CRYPTO CLOUD narxCLOUD

$BTC /USDT ANALYSIS Bitcoin is consolidating within a symmetrical triangle pattern and is currently rebounding from the horizontal demand zone. The Ichimoku Cloud serves as a resistance barrier above the pattern. A decisive breakout or breakdown is needed to confirm the next directional move. $BTC

$LAYER Solayer (LAYER) is the first native restaking and liquid restaking protocol on the Solana blockchain. It empowers users to maximize the utility of their staked SOL and select Solana-based Liquid Staking Tokens (LSTs) by enabling them to earn additional yield. Essentially, the project lets users "restake" their staked assets to earn more rewards. Key features sSOL: This is the project's restaking token. When users deposit SOL or eligible LSTs, they receive sSOL, which can then be used to secure various Solana-based dApps that require enhanced validation. sSOL can also be utilized in various DeFi strategies, offering flexibility beyond just AVS participation. Endogenous AVS: Solayer (LAYER) focuses on "endogenous" AVS, meaning these are services and protocols native to the Solana network. These include Solana Layer 2 blockchains, decentralized cloud infrastructure providers on Solana, and native Solana dApps. sUSD: Beyond restaking, Solayer has introduced sUSD, a real-world asset (RWA)-backed synthetic stablecoin. sUSD is pegged to the U.S. dollar and offers yield-bearing opportunities tied to the U.S. Treasury Bills, making it a unique offering within the Solana stablecoin landscape.$LAYER

💡EXPLAINED: What are storage tokens and how do they work? Storage tokens are digital assets that prove data ownership on decentralized networks. Think of them as your ticket to a new kind of cloud storage.

$AUCTION ANALYSIS AUCTION is rebounding from the support trendline of its descending channel, with the Ichimoku Cloud acting as resistance above the pattern's resistance trendline. A decisive breakout above both the pattern and the cloud could trigger a strong bullish rally.

$AUCTION ANALYSIS AUCTION is rebounding from the support trendline of its descending channel, with the Ichimoku Cloud acting as resistance above the pattern's resistance trendline. A decisive breakout above both the pattern and the cloud could trigger a strong bullish rally.