Chainlink Leads: The Most Developed Project in the Solana Ecosystem

According to Santiment data, developers contributed the most to Chainlink (LINK) over the past 30 days. Chainlink’s oracle infrastructure plays a critical role for many networks especially Solana which explains why it ranks far ahead in development activity.

Following Chainlink, Solana (SOL) itself ranks second, supported by ongoing development efforts focused on its core infrastructure. Developers continue to work intensely to enhance Solana’s technical strengths, including high performance, low fees, and parallel processing capabilities.

Notable Projects in the Top 10

Santiment’s latest ranking is as follows:

1. Chainlink (LINK)
2. Solana (SOL)
3. Wormhole (W)
4. Drift Protocol (DRIFT)
5. JITO (JTO)
6. Swarms (SWARMS)
7. Pyth Network (PYTH)
8. Helium (HNT)
9. Meteora (MET)
10. Orca (ORCA)

This list shows that the Solana ecosystem is receiving strong development both in infrastructure projects (Wormhole, Pyth, JITO) and application-level DeFi protocols (Drift, Orca, Meteora). This is seen as a clear sign that the Solana network enjoys solid support from its developer community.

Price Performance Fails to Match Developer Activity

Even though development remains strong, the price performance of many Solana ecosystem projects has not kept pace. Over the past 30 days, only Swarms (SWARMS) managed to record relatively smaller losses, while notable projects such as JITO, Helium, Orca, and Wormhole experienced declines nearing double digits.

This divergence confirms once again that price movements in crypto are often driven by short-term sentiment, whereas development activity reflects long-term potential. Experts believe that this strong technical progress across the Solana ecosystem could eventually translate into improved price performance in the coming periods.

Solana’s Ecosystem Is Strengthening Technically

The high level of development activity across Solana-based projects shows strong developer support and a powerful technical momentum within the ecosystem. Despite short-term weakness in prices:

• the steady improvement of infrastructure projects,
• the growth of oracle and data solutions,
• the continuous renewal of DeFi protocols

are all strengthening Solana’s long-term potential.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post The Solana Altcoins Developers Are Most Focused On Have Been Revealed! appeared first on Coin Engineer.

Key Key Revelations and Details

• SUI (Sui) – SUI 378,060 ($1.07 million) – Market Cap Impact: 0.01
• WLD (Worldcoin) – 3.42 million WLD ($3.73 million) – Market Cap Impact: 0.32
• SEI (Sei) – SEI 5.24 million ($1.30 million) – Market Cap Impact: 0.11
• TIA (Celestia) – TIA 998,404 ($4.16 million) – Market Cap Impact: 0.19
• G (Gravity) – G60.22 million ($1.20 million) – Market Cap Impact: 0.83
• ENA (Ethena) – ENA 2.06 billion ($818.81 million) – Market Cap Impact: 65.93
• JTO (Jito) – JTO 16.41 million ($39.38 million) – Market Cap Impact: 5.48
• BERA (Berachain) – 161 million BERA ($1.35 million) – Market Cap Impact: 0.15%
• MOVE (Movement) – 50.85 million MOVE ($22.82 million) – Market Cap Impact: 2.12
• GMT (GMT Token) – 81.67 million GMT ($4.81 million) – Market Cap Impact: 3.03

Possible Market Impacts

Among the most notable of the upcoming lock openings are ENA (Ethena) and JTO (Jito). Ethena’s opening, representing 65.93% of its total supply, could create significant selling pressure. This is seen as a large opening that could create a serious volatility on the market.

On the other hand, Jito’s 5.48% and MOVE’s 2.12% have a moderate impact. High supply growth may cause prices to fall in the short term.

Lower-impact expansions such as SUI, SEI and TIA may cause slight price movements. However, due to the volume and investor interest in these tokens, they are not expected to create a major selling pressure.

