🔥 Companies are investing in $SOL GlobeNewswire reports t | TopCryptoNews on Binance Square

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🔥 Companies are investing in $SOL 
GlobeNewswire reports that Mercurity Fintech has raised $200 million in investments to create a strategic reserve in SOL.
In addition, DeFi Development Corp reported that they have already accumulated 999,999 SOL.
The buying season is in full swing
#SOL #Solana 

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📣 What is #Chainbase (C Token) ? Complete Guide to the World’s Largest Omnichain Data Network The rapid development of on-chain applications has led to an exponential increase in on-chain data. The trend has led to difficulties in the dispersion and interpretation of multi-chain data, particularly about real-time full-chain data. The integration of AI into the cryptocurrency market and the need for high-quality. Chainbase has emerged as a full-chain data network aiming to address this serious pain point. The project aims to build a data network infrastructure with dual consensus. This article introduces “Chainbase Genesis” and explains how it seeks to democratize on-chain data access. 🔸 What is Chainbase ( $C ) Token? At the heart of the project’s infrastructure is the Chainbase Token ($C). The C Token is the project’s native token designed to fuel the entire ecosystem. The C token price has experienced several positive movements following the announcement of its listing by Binance. The other exchanges that have listed C Token at the time of writing include KuCoin, MEXC, Bitget, and PancakeSwap, among others. There is a total supply of 1 billion tokens, launched on Ethereum. The C Token’s incentive structure is designed to create a sustainable token economy. At least 80% of the accrued fees will go to the operators who maintain the network. Some 15% has been earmarked to incentivize developers who bring valuable data tools. The remaining 5% will be gradually burned over time to reduce the token’s supply. 🔸 Key Benefits of Chainbase Low Latency, High Throughput: The platform facilitates fast data analysis and processing. Security: Chainbase supports a dual-staking consensus model and an on-chain verification challenge to guarantee data integrity. AI Readiness: The protocol is designed to transform raw on-chain data into verifiable, structured datasets for AI use. Data Interoperability: The platform is a unified system enabling data access and utilization across different applications and blockchains. @Chainbase Official

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📊 Ethena ($ENA ) Surges 19.75% as Price Breaks Above $0.50 Ethena (ENA) surged 19.75% in the past 24 hours, reaching $0.4999 at the time of writing. This marked a new multi-week high as the token broke above a significant barrier. ENA’s market cap now stands at $3.17 billion, while its fully diluted valuation (FDV) touched $7.49 billion. With a 24-hour volume of $1.2 billion up by 276.39% traders aggressively rotated back into the token. The market cap-to-TVL ratio sits at 0.5187, supported by a robust $6.1 billion in total value locked. 🔸 Will ENA Surge Further or Fallback? Trading activity picked up sharply, with ENA showing clear breakout momentum. If bulls maintain control, the token may extend toward the $0.55–$0.60 zone. However, failure to hold above the psychological $0.50 level could trigger a retest of $0.43, which now acts as support. Deeper retracements might revisit the earlier floor at $0.38. Yet, with strong momentum and volume backing the current uptrend, the structure favors continuation. Technically, the RSI on the daily chart surged to 82.12, breaching overbought territory. Still, RSI remains above its average line of 63.21, validating the bullish impulse. While extended RSI levels often imply overheating, current price behavior suggests strength rather than immediate reversal. Notably, the moving average lines have not yet formed a bearish crossover, which signals sustained upside interest. The Chaikin Money Flow (CMF) indicator confirmed strong inflows, with a positive reading of 0.16. This underscores net accumulation and investor confidence. Capital continues to move decisively into ENA, enhancing its bullish outlook. As long as CMF remains positive and volume sustains, price appreciation may persist in the near term. Furthermore, the daily candlestick structure reflects clean breakouts with rising volume—an essential sign of conviction. No major resistance exists until the $0.55 region, making this the next logical target. #ENA #Ethena

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