Ethereum News Daily Official TheBitTimes.com

A closely followed crypto analyst says that one competitor of Solana (SOL) could skyrocket by 30% while updating his outlook on Bitcoin (BTC) and other digital assets. In a new strategy session, crypto trader Ali Martinez tells his 69,600 followers on the social media platform X that one key metric is flashing a buy signal for SUI, the native crypto asset of layer-1 blockchain and smart contract platform Sui Network. “The TD Sequential presented a buy signal on the SUI weekly chart. A sustained close above the 50-week moving average could trigger a 30% upswing to $1.20!” Source: Ali Martinez/X The Tom DeMark (TD) Sequential Indicator is a metric used by traders to predict points of reversal for the price of an asset. SUI is trading for $0.843 at time of writing, a fractional increase during the last 24 hours. Moving on to decentralized finance (DeFi) protocol Aave (AAVE), Martinez says the altcoin could face a 27% correction as it tends to dip after...

Aave Labs has published a new governance proposal for integrating the GHO stablecoin across multiple blockchain networks. In a forum post on Jan. 17, Aave Labs, a firm behind the Aave protocol, revealed a new governance proposal to integrate the GHO stablecoin across multiple blockchains. The initiative, as outlined by Aave Labs, is geared towards “enhancing GHO liquidity, accessibility, and interoperability while maintaining security and stability.” Example of CCIP implementation | Source: Aave You might also like: Aave’s stablecoin GHO hits minting limit Aave Labs particularly proposes utilizing Chainlink‘s Cross-Chain Interoperability Protocol (CCIP), a solution for both communication and interaction between different blockchain networks, noting that GHO is currently limited for wide use as it is primarily accessible only via minting on the Ethereum mainnet, representing a “significant constraint in its potential reach and utility across defi...