Binance and Polygon saw more unique addresses than other chains. TVL and volume reduced despite the number of unique addresses. As a researcher with experience in blockchain analysis, I find the data on Binance Smart Chain (BSC) and Polygon (MATIC) intriguing. While it’s true that both platforms have seen an impressive number of unique addresses, … Read more
XRP has tanked 20% on a year-to-date (YTD) basis. Key whale cohorts were seen accumulating XRPs at discount. As a researcher with a background in cryptocurrencies and market analysis, I’ve closely monitored XRP‘s performance over the past few weeks. The latest 20% decline in its year-to-date (YTD) value has raised concerns about its future prospects. … Read more
As an experienced analyst, I see the recent development in the digital asset market, particularly in the treasury fund segment, as an exciting trend that could potentially revolutionize the way we manage and trade financial assets. The surpassing of Franklin Templeton’s product by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) on Ethereum, Polygon, Solana, and … Read more
Solana is expected to bounce higher shortly and establish a range Market turbulence could drag prices below the key support level just below the current market price As an experienced analyst, I believe Solana (SOL) is poised for a bounce higher in the near term and establish a range. However, market turbulence could drag prices … Read more
BNB may retest support below $500. Its futures open interest has fallen by over 20% in the past two weeks. As a seasoned analyst with extensive experience in the crypto markets, I believe that Binance Coin (BNB) may face a significant price decline below the $500 mark. The coin’s price has been attempting to fall … Read more
Bitcoin transactions have dropped. Miners are currently underpaid as Runes transactions dropped. As a researcher with extensive experience in blockchain analysis, I have closely monitored Bitcoin’s [BTC] transaction trends and miner revenue. Following the Bitcoin halving event, Runes emerged as a significant contributor to network activity, resulting in substantial fees for miners. However, the impact … Read more