Tag: blockchain

Solana Faces Key Test – What Happens Next Could Be Game-Changing

Crypto analyst Ali Martinez has highlighted a crucial moment for the price action of Solana, pointing to a key support level within a parallel channel. His technical analysis, which is based on SOL price action on the daily candlestick timeframe, shows that the altcoin has been trading in an uptrend channel since July 2024. Notably,…

Ethereum Whales Control 43% Of Supply – What This Means For Retail Traders

Large holders of Ethereum, also called Ethereum whales, have been on an accumulation trend for a while now, with on-chain data revealing a fascinating increase in their collective holdings. Particularly, data from blockchain analytics firm IntoTheBlock shows that Ethereum whales now hold about 43% of the total circulating supply of ETH. The imbalance in ETH…

Solana Tops The Charts As Artificial Intelligence Go-To Blockchain Platform —Research

Solana has landed in a pretty unique position within the blockchain world, becoming the network of choice for artificial intelligence agents. A recent report from Franklin Templeton shows that around 70% of these virtual assistants depend on Solana’s capabilities for their operations. This is reflective of the capability of Solana to process an extremely high…

Ethereum Whale Data Signals Big Moves Ahead As Stakeholder Activity Spikes

Analysts reported that there is a growing demand for Ethereum due to the increasing appeal of the digital currency to large investors. The whale activity serves as one of the indicators that the cryptocurrency is gaining momentum for possible significant growth, capitalizing on the positive market sentiment on the crypto industry. Growing Whale Activity Santiment…

GRASS Token Fails To Break $2 Level – Is It Time To Buy?

GRASS token, one of the latest DePIN projects, attracts significant attention from analysts and the investing public. As a Layer-2 platform on the Solana blockchain, the Grass platform allows users to share unused internet bandwidth to train AI models using a browser extension. With its promising technology, it’s no surprise that its token launch and…

TRON Reclaims Its Crown With 43% Dominance In Altcoin Transactions

The TRON network has been making a notable impact across altcoin ecosystems, regaining its position as the leading blockchain for transaction volume among major altcoin chains. According to a CryptoQuant analyst known as ‘Maartuun,’ TRON has shown substantial transaction dominance recently, handling roughly 43% of transactions across major altcoin blockchains as of October 30. This…

Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

According to an analysis from on-chain analytics firm CryptoQuant, the total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million. Ethereum Accumulation Continues To Surge The analysis shared by verified CryptoQuant analyst, Burak Kesmeci, indicates that more than 19 million ETH is now held by the so-called “accumulation addresses.” In January 2024,…