Editor's PiCK
[Today's Global Trending Coins] Bitcoin, Ethereum, Solana, and More
Summary
- Bitcoin (BTC) has attracted investor attention due to a recent decline in price, increased online mentions, and signs of additional institutional buying.
- Ethereum (ETH) is drawing investor attention after the US Ethereum spot ETF posted a record-high net inflow.
- Solana (SOL) is in the spotlight due to rumors of launches of major strategy investment firms, and Chainlink (LINK) is also attracting attention due to whale address accumulation activity.
According to Token Mindshare, an indicator quantifying the influence of specific tokens in the virtual asset (cryptocurrency) market by Kaito, an AI-based web3 search platform, as of the 18th, the top 5 keywords people are most interested in regarding virtual assets are Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Chainlink (LINK), and Tether (USDT).
Bitcoin has reportedly seen an increase in online mentions recently as its price fell below $116,000. Currently, Bitcoin is trading on CoinMarketCap at $115,527.55, down 1.98% from the previous day. Meanwhile, Strategy hinted at additional Bitcoin purchases the previous day and Metaplanet also acquired an additional 775 BTC, drawing attention to the future price trend.
Ethereum made headlines last week due to the largest-ever net inflow into the US Ethereum spot ETF. According to Trader T on the 18th (local time), the net inflow for the US Ethereum spot ETF last week was $2,829 million (about ₩3,913.6 billion), with a trading volume of $18 billion (about ₩24 trillion), both record highs. Currently, Ethereum is trading on CoinMarketCap at $4,330.56, down 3.36% from the previous day.
Solana has gained attention amid rumors that major Solana strategy investment firms, supported by the foundation, are set to launch in September. Andy, founder of the crypto podcast The Rollup, said, "Companies are currently fundraising and are expected to complete the funding within 1 to 2 weeks." The official announcement is planned for the end of August or around September. Meanwhile, Solana is currently trading on CoinMarketCap at $182.86, down 5.18% from the previous day.
Chainlink recently garnered attention as four whale addresses accumulated a total of 589,995 LINK ($13.86 million) over the past 24 hours. Chainlink is currently trading on CoinMarketCap at $24.75, up 1.81% from the previous day.
Tether attracted interest after announcing a partnership with Lightning infrastructure development startup Lightspark. Through this, Tether’s open-source Wallet Development Kit (WDK) is planned to be integrated into the Spark Bitcoin Lightning infrastructure. With this partnership, developers will be able to launch wallets that support Bitcoin Layer 1, Spark, and the Lightning Network.
In addition, investors are also showing interest in XRP, Surf, Zora, Hyperliquid (HYPE), and Rekt (REKT).
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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