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Not all the time 😅$SOL $HOT $BNB
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futures markets saw significant open interest closure with over -$2.3B in force-closed or withdrawn contracts—the 7th largest event this cycle, highlighting substantial deleveraging. This dichotomy between on-chain and futures markets suggests the contraction was primarily driven by futures activity, while investor confidence in on-chain markets remained robust. $BTC $ETH $SOL
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candle stick pattern 💫 learn then earn 🤗 $SOL $HOT $MATIC
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$SOL Solana (SOL) is a cryptocurrency that relies on blockchain technology, aiming to provide high speed and efficiency in transactions. Here are some key points about Solana: - *What is Solana?*: Solana is a fast and secure blockchain platform that enables developers to build decentralized applications (dApps) and financial services. - *Solana Features*: - *Speed*: Solana is characterized by its high speed in processing transactions, capable of handling thousands of transactions per second. - *Security*: Solana uses advanced encryption techniques to protect data and transactions. - *Scalability*: Solana is distinguished by its ability to scale, allowing it to process large amounts of data. - *Solana Use Cases*: Solana can be used in a variety of applications, including: - *Financial Applications*: Solana can be used in payment, financing, and investment applications. - *Decentralized Applications*: Solana can be used to build decentralized applications (dApps) and financial services. - *Gaming*: Solana can be used in gaming and entertainment applications.
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💡 information 💡 _What is Blockchain?_ Blockchain is a distributed ledger technology used to record transactions in a secure and encrypted manner. It consists of a chain of blocks, each block containing a set of transactions. The blocks are linked using cryptographic algorithms, making it difficult to modify or delete data. _How Does Blockchain Work?_ 1. Transactions are recorded in a block. 2. The block is encrypted and added to the chain. 3. The block's validity is verified by a network of devices. 4. The ledger is updated across all devices in the network. _Benefits of Blockchain_ 1. Security: Cryptographic algorithms protect data from modification or deletion. 2. Transparency: All transactions are visible to everyone. 3. Efficiency: Reduced need for intermediaries and faster transactions. _Blockchain Applications_ 1. Digital currencies (e.g., Bitcoin). 2. Supply chain tracking. 3. Smart contracts. $SOL $ETH $XRP
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