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Santiment: Solana is Quietly Getting Stronger, Watch Out for the Signal in Bitcoin and Ethereum! While this intense interest in #Bitcoin and #Ethereum led to a significant increase in trading volumes on exchanges, the prices of these assets also attracted the attention of investors. There was a great effort, especially among traders, and short-term price movements in both assets were largely driven by speculation. On the other hand, although #Solana showed a remarkable performance by rising above the $ 140 level, this movement did not create as much trading volume as Bitcoin and Ethereum. Although Solana's price exceeded the $ 140 barrier, investors did not show much interest in this asset. This situation is considered a positive sign by some analysts. Experts state that the market has not generally entered the overbought region and that this silence in Solana may be a harbinger of a potential rise. Leveraged transactions on exchanges and the majority of traders turning to #Bitcoin and #Ethereum caused Solana to follow a calmer course. According to CoinGecko data, Solana has increased by 2% in the last 24 hours and is trading at $142 at the time of writing.
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Solana Remains Quiet But Promising Despite Rising Bitcoin and Ethereum Leverage Trading Santiment’s report revealed a notable increase in trading activity related to #Bitcoin and #Ethereum . This increased interest led to a significant increase in trading volumes across various exchange platforms. This explosion in trading activity caught the attention of investors and led to short-term price fluctuations based on speculation among traders. Although Solana performed admirably by breaking the $140 level, trading volumes were not comparable to Bitcoin and Ethereum. Despite breaking this important level, investor interest in #Solana remained relatively low. Some market analysts suggest that this could be a positive indicator indicating a potential rally, paving the way for an increase without entering overbought territory. This analysis highlights the dynamic nature of the cryptocurrency market; Bitcoin and Ethereum are at the forefront in terms of leveraged trading and trading volume. On the other hand, Solana’s quieter performance could be a sign of opportunity for growth. Investors and traders are advised to navigate the volatile crypto environment by following these trends carefully. $BTC $ETH $SOL
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Supercycle Alert: Why $CAT Could Be the Next Big Memecoin!
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Binance Announces Listing News for the Altcoin That Took Off with Grayscale! Binance, the world’s largest cryptocurrency exchange, will be listing a new altcoin futures option. Binance announced today on its official blog that it will be launching USD Coin ($USDC ) margined futures for Sui ($SUI ) with up to 20x leverage. According to the statement made by #Binance , the #SUIUSDC contract will be available for trading on September 18 at 13:00 CET. Binance stated that funding rates will initially change every 8 hours between a maximum of -0.75% and +0.75%, but funding rates, maximum leverage, and minimum transaction limit may change from time to time depending on market conditions. SUI experienced a price increase with Grayscale’s SUI Trust launch. While the announcement from #Binance did not have a significant impact on the price, the price is finding buyers at $1,017 at the time of writing.
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💫A survey conducted by the Financial Industry Regulatory Authority of the United States shows that 55% of the American Generation Z prefer to invest in cryptocurrencies.
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