NEAR Protocol is a highly scalable and user-friendly blockchain platform that uses sharding technology to handle a large number of transactions efficiently. Ai and Zero emissions.
$ETH A bad news for ETH Holder: Ethereum's exchange supply has dropped to its lowest level since 2016, raising speculation about a potential price surge due to a supply squeeze
A good News for ETH Holder: Ethereum's Pectra Upgrade is set to roll out its first testnet on February 24th. Some analysts speculate that this could help Ethereum reach the $10,000 mark, although market volatility and regulatory risks are still concerns.
$FTT FTX, the cryptocurrency exchange that filed for bankruptcy in November 2022, has announced a repayment plan to distribute $16 billion to its creditors starting January 3, 2025, February 18, 2025. The full-on repayment process will begin with claims under $50,000, and larger claims will follow later in the year Creditors are expected to recover up to 119% of their claims.
if this is really true, this is massive news for crypto!!
$SOLV isn't a bad project but people are overvaluing it. if founders stay focused on the project it will hit the moon in futures but not like within a month or 3/4 months.
and from my point of view currently it's trading really low.
price should be in between 0.075-0.10. as per market cap and circulation.
Ethereum (ETH): As the second-largest cryptocurrency by market cap, Ethereum is the backbone of decentralized finance (DeFi) and NFT ecosystems. Its transition to Ethereum 2.0 has improved scalability and reduced energy consumption. Total supply 120M. Purpose: Smart Contracts, Decentralized Applications, Decentralized Finance, Token Creation, Flexibility- create new use cases.
Solana (SOL): Known for its scalable infrastructure and high transaction speeds, Solana is a strong contender for long-term investments. It has shown resilience and steady growth in the market. Total Supply 486M. Purpose: Scalability, Low Transaction Costs, dApps, Proof of History, Ecosystem Growth
Ripple (XRP): With its utility in cross-border payments and growing adoption among financial institutions, XRP is a top pick for those looking at practical applications. Total supply 100B. Purpose: Cross-Border Payments, Liquidity Provision, Interbank Transfers, Scalability, Regulatory Compliance, Global payment infrastructure.
Cardano (ADA): Cardano focuses on scalability and eco-friendly solutions. Its ongoing development and real-world applications make it a viable option for investors. Total Supply 45B. Purpose: Scalability, Interoperability, Sustainability (less power consumption), Academic research, RWA support including SCM, Identity verification,
Binance Coin (BNB): As the native coin of the Binance exchange, BNB offers utility within the Binance ecosystem and has shown consistent growth and utility. Total Supply 200M Now 142M, BNB burn till 100M. Surprising BNB have all Trading Fees, Binance Smart Chain, Deflationary system. Web3
In this super flaunted market you should always keep your eye on inflow and outflow. BTC see 20k+ outflow in last 24 hours
and what is this indicate ??
Inflow: When cryptocurrencies are moved into exchanges, it often indicates that holders might be preparing to sell. This can be seen as a sell signal because an increase in supply can potentially drive prices down.
Outflow: When cryptocurrencies are withdrawn from exchanges, it often suggests that holders are moving them to personal wallets for long-term storage or other uses. This can be seen as a buy signal because a decrease in supply can potentially drive prices up.
Can Avalanche (AVAX) Ever Hit $1,000? Here Is A Rational Answer. AVAX reaching $1,000 is a very ambitious price target, bordering on unrealistic.
To understand the enormity of AVAX reaching $1,000, we must examine its implications for market capitalization.
With a circulating supply of around 350 million tokens, a $1,000 price would mean a market cap of approximately $350 billion.
This valuation would place Avalanche among the top global companies and represent a significant portion of the entire cryptocurrency market cap. Avalanche (AVAX) has gained attention as a fast, highly scalable Layer 1 blockchain with unique technological features. #AvalancheAVAX
EOS is a blockchain platform supporting decentralized applications (dApps) and smart contracts. Its price is influenced by factors like supply (total/ circulating supply, staking), demand (dApp adoption, partnerships), market conditions (regulations, competition), network health (security, governance), and technological advancements, alongside broader crypto market trends and liquidity.