Binance Square'de #Nuls yeni Katman-2 #ENULS ana ağı başlatıldı $ENULS, gas t

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#Nuls yeni Katman-2 #ENULS ana ağı başlatıldı $ENULS, gas token'ı için de $NULS 'i kullanacak, ENULS için yeni token yayınlanmayacak

#Nuls  yeni Katman-2 #ENULS  ana ağı başlatıldı
$ENULS, gas token'ı için de $NULS 'i kullanacak, ENULS için yeni token yayınlanmayacak

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Ethereum momentarily falls, underperforms Bitcoin in key measures. Since 2022, Ethereum's monthly active addresses have grown roughly 5x to 7.6 million. Glassnode data shows Ethereum underperformed Bitcoin during the current bull cycle. Ethereum may stay in critical range without a negative macro event. Ethereum (ETH) fell sharply on Friday despite roughly 5x user growth since 2022. Glassnode also published statistics showing Ethereum has underperformed Bitcoin (BTC) recently. As of May 5, Leon Waidmann reported more than 5.2 million monthly active Ethereum Layer 2 users, likely to establish a new record. With ETH Mainchain monthly active users, the Ethereum ecosystem would have had roughly 7.6 million monthly active users, almost 5x in 2022. IntoTheBlock data shows that Ethereum Layer 2 gas costs have dropped more than tenfold since the Dencun upgrade in March, coinciding with user growth. Ethereum has underperformed Bitcoin in the previous two years, according to Glassnode. ETH's poor ETH/BTC ratio and 44% loss this cycle double Bitcoin's (-21%). The Net Unrealized Profit/Loss (NUPL) of Bitcoin "crossed 0.5 and entered the euphoria phase three months before the equivalent metric for Ethereum," said Glassnode. Glassnode said that long-term Ethereum investors over the last one to two years are still hanging onto their stocks for "better profit-taking opportunities." Technical analysis: ETH may stay in critical range despite recent dip Friday's Ethereum price inefficiency was $3,045 to $2,905. Long holdings were liquidated heavily, reaching $27 million in four hours. Grayscale withdraws Ethereum futures ETF proposal with SEC as Ethereum resumes sideways slide Despite trader concern, ETH has fallen in recent days. The primary forecast is that ETH will trade between $2,852 and $3,000. Whales that bought ETH around $3,000 may benefit from the current dip. Without a negative macro event, ETH may stay in the range until the SEC approves Van Ecks' spot ETH ETF proposal on May 23. #ETHETFS #ETFvsBTC #BTC #altcoins $ETH

As SOL Soars 7.8 Percent on $2.8 Billion in Volume, What Will the Price of Solana Do? Is the $1,000 Markdown Plagued by Whales? As the broader cryptocurrency market has gained 2.5% in the last 24 hours, the price of Solana has soared by 8% today, hitting $153.37. The alternative currency has also had a 10% increase in value over the last week, but it has lost the same amount of ground over the last month, coinciding with a market downturn. With a 24-hour trading volume of $2.8 billion today, SOL seems to have reached a short-term turning point. As the market tries to shrug off pessimism, this level might be a precursor to another significant move in the coming days. As SOL Soars 7.8 Percent on $2.8 Billion in Volume, What Will the Price of Solana Do? Is the $1,000 Markdown Plagued by Whales? The SOL chart is looking good right now, with all of the indications pointing to a possible growth phase in the near future. But a huge amount of Solana—approximately $1.5 billion—went from one unknown wallet to another only yesterday. The Solana price can fall in the next few days since the defunct FTX exchange is selling off its assets to pay off its creditors. Due to the significant amount of the exchange's supply being locked up, the actual and estimated time of market arrival for FTX's Solana is unknown. Although FTX may release its supply in such a regular manner that it has minimal impact, traders should be aware that SOL might see some volatility in the medium-term. With a total value of $4.15 billion locked up, the coin's network accounts for Solana's promising long-term potential. Its popularity as a platform for new meme tokens also shows no signs of abating, which bodes well for the future of the Solana price. Consequently, the latter might hit $200 in the next months before challenging its all-time high later in the year. #Memecoins #solana #sol $SOL #altcoins

