Chainlink (CHAIN) has recently experienced a surge in its short-term price action, delivering considerable gains to its holders. The excitement surrounding this upward momentum has been palpable, but astute observers have noticed some intriguing indications that suggest this hike might not necessarily signify the peak for LINK. Such a notion is not mere speculation; instead, it finds its foundation in the actions of LINK holders and the patterns observed in trading activity. These compelling insights offer a glimpse into the future trajectory of Chainlink and its possibilities. LINK Price Surge Fueled By Increased Accumulation, Network Activity LINK’s recent price surge has been underpinned by a significant token accumulation and notable activity on the Chainlink network. According to a LINK price report referencing Santiment data, the number of addresses holding between 0 to 1 million LINK has seen an incredible increase, potentially playing a pivotal role in driving the token’s value. Coingecko data shows LINK registering an impressive $8.33 price, and a remarkable 24-hour rally of 19.0%. In the last week, the crypto has risen 15.0% in value. However, the surge appears far from an isolated event, as the accumulation rate has shown no signs of slowing down. Such consistent accumulation often suggests a growing conviction among investors and traders that LINK’s value may be on the verge of another substantial increase. Insights From Network Activity A telling metric, the adjusted price to Daily Active Addresses (DAA) divergence, provided intriguing insights into the Chainlink network’s current state. As the token’s price rose, the number of active addresses decreased. When looking at historical trends, this pattern has indicated previous upswings for the Chainlink network. Consequently, this data hints at the possibility of another impending price upswing for the LINK token. The number of developers actively contributing to the Chainlink network has also experienced a significant increase since the first week of July. Technical analysts closely scrutinize chart patterns and price movements to identify potential trends and reversals. The recent rally in LINK’s price may have triggered breakout signals and attracted momentum traders, causing the price to surge even further. These technical indicators and chart patterns can act as self-fulfilling prophecies as traders react to them, potentially leading to a cascading effect on the token’s price. As the market evolves, tracking these key metrics, understanding market sentiment, and assessing broader market dynamics will be crucial in making informed decisions about LINK’s prospects. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from Cavatorta

The crypto market swiftly turned bearish from yesterday’s scarcely bullish outlook, and top coins have receded farther from their new-found support. But interestingly, MarkerDao’s MKR appears unperturbed by the market’s gloomy sentiment as MKR soared higher with massive gains, adding over 17% to its value on the day. MKR Price Outlook Over the last day, the MRK token has witnessed several steep rise and fall. The digital asset reached a day-high of $1,203 at 2:30 am UTC on July 21, a 20% increase from its July 20 opening price. MKR had lost momentum shortly after the $1,203 peak spike, falling to $1,134. However, it continued the fluctuations before regaining momentum for a more bullish rise. At the time of writing, Maker’s price is changing hands at $1,162, with a 17.63% 24-hour price increase. Maker’s current price is 26% higher than its value seven days ago and it may surpass $1,200 if it sustains the current bullish rally. A close look at MKR’s sudden price resurgence suggests the token might be riding on some other bullish waves. Possible Reasons Behind Maker’s Sudden Price Surge Maker’s dramatic price surge may be due to recent developments in the MakerDAO ecosystem. On-chain sleuth, Lookonchain, reported some conspicuous activities by top VC firms Andreessen Horowitz’s a16z and CMS Holdings, which are suspected to be responsible for the price surge. According to the report, a16z recently deposited large chunks of Maker tokens to Coinbase. The venture capital company deposited 12,864 MKR tokens worth approximately $12.6 million at the time. The firm also reportedly transferred another 6,900 MKR, worth $8 million by today’s exchange rates, to a new address, presumably with plans to deposit the funds on an exchange. Currently, a16z holds around 12,396 MKR tokens worth ~$14.4 million. Also, Lookonchain reported that CMS, a blockchain-focused private investment company, reduced its recently acquired MKR holdings. CMS Holdings deposited 525 MKR tokens worth $614,000 to Binance two hours before the sharp price surge. CMS previously withdrew 1,325 Maker tokens worth $1.54 million from Binance and Bitget at an average price of $793. The investment firm now holds 800 MKR, worth approximately $936,000. Implications Of a16z And CMS Holding’s Activities The unprecedented change in the token holdings of these top market players must have significantly contributed to the token’s price spike. The market positively reacted to the massive MKR sales, leading to increased trading volume and price surge. The sharp spike in MKR’s price can be interpreted this way: the trading activity of institutional investors like a16z and CMS Holdings draws more attention to Maker. The renewed interest could bring new buyers, exerting more demand pressure on the token and causing the price to spike further. However, the firms’ Maker holdings reduction may raise questions about the token’s long-term value. This potentially bodes badly for MKR as it could depress investor sentiment, causing massive selloffs which might push the price down.

The comeback of the Stellar Lumens (XLM) price keeps going on. In the last 24 hours, XLM has risen by another 15%, bringing the Ripple competitor’s price in line with XRP. Indeed, both tokens have risen by close to 65% (at this stage) since the summary judgment in Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC). Remarkably, the relationship between Stellar Lumens (XLM) and Ripple’s XRP has been an intriguing tale of correlation and decoupling. As the market reacted to the recent developments in the Ripple-SEC battle, XLM followed suit, experiencing a remarkable price surge. However, as the broader market conditions cast their shadows, the question arises: Can Stellar Lumens maintain its newfound independence and continue its upward trajectory? The Correlation Between XLM and XRP It is no secret that Stellar Lumens and Ripple’s XRP share many similarities in their blockchain technologies and use cases. Moreover, the founder’s Jed McCaleb’s connection to Ripple adds another layer of intrigue, as investors hope that XLM will not be deemed a security by regulators. This connection has often resulted in XLM mirroring the price movements of XRP. The market’s anticipation of developments for Ripple being equally impactful for Stellar has often led to such correlated movements, just like last week after the Ripple ruling. However, in recent days, Stellar Lumens has managed to stand on its own feet, showcasing its ability to decouple from the fortunes of XRP. One factor for this may have been its partnership with MoneyGram, which yielded the innovative B2B service called MoneyGram Access. This service enables the conversion of the stablecoin USDC into cash worldwide through MoneyGram’s branch network, tapping into Stellar’s ledger for seamless execution. This strategic collaboration has not only bolstered Stellar’s use case but also may catalyzed its recent surge in price. With the integration of Access into various applications and fiat ramps, XLM’s demand and utility is substantially boosted. For instance, the HoneyCoin app’s integration of Access for straightforward cash out in multiple African countries and the United Kingdom might have contributed to Stellar’s outperformance relative to XRP in recent days. A second factor for XLM’s recently strong performance could be the extremely high interest on the futures market. The open interest for Stellar Lumens has skyrocketed to over $120 million yesterday, a level not seen since the peak of the bull market in November 2021. Notably, this phenomenon is similar to XRP which has also seen open interest soar to prior record levels. Stellar Lumens Price Outlook Despite experiencing a sharp rally, Stellar Lumens still remains in rather bearish territory when looking at the 1-week chart. For this week, it’s crucial that the XLM price regains the 23.6% Fibonacci retracement level at $0,1583 as well as the 200-week EMA at $0,1597 (blue line). With the weekly RSI at 73, another leg up could be possible. On the 1-day time frame, XLM remains above all moving averages (EMAs). For a further bullish trajectory, it’s important that Stellar hold above the support at $0.1250. Should this happen, XLM could experience a further 35% rally towards the 38.2% Fibonacci retracement level. However, a drop below the support level at $0.1250 would challenge the bullish view.

