Cryptocurrencies Value Forecast: Solana, LUNC and Crypto – European 2023

Solana prone to broaden gains as DeFi airdrop season could boost user base

Solana ecosystem is set to encounter a surge in action from decentralized finance (DeFi) projects that offer users airdrops in the following months, according to a report from crypto market intelligence organization Messari. A higher user base – along with the steady increase in week after week dynamic addresses on the layer 1 blockchain – benefits Solana (SOL) token’s valuation, which has risen almost 4% over the course of the past day and a whopping 59.20% in the last month.

LUNC ranks among trending tokens alongside Dollar fixed stablecoin USTC, eyes recuperation

Land Luna Classic (LUNC) and Land Classic USD (USTC) the two tokens are trending among traders in the wake of noting a massive surge in their cost. Santiment analysts accept these tokens are gaining fame after their collapse, liable to see a recovery.

Energetic crypto market

The crypto market has added 1.5% in the last 24 hours, bringing the capitalisation back to the 1.44 trillion level, which has been acting as resistance throughout the previous three weeks. The vertical development has intensified since the beginning of December.

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