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Solana (SOL) has climbed 10% in the past week, buoyed by bullish technical signals. Trading within an ascending parallel channel and supported by a positive Elder-Ray Index, SOL sits just below a key resistance level at $186.52, with the potential to push past $190 if buying momentum persists.
It is expected that the overall ecosystem will continue to mature, and ultimately, using proxies will become the mainstream way of financial participation.
Ethereum’s recent rally past the $4,000 mark has crushed short sellers and attracted renewed institutional interest, driving futures open interest higher. Holding strong support near $3,909, ETH could push toward $4,430 resistance and possibly retest its all-time high, provided buying momentum continues.
After a quiet week, crypto whales have seized the moment to build positions in key altcoins. Ethereum leads the pack with strong accumulation pushing it above $4,000. Meanwhile, meme coin PEPE and Mantle have also attracted large investor interest, signaling bullish prospects ahead.
- 03:06Data: Most crypto sectors decline, but the AI sector rises against the trend for two consecutive daysAccording to ChainCatcher, based on SoSoValue data, most sectors in the crypto market have generally declined, but the AI sector has continued to rise against the trend for two consecutive days, with a 24-hour increase of 4.51%. Within the sector, ChainOpera AI (COAI) surged again by 56.47% after rising more than 25% yesterday. In addition, Bitcoin (BTC) fell by 1.29%, dropping below $112,000. At the same time, Ethereum (ETH) dropped by 2.60%, falling to around $4,100. In other sectors, the CeFi sector fell by 1.99% over 24 hours, but within the sector, FTX (FTT) bucked the trend and rose by 9.79%. The Layer1 sector dropped by 2.57%, with TRON (TRX) remaining relatively resilient, up 0.95%. The PayFi sector declined by 2.69%, but Dash (DASH) increased by 3.83%. The Meme sector dropped by 3.15%, with MemeCore (M) climbing 1.61% during the session. The DeFi sector fell by 3.89%, with PancakeSwap (CAKE) down 10.07%. The Layer2 sector dropped by 4.74%, with Mantle (MNT) and Zora (ZORA) down 5.91% and 8.51%, respectively. The crypto sector indices reflecting historical sector performance show that the ssiAI, ssiGameFi, and ssiLayer2 indices fell by 5.00%, 4.86%, and 4.78%, respectively.
- 03:06RootData: ZORA to unlock tokens worth approximately $15.57 million in one weekAccording to ChainCatcher, citing token unlock data from the Web3 asset data platform RootData, Zora (ZORA) will unlock approximately 166.67 million tokens at 21:00 on October 23 (GMT+8), with a total value of about $15.57 million.
- 03:06LAB project team has repurchased over 20.9 million LAB tokens, worth approximately $2.35 million, from multiple exchanges in the past 30 hours.According to ChainCatcher, on-chain analytics platform Lookonchain has monitored that in the past 30 hours, LAB (@LABtrade_) has repurchased more than 20.9 million $LAB tokens from certain exchanges, Bitget, and PancakeSwap, with a total value of approximately $2.35 million.