Defying The Crypto Crash: Liquid Staking’s $20 Billion Rise Amid Market Uncer...
The crypto market has witnessed several fluctuations, but specific sectors’ resilience within this domain remains attractive. Recently, despite a noticeable dip in the broader crypto market, one area seems poised to touch its peak, demonstrating the potential and adaptability within the crypto ecosystem, per a report. Liquid staking, a sector that facilitates rewards for token pledges supporting blockchain operations, shows signs of resurgence. This re-emergence occurs despite an overarching downturn in crypto assets. Related Reading: Lido (LDO) Price Inks Gains Alongside TVL Rise –....
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A new report has highlighted the key changes that could follow a significant increase in Solana liquid staking. Driven by strong investor demand, if Solana’s liquid staking were to reach $18 billion, it could significantly benefit Solana (SOL) and Jito (JTO), a liquid staking token on the Solana blockchain, potentially fueling positive momentum and a rise in the value of both altcoins. Related Reading: Get Ready For Take-Off! Shiba Inu Price To Jump 7,350% — Analyst Adoption Boom To Ignite Solana Liquid Staking Over the past few years, SOL has had an impressive run, outperforming most....
Top crypto analyst Capo has indicated that the Bitcoin price crash is not over. This comes amid a rebound in the flagship crypto, which has climbed from the lows recorded during the recent crypto market crash. Analyst Predicts 30% Drop For The Bitcoin Price In his latest market update, Capo predicted that the Bitcoin price could still drop another 30%. This came as he noted that the flagship crypto remains above $100,000, far from the $60,000 to $70,000 range that would align with a complete market correction. He added that until then, the downside potential remains significant. Related....
As the cryptocurrency market remains volatile, Helium (HNT) is defying market sentiment with a 9.05% surge, leaving investors optimistic about its long-term prospects. However, the spotlight is quickly shifting toward GoodEgg (GEGG), the new Play-2-Date meme coin that has already achieved an impressive 180% rally. With investors looking for the next breakout, many are asking: […]
The cryptocurrency market’s recent crash left traders counting their losses, with $2.4 billion worth of positions liquidated in a matter of hours. The causes – crackdown measures in China, celeb concerns over Bitcoin’s excessive energy consumption, general widespread FUD – seemed to pale into insignificance amid the worsening picture, with losses eventually eclipsing $1.3 trillion […]
Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reason behind $500 billion crypto market wipe off. The crypto market lost over $500 billion in combined market capitalization earlier Friday. The market bloodbath led to over $700 million in liquidation as top crypto assets bled heavily. Bitcoin (BTC) fell below the critical support level of $40K while Ether (ETH) also lost $3K support.At a time when crypto proponents are debating whether the crypto market has entered a bear phase, many wild theories flooded the internet to make....