As the weekend begins, discussions in the cryptocurrency market revolve around Ethereum, ONDO, and Orca, according to data from Santiment.
Doubts Surrounding Ethereum
Traditionally viewed as the go-to platform for dApps and smart contracts, Ethereum now faces renewed skepticism. Concerns about its long-term viability are growing due to its declining market dominance and rising competition from alternative chains like Solana and Avalanche. Notably, since the start of this year, ETH’s price has decreased by 52%, trading around $1,580, the same level it did three years ago.
Popularity of ONDO After Listing
ONDO has recently gained attention following its listing on Binance. The enthusiasm and support from the community around this token have contributed to its surge in popularity within the market.
Positive Dynamics of Solana and Orca
Other projects like Solana and Orca are also experiencing positive trends. Amid increased interest and trading activity, users highlight the growth of these platforms, indicating a sense of optimism in the market.
The weekend brings a flurry of discussions and developments in the cryptocurrency market, from doubts surrounding Ethereum to the rise of popular projects like ONDO, Solana, and Orca, reflecting the dynamic nature of the market.
