SoftQuant

12:21

SoftQuant

Binance has for many years tried their own versions of buying US debt with USD made from selling a stablecoin of their own. This has been squashed nearly every time and has most likely hindered the flow on binance itself. It seems binance may have blinked. USDC has been flooding into Binance this year maintaining often very high levels of relative volume. This...

17:23

SoftQuant

Weve had plenty of scepticism come out over inclusion of altcoins in the strategic reserves. News reports on it undermining the reserve. We have also had Trumps cost cutting and tariffs pushing bearish pressure on the market. While ADA+XRP+SOL are sitting on previous all time highs. Even more troublesome is the unwinding of USDT. This may pull away one of...

07:00

SoftQuant

As the overall market and Ethereum falls we have seen price enter recovery phase Recovery phase forming a 'pressure cooker' can be extremely powerful sign of stable recovery The lending space has continued to boom with AAVE deposits at all time highs. Deposits keep increasing as Ethereum Foundation adds more ETH into AAVE Keep an eye on how lending space...

25:20

SoftQuant

Previous Solana breakouts have seen strength in performance for Sui and Base following. Americoins will need to be balanced by Trump. He has shown signs of supporting across the board. Rather than one or two picked winners. Supporting Base and Sui will likely be something Trump is interested in. Trumps exposure now to Solana is massive and he likely wants to...

19:16

SoftQuant

XRP has broken 2018 highs and made a lot of people (inc me) eat their words. This can be impactful to the overall market in a big big way.

11:07

SoftQuant

Main chains gaining activity this cycle are #1 SOL #2 base #3 SUI #4 HYPE these chains and applications on them should get a massive boost if/when OTHERS breaks out TRX style

28:25

SoftQuant

The crypto market is maturing to the point of clear winners and losers within the application space. The chain level has proven in 2024 not to be decided with the consistent growth of SOL Within the different chains though we have still seen winners seperately themselves from the losers. The winning applications? Usually theyve been in three fields. Validating....

05:10

SoftQuant

Tron has been a major overperformer with catching a niche in the growing stablecoin market. While BNB has been losing market share both in its chain and with its exchange.. BNB does still look strong. It does still share an ongoing fractal with TRX. It does look like relative to its weaker performance itll grow. I suspect TRX will pull BNB into a breakout of...

07:32

SoftQuant

Solana space obviously leading this altcoin market and has been for a while now. The Tron breakout of all time highs does undermine SOL somewhat but not really the Solana space. With Solana space breaking out like it did so aggressively at the end of 2023 was the first rotation of BTC gains. I think its quite possible that Solana space gets first rotation of...

07:09

SoftQuant

TRX was especially strong this bear market. It was able to steady itself from falling too far. Similar more to Bitcoin then other alts like Solana. TRX fell around 74% in the bear market like BTC. SOL fell more like 94%. TRX now 150% above old highs and SOL below old highs. This is not to take anything away from SOL but comparing TRX to the other strongest alt...

05:26

SoftQuant

Without a doubt in my mind Solana was the altcoin that led crypto out of the bear market. In many metrics it has become the best performing chain. Raydium, Jito, Jupiter and others inc Phantom have be key players in this. Now capital is clearing rotate away from the gains made in Solana to non Solana areas. Perhaps we see further rotation throughout crypto...

06:54

SoftQuant

Babylon has quickly gone from $0 in tvl to SEED_TVCODER77_ETHBTCDATA:1B now +$2b. This liquidity being provided to defi could take away a key value proposition of Ethereum vs other chains. As best seen with Solana and its competitive dex volume to Ethereum.. Ethereums key advantage is deeper liquidity than Solana. Should Babylon allow chains to tap into...

13:11

SoftQuant

Uniswap is already one of if not the leading application within defi. That is just as a dex. I believe that dexs have the most flexibility when it comes to crypto as it has the holy trinity of high users, volume and liquidity. Helpful for financial market application. If Unichain is a successful launch then Uni could become the centralising app within...

12:15

SoftQuant

Defi is dominated by four sectors. Chains. Staking. Dexs. Lending. Those four sectors cover majority of crypto space today. Together they create a liquid financial market. Tomorrow they may help spawn an emerging sector like ai, gaming, metaverse, nft, depin, etc into a dominate industry. Unfortunately for many those emerging sectors have yet to become dominate...

12:21

SoftQuant

XRP has been dying for years Relative to the space XRP has been a bad hold. In the last bull run it underperformed BTC and of course many others. It also underperformed its own previous high. Pattern is similar to previous mega run The lower high pattern is similar to what it made before its last mega run in 2017. It did top out late and was a market...

05:56

SoftQuant

The Sui chain is trying to enter BIG4 category Since October last year its been clear that the BIG3 are Eth, Sol and BSC. BSC has been losing market share since 2021 but is still dominant to second tier chains. Out of the second tier chains Sui has been growing. Now competitive with only Avax.. Sui is trying to make its way into becoming apart of the BIG4 if...

07:53

SoftQuant

Aave is dominanting the Ethereum space Looks like Aave is pulling away in terms of Ethereum lending protocols. It may continue this trend of dominance. Of course things could change within ethereum but if the trend continues then perhaps their competition will lay outside ethereum. Solana massively grew its footprint Solana may have had its issues whilst...

11:50

SoftQuant

Aave has moved into newly appeared weekly 200ma This beautiful structure we refer to as an apex setup. While first test may need a bit of support.. the technical setup looks great for aave to eventually breakout above this apex and run very nicely. Aave fundamentally is obviously performing incredibly well relative to the space. As eth experience influx of...