BlueMove narxMOVE

$USDS changes trading profile with representation on Solana The growth of $USDS also comes with increased activity and turnover on Solana. The shift came in November, as Sky strategically made its move to the new chain, displacing the volumes on Ethereum.  The highly active $USDS on Solana points to a trend of adopting some of the legacy protocols on Ethereum. The last few months saw Solana activity rise, with potential demand for passive yield to lock in gains.  The supply of $USDS expanded again in early 2025, preparing for a bigger influence on Solana and Base. The total value locked on Solana increased to $8.54B, expanding more rapidly in the last three months. The TVL increased not only due to the higher nominal price of SOL but with token and stablecoin inflows.  The stablecoins on Solana have already reached $5.79B, with a predominance of $USDC usage. The $USDS market share has climbed to around 1% of the entire supply, still getting ahead of other niche stablecoins.  In this early stage, $USDS usage on Solana is more limited. On Ethereum, $USDS transactions reach over $30,000, while the Solana version carries on average transactions of around $3,000 as the asset is still building up its adoption.  The $USDS on Solana is still spread among a handful of whale wallets. One of the leading addresses holds 1.5M $USDS and is one of the biggest yield recipients. The top 4 addresses on Solana hold more than 50% of the supply of $USDS , as retail wallets are still catching up with whales. The expansion of $USDS started from November 19 onward, with a rapid spike in activity.  $USDS is also trading on Raydium and Aerodrome, though with a warning for being a mintable and freezable asset. This means some of the holders may have to consider the possibility of locked tokens if they fail to fulfill the terms and conditions of Sky Protocol.  The Raydium USDS/USDC pair has over $69M in liquidity, while Aerodrome carries $1.2M. The token is mostly meant for staking and passive yield and is not a part of the meme token ecosystem.

Some analysts suggest that Bitcoin's price might drop below the $96,000 level due to the emergence of a "diamond formation." This technical pattern is typically observed at price peaks and can signal a momentum reversal at bottoms. However, such formations are often interpreted as indicators of short-term trend changes rather than long-term shifts. Crypto analyst Blackmore commented on January 22nd: "This is a fairly complex structure. Caution is essential when devising a strategy, as the formation's resolution remains uncertain. The technical target suggests a range between $94,000 and $96,000." This potential decline has raised concerns among long-term investors, particularly in light of weakening market momentum. Nonetheless, some analysts believe this price action is temporary. Ki Young Ju, CEO of CryptoQuant, shared his perspective on January 22nd: "Bitcoin may experience a decline or move sideways for several months. However, on-chain data still supports a broader upward trend." #BTC# #SOL#

Yuliverse ($YULI) has officially landed on Bitget's Innovation Zone, marking a significant milestone for this groundbreaking blockchain project. As of January 23, 2025, users can trade $YULI against USDT, with deposits and withdrawals already available ¹. Yuliverse is poised to revolutionize online interactions by combining gamification, social engagement, and play-to-earn mechanisms with blockchain technology. This innovative platform allows users to earn $YULI tokens as they navigate its immersive virtual world, fostering a user-driven economy that caters to a global audience ¹. To celebrate this listing, Bitget has launched an exclusive campaign, offering interactive opportunities and rewards tied to $YULI transactions and other platform activities. This move underscores Bitget's commitment to introducing pioneering blockchain projects to its growing global community ¹. *Key Highlights:* - _Trading Pair:_ $YULI/USDT - _Listing Date:_ January 23, 2025 - _Deposit and Withdrawal:_ Already available - _Exclusive Campaign:_ Launched by Bitget to encourage user participation and engagement With over 800 trading pairs available, Bitget continues to enhance its offerings, connecting users to diverse ecosystems like Ethereum, Solana, and Base. The inclusion of Yuliverse in the Innovation Zone reinforces Bitget's position as a top-tier platform, dedicated to integrating cutting-edge projects that push the boundaries of technology and creativity ¹.

Move to $XCN soon to the moon

#Ethereum Breaking Soon ! This $ETH formation is coming to a climax in the coming days ! We could even see a huge move for #ETH today already ! When it breaks bullish, $4,000 is the target