Tag: Altcoin Watch

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Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades

Solana (SOL) and Cosmos (ATOM) each saw the price of their tokens surge after new interoperability upgrades were revealed. Bitcoin’s (BTC) sharp correction below $45,000 sent shockwaves throughout the entire market for a second day and many altcoins are fighting to hold the gains they’ve accrued since the start of the year.  Two exceptions to…
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Polkadot (DOT) gains 42% ahead of its long-awaited parachain auctions

Polkadot price pushes to new highs over growing excitement for the upcoming parachain auctions and increased interoperability they will support. In the early hours of Feb. 20 Polkadot (DOT) trading volume began to see a significant increase which helped propel the multichain protocol to a new all-time high of $42.28.  Data from Cointelegraph Markets and…
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Exchange tokens benefit as centralized exchanges battle with DeFi platforms

Exchange tokens catch a boost as governance and high yields attract fresh inflows and CeFi begins to merge with DeFi. Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like…
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REN price rallies 60%, hitting a new high after recent DeFi integration

REN price spiked to a new all-time high shortly after its recent integration with Binance Smart Chain. Ren (REN) price underwent a strong 65% breakout on Feb.19 as the interoperability-focused protocol saw continuing accumulation from whale wallets holding more than 1 million REN. Data from Cointelegraph Markets and TradingView shows that REN rose from $0.99…
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Venus (XVS) rallies 900%, TVL hits $3.54B after Binance Smart Chain launch

Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs. As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option for traders looking to…
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Oracle-focused tokens rally as DeFi searches for trusted data providers

The DeFi sector is booming but the future of the sector depends on oracles, here are some of the top contenders. To the observant cryptocurrency enthusiast, the sight of multiple large-cap tokens more than tripling their value since November 2020 is a healthy sign that a bull market cycle is underway.  Aside from a breakout…
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3 reasons why Theta price hit a new all-time high at $3.49

Big-name partnerships and the release of ThetaSwap DEX are just a few of the factors pushing THETA price to a new all-time high. The sustained bullish performance from Bitcoin (BTC) and Ether (ETH) has increased the confidence of crypto investors and many are now looking deeper into projects that have strong fundamentals and offer real-world…
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Avalanche (AVAX), Matic and Celo rally while Bitcoin price pulls back

Ethereum network competitors like Avalanche, Matic and Celo are seeing substantial gains as high gas fees push users to search for cheaper alternatives. Bitcoin’s (BTC) recent institutional investor-driven rally has steadily pushed its price to new all-time highs and while investors are intensely focused on BTC’s price action, a number of altcoins have also secured…
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3 reasons why Binance Coin (BNB) hit a new all-time high at $148

Record high trading volume and new offerings from Binance are a few of the factors behind Binance Coin hitting a new all-time high at $148. On Feb. 10 Binance Coin (BNB) hit a new all-time high at $148 after the native exchange token rallied 121% since the start of the week.  Data from Cointelegraph Markets…
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Cardano (ADA) price rallies 139% following smart contract implementation

Cardano’s successful testnet integration of smart contract functionality and plans to enter the DeFi space back ADA’s 139% rally. Cardano’s (ADA) price has increased 100% since Feb. 1 as social media engagement and excitement about the addition of smart contract functionality is propelling ADA to its highest price level since the bull market of January…
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