BitDAO

As the broader cryptocurrency market moves sideways, on-chain activity by high-volume investors—commonly known as "whales"—remains a key indicator for upcoming market trends. Recent data from leading blockchain analytics platform Santiment highlights the top altcoins witnessing a sharp increase in whale transactions. These movements could signal short-term price rallies and long-term investment opportunities.

🔥 Top 10 Altcoins with Weekly Growth in Whale Activity

1. Render Network ($RENDER )

2. SPX6900 ($SPX)

3. Sky Ecosystem ($SKYAI)

4. BitDAO (BIT)

5. Bitfinex Token (LEO)

6. DAO Maker (DAI – Optimism)

7. Circle USDC (USDC – Optimism)

8. Optimism (OP)

9. Aave (AAVE – Polygon)

10. Aave (AAVE – Ethereum)

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🧠 In-Depth Project Analysis

1. RENDER Network ($RENDER )

Render enables users to rent GPU power over a decentralized network, making it essential for compute-heavy applications like AI and the metaverse. Recent whale accumulation suggests increasing long-term investor confidence heading into 2025.

2. SPX6900 ($SPX )

Inspired by powerful GPU hardware, SPX is an emerging altcoin in AI mining and data processing. Whale activity in this early-stage project indicates strong growth expectations in AI-infrastructure-driven tokens.

3. Sky Ecosystem ($SKYAI )

SKYAI integrates AI with a strong focus on privacy. Despite being under the radar, it has attracted significant whale interest—positioning it as a potential "sleeping giant" within the altcoin market.

4. #BitDAO (BIT)

BIT plays a central role in DAO governance and capital allocation. Its influence in decentralized investments makes it a strategic asset for whales seeking both financial returns and ecosystem influence.

5. Bitfinex Token (#LEO )

LEO provides users of the Bitfinex exchange with trading discounts and exclusive features. Whale engagement suggests increased centralized exchange activity and long-term positioning.

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🔗 Layer-2 and Stablecoin Activity on the Rise

6–7. DAO Maker (DAI) & Circle USDC (Optimism)

Significant whale activity in DAI and USDC on the Optimism network has been observed, reflecting two key trends:

A strategic shift from Ethereum to Optimism to benefit from lower gas fees.

Capital preparation for upcoming DeFi opportunities on Layer-2.

8. #OptimismNetwork (OP)

As a leading Ethereum scaling solution, Optimism continues to attract institutional interest. Whale wallet growth and rising developer engagement underscore bullish long-term expectations.

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🧱 AAVE Gains Traction Across Networks

9–10. #AAVE (AAVE – Polygon & Ethereum)

Aave remains a cornerstone of DeFi, with increased whale transactions on both Polygon and Ethereum:

Ethereum: Larger, long-term investments.

Polygon: Efficient, short-term yield farming strategies.

This dual-network accumulation confirms Aave's ongoing relevance in DeFi.

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📊 Why Whale Movements Matter

Whales often act as early movers in new trends, and their activity can be a strong signal for retail investors. Here’s why it matters:

Accumulation typically precedes a price rally.

Cross-network interest demonstrates increasing project utility and credibility.

Stablecoin flows on non-Ethereum chains can hint at upcoming DeFi surges.

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🎯 Strategic Recommendations for Investors

Use on-chain tracking platforms like Santiment, Arkham, and Nansen to monitor whale behavior.

Focus on Layer-2 ecosystems, particularly those with cost-saving advantages.

Watch for AI and GPU-related altcoins, which are gaining momentum in the current market cycle.

Track stablecoin transactions on alternative networks—these may signal capital reallocation toward upcoming DeFi protocols.

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🔚 Conclusion: Quiet Accumulation or Start of a New Bull Run?

While retail attention remains scattered, whales are quietly building positions in high-potential projects. Altcoins like RENDER, AAVE, OP, and DAI demonstrate both technical strength and strategic accumulation patterns. This could be the early phase of a significant market move. Smart investors would do well to watch closely—before the rest of the market catches on.

Mantle Network, a leading Optimistic Rollup solution provider in the crypto world, has recently received a massive boost in funding and support from BitDAO, one of the most well-funded and respected DAOs in the space.

This news was announced via a tweet from Mantle Network, in which they outlined why they are bullish on the project and the exciting developments that are underway.

The crypto market is constantly evolving, and the rise of Optimistic Rollups has been one of the most significant developments in recent years. Optimistic Rollups are a layer 2 scaling solution that allows for faster and cheaper transactions on the Ethereum network, without sacrificing security or decentralization.

Mantle Network is one of the most promising Optimistic Rollups out there, and has been attracting a lot of attention in the crypto world due to its innovative approach and strong development team.

The recent tweet from Mantle Network outlined the reasons why they are bullish on the project, and why they believe it has the potential to revolutionize the world of crypto. According to the tweet, BitDAO has one of the largest treasuries in the crypto world, and has backed Mantle Network with a strong commitment to the project. This commitment was recently demonstrated through the passing of the BIP-19 proposal, which allocated significant funds for Mantle Network for the next year.

BIP-19 includes $10M in $BIT and $14M in $USDC for Testnet Opex, $145M in $BIT and $34M in $USDC for Mainnet Opex, and 15,000 ETH for gas fees. This injection of funds is a clear sign of BitDAO’s confidence in the project, and will undoubtedly help to accelerate the development of Mantle Network. With this kind of financial backing, Mantle Network is well positioned to take on the big players in the space and establish itself as a leader in the world of Optimistic Rollups.

In addition to the significant funding from BIP-19, the BitDAO forum is currently discussing two exciting proposals that could have a huge impact on the future of Mantle Network.

The first proposal involves partnering with core zkEVM Infrastructure to develop its own zkEVM, which would work alongside Mantle Network. This would be a significant step forward for the project, as it would enable it to offer even faster and more secure transactions.

The second proposal is about Mantle EcoFund, which would invest in development projects on the Mantle Network and develop the ecosystem. The fund would be worth $200M in total, and has reportedly attracted interest from prominent VCs like Dragonfly Capital, Pantera, and Folius Ventures.

These developments are a huge vote of confidence in the Mantle Network project, and are sure to generate a lot of excitement and attention in the crypto world. As the market becomes increasingly aware of the potential of Optimistic Rollups, Mantle Network is well positioned to become a leading player in this space. The team behind the project is highly skilled and experienced, and is constantly pushing the boundaries of what is possible in the world of Optimistic Rollups.

Overall, the future looks bright for Mantle Network and BitDAO in general. With a strong commitment to the project and significant funding and support, there is no doubt that this project has the potential to revolutionize the world of crypto. As the crypto world continues to evolve, it will be exciting to see how Mantle Network and BitDAO continue to push the boundaries of what is possible in this space. With the support of BitDAO and the wider crypto community, there is no limit to what Mantle Network can achieve.

This article was republished from azcoinnews.com

#Bitdao #Mantlenetwork #mantle #BIT