Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
@Solana developers propose a lattice-based hashing system to scale the blockchain for billions of accounts, addressing the “state growth problem” with homomorphic hashing for efficient state verification. • #Update • #Crypto • @Solana • (+6) • ↗
@Tether_to will conduct a $1 billion USDT chain swap to the Tron network, enhancing liquidity across supported blockchains without altering total supply. • #Update • #Crypto • @Tether_to • (+4) • →
Dogecoin’s Gaussian Channel turns green on the 4-hour chart, indicating a potential breakout and upward move toward $1, with current trading at $0.383. Analysts predict a possible surge to $5 by April 2025. • #Update • #Crypto • $DOGE • (+4) • ↗
@Solana’s layer-1 network surpassed $3.8 billion in 24-hour DEX trading volume, outperforming both Ethereum and Base combined, as reported by DefiLlama. • #Update • #Crypto • $SOL • (+6) →
$SOL is trading at $214, testing critical 4-hour 200 MA support. Analysts see potential for a rally if SOL breaks $230 resistance, signaling bullish momentum and possible new highs. Risks remain if it fails to surpass $220. • #Update • #Crypto • $SOL • (+4) • →
$ADA is consolidating near $1.10 with a bullish pennant formation suggesting a potential breakout to $1.40, supported by increased network activity and investor interest. TVL on Cardano has surged to $595M, indicating strong DeFi growth. • #Update • #Crypto • $ADA • (+4) • ↗
$XRP consolidates below $2.50, with analyst Ali Martinez highlighting a TD Sequential buy signal on the 4-hour chart, suggesting a potential price rebound; traders eye $2.70 resistance for breakout confirmation. • #Update • #Crypto • $XRP • (+4) • →
Dogecoin whales have purchased 140M $DOGE, increasing buying pressure and sparking market optimism as traders anticipate potential gains amid Elon Musk’s X Money launch speculations. • #Update • #Crypto • $DOGE • (+3) • ↗
$LTC surges as it breaks free from recent constraints, aiming for $400, fueled by renewed investor interest and market optimism. • #Update • #Crypto • $LTC • (+4) • ↗
$XRP shows bullish momentum, holding $2 support; potential breakout could see price reach $10-$11 by Q1 2025, signaling a significant uptrend. Current price is 37% below its all-time high of $3.84. • #Update • #Crypto • $XRP • (+3) • ↗
South Korea’s Jeju Island will introduce NFT cards for tourists by 2025, offering benefits to attract millennials and Gen Z, boosting the local economy through blockchain integration. • #Update • #Crypto • @JejuIsland • (+3) • →
$XRP is trading at $2.41, facing resistance at $2.73 before potentially reaching $11, but a correction to $2.05 is possible first; favorable SEC ruling boosts long-term bullish sentiment. • #Update • #Crypto • $XRP • (+4) • →
@Shibtoken confirms $TREAT token launch on Jan 14, sparking optimism for $SHIB despite a current price dip to $0.00002409. Market participants are bullish on SHIB’s performance amid rising futures interest and ecosystem buzz. • #Update • #Crypto • $SHIB • +3 • ↗
@Ripple’s CEO Brad Garlinghouse credits the “Trump effect” for a surge in U.S. deals, with 75% of open roles now domestic and $XRP up 300% since Trump’s win. Ripple donates $5M XRP to Trump inauguration. • #Breaking • #Crypto • @Ripple • (+8) • ↗
