Social media activity is one of the most important things for cryptocurrencies because what determines the price is demand and the narrative that triggers it. What shapes the charts is the interest of investors, so following their agenda will give us an idea about the relevant cryptocurrencies today and tomorrow. What about ETH, SOL, BTC, USDC, PIPPIN and LINK Coin What’s the agenda for?
ETH, SOL and BTC
Quantum It is an issue that has been worrying many crypto money investors lately. Discussions about quantum risk to ECDSA signatures used by Ethereum accounts, contract administrator keys, and on-chain data sparked on March 31, with Google’s article saying “Protect yourself by 2029.” The Ethereum team, which is working on transition/upgrade strategies with post-quantum signature options (Falcon, hybrid schemes), will take the necessary steps in this regard without waiting for 2029.
Ethereum Foundation staked tens of thousands of ETH (estimated ~45k–70k ETH). Charles Schwab announced that it will open BTC and ETH spot trading to its massive customer base. The process will be completed by June.
Solana (SOL) is reeling from the massive DeFi hack that affected more than 20 Solana projects. While DeFi was already losing blood, it was annoying that one of the largest protocols on the network was the target of the North Koreans. The price is below $ 80. Transaction errors, slow confirmations, and wallet/connection issues have led to an increase in negative reviews for Solana.
Solana (SOL), which has avoided closings below $78 for 58 days, may face a more painful situation in the general decline that will occur next week. The next target in a possible decline is $68.
On the Bitcoin (BTC) front, the Google Quantum AI technical report made a splash. The risk of Bitcoin being subjected to quantum attacks has caused some fear, along with conspiracy theories. These discussions will continue until we see a concrete roadmap, as development for Bitcoin is slow compared to cryptocurrency networks that are already testing post-quantum cryptography.
USDC, PIPPIN and LINK Coin
Zach brought USDC to the agenda on Friday and announced that Circle has committed over $420 million in compliance violations since 2022. Zach said that in at least 15 incidents, including Drift and SwapNet, the assets seized by the attackers were not frozen despite the possibility, which is unheard of, and he thinks that this figure exceeds billion dollars with individual incidents.
PIPPIN It’s performing based on social media activity, and the number of investors talking about it these days is pretty good. It may reap the fruits of this in a possible market recovery.
Analytics reports show that around 19 million LINK were unlocked in the last quarter and ~14.37 million LINK Binance He revealed that the rest was transferred to the stock exchange and a multisig. Despite numerous project announcements and integrations, LINK Coin has not been delivering what is desired for years, as the token utility has not broken the sales pressure.
Apyx (CCIP for cross-network transfers of apyUSD and apxUSD), Edel Finance (Data Streams for securing RWA-backed loans) and TAKADAO (CCIP for opening cross-network savings vaults) have started using Chainlink solutions. Even though all these make a splash, the price continues to ignore them.
