On August 2nd (UTC+8), Wang Feng, the founder of Blueport Interactive (@wangfeng_0128), published an analysis of the current market situation. He pointed out that the reason the prices of the three major public chains are stable is that market investors have shifted from retail investors to institutions. The fact that Ethereum is recognized by more institutions and continues to rise strongly is "the best news of the year." He is particularly optimistic about Solana, believing that "SOL has latent favourable information," and speculates that under U.S. cryptocurrency legislation, the ETFs of the three major public chains are unlikely to fail. Alts, including DeFi and various application concepts, need to wait for Solana to be the first to "To da moon" in order to welcome a big pump.

ETH-3.82%
SOL-3.9%
DEFI-1.85%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)