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transactions over $100K have increased from 66% of network volume in November 2022 to 89% today, suggesting growing dominance of high-value participants in on-chain activity, per Glassnode.
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đč Global $ETH Plan Each time after consolidation, Ether gained liquidity, after which the price successfully removed it and a very strong, dynamic trend began. With each cycle, consolidation and liquidity formation increased over time. In this cycle, accumulation has dragged on, as much as twice as much as the previous one. I expect the collection of all this liquidity, which has been accumulating for exactly 3 years, and after that - the beginning of the emergence of a new bullish wave #ETH #Ethereum
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đ Claim Your Crypto Box My "đđąđđđąđȘđđ„đŠ" đđđđŁđ đđ€đȘ đđ€đ§ đœđđđŁđ đđđ©đ đđ ! Random Giveaway From @TopCryptoNews đĄ #giveaway  #GIVEAWAYđ
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đŁ Chainlink Price Flashes Buy Signal as 18M LINK Leaves Exchanges Chainlink price targets a move to the upside as 18 million LINK tokens leave exchanges in five days. Is a 20% rally imminent? Chainlink (LINK) has flashed a buy signal as traders rapidly withdraw their tokens from exchanges, signalling that the token could be in an accumulation phase. Chainlink price trades at $13.22 with a slight 0.3% drop in 24 hours. Will the ongoing exchange outflow be the key driver for the next LINK rally, or will buyers have to wait longer before a breakout? đž Chainlink Price Flashes Buy Signal Amid Exchange Outflows Chainlink has recorded a notable spike in exchange outflows in the last five days, a sign that traders could be in an accumulation phase. This is typically a buy signal that may precede a supply squeeze if the trend continues while demand gradually rises. LINKâs exchange netflows have recorded a significant drop, indicating that the number of tokens leaving exchanges is notably higher than the number of tokens that are entering exchanges. According to this data, LINK netflows to exchanges have dropped from 17.96 million in June 20 to -472,000 LINK, indicating that traders have taken more than 18 million tokens from exchanges. These tokens would be worth more than $230 million at the current LINK price. đž Reversal Setup Signals 20% Rally Besides the surging exchange outflows, the technical structure further suggests that $13 could be an ideal entry price for Chainlink token buyers. This is due to the formation of a rounding top bullish reversal setup that signals the trend is about to revert to a bullish one. The rounding top pattern is on the verge of maturity as LINK tests the neckline resistance level at $13.07. Bulls will have to create a series of green candles above this resistance to confirm a bullish Chainlink price prediction that will see the price trend higher. #LINK #Chainlink
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âĄïž If You Hold 1,000 $XRP , Expect a Minimum $50,000 Profit This Year: Analyst Dustin Layton, the influencer behind the pro-XRP âTime Travelerâ account, recently stirred excitement about the potential value of 1,000 XRP by the end of this year. While 1,000 XRP is currently worth around $2,200, Layton confidently claimed that investors holding this amount could see a minimum profit of $50,000 this year. This outlook suggests a base return of approximately 23X for XRP holders in 2025. He even challenged the crypto community to bookmark the bold tweet and revisit it at the appropriate time in the future. Notably, Layton emphasized that the projected $50,000 profit was for 2025 alone, implying that the gains could further expand into 2026 and beyond. For context, with XRP trading around $2.20 today, generating a $50,000 profit from holding 1,000 XRP would imply a price of at least $52.20 per coin. Essentially, Layton is projecting that XRP could rise above $50 this year. đž Community Reacts: âI Hope You Are Correctâ However, most responses to Laytonâs tweet expressed skepticism. Many users remarked they hoped the prediction would come true. X user Ellian Betan commented that while the forecast is enticing, it remains a dream, as âthe world dwells in reality.â Meanwhile, another commenter, Tobias, stated that the projection might be possible for those who bought XRP at $0.07. Notably, the actual cost basis is irrelevant, whether one bought at $0.07 or $2, since the prediction is solely about XRP reaching above $50. Interestingly, accepting the challenge, one commenter asked Layton if he would delete his account should the prediction fail to materialize within the stated timeline. đž $50 XRP Would Imply a $3 Trillion Market Cap For context, a price above $50 would place XRPâs market cap above $3 trillion, significantly higher than Bitcoinâs current valuation. While this price target is ambitious, such lofty projections are common among analysts speculating how high XRP could go this year. #XRP #Ripple
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đ„ Shibarium Block Time Skyrockets 62%, Is This Good Thing? Shibarium, Shiba Inuâs layer-2 blockchain solution, has witnessed an unusual change in its block time, which could negatively impact transactions on the network. According to Shibariumscan data, the average block time has increased by 62%. đž Why Shibarium block time matters Notably, the average block time on Shibarium prior to now is pegged at 5.0 seconds. This helps to ensure new transactions are quickly added to the blockchain, an appealing feature for users of the ecosystem. However, the block time has increased appreciably to 8.1 seconds. This means that Shibarium is now getting slower at producing new blocks than it used to. This 62% spike in new block addition implies that transaction processing could take longer. Shibarium may experience congestion and reduced validator activity in the future unless something is done about it. As long as this slow performance persists, developers and users may face challenges with Shibarium. This slower block time could affect apps and games built on Shibarium. For instance, Shiba Eternity users might experience lag time on the platform due to the current 62% spike in block time. No official communication from the Shibarium team has been made regarding the reason for this increase in block time. đž Is adoption causing strain on Shibarium? Despite the spike in block time, the last logged volume of daily transactions stands at 4.51 million. However, if nothing is done to reduce block time, this figure could plummet rapidly as congestion builds up. This is likely to occur given the recent increase in adoption. Shibarium recently recorded a 7,154% surge as it gained market attention among users. Such a surge when block time has increased is likely to cause issues. Many users and developers await a reversal to the previous 5.0-second block time to ensure seamless performance. #SHIB #Shibarium
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