Solana is holding its dominance in decentralized finance with a striking performance in July. Reports indicate that DEX activity on its network hit $124 billion during the month, extending a winning streak against Ethereum to 10 straight months. Analysts say this gives Solana a 40% edge over its rival in this segment, signaling a clear…
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Altcoin Season Index Spikes Above 30, But Bitcoin Dominance Remains High, What Next?
The altcoin season has remained elusive because Bitcoin has continued to dominate the market. Even now, the largest cryptocurrency by market cap is still in the lead and continues to determine the direction of the rest of the crypto market. However, there is a turn in the tide coming as more altcoins begin to play…
The Return Of Altcoin Season: Why Bitcoin Dominance Must Fall To 62%
One of the reasons that the altcoin season seemed to not have begun until now is the fact that Bitcoin has dominated the market recovery, and thus, the BTC dominance remains very high. For the altcoin season to actually begin, past market performances show that there needs to be a major decline in the Bitcoin…
‘Judgment Day Is Coming’—XRP Set To Explode, Analyst Warns
Ripple’s ongoing lawsuit with the US SEC is moving through the courts, and some in the XRP community say “judgment day” is close. XRP pushed past $2 late last year, only to slip back under that mark recently. For most of 2024, it hovered near $0.50, a range many traders saw as a barrier. Now,…
Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap?
According to blockchain data, a new Solana token named Eric Trump shot up 6,200% in just 24 hours. It sprang to life on May 16 via the Pump.fun launchpad and swelled to a market cap of 140 million. Traders piled in fast, but on‑chain detectives noticed more than 80% of the supply parked in just…
XRP Breakout On Hold? Financial Expert Reveals What’s Missing
XRP remains stuck around the $2 level, with experts issuing warnings of restricted near-term growth prospects. According to recent analysis, the digital currency is going through a phase of uncommon stability that has investors speculating about its next step. Investor Sentiment Dampens Market Momentum According to financial commentator Austin Hilton, millions of crypto traders have…
XRPL Hits 2.8 Billion Flawless Transactions—Big Players Are Paying Attention
Blockchain technology is receiving a boost with the XRP Ledger, based on recent findings from industry observers. The system has handled over 2.8 billion transactions without any security failure, which has caught the eye of financial institutions globally. Institutions Are Taking Notice According to Jasmine Cooper, RippleX Head of Product, the effectiveness of XRPL is…
Solana Faces Double Trouble: 55% Network Drop And Price Woes
SOL, the native token of the Solana network, is one of the worst-performing cryptos in recent days. Once the darling of the meme coin crowd, the popular blockchain is facing its toughest test yet with its massive price drop and dip in network activity. SOL is currently trading at $173, but it’s down nearly 10%…
