Litecoin’s number of transactions increased at an exponential rate over the last few days. Bitcoin’s high transaction fees could have been the driving force.
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BTC Ordinals’ daily number of inscriptions reached a new all-time high. Ordinals fees paid also followed the same trend and set a new record.
FLOKI’s price increased by over 11% in the last seven days, giving it a spot on the list of the top 100 cryptos by market cap. However, things might soon turn sour.
If XRP wins the lawsuit against the SEC, the possibility of exchanges re-listing XRP is high. These are the possibilities though…
Meme tokens and their ecosystems receive backing from Tron and BitTorrent. TRX responded positively by registering gains.
PEPE’s supply on exchanges has increased lately while its supply outside of exchanges has declined. Social volume remained high though.
Polygon’s zkEVM registered an uptick in terms of total value locked. However, MATIC’s price action was concerning; it went down by 2% over the last week.
BNB’s daily average transactions witnessed a massive boost compared to the previous week. Despite its achievements, BNB’s price action can remain dormant for a while.
Altcoin
Polygon [MATIC] steps up its game in terms of partnerships, but investors have reasons to worry
The last seven days were pretty eventful for Polygon, as pointed out by its co-founder. However, MATIC did not respond positively.
Polkadot’s weighted sentiments improved last week, and they can get better with this new partnership. However, DOT’s price was slow to respond to the update.
2023 can be a game changer for both Stellar and Ripple, and the upcoming updates can have notable impacts. ChatGPT also showed confidence in both XLM and XRP.
BNB’s April month’s achievement seemed to have continued in May as well. Santiment’s data revealed that its daily active addresses were considerably high.