Record $300 Billion Stablecoin Volume on Solana; InQubeta Presale Draws Ripple Whales
The post Record $300 Billion Stablecoin Volume on Solana; InQubeta Presale Draws Ripple Whales appeared first on Coinpedia Fintech News
The crypto landscape has been a flurry of exciting events since the SEC decision on Bitcoin ETFs earlier this month. The ETF impact on crypto prices, while not significant yet, is expected to be noticeable in the coming days. In an exciting piece of crypto news, Solana (SOL) registered a record-breaking $300 billion stablecoin volume, capturing a large share of the market.
Meanwhile, InQubeta (QUBE), a new ICO, has been the rave of the moment. Its innovative concept as an AI altcoin and staggering upside potential has captured the attention of Ripple whales. Set to skyrocket, it is one of the best cryptos to buy now.
InQubeta (QUBE): Ripple Whales’ Favorite
InQubeta (QUBE) continues to create a buzz in the ICO world and crypto community. As a promising ICO, it has become an investor favourite, drawing the attention of whales, including Ripple. To date, a whopping $8.5 million has been raised in its ongoing presale, which suggests rising popularity and soaring confidence.
Its innovative concept as a blend of AI and crypto sets it apart. It seeks to solve the most pressing challenges within the AI sector through blockchain; hence, it is hailed as ground-breaking. To address these issues, notably fundraising and accessibility, it will build the first crypto-based crowdfunding platform and an NFT marketplace.
To raise funds, tech startups will mint investment opportunities as equity-based NFTs. These tokenized real-world investments will be divided into bits—providing democratized access—and offered to investors on the marketplace.
On the cusp of adoption, InQubeta has been tipped as the best new crypto to invest in. The top ICO is in its seventh stage, and a token costs only $0.0224. Meanwhile, according to experts, the price will rally by 3,500% after its launch, making it a bullish play not to miss out on. If you wish to become an early holder, simply click the link below.
Solana (SOL): $300 Billion Stablecoin Volume
Solana (SOL) is one of the most popular altcoins on the crypto market today. It has been making waves in the crypto market following a remarkable run in 2023—flipping Ripple in market size and skyrocketing. With its foot firmly on the gas, the new year promises to be more exciting, with Solana positioned as one of the best cryptos to invest in.
In a piece of crypto news that stirred up quite a buzz, Solana surged to a record-breaking $300 billion in stablecoin volume. It is remarkable how its stablecoin volume went from a modest $12 billion in October 2023 to now challenging Ethereum dominance. The USDC (USD Coin) and USDP (Paxos stablecoin) launches on the Solana blockchain played crucial roles in this ascent.
With Solana boasting several compelling advantages, including high transaction speeds and scalable solutions for stablecoin transfers, it is poised for further growth in the future. This makes it one of the altcoins to watch.
Currently, it is gaining momentum and aims to gain strong support over $100. Afterwards, analysts anticipate a rise to $200 before the end of the year. With 2024 shaping up to be a bull market, SOL is a bullish play you don’t want to miss out on. Hence, to avoid feeling the fear of missing out (FOMO), we suggest grabbing a bag of SOL to ride its bullish wave.
Conclusion
Solana assumed the centre stage once again after its stablecoin volume leapt to $300 billion. Meanwhile, InQubeta, one of the new ICOs, continues its upward march and captures the attention of Ripple whales. Analysts anticipate explosive growth after its launch, making it a very compelling investment.
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