Bullish XDC price prediction for 2023 is $0.04572 to $0.05850. XDC Network (XDC) price might reach $0.1 soon. Bearish XDC price prediction for 2023 is $0.02993. In this XDC Network (XDC) price prediction 2023, 2024-2030, we will analyze the price patterns of XDC by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency. TABLE OF CONTENTS INTRODUCTION XDC Network (XDC) Current Market Status What is XDC Network (XDC)? XDC Network (XDC) 24H Technicals XDC NETWORK (XDC) PRICE PREDICTION 2023 XDC Network (XDC) Support and Resistance Levels XDC Network (XDC) Price Prediction 2023 — RVOL, MA & RSI XDC Network (XDC) Price Prediction 2023 — ADX, RVI Comparison of XDC with BTC, ETH XDC NETWORK (XDC) PRICE PREDICTION 2024, 2025, 2026-2030 CONCLUSION FAQ XDC Network Current Market Status Current Price $0.04179 24 – Hour Price Change 18.31% Up 24 – Hour Trading Volume $12,366,105 Market Cap $578,896,274 Circulating Supply 13,851,287,700 XDC All – Time High $0.1939 (On Aug 21, 2021) All – Time Low $0.0001571 (On Jun 20, 2019) LTC Current Market Status (Source: CoinMarketCap) What is XDC Network (XDC) TICKER XDC BLOCKCHAIN XinFin Hybrid Blockchain CATEGORY Ethereum scaling solutions LAUNCHED ON April, 2018 UTILITIES Governance, gas fees & rewards XDC serves as the fuel token for the XinFin Network, an enterprise-ready blockchain featuring a hybrid (public/private) architecture. With EVM compatibility, the network caters to enterprises looking to build or scale their infrastructure within a blockchain ecosystem. From seamless interoperable smart contracts to frictionless payments, XDC Network provides all the necessary resources for various blockchain use cases. Moreover, XinFin’s mainnet token, XDC, presents a real-world utility, exemplified by platforms like TradeFinex.org. This allows small and medium businesses or institutions to create their financial requirements digitally and distribute them to banks or non-bank lenders through a common distribution standard, streamlining the financial origination process. XDC Network (XDC) 24H Technicals (Source: TradingView) XDC Network (XDC) Price Prediction 2023 XDC Network (XDC) ranks 58th on CoinMarketCap in terms of its market capitalization. The overview of the XDC Network price prediction for 2023 is explained below with a daily time frame. XDC/USDT Right Angle Descending Channel Pattern (Source: TradingView) In the above chart, XDC Network (XDC) laid out an Ascending Channel. Ascending channel pattern, also known as the rising channel. The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend. At the time of analysis, the price of XDC Network (XDC) was recorded at $38.64. If the pattern trend continues, then the price of XDC might reach the resistance levels of $0.04558 and $0.10020. If the trend reverses, then the price of XDC may fall to the support of $0.03074 and $0.02035. XDC Network (XDC) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of XDC Network (XDC) in 2023. XDC/USDT Resistance and Support Levels (Source: TradingView) From the above chart, we can analyze and identify the following as resistance and support levels of XDC Network (XDC) for 2023. Resistance Level 1 $0.04572 Resistance Level 2 $0.05850 Support Level 1 $0.03652 Support Level 2 $0.02993 XDC Resistance & Support Levels XDC Network (XDC) Price Prediction 2023 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of XDC Network (XDC) are shown in the chart below. XDC/USDT RVOL, MA, RSI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the current XDC Network (XDC) market in 2023. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $0.03337Price = $0.04220 (50MA > Price) Bullish/Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 79.03 <30 = Oversold 50-70 = Neutral>70 = Overbought Overbought Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume XDC Network (XDC) Price Prediction 2023 — ADX, RVI In the below chart, we analyze the strength and volatility of XDC Network (XDC) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). XDC/USDT ADX, RVI (Source: TradingView) From the readings on the chart above, we can make the following inferences regarding the price momentum of XDC Network (XDC). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 30.85203 Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 84.41 <50 = Low >50 = High High volatility Comparison of XDC with BTC, ETH Let us now compare the price movements of XDC Network (XDC with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs XDC Price Comparison (Source: TradingView) From the above chart, we can interpret that the price action of XDC is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of XDC also increases or decreases respectively. XDC Network (XDC) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of XDC Network (XDC) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price XDC Network (XDC) Price Prediction 2024 $0.3 $0.1 XDC Network (XDC) Price Prediction 2025 $0.5 $0.2 XDC Network (XDC) Price Prediction 2026 $0.8 $0.6 XDC Network (XDC) Price Prediction 2027 $1 $0.7 XDC Network (XDC) Price Prediction 2028 $1.5 $1.2 XDC Network (XDC) Price Prediction 2029 $2 $1.7 XDC Network (XDC) Price Prediction 2030 $3 $2.5 Conclusion If XDC Network (XDC) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish XDC Network (XDC) price prediction for 2023 is $0.05850. Comparatively, if unfavorable sentiment is triggered, the bearish XDC Network (XDC) price prediction for 2023 is $0.02993. If the market momentum and investors’ sentiment positively elevates, then XDC Network (XDC) might hit $0.1. Furthermore, with future upgrades and advancements in the XDC Network ecosystem, XDC might surpass its current all-time high (ATH) of $0.1939. and mark its new ATH. FAQ 1. What is XDC Network (XDC)? XDC is the fuel token of the XinFin network. XDC Network is an enterprise-ready blockchain with a hybrid (public/private) architecture. 2. Where can you purchase XDC Network (XDC)? XDC Network (XDC) has been listed on many crypto exchanges which include KuCoin, Bitfinex, Bittrex, Gate.io and Bybit. 3. Will XDC Network (XDC) reach a new ATH soon? With the ongoing developments and upgrades within the XDC Network Platform, XDC has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of XDC Network (XDC)? On Aug 21, 2021, XDC Network (XDC) reached its new all-time high (ATH) of $0.1939. 5. What is the lowest price of XDC Network (XDC)? According to CoinMarketCap, XDC hit its all-time low (ATL) of $0.0001571, on Jun 20, 2019. 6. Will XDC Network (XDC) reach $50? If XDC Network (XDC) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.1 soon. 7. What will be XDC Network (XDC) price by 2024? XDC Network (XDC) price is expected to reach $0.3 by 2024. 8. What will be XDC Network (XDC) price by 2025? XDC Network (XDC) price is expected to reach $0.5 by 2025. 9. What will be XDC Network (XDC) price by 2026? XDC Network (XDC) is expected to reach $0.8 by 2026. 10. What will be XDC Network (XDC) price by 2027? XDC Network (XDC) is expected to reach $1 by 2027. Top Crypto Predictions Dogecoin (DOGE) Price Prediction 2023 Bitcoin SV (BSV) Price Prediction 2023 Litecoin (LTC) Price Prediction 2023 Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

