In November 2022, the FTX exchange collapsed. This event severely affected the Solana ecosystem, with SOL prices dropping by over 50% to touch $10/SOL. The repercussions spread to other projects within the ecosystem as many projects relied on fundraising through the FTX exchange. Solana's image hit rock bottom, with users gradually leaving the ecosystem. Even many leading projects were not optimistic about Solana's future.
However, as outlined in the overview of the Solana ecosystem in Q1/2023, during that dark hour, the Solana foundation continued to improve the platform to make the network smoother. There were still many products being incubated and developed within the ecosystem.
Indeed, Solana has undergone a strong transformation, with the SOL token experiencing rapid growth in a short period. A series of projects emerged, bringing in fresh air and attracting users back to the ecosystem. Currently, Solana is one of the leading ecosystems in the crypto market in terms of market capitalization and total value locked (TVL).
Solana now has all the essential pieces in its ecosystem. It aims to create unique points that can only be found on Solana, thereby maintaining and strengthening its position Pon the blockchain map.
$SOL #BinanceVietnamSquare #Solana⁩ $

🔥 #Binance Launchpool #51 - Saga ($SAGA) - Potential Analysis 🔥
Saga ($SAGA) project stands out with a mission to build a decentralized and secure blockchain network, providing a flexible and advanced solution for deploying blockchain applications. Below are some strengths of the project:
Easy Launch Process: $Saga does not require licensing, helping developers deploy applications quickly and flexibly.Security through Interchain Security: The project utilizes security mechanisms from Cosmos to protect the network and transactions.Virtual Machine Options: $Saga allows the use of different virtual machines, providing flexibility for developers.Flexible Transaction Fee Structure: Users can pay fees with various types of tokens.Support from Leading Investors: $Saga has completed 2 seed funding rounds with a total amount received of up to $11.5M. Participating investors include renowned investment funds such as Placeholder, Samsung Next, GSR, Longhash Ventures, Maven11, Hypersphere,...

However, Saga's success also depends on promoting awareness and usage within the blockchain community. Additionally, building and maintaining a strong and diverse network of validators is a significant challenge for the project.
Conclusion:
Overall, the $Saga project shows potential but also requires caution and careful monitoring from the community and investors. Additionally, support from leading investors is a major plus. However, Saga's success will depend on its ability to promote awareness and usage within the community, as well as building and maintaining a strong validator network.

🔶 Binance will then list SAGA at 2024-04-09 14:00 (UTC)

Please share your opinion on the SAGA project, the 51th Binance Launchpool.
#BinanceLaunchpool #Analytics #SAGA.

🚀Liquid Restaking - Could become an upcoming new trend?
As of now, the Total Value Locked (TVL) of Liquid Staking projects is $56 billion USD, while Restaking amounts to $17 billion USD, whereas the TVL of the entire DeFi market is $98 billion USD.
This implies that the Liquid Staking and Restaking sectors together account for 70% of the total TVL of the market, and this figure continues to grow as the Proof of Stake blockchain trend gains prominence.
The most prominent Liquid Restaking projects currently: EigenLayer ( $12B TVL ), #EtherFi. ( $3B TVL ) and #Ethena" $ENA ( 2B TVL ).
#BinanceVietnamSquare #restaking #TrenddingTopic

🔸$BTC in April is likely to have another slight increase around the 8xK area and BTC's wave will officially end in this span.
🔸 at that time, $BTC officially entered the re-accumulation correction wave to continue moving forward in Q3 and 4.
🔸When the market is most excited, we should also reconsider.
🔸Because in my opinion, we should still respect the history of the market, the market has been running smoothly since the beginning of 2023 until now and there has been almost no significant adjustment.
👉So if there's a tuning wave, I believe it could be quite intense rather than mild.
#BinanceVietnamSquare #BullorBear $BTC #Crypto #Bitcoin " data-hashtag="#$BTC #Crypto #Bitcoin" class="tag">#$BTC #Crypto #Bitcoin

About 20 days from now, the Bitcoin halving will officially take place.
This event is considered crucial for Bitcoin as the block rewards for miners will be halved.
In previous halvings, Bitcoin's price has typically increased afterward, with the main narrative revolving around the issue of reduced supply. Specifically:
- 2012 Halving: Price surged by 55,208% since the 2011 low.
- 2016 Halving: Price surged by 11,274% since the 2015 low.
- 2020 Halving: Price surged by 1,888% since the 2019 low.
- Pre-Halving 2024: Price surged by 322% since the 2022 low (as of March 27, 2024).
Unlike previous years, Bitcoin in 2024 has seen significant changes both internally within the ecosystem (Ordinal, Bitcoin layer 2, etc.) and externally (spot Bitcoin ETF, macroeconomic situation, etc.).
BTC has reached a new all-time high (ATH), yet altcoins are still relatively quiet, with most of them trading below their ATH levels in November 2021.

