Analysis

The latest report from CoinShares, a crypto asset manager, has revealed that digital asset investment products experienced a notable shift last week as $147 million in net outflows were recorded globally, ending a three-week streak of inflows.

Polkadot, an interoperable blockchain, continues to build. Less than a month after launching Agile Coretime, the first core was bought for 69 DOT over the weekend.

Polymarket data on Monday revealed that Donald Trump's odds over Kamala Harris in the presidential race surged to 54%, establishing an 8% lead for the Republican candidate. Following the lead, Trump-based meme coins saw double-digit gains.

FTX Token (FTT) recorded a massive price spike of 63% on Monday morning as the hope of repayment among investors jumps in.

Solana (SOL) is now trading around a crucial supply zone after an impressive 26% surge since September 18, following the Federal Reserve’s announcement of interest rate cuts.

Solana’s price struggled to cross $160 in June but is expected to surpass $295.02 by the end of 2024.

BONK is currently facing turbulent waters as a sharp decline casts a shadow over its recent price performance.

FTX creditors could soon receive payback of lost funds according to court documents and a call to vote that surfaced online.

In a significant legal case, Tornado Cash co-founder Roman Storm will now face a legal trial after the US court rejected a motion to dismiss several charges filed against the defendant by the US Department of Justice.

PEPE is approaching a pivotal moment as it tests the $0.00001152 level, a critical junction that could shape its next direction.

Notcoin ($NOT), a new cryptocurrency tied to a Telegram-based clicker game, has witnessed an extraordinary surge in market capitalization, recently surpassing $2 billion.

Uniswap recently announced a development that may enhance user experience in using the platform altogether. Investors are excited as the platform continues to find innovative ways to improve user engagement. 

Grayscale introduced six new cryptocurrencies to its Top 20 cryptocurrencies watchlist on September 26. The asset management giant published its report to highlight promising sectors within crypto for Q4 2024. 

Chainlink could reach a maximum value of $14.20 in 2024.

According to a Bloomberg report, crypto trading platform Robinhood and financial technology company Revolut are exploring the launch of their own stablecoins.

TRX, the native currency of the Tron network, is steady at press time and trending at around all-time highs.

Solana (SOL) is now trading at a critical juncture following last week’s market surge. The token has climbed over 20% from its recent local lows, now testing a crucial supply level around $150. 

PayPal announced on Monday that it would begin allowing business account users in the US to buy, sell and hold cryptocurrencies, excluding New York merchants.

As the altcoin season approaches, Cardano (ADA) is gaining momentum, having recorded more than a 14% increase in the past week, according to CoinMarketCap.

Some top coins of Solana, Bitcoin, and even Ethereum are edging higher. However, while holders are barely up double digits over the past week, a meme coin trader on Solana is swimming in profits at spot rates.