🤑 Crypto's big Friday led to Bitcoin and Ethereum seeing enormous new trader leveraged and margin trades opening up on exchanges. However, Solana's own return above $140 is seeing very little. Consider this a bullish sign for SOL, as euphoric traders are looking elsewhere.

🗣 The top trending tokens in crypto Monday, based on rising discussion rates across X, Reddit, Telegram, Discord, and more, tracked by @santimentfeed:

1) Pollux $POX 🥇

2) Bitcoin $BTC 🥈

3) Maple $MPL 🥉

4) Solana $SOL

5) Ampleforth $AMPL

6) Tether $USDT

7) Fractal $FCL

8) Dogecoin $DOGE

9) Rocketpool $RPL

10) Quant $QNT

Read the descriptions of why each token is trending, and what the bullish and bearish outlooks of each token on this list are.

Link to the trending tokens dashboard here!

🧑‍💻 In terms of each crypto ecosystem's total development activity events, Ethereum remains on top. But Solana, Avalanche, and Cosmos are the fastest risers.

Bookmark the completely FREE Santiment Development Activity Dashboard to keep tabs here: https://app.santiment.net/dev-activity

📈 Solana has been making some separation against other altcoins, surging +7.5% in the past 24 hours. SOL is a particularly sentiment driven cryptocurrency, and the #5 ranked market cap asset can continue to surge if the crowd shows disbelief.

📊 Saturday is finally bringing a bit of solace to the markets, with mild bounces forming for Ethereum (back just above $3K) and Solana (just above $150). Longs were heavily liquidated on the drop. The hope is that greed stays tempered now, allowing for a weekend relief rally.

🐂🤞 Traders mainly have a bullish outlook toward top caps as the calendar has turned to August. Expect the FOMO to die down a bit before BTC, ETH, XRP, and SOL go on major runs. BNB is one of the few large caps seeing less bullish narratives than average at the moment.

📊 The crypto community has shown an increased focus on Bitcoin, Ethereum, and Solana compared to meme coins and other sectors. Crypto's consistent rises occur most often when there is a focus on top caps (a sign of caution) rather than more speculative assets (a sign of greed).

📈 Trading volume has veered heavily toward Bitcoin, Ethereum, & Solana as crypto's topsy turvy week ends on a good note. It's common for market-wide growth to be powered by these layer 1's, then redistributed to layer 2's & more. This may be a likely outcome for this weekend.

📈 The Solana faithful have been rewarded for their patience as prices have broken out +33% since the 4th of July. The climb is being fueled by crowd doubt toward SOL. Until FOMO replaces the FUD, $200 SOL is very much reachable soon.

📉 Bitcoin has now fallen to a 2-month low, with most altcoins faring far worse. With many traders buying the dip when BTC was nearing $60K, longs have been liquidated aggressively the last couple hours. This goes for other top caps like Ethereum and Solana as well.