Investors try to anticipate market movements by tracking major token lock expansions in advance. During periods of high selling pressure, volume and trading data should be closely monitored to minimize the impact of openings.

In the coming days, market movements of these tokens should be carefully monitored and measures should be taken against volatility.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Major Token Unlocks Taking Place This Week: March 2-9 appeared first on Coin Engineer.

Jito (JTO) Listed on KRW Market

Upbit has announced that it will open trading for Jito (JTO) token on the KRW market starting from 14:30 KST on February 21, 2025. JTO will be traded on the Solana (SOL) network and can only be transferred via this network. JTO is currently trading at 0.00002857 BTC, which is equivalent to 4,163 KRW. According to the trading restrictions, buy orders cannot be placed within the first 5 minutes, and sales cannot be made below 10% of the previous day’s closing price during the first 5 minutes. Additionally, only limit orders will be allowed for the first hour.

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

Arkham (ARKM) Listed on BTC and USDT Markets!

On the other hand, Arkham (ARKM) will start trading on BTC and USDT pairs. Trading will occur on the Ethereum (ETH) network. ARKM will open for trading at 17:00 KST on February 21, 2025. Currently, ARKM is trading at 0.00000681 BTC (approximately 0.6666 USDT).

There are some important warnings for investors to keep in mind. First, transactions must only be conducted on the specified networks, as transactions on incorrect networks cannot be reversed. Furthermore, additional verification may be required for large transfers from unknown sources. As cryptocurrency prices can fluctuate rapidly, it is crucial for investors to consider the risks before making any investments.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Upbit Announces Two New Listings! appeared first on Coin Engineer.

Tokens to Be Added to the Monitoring Tag:

• StormX (STMX): Known for micro-tasks and shopping rewards in the crypto world, STMX is being added to the Monitoring Tag list due to its volatility and risk factors.
• TROY (TROY): Offering advanced broker solutions, TROY will also be included in the Monitoring Tag list.

Tokens to Be Removed from the Monitoring Tag:

• Convex Finance (CVX): Renowned for its staking solutions for DeFi users, CVX will no longer carry the Monitoring Tag.
• Sun (SUN): Part of the TRON ecosystem, SUN has met Binance’s criteria and will be removed from the Monitoring Tag list.

Tokens to Be Removed from the Seed Tag:

• Arkham (ARKM): A pioneer in crypto intelligence, ARKM will no longer carry the early-stage Seed Tag.
• Blur (BLUR): The token of the NFT trading-focused Blur platform has advanced beyond the early stage, leading to the removal of its Seed Tag.
• Jito (JTO): Known for its liquidity solutions in the Solana ecosystem, JTO’s Seed Tag will also be removed.
• Celestia (TIA): With its modular blockchain infrastructure, TIA has progressed significantly and will no longer carry the Seed Tag.

Why Are Monitoring and Seed Tags Important?

Monitoring Tag: Tokens with this tag exhibit higher volatility and risk compared to others. Binance reviews these projects periodically and may delist tokens that fail to meet specific criteria.

Seed Tag: This tag highlights projects that are still in the early stages, signaling that investors should trade with this awareness. The removal of a Seed Tag indicates that the project has reached a significant milestone in its development.

Binance’s Evaluation Criteria

Binance makes tagging decisions based on the following criteria:

1. Team Commitment: The level of dedication the team shows toward the project.
2. Development Activity: The quality and volume of development work on the project.
3. Liquidity and Trading Volume: The token’s market liquidity and trading activity.
4. Security: The network’s resilience against attacks and the reliability of smart contracts.
5. Communication and Transparency: The project’s engagement and communication with the community.
6. Ethical Standards: The absence of unethical behavior or misconduct.
7. Ecosystem Contribution: The project’s contribution to the broader crypto ecosystem.

Users who wish to trade tokens with Monitoring Tags or Seed Tags must complete a risk awareness quiz every 90 days on Binance Spot or Margin platforms. This quiz ensures traders understand the risks associated with these tokens before making trades.

