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---Will Solana continue to outperform ETH as DeFi TVL returns in 2024?---
$SOL is anticipated to ascend to a top-three position in blockchain rankings based on market capitalization, Total Value Locked (TVL), and active user metrics.
This surge in prominence is expected to propel Solana into the competition for spot ETFs, with numerous asset managers submitting regulatory filings. Concurrently, as Solana continues to capture a larger share of the market, there is a viable scenario where Pyth, a Solana-based price oracle, surpasses Chainlink in Total Value Secured (“TVS”).
Presently, Chainlink holds a TVS of approximately $15 billion, overshadowing Pyth's <$2 billion, a dominance primarily established through blue-chip DeFi protocols on the Ethereum mainnet.
However, with the continuous growth of TVL on high-throughput chains like Solana and Chainlink facing challenges in garnering institutional adoption for its LINK token, Pyth is expected to gain substantial market share.
This is underpinned by several innovative features, including its "pull" architecture and a confidence interval system.
#SolanaTrade #sol #SOLETH
(Solana Total Value Locked)
$SOL is anticipated to ascend to a top-three position in blockchain rankings based on market capitalization, Total Value Locked (TVL), and active user metrics.
This surge in prominence is expected to propel Solana into the competition for spot ETFs, with numerous asset managers submitting regulatory filings. Concurrently, as Solana continues to capture a larger share of the market, there is a viable scenario where Pyth, a Solana-based price oracle, surpasses Chainlink in Total Value Secured (“TVS”).
Presently, Chainlink holds a TVS of approximately $15 billion, overshadowing Pyth's <$2 billion, a dominance primarily established through blue-chip DeFi protocols on the Ethereum mainnet.
However, with the continuous growth of TVL on high-throughput chains like Solana and Chainlink facing challenges in garnering institutional adoption for its LINK token, Pyth is expected to gain substantial market share.
This is underpinned by several innovative features, including its "pull" architecture and a confidence interval system.
#SolanaTrade #sol #SOLETH
(Solana Total Value Locked)
Will a breakout blockchain game will finally arrive in 2024?
Blockchain gaming is poised to witness the achievement of at least one title surpassing 1 million+ daily active users, showcasing the anticipated potential in the industry. Among the contenders for this milestone, IMX stands out as a likely candidate to ascend to a top 25 coin by market cap (currently positioned at #42).
This ascent is expected to be fueled by the launch of high-profile games like Illuvium and Guild of Guardians in 2024, featuring a well-crafted token system that aligns interes
This ascent is expected to be fueled by the launch of high-profile games like Illuvium and Guild of Guardians in 2024, featuring a well-crafted token system that aligns interes
---Will NFT activity rebound to an all-time high in 2024?---
Monthly NFT (Non-Fungible Token) volumes are poised to achieve a fresh record high as cryptocurrency speculators re-enter the market, showing a preference for leading NFT collections on $ETH , enhanced crypto games, and innovative offerings based on $BTC .
Despite Ethereum's historical dominance with a nearly 50-1 ratio over Bitcoin in primary NFT sales, the Ordinals protocol for Bitcoin and the emergence of layer 2 chains on the Bitcoin network are expected to contribute to a sustained resurgence in Bitcoin network fees.
The ratio of primary NFT issuance between ETH and BTC is projected to converge closer to 3-1 by the end of 2024. Stacks (STX), a smart contract platform secured by Bitcoin, is anticipated to ascend to a position within the top 30 coins by market capitalization, currently positioned at 54th place.
#NFT #EthereumRally #BitcoinOnEthereum
Monthly NFT (Non-Fungible Token) volumes are poised to achieve a fresh record high as cryptocurrency speculators re-enter the market, showing a preference for leading NFT collections on $ETH , enhanced crypto games, and innovative offerings based on $BTC .
Despite Ethereum's historical dominance with a nearly 50-1 ratio over Bitcoin in primary NFT sales, the Ordinals protocol for Bitcoin and the emergence of layer 2 chains on the Bitcoin network are expected to contribute to a sustained resurgence in Bitcoin network fees.
The ratio of primary NFT issuance between ETH and BTC is projected to converge closer to 3-1 by the end of 2024. Stacks (STX), a smart contract platform secured by Bitcoin, is anticipated to ascend to a position within the top 30 coins by market capitalization, currently positioned at 54th place.
