Solana

Compressed NFTs will be launching on Solana soon, tweeted Solflare Wallet. A few metrics related to NFTs looked promising, but SOL has quite a few roadblocks ahead.  Solana’s [SOL] current state in the NFT market was not the best, with major collections like y00ts migrating to Polygon [MATIC]. y00ts, which was the most traded Solana […]

Solana’s NFT space can recover soon, but SOL’s troubles are far from over

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The pullback retest could offer new buying opportunities.  Sentiment fell, and funding rates turned negative, which calls for caution among bulls.  Solana [SOL] bulls have successfully defended the $20 support throughout Q1 2023, except […]

Solana [SOL] faces pullback retest at $20: Is a recovery likely


                    
                    Signs of easing inflation could push Bitcoin and select altcoins above their respective overhead resistance levels in the short-term. 
                    Data from the Personal Consumption Expenditures (PCE) index showed an uptick of 0.3% in February, which lower than the 0.5% increase seen in January. Economists had projected a rise of 0.4% and the PCE data suggests that inflation is gradually showing a decreasing trend. Risky assets rallied in response to the data and some analysts expect the Federal Reserve to start cutting rates by the end of the year, The FedWatch Tool shows a 33% probability of a 50 basis point cut by December 2023.The cryptocurrency space is trying to come out of a long bear phase. This has improved sentiment and analysts are focusing on the long-term prospects of cryptocurrencies and blockchain technology. Daily cryptocurrency market performance. Source: Coin360Citi said in its “Money, Tokens and Games” March report that the blockchain-based tokenization of real-world assets could soar to between $4 to $5 trillion by 2030. Although the lack of legal and regulatory framework, and the skepticism of industry players may pose a challenge in the short term, the investment bank believes they will be overcome eventually. Could Bitcoin (BTC) and select altcoins extend their up-move or is it time for the rally to stall? Let’s study the charts of the top-10 cryptocurrencies to find out.Bitcoin price analysisThe bulls propelled Bitcoin above $29,000 on March 30 but the long wick on the candlestick shows that the bears have not yet given up and are selling on rallies. BTC/USDT daily chart. Source: TradingViewWhen a level proves too difficult to cross, usually the price retraces back before making the next attempt. In this case, if the price again fails to cross $29,000, the BTC/USDT pair may pullback to the 20-day exponential moving average ($26,707). A strong bounce off this level will suggest that the sentiment remains positive and traders are buying on dips. That will increase the possibility of a break above $29,185. If buyers succeed in their endeavor, the pair may soar to the $30,000 to $32,500 resistance zone. The first sign of weakness will be a fall below the 20-day EMA. Such a move will suggest that the bulls may be booking profits. That may result in a rest of the breakout level of $25,250. Below this level, the pair could slide to the 200-day simple moving average ($20,342).Ether price analysisEther (ETH) is facing resistance near $1,857, indicating that bears are trying to protect this level with all their might. A positive sign in favor of the bulls is that they have not ceded ground to the bears.ETH/USDT daily chart. Source: TradingViewThe rising 20-day EMA ($1,736) and the RSI in the positive territory enhance the prospects of a break above $1,857. If that happens, the ETH/USDT pair may resume its up-move and reach the overhead resistance zone between $2,000 and $2,200.Contrary to this assumption, if the price trips below the 20-day EMA, it will suggest that the bulls have given up. That could pull the price to the strong support at $1,680. A break below this level could indicate that bears have seized control. The pair may then descend to $1,600 and thereafter to $1,461.BNB price analysisBNB’s (BNB) relief rally is facing selling in the zone between the 20-day EMA ($316) and the downtrend line but the bulls are hanging on.BNB/USDT daily chart. Source: TradingViewThe 20-day EMA has flattened out and the RSI is near the midpoint, indicating that the selling pressure may be reducing. The aggressive bears may get trapped if the price rises above the downtrend line. That may result in a short squeeze, which could propel the price to the overhead resistance zone between $338 and $346.Conversely, if the price turns down from the downtrend line and plummets below $305, it will suggest that bears are back in the driver’s seat. The BNB/USDT pair may then drop to the 200-day SMA ($290).XRP price analysisThe long wick on XRP’s (XRP) March 29 candlestick shows that the bears are aggressively defending the resistance