BudBlockz Investors Gain 40% As The Private Sale Closes. ApeCoin & Solana Trail Behind

There is a lot of optimism surrounding cryptocurrencies at the moment, with many analysts starting to believe the ‘crypto winter' is ending. There has been a general uptick in the markets, with tokens like ApeCoin (APE) and Solana (SOL) seeing notable rises.

Timeline of Apecoin-ape, , Solana

The recent sell-off in the crypto market offset the prior recovery in Solana price. The buyers currently stall this downfall at local support of $32.7, but the low volume activity in their attempts keeps the correction threat on the table.

Among the coins with the highest trading volume, let's look into Fantom (FTM) and Apecoin (APE) to see if it's a good time to enter these trades. Both coins made impressive gains in the last 7 days, thanks to the crypto market's latest bull run.

The total value locked (TVL) on the Solana blockchain's decentralized finance (DeFi) space has trended downwards in U.S. dollar terms over the past three months, dropping a total of 45.9% from $3.94 billion to $2.13 billion.

Solana (SOL) has risen by 5% today relative to its 24-hour low, moving from USD 36.82 early this morning to USD 38.67 as of writing. Its current price also represents a 20% jump in the past week, according to CoinGecko, as well as a 19% increase in the last 14 days.

These past few months have seen many devastating things happen in the crypto world, and many tokens, including Apecoin (APE) and Solana (SOL), have suffered because of it. To combat losses, investors have set their sights on the upcoming protocol —  Flasko.

Solana (SOL) develops bullish sentiments against tether (USDT), as the price of Solana (SOL) seeks to rise with an impending breakout above the current resistance. Bitcoin (BTC) gained significant strength after closing the weekly candle on a high note, with the price remaining above $21,700 for the first time in weeks.

Trending cryptocurrencies often see a jump in price as momentum around these coins grows and demand for them spikes. So, it's no surprise that many crypto investors seek out trending cryptocurrencies to buy and hold.

Solana is showing a strong surge in its NFT ecosystem in recent days. Not to forget, the overall demand for NFTs continues to falter in September despite showing glimpses of recovery.

Solana-based blockchain gaming platform, Walken announces a new roadmap and features that boost the user experience and overall growth of the platform! Walken, a move-to-earn player game, has unveiled its latest roadmap in a bid to continue its trajectory to sustainable growth, building momentum and substantial overall growth, a statement from the team reads.

ApeCoin (APE) and Shiba Inu (SHIB) posted big gains following the recovery in the broader crypto market on Friday last week. Despite this, analysts warned investors that an upcoming sell-off could leave a painful dent in their portfolios.