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news-imageSeptember 6, 2024

Ethereum ($ETH), Binance Coin ($BNB), and Solana ($SOL) ready to bounce strongly

With the whole crypto market on tenterhooks, and the U.S. non-farm payroll data expected later on Friday, sentiment is still decidedly bearish. That said, isn't it at times like these that bottoms occur?
Publisher: Crypto Daily
Sentiment: Positive
BNB
ETH

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cover-imageBenzinga
January 14, 2025

Bitcoin, Ethereum, XRP, Dogecoin Move Higher Ahead Of Inflation Data Wednesday

Cryptocurrency markets are seeing gains across the board despite ongoing ETF outflows, indicating underlying strength in the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,344.48 +4.7% Ethereum (CRYPTO: ETH) $3,201.80 +6.2% Solana (CRYPTO: SOL) $186.30 +5.2% XRP (CRYPTO: XRP) $2.65 +7.9% Dogecoin (CRYPTO: DOGE) $0.3527 +8.6% Shiba Inu (CRYPTO: SHIB) $0.00002138 +5.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 34.7% and daily active addresses up by 4.5%.

Positive
cover-imageBenzinga
January 14, 2025

XRP Up 16% In 7 Days: Could It Temporarily Flip Ethereum Or Even Bitcoin?

XRP (CRYPTO: XRP) has gained 16% over the past week, fueled by growing confidence in Ripple's legal battle and the anticipated launch of XRP ETFs. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.67 $153.7 billion +9.8% +16.2% Bitcoin (CRYPTO: BTC) $96,573.27 $1.9 trillion +5.4% -0.5% Ethereum (CRYPTO: ETH) $3,217.65 $387.6 billion +7.4% -6.2% Trader Notes: Crypto chart analyst Ali Martinez sees XRP as one of the most bullish setups after a successful retest of the breakout zone.

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cover-imageCrypto Economy
January 14, 2025

Solana's Stablecoin Supply Hits 2-Year Peak Amid SOL's 7% Surge

TL;DR Solana's stablecoin supply hits $5.89 billion, the highest level recorded in the past two years. Circle's issuance of 1 billion $USDC tokens in 2025 has significantly fueled the growth of Solana's DeFi ecosystem. Key protocols like Kamino Finance and Drift dominate deposits, cementing Solana's appeal for crypto traders and investors.

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