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2. Support Levels: If SEI holds above its key support levels, it could signal investor confidence.
Volume and Liquidity: Increasing trading volume could indicate growing interest and adoption.
Key Events and Developments to Watch:
Partnership Announcements:
Any new partnerships with major trading platforms or DeFi projects could drive significant interest in the Sei Network.
Ecosystem Updates:
The launch of new dApps, DeFi protocols, or NFT platforms on Sei could increase network activity.
Crypto Macro Trends:
Broader trends in DeFi, such as increased on-chain trading or adoption of Cosmos-based projects, could benefit Sei.
SEI Short-Term Price Outlook:
Bullish Scenario: If Sei can capitalize on its unique features and attract ecosystem growth, the token could see moderate gains, especially if market sentiment improves.
Bearish Scenario: Lack of ecosystem expansion or a broader market sell-off could lead to price stagnation or declines.
Conclusion:
The coming weeks for Sei Network will likely depend on ecosystem growth, partnership announcements, and overall market sentiment. Its unique position as a blockchain optimized for trading gives it an edge, but it needs to maintain momentum and adoption to solidify its position in the competitive blockchain space. Monitoring key developments and the broader market will provide clearer signals for Sei’s near-term performance.
Volume and Liquidity: Increasing trading volume could indicate growing interest and adoption.
Key Events and Developments to Watch:
Partnership Announcements:
Any new partnerships with major trading platforms or DeFi projects could drive significant interest in the Sei Network.
Ecosystem Updates:
The launch of new dApps, DeFi protocols, or NFT platforms on Sei could increase network activity.
Crypto Macro Trends:
Broader trends in DeFi, such as increased on-chain trading or adoption of Cosmos-based projects, could benefit Sei.
SEI Short-Term Price Outlook:
Bullish Scenario: If Sei can capitalize on its unique features and attract ecosystem growth, the token could see moderate gains, especially if market sentiment improves.
Bearish Scenario: Lack of ecosystem expansion or a broader market sell-off could lead to price stagnation or declines.
Conclusion:
The coming weeks for Sei Network will likely depend on ecosystem growth, partnership announcements, and overall market sentiment. Its unique position as a blockchain optimized for trading gives it an edge, but it needs to maintain momentum and adoption to solidify its position in the competitive blockchain space. Monitoring key developments and the broader market will provide clearer signals for Sei’s near-term performance.
See original
1. Positive Factors Supporting Sei Network Growth:
Continued Ecosystem Expansion:
Sei Network is building its reputation as a Layer 1 blockchain specialized in trading and DeFi. If new decentralized applications (dApps), decentralized exchanges (DEXs), or partnerships are announced, it could increase adoption and trading activity on Sei.
Cosmos Ecosystem Integration:
As part of the Cosmos ecosystem, Sei benefits from interoperability through the Inter-Blockchain Communication (IBC) protocol. Growth in the Cosmos ecosystem or increased use of IBC could have a positive impact on Sei’s network activity.
Growing Interest in DeFi and Trading:
Sei’s unique position as a trading-focused blockchain could attract more users and developers amidst the growing interest in decentralized finance (DeFi). Its built-in order matching engine and low-latency transactions could attract platforms looking for efficient solutions.
Crypto Market Sentiment:
An overall bullish crypto market could drive speculative interest in smaller, more innovative projects like Sei. If Bitcoin stabilizes or Ethereum strengthens, funds could shift to altcoins like SEI.
Potential Risks and Challenges:
Layer 1 and Layer 2 Blockchain Competition:
Sei Network faces stiff competition from other blockchains like Solana, Ethereum (with its Layer 2 solution), and Avalanche, which also target high-performance applications.
Market Volatility:
The cryptocurrency market is highly volatile, and a broader market downturn could negatively impact the price and adoption of the Sei token.
Limited Awareness and Adoption:
As a relatively new project, Sei still needs to build its visibility and user base. Slower-than-expected growth could delay positive momentum.
Technical Analysis (Token Performance):
If Sei’s native token (SEI) continues to show resilience, its price could be influenced by:
Continued Ecosystem Expansion:
Sei Network is building its reputation as a Layer 1 blockchain specialized in trading and DeFi. If new decentralized applications (dApps), decentralized exchanges (DEXs), or partnerships are announced, it could increase adoption and trading activity on Sei.
Cosmos Ecosystem Integration:
As part of the Cosmos ecosystem, Sei benefits from interoperability through the Inter-Blockchain Communication (IBC) protocol. Growth in the Cosmos ecosystem or increased use of IBC could have a positive impact on Sei’s network activity.
Growing Interest in DeFi and Trading:
Sei’s unique position as a trading-focused blockchain could attract more users and developers amidst the growing interest in decentralized finance (DeFi). Its built-in order matching engine and low-latency transactions could attract platforms looking for efficient solutions.
