The financial markets are witnessing activity from Ethereum whales and stable support levels from Solana. Meanwhile, the project Unstaked offers a new approach to token launches.
Ethereum Whales Activity
The activity of major holders of Ethereum (ETH) is back in the spotlight. Significant fund movements are happening amid price drops, indicating potential accumulation phases. ETH is currently trading at about $1,622, which is down by 40% over the past three months. Improvements in the network are awaited ahead of the upcoming Pectra upgrade, which could enhance staking capabilities and smart contract flexibility.
Solana Support
Solana (SOL) support levels are holding steady around $130, a key level for traders. Currently, SOL has gained 5% in a day. Technical indicators suggest a potential breakout toward the $150 mark if the current momentum continues. The Solana network processed over 350 million transactions last week, confirming its active use.
Unstaked Project: A New Approach to Token Launches
The Unstaked project stands out from its competitors by launching without venture capital involvement or pre-sales. The token price in the first stage will start at $0.0065, with an expected launch price around $0.1819. 60% of the total token supply is offered in the public pre-sale, creating an opportunity for market participants to access tokens without biased distribution.
The cryptocurrency market situation remains eventful. The activity of Ethereum whales and Solana's stable levels indicate potential changes. At the same time, the Unstaked project could change the usual token launch rules by providing equal opportunities for all market participants.
