Editor's PiCK

[Today's Global Trending Coins] Solana, Bitcoin, OKB & More

Suehyeon Lee

Summary

  • Solana reached an all-time high in transactions per second (TPS), surpassing 2,300 due to the launch of Kanye West's meme coin 'YZY,' and is reported to be trading at $186.97, up 3.72%.
  • Bitcoin fell by 7.5% in a week, now trading at $113,774.66 as expectations for a Fed rate cut cooled.
  • OKB surged by 80% to reach $194.23, attributed to the burning of 93% of its total supply.

According to the token mindshare (Token Mindshare, an index quantifying the influence of specific tokens in the virtual asset (cryptocurrency) market, Top Gainer) of artificial intelligence (AI)-based Web3 search platform Kaito, as of the 21st, the top five most searched virtual asset-related keywords are Solana (SOL), Bitcoin (BTC), OKB, Binance Coin (BNB), and Chainlink (LINK).

Today, Solana made headlines as its transactions per second (TPS) surpassed 2,300, marking an all-time high due to the launch of Kanye West's meme coin 'YZY'. Currently, Solana is trading at $186.97 on CoinMarketCap, up 3.72% from the previous day.

Bitcoin is speculated to have seen an increase in online mentions due to its recent downward trend. Last week, Bitcoin hit an all-time high, surpassing $124,000, but it dropped by 7.5% in just one week and is now trading at $113,774.66 on CoinMarketCap. This is attributed to the cooling expectations of a rate cut by the Fed.

OKB has gained attention due to a price surge, analyzed to be a result of the burning of 279 million coins—93% of the total supply—this week. Typically, when tokens are burned, the asset's scarcity increases, causing prices to rise sharply. Currently, OKB is trading at $194.23 on CoinMarketCap, up 80% from last week, making headlines.

Binance Coin also grabbed attention today by hitting a new all-time high. The price of Binance Coin soared more than 6% in a single day, setting a new record at $875. It is currently trading at $861.28 on CoinMarketCap, up 0.98% from the previous day.

Chainlink has recently attracted attention as whale transactions surged. According to Santiment, Chainlink’s whale transactions soared to 713 per day. Chainlink is currently trading at $25.72 on CoinMarketCap, up 8.31% from the previous day.

Investors have also shown interest in Coinbase, STG (Stargate Finance), Everlyn, Momentum, and Tether (USDT).

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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