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XRP Ledger is growing: These memecoins are attracting attention! XRP's blockchain, $XRP Ledger, which has signed a sensational rally, has grown with the help of ecosystem memecoins. XRP, one of the building blocks of the crypto industry, has left USDT behind with an increase of over 30 percent in recent days. XRP, the third largest cryptocurrency by market value, has managed to attract new investors globally. The resignation of SEC Chairman Gary Gensler and applications for spot XRP ETFs formed the basis of the price increase. XRP has also started to reap the fruits of the XRP Ledger, which it has been working on for many years. XRP's blockchain has gained momentum with the help of memecoin creation platform First Ledger. #XRP Ledger has gained momentum with memecoins XRP's blockchain, XRP Ledger, recorded a transaction volume of approximately $75 million in the last 24 hours. Memecoins constituted a large part of this volume. According to Dexscreener data, 362,907 transactions were made on the XRP Ledger in the last 24 hours. The memecoin 589, which was launched on the XRP network, became the cryptocurrency with the most transactions. The memecoin, which was inspired by the Simpsons' $ 589 prophecy, attracted great attention. Reaching a market value of $ 8.1 million in a short time, 589 recorded a transaction volume of $ 7.8 million in the last 24 hours. The memecoin of First Ledger, which enabled the creation of memecoins on the XRP blockchain, attracted attention. The memecoin in question reached a market value of nearly $ 25 million. The memecoin called Scrap recorded a transaction volume of $ 4.4 million in the last 24 hours. The memecoin that attracted the most attention from the XRP community was ARMY. Inspired by the cult XRP Army, the ARMY memecoin reached a market value of $ 70.5 million on the XRP Ledger. The popular memecoin recorded $13.1 million in trading volume in the last 24 hours. The crypto community has suggested that the XRP Ledger is still in its infancy and that the blockchain will soon host more cryptocurrencies.

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Litecoin (LTC) price analysis: Will it be like XRP? While all eyes are on major altcoins after XRP's jaw-dropping rally, #Litecoin ($LTC ) is approaching a potential breakout. The cryptocurrency market left behind a November full of increases. The top 100 altcoins by market value made striking increases. One of the altcoins in question, XRP, increased by over 300 percent. Major altcoins such as #XLM and $ALGO also accompanied the rally made by $XRP . It has become a matter of curiosity whether the major altcoin rally will continue. Coinpedia examined Litecoin, an altcoin that has not yet realized its potential rise. According to the analysis, LTC approached a significant resistance point before the rally. According to the analysis prepared by Coinpedia, Litecoin (LTC) entered a final bend before the bullish rally. The popular altcoin is about to test the resistance point at $128. LTC, which has entered a potential uptrend, has gained nearly 20 percent in the last 24 hours. #LTC entered its fifth consecutive positive week. Breaking the $111 resistance, LTC closed last week above $119.61. This closing whetted the appetite of LTC bulls. An important resistance point for LTC, which was based on $122 levels during the day, was pointed to at $128. The analysis included the following statements; “While the market is waiting for the 23.60 percent Fibonacci level to be broken, the upward price target is expected to be $218.” According to the analysis, a potential rally may begin if the resistance point at $128.16 is broken and the resistance in question is maintained. In the rally, LTC's next target may be $218. The popular altcoin could target $300 if it breaks the $218 resistance. On the other hand, LTC could retreat to $100 if selling pressure increases. According to historical data, the horizontal trend in the LTC price trend for the last two years has resulted in an increase.

