📈 Trading volume has veered heavily toward Bitcoin, Ethereum, & Solana as crypto's topsy turvy week ends on a good note. It's common for market-wide growth to be powered by these layer 1's, then redistributed to layer 2's & more. This may be a likely outcome for this weekend.

📈 The Solana faithful have been rewarded for their patience as prices have broken out +33% since the 4th of July. The climb is being fueled by crowd doubt toward SOL. Until FOMO replaces the FUD, $200 SOL is very much reachable soon.

📉 Bitcoin has now fallen to a 2-month low, with most altcoins faring far worse. With many traders buying the dip when BTC was nearing $60K, longs have been liquidated aggressively the last couple hours. This goes for other top caps like Ethereum and Solana as well.

🥳 VanEck's filing for a Solana ETF caused SOL's price to surge today. The rise based on the mere filing process shows the power of crowd optimism.

🧑‍⚖️ Also, keep an eye on how markets fluctuate based on Coinbase's lawsuit against the SEC & FDIC for their document restrictions.

📈 Solana and Avalanche are both seeing nice gains as crypto rebounds.

👉 SOL's rally is being accompanied by traders FOMO'ing in, meaning the rally is less likely to continue

👉 AVAX's rally is being mostly ignored by the crowd, meaning the rally is more likely to continue

🧑‍💻 Here are crypto's top projects that are part of the Solana ecosystem, sorted by average daily notable development activity over the past 30 days:

📈 1 Jupiter $JUP
📉 2 Wormhole $W
📈 3 Pythnetwork $PYTH
📈 4 Neon $NEON
📉 5 Solana $SOL
📉 6 Helium $IOT
📉 7 Helium Mobile $MOBILE
📈 8 Drift $DRIFT
📉 9 Metaplex $MPLX
📉 10 Marinade $MNDE

Check out this sector's watchlist here, and keep tabs on it as the 'cream rises to the top' among Solana-based projects over time.

Here is the latest write-up on Santiment's methodology for pulling important #github activity data from project repositories.

📊 #Ethereum is seeing the most #bullish crowd sentiment since September with the #SEC likely to approve the first #ETF's, and $ETH's price surge. Meanwhile, #Bitcoin & #Solana sentiment is slightly #bearish. The assets being slept on may be worth a look.

😒 The sentiment toward #crypto's top cap assets is still rather negative. This has been the case since the April 19th $BTC #halving didn't immediately result in rising market caps throughout #cryptocurrency. With uncertainty high, small wallets dropping out of the sector may be the ingredient needed for #Bitcoin and many #altcoins to enjoy steady recoveries leading up to the summer.

Enjoy our link to track the weekly sentiment of $BTC, $ETH, $BNB, $XRP, $ADA, $SOL, and $DOGE.

Get yourself a free week trial to Sanbase PRO to see what others in #crypto can't here!

📺 We have just dropped the first part in a series of walkthroughs on Sanbase! Along with one of Santiment's newer users and great content creators, Denome, join us as we talk about using the data screener and social dashboard to trade smarter!

According to the Relative Strength Index, the majority of top market cap #cryptocurrencies are in slight buy zones. This popular momentum oscillator, which is commonly used in technical analysis, suggests #Cardano as a potential buy low candidate.