On-chain data shows that Chainlink’s social dominance has observed a large spike after its sharp price surge, a possible sign that the top may be here. Chainlink Social Dominance Rises To 3rd Largest In Cryptocurrency Sector According to data from the on-chain analytics firm Santiment, LINK is the third most trending asset in the market right now. The indicator of interest here is the “social dominance,” to understand which another metric needs to be looked at first: the social volume. The social volume measures the total amount of social media text documents (that is, text-based posts, threads, messages, etc.) that are making mentions of a given asset (which, in the current case, is Chainlink). This metric basically provides us with information about the degree of discussion that a particular coin is receiving across major social media platforms like Twitter, Reddit, Telegram, and 4chan. Now, the aforementioned social dominance is a metric that compares the social volume of a cryptocurrency, with combined that of the top 100 assets by market cap in the space. Naturally, in the case of LINK, this indicator tells us how much talk related to the top coins in the market is coming from discussions centered on Chainlink alone. Here is a chart that shows the trend in the LINK social dominance over the past month: As displayed in the above graph, Chainlink’s social dominance has registered a large spike following the rapid growth in the price of the cryptocurrency during the last couple of days. At the peak of this latest sharp surge, the asset’s value had climbed above the $8.4 mark, but since then the cryptocurrency has gone down a bit. Nonetheless, the price is still floating above $8.1 and the coin’s gains stand at an impressive 19%. Historically, rallies like these have attracted a lot of eyes to LINK, so it’s not particularly surprising that the cryptocurrency’s share of discussions in the sector has shot up. The scale of this rise, though, may be a slightly worrying sign. Chainlink is the third most talked about asset in the market right now, despite being only the 20th largest in terms of market cap. Generally, when an asset is being talked about too much, the price can become more probable to show a move opposite to what this large crowd is expecting. Given that the latest discussions have come just after the rally, it would appear likely that these talks are in fact a sign of hype in the market. Such amount of hype has often proved to be a bearish signal for Chainlink, as tops become more likely to form in this kind of market environment. If a similar pattern follows now as well, then it may mean that the current social dominance spike is a sign that a local top is already in for the cryptocurrency. LINK Price At the time of writing, Chainlink is trading around $8.1, up 15% in the last week.

Top cryptocurrencies that recorded massive gains include LINK, UNI, and MKR. Chainlink’s CCIP launch triggers LINK to experience an impressive price surge. Maker (MKR) spiked in daily trading activity, reaching nearly a year-high. Altcoin season is progressing with a bullish momentum, fueled by the partial victory of Ripple against the SEC. Another factor has emerged as the trigger: the US SEC initiating the review of 6 spot Bitcoin ETF proposals after approving BlackRock’s. Notably, Chainlink (LINK), Uniswap (UNI), and Maker (MKR) have emerged as the top gainers in the cryptocurrency market Certainly, let’s delve into the momentous developments and activities of LINK, UNI, and MKR. Chainlink (LINK) Gains Momentum with CCIP Launch Market Cap: $4.3 billion 24-H Trading Volume: $1.4 billion On July 18, the decentralized oracle network Chainlink (LINK) introduced its highly anticipated Cross-Chain Interoperability Protocol (CCIP) on its Mainnet. This revolutionary protocol allows seamless integration between traditional financial institutions with blockchain technology. Remarkably, CCIP facilitates the creation of cross-chain dApps across diverse networks such as Avalanche, Ethereum, Optimism, and Polygon. Following the CCIP launch, Chainlink (LINK) experienced a staggering surge in price. A month ago, LINK was trading at around $6.83, but the recent upswing drove it to $8.37, making it the day’s top gainer in the crypto market. Chainlink (LINK) Price Chart (Source: TradingView) At the time of writing, the trading price of Chainlink stands at $8.14, after an impressive 24-hour rally of over 20.51%. In addition, LINK’s daily trading volume has seen a massive surge of approximately 527%, according to CoinMarketCap data. Uniswap (UNI) Maintains the Uptrend Market Cap: $3.5 billion 24-H Trading Volume: $145 million Uniswap, the dominant decentralized crypto exchange (DEX), surfaced Twitter with the circulation of a malicious link shared via the founder’s hacked account. On July 20, the 254K Twitter account of the Uniswap founder Hayden Adams was subjected to a hack. Through this, the hacker was able to post a false update informing users that the platform was under attack, with a malicious phishing link attached. However, Uniswap’s core protocol remained unaffected. The official team assured this and users to not fall into the trap of any fake giveaways, airdrops, or bounties. Hours later, the compromised account was recovered. Uniswap (UNI) Price Chart (Source: Tradingview) This event induced a surge of over 6.8% in the price of UNI, the platform’s native token. The token rose from $5.8 to $6.2 in less than six hours. At the time of writing, Uniswap (UNI) traded at $6.15, with a 24-hour trading volume of over $146 million. Maker (MKR) Surges with High Trading Activity Market Cap: $1.13 billion 24-H Trading Volume: $162 million Over the past 24 hours, Maker (MKR) experienced a notable increase in trading activity surging 120%. Notably, the altcoin’s daily trading volume surpassed $167 million. During its intraday trading, the price of MKR surged to $1,196, the highest level since August 2022. The surge in trading comes alongside significant deposit transactions from a16z, a giant US venture capital firm. The firm transferred 12,864 MKR, worth $12.6M, to Coinbase and sent 6,900 MKR to a new wallet address. Maker (MKR) Price Chart (Source: Tradingview) At the time of writing, Maker (MKR) traded at $1,145.46, marking an impressive surge of over 16% in the last 24 hours and 24% over the past week. Highlighted Crypto News Today: XDC Price Witnesses Massive 22% Surge as Bulls Dominate

