Editor's PiCK

[Today's Global Hot Coins] Solana, Bitcoin, USDC, XRP & Others

Source
Uk Jin

Summary

  • Solana and Bitcoin are causing investor concerns due to price declines and market anxiety.
  • USDC has gained investor attention due to fund movements into stablecoins during the virtual asset bear market.
  • XRP is drawing attention due to possible legal issue resolution with the SEC.

According to the Token Mindshare Top Gainers by Kaito, an AI-based Web3 search platform (Token Mindshare is a metric that quantifies the influence of specific tokens in the virtual asset market), the top 5 most trending virtual asset-related keywords as of the 25th are Solana (SOL), Bitcoin (BTC), USDC, XRP, and RWA.

First, Solana has been causing investor concerns due to its significant price decline amid recent negative factors. As of 1:35 PM today, Solana is trading at $139.09, showing a sharp decline of 13.28% compared to the previous day. Solana's investor sentiment was severely damaged by last week's meme coin incident, and the price fell significantly as the virtual asset bear market emerged due to macroeconomic uncertainties. Among major altcoins, Solana ranks first with an overwhelming weekly decline of 22%.

Bitcoin takes second place. Today, investors are focused on whether Bitcoin can maintain the $90,000 level. Investor anxiety is growing as experts, including BitMEX founder Arthur Hayes, predict that Bitcoin could fall to as low as $70,000.

USDC ranks third. Analysis suggests that interest in USDC has increased as investors seek to convert their funds into the stablecoin amid the virtual asset bear market.

XRP takes fourth place. There is growing interest in whether the SEC will discontinue its appeal against Ripple Labs, XRP's issuer, while the SEC has recently halted lawsuits against various virtual asset companies including Coinbase, Robinhood Crypto, and Consensus.

Lastly, RWA.xyz, which provides information about Real World Assets (RWA), naturally made it to the rankings due to the recent surge in interest in RWA.

Additionally, INFINI, Etena (ENA), Coinbase, BNB, and Ada (ADA) also attracted investor attention today.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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