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BeyOglu - The Analyst
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$AAVE active loans hit record $30.5B, commanding 65% of DeFi lending market. Aave reached $30.5 billion in active loans on Sept. 18, representing 65% of the $46.72 billion in total active loans across decentralized protocols. Data from Token Terminal shows that the lending protocol maintains a comfortable lead over competitors. Its nearest rival, Morpho, holds less than $5 billion in active loans. Aave also commands a total value locked (TVL) of $42 billion, making it the largest DeFi protocol by TVL, based on DefiLlama data. The deposit figures would position Aave as the 53rd largest US commercial bank if it operated under traditional banking structures, placing it among the top 2.5% of US commercial banks based on June 30 regulatory data. #AAVE
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BounceBit $BB is highly Bullish. 🚀🚀🚀🚀🚀 short term Targets are: 0.233$, 0.29. Long term Targets: 0.29$, 0.36 and 0.48$ In my previous analysis I mentioned that the bounce bit was moving in uptrend and had form a bullish chart pattern inside the trend and may make breakout this chart pattern soon. Today @BounceBit has breakout this trend and faced higher selling pressure due to the Bitcoin correction phase. BB is still consolidating below resistance it might break it again. #BounceBitPrime
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Plume is following the downtrend. $PLUME is following the downtrend. At the time of writing this Plume is trading at 0.112$. It routes seems like downward and could fall below 0.1$. While there are chances as the market turn bullish it may breakout this downtrend. #Plume @Plume - RWA Chain
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UK’s Financial Watchdog Recognizes $XRP as a Utility Token — 35% Upside on the Table. The UK’s Financial Conduct Authority has classified #XRP as a utility token, with price action pointing to an approximate 35% upside if bullish momentum holds. In a landmark development for the cryptocurrency space, the UK’s Financial Conduct Authority (FCA) has officially recognized XRP as a utility token, according to crypto observer SMQKE.
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$MITO update hit accurate. In my previous analysis i inform that the MITO has break below the Symmetric Triangle and I mentioned that it will retest the resistance of this triangle, now its route is still downward it might fall below 0.21$. @Mitosis Official #Mitosis
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