at $0.56. XRP/USDT daily chart. Source: TradingViewThe XRP/USDT pair formed an inside-day candlestick pattern on March 30, indicating uncertainty among the bulls and the bears. If the price slips below $0.52, the pair may retest the breakout level of $0.49. This is an important level to keep an eye on because a break below it could extend the correction to the 20-day EMA ($0.45).Another possibility is that the price turns up from the current level and breaks above the $0.56 to $0.59 resistance zone. If that happens, the pair may skyrocket to $0.65 and later to $0.80.Cardano price analysis After hesitating for two days, the bulls have pushed Cardano (ADA) above the minor resistance at $0.39. The price has reached the vital resistance at the neckline of the inverse head and shoulders (H&S) pattern.ADA/USDT daily chart. Source: TradingViewThe rising 20-day EMA ($0.36) and the RSI in the positive territory indicate that the path of least resistance is to the upside. If buyers thrust the price above the neckline, it will complete the reversal setup. The ADA/USDT pair could then surge toward the pattern target of $0.60.On the other hand, if the price turns down from the neckline, the bears will try to sink the pair to the moving averages. This is an important level to keep an eye on because a slide below it could open the gates for a possible fall to $0.30.Dogecoin price analysisDogecoin (DOGE) has been trading near the 20-day EMA ($0.07) for the past few days, indicating indecision among the bulls and the bears.DOGE/USDT daily chart. Source: TradingViewThe flat 20-day EMA and the RSI near the midpoint do not give an advantage either to the bulls or the bears. This uncertainty will clear if the price breaks above the 200-day SMA or plummets below $0.07.If the price rises above the 200-day SMA, the DOGE/USDT pair could pick up momentum and rally toward the $0.10 to $0.11 resistance zone. The bears are likely to defend this zone with vigor. On the downside, a break below $0.07 could result in a retest of the support near $0.06.Polygon price analysisPolygon (MATIC) nudged above the 20-day EMA ($1.12) on March 29 and 30 but the bears held their ground. Sellers will now try to sink the price to the strong support at $1.05.MATIC/USDT daily chart. Source: TradingViewThe 20-day EMA continues to slope down, indicating advantage to bears but the RSI just below the midpoint suggests that the bulls are attempting a comeback. This state of uncertainty may not continue for long.If the price breaks and sustains above the 20-day EMA, the MATIC/USDT pair may attempt a rally to the overhead resistance of $1.30. On the other hand, if the price tumbles below the 200-day SMA ($0.97), the selling could intensify and the pair may nosedive to $0.69. Related: Solana overcomes FTX fiasco — SOL price gains 100% in Q1Solana price analysisBuyers pushed Solana (SOL) above the 20-day EMA ($20.88) on March 29 but the bulls could not clear the overhead hurdle at the downtrend line.SOL/USDT daily chart. Source: TradingViewThe 20-day EMA is flat and the RSI is just below the midpoint, indicating a state of equilibrium between the buyers and sellers. The SOL/USDT pair may continue to swing between the support at $18.70 and the downtrend line for a while longer.Usually, when the price gets squeezed between two levels, it is followed by a sharp breakout. If the price breaks below $18.70, the pair could slump to $15.28. Alternatively, a rally above the downtrend line will signal a potential trend change. The pair may then start its northward march toward $39.Polkadot price analysisPolkadot (DOT) broke above the 20-day EMA ($6.13) on March 29 and the bulls thwarted attempts by the bears to pull the price back below the level on March 30.DOT/USDT daily chart. Source: TradingViewThe 20-day EMA has flattened out and the RSI is just above the midpoint, indicating a balance between supply and demand. The DOT/USDT pair could oscillate between $5.70 and $6.70 for a few days.A break and close above the $6.70 resistance will open the doors for a potential rise to the neckline of the inverse H&S pattern. Contrarily, if the price turns down and slips below $5.70, the pair may decline to $5.15.Litecoin price analysisThe bulls once again defended the 20-day EMA ($87) on March 30, indicating strong demand for Litecoin (LTC) at lower levels.LTC/USDT daily chart. Source: TradingViewBuyers will have to propel the price above $96 to signal that the short-term corrective phase may be over. The LTC/USDT pair will then try to rally to $106 where the bulls are likely to encounter strong resistance from the bears.Alternatively, if the price turns down from the current level or the downtrend line, it will suggest that bears are not willing to give up. That will increase the prospects of a break below the 20-day EMA. The pair may then slump to $75.The views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.




