The Sandbox’s native SAND token is beginning to retrace back to realized price. SAND was experiencing an unusual price boom last week with a 100% jump. Skeptics were expecting the bubble to burst sooner or later. Over the course of the week, SAND dropped by 18.9% to $1.19 at press time. The current price dropContinue reading “Rationale behind ‘why SAND is capitulating after 100% gains’”

The legal battle with the SEC is not the only issue that has been receiving quite a turnaround where Ripple is concerned. XRP just hit a new milestone. The number of unique addresses interacting on the network exceeded 247k count during a four-hour window period. As per Santiment, this is the highest spike on theContinue reading “Ripple [XRP] investors should know this before going short”

Ethereum [ETH] has witnessed quite a difficult journey in July. The alt’s price hit as low as $1,040 and then scorched up to $1,640 within a period of three weeks. Such a price change of over 58% is a rare anomaly in major chains, such as Bitcoin [BTC] and Ethereum. But the latest ugly startContinue reading “Ethereum: These metrics can give aggressive traders some clarity”

Amid crypto market bearish turmoil, Solana’s active validator count has reached an impressive figure of 1,875 recently. This goes on to show how this blockchain is far more secured and decentralized than others in the crypto industry. What’s more impressive is that Solana touched a count of 1,000 active validators just over a year ago.Continue reading “Solana reaches new milestone- Is it time for investors to go long”

Despite a tricky start to the week, Uniswap has managed to stay on the course of its upward trajectory. This is in part to the growing whale activity on Uniswap this month. Since 8 July, wallets holding between 10,000 and one million UNI coins have collectively added 10.74 million more UNI tokens to their holdings.Continue reading “Why Uniswap was rising ‘in an otherwise slightly down Monday’”

Optimism, the Layer-2 scaling solution, is one that was hit by a massive bear wave over the last weekend. However, that’s not all there may be in store. Optimism may be on the verge of a breakthrough after the release of some major updates. As per a tweet published by OP Labs, the organization introducedContinue reading “Optimism might see OP go high after these developments”

A prominent on-chain metric is suggesting that Bitcoin could yet form a long-term bottom soon. The difficulty of mining a Bitcoin block recently saw the most significant negative decrease since 3 July 2021. Another day, another drama Miners’ capitulations and sell-off have affected the Bitcoin mining difficulty. The drop is also linked to the heatwaveContinue reading “Bitcoin traders looking forward to making money can go…”

Solana appears to have come out of the ashes of the second quarter this year. SOL took a major blow which is understandably in tandem with the larger crypto market. The network has, however, posted significant increases in several areas of the ecosystem. Work in progress The Solana ecosystem has posted a rare positive updateContinue reading “Solana: Network upticks present rare victory for SOL traders”

The news of the Ethereum Merge pumped up optimism on the network. However, ETH, at press time, was consolidating above $1600 as the Merge craze started easing coming into the weekend. In the current relief rally, ETH has outperformed the king coin by achieving a 19.07% increase in the last seven days. Now, the questionContinue reading “Ethereum’s [ETH] Merge talk investors shouldn’t miss out on”

The recent crypto credit crisis has shown the resilience of DeFi protocols as opposed to centralized lenders. Among those is Uniswap which has managed to stay afloat in these intense market conditions. Up and away Uniswap took big blows during the recent crypto winter much akin to the broader crypto industry. But it has startedContinue reading “Uniswap [UNI] becomes leading DeFi DEX but here’s the issue”

The past week or so has been a delight for crypto enthusiasts with market trends seeing reversals. Some protocols are beginning to resurge after being blanked out by the crypto winter. STEPN is one such project. Interestingly, the STEPNNFTs collection has surged 800% in sales volume in the past week. The NFT markets are startingContinue reading “STEPNNFT surges 800% in sales volume- What could it mean for GMT”

The SEC and Ripple legal battle appears to be entering a crucial phase after the former’s latest appeal. The regulatory body has filed a motion for a 30-page brief and a 10-page reply to object to Judge Torres’ ruling on the speech drafts. As reported earlier, Judge Torres had ordered the SEC to disclose Hinman’sContinue reading “XRP lawsuit: Decoding SEC’s filing of latest motion to extend briefing”