babyuo
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What is your rating for these currencies, are they rising or falling? cream#snt bnx# strk# zen# banana
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Let's analyze BTC Is it recovering#BTC$BTC#BinanceBlockchainWeek#Binance
Fundamental analysis:
1. Current price: $53,859.40.
2. Change: Down 5.07%, $2,875.14 in the last 24 hours.
3. Trading volume:
• Bitcoin: 53,873.56 BTC.
• USD: 2.95 billion USDT.
Technical analysis:
1. Moving averages:
• MA(5): 6.67310
• MA(10): 6.36093
• MA(60): 53,857.52 (approximately at current price).
2. Chart: Shows significant price volatility with an attempt to recover after a sharp decline.
Advice:
The market looks volatile at the moment. If you are considering trading, it may be wise to wait for more stable signals or use stop loss orders to reduce risk.
Fundamental analysis:
1. Current price: $53,859.40.
2. Change: Down 5.07%, $2,875.14 in the last 24 hours.
3. Trading volume:
• Bitcoin: 53,873.56 BTC.
• USD: 2.95 billion USDT.
Technical analysis:
1. Moving averages:
• MA(5): 6.67310
• MA(10): 6.36093
• MA(60): 53,857.52 (approximately at current price).
2. Chart: Shows significant price volatility with an attempt to recover after a sharp decline.
Advice:
The market looks volatile at the moment. If you are considering trading, it may be wise to wait for more stable signals or use stop loss orders to reduce risk.
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The numbers reinforce Solana’s position among the top networks, as the figure reflects its ability to efficiently process a large volume of transactions in terms of speed and cost.
After Solana, Aptos came in second place with a total of 578 million transactions during August, indicating the increasing adoption of this network and its ability to compete with prominent networks.
Tron followed, which ranked third with 225 million transactions, highlighting its established presence in the market.
Both Aptos and Tron have shown continued high levels of transactions, reflecting their resilience in a competitive environment.
Newcomers are making rapid progress:
On the other hand, some emerging blockchain networks such as Sei and Base have seen significant progress, with the former recording 127 million transactions and the latter 121 million transactions, placing them among the top performing networks during the month.
These numbers indicate that new players are gaining momentum quickly and may become competitors in the blockchain ecosystem.
Near Protocol and Sui also took top spots in the top 10, with 198 million and 103 million transactions, respectively, indicating potential changes in the rankings of prominent networks.
Meanwhile, well-known blockchains such as BNB Chain and Polygon continued to perform strongly, recording 105 million and 93.5 million transactions, respectively, in August.
These consistent performances reflect their market positions, serving a wide range of decentralized applications.
Injective and Arbitrum also maintained their competitiveness, with 80.5 million and 56.5 million transactions, respectively.
At the bottom of the top 15, Ethereum, often considered the benchmark for blockchain activity, registered 33.9 million transactions.
Despite its decline compared to newer platforms, Ethereum’s presence remains strong, underscoring its continued influence in the decentralized finance (DeFi) sector.
TON, Celo, and Blast rounded out the list with 45.8 million, 33.2 million, and 30.8 million transactions, respectively.
$SOL
After Solana, Aptos came in second place with a total of 578 million transactions during August, indicating the increasing adoption of this network and its ability to compete with prominent networks.
Tron followed, which ranked third with 225 million transactions, highlighting its established presence in the market.
Both Aptos and Tron have shown continued high levels of transactions, reflecting their resilience in a competitive environment.
Newcomers are making rapid progress:
On the other hand, some emerging blockchain networks such as Sei and Base have seen significant progress, with the former recording 127 million transactions and the latter 121 million transactions, placing them among the top performing networks during the month.
These numbers indicate that new players are gaining momentum quickly and may become competitors in the blockchain ecosystem.
Near Protocol and Sui also took top spots in the top 10, with 198 million and 103 million transactions, respectively, indicating potential changes in the rankings of prominent networks.
Meanwhile, well-known blockchains such as BNB Chain and Polygon continued to perform strongly, recording 105 million and 93.5 million transactions, respectively, in August.
These consistent performances reflect their market positions, serving a wide range of decentralized applications.
Injective and Arbitrum also maintained their competitiveness, with 80.5 million and 56.5 million transactions, respectively.
At the bottom of the top 15, Ethereum, often considered the benchmark for blockchain activity, registered 33.9 million transactions.
Despite its decline compared to newer platforms, Ethereum’s presence remains strong, underscoring its continued influence in the decentralized finance (DeFi) sector.
TON, Celo, and Blast rounded out the list with 45.8 million, 33.2 million, and 30.8 million transactions, respectively.
$SOL
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Go to my page and you will find a gift of $6C3B2903
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#MyFirstSquarePost I recently joined Binance Square, and I'm excited to share and connect with everyone here!