Summary of the most popular news in the crypto market in the past 24 hours
1. Solana Revenue Solana generated $2.64 million in revenue, which is 7 times more than Ethereum’s $364,635. This comes at a time when the market is witnessing a slowdown in trading activity.
2 Liquidations of positions $308 million worth of positions were liquidated in the market, with both long and short positions affected.
3 Ai&Meme Report: A daily report was released highlighting popular trends in the field of artificial intelligence and memes, with warnings about the associated risks.
4 Total Liquidations: Total liquidations in the market increased to more than $2 billion, reaching $2.053 billion.
Other Liquidations: $495 million worth of liquidations were recorded, with long positions being the most affected.
6. Recurring Liquidations: On February 1, $295 million worth of liquidations were recorded, affecting both long and short positions.
Conclusion
The news suggests that the cryptocurrency market has seen a lot of liquidation activity, reflecting significant price volatility. Solana’s revenues also reflect a strong performance compared to Ethereum, which could indicate a shift in interest among investors.