A highly regarded cryptocurrency trader foresees additional price surges in store for the smart contract platform Avalanche (AVAX) and the artificial intelligence (AI)-centric altcoin Fetch.ai (FET).
Within a mere 24 hours, Bonk (BONK), a dog-themed meme token on the Solana (SOL) network, has witnessed an impressive price surge of over 40%, catapulting it ahead of its competitor, Shiba Inu (SHIB), in daily trading volume.
A significant surge in an Ethereum (ETH)-based gaming altcoin was triggered by a crypto whale transferring a large quantity of tokens off an exchange, as revealed by on-chain data, highlighting the impact of major investors on cryptocurrency market dynamics.
According to CoinShares, a digital assets management firm, Solana (SOL), a prominent Ethereum (ETH) competitor, has gained significant favor among institutional investors amid the escalating enthusiasm for Bitcoin (BTC) exchange-traded funds (ETFs) within the cryptocurrency market.
CoinShares, a digital assets management firm, reports that institutional investors are showing strong interest in XRP, Solana (SOL), and another Ethereum (ETH) competitor in the early months of 2023.
The latest findings from blockchain analytics firm Santiment show that Cardano (ADA), a prominent Ethereum (ETH) competitor, has recently surged to the number one position in development activity rankings.
FTX liquidation not expected to flood crypto market according to Coinbase research head. The upcoming liquidation of bankrupt cryptocurrency exchange FTX will likely be handled in an orderly manner that prevents sudden sell-off of assets, reducing impact on overall crypto market.