#NFT #EthereumRally #BitcoinOnEthereum
---Bitcoin will make an all-time high in Q4 2024---
In the latter part of 2024, $BTC is anticipated to face significant challenges, reminiscent of a formidable obstacle. The global voter turnout for legislative and presidential elections is projected to surpass 45% in 2024, marking a historic peak.
This heightened level of political engagement suggests an environment of increased volatility and the potential for substantial policy shifts. Notably, there is growing indication that voters and legal systems are pushing back against the anti-growth stance advocated by the Green lobby.
Following a contentious election that resulted in Donald Trump securing 290 electoral votes and reclaiming the Presidency, there is optimism that the SEC's adversarial regulatory stance may be dismantled.
Consequently, the expectation is that the price of Bitcoin will achieve a record high on November 9th, precisely three years from its last peak. (It's worth noting that Bitcoin experienced a breakout in November 2020, coincidentally three years from its previous high in November 2017.)
Should Bitcoin reach $100,000 by December, an audacious prediction is made that Satoshi Nakamoto could be named Time Magazine's "Person of the Year."
#BTC!💰
In the latter part of 2024, $BTC is anticipated to face significant challenges, reminiscent of a formidable obstacle. The global voter turnout for legislative and presidential elections is projected to surpass 45% in 2024, marking a historic peak.
This heightened level of political engagement suggests an environment of increased volatility and the potential for substantial policy shifts. Notably, there is growing indication that voters and legal systems are pushing back against the anti-growth stance advocated by the Green lobby.
Following a contentious election that resulted in Donald Trump securing 290 electoral votes and reclaiming the Presidency, there is optimism that the SEC's adversarial regulatory stance may be dismantled.
Consequently, the expectation is that the price of Bitcoin will achieve a record high on November 9th, precisely three years from its last peak. (It's worth noting that Bitcoin experienced a breakout in November 2020, coincidentally three years from its previous high in November 2017.)
Should Bitcoin reach $100,000 by December, an audacious prediction is made that Satoshi Nakamoto could be named Time Magazine's "Person of the Year."
#BTC!💰
---How Listed Miners Are Shaping the Bitcoin Market in 2024---
The upcoming $BTC halving in April 2024 is anticipated to unfold smoothly, without significant forks or missed blocks. As the issuance of new coins is halved, miners operating at a loss are likely to disconnect, allowing those with cost-effective power sources to gain a larger market share.
Fortunately, the impact on public markets is expected to be minimal, thanks to the improved financial positions of listed miners, who currently control approximately 25% of the global hash rate, marking a record percentage.
Following a brief period of consolidation lasting from several days to weeks post-halving, during which the market absorbs the additional selling pressure from unprofitable miners, Bitcoin is projected to surpass $48,000.
This level corresponds to the neckline of the head-and-shoulder pattern that was completed in April 2022. While, on average, Bitcoin miners are expected to underperform the Bitcoin price leading up to the halving, the miners with lower operational costs such as CLSK and RIOT are anticipated to outperform their counterparts.
Furthermore, post-halving, there is an expectation that at least one publicly traded miner will experience a tenfold increase in value by the end of the year.
#BTC #mining #2024Predictions
The upcoming $BTC halving in April 2024 is anticipated to unfold smoothly, without significant forks or missed blocks. As the issuance of new coins is halved, miners operating at a loss are likely to disconnect, allowing those with cost-effective power sources to gain a larger market share.
Fortunately, the impact on public markets is expected to be minimal, thanks to the improved financial positions of listed miners, who currently control approximately 25% of the global hash rate, marking a record percentage.
Following a brief period of consolidation lasting from several days to weeks post-halving, during which the market absorbs the additional selling pressure from unprofitable miners, Bitcoin is projected to surpass $48,000.
This level corresponds to the neckline of the head-and-shoulder pattern that was completed in April 2022. While, on average, Bitcoin miners are expected to underperform the Bitcoin price leading up to the halving, the miners with lower operational costs such as CLSK and RIOT are anticipated to outperform their counterparts.
Furthermore, post-halving, there is an expectation that at least one publicly traded miner will experience a tenfold increase in value by the end of the year.
#BTC #mining #2024Predictions
What will happen to Bitcoin ETF Performance in 2024?