Price analysis 3/31: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC


                    
                    The cryptocurrency market may have overreacted to Solana's FTX links and its tainted boss Sam Bankman-Fried.
                    The price of Solana (SOL) fell nearly 95% in 2022, partly due to its association with tainted crypto entrepreneur Sam Bankman-Fried and his collapsed ventures FTX and Alameda Research. But so far in 2023, things have improved for the SOL price.Solana price doubles in Q1/2023Solana's price has risen 104% to around $20.60 per SOL in the first quarter of 2023, the highest gains compared to any cryptocurrency in the top-25, including Bitcoin (BTC) and Ether (ETH).Solana beats top-ranking assets' Q1/2023 returns. Source: MessariIn fact, January was Solana's best month since August 2021 in terms of price performance. SOL price rallied by about 140% in it, without any major fundamentals that could have driven the rates up. Nonetheless, the SOL/USD pair became excessively oversold in December 2022, which may have influenced traders to buy the dip. The rally also coincided with Messari's analysis of the Solana ecosystem after the FTX collapse, showing its staking and decentralization was stable and actually improved its position after the FTX fiasco."Solana will continue to release a multitude of initiatives, including network upgrades, ecosystem developments, and community efforts, to name a few," wrote James Stautman, researcher at Messari, adding: "After a tumultuous year fraught with one challenge after another, light appears to be at the end of the tunnel heading into 2023."In other words, the market may have overreacted to Solana's ties with Sam Bankman-Fried in Q4 of last year, resulting in a sharp rebound.What's next for SOL price?Solana underperformed the broader crypto market in February and March, after SOL's January spike left it technically overbought. Related: Solana plans to improve its blockchain: Here’s howSolana price lost about 40% from the January peak. Its market dominance (SOL.D) also dropped from 0.98% in January to 0.69% in March, suggesting that traders rotated capital elsewhere. SOL.D monthly price chart. Source: TradingViewNevertheless, as of March 31, Solana trades above two technical support levels: a horizontal trendline that has capped SOL's downside attempts mostly throughout Q1/2023 and an ascending trendline that served as backup support in early March when the horizontal one failed.  These two support levels have converged. Therefore, SOL/USD now eyes a short term bounce from there toward a multi-month support/resistance flip level around $26.50, as shown below. SOL/USD daily price chart. Source: TradingViewThat leaves Solana with a 30% upside prospects in April. Conversely, a drop below the two support levels could have SOL price retest its March low of $16 as the next downside target.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



Solana overcomes FTX fiasco — SOL price gains 100% in Q1

According to recent statistics, a significant percentage of the total supply of various proof-of-stake (PoS) cryptocurrencies is being staked by users. As per a tweet by a well-known crypto influencer account, 71% of Cardano (ADA), 70% of Solana (SOL), 85% of Binance Coin (BNB) Chain, 63% of Avalanche (AVAX), and 50% of Polkadot (DOT) are […]
The post Analyst: ETH at $1,800 with Only 16% Staked, Will it Soar After Shanghai? appeared first on Coin Edition.

Analyst: ETH at $1,800 with Only 16% Staked, Will it Soar After Shanghai?


                    
                    YouTuber CryptoWendyO believes the TikTok ban is not really about TikTok, and could be used to go after the crypto space itself.
                    On March 23, the world watched as United States lawmakers questioned TikTok CEO Shou Chew at a House Energy and Commerce Committee hearing in Washington. In the hearing, lawmakers grilled the CEO over suspicions that the Chinese government is gathering user data through the app. The intensity of the exchanges went viral online, with many believing that a ban — exemplified in the Restricting the Emergence of Security Threats that Risk Information and Communications Technology (RESTRICT) Act recently introduced in the United States Senate — may be imminent.While the platform is not a crypto-native app, it’s used by many crypto community members to access crypto-related content. This means a ban on TikTok may have several implications for the crypto space. Effects that ‘cannot be ignored’U.S.-based think tank Coin Center believes that the RESTRICT act has a similar precept to the International Emergency Economic Powers Act, which allowed the Treasury’s Office of Foreign Assets Control (OFAC) to prohibit U.S. citizens from transacting with sanctioned entities. According to Coin Center, the potential effects on the crypto space cannot be ignored as the bill “creates blanket authority, with few checks, to ban just about anything linked to a ‘foreign adversary.’”Recent: The secret of pitching to male VCs: Female crypto founders blast offAustin Federa, the head of strategy at Solana Foundation, said that the current rhetoric should worry U.S. citizens:The TikTok ban rhetoric should worry everyone in crypto in the US — not because of TikTok itself, but because of what it could mean for the ability to publish and distribute software some politicians don’t like, which is protected under the first amendment.— Austin Federa | ️ (@Austin_Federa) March 31, 2023

