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📣 Solana (SOL) Ranks First Again: Santiment Reveals SOL Tokens Developers Are Most Focused On Cryptocurrency analysis company Santiment announced in its statement the altcoins that developers focus on most in the Solana ecosystem, which has continued its rise recently, especially with memecoins. While creating the list, analysts examined the developers' activities over the last 30 days. As expected, SOL, the main coin of the Solana ecosystem, ranks first on the list with a developer score of 74.57. However, SOL was not at the top of the previous month's list. Instead, the Jupiter (JUP) token was ranked first. In the last month's list, JUP fell to second place. Here are the altcoins and developer scores that developers have focused on most in the Solana ecosystem in the last month, according to Santiment analysts: 🔸 Solana (#SOL ) – 74.57 🔸 Jupiter (#JUP ) – 67.1 🔸 Wormhole (W) – 64.97 🔸 Drift – 48.2 🔸 Neon (NEON) – 48.07 🔸 Pyth Network (#PYTH ) – 46.77 🔸 Helium IOT (IOT) – 44.5 🔸 Helium Mobile (MOBILE) – 44.5 🔸 Metaplex (MPLX) – 22.77 🔸 Mango Markets (MNGO) – 14.63 The Solana ecosystem has become popular with new tokens and new token hunters, especially because its minting and transaction fees are quite low. Especially recently, many new memecoins have emerged in the Solana ecosystem, and examples such as BOME were even listed on Binance in the early period.

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🔥 Bullish Momentum Drives XRP’s 35% Weekly Surge XRP has seen an impressive 35% price spike this week, sparking speculation about new all-time highs.Analysts observe a bullish pennant pattern on XRP’s chart, signaling a potential breakout.Ripple’s win against the SEC boosts XRP’s credibility and may attract institutional investors XRP has remarkably surged this week, gaining an impressive 35%. Traders are now speculating whether this bullish momentum will propel XRP to new all-time highs during this market cycle. Currently, XRP is trading at $0.60 and some analysts like Dark Defender suggest the price could rally to $18 – $36 once $0.66 is breached. 💬 And So It Began! #XRP entered the qualification mode by bouncing precisely from our last frontier, $0.3917, then surpassing $0.6044 and entering the previous triangle. Above $0.6649, it is Magick towards $18 – $36 — Dark Defender XRP has seen a significant price increase from its previous level of $0.43 on July 10. The surge is part of a broader rally in the crypto market, as indicated by CoinMarketCap data. XRP’s Technical Analysis Both analysts and investors are closely monitoring XRP’s price chart, identifying patterns that suggest a potential breakout. One key observation is the formation of a bullish pennant pattern on XRP’s chart over the past seven years. This pattern occurs when the price consolidates within a triangle shape following a strong upward move. Santiment notes that this breakout could be one of the most significant in crypto history. XRP has traded within a range of approximately 75% since the beginning of the year, despite volatility. The price has been oscillating between a high of $0.71 and a low of $0.41. Some crypto analysts are confident that XRP will reach new all-time highs this cycle. The sentiment around XRP is turning bullish, with traders closely following the price action. Meanwhile, Ripple’s win against the SEC can boost XRP’s credibility, attract institutional investors, and drive higher adoption. $XRP

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🐸 PEPE Coin Bounce Back, Can PEPE Coin Reach $1? 🔸 PEPE Coin's Impressive Surge and Future Prospects As the crypto market bounced back PEPE was also back in the game. On 15 July 2024, the frog-themed memecoin surged approximately 23.04% and on the very next day, it advanced by 9.27% breaking above the 50-day exponential moving average curve. Moreover, according to IntoTheBlock’s data, 83% of PEPE holders are making money at the current price which is also a bullish signal. 🔸 PEPE Coin Performance And Technical Summary This week PEPE coin's performance was outstanding as it gave approximately 33.98% return according to trading view data. In the last 3 months, it has grown by 147.48%, 965.20% in the last 6 months, and 839.44% year to date. This impressive performance shows the bullish momentum in Pepe. Moreover, according to Tradingview's technical summary out of 25 indicators, 2 are on the sell side, 9 are on the neutral side and 14 are on the Buy side suggesting buying momentum in Pepe coin. 🔸 PEPE On the Technical Chart On the daily technical chart, PEPE is trading in the bullish region above the key exponential moving averages suggesting bullishness. PEPE was halted at the price of $0.000017233362 and then traded in a downward channel. Recently it gave a breakout from the channel showcasing buyers' presence in PEPE. At the time of writing Pepe was trading at $0.000012115138 with a market cap of 5.12 Billion and the past 24 hours trading volume was 1.75 Billion. Furthermore, the MACD indicator was also tuned bullish. The MACD curve and the signal curve formed a bullish cross and headed in the upward direction with green histograms. The RSI curve is also trading close to the overbought zone at 59.73 above the 14 SMA curve suggesting bullish moves. 🔸 Can Pepe coin reach $1? PEPE showed impressive growth in recent years surpassing BTC and ETH in terms of gains. It is the 3rd biggest meme coin in terms of market cap. Despite this PEPE will require exponential buying support to reach $1 which is looking tough right now. #PEPE

