Bearish sentiment in the global crypto market has declined by over 35%. BTC and ETH seemed to be doing fine, while memecoins made the most of the situation.  Santiment’s latest tweet was quite interesting, as it gave good news regarding the start of the new quarter. A considerable uptick was registered in optimistic keywords likeContinue reading “Are BTC, ETH, and DOGE primed for a bullish Q2? Gauging…”

PancakeSwap V3 will drastically reduce fees compared to V2. CAKE’s TVL remained stagnant, but metrics and indicators looked bullish.  PancakeSwap [CAKE] announced the launch of its much-awaited PancakeSwap V3, bringing several new changes to the table. The DEX’s official tweet on 3 April confirmed that V3 was live on both BNB Chain and Ethereum [ETH]. Continue reading “As PancakeSwap V3 goes live on BNB Chain and Ethereum, CAKE reacted by…”

Fantom’s NFT space witnessed a boom, but development activity declined.  Whale interest in FTM also went down, and market indicators were bearish.  Fantom’s [FTM] NFT ecosystem has been active lately, with the Magiccats collection topping the chart in terms of the trading volume. As per Fantom Insider’s tweet, Magiccat’s volume increased by more than 40%Continue reading “Fantom’s Q1 was not perfect, but here’s what investors can look forward to”

CAKE’s revenue and fees were on a declining trend before v3’s launch. CAKE was ahead of UNI, but its price action was bearish. PancakeSwap’s [CAKE] launched PancakeSwap V3 on 3 April. The V3 introduced new features that would make DeFi accessible to more people than before. Earlier, in March, CAKE had mentioned that early supportersContinue reading “A health checkup of PancakeSwap [CAKE] as V3 launch draws near”

The Mumbai Protocol brings several changes and new features to the Tezos network.  XTZ’s price action was negative, but demand in the derivatives market was high.  Tezos [XTZ] registered a massive boost in its social engagement on 2 April 2023 as the metric exceeded the 26 million mark. The primary reason fueling this surge canContinue reading “Tezos: Assessing the state of XTZ post Mumbai Protocol activation “

Polkadots’s development activity was higher than others, but revenue and fees declined.  DOT’s price supported the bears as it went down by over 3% in the last 24 hours. Polkadot [DOT] maintained its number one spot on the list of blockchains in terms of monthly development activity. This was a commendable feat, as the blockchainContinue reading “How DOT can revive its declining fortunes, with the help of….”

Compressed NFTs will be launching on Solana soon, tweeted Solflare Wallet. A few metrics related to NFTs looked promising, but SOL has quite a few roadblocks ahead.  Solana’s [SOL] current state in the NFT market was not the best, with major collections like y00ts migrating to Polygon [MATIC]. y00ts, which was the most traded SolanaContinue reading “Solana’s NFT space can recover soon, but SOL’s troubles are far from over “

OP’s number of transactions and gas usage were in a declining trend.  The MVRV Ratio showed recovery, but market indicators were bearish.  Optimism’s [OP] network usage has been declining for quite some time. This was evident from Dune’s data, which pointed out a reduction in gas usage. The total number of transactions also fell, suggestingContinue reading “Optimism [OP] at mercy of bears, will RetroPGF 2 save it”

Polygon’s NFT space continues to grow as metrics surge considerably.  MATIC’s exchange reserve was high, suggesting increased selling pressure. In a tweet, Polygon [MATIC] revealed that y00ts, which recently announced migrating to the network, finished over 75% of its migration in just over 24 hours. Reportedly, more than $464,000 of secondary sales volume has beenContinue reading “Polygon: Achievements might take longer to reflect on MATIC’s price”

Fantom announced the launch of its Fantom Ecosystem Vault, a new fund that sought to empower Fantom builders FTM’s network value increased, and a few metrics looked bullish  Fantom’s [FTM] network health was not at its best at press time, as a few key metrics had declined. For instance, as per Dune, Fantom’s active addressesContinue reading “Can Fantom’s [FTM] updates help its network activity? What the metrics say”

FET launched a new feature related to its wallet named Notyphi. Apart from active addresses, network health remained decent and metrics looked bullish on FET.  The hype around AI tokens seemed to have faded. Inasmuch, Fetch [FET] witnessed a decline in key metrics. Santiment’s chart revealed a few concerning metrics for Fetch, which suggested decreasedContinue reading “Can Fetch’s [FET] declining trend end soon? This evidence suggests…”

The number of HBAR investors increased as HashPack’s wallet count spiked. MFI and CMF were bullish, but the rest suggested a continued downtrend. Hedera [HBAR] will upgrade the Hedera mainnet to v0.35.2 on 31 March. Twitter account Hedera Status mentioned that the upgrade would take approximately 60 minutes to complete, and users should expect someContinue reading “Why HBAR continues facing the heat despite Hedera’s network upgrade”