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Price and news of the crypto Litecoin, Solana, and Ethereum

source-logo  en.cryptonomist.ch 19 August 2024 11:02, UTC

The analysis of the crypto Litecoin, Solana, and Ethereum starting from the price and continuing towards the news that influenced the market fluctuations.

Summary

Price and market statistics of the crypto Litecoin, Solana, and Ethereum

Litecoin (LTC) is currently trading at 66.29 USD, with a market capitalization of approximately 5 billion dollars. With a trading volume in the last 24 hours of 228.9 million dollars, Litecoin maintains a stable position in the crypto market.

The circulating supply is 74.9 million LTC, which contributes to its overall valuation. Investors tend to hold LTC in their portfolio for an average period of 45 days, demonstrating a certain confidence in the cryptocurrency.

Despite its all-time high of 420.00 USD, LTC is still far from those levels, offering future growth opportunities for investors.

Solana (SOL) is currently trading at 142.96 USD, with a market capitalization of approximately 66.8 billion dollars, making it one of the leading cryptocurrencies on the market. In the last 24 hours, the trading volume has reached 2 billion dollars, highlighting the high level of interest and activity around this cryptocurrency.

With a circulating supply of 466.2 million SOL, Solana stands out for its wide distribution and usage. Investors tend to hold SOL for an average period of 146 days, highlighting the long-term confidence in the platform.

Ethereum (ETH) is currently trading at 2,626.27 USD, with a market capitalization of around 316.4 billion dollars, consolidating its position as the second most popular cryptocurrency in the world.

In the last 24 hours, the trading volume has reached 10.1 billion dollars, reflecting significant activity in the market. The circulating supply is 120.3 million ETH, a key factor in determining its value.

Investors hold ETH on average for 44 days, a sign of an active and dynamic investment strategy.

LTC: ViaBTC becomes the main Litecoin mining pool

ViaBTC has recently become the leading Litecoin mining pool, surpassing other major platforms in the sector.

This dominant position has been achieved thanks to a combination of high hashing power and a robust infrastructure, which has attracted numerous miners to the platform.

The success of ViaBTC as leader in mining of Litecoin reflects its ability to offer competitive rates and advanced technical support, making it a preferred choice among cryptocurrency miners. Its rise to the top of Litecoin mining not only underscores the growing importance of the platform but also highlights the continued trust of users in its secure and transparent operations.

With a growing market share, ViaBTC is consolidating its role as a key player in the cryptocurrency ecosystem, significantly contributing to the security and decentralization of the Litecoin network. This milestone could further influence the dynamics of the mining market, pushing other pools to improve their services to remain competitive.

SOL: the foundation of the first AI sidechain of Solana.

HajimeAI, a team recently victorious in the global hackathon of Solana, proudly announced the foundation of the first AI sidechain of Solana. This innovative initiative is designed to create the world’s first decentralized multi-agent graph (deMAG), focused on user intent.

Leveraging advanced Web3 technologies, HajimeAI aims to empower and democratize artificial intelligence agents, offering a platform that promises to be not only efficient and secure but also accessible to a wide range of users. The HajimeAI team is convinced that, through this multi-agent platform, Solana and the broader Web3 ecosystem will see greater socioeconomic adoption.

This sidechain represents a significant step towards the integration of artificial intelligence capabilities with decentralized blockchains, opening new possibilities for applications that require a high degree of autonomy and interactivity between agents.

ETH: Buterin transfers another 400 ETH worth 1.05 million dollars to Railgun

Vitalik Buterin, co-founder of Ethereum, has recently transferred another 400 ETH, worth approximately 1.05 million dollars, into the Railgun protocol. This transfer represents another significant move by Buterin, who seems to be consolidating his interest in advanced privacy solutions within the blockchain.

Railgun is a protocol known for its anonymity features, which allows users to make transactions more privately, protecting the identity and details of their operations. Buterin’s action has attracted the attention of the crypto community, not only for the amount transferred, but also for what it implies regarding his priorities and future visions for Ethereum.

This movement could suggest a growing interest in improving transaction privacy on the Ethereum network, stimulating further discussions and developments in the field of anonymous blockchain.

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