Dogecoin Price Analysis – Active addresses, fees, and Google Trends hit new all-time highs
In early February, transactions per day hit a new multi-year high. Over the past few years, DOGE has had more transactions per day than Monero (XMR), Dash (DASH), and Zcash (ZEC).
Cardano Price Analysis – On-chain metrics hitting all-time highs
A quick comparison between coins using a staking mechanism shows Cardano first in market cap, total daily transaction volume, total fees, and GitHub commits on all repos over the past year.
Swerve Price Analysis – Decentralized exchange aims to reward community
Non-custodial decentralized exchanges have risen to prominence since mid-2020. Swerve and Curve Finance are unique amongst their peers, filling the stablecoin swaps niche exclusively. Technicals for the SWRV/USD pair show a bullish trend with prices over the 33-day EMA and four-hour Cloud.
Litecoin Price Analysis – Bullish trend metrics
Technicals for the LTC/USD pair reveal bullish trend metrics with the spot price above both the 200-day EMA and daily Cloud.
Curve Price Analysis – Stablecoin swaps
Non-custodial decentralized exchanges (DEXs) have quickly risen to prominence since mid-2020, along with the rise of various other DeFi mechanisms. Curve Finance is unique amongst its peers, filling the stablecoin swaps niche exclusively.
Balancer Price Analysis – Open-ended automated market-maker pools
Technicals for the BAL/USD pair show a bullish trend. In opposition to exchange curated pools and weights, any Balancer user can create variations of the 50:50 split typically found in automated market-maker pools.
Bitcoin Price Analysis – Tesla joins the fold
The Bitcoin price has hit all-time highs after Tesla announced on Monday that it has bought $1.5 billion in bitcoin. The disclosure follows Tesla CEO Elon Musk’s promotion of Bitcoin and other alt-coins like DOGE on Twitter.
Ethereum Price Analysis – All-time highs for on-chain activity and price
On-chain fundamentals including hash rate, difficulty, transactions per day, daily active addresses, and transaction fees all sit at or near all-time highs.
Ren Price Analysis – Thirst for BTC interoperability fuels wrapped asset protocol
The RenVM aims to bring BTC, and other coins, into the ERC-20 DeFi universe through the use of darknodes, or private order books. Technicals for REN/USD show a bullish trend with prices above the 200-day EMA and the daily Cloud.
Sushiswap Price Analysis – Growing DEX volume and bullish token technicals
Sushiswap trading volume has continued to increase month-over-month, with over US$12 billion traded on the platform in January alone.
Compound Finance Price Analysis – Nearly US$3.5 billion locked in
Nearly US$3.5 billion is locked in COMP Compound Finance, in a mixture of assets including Bitcoin, Ethereum, and Dai. This total value locked into contracts on COMP is the third-largest in crypto, behind MakerDAO and AAVE.
Uniswap Price Analysis – Bullish technicals for No.1 DEX
Technicals for both the UNI/USD and UNI/BTC pairs show a bullish trend with prices over the 33-day EMA and four-hour Cloud.
AAVE Price Analysis – Bullish fundamental and technical indicators
Similar to other crypto-based borrowing and lending platforms, AAVE has quickly become an integral part of the DeFi ecosystem.
Yearn Finance Price Analysis – v2 yVaults launch
YFI's position as a first-mover in the yield farming automation space has allowed it to maintain its position as a leading DeFi protocol. Onchain metrics and technicals, however, both lean bearish.
Synthetix Network Price Analysis – A strong uptick in on-chain metrics
Similar to MakerDAO and dai, Synthetix Network and synths have quickly become an integral part of the DeFi ecosystem. A vibrant staking platform and three separate DAOs managing protocol updates, treasury, and platform parameters ensure continued upgrades and maintenance for the next few years.
Leverj Gluon Price Analysis- Layer 2 token supports growing derivatives exchange
Technicals for the L2/ETH pair on Uniswap suggest a nascent bullish trend on low timeframes. The Leverj Gluon token's value proposition is boosted by the successful launch of decentralized perpetual future contracts on the Leverj platform and an invitation for other DeFi projects to build on Gluon's layer 2 framework.
