The cryptocurrency market maintains its bullish momentum. The leading crypto Bitcoin continues to struggle above $63,000. The altcoin market is also performing well overall. In this positive atmosphere, some tokens are attracting more attention. Analytics platform Santiment highlighted 3 trending cryptocurrencies in the last 24 hours.
Santiment: These 3 cryptocurrencies stand out in trends!
As you have been following on Kriptokoin.com, the Fed cut interest rates above expectations. After this critical decision, the cryptocurrency market started to head north. Especially Bitcoin’s strong performance exceeding $63,000 ignited the market. Thus, most tokens moved deeper into the green zone. Amid these developments, the analytics platform Santiment evaluated the trends in the market. As a result, Santiment drew attention to 3 cryptocurrencies:
Bitcoin, Solana and Mew, while many crypto market caps have risen in the last 24 hours.
- BTC is primarily focused on breaking its 25-day high.
- SOL’s focus stems from the recent launch of the Solana Seeker smartphone, which has already sold 140K units.
- MEW is focusing on the listing on Upbit and the recent airdrop events that traders are excited about.
📊 With so many crypto market caps surging in the past 24 hours, it is Bitcoin, Solana, and Mew that are standing out.
🗣️ BTC focus is primarily about surpassing a new 25-day high
🗣️ SOL focus is due to the recent launch of the Solana Seeker smartphone, already selling 140K… pic.twitter.com/41s0rQA4bb— Santiment (@santimentfeed) September 19, 2024
Solana Frankendancer upgrade live stream
Jump Crypto showed proof of life of Frankendancer on the mainnet at the Solana Breakpoint conference. Github data also shows that the network upgrade is ready for the mainnet release. It also reveals that validators are ready to adopt the network upgrade. Frankendancer is an important step in the integration of Firedancer, which will rewrite three functional components of the Solana Labs client.
The cryptocurrency network upgrade will ensure that each level is optimized for maximum performance and that validator clients can operate at full capacity. The upgrade will also help scale Solana’s bandwidth and hardware. It will also help “document and standardize the Solana protocol”. Ultimately, the goal is to enable anyone to build a validator by looking at the documentation without going into the Rust validator code.
SOL price rises 9% to over $150
The cryptocurrency price increased by 9% in the last 24 hours due to the latest developments. After the upgrade, the SOL price rose above $150. The cryptocurrency’s trading volume also increased by over 8%. Thus, the token reached a trading volume of over $3.2 billion in the last 24 hours. Solana stood out as one of the biggest gainers after the recovery in the crypto market. Undoubtedly, this development provides a bullish outlook for the token.
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