MATIC’s price is up 16% in the past 24 hours and this is akin to how MATIC’s price has rallied previously. Traders have attributed MATIC’s price rally to the increased demand and users for ETH network following the launch of L2. Based on network activity and the transaction volume of both ETH and its scalingContinue reading “This could be the ideal strategy for MATIC”

At a time of recovery of altcoins, ADA has hit 1,000,000 wallets, and it is likely that staking will increase as the rewards are hitting a peak. The network’s protection is anticipated to hit higher as volume of staked ADA increases and the price is up to the $1.72 level, after a rally of overContinue reading “The strategy for Cardano HODLers has changed?”

The recovery in the price of top altcoins is slower than anticipated following the bloodbath of the past weekend. Several factors led to the dip, one of the key factors was volatility. A sudden drop in volatility of top altcoins led to a dip, this was evident from the social volume. The current altcoin bloodbathContinue reading “Cardano, XRP, BNB, LINK: Look at these metrics for signs of recovery”

Binance Smart Chain recently flipped Ethereum in activity metrics including the number of transactions per day, unique active addresses. If this continued, consistently, Binance Coin can be the number one altcoin, replacing Ethereum. This has emerged as a possibility since the market capitalization of Binance Coin has increased. It has increased nearly 20% since the recovery,Continue reading “What are the chances of this Ethereum flippening?”

Ethereum price has increased nearly 14% in the past 24 hours and the altcoin is trading at the $2400 level. Following a drop below $2000, the recovery needed to hit a key support level above $2000. The increasing trade volume, up over 60% in the past 24 hours, signaled that a rally is underway. LessContinue reading “Ethereum’s current price level is one of the remaining few opportunities for this!”

XRP price recovery is underway after the altcoin bloodbath over the weekend. XRP is currently trading at the $0.95 level, after nearly 7% increase in the past 24 hours. XRP has started its recovery based on price data from coinmarketcap.com, alongside Binance Coin, Ethereum and other altcoins in top 25. Additionally, XRP ranks among theContinue reading “Here’s the status on XRP’s price recovery”

Ethereum’s recovery is well underway, with the price holding near the $2000 level. Despite a price drop of nearly 45% in the past week, over 85% ETH HODLers are profitable at the current price level. The number of large transactions dropped over the past week, there were $193.39 Billion worth of large transactions on theContinue reading “These 3 factors will determine if Ethereum’s recovery will be sustainable”

The rise in SUSHI’s social volume has started a rally in price. SUSHI is now trading at the $10.85 level and the market capitalization was up nearly 5%. The number of transfers on SUSHI network has increased consistently and hit an 8-month high of 322.66. SUSHI has emerged as a key price gainer in theContinue reading “CAKE, Chainlink, SUSHI: One of these altcoins indicates this price trajectory”

Altcoins are recovering from the bloodbath, however the recovery is slow and there are specific signs pointing towards it. Altcoins in the top 25 have noted a drop in price and social volume, the trade volume has increased consistently. Ethereum, Cardano, Binance Coin, Dogecoin, XRP and Polkadot’s price has dropped by over 30% in theContinue reading “Ethereum, Cardano, BNB, XRP and Polkadot: Watch out for these recovery signs”

Binance Smart Chain has flipped Ethereum’s on-chain activity, based on latest statistics from bscscan.com. These transactions, that would otherwise have been on Ethereum burning ETH in transaction fees, if EIP1559 was active. In fact, it may even be flash loan season on Binance Smart Chain. With BNB staking on Binance Chain, traders are offered stableContinue reading “What does the the latest ‘flippening’ mean for Ethereum?”

Ethereum has become the engine for many other crypto-applications, from DeFi to NFTs. ETH’s recent price rally, the one followed by a bloodbath, has increased the % supply of ETH on spot exchanges. That being said, however, it hasn’t recovered completely. ETH, at press time, was trading at the $2,671-level. While the price was observedContinue reading “Despite price drop, around 93% of Ethereum investors are still facing this”

Following the latest altcoin bloodbath, billions were wiped off the crypto-market cap, with the same being the case for Bitcoin and the industry’s altcoins. In fact, recovery has been slower than anticipated for most altcoins in the top-25. On the contrary, altcoins like ICP, WAVES, and MATIC have emerged to recover at a quicker pace.Continue reading “ICP, MATIC, WAVES – Which of these alts can lead the recovery phase?”