Last week, cryptography prices had mixed results, with popular tokens such as ONYXCOIN, FARTCOIN, JASMY, HYPERILICID and Helium Soaring.
Other altcoins, such as Tezos, EOS, Movement, Toncoin and Ethereum, crashed with two -digit ones. Bitcoin (BTC) remained at the consolidation stage for a week, even though the US dollar index shares and US shares hesitated.
This article discusses why Fartcoin (Fartcoin), Solana (SOL) and Arbitrum (ARB) are the best cryptocurrencies for viewing this week.
Solan
SOLANA, the Layer-1 giant network will be in the spotlight this week due to its growth in transactions. Nansen’s data show that his transactions have increased by 6.6% over the past seven days to 355 million, while its fees increased to more than $ 6.15 million.
In addition, Solana turned Ethereum (ETH) from the point of view of decentralized transactions, since over the past seven days she processed more than $ 15 billion.
In addition, some popular coins of memes on the network, such as Poppat (Poppat), Dogwifhat (WIF) and Fartcoin, have taken off. Therefore, this performance can help increase the price of Solana this week.
The above diagram shows that SOL Price recovered to $ 129 after the bottom at $ 94.65 at the beginning of this month. More potential customers will see how token will rise to 38.2% of the fibonacci recovery point by $ 170.
Fartcoin
Fartcoin is another best cryptocurrency that can be observed this week from her recent performance, since she jumped by more than 364% from the lowest point this year. He jumped to the highest point from February 1.
This appearance occurred when whales were accumulated, which led to fear of skipping among investors. Technically, he formed a cup and a sample of the handle, pointing to a greater growth in the next few days. If this happens, the token will most likely continue to grow, since the bulls are aimed at the key resistance of $ 1.5.
Arbit
Arbita-Token was in a strong descending trend in the past few months, even though he became the second largest network Layer-2 in Crypto. The data show that the volume processed by its DEX protocols jumped by more than 40% over the past seven days to $ 4.6 billion. USA.
Arbitrum will be in the spotlight for two main reasons. Firstly, his network is likely to cross a milestone of $ 500 billion in terms of DEX transactions. His protocols, such as Uniswap, Fluid, Pancakeswap and Camelot, coped with more than $ 495 billion.
Secondly, the ARB price will be in the spotlight, as the network will unlock tokens worth more than $ 28 million, which is 2% of its float. Regular unlocks of the network explain why the token broke 87% of its record high level.
On the positive side, the price of the referee formed the falling circuit of the wedge. In addition, as shown above, an amazing generator formed a model of a former divergence, indicating a possible rebound.