Whales Accumulate More $DOGE Predict Dogecoin Price Dogecoin rose 3.5% to $0.1515 in 24 hours while the crypto market rose 2.5% today. Although the market's largest meme currency dropped 20% in a month, DOGE is up 14% in a week. However, a huge dealer took $19 million in DOGE off Robinhood in one transfer, suggesting whales have been stockpiling the meme currency. Due to a busy weekend, the market may gain more in the following days. Dogecoin Price Prediction as Whales Earn More DOGE: What's Next? DOGE's chart suggests the currency is starting an uptrend that may continue a few days until it runs out of steam. Specifically, its 30-day average (orange) is barely crossing its 200-day average (blue), making a golden cross that may signify a breakthrough. DOGE's relative strength index (purple) is between 50 and 70, a day after falling below 30. The meme coin may be in for a short-term boom, since transfer and ownership data suggests whales are re-accumulating it. We had a couple major Dogecoin purchase this week, and whales now own more of DOGE's supply. Addresses holding 100 million to 1 billion DOGE currently own 21% of the token's circulating supply, up from 20.75% a week earlier. Though minor in percentage terms, whales have taken advantage of low pricing to acquire DOGE cheaply. Therefore, they stand to benefit as Dogecoin prices climb in the following days and weeks. It may gain further along with the larger market, which seems set to rebound after selling. As X may integrate digital payments on its network, including DOGE payments, Dogecoin has long-term potential. DOGE might hit $0.5 by year's end if this happens. #altcoins #Memecoins #DOGE #elonMusk

XRP tests crucial support at $0.50 as Ripple urges blockchain recovery alliance founding members of DeRec Alliance are Ripple and XRPL Labs. The DeRec Alliance unites Web3 enterprises to securely recover digital assets across wallets. After testing $0.50 on Thursday, XRP traded at $0.5174 on Friday. Ripple stated it has entered an association to help digital asset recovery with Hedera and the Algorand Foundation, wiping off gains from earlier in the week. XRP trades about $0.5174 early Friday. On Thursday, Ripple, Algorand Foundation, and Hedera announced that they had formed the DeRec partnership to safeguard digital asset recovery. Ripple and XRPL Labs are founding members and serve on the Technical Oversight Committee for two years. The business will advise on the alliance's governance structure and fundamental rules to simplify digital asset, account, password, and data recovery as in Web2 ecosystems. XRP has declined 2.7% this week, although it has stayed above psychological support at $0.50. With Ripple in a sideways trend for weeks, momentum indicators help predict the next move. Two key momentum indicators disagree on XRP. The Relative Strength Index (RSI) falls to 40 in all three main charts (weekly, daily, and 4-hour), indicating decreasing bullish momentum. XRP price momentum is good when the Moving Average Convergence Divergence (MACD) indicator displays green histogram bars above the neutral line. Ripple may fall 8% and sweep liquidity at the weekly support level at $0.4665 observed on April 19 if selling pressure continues. Since mid-April, weekly support around $0.4665 and resistance at $0.5630 have been important. A daily candlestick close above $0.53, the 50% Fibonacci retracement level of the slide from April 9's $0.6431 high to April 13's $0.4188 low, might disprove the bearish XRP would then encounter weekly resistance around $0.5630, established on April 6. #altcoins #CryptoWatchMay2024 $XRP #xrp #Ripple

Jack Dorsey predicts Bitcoin will reach $1M by 2030 Tech executive Jack Dorsey predicts Bitcoin will reach $1 million by 2030. “I don’t know,” Dorsey told Pirates Wires’ Mike Solana on Bitcoin’s potential worth. More than a million. I believe it exceeds that number.” Dorsey said his interest in Bitcoin goes beyond its price. “The most amazing thing about Bitcoin, apart from the founding story, is anyone who works on it, gets paid in it, or buys it for themselves — everyone who puts any effort in to make it better — makes the entire ecosystem better, which makes the price go up,” he said in a Thursday interview. Most of all, it's an intriguing environment and movement. It taught me much.” Dorsey isn't alone in expecting Bitcoin to soar. Ark Invest CEO Cathie Wood expects Bitcoin to reach $1m by 2030. In 2030, Fidelity Investments director of global macro Jurrien Timmer predicts Bitcoin will be worth $1m to $10m. Dorsey Drops Bluesky for Repeating Twitter ‘Mistakes’ This week, former Twitter CEO Jack Dorsey resigned from Bluesky's board. The 2019 platform intends to be a decentralized social media alternative. “Everything we wanted around decentralization, everything we wanted in terms of an open source protocol, suddenly became a company with VCs and a board,” he told Pirates Wire. “That's not what I wanted, that's not what I intended to enable.” He left Bluesky because it was “literally repeating all the mistakes [Twitter] made as a company.” Dorsey admitted his main interest is Nostr, another decentralized Twitter competitor. He intended to help Nostr become an open-source standard. Jack Dorsey's Block Buys Bitcoin Monthly Strategically Blockchain payments company Block is doubling in on Bitcoin under Dorsey. The company stated last week that it will spend 10% of its Bitcoin product earnings on monthly Bitcoin purchases. Block invested $220m in Bitcoin in 2020, one of the first public businesses to do so. The company's Bitcoin holdings rose 160% to $573m in Q1 2024. #CryptoWatchMay2024 #BTC #buythedip $BTC

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