Solana's Impressive Performance Sparks Interest in 2024
Solana's 2024 outlook is one of cautious optimism, with the potential for further gains tempered by market dynamics and shifting trends.
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Solana's 2024 outlook is one of cautious optimism, with the potential for further gains tempered by market dynamics and shifting trends.
Altcoins, led by Solana, XRP, and Dogecoin, have surpassed Bitcoin in open interest, marking a significant shift in the derivative market. Altcoins now command 41% of the market's open interest, totaling $12.22 billion, while Bitcoin's dominance has decreased to 39%. Ethereum also trails behind, despite increased funds in its futures market. The altcoin market, with a 66% volume dominance, is reshaping investor portfolios, showcasing a paradigm shift in cryptocurrency dynamics.
The crypto sector continues to witness support from global institutions despite the numerous black-swan events. To grow further, the asset class just might need time to mature.
Kevin Rose explained that given current realities, right now isn't the right time for the PROOF of Conference.
Crypto investors can earn interest via crypto lending by finding a cryptocurrency exchange or DApp that offers a crypto interest account.
The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager.
Ethereum has seen more interest in recent days. Most of it has come from the price decline of the digital ...
The latest metrics on new registrations and renewals of existing domains on ENS show that interest in the digital identity service has shattered previous records.
Bitcoin open interest has been on a downtrend recently. This is not surprising given that the price of the digital ...