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The Significance of Capital Allocation.
Undoubtedly, many of you must have heard experienced traders advising to allocate capital to only 4–5 projects during an uptrend, with the amusing rationale being that it’s a better way to manage funds. 😂
According to my perspective, the uptrend of capital flow will be injected into each narrative. If you only hold onto 4–5 projects, in the worst-case scenario, by the end of the season, your projects might just start gaining momentum. Will you have the patience to hold on, or will you succumb to the temptation of buying and selling as others showcase their profits?
2. Effective Capital Allocation Strategy.
There are two optimal and secure ways to allocate capital:
Research and identify trends and narratives that will be pumped during the uptrend season.After determining the trends and narratives that will be pumped during the cycle, research and allocate 1–2 quality projects for each category (the allocation percentage will depend on your assessment of the size and potential of that category and the market size).
=> After capital allocation, you just need to stay put and wait for money to flow into the category you are holding. Projects within the same category will experience a sudden surge compared to other categories (for example, if money flows into GameFi, GameFi projects will all experience a surge). When you identify a project reaching overvalue, you can optimize by selling (partially or entirely, depending on your preference) to move funds to categories that have not yet surged, optimizing both cash flow and profits. X100 might be challenging, but 2 times X10 isn’t too bad! 😂
According to my perspective, optimizing according to cash flow is more effective than optimizing based on technical analysis. In an uptrend market, indicators are pulled up to super FOMO levels along with extended bearish divergence sequences, and just one long wick candle can make you lose your position.
3. Experience needed to avoid missing waves in a new cycle.
If you allocate too little capital to a category, it poses a significant risk. I observes that many people only hold 3–5 projects, such as ARB, OP, SUI, and APT, resulting in only L1 + L2 in their portfolio. If the market pumps other categories first, such as AI, RWA, and GameFi, projects in these categories could increase by 30–50 times while the projects you hold may only double. When communities start flaunting their accounts multiplied by several tens, will you still hold or succumb to FOMO and buy new projects that may later result in rug pulls or money flowing to other categories?
In summary, according to my perspective, it’s not advisable to hold too few projects, especially if they are all in the same category. In the worst-case scenario, the category you hold may only be pumped at the end of the downtrend. So, do you have the confidence to hold until the end of the season? 😂 Ultimately, it’s still recommended to allocate capital across multiple categories to avoid getting burned during the uptrend season.
#BinanceVietnamSquare #ResearchBeforeInvesting #r100x

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Good luck!

🔥 IF YOU CAN ANSWER 10 QUESTIONS BELOW, THEN YOU WILL BE ABLE TO CHOOSE 1 COIN TO MULTIPLY BY 🚀100X-1000X THIS CYCLE WITHOUT NEEDING TO HEAR ANYONE SHILL ALL OF THEM👇
👉Last season, how many opportunities to x1000 did you miss? Don't regret it, this bull run season will be your chance to change your position. Now, take out a piece of paper, divide it into 2, and answer the 10 questions below to evaluate a project👇
1️⃣ If the project is a new project, or if it's an old coin, subtract 1. If it's a new project (listed after October 2023), add 1.
2️⃣ If the project's roadmap still includes many "potential" products under development (which is the key factor in determining potential price increases), then it's a +1. Financial markets operate on expectations; if the roadmap doesn't show any major upgrades being built, then it's -1 point.
3️⃣ Is the project currently being mentioned frequently by the community? Is it trending on X (Twitter) or on Discord channels of major communities?

4️⃣ Look for the token/project name on social media platforms, preferably on X, to see what top influencers are saying about the project (and its prospects). Lists of English-speaking Key Opinion Leaders (KOLs) often share interesting projects, or I can share them in the Telegram group for you to read.