Bitcoin YouTuber CryptoWendyO also thinks the bill is not about TikTok but about going after the crypto space itself. “Yes, your bitcoin, crypto and NFTs. Banning them is the goal,” she wrote on Twitter. While some are concerned about the act being used to ban crypto directly, those working to spread the word about various crypto projects also expressed concerns over a potential ban on the social media platform. Implications for cryptoWhile TikTok was initially dominated by teenagers mimicking trending dances, the content within the app quickly branched out to various niches, including crypto. One of the earliest notable crossovers between crypto and TikTok can be traced back to 2020. At the time, the app was used to pump the prices of Dogecoin (DOGE) through a viral TikTok pumping challenge. Since then, TikTok has been a go-to platform for crypto projects who want to build their communities. The platform has been bombarded with crypto-related content, from exchanges like Binance and Coinbase to influencers sharing their thoughts on tokens and blockchain projects. At the time of writing, the hashtags “crypto” and “cryptocurrency” have a combined view count of 34.7 billion. TikTok views of some hashtags related to crypto. Source: TikTokRoland Guirdonan, who has worked as a social media community manager for various crypto startups, believes that TikTok is building communities for crypto. He told Cointelegraph:“TikTok is one of the most powerful marketing tools that crypto projects use to reach a younger, social media-savvy audience. Crypto projects use TikTok to create engaging content, and run contests and giveaways that quickly reach worldwide audiences.”According to Guirdonan, a TikTok ban in the U.S. could affect user acquisition efforts of crypto projects trying to reach a younger demographic in the country. “TikTok’s algorithm has been praised for its ability to quickly make content go viral, which has been a major factor in the success of many crypto projects,” he added. Mac Ocampo, the CEO of Web3 social platform Follow, told Cointelegraph that TikTok does a great job at visualizing crypto projects to their target audiences. Ocampo, who has previously worked as a chief marketing officer for crypto projects, noted that TikTok allows companies to capture the attention of Millennial and Generation Z age groups. However, he said that a TikTok ban would not mean the end of Web3 marketing. Crypto marketing effortsWhile a TikTok ban in the U.S. may have some effects on reaching audiences in the country, some believe that the impact on crypto marketing will not be as severe as others think. According to Ocampo, there will be opportunities for other firms like Meta to jump in if the platform gets banned. He explained: “If ever TikTok will be banned in the U.S., there’s an opportunity for Meta to revamp Instagram into a more direct rival of TikTok. It presents the opportunity as well for Meta to capture TikTok’s market share in the U.S. and pursue its metaverse and NFT initiatives it has recently canceled.”Joanna Alhambra, who coordinates influencer marketing for Web3 projects, also thinks there’s always a way to do marketing, even without TikTok. She told Cointelegraph that if TikTok gets banned, influencers will simply flock to other platforms. Recent: Indonesian government looks to NFTs to preserve cultural heritage“When TikTok gets banned, TikTok influencers will look for alternative short video streaming platforms. So, Instagram reels and YouTube shorts might be the next unless a Web3 TikTok surfaces,” she said. Meanwhile, Rohit Mohan, the CEO of Web3 marketing firm NC Global Media, argued in favor of TikTok when it comes to reaching wider audiences in crypto marketing. According to Mohan, the platform’s direct competitors are “boomer apps” and do not have the same capabilities as TikTok. According to Mohan, a ban on TikTok will become an “additional hit” that the crypto community will take as the space goes through the throes of a bear market. 

