The crypto market is finally improving, and that too at a steady pace, which is imbuing investors with confidence. This bullishness is also reflected in the growth of the altcoins, with some even making their way to new highs.

Smart money investors have sold some popular cryptocurrencies during the ongoing crypto bear market. At the same time, on-chain data shows that these smart money pros are buying the dip in some cryptocurrencies.

Trading activity across the crypto market has once again slowed over the past 24 hours. This has contributed to a significant decline in the total market capitalization, which has dropped by over $50 billion.

Solayer (LAYER) has become one of the most discussed coins in recent days. The number of posts mentioning it on social networks has reached its maximum.