Okay, so CZ – you know, the Binance guy – he bought some Aster tokens. Two million dollars worth! He even put up a screenshot. A screenshot! Like we needed proof. It\’s not like he\’s got, what, a few dollars lying around? 🙄
But what spectral hand is pulling the strings of this infernal carousel? 🌀
XRP hit a short-term high near $2.550 and then decided it was time for a mood swing, just like Bitcoin and Ethereum. Down it went, below $2.520 and $2.50. Because why have stability when you can have chaos? 🎢🤪
By linking with Bitcoin and real-world lending to draw new liquidity and break its DeFi stagnation loop. Because why not ask Bitcoin to babysit your DeFi dreams? 🤷♂️💸
By late in the blessed month of October, Bitwise Investment Advisers LLC alongside Canary Capital Group LLC played hopscotch with the U.S. Securities and Exchange Commission (SEC) by submitting their latest little amendments, and wouldn’t you know it, XRP just might be stepping up as the star child of this crypto show, dreaming its ETF debut.
Honestly, SOL’s momentum? It’s still four times weaker than BTC, making it look like the understudy who can’t quite take the stage. Its total value locked (TVL) remains flat-like a stagnant pond-showing liquidity hasn’t yet rushed in, despite the hype.
Merlijn The Trader, oracle of the charts, declares the 50 SMA a “divine arbiter” since 2021. In 2021, it summoned bears; in 2024, it blessed bulls. Now, Bitcoin hovers like a moth before a flame, daring to test this sacred threshold. “The 50 SMA decides everything,” he writes, as if the algorithm itself were a judge with a calculator. One wonders if the line knows its own power-or if it’s just a glorified spreadsheet. 📊
In a bit of a to-do on the old X, that analyst chappie Ali popped up and declared $0.30 to be the bee’s knees for support, marking the rather unfortunate lower bound of a descending channel that’s been bossing the token’s prices about since August like some tyrannical aunt. According to this Ali fellow, the zone’s been a buffer for the buyers, sparking wee rebounds and quelling further slumps with the fervor of Jeeves sorting out a trouser crease. Sarcasm intended, old bean – talk about playing nursemaid to a whimsical coin! 😏
Numbers don’t lie, folks. Solana’s got 2.5 million active users daily, and XRP’s got… 25,000. Ouch. 😬 And transactions? Solana’s doing 100 million a day, while XRP’s at 1.5 million. Vibhu’s like, “Yeah, the numbers speak for themselves,” and then he drops the mic. 🎤
They’re saying it’s because of “market volatility.” Which, in normal person speak, means people are panicking and clicking things. A lot. $295 billion worth of clicking. And $516 billion sitting on the platform, presumably generating dust bunnies and existential dread. Transaction revenue jumped to $1.05 billion. I don’t even want to think about what they’re charging in fees. It’s probably based on how stressed you are.