Through these updates, Binance aims to promote transparency, trust, and long-term sustainability in the crypto ecosystem.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Binance Added These Coins to the Monitoring List! Major Drop Followed! appeared first on Coin Engineer.

Solana DApps Shine Amid Memecoin Frenzy

On November 17, Solana’s Raydium, an automated market maker, generated a record $11.31 million in fees. Similarly, the liquid staking protocol Jito recorded its third-highest daily fee earnings at $9.87 million. Memecoin-focused platforms also joined the surge, with pump.fun, a memecoin launchpad, netting $1.65 million in fees, marking its seventh-highest earning day.

Might interest you: Who Could Replace Gary Gensler as SEC Chairman?

Additionally, Photon, a Telegram trading bot tailored for Solana-based memecoins, saw its fifth-highest daily fees at $2.36 million.

This spike in activity coincides with SOL, Solana’s native token, reaching a peak of $242, its highest price since November 2021. The Peanut (PNUT) memecoin, inspired by a squirrel mascot, skyrocketed over 2700% in two weeks, hitting a valuation of $2.4 billion on November 14. Notably, Elon Musk’s repeated mentions of Peanut on X amplified its popularity.

Key Milestones for Memecoins on Solana

The largest Solana memecoin, Dogwifhat (WIF), was recently listed on Coinbase, spiking to a six-month high of $4.19 on November 15. Meanwhile, the creation of the U.S. Department of Government Efficiency, with an abbreviation matching Dogecoin’s DOGE ticker, spurred additional gains for DOGE, which surged 140% over the past two weeks.

Currently trading at $234, SOL is within 8.5% of its all-time high of $259 set in November 2021. However, its market capitalization, now at $112 billion, has grown 44% from the previous peak of $77 billion. This growth aligns with Solana’s inflationary mechanism, rewarding stakers with newly minted SOL.

At present, Solana’s inflation rate is 4.9% and is programmed to decrease by 15% annually, according to SolanaCompass data.

As Solana solidifies its position in the blockchain space, the combination of high-performance DApps, a memecoin resurgence, and SOL’s market momentum underscores the network’s dynamic growth. The coming months may further illuminate Solana’s potential in the ever-evolving cryptocurrency landscape.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Solana DApps Set Records as Memecoin Mania Returns appeared first on Coin Engineer.

Daily Analysis

Bitcoin (BTC): The BTC/USDT pair has lost 0.80% in the last 24 hours and is currently trading at $56,432. The resistance levels for BTC are first at $57,795 and then at $59,840. The support levels are at $53,660 and, below that, at $52,521.

Ethereum (ETH): The ETH/USDT pair has dropped 0.44% in the last 24 hours and is currently trading at $2,332. The resistance levels for ETH are first at $2,395 and then at $2,565. The support levels are at $2,150 and, below that, at $2,108.

Toncoin (TON): The TON/USDT pair has gained 2.03% in the last 24 hours and is currently trading at $5.30. The resistance levels for TON are first at $5.99 and then at $6.88. The support levels are at $5.00 and, below that, at $4.45.

Jito (JTO): The JTO/USDT pair has lost 3.60% in the last 24 hours and is currently trading at $1.94. The resistance levels for JTO are first at $2.26 and then at $2.45. The support levels are at $1.84 and, below that, at $1.65.

Solana (SOL): The SOL/USDT pair has decreased by 1.53% in the last 24 hours and is currently trading at $131.89. The resistance levels for SOL are first at $135 and then at $148. The support levels are at $127 and, below that, at $109.

Upcoming Events

Liquidation Heatmap

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Latest on Bitcoin and Cryptocurrencies – September 11 appeared first on Coin Engineer.

Daily Analysis

Bitcoin (BTC): The BTC/USDT pair has gained 3.80% in the last 24 hours and is currently trading at $56,812. The resistance levels for BTC are first at $57,788, followed by $59,838. The support levels are at $52,520, and below that at $48,998.