Crypto Market Sentiment:
An overall bullish crypto market could drive speculative interest in smaller, more innovative projects like Sei. If Bitcoin stabilizes or Ethereum strengthens, funds could shift to altcoins like SEI.
Potential Risks and Challenges:
Layer 1 and Layer 2 Blockchain Competition:
Sei Network faces stiff competition from other blockchains like Solana, Ethereum (with its Layer 2 solution), and Avalanche, which also target high-performance applications.
Market Volatility:
The cryptocurrency market is highly volatile, and a broader market downturn could negatively impact the price and adoption of the Sei token.
Limited Awareness and Adoption:
As a relatively new project, Sei still needs to build its visibility and user base. Slower-than-expected growth could delay positive momentum.
Technical Analysis (Token Performance):
If Sei’s native token (SEI) continues to show resilience, its price could be influenced by:
Alt coin sharp correction, is it good buy or good bye?
Currently, alt coins are experiencing a fairly sharp correction, seeing the current negative trend of various alt coins, causing investors and traders to experience quite significant losses in the crypto market. Judging from the technical sentiment, it can be seen from the total of 3 and others currently doing support and resistance flips in the weekly time frame, plus the trend is still quite positive and is still stuck at the EMA 21 weekly. This might be an opportunity for a buy opportunity considering that at Christmas, various financial markets tend to rally and be positive. Although there is a little negative sentiment from the macro which says that the Fed tends to be a little hawkish next year, the Fed's hawkish nature seems to be temporary and will not be able to stem the inflation rate which will increase next year.
Currently, alt coins are experiencing a fairly sharp correction, seeing the current negative trend of various alt coins, causing investors and traders to experience quite significant losses in the crypto market. Judging from the technical sentiment, it can be seen from the total of 3 and others currently doing support and resistance flips in the weekly time frame, plus the trend is still quite positive and is still stuck at the EMA 21 weekly. This might be an opportunity for a buy opportunity considering that at Christmas, various financial markets tend to rally and be positive. Although there is a little negative sentiment from the macro which says that the Fed tends to be a little hawkish next year, the Fed's hawkish nature seems to be temporary and will not be able to stem the inflation rate which will increase next year.
See original
Alt coin sharp correction, is it good buy or good bye?
Currently, alt coins are experiencing a fairly sharp correction, seeing the current negative trend of various alt coins, causing investors and traders to experience quite significant losses in the crypto market. Judging from the technical sentiment, it can be seen from the total of 3 and others currently doing support and resistance flips in the weekly time frame, plus the trend is still quite positive and is still stuck at the EMA 21 weekly. This might be an opportunity for a buy opportunity considering that at Christmas, various financial markets tend to rally and be positive. Although there is a little negative sentiment from the macro which says that the Fed tends to be a little hawkish next year, the Fed's hawkish nature seems to be temporary and will not be able to stem the inflation rate which will increase next year.
Currently, alt coins are experiencing a fairly sharp correction, seeing the current negative trend of various alt coins, causing investors and traders to experience quite significant losses in the crypto market. Judging from the technical sentiment, it can be seen from the total of 3 and others currently doing support and resistance flips in the weekly time frame, plus the trend is still quite positive and is still stuck at the EMA 21 weekly. This might be an opportunity for a buy opportunity considering that at Christmas, various financial markets tend to rally and be positive. Although there is a little negative sentiment from the macro which says that the Fed tends to be a little hawkish next year, the Fed's hawkish nature seems to be temporary and will not be able to stem the inflation rate which will increase next year.
English Version
is eth still attractive to buy?
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Seeing the advanced upgrade, various eth layer-2 ecosystems will be very interesting to buy such as $STRK, $ALT , $ARB , $MANTA , $OP, and various other layer-2s in the eth network. And various meme coins play eth will also be very interesting to buy such as $PEPE, $MOG, and various other meme coins. Based on the analysis results, eth will be very interesting to buy in the price area of 3000$-3400$.
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Seeing the advanced upgrade, various eth layer-2 ecosystems will be very interesting to buy such as $STRK, $ALT , $ARB , $MANTA , $OP, and various other layer-2s in the eth network. And various meme coins play eth will also be very interesting to buy such as $PEPE, $MOG, and various other meme coins. Based on the analysis results, eth will be very interesting to buy in the price area of 3000$-3400$.
See original
Indonesia Version
is eth still attractive to buy?
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Given the continued upgrade, various eth layer-2 ecosystems will be very attractive to buy such as $STRK , $ALT, $ARB, $MANTA, $OP , and various other layer-2s in the eth network. And various meme coins play eth will also be very attractive to buy such as $PEPE , $MOG, and various other meme coins. Based on the analysis results, eth will be very attractive to buy in the price area of 3000$-3400$.