The U.S. economy is anticipated to enter a recession in the initial half of the year, driven by a prolonged slowdown in economic momentum and a cooling inflationary environment, rendering the economy more susceptible to shocks. Leading indicators in the U.S. have entered a recessionary phase after 19 consecutive months of declines, nearing a record low.
Various late-cycle dynamics, such as struggling retailer shares, weak commodities, softened employment, elevated corporate bankruptcy filings,
Various late-cycle dynamics, such as struggling retailer shares, weak commodities, softened employment, elevated corporate bankruptcy filings,
Positive and hopeful for 2024 🙌🏻
Mastering Crypto
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Bikajellegű
5 Best Coins to Watch Closely for the Next Crypto Bull Run 💵
🔎With Bitcoin surpassing the $42,000 threshold, crypto enthusiasts are now eyeing the potential stars of the upcoming bull run. As Bitcoin continues its triple-digit surge, the broader crypto market shows signs of robust growth, creating an opportune moment for enthusiasts to explore exciting cryptocurrencies beyond BTC. Here are the 5 Best Altcoins for the Next Bull Run.
🪩ApeMax (APEMAX)
ApeMax has swiftly emerged as a frontrunner among new meme coins, carving its niche in the crypto universe with distinctive features. The coin introduces a groundbreaking “Boost” staking protocol, enabling token holders to stake on preferred entities and potentially earn rewards.
🪩Solana (SOL)
Solana stands out for its high-performance blockchain that supports decentralized apps (dApps) and cryptocurrencies. Its cost-effective transaction processing capabilities make it a formidable player in the blockchain space.
🪩Cardano (ADA)
Cardano is a blockchain platform aiming to surpass previous protocols in terms of advanced features. Its unique two-layer structure, separating the ledger of account values from transaction reasons, provides flexibility and scalability.
🪩Shiba Inu (SHIB)
Initially conceived as a meme coin, Shiba Inu has evolved into a comprehensive ecosystem with huge community support. The ecosystem includes an NFT art incubator and the development of a decentralized exchange, ShibaSwap.
🪩XRP (XRP)
XRP distinguishes itself by offering a streamlined solution for international transactions, presenting a cost-effective alternative to traditional methods. With its capability for ultra-fast transactions, XRP is particularly suitable for micro-payments.
Is a Crypto Bull Run Coming?
I think that, recent Bitcoin surging to $44,000, could indicate the potential for a bull run.
🫂Remember: A lot of Hardwork goes into for providing you Best Articles.Your Generous Tips Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#BinanceTournament
🔎With Bitcoin surpassing the $42,000 threshold, crypto enthusiasts are now eyeing the potential stars of the upcoming bull run. As Bitcoin continues its triple-digit surge, the broader crypto market shows signs of robust growth, creating an opportune moment for enthusiasts to explore exciting cryptocurrencies beyond BTC. Here are the 5 Best Altcoins for the Next Bull Run.
🪩ApeMax (APEMAX)
ApeMax has swiftly emerged as a frontrunner among new meme coins, carving its niche in the crypto universe with distinctive features. The coin introduces a groundbreaking “Boost” staking protocol, enabling token holders to stake on preferred entities and potentially earn rewards.
🪩Solana (SOL)
Solana stands out for its high-performance blockchain that supports decentralized apps (dApps) and cryptocurrencies. Its cost-effective transaction processing capabilities make it a formidable player in the blockchain space.
🪩Cardano (ADA)
Cardano is a blockchain platform aiming to surpass previous protocols in terms of advanced features. Its unique two-layer structure, separating the ledger of account values from transaction reasons, provides flexibility and scalability.
🪩Shiba Inu (SHIB)
Initially conceived as a meme coin, Shiba Inu has evolved into a comprehensive ecosystem with huge community support. The ecosystem includes an NFT art incubator and the development of a decentralized exchange, ShibaSwap.
🪩XRP (XRP)
XRP distinguishes itself by offering a streamlined solution for international transactions, presenting a cost-effective alternative to traditional methods. With its capability for ultra-fast transactions, XRP is particularly suitable for micro-payments.
Is a Crypto Bull Run Coming?
I think that, recent Bitcoin surging to $44,000, could indicate the potential for a bull run.
🫂Remember: A lot of Hardwork goes into for providing you Best Articles.Your Generous Tips Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
#BinanceTournament