Bitcoin has sharply increased, impacting the mood in the cryptocurrency market. The BASE network, supported by Coinbase, is emerging as a serious competitor to Solana.
Comparison of Solana and BASE Network
The BASE network, started by the largest US cryptocurrency exchange, Coinbase, has begun to surpass Solana in several key metrics, including daily token launches. According to experts, the support from Coinbase allows for active ecosystem development, which in turn positively influences the exchange's revenues.
Economic Factors and Interest in Altcoins
The sharp rise of Bitcoin to $115,000 enhances the appetite for altcoins, and markets are starting to revive. However, there are risks associated with possible economic decisions that could impact the situation. For example, anticipation of announcements from Trump regarding Russia could lead to changes in market sentiment.
Outlook for Altcoins Amid Current Events
Market participants are waiting for a 'spark' for cryptocurrency growth, and if negative events related to Russia do not occur, the short-term negative trend could quickly shift to a bullish one. This highlights the interest in investment opportunities in altcoins, despite current volatile conditions.
Competition in the cryptocurrency space is intensifying, particularly with the emergence of networks like BASE. The performance and future of altcoins may depend on broader economic announcements and market sentiment.
