NEWSLETTER
ethereum saw some great sales in the first hours of negotiation on Monday, since it fell below the $ 2.1K brand, a 25% drop in its opening price that day.
This fall was the result that whales liquidated their positions in $ eth. For example, two inactive wallets sent $ 149 million and $ 201m worth $ eth a bitfinex. These wallets were last active in 2019 when a retirement of $ 77,736 eth was made.
Aave ($ aave) also saw some quick settlements during this time, for a total of around $ 200 million.
Most of this liquidation occurred in loans that were insured for $ eth ($ weth) wrapped, showing the strength of $ eth in the defi and cryptography loan sector. Consequently, the total locked value (TVL) at $ eth defi also fell from $ 63b to $ 54b.
This autumn is similar to the fall of August 2024, which was triggered by the restrictions imposed on Japanese's trade. $ eth fell to a minimum of $ 2,112 at that time.
However, in just 17 weeks, ethereum returned and crossed the $ 4K mark. So, this recent fall is not the end of things. Rather, it should be seen as a healthy correction in the market.
Together, whales bought a total of $ 50,429 eth during autumn. This has ignited recovery in the midst of long -term holders. Many whales have really “bought the fall,” pointing a long path ahead for ethereum.
The ascending trip of Solana
As ethereum is in choppy waters, Solana has been making significant progress.
Solana Stablecoins doubled market capitalization in January, from $ 5.1b to $ 11.4b. This enormous increase can be attributed to the growing popularity of meme coins on the network.
Since Trump launched his own Memecoin based in Solana, the Solana Stablecoin supply has increased by more than 73%. Interestingly, Circle's USDC is the most sought after stable in the chain, with a value of $ 9.25b.
This represents more than 80% of all stablecoin transactions in the network.
In contrast, in chains such as ethereum and Tron, $ UTher is the most dominant stable, with values of $ 65b and $ 60b, respectively.
In particular, $ USDC was the fastest growing stable in 2024 at a rate of 78%. Its current valuation is $ 53b, which is still a certain distance from UDST to $ 139.5b.
However, Circle has been making a lot of progress to reduce this gap. Recently he launched in the Apt Mainnet.
Seeing the growth of Stablecoins, along with an impulse of meme coins by the president of the United States, it is fair to say that Altcoins has a brilliant future ahead.
If you are also looking for the opportunity to invest in the best meme coins, we have something perfect for you, the Better Wallet Token ($ Best).
What is $ better?
He Better Wallet Token ($ Best) It is the internal meme coin of the popular Best Wallet application, which is a unique destination for all its cryptographic needs.
The wallet offers access to more than 60 cryptographic chains, which allows you to administer all your holdings in one place.
The $ best token is the best wallet application with steroids, since it unlocks some serious advantages within the best wallet ecosystem.
For example, tokens headlines can have early access to high alfas, long before they are activated for the general public. This allows investors to jump early in promising alternatives.
You can find these tokens on the 'upcoming tokens' tab: coins like $ Pepu and $ Catslap appeared in the best wallet long before they became popular among investors.
In addition, you can also benefit from lower transaction rates as a $ better holder.
In addition, this custody platform does not require KYC, which makes it simple and fast to start.
First adopters of $ Best You can also get bets with 189% APy. It is worth noting that developers have reserved 8% of the total token supply of 10b exclusively for this, showing their focus on adoption and long -term rewards.
Why should I invest in $ Best?
In addition to all the benefits of Token you get, the best wallet application has a brilliant future ahead. Its objective is to capture 40% of the non -custodial cryptodial wallet market share of $ 10B by the end of 2026.
In addition, so far he has traveled the talk, obtaining more than 500k total users and 250k daily active users.
He Best Wallet Token Pre -sale It has also been a great success. Within 14 days of the launch, he managed to raise the whopping of $ 1 million. From now on, the project has raised $ 9 million and is among the best cryptographic pressures.
Ah, and wait until you listen to the future of the project. The developers have a lot in process, including the integration of Solana ($ Sol) and the launch of the best card for cryptographic payments without problems.
The project is also in conversations for an association with applications such as Staking, Igaming, Project Directory, News and Defi. This will really make the best wallet application a unique solution and the only cryptographic wallet that anyone will need.
Currently available for only $ 0.02385 each, the price of $ best will increase by less than 12 hours, so hurry and Buy $ best for the lowest possible price.
Last but not least, be sure to do your own research before investing in encryption markets, since they can be very volatile.
In addition, this article is not a replacement for professional financial advice, and we recommend that you consult your advisor before making a movement.
