Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ALTCOIN NEWS»Santiment finds that a surge in trading volume in a major digital asset sector could have a dramatic impact on future cryptocurrency prices
ALTCOIN NEWS

Santiment finds that a surge in trading volume in a major digital asset sector could have a dramatic impact on future cryptocurrency prices

By Crypto FlexsJuly 22, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Santiment finds that a surge in trading volume in a major digital asset sector could have a dramatic impact on future cryptocurrency prices
Share
Facebook Twitter LinkedIn Pinterest Email

Santiment, a prominent analytics firm, said that the increase in trading volume in one cryptocurrency sector was a precursor to the overall market rally last month.

Santiment said it is looking at volume spikes across different areas of cryptocurrencies to see which areas could be signaling future price increases.

According to the firm, the current cryptocurrency rally began on July 8, when investors poured capital into Bitcoin (BTC) and Layer 1 projects.

“All the major volume spikes over the past month have come from a variety of sectors.

The increase in trading volume of Bitcoin and Layer 1 assets will lead to future cryptocurrency price increases.
The increase in trading volume of AI (artificial intelligence) and big data coins is neutral.
As the volume of Mimecoin increases, it reaches its peak.”

Source: Santiment/X

According to Santiment’s charts, the volume spikes in Bitcoin and Layer 1 projects are a sign that traders are cautiously optimistic. Meanwhile, the surge in volume in Mimecoin is a sign that greed is taking over after a major market recovery.

In the case of Solana (SOL), Santiment sees the Ethereum (ETH) competitor continuing to surge as long as traders question Solana’s performance.

“Solana’s faithful have been rewarded for their patience as the price has increased by +33% since July 4th. The increase was fueled by the crowd’s skepticism about SOL.

A $200 SOL could be reached soon enough, until FOMO (Fear of Missing Out) replaces FUD (Fear, Uncertainty, Doubt).”

video
Source: Santiment/X

Don’t miss out on the latest news – subscribe to receive email notifications straight to your inbox.

Price check task

Follow us XFacebook and Telegram

Surfing the Daily Hodl Mix

&nbsp

Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are your responsibility and any losses you may incur are your responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

Generated image: DALLE3

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

SEI tokens have soared more than 100% in June -the highest catalyst explained.

June 26, 2025

$ 438m XRP Transfer Sparks Panic- Ripple?

June 19, 2025

Solana Price Eyes 103% Rally $ 300: Here is the reason.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Chipmunk introduces an acceleration without training for the diffusion transformer.

April 23, 2025

Solana-Based Zack Morris Cryptocurrency (ZACK) Explodes 200%, but Should You Be Careful?

May 21, 2024

Ethereum Insider Criticizes ETH Founder, Calls Buterin ‘Idiot’ and Lubin ‘Sociopath’

January 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.