📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
If Solana crosses this price while Bitcoin crosses the critical threshold, it could rise to $180! - Coin Newsletter
Bitcoin and Solana are on the verge of significant movements, with both assets testing their 50-day moving averages, while persistence above the 200-day average is required for a rally.
Cryptocurrency markets reversed their direction with profit realization after the rise at the beginning of the week. Bitcoin pulled back to $83,500, while major altcoins such as Ethereum and Cardano saw declines of up to 5%.
FxPro analyst Alex Kuptsikevich pointed to the technical levels that will determine the short-term direction of the market. According to Kuptsikevich, "Bitcoin's holding above its 50-day average is an important technical attempt to reverse the downtrend." BTC is currently testing $85,700, while a close above the 200-day average could confirm a trend reversal.
There is a similar outlook on the Solana side. SOL is testing its 50-day average at $130. According to Kuptsikevich, "A consolidation above this level could take the price to $145, then $180." **
Solana surpasses Ethereum in volumes
According to the analyst, Solana stands out not only in terms of technical terms, but also in terms of trading volume. For the last 3 days, the decentralized exchange has surpassed Ethereum in (DEX) volumes and has been at the top with $2.43 billion in transactions.