#StablecoinLaw As we begin a new week, the crypto market remains relatively stable, with all eyes on macroeconomic developments. Bitcoin (BTC) is trading around $67,900, slightly down from last week but maintaining strong support above the $66K level. Analysts expect a possible breakout if market conditions remain favorable and ETF inflows continue.
Ethereum (ETH) is showing resilience, currently priced at $3,690. Activity on Layer 2 chains remains strong, helping to ease pressure on the Ethereum mainnet. With the Dencun upgrade expected to launch in Q3, developers are optimistic about performance improvements and lower fees.
Solana (SOL) continues to impress, now trading near $160. It’s gaining traction in the GameFi and NFT sectors, with several major projects choosing Solana for its scalability. Daily active users and on-chain volumes are up, signaling increasing ecosystem growth.
While short-term volatility is expected due to global inflation data and potential Fed decisions, the overall market sentiment is cautiously optimistic. Long-term investors are focusing on fundamentals and development activity across chains.
Keep watching key levels this week—especially for BTC near $68K and SOL around $165—as they may signal the next move in the market.