$ETH and
$BTC still have not recovered from the fall.
#Ethereum is still below the 2000$,
#bitcoin does not exceed the important $85,000 mark. That said, the bearish sentiment is not as strong as in the previous phases of the cycle, which implies that the cryptocurrency is on hold.
Waiting for something new, maybe the result of the summit in the White House, which may have been held behind closed doors, maybe something else big.
For example, something incredible happened for
$TON blockchain, which is not the most popular one: some time ago another memecoin appeared on Blum Memepad
#FPIBANK , which at its peak reached $100M capitalization. But that's not the main thing, the most interesting thing is that its funder started bringing this idea to the masses, the idea of memecoins on TON. And the reach is really huge:
Speeches in the Russian State Duma, (analogous to the U.S. Congress)Speeches in leading universities of the country to attract the younger generation to the crypto industry in general and to the TON memecoin industry in particular.
This shows the openness of another Russian state to the promotion of cryptocurrency to the masses, which in the long term will break the sole control of the United States in the sphere of political management of cryptocurrency. In addition, in the neighboring country, Belarus, the cryptocurrency infrastructure is also developing - the president has expressed a positive attitude to mining, and cryptocurrency is gradually becoming part of the life of citizens, due to the established technologies.
Due to the above factors, the TON blockchain is getting a new lease of life, and liquidity pools on the blockchain's main DEX, STON.fi, are now performing well. For example, in the pools of the aforementioned $FPIBANK
FPIBANK/TON, APR - 58%
FPIBANK/USDT, APR - 139%
And the main pool of the blockchain, TON/USDT on STON.fi has an APR of 22%, which is extremely high compared to other blockchains where the main pairs have 1-2% APR.