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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!🎯 LOT Newcomer Limited-Time Airdrop is Live!
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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- 🚀 Gate Square Creator Spark Program is Live!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
Get Token Mystery Boxes based on your Alpha Points - No points will be deducted.
📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
Multi-chain trading now supported — buy on-chain assets directly with USDT!
🔗 Full details: https://www.gate.com/announcements/article/45683
Lightning Labs built Taproot Assets v0.6, focusing on multi-assets with stablecoin as the core
Gate News bot messages, according to Bitcoin com, Lightning Labs announced the release of Taproot Assets v0.6.
This update allows assets to be minted (such as stablecoins), which can be instantly sent via the Lightning Network at low cost, enhancing the functionality and security of the network. It is worth noting that Tether is combining USDT with on-chain transactions and Lightning Network support to enable users to conduct cost-effective cross-border payments.
The new version introduces the group_key identifier for interchangeable assets, simplifying transactions and enhancing the user experience. In addition, enhancements to the request for quote (RFQ) protocol facilitate seamless asset conversion, allowing users to efficiently send and receive different currencies. With these updates, Lightning Labs aims to develop the Lightning Network into a decentralized foreign exchange trading platform, further promoting the popularity of Taproot Assets.
Current Market Situation
Significant Pullback: SOL has recently broken through key support, down more than 40% from the yearly high, currently priced around $140.
Institutional Confidence: Institutions like Franklin Templeton remain optimistic about SOL, predicting a target price of $250–$520 by 2025.
Buy the Dip Signals
✅ Technical Analysis:
Key Support: $120 (if broken, may dip to $100).
MACD Divergence: If the price makes a new low but MACD does not, a Rebound may occur.
✅ On-chain Data:
Staking Volume Recovery: An increase in SOL staking volume may indicate long-term holders getting on board.
Ecosystem Fund Inflows: If Solana NFT/Decentralized Finance activity rebounds, it may drive the SOL pump.