How a TikTok ban in the US could affect the crypto industry

The post Uwerx (WERX) Presale, Solana (SOL), Or Quant (QNT) – What Coin Should Investors Focus On? appeared first on Coinpedia Fintech News
As 2022 has ended, investors are seeing a shift in the vast crypto market. Coins with no use case have been decimated by the bear market, with some losing 90% of their value. But, some coins have withstood the negative downturn and show incredible resilience. Today we will discuss three coins that might show great …

Uwerx (WERX) Presale, Solana (SOL), Or Quant (QNT) – What Coin Should Investors Focus On?

The Solana ecosystem takes a hit as several SOL whales and NFT projects pull out of the network.
Continue reading at DailyCoin.

Solana (SOL) Whales, y00ts, & DeGods NFTs Ditch the Network

Solana (SOL) has been under the bear rule, with its price retracing from an intraday high of $20.76 to an intraday low of $20.16, where support levels were tested. SOL was still under a negative impact at the time of writing, leading the price to plummet to $20.31, a 2.28% decrease from its previous close. […]
The post SOL’s Bear Reign Persist: Is there a Potential for Trend Reversal? appeared first on Coin Edition.

SOL’s Bear Reign Persist: Is there a Potential for Trend Reversal?

Overall, Orbeon Protocol's innovative investment approach, robust fundamentals, and expanding user base have all contributed to its remarkable gains, making it one of the most captivating projects in the cryptocurrency market today.

Is Fantom (FTM) Faster Than Solana (SOL)? Orbeon Protocol (ORBN) Eclipses Both With 2713% Gains

There has been a sudden influx of cryptocurrency “whales” that have moved more than nine million Solana (SOL) in a string of transactions. The rush of trades totaling 9,075,999 SOL and worth more than $186.84 million was detected by the whale-watching bot Whale Alert. A crypto whale was responsible for two of the day’s most […]
The post Crypto Whales Abruptly Move Over $186,000,000 in Ethereum Rival Solana – Here’s Where the Crypto Is Going appeared first on BitcoinWorld.

Crypto Whales Abruptly Move Over $186,000,000 in Ethereum Rival Solana – Here’s Where the Crypto Is Going

Injective, a decentralized exchange and layer-2 protocol has announced the release of Cascade, the first-ever Solana Sealevel Virtual Machine (SVM) rollup for the inter-Blockchain Communication (IBC) ecosystem supported by Cosmos.  According to the announcement, this new integration will bring the SVM into the broader Cosmos ecosystem, a decentralized network of interconnected blockchains that enables interoperability […]

Injective Unveils Cascade: The First Interchain Solana SVM Rollup

Injective had recently integrated with Wormhole which made it the first chain in the Cosmos ecosystem to support Solana assets.

Injective Unveils First-Ever Solana Rollup for Cosmos


                    
                    The new testnet is one of the few networks that uses Solana’s Sea Level Virtual Machine (SVM).
                    Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses for Cosmos blockchains. According to a March 30 announcement from the developer of Cosmos-based network Injective (INJ), the team has released a layer-2 testnet that utilizes Solana’s Sea Level Virtual Machine (SVM). This means that some Solana developers can now test their apps for use in the Cosmos ecosystem without needing to change the programming language or tooling used.In a conversation with Cointelegraph, a representative from Injective said the name of the new network is “Cascade” and that it uses optimistic rollup technology.According to the announcement, the new layer was created with the help of Eclipse, a company that provides customized zero-knowledge and optimistic rollups for developers.Eric Chen, co-founder and CEO of Injective Labs, stated that the integration should help both the Solana developer community and Cosmos users:“This new SVM rollup for the Cosmos IBC world will not only empower developers from Solana to deploy their DApps on Injective, but it will also create more opportunities for users to experience the best Web3 DApps in one integrated network.”Injective stated that the testnet is currently private, but it is “offering a limited number of spots exclusively to select Solana developers” beginning on March 30.The number of active Solana developer teams increased over 1,000% year-over-year in the third quarter of 2022, according to a report by Alchemy. The network features several apps with over 2,000 unique users, including the nonfungible token marketplace Magic Eden and DeFi protocol MeanFi, according to Web3 analytics company DappRadar.However, Solana Web3 apps are written for use with the Solana SVM, which is used by few networks other than Solana itself. This makes it difficult for Solana developers to port their apps to other networks without extensive rewriting.Related: Formfunction to shutter marketplace amid Solana NFT slumpEclipse also created an SVM rollup for Polygon on February 23.Cosmos is a group of interconnected blockchain networks developed using the same consensus engine and software development kit. They are connected through the Cosmos Inter-Blockchain Communication Protocol (IBC), and assets on one network can be transferred to others within the Cosmos ecosystem. Injective is one of the networks that make up this ecosystem, and the new SVM rollup is a layer-2 of Injective.Injective Labs isn't the only company trying to make Solana apps compatible with Cosmos. Nitro Labs also announced the development of an SVM rollup for the Sei network in September and released a decentralized exchange for its testnet in February.The Cosmos ecosystem has been growing over the past two years. On March 11, Cosmos Hub governance approved the V9-Lambda upgrade that begins to implement Interchain Security (ICS), allowing members of the ecosystem to share validations resources. On March 29, Circle announced that it will launch USDC for Cosmos via the Noble Network.

