XRP Ledger transactions dropped to nearly a sixth of their value this year
![Ripple](https://editorial.fxstreet.com/miscelaneous/Screenshot%202024-08-19%20at%209.28.35%20PM-638596818942882713.png)
![ETH Gas Fees since the London Hard Fork](https://editorial.fxstreet.com/miscelaneous/Screenshot%202024-08-19%20182730-638596865325082351.png)
![Bitcoin Puell Multiple chart](https://editorial.fxstreet.com/miscelaneous/Bitcoin%20Puell%20Multiple-638596640512841157.png)
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Bitcoin struggles despite reduced miners' selling pressure
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Bitcoin trades around $58,000 on Monday, down 0.7% on the day and extending the consolidation phase between $57,000 and $62,000 seen in the past ten days. From a technical perspective, the bearish thesis still prevails as BTC struggles to overcome key resistance levels and momentum indicators look weak.
Solana could make double-digit gains for three reasons
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Smart contract blockchain Solana (SOL), a key competitor for Ethereum,has noted a 150% increase in its stablecoin supply, largely driven by increasing DeFi opportunities, liquidity and lending protocols and expansion of projects from Ethereum ecosystem to Solana.
Vitalik Buterin moves 400 Ethereum, ETH hovers around $2,600
![Vitalik Buterin moves 400 Ethereum, ETH hovers around $2,600](https://editorial.fxstreet.com/images/Markets/Currencies/Digital%20Currencies/Ethereum/Ethereum_Coins_31_04_XtraSmall.jpg)
Vitalik Buterin, co-creator of Ethereum, the largest altcoin in the crypto ecosystem, moved ETH to a crypto mixer, early on Monday. The mixer is known to effectively prevent malicious actors and protect user privacy.
Dogecoin whales surge by 50% in 30 days, here’s what this means for DOGE
![Dogecoin whales surge by 50% in 30 days, here’s what this means for DOGE](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Dogecoin/Doge_Coin_31_02_XtraSmall.jpg)
Dogecoin, the largest meme coin in the crypto ecosystem noted a surge in whale wallet holdings. Data from on-chain intelligence tracker IntoTheBlock show a 50% increase in the count of wallet addresses holding over 10 billion DOGE.
Bitcoin: Signs of weakness persist
![Bitcoin: Signs of weakness persist](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/Coins/Bitcoin/bitcoin_XtraSmall.jpg)
Bitcoin (BTC) trades above $58,000 on Friday after after testing and failing to overcome the resistance level around $62,000 earlier in the week. The risk-on mood returned to markets this week, Marathon Digital added 4,141 BTC worth $249 million to its holdings and the US SEC approved a MicroStrategy leveraged ETF, potentially giving investors more exposure to Bitcoin.