5️⃣Is the DEV anonymous or not? Although many anonymous DEV projects still perform extremely well, a project that is in it for the long haul should have identifiable DEV (and ideally, DEV who have not been notorious in the past). +1 if the DEV are public, -1 if they are anonymous.
6️⃣Who are the backers, how much capital have they invested, and if there are multiple fundraising rounds, a big plus point (+1) (what matters is raising multiple rounds, raising a lot of money means a big valuation, so don't worry too much about how much $ was raised).
Ventures also range from top-tier to lower-tier, so if you can spend time tracking which projects those funds have invested in and how their ROI has been, it's beneficial. If the project's backers are all top names like Binance Labs, OKX Labs, Amonica, etc., then add 1 point (+).
7️⃣A VERY IMPORTANT CRITERION: For projects already listed on exchanges, it's essential to check their Fully Diluted Valuation (FDV) and compare it with the top project in the same niche. Based on personal experience in the current bull season, it's advisable to choose projects with FDVs around 20-40% of the top project's FDV (to avoid buying into overpriced or low-quality projects). +2 if achieved, -2 if not achieved.
8️⃣Can the project's technology approach or surpass that of the current top project? (processing speed, scalability, etc.). For meme coins, this criterion scores negatively because they don't have any technology. However, for infrastructure projects, if they meet this criterion, it's +1.
9️⃣Prospects and revenue source of the project: Does the project's token have a use case? Does it share revenue with holders? This will create motivation to buy and hold the token, so if it does, it's a plus point (+1).
🔟Has the project been listed on any CEX/DEX platforms? If the project is initially listed on #Binance or #OKX, the risks of DEX scam teams will be much lower. +1 point if this criterion is met.
=>If the project scores above 7 points, then buy and wait to get rich. Note that you should answer objectively and not let any biases influence your decision, especially if you've already made a purchase.

🎈Mini-tips:
We've stepped out of the downtrend, so being too stingy might cause you to miss out. Buying a bit higher still leaves room for Dollar-Cost Averaging (DCA) when prices dip.If a dev insists, "Buy now, and the token's price will make you a millionaire," then the dev is likely the only one who will become a millionaire. This is a red flag to watch out for, regardless of how promising the project seems.When checking community chats, ensure you interact with real people, not bots. Many projects use bots on Telegram and Discord to create fake communities—avoid these projects. A genuinely promising project doesn't need to rely on fake bots.After buying tokens, consider staking or farming them on various protocols and then forget about them. Checking charts every day won't make them x1000 overnight patience is key.
#BinanceVietnamSquare #ResearchBeforeInvesting #r100x

Instead of rushing to follow community-driven trend narratives, have you tried seizing opportunities by following the Binance Portfolio? 🤔 Your money might be better off when you personally seize the opportunities! The main purpose of this article is to provide guidance on investing based on the Binance Portfolio!

Binance's New Strategy 💥
The CZ era has passed, and the Richard Teng era marks a new game. This time, Binance has introduced a new approach to token listing strategy (continuously listing meme tokens). As a result, projects supported by Binance are likely to be listed. => It's possible to purchase through Binance IDO.
💡Fact: This strategy aims to align with the trend to some extent, with the remaining part aimed at attracting liquidity back into projects following the controversy involving CZ.
So, how is this new strategy unfolding? 🙄
The opportunity right in front of you is like no other, with hundred of projects supported by Binance Labs, including names like Layer Zero, Xterio, Manta Network, Helio Protocol, and more (these projects have a higher likelihood of being listed).These are projects that are capturing the attention of the community, and, of course, a good project needs interested supporters to thrive. It demonstrates the limitless vision of Binance Labs - as you know, a large fund like theirs always has 10 unique research minds, quite different from just one like ours.
The psychology of choosing a project for oneself 🕵️
Looking long-term, consider how its technology will be beneficial in the future.
For example, Layer Zero technology caters to both users and projects. No matter how you develop, you'll need my technology to meet your needs. (The unique value of L0 lies in high security and low cost). => In the future, many parties will need to use it!
Which fund is currently investing, and is the community paying attention?
Example, Layer Zero is being invested in by major names such as Binance Labs, A16Z, Coinbase, and others. The community is buzzing, much like Hanoi's main street :))) and I haven't even mentioned the projects using L0 of technology yet.
💡Fact: A good ecosystem needs visitors to attract funds; otherwise, if no one comes, how can it help you grow? 🤔

This is just content for reference based on personal opinions! If you have any thoughts, feel free to leave comments below, and don't forget to hit the follow button if you enjoy the information I share.