Crypto Markets started today with a big deal when US government data first collided with blockchain. Pyth Network and ChainLink have worked with Commerce Department to push GDP figures up to crypto chains such as Solana and Ethereum. Following on, Pyth Crypto’s price action went wild, but ton and link holder cleaned up the bruises.
Pyth stole the Crypto Show, surgening from 70% of the announcement. Money is flowing as Oracle’s role in real-time data delivery is verified by Uncle Sam. Meanwhile, Solana is still surfing its waves, and its ecosystem metrics are reaching new highs.
(pyth/usd,source- TradingView))
Meanwhile, Tonn hit the rough waters and was soaked up $2.60 in support during the builder’s Exodus memorial drama. The community is frustrated with impediments in mobility and failed promises. Even with telegram ties, the sentiment is sour and the activity on the chain is flatlined.
(Tons/USD, Source – TradingView))
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Expectations for Link, Sol and Pis’s cryptography
ChainLink is currently integrating with replacement products at record lows. People will vent online about supply emissions that are outweighing demand and call on Link Teams for stagnation. However, the new reserve program is quietly buying back revenues. Therefore, there may be a turnaround in the play. The link comes with SBI and Euroclear partnerships, but prices are still behind. On-chain data shows that whales are actively snapping links.
Solana has momentum with a record of 600 million weeks of trading and 81% control of DEX volume. Developers count Blast Paets from 83% to over 7,600 to ensure they don’t forget to submit ETFs from Vaneck and Bitwise. Firedancer Update also has a promise of 100 times the scale, drawing Visa and BlackRock.
Sol TVL has climbed its annual peak with a 107K TPS burst. Memecoin’s hype and tokenized inventory are the reasons for the sol volume bump. PayPal and upcoming Alpenglow will likely drive the Solana for over $250.
(Sol TVL, Source – defill))
In addition to other players, Pyth has pushed its market capitalization by over $1 billion. This is a large code number that will not be seen since May. US-Pyth has a partnership that provides GDP data across 10 chains, pumping crypto trading volumes up to 70%.
Pyth Crypto has benefited a lot from the Solana ecosystem, especially with unauthorized governance. Pyth has been rewarding stakers with cross-chain crypto airdrops. As Oracles fills in Tradfi and Defi, it could come if explosive adoption of Pyth is underway.
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Helium HNT is ready for meeting: new price analysis reveals why
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Helium HNT Mobile is one of the crypto companies that continues to build. As the team pushes new developments, the base continues to grow in the background. The new talknomics model redirects 100% of HELIUM Mobile’s monthly subscriber revenue to burn HNT Crypto, thus creating shortages and, in theory, increase value.
HNT is burned to create data credits used to pay for all network activity, including data transfer over IoT and 5G networks.
Simply put: More Users -> More Network Activity -> More HNT burns.
As a growing Depin project backed by investors such as Andreessen Horowitz, GV (formerly Google Ventures), Pantera Capital, Deutsche Telecom and Goodyear Ventures (yes, tire companies), Helium Mobile’s HNT will be one of the great performance coins during the upcoming Depin season.
more here.
Forget your mortgage quote: Crypto and Memecoin can change your life
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Crypto Memecoins is rewriting its financial playbook and pulling retailers out of the grief they hear from billionaires about mortgage estimates. Memecoin’s market capitalization reaches $74.5 billion and a daily volume of $6.6 billion, and these tokens are one of the paths to finding financial freedom.
Memecoins like Dogecoin, Shib, and Pepe deliver traditional fund-shattering returns. Especially in the dog-themed category, there’s no way to turn into a billionaire within less than a month, unless it comes from Memocoin.
(Memocoin Growth, Source – Co Ringecko))
Retailers turn small bets from Mimecoin every year by millions. Last year, Solana Memecoins hype brought hundreds of times more coins. This year, Trump-related tokens reach an all-time high of market capitalization at a fully diluted value of $73 billion. The President showed the raw energy of Memecoin and gave people the opportunity to become billionaires.
Shiba Inu Shib was the top member who printed billionaires in the last Bull Run, making people forget about mortgage estimates.
This is not a dream.
reality.
Just hold it.#shib #shibainu #shiba #shibainucoin #Shibacoin #shibaarmy #cryptocurrency #cryptocurrencies #cryptos #crypto #cryptonnews #hodling #hodl #hoddlers pic.twitter.com/3wtekvq0jt— shiba inu (@Shiba2adollar) October 9, 2021
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