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Given the continued upgrade, various eth layer-2 ecosystems will be very attractive to buy such as $STRK , $ALT, $ARB, $MANTA, $OP , and various other layer-2s in the eth network. And various meme coins play eth will also be very attractive to buy such as $PEPE , $MOG, and various other meme coins. Based on the analysis results, eth will be very attractive to buy in the price area of 3000$-3400$.
See original
is eth still attractive to buy?
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Given the continued upgrade, various eth layer-2 ecosystems will be very attractive to buy such as $STRK , $ALT, $ARB, $MANTA, $OP , and various other layer-2s in the eth network. And various meme coins play eth will also be very attractive to buy such as $PEPE , $MOG, and various other meme coins. Based on the analysis results, eth will be very attractive to buy in the price area of 3000$-3400$.
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Given the continued upgrade, various eth layer-2 ecosystems will be very attractive to buy such as $STRK , $ALT, $ARB, $MANTA, $OP , and various other layer-2s in the eth network. And various meme coins play eth will also be very attractive to buy such as $PEPE , $MOG, and various other meme coins. Based on the analysis results, eth will be very attractive to buy in the price area of 3000$-3400$.
is eth still attractive to buy?
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Seeing the advanced upgrade, various eth layer-2 ecosystems will be very interesting to buy such as $STRK, $ALT , $ARB , $MANTA , $OP, and various other layer-2s in the eth network. And various meme coins play eth will also be very interesting to buy such as $PEPE, $MOG, and various other meme coins. Based on the analysis results, eth will be very interesting to buy in the price area of 3000$-3400$.
Currently eth is at a price of 3400$. Many think eth tends to be bearish even though it has received etf approval in July 2024. Unlike btc spot etf, eth spot etf is less popular with investors. However, in the last few days the inflow of eth spot etf has started to increase from various institutions. Led by blackrock with its ETHA, blackrock currently holds 3.4 billion dollars of eth based on farside investor data. Various feature additions have also been made by eth to reduce gas fees in its network. Namely eth decun upgrade. The next upgrade for the Ethereum network, namely the Prague/Electra upgrade abbreviated as Pectra, is expected to bring significant scalability improvements to Ethereum by integrating sharding technology and Layer 2 solutions such as rollups. In addition, security and stability will be improved through advanced cryptographic methods and improvements to the Proof of Stake (PoS) protocol. Ethereum's Pectra upgrade is scheduled to launch between late 2024 and Q1 2025. Seeing the advanced upgrade, various eth layer-2 ecosystems will be very interesting to buy such as $STRK, $ALT , $ARB , $MANTA , $OP, and various other layer-2s in the eth network. And various meme coins play eth will also be very interesting to buy such as $PEPE, $MOG, and various other meme coins. Based on the analysis results, eth will be very interesting to buy in the price area of 3000$-3400$.
See original
Indonesia version💜
Is the base layer-2 ecosystem interesting?
Based on on-chain data via token terminal, the growth of the layer-2 network, namely base, has experienced a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. This project was incubated by Coinbase and formed as a safe, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering the increasing number of meme coin projects built on this base network itself, it indicates that there is still high interest from meme coin investors in their speculation with projects without such utilities
$OP $VELODROME
#MarketPullback #USUALTradingOpen #MarketCorrectionBuyOrHODL?
Based on on-chain data via token terminal, the growth of the layer-2 network, namely base, has experienced a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. This project was incubated by Coinbase and formed as a safe, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering the increasing number of meme coin projects built on this base network itself, it indicates that there is still high interest from meme coin investors in their speculation with projects without such utilities
$OP $VELODROME
#MarketPullback #USUALTradingOpen #MarketCorrectionBuyOrHODL?
English version💜
Is the base layer-2 ecosystem interesting?
Based on on-chain data via token terminal, the growth of the base layer-2 network has seen a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. The project was incubated by Coinbase and formed as a secure, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering that there are more meme coin projects being built on this base network itself, this indicates that there is still high interest among meme coin investors in their speculation with projects without such utilities.
$OP $ETH $VELODROME
#layer1layer2 #CoinbaseFeature #BRETT #degentoken #Velodrome
Based on on-chain data via token terminal, the growth of the base layer-2 network has seen a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. The project was incubated by Coinbase and formed as a secure, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering that there are more meme coin projects being built on this base network itself, this indicates that there is still high interest among meme coin investors in their speculation with projects without such utilities.
$OP $ETH $VELODROME
#layer1layer2 #CoinbaseFeature #BRETT #degentoken #Velodrome
See original
Is the base layer-2 ecosystem interesting?
Based on on-chain data via token terminal, the growth of the layer-2 network, namely base, has experienced a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. This project was incubated by Coinbase and formed as a safe, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering the increasing number of meme coin projects built on this base network itself, it indicates that there is still high interest from meme coin investors in their speculation with projects without such utilities
$OP $VELODROME
#MarketPullback #USUALTradingOpen #MarketCorrectionBuyOrHODL?
