Solana and Shiba Inu have caught the attention of market analysts with their bullish price movements. Analysts have predicted further price increases in the future.
On the other hand, the Everlodge project has caught the attention of investors as many look for ways to invest in real estate properties.
Solana (SOL) DEX Trading Volume Soars
According to DeFi Intelligence Tracker DeFiLlama, Solana DEXs saw a 54% increase in trading volume over the past week. This surpassed $3 billion in total trade volume, a record for Solana. Leading DEXs on Solana such as Orca and Raydium grew by 70%.
Consequently, Solana’s total value locked (TVL) has increased by 42% between November 1 and November 20, as shown by DeFiLlama. Despite this increase in activity, Solana price has not seen significant gains. According to CoinMarketCap, the solana price has fallen from a 7-day high of $67.50 to $54.6
However, the Solana price chart still shows gains of 49.3% and 113.0% on the weekly and monthly charts. Analysts predicted a jump to $72 in the coming weeks.
Shiba Inu (SHIB) has launched a new feature for Shibarium
The Shibarium development team introduced the “Donate” feature on November 19. Ragnar Shib, a well-known figure within the Shiba Inu community, shared this news on the X platform.
The main goal of this new feature is to allow the Shibarium community to make financial contributions to non-profit validators. These validators play a vital role in ensuring the efficiency and security of the network.
The Shiba Inu coin has been trading between the price range of $0.00000819 to $0.00000908 for the past week. Analysts and traders remain optimistic about a positive outcome. Shiba Inu Cryptocurrency Price prediction.
Everlodge has captured the interest of traders in real estate properties
While Solana and Shiba Inu have caught the attention of analysts, Everlodge (ELDG) has become the ideal project for real estate enthusiasts. Everlodge serves as a marketplace where traders have the opportunity to become part or full owners of high-end properties. Examples of this type of property are hotels, villas and luxury homes.
In practical terms, Everlodge will transform these villas and hotels into NFTs. They will then be divided into smaller ownership stakes. A unique feature of these NFTs is that they reflect the value of real properties. For merchants looking for short and medium-term loans, Everlodge has a lending feature.
Merchants no longer have to fight with conventional banks to obtain loans. They can easily use their NFTs as collateral to get quick loans. Everlodge has a native token called ELDG. Its appeal lies in its tangible benefits and real-world usefulness. By holding ELDG tokens, users gain access to discounts on properties within the Everlodge marketplace.
Currently, the Everlodge token is priced at $0.025. Many traders are eagerly acquiring ELDG tokens. This enthusiasm is mainly driven by the practical applications of the token. Another factor is its connection to the $280 billion real estate industry.
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