Analytics platform Santiment reports positive investor sentiment towards Solana, Cardano, and Dogecoin, while Bitcoin, Ethereum, and XRP maintain a neutral perception.
Positive Sentiment on Solana, Dogecoin, and Cardano
Social media shows positive sentiment for Solana, Dogecoin, and Cardano, according to Santiment. These three digital assets receive more positive comments than negative ones. Solana ranks sixth by market capitalization and shows a 2.54% increase over the last day. Dogecoin increased by 4.94% in the last 24 hours, and Cardano rose by 9.75%.
Neutral Sentiment on Bitcoin, Ethereum, and XRP
Bitcoin, Ethereum, and XRP maintain a neutral stance among investors. Bitcoin slid below $90,000 but then recovered to $97,197. Ethereum shed 11% on Monday but then recovered. XRP has shown a 12.05% rise over the last 24 hours, leading the neutral assets.
Stablecoin Supply Remains Steady
The stablecoin market volume has remained relatively unchanged, maintaining around $189.1 billion for the last 30 days. This indicates reduced liquidity and volatility in the market. However, the situation might change after Donald Trump's inauguration if he signs a crypto-related executive order.
Investors continue to monitor developments in the crypto market, especially in anticipation of possible changes in US policy after Donald Trump's inauguration.
