November Marks Continued Growth for NFT Market
Despite a minor weekly setback, the NFT market progresses strongly in November, with Ethereum and Solana leading in sales and buyer count, respectively.
Despite a minor weekly setback, the NFT market progresses strongly in November, with Ethereum and Solana leading in sales and buyer count, respectively.
Ethereum’s value jumps over 4% amid a shift in market dynamics, with increased buying and the potential for a significant price rally if it holds above key resistance levels.
Cardano’s value soared by 10.34% to $0.8745, marking its most substantial one-day gain since November, as it led the way in a bullish cryptocurrency market, with its market cap rising to $30.17 billion.
Stakeholders from the Blockchain Technology Association of Nigeria advocate for a national Bitcoin strategy, inspired by pro-cryptocurrency moves in the US. SiBAN’s President emphasizes the importance of embracing cryptocurrency for Nigeria’s growth in the global digital economy, citing low adoption rates and the potential benefits of integrating digital currencies into the mainstream.
Major investors in Toncoin and Cardano are redirecting funds toward Rollblock, an emerging DeFi star with lucrative staking and yield farming options, promising significant market growth.
Solana (SOL) has recently overtaken Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, achieving new heights with an $88 billion market cap fueled by ETF speculation and record-breaking network activity.
Cardano (ADA) has witnessed a significant price increase, following the broader crypto market trend after Donald Trump’s election victory. With the cryptocurrency breaking past key resistance levels, the market is abuzz with the potential for further gains, powered by election optimism and a growing interest in ADA derivatives.
Despite a staggering 254,078% spike in Shiba Inu’s burn rate eliminating 5.63 billion tokens in 24 hours, historical patterns and current market indicators suggest limited potential for sustained price growth.
SafePal introduces a groundbreaking Mini Wallet App on Telegram, offering 950 million users access to Swiss-regulated crypto-friendly bank accounts with Visa card support, marking a significant advancement in cryptocurrency accessibility.
Eastern Europe has established itself as the world’s fourth-largest cryptocurrency market, with DeFi transactions accounting for 33% of the region’s $499 billion crypto value flow between July 2023 and June 2024, according to Chainalysis data.