The Compound team deposited 20,000 COMP worth around $1.5 million to Coinbase. Kraken has sold 131,900 COMP tokens through Cumberland. Compound (COMP), an ERC-20 token that empowers community governance of the Compound protocol, has experienced a surge in its trading price after the remarkable transfer. A whale that is related to the Compound team has deposited 20,000 COMP tokens to Coinbase. On July 21, Santiment, the crypto market analyzer, reported that a whale account related to the Compound team deposited 20,000 COMP worth around $1.5 million to Coinbase, one of the leading crypto exchanges. Moreover, the whale currently holds a total of 402,462 COMP tokens, worth around $29.8 million. Compound (COMP) Suspicious Whale Transaction According to the report, the same whale account has received 644,556 COMP tokens worth $47 million from the Compound team and deployer. Following that, the wallet deposited 116,320 tokens worth approximately $6.5 million to the crypto exchange Coinbase. Moreover, the crypto trading platform Kraken has sold 131,900 COMP tokens through Cumberland and 27,800 tokens on the DEX. The suspicious transactions have caught the attention of the crypto market. It raised questions among investors about the reason behind the whale transactions. Cryptocurrencies like Compound have gradually pervaded mainstream consciousness and gained traction. Moreover, the recent whale activity in the Compound has started reflecting on its trading price. At the time of writing, the trading price of Compound is around $71.97, with an increase of over 2.17% in the last 24 hours. The trading volume of the COMP has experienced a surge of around 24.53%, according to CoinMarketCap. Highlighted Crypto News Today: Consistent Stablecoin Market Decline Brings Total Cap to $127B

Solana, a key player in the Layer-1 blockchain network domain, has shown a substantial improvement in the network’s uptime and reliability this year, with just one recorded outage so far since the year 2023 began. According to a performance report released by the Solana Foundation on July 20, the network’s stability and performance saw a significant uptick in the first half of 2023. The report presents detailed metrics including the network’s uptime and the ratio of non-voting to voting transactions, which are key indicators of network efficiency and reliability. Addressing The Network Reliability Challenge Despite its promising features, Solana has historically faced issues relating to network uptime and reliability. These problems, referred to as a “curse” by Co-founder Anatoly Yakovenko, were largely attributed to the network’s low-cost transactions, which according to Yakovenko frequently led to Solana network outages. Related Reading: Solana Shining Moment: What To Expect After SOL Crossed $20 However, the latest report offers a refreshing contrast to this history, marking a 100% uptime since February 25. This performance ensures that Solana completed an entire quarter without any outages, with the only disruption of the year in February causing a nearly 19-hour network blackout. Indicators Of Network Efficiency In addition to its uptime record, Solana is also making strides in the ratio of voting to non-voting transactions. To clarify, voting transactions are carried out when a validator, a crucial component of the blockchain ecosystem, gets involved in validating and approving one or more proposed data blocks on the network. On the other hand, non-voting transactions are those instigated by user activities on the blockchain, which could include actions such as sending or receiving tokens, executing smart contracts, or interacting with decentralized applications (DApps). The Solana Foundation report also predicts a decreasing these voting-to-non-voting transaction ratios over time, as increased network efficiency should result in a lower overall percentage of voting transactions. Furthermore, Solana’s throughput, measured in terms of transactions per second (TPS), is another vital indicator of network efficiency. The report reveals that Solana’s maximum daily TPS has been on an upward trajectory since January, a trend closely associated with new network upgrades. According to data from Dune Analytics, the transaction rate on the Solana network currently stands at 3,781 transactions per second. Meanwhile, the network’s native token SOL has been in a bearish trend in the past week. Particularly, SOL has plunged by more than 10% in the past 7 days. The asset has dropped from a high of trading above $30 last Friday following a quick spike to a low of $25.39 at the time of writing, down by roughly 6.6% in the past 24 hours. Featured image from Shutterstock, Chart from TradingView

All Other Senior Secured Debt Repaid by the Company LAS VEGAS–(BUSINESS WIRE)–$AGREE #AGREE—Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), is pleased to announce that it, alongside several subsidiaries, has successfully secured an additional $8.8 million in senior debt financing (the “Loans”) from a group of existing institutional lenders (the “Lenders”). The Company previously borrowed $18.9 million from the Lenders in November 2022, which together with the new Loans, have an aggregate outstanding amount of $24.3 million. The Loans mature on May 7, 2024, accumulate interest at a favorable annual rate of 8.5% and are secured against select assets of the Company and certain of its subsidiaries. “Our relationship with the Lenders has proven to be a significant asset to the growth and stability of Ault Alliance,” said Milton “Todd” Ault III, Founder and Executive Chairman of the Company. “The Lenders have consistently exhibited supportiveness and a willingness to fuel our future growth endeavors. This favorable borrowing rate is another testament to our relationship.” Kenneth S. Cragun, Chief Financial Officer, further added, “We have paid off all other senior secured debts at the Company, and the new Loans announced today provide needed working capital to further strengthen our financial position. We are elated to maintain such a solid senior lending relationship and feel incredibly comfortable with the Lenders as our partners for future ventures.” Loan guarantees have been furnished by Ault Lending, LLC, a subsidiary of the Company, Ault & Company, Inc., an affiliate of the Company, as well as by Milton C. Ault, III, the Company’s Executive Chairman and the Chief Executive Officer of Ault & Company, Inc. The proceeds from the Loans will primarily be deployed for augmenting working capital and facilitating the general operational needs of the Company. The new Loans were issued with an original issue discount of $1.3 million. For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or available at www.sec.gov. About Ault Alliance, Inc. Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com. Contacts Ault Alliance Investor Contact: [email protected] or 1-888-753-2235

