Top 2 Cryptocurrencies Influenced by On-Chain Developments Worthy of Monitoring

Saturday, 4 May 2024, 14:22
The cryptocurrency market experiences short-term buying pressure as digital assets recover. Solana and Shiba Inu show potential for price growth influenced by on-chain developments. Solana focuses on meme coins while Shiba Inu's technical upgrades enhance price growth potential.
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Top 2 Cryptocurrencies Influenced by On-Chain Developments Worthy of Monitoring

Solana (SOL)

Following a rally, Solana aims to surpass the $150 resistance zone, influenced by meme coins and cat-themed tokens. The network sees increased locked value, indicating user engagement growth.

Shiba Inu (SHIB)

SHIB stands out with notable gains and technical upgrades on Shibarium. Analysts suggest a bullish breakout for SHIB amidst overall market sentiment.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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