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Solana's Remarkable Recovery: Top Three Altcoins to Watch
Solana’s Impressive Comeback and Ecosystem Highlights
#Solana has made a significant comeback in the crypto world. After being valued at just $8 in December 2022, its price has surged to around $178. This remarkable recovery has positively impacted various projects within the Solana ecosystem. As we look towards a potentially bullish end to 2024 for altcoins, here are three noteworthy projects on Solana:
Jupiter
Jupiter, Solana’s top swap aggregator, is doing exceptionally well. According to DeFi Llama, it has a total value locked (TVL) of $553 million, making it the sixth largest $DeFi project on Solana. Jupiter has seen substantial growth since the beginning of the year.
Token: JUP
Price: $1.10
Market Cap: $1.385 billion
Circulating Supply: 1.35 billion out of 10 billion max supply
Pyth Network
Pyth Network is a financial oracle that provides real-time price feeds for various assets, including $cryptocurrencies and commodities. It updates price data more frequently than competitors, ensuring high accuracy.
Token: PYTH
Price: $0.38
Market Cap: Just below $1.4 billion
Circulating Supply: 3.6 billion out of 10 billion max supply
io.net
io.net is a key player in decentralized cloud computing, offering decentralized GPU access for AI and machine learning applications. This approach offers cost efficiency, scalability, and immediate access compared to centralized options.
Token: io
Price: $2.79
Market Cap: $278 million
Circulating Supply: 95 million out of 800 million max supply
#Solana has made a significant comeback in the crypto world. After being valued at just $8 in December 2022, its price has surged to around $178. This remarkable recovery has positively impacted various projects within the Solana ecosystem. As we look towards a potentially bullish end to 2024 for altcoins, here are three noteworthy projects on Solana:
Jupiter
Jupiter, Solana’s top swap aggregator, is doing exceptionally well. According to DeFi Llama, it has a total value locked (TVL) of $553 million, making it the sixth largest $DeFi project on Solana. Jupiter has seen substantial growth since the beginning of the year.
Token: JUP
Price: $1.10
Market Cap: $1.385 billion
Circulating Supply: 1.35 billion out of 10 billion max supply
Pyth Network
Pyth Network is a financial oracle that provides real-time price feeds for various assets, including $cryptocurrencies and commodities. It updates price data more frequently than competitors, ensuring high accuracy.
Token: PYTH
Price: $0.38
Market Cap: Just below $1.4 billion
Circulating Supply: 3.6 billion out of 10 billion max supply
io.net
io.net is a key player in decentralized cloud computing, offering decentralized GPU access for AI and machine learning applications. This approach offers cost efficiency, scalability, and immediate access compared to centralized options.
Token: io
Price: $2.79
Market Cap: $278 million
Circulating Supply: 95 million out of 800 million max supply
Goldman Sachs, a leading global investment bank, has revealed it holds $418 million in various Bitcoin-related ETFs. This significant move highlights the increasing institutional confidence in #cryptocurrency. As a recruiterin the industry, I see this as a strong signal that the demand for top talent in blockchain and #crypto is set to rise. If you're ready to advance your career and join this fast-growing sector, let's connect!
#BinanceHODLerBANANA #BinanceTurns7 #BinanceLaunchpoolTON
#BinanceHODLerBANANA #BinanceTurns7 #BinanceLaunchpoolTON
🚀ETH Finds Key Support at 0.382 Fibonacci Level🚀
Ethereum's price has once again stabilized at the 0.382 Fibonacci level after rebounding to $3,580 in March. This support point has proven strong, signaling potential bullish momentum ahead.
#EthereumETFApprovalExpectations #CPI #Bitcoin #BinanceHODLerBANANA #BinanceTurns7
Ethereum's price has once again stabilized at the 0.382 Fibonacci level after rebounding to $3,580 in March. This support point has proven strong, signaling potential bullish momentum ahead.
#EthereumETFApprovalExpectations #CPI #Bitcoin #BinanceHODLerBANANA #BinanceTurns7
🚨 **BTC Price Action Analysis Post-CPI** 🚨
The BTC$BTC price action after yesterday's CPI data was anything but promising. We witnessed a classic scam pump, triggering stop losses above 61.5K, only to see an immediate dump through the 60K support—a clear bearish sign.
Take note of the red zone. It’s evident that sellers are aggressively TWAPing out. Every bounce is being sold into, and that’s not a positive sign for bulls.
The 57.7K support is still holding, but it’s looking shaky. If it breaks, we could see a slide down to 54K. Bidding here could be risky unless BTC can firmly hold above support.
