[Today's Global Trending Coins] Infinex, Bitcoin, Solana, and Others

Doohyun Hwang

Summary

Infinex is gaining attention as a cross-chain project supporting both Ethereum Virtual Machine and Solana.
Bitcoin is receiving positive outlooks among investors with the recent increase in spot ETF net inflows in the US.
Solana's DEX trading volume has significantly expanded thanks to the surge in meme coin trading volume.

According to the top gainer of Token Mindshare (a metric quantifying the influence of specific tokens in the virtual asset market) by the AI-based Web3 search platform Kaito, the top 5 most popular virtual assets as of the 17th are Infinex (INFINEX), Bitcoin (BTC), Kaito (KAITO), Solana (SOL), and Ethereum (ETH).

The cross-chain project Infinex, which supports both Ethereum Virtual Machine (EVM) chains and Solana, has gained global investors' attention, ranking first in 'Today's Trending Coins.' Infinex is currently conducting a $6 million campaign 'Yaprun' based on Mindshare data and user scores aggregated by the Web3 search platform Kaito. Rewards are distributed to top-ranking participants according to their scores.

Bitcoin, which is hovering around the $103,000 mark, ranked second. As of the 16th (local time), Bitcoin is trading at approximately $103,430 on the Binance Tether (USDT) market, down 0.5% from the previous day. Recently, the Bitcoin spot ETF traded in the US has recorded net inflows for three consecutive trading days, showing an increase in institutional demand. Amidst the possibility of reaching $200,000 within the year, Eric Trump, the second son of US President Donald Trump, drew market attention by stating at an event in Toronto, Canada, the previous day, "I will mine Bitcoin directly to win the global accumulation race."

Solana took third place. Recently, with the surge in meme coin trading demand, the daily trading volume of Solana-based decentralized exchanges (DEX) surpassed $6 billion, marking the highest level since February. About $4 billion of this is meme coin trading.

Ethereum turned downward after breaking through the $2,700 level due to profit-taking pressures. It is currently trading in the high $2,400s, down 3.7% from the previous day at around $2,490 on the Binance USDT market.

Additionally, HyperLiquid (HYPE), Doodles (DOOD), Abstract (ABSTRACT), and BankerCoin (BNKR) also made it to the top ranks of coins of interest among global investors.