DeFi News Daily Official TheBitTimes.com

With less than four months left until 2024 is over, XRP (XRP) has not had a very stellar year so far, recording a 12.44% decline year-to-date (YTD) and failing to reach its new record price as it trades well below its 2018 all-time high (ATH) of $3.40, despite favorable court developments surrounding Ripple. At the same time, while some cryptocurrency experts are still predicting massive increases for the XRP token, certain other digital assets have stood out for their potential to bring their holders substantial profit, possibly allowing them to turn an investment of a mere $100 into $1,000 in 2025. #1 Solana (SOL) Specifically, among these XRP rivals is Solana (SOL), which, as opposed to XRP, has had a successful year, having gained 32.83% since the year’s turn and expecting more in 2025, in addition to also anticipating $100 billion market capitalization in Q4 2024, as it Features one of the largest linear supply inflations in the industry. ...

The Toncoin price dropped 4% in the last 24 hours to trade at $5.39 as of 03:34 a.m. EST on trading volumes that plunged 23% to $1.2 billion. This comes as the United Arab Emirates (UAE) announced late Monday that it had asked the French government to allow consular access to Telegram CEO Pavel Durov, who is currently in police custody in Paris. Durov was arrested late Saturday night and is still being held as part of a probe into allegations relating to child pornography, drug trafficking, and organized crime on the Telegram messaging platform. After the arrest, the Open Network (TON) on the platform experienced a notable effect, with its native token, TON, plunging over 20%. Toncoin Price Aims For A Rebound Since the arrest, the Toncoin price dropped from the $6.82 resistance zone, according data from GeckoTerminal . The bulls have been trying to keep the price above the $5.0 support level, with TON now forming a falling channel pattern. With the token now on a downtr...