Stay vigilant and trade smart.
#BinanceLaunchpoolTON #LowestCPI2021 #BinanceHODLerBANANA #BinanceTurns7 #MarketDownturn
The BTC$BTC price action after yesterday's CPI data was anything but promising. We witnessed a classic scam pump, triggering stop losses above 61.5K, only to see an immediate dump through the 60K support—a clear bearish sign.
Take note of the red zone. It’s evident that sellers are aggressively TWAPing out. Every bounce is being sold into, and that’s not a positive sign for bulls.
The 57.7K support is still holding, but it’s looking shaky. If it breaks, we could see a slide down to 54K. Bidding here could be risky unless BTC can firmly hold above support.
Stay vigilant and trade smart.
#BinanceLaunchpoolTON #LowestCPI2021 #BinanceHODLerBANANA #BinanceTurns7 #MarketDownturn
$SOL is showing signs of recovery after establishing support around $144.00. The next resistance target is at $149.00. If the bullish momentum weakens, we might see a retest of the $144.00 support level. Our analysis suggests that $SOL could maintain its upward trajectory if current conditions persist.
#BinanceLaunchpoolTON #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7
#BinanceLaunchpoolTON #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7
If we get positive market reaction to CPI today then #Solana should test $163 fairly quickly.
#CryptoMarketMoves #BinanceHODLerBANANA #BinanceTurns7 #HamsterKombat
#CryptoMarketMoves #BinanceHODLerBANANA #BinanceTurns7 #HamsterKombat
The ZEW Indicator of Economic Sentiment in Germany is deteriorating rapidly 🇩🇪:
July: 41.8 points
August: 19.2 points
The Eurozone Economic Sentiment is also declining 🇪🇺:
July: 43.7 points
August: 17.9 points
#BinanceLaunchpoolTON #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7 #MtGoxJulyRepayments
July: 41.8 points
August: 19.2 points
The Eurozone Economic Sentiment is also declining 🇪🇺:
July: 43.7 points
August: 17.9 points
#BinanceLaunchpoolTON #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7 #MtGoxJulyRepayments
July PPI inflation falls to 2.2%, below expectations of 2.3%.
Core PPI inflation falls to 2.4%, below expectations of 2.7%.
In another constructive sign, PPI inflation is now at its lowest level since March 2024.
#CryptoMarketMoves #BinanceTurns7 #BinanceHODLerBANANA #BinanceLaunchpoolTON #SahmRule
Core PPI inflation falls to 2.4%, below expectations of 2.7%.
In another constructive sign, PPI inflation is now at its lowest level since March 2024.
#CryptoMarketMoves #BinanceTurns7 #BinanceHODLerBANANA #BinanceLaunchpoolTON #SahmRule
El Salvador secures a historic $1.6 BILLION private investment from Yilport Holding to modernize the port at Acajutla and build a new port at La Union, near the planned Bitcoin City. $
#ElSalvadors #Bitcoin #Crypto #Investment #BitcoinCity
#ElSalvadors #Bitcoin #Crypto #Investment #BitcoinCity
Despite the recent crash, the golden cross/bullish cross remains in the monthly chart of the Totalmarketcap. Last time we saw something like this was in 2020 and that was also the start of the most exciting part of the whole cycle.
#CryptoMarketMoves #SahmRule #BinanceHODLerBANANA #BinanceTurns7 #MtGoxJulyRepayments
#CryptoMarketMoves #SahmRule #BinanceHODLerBANANA #BinanceTurns7 #MtGoxJulyRepayments
Metaplanet acquires an additional 500 million yen worth of #Bitcoin!
#BinanceHODLerBANANA #BinanceTurns7
#BinanceHODLerBANANA #BinanceTurns7
Important Update: Binance to Begin Converting Monero to USDC on Sept 2
Back in February, Binance announced that it would be delisting Monero (XMR), and that process was completed later that same month. Now, Binance has revealed the final steps for removing this privacy coin from its platform.
In a blog post on August 12, Binance stated that it will convert the balances of Monero and 14 other tokens to USD Coin (USDC) on September 2, 2024. The conversion will be finished, and the USDC will appear in users' wallets by March 1, 2025.
According to the announcement, the conversion rate for these tokens will be based on their average exchange rate between September 2, 2024, and March 1, 2025.
The other tokens affected by this change, besides Monero, include Bitcoin Gold (BTG), Bitcoin Standard Hashrate Token (BTCST), Bitshares (BTS), District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA), Symbol (XYM), and Tribe (TRIBE).