The market share of stablecoins has decreased to 10.3% from 10.5% in June. Pax Dollar (USDP) was the most impacted of the top ten stablecoins. According to a recent analysis, the total value of all stablecoins has dropped for the sixteenth month in a row, to almost a level not seen since August of 2021. According to research published on July 20 by CCData, a cryptocurrency analytics platform, the stablecoin market worth dropped by 0.82% between the beginning of the month and July 17, bringing the market size of the sector to $127 billion. The market share of stablecoins has decreased to 10.3% from 10.5% in June. Pax Dollar (USDP) was the most impacted of the top ten stablecoins, dropping 43.1% to $563 million in July, its lowest amount since December 2020. According to CCData’s analysis, the decline was caused in large part by MakerDAO’s decision to liquidate $500 million in USDP from its reserves after failing to generate additional income. MakerDAO is the decentralized autonomous organization underlying the Maker protocol. As of July 17th, Tether (USDT) dominates with a 65.9% market cap share of all stablecoins. Light of Hope Both Binance USD (BUSD) and USD Coin (USDC) saw their market caps drop, with USDC dropping 3.01% to $26.9 billion and BUSD dropping 4.57% to $3.96 billion. This is the lowest market cap for USDC since June 2021 and the seventh consecutive monthly fall. Despite a string of declines, June saw a 16.6 percent gain in stablecoin trade volumes to $483 billion, the first monthly increase since March. Thus, providing investors with a light of hope. Stablecoin trading volumes increased last month, according to CCData, which attributes the rise in part to the Securities and Exchange Commission’s (SEC) litigation against Binance and Coinbase and the subsequent spike in the number of registrations for spot Bitcoin exchange-traded funds. Highlighted Crypto News Today: Radiant Capital (RDNT) Spikes 8%, Could This Be the Trigger?

Binance Labs partners with Radiant Capital to enhance DeFi usage. RDNT prices at $0.3031 with a 7.29% surge over the last 24H. The venture capital of Binance named Binance Labs has now announced its investment in Radiant Capital (RDNT) on Thursday. It is expected that the investment to bring forth the DeFi ecosystems by focussing on bridging fragmented liquidity. Radiant Capital, a lending protocol supports users to withdraw and deposit digital assets across multiple chains. However, the goal is pre-trained towards the expansion of numerous EVM chains whereas the limitless transactions will be discarded. Also, RDNTCapital has had victorious growth throughout the year 2023 once its launch. Radiant Capital Price Status Once the public partnership was released, the price of the RDNT market spiked to 7.29% at the time of writing. And the traders are in a rush which results in around 647.44% trading volume ranking 39th position in CoinMarketCap. Meanwhile, the market capitalization has reached 10.66% worth $88M. Yet, the price chart of the last 24 hours depicts green; seems bullish. RDNT 24H Price Prediction (Source: CoinMarketCap) Crypto enthusiasts guess that the investment announcement has gaslighted the RDNT token to surge among the crypt market. The basic aim of the partnership is to enhance the usage of the DeFi platform in a seamless and secure manner. Apparently, the price surge surprises the community and the engagement has given a hit to the investors and users. Representatives’ Comments on Partnership The Head of Binance Labs, Yi He stated: Meanwhile, the Founder of Radiant Capital, George Macallan feels excitement about the partnership and said: Henceforth, it predicts the futuristic era of DeFi is leading the way toward it. Despite the criticality to the DAO, Radiant Capital has put forth building cross-chain functionalities in a secure and seamless manner with the ecosystem. The upcoming era in DeFi looks forward to facilitating the effective onboarding of several million investors and users. Related Crypto News: Top Trending Cryptocurrencies of the Day

VICTORIA, Seychelles–(BUSINESS WIRE)–#blockchain–KuCoin, a leading global cryptocurrency exchange, has unveiled its 12th “Into the Cryptoverse” report, “Understanding Crypto Users In France.” The report uncovers the significant role of Gen Z investors in shaping the future of the French crypto market; approximately 40% of Gen Z crypto investors entered the crypto space in the last 6 months. The study, based on interviews with 500 adult crypto investors aged 18 to 60, provides a comprehensive overview of the motivations and preferences driving crypto investment in France. It also draws comparisons with the recently released German Country report, stimulating crucial discussions within the prominent crypto communities in Europe. Key Insights: A staggering 40% of Gen Z respondents have entered the crypto space within the last six months, indicating a growing interest and curiosity among young individuals in digital assets as part of their investment strategies. Despite 60% of Gen Z crypto users earning less than €35,000 per year, their enthusiasm for crypto investment remains undeterred, highlighting the financial resilience and adaptability of this younger generation. In France, 60% of Gen Z crypto users earn less than €35,000 per year, while in Germany, 62% earn less than €50,000 annually, both significantly lower than their Gen Y and Gen X counterparts. This trend highlights the financial challenges faced by the younger generation, yet their enthusiasm and adaptability signal a promising future for the crypto ecosystem in both countries. Gen Z investors in both France and Germany are attracted to crypto for the possibility of quick returns, reflecting their higher risk tolerance and eagerness for rapid wealth accumulation. Crypto use cases in France extend beyond trading, with Gen Z users showing higher engagement in purchasing non-fungible tokens (NFTs), utilising crypto for entertainment and travel expenses, and leveraging digital assets for online shopping. Gen Z investors heavily rely on social media influencers for crypto education, demonstrating their comfort with digital platforms and their potential to drive the future of crypto learning. Bitcoin and Ethereum are highly favoured in both countries, with Gen Z showing the highest preference for Ethereum, indicating their inclination towards innovative and emerging crypto projects. KuCoin’s 12th ‘Into the Cryptoverse’ report underscores is the growing reliance on cryptocurrencies among the younger generation, particularly Gen Z.The report serves as a compelling deep insight for policymakers, professionals, and investors to collaborate in shaping the future of the French crypto ecosystem. The industry must work together to provide comprehensive education, and develop innovative solutions that empower individuals across generations, particularly the Gen Z investors who are fueling the future of the crypto market. As the “People’s Exchange,” KuCoin remains committed to supporting the French crypto community and driving sustainable growth in the industry. “Our 12th ‘Into the Cryptoverse’ report uncovers a powerful trend: Gen Z is fearlessly diving into the crypto market, demonstrating an unprecedented level of interest and adaptability. This younger generation is not just participating, they are shaping the future of the crypto ecosystem. At KuCoin, we are committed to fostering this enthusiasm, living up to our commitment and empowering all investors to navigate the exciting journey of cryptocurrency. The future of crypto in France is bright, and Gen Z is leading the charge.” – Johnny Lyu, CEO, KuCoin To access the full report please visit the KuCoin website or click here. About KuCoin Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 29 million users in 207 countries and regions. In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. In 2023, KuCoin was named one of the Best Crypto Exchanges by Forbes and recognized as a highly commended global exchange in Finder’s 2023 Global Cryptocurrency Trading Platform Awards. Contacts For media inquiries: [email protected]

