Tuesday, March 28, 2023
  • Login
  • Register
btclive365.com
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
btclive365.com
No Result
View All Result
Home CryptoCurrency Predictions

Altcoins To Thrive in the Upcoming Bull Market- Do You Hold Any? 

btclive365 by btclive365
March 17, 2023
in CryptoCurrency Predictions
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


The crypto market appears to have gained significant strength as the majority of the tokens have been witnessing a significant upswing in the past few days. However, altcoins like Cardano and Solana who are tough competitors within the DeFi and NFT space, are expected to recover from their losses soon. 

Cardano and Solana are among the popular chains that are more focused on DeFi and NFT space. Although Cardano has recorded a couple of milestones, Solana is able to catch up with the pace of competing with the giant Ethereum. At its peak, Solana’s Total Value locked (TVL) crossed $10 billion compared to that of ADA which is around $326 million. Solana is also the among the largest platform for NFTs. 

However, Solana suffered dreadful days due to its close association with the FTX exchange. The platform was negatively impacted causing the TVL and NFT training volume to get slaughtered very hard. 

In terms of price, Solana had experienced a massive price crash amid the FTX fiasco but soon recovered and sparked a fine upswing since the beginning of 2023. Besides, Cardano’s price remained more stable than Solana’s and is displaying a calculated approach. However, the recent descending trend dragged both tokens toward their yearly lows. While Cardano managed to rebound and rise by 37.32%, SOL price soared by more than 98%. 

If we consider the historical data, then Solana has been a better performer than Cardano. But Cardano chain has never halted or faced a downtime like Solana which has registered its first halt after experiencing nearly 8 times in the previous year. 

Therefore, both altcoins are expected to thrive once the crypto space flips from bearish captivity. 





Source link

Previous Post

Verification Subscription on Instagram and Facebook Launched in the U.S

Next Post

DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined

btclive365

btclive365

Next Post

DeFi sees its biggest hack in 2023 as Euler loses $197M: Finance Redefined

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

How to sell Bitcoin – Bitcoin Magazine

November 9, 2022

Add a Tangible Asset to Your Portfolio: Buy Gold

January 7, 2023

Building Bitcoin Standard In Portugal – Bitcoin Magazine

November 9, 2022

USD/ZAR Rallies as SA President Ramaphosa Faces Potential Impeachment

December 1, 2022

Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves

1

Building Homesteader Lifestyle With Bitcoin – Bitcoin Magazine

1

Arbitrum dealings activity rockets 550% since August: Delphi Digital

0

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News

0

Extra gains are not favoured

March 28, 2023

Binance saw $850M withdrawal prior to CFTC indictment: Data

March 28, 2023

President Nayib Bukele Touts El Salvador as the ‘New Land of the Free’ in Vintage Americana Poster Featuring Bitcoin as Legal Tender – Bitcoin News

March 28, 2023

CFTC Labels Bitcoin and Ethereum as Commodities in Binance Lawsuit

March 28, 2023

Recent News

Extra gains are not favoured

March 28, 2023

Binance saw $850M withdrawal prior to CFTC indictment: Data

March 28, 2023

President Nayib Bukele Touts El Salvador as the ‘New Land of the Free’ in Vintage Americana Poster Featuring Bitcoin as Legal Tender – Bitcoin News

March 28, 2023

CFTC Labels Bitcoin and Ethereum as Commodities in Binance Lawsuit

March 28, 2023

We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, NFTs, and Altcoin trends and happenings

Follow Us

Browse by Category

  • Altcoins
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Cryptocurrency News Today
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

Recent News

Extra gains are not favoured

March 28, 2023

Binance saw $850M withdrawal prior to CFTC indictment: Data

March 28, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 btclive365 All Right Rivered .

No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

© 2022 btclive365 All Right Rivered .

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In