Bitcoin $114,317.13 price After the recovery in the US stock markets, he recovered $ 115,000. If the level of $ 115,500 can be preserved as support, rapid rise in subcoins may occur. Today, Trump’s sharing or explanation about the Russian meeting is eagerly awaited. So what’s the latest situation on the Solana (left) façade?
Solana (left) and rival
Avalanche $22.00Nets like Aptos Ethereum
$3,623.68 Although it emerges as its rival, Ethereum is now at a completely different level. Solana, the second largest rivals, is still extremely strong in their goal and solana compared to them. But there is a network that is better than Solana. Especially due to the strategy followed by the Coinbase Exchange, Base network began to overthrow it in some metrics.
The base network initiated by Coinbase, the largest stock exchange in terms of transaction volume of the US, is highly supported by both listing and variety incentives. Of course, the growth in the Network’s income directly affects Coinbase’s earnings in favor of the stock market.
Kyle wrote the following graph;
“LEFT Does it fall in the fall or just start?
Because Base does not play games:
- He passed Solana in his daily Token launch.
- Mams, markets and culture – all in Coinbase’s L2.
This is not just an excitement – a real -time Memecoin invasion. ”
As we can see from the Pump Token performance, the excitement of breast coin seems to be away from the breath. While this happens, the rapidly listed and liquidity of the breast coins on the base network on the coinbase exchange constitutes the necessary appetite for the export of new token in the network. Base does not have a token, so the growth of the network feeds the tokens in the network, but because the solana network loses power Left coin weakening. So this change is worse for the solana.
Risk appetite in subcoins
BTC Returning to 115 thousand dollars of the price for the risk appetite positive and the subcoins began to return from the bottoms. At the time of preparing the article, the US Secretary of the Foreign Affairs, “we will see some announcements soon,” he signaled that the risk continues. Macro -developments fell down and Trump today explains harsh measures about Russia today, things will change.
Kyle wrote that crypto currencies expect a “only one spark” by looking at the weekly RSI heat map.
So if we don’t see anything very bad about Russia, the short -term decline can rapidly reversed because the RSI average has declined considerably and the growth area is more.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.