Based on on-chain data via token terminal, the growth of the layer-2 network, namely base, has experienced a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. This project was incubated by Coinbase and formed as a safe, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering the increasing number of meme coin projects built on this base network itself, it indicates that there is still high interest from meme coin investors in their speculation with projects without such utilities
$OP $VELODROME
#MarketPullback #USUALTradingOpen #MarketCorrectionBuyOrHODL?
Is the base layer-2 ecosystem interesting?
Based on on-chain data via token terminal, the growth of the base layer-2 network has seen a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. The project was incubated by Coinbase and formed as a secure, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering that there are more meme coin projects being built on this base network itself, this indicates that there is still high interest among meme coin investors in their speculation with projects without such utilities.
$OP $ETH $VELODROME
#layer1layer2 #CoinbaseFeature #BRETT #degentoken #Velodrome
Based on on-chain data via token terminal, the growth of the base layer-2 network has seen a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. The project was incubated by Coinbase and formed as a secure, economical and friendly platform for decentralized application (dApps) developers.
This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.
Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering that there are more meme coin projects being built on this base network itself, this indicates that there is still high interest among meme coin investors in their speculation with projects without such utilities.
$OP $ETH $VELODROME
#layer1layer2 #CoinbaseFeature #BRETT #degentoken #Velodrome
See original
Indonesia Version💜
Crypto and Stock Markets Have Declined, Have They Topped?
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the economic slowdown in the US has begun to appear, which should make the Fed in a dilemma with all the existing conditions. Coupled with the Fed having to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which could be inflationary and complicate the central bank's work. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
$BTC
#BinanceAlphaTop5 #MarketPullback #FullMarketBullRun
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the economic slowdown in the US has begun to appear, which should make the Fed in a dilemma with all the existing conditions. Coupled with the Fed having to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which could be inflationary and complicate the central bank's work. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
$BTC
#BinanceAlphaTop5 #MarketPullback #FullMarketBullRun
English Version💜
Crypto and Stock Markets Have Declined, Have They Topped?
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the US economy is starting to show a slowdown, which should make the Fed in a dilemma with all the existing conditions. Plus, the Fed has to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which can be inflationary and complicate the central bank's job. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
#usdoller #USEconomy #btcupdates2024
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the US economy is starting to show a slowdown, which should make the Fed in a dilemma with all the existing conditions. Plus, the Fed has to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which can be inflationary and complicate the central bank's job. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
#usdoller #USEconomy #btcupdates2024
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Crypto and Stock Markets Have Declined, Have They Topped?
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the economic slowdown in the US has begun to appear, which should make the Fed in a dilemma with all the existing conditions. Coupled with the Fed having to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which could be inflationary and complicate the central bank's work. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
$BTC
#BinanceAlphaTop5 #MarketPullback #FullMarketBullRun
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the economic slowdown in the US has begun to appear, which should make the Fed in a dilemma with all the existing conditions. Coupled with the Fed having to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which could be inflationary and complicate the central bank's work. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
$BTC
#BinanceAlphaTop5 #MarketPullback #FullMarketBullRun
Crypto and Stock Markets Have Declined, Have They Topped?
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the US economy is starting to show a slowdown, which should make the Fed in a dilemma with all the existing conditions. Plus, the Fed has to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which can be inflationary and complicate the central bank's job. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
#usdoller #USEconomy #btcupdates2024
In the last 24 hours, US stocks and crypto have seen a significant decline. This is due to the Fed's policy indicating that they will not rush to cut interest rates in the future because inflation is still far from the target of 2%. However, looking at various economic data, it seems that the Fed's decision to continue pursuing this target looks quite difficult. This is because the US economy is starting to show a slowdown, which should make the Fed in a dilemma with all the existing conditions. Plus, the Fed has to deal with the impact of fiscal policy under President-elect Donald Trump, who has indicated plans for tariffs, tax cuts, and mass deportations, all of which can be inflationary and complicate the central bank's job. BTC has experienced a fairly deep correction and has made investors and traders panic selling because they see projections from the central bank indicating that it is still in the phase of tightening its policies. If the Fed's policy continues, it is not impossible that further declines will occur in the near future for the crypto and stock markets
#usdoller #USEconomy #btcupdates2024
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Hi Everyone username can't be changed so we use this name! Follow Moonfellaaa💜
Bitcoin retrace from ATH now?!
What's the solution? Ready for 120K?
#moonfellaaa #MarketPullback #Bitcoin110KNext?
Bitcoin retrace from ATH now?!
What's the solution? Ready for 120K?
#moonfellaaa #MarketPullback #Bitcoin110KNext?