$BNB is the native coin of the BNB Chain ecosystem, essential for powering its multifaceted Web3 environment. It supports transactions on the BNB Smart Chain (BSC), the opBNB L2s, and BNB Greenfield . Besides transaction fees, BNB serves as a governance token, granting holders the ability to participate in the BNB Chain’s decentralized on-chain governance.
Additionally, BNB functions as a strategic reserve asset and plays a critical role in the BNB Executive Total Value Locked (TVL) campaign, driving ecosystem growth and incentivizing adoption.
Originally launched in 2017 as Binance’s exchange token, BNB was designed to offer trading fee discounts and other utilities within the Binance platform. It later evolved into the foundational asset of a much broader ecosystem. Following its mainnet launch on April 18, 2019, BNB transitioned from the Ethereum Network to BNB Chain. "Build and Build" is the philosophy behind BNB, reflecting its role in fostering development within the ecosystem. fonte notizia coinmarketcap
$ENA Ethena is a synthetic protocol based on the dollar that operates on Ethereum, providing a native cryptocurrency solution for money that does not depend on the infrastructure of the traditional banking system, along with a dollar-denominated savings tool accessible globally: the "Internet Bond". Ethena is developing a synthetic dollar protocol called USDe, which aims to represent a crypto-native alternative to traditional stablecoins. The protocol uses cryptocurrencies like ETH and BTC as collateral, combined with derivative positions to maintain stability. Unlike USDC or USDT that rely on traditional banking systems, USDe operates entirely within the cryptocurrency ecosystem, offering users potential rewards through staking. Since its launch in early 2024, USDe has gained significant popularity in the DeFi ecosystem, maintaining its peg and attracting considerable liquidity. The protocol's innovative approach combines traditional financial concepts with blockchain technology to create a more accessible and efficient stablecoin solution.
$ALGO Algorand is a self-sustaining, decentralized network based on blockchain that supports a wide range of applications. These systems are secure, scalable, and efficient, all essential properties for effective applications in the real world. Algorand will support computations that require reliable performance guarantees to create new forms of trust. The mainnet of Algorand was launched in June 2019 and, by December 2020, it was able to handle nearly 1 million transactions per day. Algorand's transaction metrics are available here. Algorand's initial coin offering (ICO) took place in June 2019, with a price of $0.24 per token.
$ENA The market capitalization chart over the last 24 hours showed an increase from 1.8 billion dollars to levels of 2.1 billion dollars. The growth developed according to a steady trend, in line with the broader price movement. Even during the mid-session dips around 1.9 billion dollars, support quickly returned. Subsequent gains pushed the market capitalization beyond the 2 billion dollar mark before a controlled correction towards the close of the session. The trend of volumes increased, indicating continued participation throughout the period. The structure remained positive despite the brief end-of-session pause. On-chain data added that an address linked to Ethena Labs acquired 25 million ENA from Bybit, for a value of 6.7 million dollars. The address now holds 285.15 million ENA, for a value of 76.46 million dollars, marking a significant position within the circulating supply.
$ALGO friends the sales volumes are drastically decreasing this means that the bears are finishing seeing. Probably from tomorrow we will see a sharp recovery in price.
$ENA in the past three days we have seen a significant drop in sales, which means that the price is compressing and buyers will arrive soon. first target $0.30 second target $0.32 stop Loss $0.26
$NOT Friends, I was analyzing the NOT token and in my opinion, it could have a bullish explosion soon as the weekly RSI is at 12, which is in the oversold zone, so let's keep an eye on it. I am considering entering at the next retest of the candle.
Don't be fooled by some green candles, because it takes little to get caught up in the picture and lose money. Use your strategy and invest step by step, entering in red and exiting in green.
Guys, unfortunately the current price of $0.26 is heading downwards. If it drops below $0.25 we might find the first support with a probable reversal towards $0.21 $0.20
VanEck, Canary Funds, and Fidelity have launched competing products within three days, expanding options beyond Bitcoin-focused investments. This week, Solana ETFs from various issuers were launched on U.S. exchanges, while asset managers tested the demand for products related to altcoins and staking. VanEck's VSOL debuted on Monday on the exchanges with zero fees. Canary Capital followed on Tuesday with SOLC, collaborating with Marinade Finance to add on-chain staking within a trust structure on commodities. Fidelity's FSOL was launched with an annual fee of 0.25%, becoming the first Solana product from a major traditional asset manager. The new offerings follow Bitwise's BSOL and Grayscale's GSOL, launched at the end of October. The group of launches comes as issuers seek to capture flows moving toward strategies specific to each individual chain, potentially responding to the growing interest from allocators for assets that go beyond Bitcoin's market dominance. Bloomberg ETF analysts Eric Balchunas and James Seyffart commented on the previews Monday evening. In addition to Solana products, 21Shares filed on Monday for documentation for a Canton Network ETF linked to Canton Coin, marking one of the first attempts to package a token based on a permissioned chain into a regulated exchange-traded product.