Ethereum

Solana

Bitcoin

Toncoin

Solana, Ethereum, and Toncoin top crypto monthly gains with bulls and bears debating the direction of assets. Generally, the market has seen a slight bullish sentiment today as Bitcoin (BTC) and other assets inch forward. In the long term, these gains add to wider gains for other crypto assets.&nbsp;
<a href="https://coingape.com/price/solana/" target="_blank" rel="noopener noreferrer nofollow">Solana</a>, which has become an institutional investor favorite, trades at $171.1, surging 6% in the last 24 hours while maintaining 22% monthly inflows. However, the asset is down 5.4% this week due to the slight correction seen by most assets.
<h2 id="strong-ethereum-leads-gains-strong">Ethereum Leads Gains</h2>
Ethereum dominated crypto spaces last week following spot <a href="https://coingape.com/ethereum-etf-to-mirror-damage-caused-by-sam-bankman-fried-cz-better-markets/" target="_blank" rel="noopener noreferrer nofollow">ETH ETF</a> approvals by the United States Securities and Exchange Commission (SEC). The assets sparked a frenzy in crypto spaces leading to renewed interest.&nbsp;
ETH trades at $3,928 moving up 2.1% today as 24.98% this week. Monthly movements on the largest altcoin have topped 22% leading the pack as its price attempts a bullish breakout. Decentralized finance (DeFi) activities around the network’s protocols have rallied with consistent inflows.&nbsp;
Total values on the Ethereum blockchain stand at $66.9 billion Lido, EigenLayer, and AAVE leading the pack. Toncoin has seen several positive developments this year leading to increased volumes around the asset. TON has surged 22% this month and exchanges hands at $6.3. Daily trading volumes are up 52.8% as its market cap pieces $22 billion. TON hit an all-time high of $7.65 in April trading 16% behind that number.
<h2 id="strong-bulls-are-not-slowing-down-strong">Bulls Are Not Slowing Down</h2>
While these assets have recorded previous gains, market bulls are not slowing down as present sentiments point upward. Ethereum price inches closer to $4,000 after the approval of spot ETFs with daily trading volumes soaring over 30%. As traditional investors become attracted to Ethereum products, the general altcoin sentiment recovers.&nbsp;
Solana and <a href="https://coingape.com/toncoin-price-soars-3-amid-telegram-new-currency-announcement-heres-all/" target="_blank" rel="noopener noreferrer nofollow">Toncoin</a> also have a wide range of community support as on-chain activity surges. The total value locked on the Solana ecosystem is $4.83 billion, a 2% growth today amid a rise in protocol users. Similar momentum is also seen in Toncoin following née announcements on the platform.
Also Read: <a href="https://coingape.com/trending/top-cryptos-to-buy-under-2-to-make-millions/" target="_blank" rel="noopener noreferrer nofollow">Top Cryptos to Buy Under $2 To Make Millions </a>
The post <a href="https://coingape.com/trending/will-solana-ethereum-and-toncoin-22-monthly-inflow-halt/" rel="noopener noreferrer nofollow">Will Solana, Ethereum, and Toncoin’s 22% Monthly Inflow Halt?</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Will Solana, Ethereum, and Toncoin’s 22% Monthly Inflow Halt?

Зміст

Coingape News Media

Інші статті, опубліковані 27 трав. 2024 р.

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