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Striking analysis for Filecoin (FIL): “The road leads to $28” According to a prepared price analysis, the Filecoin (FIL) price has entered a potential uptrend. After XRP’s sensational rally and XLM’s rise reminiscent of 2021, eyes turned to major altcoins. A new trend emerged with the rise of cryptocurrencies that have been traded in the market for many years. A striking target was given for FIL in the major altcoin trend. In the analysis prepared by AMBCrypto, it was stated that FIL was supported by the bulls and targeted new peaks accompanied by an ascending triangle formation. The following sentences were included in the analysis; “Since the FIL chart is showing an upward trend, a potential rise can be expected. FIL is trading in a formation indicating $28.” According to AMBCrypto, market sentiment supports the bull run as market participants expect a continuous uptrend. Especially major altcoins host new money inflows at regular intervals. One of the major altcoins, FIL, increased by 94.18 percent last month. FIL evaluated the first days of December with an increase of over 5 percent. The analysis predicts that #FIL will chart its path in the coming trading hours and that a striking rise will occur if the path in question is bullish. Coinglass emphasized that the Open Interest (OI) and Funding Rate data on FIL are positive. The analysis included the following statements; “FIL may continue its upward trend and the price may rise to double-digit levels.” According to the analysis, an upward triangle formation indicating upward momentum has formed on the FIL chart. FIL managed to rise above the formation in question. FIL needs to remain above $6.71 for the rally to be supported. A possible resistance break could carry $FIL to $16.8. The analysis predicted that the next target for a potential climb would be $28.

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Record data in Ethereum (ETH): How does it affect the price? Ethereum's ($ETH ) open interest has reached an all-time high. Known as the leader of altcoins, Ethereum (ETH) reached an important milestone when it was priced at $ 3,700. Open interest (OI), one of ETH's important metrics in derivatives markets, has reached an all-time high. Ethereum's open interest has broken a record by exceeding $ 17 billion. The increase in open interest means that more investors are taking positions in futures or options contracts and that there is more capital inflow into the market. In addition, the funding rate, another metric used in derivatives markets, has also shown a significant increase in recent days. The increase in the funding rate generally indicates that the market is optimistic and investors are willing to pay more to maintain their long positions. However, although this situation gives the perception that prices will continue to rise at first glance, the real situation may be different. When historical data is examined, it is seen that sharp increases in open interest usually result in price corrections. In similar cases in November 2021 and June 2024, increases in open interest indicated that the market had reached its peak. In order to understand whether Ethereum had reached its market peak, on-chain data was examined in detail. According to CryptoQuant's data, ETH's reserves on exchanges are increasing. This indicates that selling pressure is increasing. However, the stochastic oscillator was seen to be in the overbought region. This indicates that sales may increase and price corrections are possible. In addition, the seller exhaustion index has also reached its peak. According to historical data, the $ETH price has usually experienced a sharp decline after the periods when this metric peaked. On the other hand, the Relative Strength Index (RSI) has not yet entered the overbought region. This indicates that there is still room for further purchases and that Ethereum can maintain its upward momentum.

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Founder announced: Will the Base network token be released? Base, the layer-2 blockchain supported by Coinbase, reached over $2 billion in total locked assets (TVL). There was activity in the #Ethereum ($ETH ) ecosystem in November. Ethereum scaling solutions #Arbitrum and #Base hosted new money inflows. Coinbase's layer-2 blockchain Base recorded an average weekly transaction volume of over $10 billion. The total locked assets (TVL) value of the Base network was $2.093 billion. Memecoins in particular contributed to the Base network's movement. Base founder Jesse Pollak answered the token question from the community. Addressing his followers via X, Pollak made striking statements. Jesse Pollak emphasized that the priority of the Base blockchain is the community. Pollak, citing the Hyperliquid project as an example, stated that creating a product that users will love before experiencing complexities such as pricing will lead to long-term success. Pollak made the following statements; “Starting without a token allows us to focus on solving real problems.” According to Pollak, the most important priority for a project is to establish a deep connection with users and build a world-class product. The founder of Base explained his approach as follows; “The Base network has no plans for a token. We are focused on building. We want to solve real problems that allow users to build more efficiently. I want your feedback on what we can do better.” The Base network, which has closed the door to a native token, reached an all-time high of 9.32 million transactions on November 26.

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