Dogecoin (DOGE) is fixated on a crucial juncture in its price trajectory. Having recently faltered at the previous range-high, the cryptocurrency community eagerly awaits to see whether history will repeat itself. DOGE bulls, ever resilient, have their sights firmly set on re-targeting $0.075 – a level that could signify a significant breakthrough if achieved. As the digital coin continues to command headlines and curiosity, the question on everyone’s mind is whether DOGE can overcome this critical hurdle and forge a path toward new heights. DOGE Bulls Eye Crucial Re-Entry As Price Finds Support As per Coingecko data, DOGE currently stands at $0.071, displaying a modest 24-hour rally of 0.5% alongside consistent seven-day gains of the same percentage. The recent price action indicates that DOGE has established higher highs and lows since mid-June, granting bulls a favorable advantage. However, the recovery momentarily stumbled upon reaching the previous range-high of $0.0751. Nevertheless, bullish investors saw an opportunity for re-entry at the price imbalance and FVG (fair value gap) located between $0.0694 to $0.0655. A DOGE price report reveals a notable pattern where generally, the price tends to hit the FVG before resuming its prior trajectory. This trend has been evident as DOGE has already experienced two rebounds from the FVG zone. Furthermore, this FVG range aligns harmoniously with the ascending trendline support. Considering this backdrop, a price rejection at the previous range-high of $0.075 might find support at the above confluence area. Therefore, this confluence area holds significant interest for bullish investors, as it could offer another compelling buying opportunity. Dogecoin Faces Mixed Sentiments While Dogecoin’s popularity as a meme coin remains strong, a separate report paints a sad picture for the cryptocurrency, suggesting that investors are increasingly exploring alternative options. The once-hyped meme coin is trading more than 90% below its all-time high, signaling a significant decline in value. Amidst conflicting views among analysts, some with a bullish outlook foresee a potential surge toward $0.07. However, contrasting opinions assert a more pessimistic perspective, predicting a likely dip below $0.05. Social media activity plays a substantial role in influencing the price of Dogecoin. While some future price predictions remain bullish, investors are now cautious, realizing that such levels may not necessarily translate to the high long-term ROI they once expected. Consequently, many opt to diversify their investments, seeking alternative opportunities beyond the world of meme coins. (This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk). Featured image from

Earlier this month, the platform announced a collaboration with SolidityScan. The market cap is up by 21% and now stands at $585,909,997 as per CMC. With its recent string of key alliances, XDC Network has reached a crucial pivot point as the global crypto market continues to grow. The current price of XDC, as reported by CMC, is $0.04238, representing a 22.69% gain over the last 24 hours. Source: CoinMarketCap The EVM-compatible network may accommodate businesses’ requirements for building or expanding blockchain-based infrastructures. XDC Network provides every resource needed to make a wide range of blockchain use cases a reality, from interoperable smart contracts to frictionless payments. To scale their Dapps on Ethereum, many developers are drawn to XDC Network. String of Key Collaborations Earlier this month, the platform announced a major agreement with a leading blockchain security business, SolidityScan. This alliance paves the way for productive cooperation with the end goal of making the blockchain ecosystem safer and more conducive to new ideas. In May, the hybrid blockchain ecosystem announced its collaboration with a division of SBI Group, SBI VC Trade, which specializes in crypto asset management. XDC Network’s strategic expansion into the Asian and European markets has also contributed significantly to the company’s explosive development. It is anticipated that these areas would play crucial roles in driving blockchain adoption in the near future. There has been a notable uptick in the volume of XDC Network trades on the cryptocurrency market. Amid the bullish momentum, trade volume has reached $12,116,774 and is up over 200%. Also, the market cap is up by 21% and now stands at $$585,909,997 as per CMC. Highlighted Crypto News Today: Chainlink (LINK) Rose 20% to Make a Three-Month High, What’s Next?

There have been a few major outages on the Solana blockchain throughout the years. So far, this year Solana has witnessed just one outage in February. According to a recent H1 2023 network performance report published on July 20th by the Solana Foundation, Solana’s stability and uptime have improved so far this year, with just one outage so far in 2023. Since February 25th, according to the most recent data, Solana has had no downtime at all. This year, in February, there was a single disruption that brought the network down for about 19 hours. It prompted validators to opt for a network restart. There have been a few major outages on the Solana blockchain throughout the years. In September 2021, a denial-of-service assault by bots spamming Raydium caused a significant outage. Invading robots caused a seven-hour network disruption in May of 2022. Another outage occurred in June 2022 because of a consensus failure induced by a bug. Major Developments The network, which is overseen by a large, independent set of validators from across the globe, has improved in a number of performance indicators, as mentioned in the network performance report. These include the ratio of non-voting to voting transactions, the time it takes to produce a block, and the number of transactions processed per second. According to Dune Analytics, the current network throughput is 3,777 transactions per second. On the development side, state compression is a new innovation that has been introduced on Solana. This method, which allows data to be stored on-chain, has resulted in significant savings. For example, the price of minting 100M NFTs on Solana has dropped to only 50 SOL. The team behind Solana blockchain, Solana Labs, has also recently released a new development tool called Solang that is fully compatible with the Solidity programming language. Solana Labs has introduced Solang to make the Solana ecosystem more approachable for Ethereum Virtual Machine (EVM) developers.

