably, Jito has outperformed the broader market over the past month, experiencing a smaller decline
Recent analyses and forecasts paint a promising picture for Jito. Experts believe a breakout from a technical pattern suggests a potential bullish wave, with some even predicting a price target of $5-6 in the near future. $JTO #Solanaecosystem #JITO
Jito's activity is evident in the high trading volume of $233 million reported in the last 24 hours. While its market cap of $2.476 trillion represents a 0.6% share of the total crypto market, Jito currently holds the #173 spot. However, with a trading volume of nearly $179 million and a price increase of 8.5% in the same timeframe, Jito is attracting significant investor interest.
The total supply of JTO tokens is 1 billion, with over 121 million currently circulating. Jito's price history reveals a dynamic past, with its all-time high of $6.01 reached in December 2023. Notably, Jito has outperformed the broader market over the past month, experiencing a smaller decline
Recent analyses and forecasts paint a promising picture for Jito. Experts believe a breakout from a technical pattern suggests a potential bullish wave, with some even predicting a price target of $5-6 in the near future. $JTO #Solanaecosystem #JITO
📊 Almost 5,000 tokens launched today alone on $SOL
Watch out for #RugPulls and other scams 👀
#Solana #Solanaecosystem
Watch out for #RugPulls and other scams 👀
#Solana #Solanaecosystem
🚀 Altcoins to Watch When Bitcoin Hits $70,000: Expert Insights 🤑
As Bitcoin eyes its next target of $70,000, analysts predict a surge in altcoin prices. On Crypto Banter's Dylan's Trading Show, the analyst shared his top picks for altcoins that will pump when Bitcoin reaches this milestone.
✴️ Solana Ecosystem:
Jupiter ($JUP ): Strong performance, recent bullish trend, and potential target of $1.17
$JTO : Recent relaunch, re-staking mechanism, and bullish outlook if it breaks the 200-day moving average
$WIF : Solana meme coin with bullish potential, support at $2.25, and potential scalp zones at $2.44 and $2.52
✴️ Other Altcoins:
AAVE: Recent bullish news, changes in staking mechanism, and upside targets of $105 and $111
Injective Protocol (INJ): Potential for growth if BTC pushes towards $70,000, watch for bullish pullbacks
The analyst emphasizes the importance of key support levels, trend breaks, and bullish pullbacks to capitalize on the potential gains. As Bitcoin approaches $70,000, these altcoins are poised for a significant pump.
#KaleemsCryptoMehfilKCM #SolanaUSTD #Solanaecosystem #Altcoinseason2024 #Altcoins👀🚀
As Bitcoin eyes its next target of $70,000, analysts predict a surge in altcoin prices. On Crypto Banter's Dylan's Trading Show, the analyst shared his top picks for altcoins that will pump when Bitcoin reaches this milestone.
✴️ Solana Ecosystem:
Jupiter ($JUP ): Strong performance, recent bullish trend, and potential target of $1.17
$JTO : Recent relaunch, re-staking mechanism, and bullish outlook if it breaks the 200-day moving average
$WIF : Solana meme coin with bullish potential, support at $2.25, and potential scalp zones at $2.44 and $2.52
✴️ Other Altcoins:
AAVE: Recent bullish news, changes in staking mechanism, and upside targets of $105 and $111
Injective Protocol (INJ): Potential for growth if BTC pushes towards $70,000, watch for bullish pullbacks
The analyst emphasizes the importance of key support levels, trend breaks, and bullish pullbacks to capitalize on the potential gains. As Bitcoin approaches $70,000, these altcoins are poised for a significant pump.
#KaleemsCryptoMehfilKCM #SolanaUSTD #Solanaecosystem #Altcoinseason2024 #Altcoins👀🚀
Project ORE Returns with V2 After Causing Solana Outage
ORE is an experimental project deployed on the Solana blockchain utilizing a Proof of Work (PoW) algorithm. This algorithm allows miners to secure the network and earn cryptocurrency rewards by solving cryptographic problems. Unlike traditional mining projects, ORE employs a non-exclusive mining reward mechanism, ensuring fair distribution of rewards among miners. Each miner is provided with personalized computational challenges, and upon completion, receives corresponding rewards.The project launched in early April and quickly garnered widespread attention and participation within the Solana community. Additionally, ORE won the overall championship and 50,000 USDC in rewards at the 9th Solana Foundation Hackathon, Solana Renaissance competition. With a surge in ORE mining participants, transactions on the Solana network sharply increased, exacerbating network congestion issues. Concurrently, Solana faced additional congestion from bots and newly released meme coins increasing transactions.Against this backdrop, ORE founder @HardhatChad decided to suspend all mining activities of the ORE project and commence upgrades to its V2 version. The V2 version primarily addresses the following issues:1.Compression of inefficiencies in the code that gave certain miners asymmetric advantages.2.Currently, there are no structural incentives for token holders. Miners holding Ore should gain an advantage during mining.3.Difficulty adjustments should be algorithmic or elective. This will reduce the bias compared to voting.On June 26, Hardhat Chad announced the introduction of a supply cap for ORE in the V2 contract, following extensive community feedback. This limitation introduces a fixed level of scarcity for ORE and provides stronger inflation protection for token holders.On August 6, ORE officially announced the resumption of mining activities. According to Rootdata's hot projects board, ORE currently ranks first in popularity.
