📈 Solana is +12.3% in the past 36 hours. Aided by meme coins like #Trumpcoin creating polarized trader opinions and retail FUD over transaction delays, $SOL has benefited with minor decouplings over other altcoins. With retail traders selling off their bags over the past couple days, this has led to whales & sharks lining their pockets with the free coins being shed.

Markets move the opposite direction of the crowd's expectations, so watch to see if the FUD and disbelief continues with this helpful chart.

📉 Crypto markets have opened the week retracing further, instilling panic toward the retail crowd. Particularly Bitcoin and Ethereum are seeing massive FUD from newer traders who joined markets in the past 2-3 months

These new traders have not seen mid-sized corrections before, and are expressing panic over foreign market conditions to them. Historically, when retail traders begin to sell based on panic and emotion, whales and sharks have opportunities to scoop up more coins with little resistance, creating bounces. It may or may not be immediate, but conditions are setting up in the right direction.🫡

📺 Our latest video market update looks at Solana's sentiment, the encouraging drop in meme coin interest, and the game-changing percentage of total Bitcoin, Ethereum, and XRP tokens in profit. Enjoy our show with Ivan from 3x Capital!

🧑‍💻 While most crypto ecosystems have mildly slowed down their development activity rates as the holidays approach, Solana's is standing out as one of the few showing an increase in notable github events.

With many new projects coming out on the Solana ecosystem in recent months, this has led to a +11.2% increase in overall ecosystem development activity and a +4.2% increase in overall contributors, over the past month. 👍

🗣️ Today's top trending topics across social media are showing the majority of interest going toward Solana's impressive price run, and Microstrategy's continued massive Bitcoin purchases. Here are the breakdowns:

📈 The #4 market cap asset in crypto continues to rise against its peers, recently reaching an all-time high $0.0709 price ratio against Ethereum. Many traders are anticipating a potential breach of SOL's November, 2021 ATH of $257 before the end of the year.

💸 Michael Saylor and Microstrategy recently purchased approximately 51,780 more BTC for around $4.6 billion. This has generated considerable attention, highlighting Saylor's bullish stance on Bitcoin and influencing market discussions about large entities accumulating Bitcoin.

📊 As altcoins made huge runs post-US election, the rate of discussion toward crypto's top assets are directly correlating with price activity.

📌 Most eyes are still on Bitcoin as traders see whether it can surpass $80K by the end of the week
📌 Ethereum has made a recent jump in discussion rate by surpassing $2.9K and slightly outperforming Bitcoin (a rare sight) on Thursday
📌 Solana, XRP, and Dogecoin are all a bit under the radar as the community has shifted their sights on BTC and ETH. But prices are still performing well