Cryptom market shows new dynamics: Bitcoin before record course and Ethereum in the upswing
The cryptoma market is currently in a phase between pessimism and the spirit of optimism. Bitcoin particularly attracts attention because the currency is about to be a new all-time high and currently notes at around $ 110,000. The positive prospects of successfully completing the trade negotiations between China and the USA in London act as an essential driver for the current market development.
Bitcoin and Ethereum have clear price gains
Bitcoin has shown a positive development of around 5 percent in the last 30 days, followed by an increase of 4.1 percent within the last seven days. If there is actually an agreement in the trade dispute between the USA and China, market observers expect a further significant increase in the course for the leading cryptocurrency.
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For Ethereum, recent development was even more dynamic. The second largest cryptocurrency gained around eight percent of value within 24 hours. The ETH token has an increase of 4.1 percent on a weekly perspective, while the monthly performance is 9.7 percent. Here, too, a further increase in the course is expected in the event of a positive outcome of the trade negotiations, with the ETH course currently being around $ 3,000.
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Ripple and Solana with cautious performance
Ripple shows only slight price movements compared to Bitcoin and Ethereum. In the past seven days, XRP has only been able to win a slight gain of just over two percent, while a loss of just more than three percent has even been recorded on a month's perspective. For Ripple, the focus is particularly on the possible approval of a first XRP spot ETF by the US stock exchange supervision SEC in the coming months.
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Solana has also been relatively quiet in the past few days. The Altcoin has had a slight loss of 1.12 percent in the past seven days, while a minus of 7.6 percent is available at the month's perspective. However, the losses gradually decrease. Similar to Ripple, the approval of a first SOL-Spot ETF by SEC could also provide new impulses, whereby approval could probably be made in autumn.
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Solaxy: New Layer 2 solution before listing
The Solaxy-Token
presents itself as a welcome alternative to established cryptocurrencies and positions itself as the first Layer 2 cryptocurrency on the Solana blockchain. This technology builds on the strengths of the Solana blockchain and at the same time compensates for their disadvantages by addressing problems such as network overload, failed transactions and restrictions in scalability.
Buyers of the Solaxy token have the opportunity to invest directly in an attractive staking program that currently promises a return of 87 percent per year. In addition, the meme figure is strongly reminiscent of Pepe, which gives hope for a broad community support. The token is currently only available via the project website at a price of $ 0.001752, whereby the pre-sale ends in about five days and then the stock market listing.
Directly to the Solaxy website
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