Charles Edwards, the mastermind behind the Bitcoin Hash Ribbons signal and founder of Capriole Investments, has sounded the alarm. The renowned analyst warns that the Hash Ribbons capitulation signal just flashed, a phenomenon that has historically accompanied moments of distress for BTC miners. As outlined by Edwards, Bitcoin’s hash rate had experienced an astonishing and seemingly unsustainable 50% surge in 2023. However, this meteoric rise came to a sudden slowdown, which has led to the Hash Ribbons capitulation signal to appear. Via Twitter, Edwards emphasized that the signal is neither a clear sell signal nor a buy indicator. But it demands prudent risk management until a renewed price rally: Market analyst Lukasz Wydra corroborates Edwards’ stance, pointing out that the death cross of Bitcoin hash ribbons is a signal of a time of uncertainty. Wydra revealed that historically, there have been 14 similar events, each leading to diverse outcomes. Among these events, three resulted in rallies, six led to sideways movements, and five triggered declines. Wydra takes a statistical approach and reassures investors that, statistically speaking, the Hash Ribbons capitulation does not inflict significant harm on the market. In fact, he emphasizes that when the capitulation finally subsides, it will usher in a strong buying signal, one that has shown remarkable effectiveness in the past. The last time the Hash Ribbons capitulation signal appeared was at the end of November 2022. It was followed by a prolonged sideways trend for over a month until the buy signal flashed at the beginning of January. The result? Bitcoin embarked on a furious rally, etching a memorable start to the year. Why Bitcoin Hash Ribbons Are Such A Powerful Tool In simple terms, the Hash Ribbon indicator is designed to detect periods when BTC miners are facing distress and possible capitulation. These phases tend to coincide with major lows in the price of Bitcoin, making them attractive buying opportunities for astute investors. Miners play a crucial role in securing the Bitcoin network and processing transactions. During periods of rapid price surges followed by sharp pullbacks, some miners may find it financially challenging to continue their operations, leading them to power down their mining rigs. Charles Edwards elucidates that when miners capitulate, it might be the most potent buy signal observable in the Bitcoin market. However, the indicator does not claim to time the exact bottom of the price. Instead, it identifies periods when miners are turning off their rigs due to adverse market conditions, leading to drops in hash rates. These moments often correspond to macro bottoms in Bitcoin’s price, making them opportune moments to accumulate Bitcoin. At press time, BTC traded near the range lows at $29,863.

Chainlink (LINK) has shown an impressive surge of nearly 20% in the last 24 hours. LINK became the top gainer in the crypto market. In the world of the crypto market, one cryptocurrency has caught the attention of investors with a remarkable surge. The cryptocurrency Chainlink (LINK) has shown an impressive surge of nearly 20% in the last 24 hours. Chainlink is the Web3 services platform that has its own native cryptocurrency, LINK. It powers Chainlink’s decentralized Oracle network. Recently, LINK’s trading price has experienced bullish momentum, resulting in Chainlink reaching the $8 mark for the first time in the last three months. The recent ecosystem development in Chainlink enhances the utility of LINK’s role. That started reflected in LINK’s trading price. On June 20, the trading price of LINK was around $6.83. After the sudden surge, the trading price jumped to the $8 mark. This massive surge sent a shockwave to the crypto community, and Chainlink became the top gainer in the crypto market. At the time of writing, the trading price of Chainlink is around $8.31, with an increase of over 20.51% in the last 24 hours. The trading volume of the LINK has experienced a massive surge of around 527%, according to CoinMarketCap. Moreover, with its massive bullish intent, LINK is expected to reach the next milestone in the coming days. Highlighted Crypto News Today: Can Lovely Inu Reach $0.00005 on Its 2nd Anniversary?

〜Supporting Brilliantcrypto’s global release〜 TOKYO–(BUSINESS WIRE)–#IEO–Brilliantcrypto, Inc. (HQ: Minato City Tokyo, CEO: Naruatsu Baba, henceforth “Brilliantcrypto”) has partnered with 7 Guild/DAO organizations across the world. Through these partnerships, Brilliantcrypto, the sustainable play-to-earn game, will advance onto the world stage through reaching these territories in which many blockchain game users reside. ● Partnership Introductions OLA GG OlaGG is the largest Web3 gaming community in the Hispanic market, boasting over 400,000 members across Latin America and Spain. Their community actively engages in the web3 economy by creating content, embarking on quests, and taking part in esports tournaments. As their players participate in community programs and level up together, they enhance their own growth and prosperity. They serve as a platform for economic empowerment within our community. #SomosOLA https://olagg.io/ Indi GG IndiGG is a gaming DAO acquired by Kratos Studios building distribution rails in emerging markets starting with India, to enable value exchange between game developers and gamers. The community is a collection of multiple micro-gaming communities that carry out independent operations to onboard players to web3. IndiGG is the world’s largest web3 gaming community that has a phygital presence of over 700,000 players. In the IndiGG model 70-80% of the funds received from games are passed on to the community in the form of rewards in a completely transparent manner Kratos Studios has raised $20M from marquee venture investors like Accel, Prosus Ventures, Nexus Venture Partners, etc. and L2 investors like ImmutableX and Polygon. https://indi.gg/ GuildQB GuildQB is a Web3 social platform that caters to GameFi and NFT game players. Since our launch in the spring of 2022, we have been sharing information about Web3 gaming through the media “Scholars Lab”, as well as on Instagram, and Twitter. In February 2023, we launched our first NFT collection “Kisaragi” launch and are continuing to develop our metaverse platform, “QB Metaverse City” (provisional). GuildQB has also been active in physical events, exhibiting at the Tokyo Game Show and Blockchain Expo in 2022. With our partners Kyrie & Terra, we have made efforts to raise awareness about Web3 games. Stay updated on GuildQB through Discord, where you can get the latest news and even win AL rumble and coins you can use soon. Our Discord is also a great place to connect with fellow players and discuss strategies for Web3 games! https://guildqb.com/ Samurai Guild Games “Samurai Guild Games” is a Japanese guild, tearing down barriers for Japanese participation in Web3 games. We enrich our members’ lives by creating new gaming opportunities centered around Play, Earn, Learn, and Create. #SamuraiGG https://www.samuraiguild.games/ AvocadoDAO Avocado DAO is a pioneer in the Blockchain gaming space, boasting the largest scholarship size of 2021 with a main directive of on boarding the next generation of Web3 users. It is a collective of likeminded community members and core contributors that believe in the benefits of Blockchain technologies and metaverses. https://www.avocadodao.io/ PathDAO PathDAO is the premier venture studio based in SEA building the future of gaming. We invest into and incubate projects at the intersection of web3, social, and gaming. Besides that, we are a digital society that welcomes all gamers regardless of background. https://pathdao.io/ Ninja Game Guild Ninja Game Guild is a game guild mainly based in Africa. Through NFT games, they tie Japan and Africa together, and aim to resolve societal issues. In May 2023, they worked with large businesses from Japan at a Web3 event held in Nigeria, helping build a bridge between businesses and participants through sharing information as panelists and participants. They manage Guild, Inc., which has NFT Game guilds and also the objective of accelerating business cooperation between Japan and Africa. https://twitter.com/NinjaGameGuild Company Name: Brilliantcrypto, Inc. Headquarters: Tokyo, Minato City, Akasaka 9-7-2, 5F & 6F Midtown East Founded: 2022/11/09 Executive Director: Naruatsu Baba Brilliantcrypto, Inc. Corporate Site: https://brypto.net Contacts ＜Point of Contact regarding inquiries from the media on this release＞ Brilliantcrypto PR Representative: Hugo Church, Naoki Nose, Yasuhiro Noguchi Mail: [email protected]

