RT BSCN (@BSCNews)📣 The data is in. Meet the projects have have outperformed the market over the last 7-days...- @axelar $AXL [+25.6%]- @MemeCore_M $M [+19.7%]- @zcash $ZEC [+20.4%]- @Mantle_Official $MNT [+19.3%]- @MerlinLayer2 $MERL [+10.8%]- @Chiliz $CHZ [+12.8%]- @FartCoinOfSOL [+12.2%]- @Ronin_Network $RON [+10.9%]- @SuperVerse $SUPER [+10.9%]- @OKX $OKB [+10.6%]- @AttentionToken $BAT [+9.6%][Data: CMC Top 200] ...

Core Insights - The cryptocurrency market has increased by 2.9% in the past 24 hours, reversing a 30-day decline of -10.44% and continuing a mild upward trend over the past week (+2.13%) [1] - Key factors driving this market movement include expectations of a 25 basis point rate cut by the Federal Reserve, short-squeeze events, and positive news regarding exchanges and partnerships [1][2][3] Market Performance - Bitcoin (BTC) is priced at approximately $92,485, with a 24-hour increase of 2.65%. Key support and resistance levels are identified [7] - Ethereum (ETH) is priced at around $3,319, with a 24-hour increase of 6.57%. Critical price levels are highlighted for potential upward movement [7] - BNB is priced at about $893, with a 24-hour increase of 0.47%. The price action is contingent on maintaining above a specific support level [7] - Solana (SOL) is priced at approximately $139, with a 24-hour increase of 5.23%. Key price levels are noted for potential upward movement [8] Market Sentiment - The total market capitalization of cryptocurrencies is approximately $3.16 trillion, with a 24-hour trading volume of about $147.31 billion. Current market sentiment is at 25 (fear), indicating a cautious approach among investors [8] - The dominance of Bitcoin is at 58.5%, while altcoins represent a lower index of 18/100, reflecting a clear risk-off sentiment [8] Liquidation Events - In the past 24 hours, a total of 112,592 traders were liquidated, amounting to $420 million, with significant losses in both long and short positions [5] Top Gainers and Losers - Top gainers include G (up 38%), AXL (up 24%), and LUNA (up 24%) [10] - Top losers include ALLO (down 15%), RDNT (down 13%), and WIN (down 8%) [10]

Development Activity Ranking - Santiment identifies top crypto coins associated with the Ethereum-based ecosystem based on development activity [1][2] - The ranking reflects each project's position change since the previous month [1] - The methodology involves filtering notable github activity data from project repositories [1] Top Ethereum-Based Projects - MetaMask ($mUSD) leads the ranking [2] - Radworks ($RAD) is ranked second [2] - Chainlink ($LINK) secures the third position [2] - Starknet ($STRK) is ranked fourth [2] - Ethereum ($ETH) is ranked fifth [2] - Other notable projects include Status ($SNT), Decentraland ($MANA), Eigencloud ($EIGEN), Axelar ($AXL), and Worldcoin ($WLD) [2]

Partnerships & Solutions - Chorus One 与 Bitget 合作，为 ATOM 和 AXL 提供领先的 staking 解决方案 [1] - Bitget 上的 staking 由 Chorus One 的顶级验证器基础设施提供支持 [2] Staking Benefits - 在 Bitget 上进行无缝、安全的 staking [2] - 具有竞争力的奖励和灵活的赎回机制 [2] Ecosystem Expansion - Cosmos 生态系统不断扩展，鼓励用户 stake Cosmos tokens 以充分利用其资产 [2]

Investment Thesis - Axelar is considered undervalued, especially given its role in the XRP EVM sidechain and its potential for significant growth [8][9] - The project is primed for a massive move, with potential for a 10x increase based on its fully diluted value [2][3] - The current chart is viewed as extremely bullish, with potential for a 600% upside push to retest 2024 highs [7][6] Technology and Ecosystem - Axelar enables a crucial piece of the EVM side chain for XRP, a project with a market cap of $20+ billion [8] - Axelar burns 98% of Axelar fees and locks tokens, potentially leading to deflationary tokenomics [11][16] - The ecosystem is extensive, with integrations across numerous projects and over 80 chains [12][15] Partnerships and Use Cases - Axelar is a core platform linking XRP Ledger to the world, enabling interoperability and asset transfers [17][18] - The interchain token service is a huge enabler for tokenization, working with institutional players like Deutsche Bank [24] - Axelar is working with asset issuers, tokenization platforms, custodians, major banks, and enterprises [28] Tokenomics - Axelar has a total supply of 12 billion tokens, with 1 billion circulating [9] - Concerns about token unlocks are mitigated by the fact that unlocks are fractions of the actual supply and Axelar burns a significant portion of fees [10][11] - Unlocked circulating supply is 7928 million, with the next unlock scheduled for August 21st [10]