• Chris Burniske, a prominent crypto market analyst, has suggested that the bears controlling Solana’s price might be mistaken.
• He believes the Ethereum killer still has a breakthrough opportunity to rally its price despite its current reverse down at a resistance level.
• Burniske has warned traders to be wary of market volatility that could lead to massive losses for those with opened long positions in leverages.

The crypto market has been abuzz with rumors of Solana’s price being controlled by bears. However, Chris Burniske, the former lead of Ark Invest’s crypto department, believes that this assumption may be wrong. Burniske believes that the Ethereum killer has a breakthrough opportunity to rally its price despite the current reverse down at a resistance level.

Burniske has cautioned traders to be mindful of the market volatility that could lead to massive losses for those with opened long positions in leverages. He urges investors not to be overly bearish on SOL in the coming months as the crypto’s retracement is likely to occur soon.

Since the start of the year, Solana has been in a bullish mood and has been benefitting from the recent market bullishness. Based on its daily and weekly trading movement since then, the current bearish action of SOL can be seen as a mere retracement, something which is normal for other risky assets.

Despite the current bearish market, Burniske’s optimism for Solana’s future gives traders a glimmer of hope. He believes that the crypto still has potential to make a breakthrough, and traders shouldn’t be too quick to give up hope. With the right strategy and tools, investors can potentially make profits from their long positions.

In conclusion, Solana’s current bearish action doesn’t signal any major panic. Its price retracement is expected to occur within the next few months, and Chris Burniske’s optimism gives traders a spark of hope for the future of the Ethereum killer. With the right strategies and tools, investors may be able to make profits from their long positions.

• Rocket Pool’s native token, RPL, rallied 55% and is among one of the top performers in the top 100 coins by market cap.
• The surge coincides with RPL’s listing on Binance, the world’s largest cryptocurrency exchange by trading volume.
• RPL is paired against USDT, the stablecoin issued by Tether Holdings, and is also available for trading in most decentralized exchanges.

The native token of Rocket Pool, RPL, has seen a surge of 55%, making it one of the top performers in the top 100 coins by market capitalization. The surge coincides with the listing of RPL on Binance, the world’s largest cryptocurrency exchange by trading volume. RPL is now paired against USDT, the stablecoin issued by Tether Holdings, and is also available for trading on most decentralized exchanges, including Uniswap, Bancor, and Balancer.

The uptrend of RPL has been further bolstered by its availability in US exchanges, including Huobi, Coinbase, Kraken, and MEXC Global. As such, the surge in RPL’s price has been significant, with its market cap reaching $675.1 million and its price currently standing at $34.51 in the daily chart.

The listing on Binance has opened the token to more liquidity, allowing traders and investors who might not be familiar with the intricacies of DeFi trading to purchase the token. With the hard work of the Rocket Pool team paying off, the next market cycle is now about decentralizing all layers of the blockchain industry.

The increased liquidity and availability of RPL has allowed the token to further increase its appeal and value. As such, the listing on Binance has opened up the token to a wider audience, and the surge in its price is a testament to the hard work of the Rocket Pool team. With the increased liquidity and availability of the token, it is likely that the demand for RPL will continue to grow, making it an attractive option for investors.

• Polkadot posted significant gains over the last week after Bitcoin showed recovery on its chart.
• DOT noted a fall of 2%, but that could be attributed to a slight fall in demand for the altcoin.
• The market structure for DOT remains bullish as the coin managed to flip a few resistance marks into support levels in the past week.

Polkadot (DOT) has seen some major gains over the last week due to Bitcoin’s recovery on the charts. Other altcoins have seen similar gains and DOT is no exception. At the time of writing, DOT is trading at a price of $4.90, but has been struggling to break past the resistance of $5. Over the past 24 hours, DOT has seen a minor decline of 2%, likely due to decreased demand for the altcoin. However, the technical outlook for DOT remains bullish.

The market structure for DOT is showing a bullish sentiment, as the coin has been able to break through several resistance levels in the past week. But in order for DOT to continue its uptrend, buyers must keep up their momentum and help break through the $5 resistance level. If this does not happen, then DOT will start trading lower, resulting in a loss of investor interest.

At the moment, DOT is trading at 91% below its all-time high from 2021. This shows that there is still significant room for growth, but investors must remain patient while DOT works its way up. Accumulation has been increasing in the last week as buyers have outnumbered sellers, but DOT must overcome the hurdle of $5 to reach the next level of $6.

In conclusion, although DOT has seen some major gains over the last week, it is still facing a strong resistance of $5. If buyers continue to accumulate and demand for the altcoin increases, then DOT should soon break through this resistance level and head towards the $6 mark. Nevertheless, investors must remain patient and wait for the right time to make their move.

• A Litecoin whale has withdrawn $32 million in LTC from Binance, a sign that could be positive for the latest rally
• The transaction involved the movement of 425,660 LTC on the blockchain, worth around $32.1 million at the time of the transfer
• The transfer only took a negligible fee of 0.00000224 LTC to be possible

A massive Litecoin (LTC) transfer has taken place on the blockchain during the past day, signaling what could be a sign of a positive turn for the latest rally. According to data from the crypto transaction tracker service Whale Alert, the transaction involved the movement of 425,660 LTC, worth around $32.1 million at the time of the transfer.

This transaction was sent from a wallet attached to the crypto exchange Binance, and its destination was an unknown wallet. This indicates that the coins have been moved from a centralized platform to a personal wallet, which is usually indicative of activity from “whales” or major holders of the cryptocurrency.

The sheer scale of coins involved in this transaction, along with its negligible fee of 0.00000224 LTC, could have visible impacts on the price of Litecoin. It is difficult to say which way the price will respond to this transfer, as it depends on the intent behind it.

In the past, large transfers of this nature have been associated with positive changes in the price of Litecoin. However, it is important to bear in mind that the price of any cryptocurrency is determined by a wide range of factors, and that this transfer may not necessarily be the sole determining factor in the latest rally. It is thus important to stay up to date with news from the crypto world in order to get an accurate picture of the current state of the market.

• Solana’s native token SOL is up by 13%, reclaiming double digits after a dip in December 29.
• Solana is distancing itself from the „Sam coins“ with Messari releasing a detailed overview about the ecosystem.
• Solana is still maintaining its top 2 spot in terms of NFT sales volume and top 1 spot in transaction volume.

The Ethereum killer Solana has been on the down-low ever since its association with the collapsed exchange FTX. Even though the bears left its mark on investor sentiment on SOL, there is still hope for the struggling ecosystem as its native token SOL has seen a 13% increase in its price according to CoinGecko figures, Tuesday. This has led to the token reclaiming double digits after dipping as low as $7.96 back in December 29.

The uptick in price has come as a breath of fresh air for investors and holders of SOL, giving them hope for a possible reversal. In fact, Solana has been taking its time in distancing itself from being known as one of the „Sam coins“, with Messari releasing a detailed overview about the ecosystem on December 15. Despite this, the ecosystem’s NFT market has still suffered through this whole debacle, with DeGods and y00ts, two of the most prominent collections on-chain, deciding to migrate to Polygon. However, Solana’s NFTs sure don’t look dead, as it still retains its top 2 spot in terms of NFT sales volume.

Transactions also support a bullish future for its native token as it still retains its top 1 spot in transaction volume according to Delphi Digital, an institutional grade research platform. With such promising figures, it seems as though 2023 has new plans for the struggling ecosystem. It remains to be seen if Solana can live up to its reputation and become the Ethereum killer it was touted to be.