On July 17th, Eastern Time, Coresky, the world’s first asset-packaged NFT issuance and trading platform, announced the launch of its fifth Launchpad, further promoting the development and innovation of asset-packaged NFT technology and providing users with more opportunities to participate in and invest in encrypted assets. In this Launchpad, Coresky will mint its own LayerZero primary market assets into LayerZero-packaged NFTs with a total value of up to $1 million. The issuance of these NFTs will grant users the rights to own primary market tokens of LayerZero that have not yet been issued. LayerZero is a universal messaging platform that adopts a super lightweight node design, allowing it run on expensive L1 chains like Ethereum without incurring high costs. This lightweight design enables LayerZero to efficiently process transactions and verify cross-chain interactions, making it possible for effective delivery of blockchain cross-chain transactions. Compared to traditional blockchain technologies, LayerZero possesses many unique features. One key feature is its support for native transactions between different chains. Through innovative endpoint design, LayerZero can easily scale to support various chains. This sets LayerZero apart in competition with chains like Polkadot and Cosmos, opening up new possibilities for general message passing in Web3. LayerZero has attracted attention and favor from numerous well-known investment institutions, including a16z, Sequoia, Tiger Global, Coinbase Ventures, PayPal Ventures, Spartan, Multicoin, Del, Binance Labs, S Global, CoinFund, and Polygon. These institutions hold an optimistic view of LayerZero’s future growth prospects. The Scroll-packaged NFT, the previous Launchpad project on the Coresky platform, has been successfully sold. According to reliable sources, Scroll is expected to launch its mainnet in August this year. The issuance of high-quality blockchain project assets has led to a rapid increase in users on theresky platform. The platform shows that the number of CoreCard NFT holders is approaching 6,000. CoreCard is an identity and equity-based NFT offered by the Coresky platform, divided into six levels. In the Launchpad event, users of CoreCard levels V1-V5 are eligible to participate in the lottery. The fifth edition of Launchpad will release 10,000 LayerZero-packaged NFTs, with an initial Mint price of 100U per NFT. Users can simply mint and bind their CoreCard for free on the Coresky platform and meet the 7×24-hour binding requirement to receive Tickets generated by the CoreCard. These Tickets allow users to participate in the lottery for the LayerZero-packaged NFTs. Users who are successful in the lottery will be granted the rights to Mint the LayerZero-packaged NFTs. In this edition of Launchpad, users with V4 and V5 ranks will also receive free airdropped LayerZero-packaged NFTs as a reward from Coresky for being loyal users with high-ranking CoreCards on the platform. Users who wish to receive this airdrop benefit can upgrade their CoreCard to V4 or V5 rank through trading mining or directly purchase higher-ranking CoreCards on the Coresky Marketplace. Coresky will take a snapshot of user addresses holding CoreCard V4 and V5 July 31st, 00:00 Eastern Time. CoreCard V4 users who meet the snapshot criteria will receive a LayerZero-packaged NFT worth 200U, while CoreCard V5 users will receive a LayerZero-packaged NFT worth 1000U. Users only need to bind their CoreCard on the Coky platform to fulfill the snapshot criteria. The Coresky platform launches 12-15 Launchpad projects every year, providing users with continuous opportunities for investing and trading in more encrypted assets. As a pioneer in the Asset-packaged NFT field, Coky has a clear vision and goal to create unlimited possibilities for digital assets through the innovation of Asset-packaged NFTs. The platform is committed to providing users with a wide range investment opportunities by packaging diverse digital assets into NFTs, allowing users to access various types of investment choices on one platform, including cryptocurrencies, artworks, collectibles, game assets, and more. Additionally, Coresky aims to promote liquidity and trading activities of digital assets while reducing the complexity and costs of transactions through the issuance and trading of Asset-packaged NFTs. Leveraging advanced blockchain technology and smart contracts, Coresky contributes to the issuance, trading, and governance of Asset-packaged NFTs, making a contribution to the development of the digital economy. It brings new opportunities for digital asset investments to users and drives the liquidity and development of digital assets. For more information, please visit: Coresky Launchpad: https://www.coresky.com/launchpads Twitter: https://twitter.com/Coreskyofficial Discord: https://discord.gg/coresky Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

Bitcoin price is still consolidating above $29,500. BTC must settle above the $30,400 resistance zone to start a steady increase in the near term. Bitcoin is struggling to clear the $30,000 resistance level. The price is trading below $30,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support near $29,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a decent increase if there is a close above the $30,400 resistance. Bitcoin Price Remains In A Range Bitcoin price attempted a fresh increase above the $30,400 resistance zone. However, BTC struggled to settle above $30,400 and reacted to the downside. There was a break below a key bullish trend line with support near $29,950 on the hourly chart of the BTC/USD pair. The pair declined below the $29,850 level but the downsides were limited. The price stayed above the $29,500 support. A low is formed near $29,591 and the price is now attempting a fresh increase. There was a move above the $29,650 level. Bitcoin price is now trading below $30,000 and the 100 hourly Simple moving average. Immediate resistance is near the $30,000 level and the 100 hourly Simple moving average. It is close to the 50% Fib retracement level of the recent decline from the $30,405 swing high to the $29,591 low. The first major resistance is near the $30,100 level. Source: BTCUSD on TradingView.com The 61.8% Fib retracement level of the recent decline from the $30,405 swing high to the $29,591 low is also near the $30,100 level. The next major resistance is near $30,400. A close above the $30,400 level might start a fresh increase. In the stated case, the price could rise toward the $30,800 level. Any more gains could open the doors for a move toward the $31,200 resistance zone. More Losses in BTC? If Bitcoin fails to clear the $30,000 resistance, it could continue to move down. Immediate support on the downside is near the $29,600 level. The next major support is near the $29,500 level, below which the price could accelerate lower. In the stated case, the price could drop toward the $29,200 support zone. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now near the 50 level. Major Support Levels – $29,600, followed by $29,500. Major Resistance Levels – $30,000, $30,100, and $31,400.