Injective launches layer-2 testnet for Solana-based apps in Cosmos

Crypto investment is known for its volatility and unpredictability, making it difficult to determine if the market is slowing down. However, recent trends suggest that investors increasingly focus on existing projects like Solana (SOL) and Avalanche (AVAX). However, a new entrant, TMS Network (TMSN), has caught the eye of many investors who see its potential […]

Is The Crypto Market Slowing Down? Investors Are Buying Up Solana (SOL), Avalanche (AVAX) and TMS Network (TMSN) Presale Tokens. TMSN already reached $0.046!

Crypto whales are suddenly on the move, relocating over nine million Solana (SOL) in a series of transactions. Whale-watching bot Whale Alert spotted the flurry of transactions to the tune of 9,075,999 SOL worth more than $186.84 million. Two of the largest transactions in the past day involves a crypto whale shifting a total of […]
The post Crypto Whales Abruptly Move Over $186,000,000 in Ethereum Rival Solana – Here’s Where the Crypto Is Going appeared first on The Daily Hodl.

Nearly 77% of all y00ts NFTs have switched chains since late Monday, with DeGods still set to leave Solana for Ethereum this Friday.

At Least $37M Worth of y00ts NFTs Migrate to Polygon From Solana in One Day

The decentralized finance (DeFi) market is one of the fastest growing markets in the world. In less than two decades a whole new industry has been created with new opportunities for investors every day. 
Three great investment opportunities are Solana (SOL), Ethereum (ETH), and Collateral Network (COLT). Each project brings innovative new ideas to the market and could significantly influence the future of DeFi, with Collateral Network (COLT) set to completely revolutionize the lending industry alongside 35x gains.
>>BUY COLT TOKENS NOW<<
Solana (SOL) Market Influence Continues To Grow 
After making headlines for its huge returns in 2021, Solana (SOL) is slowly becoming one of the world's most influential blockchains and investments, with Solana (SOL)’s daily trading volume consistently surpassing half a billion USD. 
Solana (SOL) is gaining traction throughout the NFT market, with new marketplaces like SolSeaand Magic Eden pioneering Solana (SOL) NFT development. Solana (SOL) is also being used to pioneer play to earn gaming (P2E). The current P2E market is held back by high Ethereum (ETH) trading fees, which have priced out many investors. With Solana (SOL) games such as Star Atlas let gamers get involved for a small starting fee, allowing them to generate a passive income in the process.
Although not yet as large as Ethereum (ETH), many investors believe that Solana (SOL) could become just as influential. 

