Solana DEXs Trading Volume Surges
The trading volume of decentralized exchanges (DEXs) on the Solana blockchain has experienced a significant increase of 54% in the past week, reaching over $3 billion in total trade volume. Leading DEXs like Orca and Raydium have grown by 70%. Despite this surge in activity, the price of Solana has not seen significant gains and has dropped from its 7-day high. However, the price chart still shows gains in the weekly and monthly charts, with analysts forecasting a jump to $72 in the coming weeks.
Shiba Inu Introduces “Donate” Feature for Shibarium
The development team behind Shiba Inu has introduced a new feature called “Donate” on Shibarium. This feature allows the Shibarium community to make financial contributions to non-profit validators that play a crucial role in ensuring the efficiency and security of the network. The Shiba Inu coin has been trading within a specific price range in the past week, and analysts and traders remain bullish about its future price prediction.
Everlodge: Investing in Real Estate Properties
While Solana and Shiba Inu have caught the attention of analysts, Everlodge (ELDG) has become popular among real estate enthusiasts. Everlodge serves as a marketplace where traders can become fractional or full owners of high-end properties such as hotels, villas, and luxury homes. These properties are transformed into NFTs and divided into smaller ownership shares. Traders can also use their NFTs as collateral to secure fast loans through Everlodge’s lending feature. The native token of Everlodge, ELDG, offers tangible benefits and discounts on properties within the marketplace.
Hot Take: Solana, Shiba Inu, and Everlodge Drive Investor Interest
Solana and Shiba Inu have attracted the attention of market analysts due to their bullish price movements, with forecasted gains in the future. On the other hand, Everlodge has captured investors’ interest by offering opportunities to invest in real estate properties through its marketplace. These projects present unique opportunities for crypto investors looking to diversify their portfolios and explore different sectors. As the cryptocurrency market continues to evolve, it’s important for investors to stay informed about emerging trends and projects that could offer potential growth and value.