Polygon zkEVM’s transaction volume reached a new all-time high along with a massive surge in its TVL. MATIC, however, was trading over 2% lower than last week.
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Solana’s NFT trade count and trade volume in USD increased considerably over the last week. SOL’s demand in the futures market was also high
Polkadot’s NFT ecosystem witnessed growth last week both in terms of trade counts and partnerships. DOT’s market indicators were bullish, suggesting a trend reversal
Shiba Inu and PancakeSwap both registered massive upticks in terms of their burn rate. However, CAKE’s price action still remained bearish.
Bitcoin miners’ balance reached a new 4-month high. Though a few BTC’s metrics were bullish, the rest suggested otherwise
Shina Inu becomes the top crypto in terms of trending searches on LunarCrush. SHIB’s on-chain metrics were encouraging, but market indicators remained bearish.
Despite an increase in the number of buyers, Polygon’s NFT trade count and trade volume in USD plummeted last month. However, Polygon’s latest integration can change the flow of the wind.
Polkadot governance can play a crucial role in the blockchain’s future. But can it help DOT’s price trajectory.
Shiba Inu’s social dominance declined last week, indicating less popularity for the memecoin. Though the RSI was oversold, the rest of the indicators were bearish.
PancakeSwap v3’s performance was commendable, but CAKE’s price decreased by more than 25% in the last seven days. But its RSI was oversold.
PEPE’s performance outshined SHIB since its launch. Though PEPE was trending #1 on CoinMarketCap, metrics indicated a price decline
Bitcoin’s BitMEX funding rate turned red. It can be good news for BTC, as historically, BTC’s price has increased when the funding rate declined.