Курс Solana BeachSOLANA

#Solana SIMD-0228 voting continues: 105 validators voted. 13.4% of stake voted. 10.1% Yay to 2.9% Nay Voting till epoch 755.

🔥 NEW: According to CryptoRank, BNB Chain reached a record app revenue of $16.5M in February, while Sonic surpassed Sui, achieving $3.8M. Ethereum and Solana saw notable declines, dropping 30% and over 50%, respectively.

The NFT market has bounced back despite ongoing crypto weakness, with Bitcoin sliding to $86,000 and Ethereum dropping to $2,100. The global crypto market has continued its drop, with total market cap edging down to $2.83 trillion from last week’s $2.84 trillion. According to CryptoSlam data , NFT sales volume has grown to $121.5 million, marking a 15.27% increase from the previous week. However, market participation has contracted sharply, suggesting larger trades from fewer participants. The weekly metrics reveal contrasting trends: Ethereum ( ETH ) sales jumped 50.76% to $37.6 million, though buyer numbers dropped 69.09% to 15,471. Wash trading rose 39.46% to $3.9 million. Bitcoin ( BTC ) saw a decline of 17.21% to $21.0 million. Solana ( SOL ) moved up to third place with $18.0 million, growing 51.24%. Mythos Chain held fourth with $15.2 million, up 2.84%, while Polygon ( POL ) dropped to fifth with $13.5 million, down 7.98%. When it comes to the top collections, Courtyard maintained its lead with $11.7 million, despite a 6.18% drop. The Polygon-based project continued strong activity with 141,076 transactions. DMarket climbed to second with $10.1 million, growing 4.83% and keeping solid volume with 351,203 transactions. Paradise, a Solana collection, burst into third place with $9.8 million, posting a 292.14% increase. CryptoPunks made a major comeback, jumping to fourth with $7.1 million, surging 519.26%. BRC-20 NFTs took fifth with $7.1 million, up 173.4%. Pudgy Penguins showed signs of recovery in seventh place with $2.4 million, climbing 54.82% with increases across all metrics. The week was marked by several high-value sales:

A significant influx of tokens is coming to the crypto market. Over $142 million worth of cryptocurrency tokens are what’s scheduled to be unlocked next week, between March 10 and 16 to be exact. Aptos (APT), Arbitrum (ARB), and CONX are among the most notable tokens in this release. These unlocks, which distribute tokens to private investors, founders, and team members, are expected to influence market liquidity and potentially trigger price movements. Data from Tokenomist indicates that Aptos will experience the largest unlock of the week, with $40.5 million worth of tokens becoming available on March 12. This represents 1.15% of its circulating supply. Aptos will have unlocked 73.82% of its total supply following this upcoming release. Currently, APT is trading at $6.05, down 1.1% over the last day and 5.3% over the past week. Arbitrum is next with a $37.4 million unlock scheduled for March 16, comprising 2.10% of its circulating supply. This event will bring its total unlock so far to a 67.05% level. Its price has declined to $0.3912, showing a 3.5% daily drop and an 18.8% decline over the past month. CONX stands out due to its unlock of $24.6 million on March 15, representing 113.04% of its circulating supply. For context, CONX has a circulating supply of 1.15 million tokens. However, with 1.3 million CONX tokens entering circulation, this unlock marks a potentially significant event for price dynamics. It’s worth noting that the CONX token has decreased by 2.32% in the past day and 12% over the past month. Related: Crypto Token Unlock Schedules Shift: Are Projects Changing Emission Strategy or Just Market Dynamics? StarkNet (STRK) and Sei are other notable projects scheduled to release tokens, with unlocks of $12 million and $12.5 million on March 15. Crypto vesting is a common practice designed to prevent early investors and project teams from selling large amounts of tokens immediately after launch. By employing lock-up mechanisms, vesting aims to ensure gradual distribution, and thus, to help maintain price stability. However, token releases, especially large cliff unlocks, typically lead to an increased supply. If market demand does not adequately absorb this increased supply, prices can potentially decline. Aptos and Arbitrum, being prominent projects, could experience increased trading activity after their respective unlocks. Related: Solana’s $2 Billion Token Unlock: Is Your SOL Portfolio Safe From March 1? In the case of CONX, with the unlock exceeding its existing circulating supply, questions arise about the market’s capacity to absorb this substantial new liquidity. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The Avalanche ecosystem is entering a critical period as three board members have resigned. Omer Demirel, Aytunç Yildizli, and Vikram Nagrani stepped down from the boards of the Avalanche Foundation and its subsidiaries. Their decision, described as “well-considered,” suggests a shift in the leadership structure. Despite their departure, they have reaffirmed their commitment to Avalanche’s development. Meanwhile, the AVAX token has been struggling, seeing significant price declines over the past week and testing crucial support levels. As of press time, Avalanche (AVAX) is priced at $19.81 , reflecting a notable drop in recent days. The cryptocurrency has recorded a 3.73% decline in the past 24 hours and a -9.78% decrease over the past week. With a circulating supply of 410 million AVAX, the market capitalization now stands at $8.19 billion. The token’s downward trend has raised concerns among investors, as it has consistently formed lower highs and lower lows. Related: Token Unlocking Events to Release $260M This Week: Avalanche, Solana Impacted Technical indicators suggest that AVAX is in bearish territory, but there are signs of possible stabilization. The Relative Strength Index (RSI) currently sits at 36.99, suggesting that the asset is nearing oversold conditions but still has room for further declines. The Moving Average Convergence Divergence (MACD) remains negative, underlining prevailing bearish momentum. However, the histogram implies that selling pressure is weakening, which could signal an upcoming shift. Despite the recent bearish trend , MarzellCrypto, an analyst, suggests that AVAX may be approaching a critical reversal point. The alignment with Fibonacci retracement levels hints that a bullish breakout could occur if support holds. Related: Avalanche Blockchain Secures 700,000 Land Records for an Indian Town Rebound from the current range could propel AVAX toward mid-term targets of $43.84, $58.06, and $80.03. However, failure to sustain the current support level may trigger extended declines. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.