Participation in Mining
There are two ways to mine ORE:
Browser Mining: By visiting the ORE official website, creating an account, depositing a small amount of SOL (for fees), and clicking the Mine button.
Script Command Mining: Before starting mining, multiple environments need to be installed. After installation, mining can be initiated through commands. Similarly, creating a wallet and depositing a small amount of SOL for fees is required. There are native terminals for Mac and Linux.
For detailed operational guidance, refer to user @Btc_Crush.
Currently, ORE mining difficulty is relatively high. High fees and low difficulty can both lead to losses. It is advisable for machines below M3 configuration to participate cautiously. As ORE continues to produce, its price has dropped by 63.31% within 24 hours.
#Solanaecosystem #ORE #proof-of-work
Participation in Mining
There are two ways to mine ORE:
Browser Mining: By visiting the ORE official website, creating an account, depositing a small amount of SOL (for fees), and clicking the Mine button.
Script Command Mining: Before starting mining, multiple environments need to be installed. After installation, mining can be initiated through commands. Similarly, creating a wallet and depositing a small amount of SOL for fees is required. There are native terminals for Mac and Linux.
For detailed operational guidance, refer to user @Btc_Crush.
Currently, ORE mining difficulty is relatively high. High fees and low difficulty can both lead to losses. It is advisable for machines below M3 configuration to participate cautiously. As ORE continues to produce, its price has dropped by 63.31% within 24 hours.
#Solanaecosystem #ORE #proof-of-work
Clean breakout on $TNSR with an upside target of ~$1.70.
Good risk/reward trade to bid support if the price retests $1.23 level. #Tensor #Solanaecosystem
Good risk/reward trade to bid support if the price retests $1.23 level. #Tensor #Solanaecosystem
$JUP forming a descending narrowing wedge. A breakout here would be delightful for the bulls. #altcoin #solana #jupiter
🚀 Invest Smart with BNSOL: The Future of Staking 🔥
BNSOL, or Binance Staked SOL, is making waves in the crypto ecosystem, blending Solana’s high-performance blockchain with the advantages of staking on Binance. As an emerging asset, it has already captured the interest of key players in the investment space.
Why Invest in BNSOL?
1. Ecosystem & Blockchain Synergy:
Built on Solana’s lightning-fast blockchain, BNSOL leverages its speed and scalability. Transactions on Solana are not only quick but cost-efficient, offering a seamless user experience. Staking through Binance adds liquidity to your staked tokens, allowing you to trade staked assets like BNSOL without waiting for an unbonding period.
2. Big Players on Board:
BNSOL benefits from Binance’s robust ecosystem and liquidity network. When big exchanges back an asset, it typically attracts institutional investors, boosting market confidence. Solana's consistent appeal among venture capitalists also feeds into this trust factor.
3. Staking Rewards & Flexibility:
Staking SOL through Binance and earning BNSOL opens a passive income stream for investors. On top of potential price appreciation, stakers benefit from rewards while keeping their assets tradable—a win-win!
Risk Factors to Watch Out FoBNB
Market Volatility: Like all crypto assets, BNSOL is subject to rapid price fluctuations. Its recent all-time low of $127.75 (Sept 18, 2024) highlights that the market can turn fast.
Centralized Risks: As BNSOL operates within Binance's infrastructure, regulatory crackdowns or exchange issues could impact token performance and accessibility.
Final Thoughts
BNSOL brings a fresh spin to staking, providing liquidity to stakers while harnessing Solana’s top-tier blockchain performance.
#cryptostaking #BANSOL #Solanaecosystem #MemeCoinTrending
Why Invest in BNSOL?
1. Ecosystem & Blockchain Synergy:
Built on Solana’s lightning-fast blockchain, BNSOL leverages its speed and scalability. Transactions on Solana are not only quick but cost-efficient, offering a seamless user experience. Staking through Binance adds liquidity to your staked tokens, allowing you to trade staked assets like BNSOL without waiting for an unbonding period.
2. Big Players on Board:
BNSOL benefits from Binance’s robust ecosystem and liquidity network. When big exchanges back an asset, it typically attracts institutional investors, boosting market confidence. Solana's consistent appeal among venture capitalists also feeds into this trust factor.
3. Staking Rewards & Flexibility:
Staking SOL through Binance and earning BNSOL opens a passive income stream for investors. On top of potential price appreciation, stakers benefit from rewards while keeping their assets tradable—a win-win!
Risk Factors to Watch Out FoBNB
Market Volatility: Like all crypto assets, BNSOL is subject to rapid price fluctuations. Its recent all-time low of $127.75 (Sept 18, 2024) highlights that the market can turn fast.
Centralized Risks: As BNSOL operates within Binance's infrastructure, regulatory crackdowns or exchange issues could impact token performance and accessibility.
Final Thoughts
BNSOL brings a fresh spin to staking, providing liquidity to stakers while harnessing Solana’s top-tier blockchain performance.
#cryptostaking #BANSOL #Solanaecosystem #MemeCoinTrending
$JUP tested descending narrowing wedge and looking for a bounce! @Jupiter 🪐 #altcoins #Solanaecosystem
Well so close to Support, Already tested 4 times .
keep an Eye on 3.5 levels, if its breakdown, Good to Short .
#Spartantrades #ionet #iousdt #Solanaecosystem
keep an Eye on 3.5 levels, if its breakdown, Good to Short .
#Spartantrades #ionet #iousdt #Solanaecosystem