Helena π©π
@rachelhowa
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Is Ethereum or Solana closer to you?
After surveying employees of 119 companies from the United States, Europe, the Middle East and Africa that stored cryptocurrency, Ernst & Young employees found out that compared to 2023, the number of firms owning Ethereum decreased by 11% to 78%, and the number of enterprises investing in bitcoins, on the contrary, increased by 4% to 98%.
In addition, the number of organizations that invested in any coins except BTC and ETH decreased by 5% to 57%. These statistics clearly indicate an increase in the level of dominance of bitcoin in the digital asset market.
It is also impossible not to mention the increase in demand for Solana (SOL) from institutionals. In relation to the indicator recorded in 2023, the number of companies that invested in this cryptocurrency increased by a third. Obviously, businessmen began to show interest in Solana because of a powerful bullish trend, thanks to which the coin has risen in price by more than six times over the past year. 11 replies
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Toncoin (TON), the own coin of The Open Network blockchain, faced a surge in the number of futures traders hedging their spot positions after the arrest of Pavel Durov, CEO of Telegram.
On August 24, Durov was arrested when his plane landed at Bourget airport near Paris. He is allegedly charged with terrorism, human trafficking, collusion, fraud, money laundering and much more.
Just a few hours after the appearance of the reports, open interest in Toncoin increased by 32% to $303.09 million, according to CoinGlass. A crowd of traders appeared after a sharp drop in the TON price. 0 reply
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