Nov 22
🧑💻 While most crypto ecosystems have mildly slowed down their development activity rates as the holidays approach, Solana's is standing out as one of the few showing an increase in notable github events.
With many new projects coming out on the Solana ecosystem in recent months, this has led to a +11.2% increase in overall ecosystem development activity and a +4.2% increase in overall contributors, over the past month. 👍
🤑 Cardano has tripled its market cap over the past 17 days, amazingly bringing it to the cusp of surpassing a $1.00 market value for the first time since April, 2022. Today was the highest day of trader realized ADA profits in 8 months, and social media discussions are currently at their highest level for the coin in 11 months.
🧐 Bitcoin's flirtation with $100K continues as crypto's top market cap has now reached an ATH of $99,850. As its price continues to hit round numbers and fulfill limit sell orders, it is widely being perceived as only a matter of time.
📺 Another week of record breaking market caps as Bitcoin climbs within 0.5% of a $100K market value for the first time! We analyze whale behavior and surprising retail denials in our freshly published This Week in Crypto market update video!
Nov 21
📈 While eyes have been on Bitcoin making history, altcoins like XRP, Cardano, Stellar, Hedera, Mantra, and Algorand are growing their respective market caps rapidly. As long as BTC maintains a ~$95K+ support , expect November profits to continue redistributing to altcoins.
🐳 Ethereum has jumped back to $3.36K as altcoins surge. As profits redistribute from Bitcoin's $98,362 all-time high (which may be broken any minute), monitor the largest whale deposits to centralized exchanges with the free Santiment dashboard here!
🥳 Bitcoin's new all-time high now stands at $97,890 after a surge approximately 90 minutes ago. Among several factors, one metric to continue monitoring is the collective holdings of whale & shark wallets holding at least 10 BTC.
🐳 Over the past month, these wallets have collectively accumulated 56,397 more BTC, currently worth $5.428B. At the same time, there has been some interesting consolidation of these whale & shark wallets, as significantly more coins are held by these large addresses despite 1,256 less (-0.82%) of them existing compared to a month ago.
🧐 Regardless, following the overall amount of Bitcoin holdings from these key stakeholders will be a key signal to reveal how long this historic bull rally can last.
Nov 20
🐳 Whale activity has transitioned slightly away from large caps this week, and into many under the radar projects. Here are the top 10 coins seeing increases in whale activity over the past week:
📈 1) Frax $FRAX (On Arbitrum)
📈 2) USD Dio $USDD (On Ethereum)
📈 3) FDUSD $FDUSD
📈 4) Axelar $AXL
📈 5) Mantra $MANTRA
📈 6) FTX $FTT
📈 7) The Sandbox $SAND
📈 8) Rocketpool ETH $RETH
📈 9) Quant $QUANT
📈 10) Jasmy $JASMY
Whale transaction spikes, particularly when an asset's market cap is declining, is often a signal of accumulation and a potential bottom forming. Monitor these stats and many more with a free 2-week trial to Sanbase PRO here!
🗣️ Following the milestone Bitcoin all-time high to start the week, markets are chopping as focuses turn toward which coins may see the top isolated pumps next. The top trending coins across social media are currently:
🪙 Bitcoin $BTC: Crypto's top market cap new all-time high from yesterday leaves traders speculating for $100K and beyond.
🪙 Microstrategy $MSTR: Users are analyzing the correlation between MicroStrategy's stock performance and Bitcoin's price movements, emphasizing MicroStrategy's significant Bitcoin holdings and its role as a leveraged investment vehicle.
🪙 Litecoin $LTC: Users are sharing opinions on its price stability compared to Bitcoin, making predictions for future changes, and expressing various market sentiments. The community is engaged with both bullish and bearish views, indicating a significant interest in Litecoin.
🧑💻 Here are crypto's top NFT projects by development. Directional indicators represent each project's ranking rise or fall since last month:
➡️1) Decentraland $MANA 🥇
➡️2) Flow $FLOW 🥈
📈3) Enjin $ENJ 🥉
📉4) Metaplex $MPLX
📈5) Aavegotchi $GHST
📉6) Axie Infinity $AXS
📈7) Tensor $TNSR
📈8) AlienWorlds $TLM
➡️9) Monavale $MONA
📈10) Blocklords $LRDS
Read about Santiment's methodology for covering development activity for over 3,500 projects.