Ethereum (ETH): The ETH/USDT pair has gained 2.31% in the last 24 hours and is currently trading at $2,343. The resistance levels for ETH are first at $2,390, followed by $2,564. The support levels are at $2,150, and below that at $2,108.

Toncoin (TON): The TON/USDT pair has gained 6.47% in the last 24 hours and is currently trading at $5.20. The resistance levels for TON are first at $5.46, followed by $5.99. The support levels are at $4.44, and below that at $2.26.

Jito (JTO): The JTO/USDT pair has lost 0.15% in the last 24 hours and is currently trading at $2.02. The resistance levels for JTO are first at $2.23, followed by $2.45. The support levels are at $1.84, and below that at $1.65.

Polygon (MATIC): The MATIC/USDT pair has gained 1.33% in the last 24 hours and is currently trading at $0.378. The resistance levels for MATIC are first at $0.438, followed by $0.527. The support levels are at $0.350, and below that at $0.333.

Upcoming Events

Liquidation Heatmap

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Latest on Bitcoin and Cryptocurrencies – September 10 appeared first on Coin Engineer.

Bitcoin (BTC): The BTC/USDT pair has gained 0.68% in the last 24 hours and is currently trading at $59,655. The resistance levels for BTC are first $61,839 and then $62,759. Support levels are $57,762 and below that, $56,100.

Ethereum (ETH): The ETH/USDT pair has gained 3.63% in the last 24 hours and is currently trading at $2,554. The resistance levels for ETH are first $2,695 and then $2,725. Support levels are $2,537 and below that, $2,514.

Toncoin (TON): The TON/USDT pair has gained 4.56% in the last 24 hours and is currently trading at $5.59. The resistance levels for TON are first $6.05 and then $6.38. Support levels are $5.00 and below that, $4.73.

Polygon (MATIC): The MATIC/USDT pair has lost 2.20% in the last 24 hours and is currently trading at $0.439. The resistance levels for MATIC are first $0.525 and then $0.582. Support levels are $0.402 and below that, $0.387.

Jito (JTO): The JTO/USDT pair has lost 1.99% in the last 24 hours and is currently trading at $2.42. The resistance levels for JTO are first $2.68 and then $2.91. Support levels are $2.26 and below that, $1.903.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Latest on Bitcoin and Cryptocurrencies – August 29 appeared first on Coin Engineer.

Bitcoin (BTC): The BTC/USDT pair has lost 1.48% in the last 24 hours and is currently trading at $62,769. The resistance levels for BTC are first at $65,039, followed by $66,695. The support levels are at $61,839, and below this region, the next level is $57,792.

Ethereum (ETH): The ETH/USDT pair has lost 2.12% in the last 24 hours and is currently trading at $2,679. The resistance levels for ETH are first at $2,695, followed by $2,725. The support levels are at $2,537, and below this region, the next level is $2,514.

Aptos (APT): The APT/USDT pair has gained 0.90% in the last 24 hours and is currently trading at $7.62. The resistance levels for APT are first at $7.36, followed by $7.65. The support levels are at $6.96, and below this region, the next level is $6.45.

Polygon (MATIC): The MATIC/USDT pair has lost 2.56% in the last 24 hours and is currently trading at $0.508. The resistance levels for MATIC are first at $0.525, followed by $0.482. The support levels are at $0.506, and below this region, the next level is $0.439.

Jito (JTO): The JTO/USDT pair has lost 1.67% in the last 24 hours and is currently trading at $2.61. The resistance levels for JTO are first at $2.89, followed by $3.35. The support levels are at $2.72, and below this region, the next level is $1.90.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates

The post Latest on Bitcoin and Cryptocurrencies – August 27 appeared first on Coin Engineer.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Latest on Bitcoin and Cryptocurrencies – August 25 appeared first on Coin Engineer.