$BTC #BinanceTournament #JTO #SolanaDeFi The global crypto market cap surged 7.9% this week, from $1.52 trillion to $1.64 trillion. While Bitcoin (BTC) largely catalyzed this impressive run with its push above $44,500, assets such as Jito (JTO), Solana (SOL) and Avalanche (AVAX) also made their unique contributions.Jito pushes for $5 on debutatop the Solana blockchain, released its governance token JTO this week. JTO’s earliest trading price was $2.04 on Dec. 7, per data from CoinMarketCap.op cryptos to watch this week: JTO, SOL, AVAX global crypto market cap surged 7.9% this week, from $1.52 trillion to $1.64 trillion. While Bitcoin (BTC) largely catalyzed this impressive run with its push above $44,500, assets such as Jito (JTO), Solana (SOL) and Avalanche (AVAX) also made their unique contributions.JTo pushes for $5 on debutJito, a liquid staking platform built atop the Solana blockchain, released its governance token JTO this week. JTO’s earliest trading price was $2.04 on Dec. 7, per data from CoinMarketCap.JTO eventually broke the consolidation, supported by increased buying pressure and whale activity. The crypto asset leveraged the resurgence to push for a $5 target, soaring to a new peak of $4.36 on Dec. 9. This push to $5 was unsuccessful, as the asset faced another resistance, leading to a collapse to $3.34.The token trades for $3.36 at the reporting time, up 64.7% this week. JTO needs to hold above the support at $3.30 to hedge against any drops to the Friday lows below $3. With a market cap of $382 million, Jito now ranks as the 147th largest cryptocurrency.The Jito initial coin offering (ICO) concluded on Nov. 28.Solana clinches pre-Terra highsSolana’s positive momentum this week was one of the catalysts behind the optimism around Jito as well.As in previous weeks, SOL reached new local highs, riding on the back of the Bitcoin uptrend and the sustained buying pressure among whale addresses.Solana started this week with a price of $63 after recovering the $40, $50 and $60 psychological price thresholds in past weeks. The asset’s goal to conquer the $70 territory this week was accomplished, as it rallied 23.5% to a high of $77.78 on Dec. 9.This price upsurge indicated that Solana had not only recovered the losses from the FTX collapse but also some of the losses from the Terra implosion.The last time SOL saw a price above $75 was in early May 2022. Though the token saw resistance at $77.78, it retained its uptrend, currently trading for $71.94 amid a 2.64% drop today.Despite the drop, SOL remains above the 50-day EMA ($52.64) and the 200-day EMA ($34.23), suggesting sustenance of the bullish momentum in the short and long terms. Solana’s daily RSI is currently at 68, signaling an elevated level of buying activity amid the uptrend.Solana’s founder, former Qualcomm executive Anatoly Yakovenko, discussed the open-source blockchain platform’s early days in a social media post on Dec. 9Avalanche records six straight intraday winsAvalanche stood out as one of the biggest performers this week, with six consecutive intraday wins.The crypto asset began the week with an impressive 3.37% gain on Dec. 4, rising from $21.94 to $22.68. This upsurge spilled into the next day, with AVAX surging by 8.20% on Tuesday in a bid to reclaim the $25 price.Avalanche eventually hit the $25 target on Dec. 6 amid an extension of the rally. The asset sustained its uptrend throughout the week, leading to a recapture of the much-coveted $30 threshold on Dec. 8. Interestingly, AVAX recorded no intraday loss this week.However, amid the recent downturn in the market, the token is now down 0.13% today, currently trading for $31.87. Avalanche is 45% up this week. The asset must defend the $30.44 support to retain its uptrend amid the momentary market correction. Ava Labs, founded by CEO Emin Gün Sirer, is the startup behind the Avalanche network.

Solana, the rising star in the blockchain galaxy, has set the crypto world ablaze with its recent milestones and eye-popping statistics. 🌌 In this article, we'll explore the explosive growth that Solana is experiencing, backed by a surge in Total Value Locked (TVL) and the meteoric rise of its native token, SOL. Buckle up for a journey into the decentralized finance (DeFi) realm where Solana shines bright! ✨ #Solana #DeFiSolana's TVL Surge:Picture this: a whopping 56% surge in Total Value Locked (TVL) within Solana's DeFi ecosystem, locking in over $650 million in just one month! 🔒💰 This staggering increase underscores the growing confidence among investors, captivated by Solana's promise of reduced fees and lightning-fast transaction speeds. Solana isn't just a blockchain; it's a game-changer. 🚀 #SolanaTVL #CryptoGrowthSOL Token's Soaring Trajectory:Hold on to your hats as we witness the SOL token's incredible 500% surge since the beginning of the year, propelling it to the sixth-largest cryptocurrency with a market cap of $25.6 billion! 📈 Despite a recent dip, analysts are optimistic, foreseeing a bullish breakout above $70. Buckle up for SOL's journey to new heights! 🚀💸 #SOLToken #CryptoMoonshotAirdrop Frenzy Fuels SOL Growth:But wait, there's more! 🎁 Enter the airdrop season featuring protocols like Pyth and Jupiter, acting as catalysts for SOL's ascent. Experts speculate that these airdrops could be the driving force propelling SOL towards the coveted $70 mark. Don't miss out on the free tokens and the potential for SOL to skyrocket! 🚀🔥 #AirdropSeason Solana vs Ethereum: The Battle Heats Up:Solana isn't just making waves; it's creating a tidal shift in the crypto space. Positioned as a formidable rival to Ethereum, Solana's appeal lies in its efficiency and speed. Will it surpass Ethereum in DeFi dominance? Only time will tell. 🕒🌐 #SolanaVsEthereum #BlockchainRevolutionConclusion:In a world where crypto trends are ever-evolving, Solana stands tall, dominating DeFi growth and captivating investors worldwide. With a surge in TVL, a soaring SOL token, and airdrops adding fuel to the fire, Solana's journey to $70 seems imminent. Buckle up, fellow investors; Solana is not just a blockchain; it's a revolution! 🚀💎 #InvestInSolana #CryptoRevolution $SOL #SolanaDeFi #SolanaPriceSurge