Beautiful: The number of satellites around the earth has increased dramatically since 1957 🛰 Soon there will be traffic jams even in space 😠 #Technology | TopCryptoNews on Binance Square

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Beautiful: The number of satellites around the earth has increased dramatically since 1957 🛰
Soon there will be traffic jams even in space 😠
#Technology  

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🔵 $SUI Price: How High Can SUI Go Following Nasdaq ETF Filing? SUI, the native token of the Sui blockchain, is making headlines again. This time, the catalyst is a major regulatory milestone: Nasdaq has filed a 19b-4 form with the U.S. Securities and Exchange Commission to list the 21Shares SUI ETF. This move officially begins the regulatory review process for the first U.S.-based spot ETF tied to SUI. The filing builds on an earlier S-1 registration by 21Shares and follows successful ETF listings in European markets, including Paris and Amsterdam. The news is pushing market optimism higher, as investors anticipate broader access and growing institutional adoption. 🔸 How the #SUI Price Is Reacting to the ETF News SUI is currently trading at $3.50, up 3.32% for the day. The price has displayed an upward trend, overcoming early-session volatility. After an initial dip, SUI surged to $3.55 before consolidating slightly. The intraday chart suggests consistent buying support, with higher lows forming throughout the day. Support levels are holding strong. The $3.40 mark has repeatedly acted as a floor, while $3.43 provided a base for upward moves. On the resistance front, $3.55 remains a key hurdle. SUI briefly tested it before pulling back. Minor resistance also exists between $3.52 and $3.53, where the token faced multiple pauses. Besides technical structure, trading volume rose 6.25% to $1.03 billion, supporting the bullish setup. If SUI breaks past $3.55 with conviction, it could test higher resistance levels and potentially shift into a stronger rally phase. 🔸 What Key Indicators Are Saying About SUI’s Next Move The Moving Average Convergence Divergence (MACD) line recently crossed above its signal line. Though the histogram remains slightly negative, it is flattening, hinting at a potential trend reversal. This bullish crossover signals that recent selling pressure may be waning. Meanwhile, the Relative Strength Index (RSI) sits at 53.50. This neutral position suggests room for more upside without risking overbought conditions.

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📣 Can $XRP reach $4.70 in 2025? breakout is likely if key support holds XRP has been trading within a well-defined high-timeframe channel, and price is once again approaching key support. With several technical factors aligning at this level, the possibility of a bullish expansion toward $4.70 is emerging, but confirmation is critical before this scenario can play out. As Ripple (XRP) continues to move within a high-timeframe ascending channel, the asset is now testing a critical support zone that could define its next major direction. Technical confluence between Fibonacci levels, historical market structure, and key volume nodes is forming a compelling case for a potential rally, if buyers can confirm support in the coming weeks. 🔸 Key technical points 🔺 Approaching Channel Support: XRP is retesting the low of its long-standing trading channel, an area that has historically provided major reversals. 🔺 Multiple Confluences Align: Support aligns with the 0.618 Fibonacci retracement, the value area low, and a higher low structure on the macro chart. 🔺 Bullish Expansion Possible: If support holds, price could rotate toward the channel high, projecting a target near $4.70. XRP has been consolidating within a high-timeframe ascending channel that has consistently dictated price direction over the past few years. Each major move, whether bullish or bearish, has respected the channel’s boundaries. Price is now revisiting channel support, which aligns with the 0.618 Fibonacci retracement, a historically significant zone of demand. Also overlapping this region is the value area low, the lower boundary of the high-volume trading range — along with a higher low on the macro chart. These overlapping technical factors suggest that this area could act as a launchpad if buyers step in with conviction. However, the bullish thesis remains unconfirmed unless support is clearly validated in the coming sessions.If support holds a nd buyers reclaim initiative, historical price behavior suggests #XRP could rotate aggressively toward the channel high.

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🤔 Why You Are Thinking About Ethereum All Wrong Have you heard? Ethereum is dead. Or no…wait, it is pivoting. The price isn’t high enough. Other chains are gaining traction. Something must be done. Ethereum is not dead. It is not pivoting. It’s doing just fine. The constant chatter about Ethereum online seems to fulfill a need for drama that the network itself has failed to provide. Ethereum has been the world’s leading and largest programmable blockchain since its inception. As Ethereum approaches its 10th birthday, it remains the preferred destination for digital asset investors, banks, and start-ups in the crypto ecosystem. Perhaps the biggest source of friction in the ecosystem comes from the gap between those who see Ethereum as a computing platform—the foundation for the future of digital finance—and those who would like it to be the ideal digital asset and store of value, similar, if not better than Bitcoin. For the latter group, Ethereum’s low asset price relative to Bitcoin is a perpetual source of disappointment. For people who see Ethereum primarily as a computing platform, the low asset price is secondary to the network’s enormously successful transformation over the last few years. In their view, and my own, Ethereum has gone from strength to strength. 🔸 #Ethereum then & now Turn back the clock five years and things looked different. Ethereum was closer to a wildly successful proof of concept than the future of finance. The network struggled to execute more than a million transactions a day, and when it became congested, transaction fees reached absurd levels, as much as $50 for a single payment or transfer. And every transaction came with a sizable carbon footprint, thanks to the proof-of-work transaction processing system. Today, the proof-of-work system is gone. In its place, proof of stake handles the same workload with a carbon footprint 99% lower. Ethereum’s capacity crunch is also a distant memory. Today, the network can handle up to 250-450 million transactions per year, according to recent estimates.

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🔥 Solana Cools Off — But Analysts Say an ETF-Fueled Summer Rally May Be Brewing Solana (#SOL ) may be cooling off on the charts, but analysts say that is why it is time to pay attention. SOL is one of the biggest gainers among the crypto top 10 today, only second to Dogecoin (DOGE), which is up nearly 7%. 🔸 Signs Point to a Brewing Solana Summer Rally Solana’s spot and futures trading volumes have declined in recent weeks. At first glance, this could suggest waning interest. However, some experts argue this slowdown may represent the calm before the storm. Among them is CryptoQuant analyst Burak Kesmeci, who described the shift as a potentially bullish reset. “We’re currently observing a cooling trend in Solana’s on-chain metrics… this deceleration can be an early-stage opportunity — especially when it coincides with an upcoming catalyst,” wrote Kesmeci. The analyst suggests this could be the long-awaited approval of a spot #Solana ETF (exchange-traded fund). Bloomberg ETF analyst James Seyffart recently hinted at growing regulatory interest in such a product. Many believe this financial instrument would unleash a wave of institutional capital, potentially fueling a surge in the Solana price. 🔸 Solana ETF Rumors and Technical Breakouts Add Fuel Adding to the momentum is the possibility of an imminent market breakout. Lunix, a crypto analyst, highlighted a dramatic “God Candle” on Solana’s price chart, catapulting the Solana price to $164.73. As of this writing, Solana was trading for $166.23, up by over 5% in the last 24 hours. While the name altcoin summer trend grows, it is fast becoming a serious narrative; prospects for its actualization on Solana continue to grow amid increasing catalysts. Rumors continue to swirl around a potential Solana spot #ETF approval. Filings could be reviewed by the SEC as early as July, following a spate of activity by firms like 21Shares and Grayscale. Analysts note that even a rumor about such a product can drive price discovery, just as it did for Bitcoin and Ethereum.

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🥴 Elon Musk sobered up Elon published a post in which he expressed regret about some of his past publications concerning Trump. Apparently, Musk has calmed down a bit and decided to improve relations with the president 😁 #ElonMusk #TRUMP

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