The Latest News for Binance Coin, Solana, and Manta
In recent news, Binance is partnering with the Blockchain Center to develop an educational program on cryptocurrencies and distributed systems for over 200 universities worldwide. The goal is to train one million students in blockchain engineering and compliance by 2026.
Solana has introduced a new feature called “token extensions” that allows developers to add advanced functionality to tokens on the Solana network. This update could improve the landscape of stablecoins on the network.
Manta Network has experienced significant growth, becoming the third-largest network by TVL. It has attracted over $1.6 billion and has seen a surge in active addresses and transactions.
Analysis of Prices of BNB, SOL, and MANTA
Binance Coin (BNB) has lost about half of its value against BTC in the last two quarters of 2023 but has shown signs of recovery. The price is currently above the EMA 50 daily, indicating potential for a return to higher levels.
Solana (SOL) has experienced a significant increase in value against BTC, growing by 500% in about six months. The price has remained above the EMA 50 without signs of a market reversal, but a potential bearish movement may occur within its trading range.
Manta (MANTA) has shown steady growth since its listing on Binance and airdrop. Its prices are higher than when it first started trading, indicating a positive outlook for the future.
Hot Take: Positive Outlook for BNB, SOL, and MANTA
Despite some uncertainties, Binance Coin, Solana, and Manta are expected to have positive futures. BNB may recover against BTC with strong breakout and volumes. SOL has shown significant growth and may continue to grow in 2024. MANTA has experienced steady growth since its listing and offers a positive price outlook.
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