🌌 Why Solana Slipped, DOGE Surged, and Ethereum Quietly Took the Spotlight
⚡ CryptoTrendz - 📌 Hot Updates You Should’t Miss!:
Solana slips to $185 as momentum fades; TRON eyes $1 with strong technicals. Hyperliquid targets $100, Pudgy Penguins hint at 25% upside. Bitcoin clings to $119K support, with bold $144K and even $500K forecasts shaking up the market outlook. ✨Let’s dive a little:
🔖 Market Trends in Web3 and Blockchain:
🔹Recent market movements show Solana sliding to $185 due to shifting momentum. Bitcoin faces a crucial test at the $144,000 level, indicating potential volatility ahead. The Dogecoin open interest soared with 15.15 billion in 24 hours, reflecting growing trader engagement (Source).
🔹XRP remains steady at $3.10 despite liquidations, with analysts mapping a path to $5. Meanwhile, Shiba Inu’s price prediction for August suggests a bullish outlook amidst market fluctuations (Source).
🔖 Price Forecasts and Technical Analysis:
🔹Predictions for TRON point to a clear path to $1, supported by strong technicals, futures, and on-chain data (Source).
🔹Bitcoin’s August 16 forecast hints at potential upward movement, building on current support levels (Source).
🔹XRP could surge to $13 if certain conditions are met, but an hourly death cross indicates caution in the short term (Source).
🔹Hyperliquid’s bullish surge aims for $75-$100 targets after recording record gains (Source).
🔖 Future of Digital Assets and Adoption:
🔹Tokenized assets are expected to reach $100 trillion, with Ethereum poised to become the backbone of this transformation (Source).
🔹Bitcoin remains resilient, holding support at $119K despite US policy uncertainties, signaling ongoing investor confidence (Source).
🔹Wellgistics has launched XRP payments for US independent pharmacies, boosting real-world blockchain adoption (Source).
🔹Uniswap approaches a key resistance, with analysts watching for breakout or pullback signals (Source).