#CryptoMarketMoves #BinanceHODLerBANANA #BinanceTurns7 #WBTCUnderScrutiny #BlackRockETHOptions
In a blog post on August 12, Binance stated that it will convert the balances of Monero and 14 other tokens to USD Coin (USDC) on September 2, 2024. The conversion will be finished, and the USDC will appear in users' wallets by March 1, 2025.
According to the announcement, the conversion rate for these tokens will be based on their average exchange rate between September 2, 2024, and March 1, 2025.
The other tokens affected by this change, besides Monero, include Bitcoin Gold (BTG), Bitcoin Standard Hashrate Token (BTCST), Bitshares (BTS), District0x (DNT), Groestlcoin (GRS), Hegic (HEGIC), MobileCoin (MOB), Monetha (MTH), Multichain (MULTI), Navcoin (NAV), Sologenic (SOLO), Spartan Protocol (SPARTA), Symbol (XYM), and Tribe (TRIBE).
#CryptoMarketMoves #BinanceHODLerBANANA #BinanceTurns7 #WBTCUnderScrutiny #BlackRockETHOptions
#Bitcoin network hashrate has hit a fresh record-high.
Network hashrate is at 627 EH/s, recovering from a 8.5% drawdown.
#SahmRule #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7
Network hashrate is at 627 EH/s, recovering from a 8.5% drawdown.
#SahmRule #BinanceHODLerBANANA #HamsterKombat #BinanceTurns7
Donald Trump and Elon Musk will have a Live conversation on 𝕏 which is unscripted with no limits on subject matter at 8pm ET today. Trump recently attended the #Bitcoin 2024 conference and expressed full support for cryptocurrency. Musk recently said that he does not intend to promote any #cryptocurrency
#BinanceTurns7 #BinanceHODLerBANANA #BlackRockETHOptions
#BinanceTurns7 #BinanceHODLerBANANA #BlackRockETHOptions
#Bitcoin Has opened up with yet another gap this week.We closed the other two big gaps we had with last week's gap close also marking the local top at ~$63KWe now have a new gap sitting above us at ~$61K.Reminder, these gaps don't HAVE to get closed but they do tend to.
#MtGoxJulyRepayments #BinanceTurns7 #BinanceHODLerBANANA #MarketDownturn
#MtGoxJulyRepayments #BinanceTurns7 #BinanceHODLerBANANA #MarketDownturn
The perfect setup for a $ETH short squeeze 👀
#MarketDownturn #BinanceHODLerBANANA #BinanceTurns7 #MtGoxJulyRepayments #SahmRule
#MarketDownturn #BinanceHODLerBANANA #BinanceTurns7 #MtGoxJulyRepayments #SahmRule
Chainlink ($LINK) has hit a new low against Bitcoin, showing weak performance. However, if the price starts to recover and can climb back above 0.0002000 BTC, it could signal the start of a strong upward trend. We'll need to see if it can break through and stay above that level to confirm a potential rally.
#MtGoxJulyRepayments #BinanceTurns7 #MarketDownturn #BinanceHODLerBANANA #XRPVictory
#MtGoxJulyRepayments #BinanceTurns7 #MarketDownturn #BinanceHODLerBANANA #XRPVictory
$SATS price has been on an upward trend, gaining about 10% in value over the past day, with a trading volume of $101.46 million, reflecting a 17.96% increase. Over the past week, it has risen by 18.35%, and in the last month, it has jumped by 39.28%.
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
#TONonBinance #XRPVictory #MarketDownturn #SahmRule #BlackRockETHOptions
The market may retest the $59,000 level, but this isn’t a major concern at the moment unless significant negative news emerges. We are on the verge of entering a bullish phase. If the market holds above $61,000 for a few consecutive days, there is a strong possibility of initiating a bullish trend.
#BinanceHODLerBANANA #BinanceTurns7 #MtGoxJulyRepayments #MarketDownturn #XRPVictory
#BinanceHODLerBANANA #BinanceTurns7 #MtGoxJulyRepayments #MarketDownturn #XRPVictory
#BITCOIN on Daily TF, had a very what is the time moment and made a back and forth move within the zone. right now price holding above the support and on a retest now. By next week we can expect some upmove.
#BinanceTurns7 #BinanceHODLerBANANA #Babylon_Mainnet_Launch #CryptoNewss
#BinanceTurns7 #BinanceHODLerBANANA #Babylon_Mainnet_Launch #CryptoNewss