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📊 Aptos: collaboration with Nansen for data import 🔸 Nansen Nansen is a famous on-chain analysis platform. Monitor with millions of wallets, so much so that many investors use its analyses to discover opportunities, perform due diligence, and defend their portfolios. It also provides real-time alerts. Among those who use its services, there are already other crypto projects, such as Arbitrum, Polygon, and Avalanche, as well as crypto companies like Coinbase, Consensys, and Chainlink. 🔸 Aptos Aptos is a blockchain layer-1 with innovative technology that uses the Move programming language. His project aims to democratize the advantages of decentralization. Its ecosystem has shown significant growth in the last six months. In fact, from January to July 2024, the number of active addresses has doubled, going from 77,382 to 186,685. Furthermore, it also recorded an increase in transaction volume in May 2024, with the record figure of 117 million transactions processed in a single day. The previous record on a layer-1 was held by Sui Network with 65 million transactions in a single day. The Aptos network boasts a dedicated developer base, and in the last 30 days Echelon Market and Topaz have seen an increase in new users. On the other hand, Amnis Finance, despite a slight drop in users, has recorded an increase in transactions. The Aptos ecosystem shows a certain diversity within it, with a mix of community-led projects, infrastructure providers, and DeFi protocols. 🔸 The collaboration Thanks to the new Aptos Growth Dashboard by Nansen, users will be able to access key metrics such as active addresses, transaction volume, daily deployments, and the top five entities within the network. The objective is to enable investors and teams to identify user activity areas, potentially leading to more effective co-marketing opportunities and better competition analysis. Furthermore, by monitoring the main entities and dApps on the dashboard, users can identify emerging trends within the Aptos ecosystem. #Aptos #APT $APT

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⚡️ Altseason Alert: Analysts Predict Altcoins Will Outshine Bitcoin – Here’s Why! Kevin Svenson predicts altcoins will surge ahead of Bitcoin, citing trends in Bitcoin and Ethereum prices. Solana’s potential rise to $1,000 and the launch of a Solana-based ETF raise optimism. PlayDoge and Pawfury gain attention with promising prospects, while regulatory actions like the SEC’s subpoena of ConsenSys highlight ongoing scrutiny in the crypto space. 🔸 Svenson's Predictions on Altseason Cryptocurrency analyst Kevin Svenson predicts that a period known as “altseason,” which signifies a phase where altcoins significantly outperform Bitcoin (BTC), is imminent. Svenson’s optimism is grounded in recent market trends observed in Bitcoin and Ethereum (ETH) prices. In his latest insights shared with his 78,600 YouTube subscribers, Svenson explained that Bitcoin has broken its parabolic trend and is now consolidating, whereas Ethereum continues in an exponential trend. This pattern, he argues, indicates that altcoins will soon begin to catch up with Bitcoin’s momentum. A key indicator Svenson focuses on is Bitcoin dominance (BTC.D), a metric that measures Bitcoin’s market capitalization relative to the overall crypto market. Historically, a downtrend in this metric signals a rising altcoin market. While Bitcoin (BTC)’s dominance hasn’t hit a lower low yet, it has broken its trend line and is showing signs of lower highs. 🔸 Solana's Promising Outlook Another major voice in the cryptocurrency space, Zhu Su of Three Arrows Capital, anticipates that Solana (SOL) might surge to $1,000 per unit, drawing a parallel to Ethereum’s meteoric rise in value. This bold projection is supported by the impressive performance of the Grayscale Solana Trust, which has demonstrated high investor confidence. Moreover, the potential launch of a Solana-based ETF by 21Shares is seen as a catalyst that could increase Solana’s adoption and investment by both institutional and retail investors, thereby uplifting the entire altcoin market. #Altcoins #altsesaon

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