Could Ethereum (ETH) Pioneer Staking With Its Shanghai Update?
In 2023 Ethereum (ETH) announced its Shanghai Update, which overcomes many of the issues currently faced by Ethereum (ETH) users. The biggest upgrade of the Shanghai Update is based around Ethereum (ETH) staking. Instead of stakers having their assets frozen, they will be able to withdraw their funds at any time, along with the rewards they’ve earned during the staking process. 
This update could solidify Ethereum (ETH) as the top blockchain in the world, potentially pushing its value to new highs in the process. It would also improve the playability of games like Gods Unchained, taking Ethereum (ETH) dominance in the P2E market to the next level. 
>>BUY COLT TOKENS NOW<<
Collateral Network (COLT) Applies DeFi To Crowdfunding
Collateral Network (COLT) is a new decentralized crowdlending platform in the market that's caught the attention of investors world wide. Using Collateral Networks (COLT) cross-chain network, borrowers will be able to unlock cash from physical off-chain assets using NFTs. Here’s how it works. 
If a borrower on Collateral Network (COLT) holds an expensive physical asset and wants a short term loan, they can create an NFT backed 1:1 by that asset. This NFT is then fractionalized, meaning that lenders can collectively fund the loan by offering fractions of the required capital. 
This increases the number of investors who can become lenders. Once loaned, lenders will generate a passive income from their loan based on a fixed interest rate, enabling users on the COLT platform to become their own banks.
This process is significantly faster than traditional crowdlending processes, and allows borrowers to hold onto their physical assets. To give early investors peace of mind, Collateral Network (COLT)’s smart contract has been successfully audited, and its liquidity pool will be locked for 33 years to prevent a rug pull. 
COLT, the native token of Collateral Network, can be purchased for $0.01 during phase one of the project's presale, with COLT holders earning access to a VIP members club, as well as staking, governance rights, and more.
Analysts forecast that due to its immense potential and real-world use cases, COLT is highly likely to surge by up to 3500% over the coming months! With this projection in mind, Collateral Network (COLT) is easily one of the most promising presales on the market today.
Find out more about the Collateral Network presale here:
Website: https://www.collateralnetwork.io/
Presale: https://app.collateralnetwork.io/register
Telegram: https://t.me/collateralnwk
Twitter: https://twitter.com/Collateralnwk
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Beat The Bear Market With Solana (SOL), Ethereum (ETH) And Collateral Network (COLT)

The new urFeed platform experience aims to compete with Twitter, TikTok and Instagram

Solana Mobile: the crypto Android smartphone and its new Web3 social


                    
                    ARB's price trajectory looks similar to MATIC after its market debut when MATIC rose 1,350% after facing a brutal selloff in its early days of trading.
                    The price of Arbitrum (ARB) has dropped by nearly 20% a week after establishing its record high at $1.60 on March 23. However, the Ethereum layer-2 token looks set to resume its uptrend in the coming weeks.Polygon price fractalThe cues for a bullish Arbitrum token could be traced back to its Ethereum L2 rival Polygon's market debut.MATIC started trading on Binance on April 26, 2019, at $0.0026 per token. MATIC/USD rallied nearly 300% to reach $0.0105 on the same day before wiping out 70% of those gains in a market correction by May 9, 2019.It regained its upside momentum afterward, rallying by nearly 1,350% to $0.045 on May 21, 2019.  MATIC/USDT four-hour price chart. Source: TradingView/MacThe price trajectory reflects a recurring phenomenon involving the launch of digital tokens with seemingly strong fundamental backing, according to independent market analyst Mac.For instance, Solana (SOL), a layer-1 blockchain, rallied 50,000% before undergoing a similar pump, correction, and sideways consolidation phase after its exchange debut in April 2020. SOL/USD daily price chart. Source: TradingView/MacArbitrum price could hit $2 by AprilFrom a fundamental perspective, Arbitrum has emerged as a strong contender in the Ethereum L2 space in recent months, with several leading DeFi protocols, including GMX, Uniswap, Sushi, and Aave, among its users."GMX and Radiant on Arbitrum are two of the fastest-growing protocols in terms of both fundamentals and price appreciation this year," noted Dustin Teander, a researcher at analytics firm Messari, adding:""Looking at user retention metrics, it’s apparent these protocols have gained above-market traction compared to imported protocols like Uniswap or Aave."Optimism vs. Arbitrum monthly user retention rates. Source: MessariAs of March 29, the total value locked (TVL) across Arbitrum pools rose to $2.2 billion versus around $981 million three months ago, according to data resource Defi Llama. Related: Arbitrum airdrop sells off at listing, but traders remain bullish on ARBMac noted that Arbitrum's strong fundamentals could limit ARB's downside prospects and prompt traders to re-accumulate the token in the coming weeks.ARB/USDT hourly price chart. Source: TradingView/MacThat may lead to another price run-up, eyeing $2 by April 2023. as illustrated below.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


ARB price to $2? Ethereum L2 rival Arbitrum will double in April, fractal suggests

One of the most popular non-fungible token (NFT) projects, y00ts is finally shifting from the Solana (SOL) blockchain to the Polygon (MATIC) network in a bid to speed up transaction times and reduce network fees. This comes hot on the heels after DeLabs, the company behind top Solana NFT collections DeGods and y00ts revealed that it ... Read more