Solana (SOL) has hit a significant milestone and reached a key moment in its journey. Despite this achievement, we are seeing a notable shift in the DeFi space as investors shift their attention and capital to emerging projects such as Sui (SUI) and Sui (SUI). FXGuys ($FXG).
Why are we seeing this investor activity? Read on.
Solana's active addresses surpass 75 million, SOL rises 1.86% accordingly
September 19, 2024, Witnessed Solana has reached a major milestone as active addresses surpassed 75 million, the highest number in the network's history. This increase in activity highlights the growth of the Solana ecosystem.
Blockchain has experienced impressive growth in 2024, with the number of active addresses skyrocketing from 40 million in early 2023 to a staggering 75.2 million by mid-September.
How did Solana's SOL react to this development? Within 24 hours of the news breaking, SOL Up from $131.54 to $133.99posting a modest 1.86% increase. Analysts are optimistic about Solana, predicting that SOL will trade at $142.16 by the end of Q4 2024, up 6.10% from $133.99.
Grayscale Introduces Bittensor and Sui Trusts: SUI Increases 113%
Grayscale, a leading cryptocurrency asset management company, Published The company announced its newest investment products, Grayscale Bittensor Trust and Grayscale Sui Trust, on August 7, 2024.
These new offerings will allow qualified retail and institutional investors to invest in Bittensor (TAO) and Sui Network (SUI) through dedicated single-asset funds.
In response, the SUI surged 113.11% by September 18th. Up from $0.61 to $1.30Looking to the future, experts predict that SUI will rise further, with the price soaring from $1.30 to $4.59 by the end of 2024, a 253.08% increase.
FXGuys takes DeFi by storm: Revolutionary trading starts here
FXGuys is a decentralized finance (DeFi) platform transforming the world of investing with cutting-edge technology, enhanced security, and robust privacy features, making it an attractive choice for smart investors.
The best thing is FX Guys We give traders exactly what they want and need. As the first decentralized broker, FXGuys offers real trading capital and access to a wide range of assets including cryptocurrencies, stocks, forex, indices and commodities.
FXGuys has an innovative trader development ecosystem, offering a custom-built platform with advanced analytics, social trading tools, and a unique prop firm funding program that allows talented traders to profitably trade.
Our mission is clear: to empower traders around the world by removing barriers to access and providing them the tools to succeed.
FXGuy's journey began with a seed funding round where $FXG tokens were sold out at just $0.010 per token. This was a huge hit with FXGuys email subscribers and sold out in just 24 hours. As $FXG heads towards the public presale launch at $0.10, investors can now purchase for just $0.03 per token.
$FXG emerges as a better option compared to SOL and SUI.
While Solana recently celebrated reaching over 75 million active addresses and SOL accordingly experienced a modest price increase of 1.86% and Sui saw a notable spike of 113% following Grayscale’s trust announcement, $FXG offers its own edge.
Unlike Solana and Sui, which are primarily focused on blockchain extension and traditional asset management, $FXG They are revolutionizing the decentralized finance (DeFi) space with their innovative platform that prioritizes improving security, privacy, and user-friendly technology.
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