Midday Mover: BNB, SOL Outperform as Bitcoin Clings to $30K

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Midday Mover: BNB, SOL Outperform as Bitcoin Clings to $30K
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$BNB and $SOL tokens are outperforming $BTC. 0xMantle is mulling a $200 million ecosystem fund, and beefyfinance plans to migrate tokens to Ethereum after the Multichain exploit. By shauryamalwa

Ethereum layer-2 project Mantle Network is voting to create a $200 million ecosystem fund. A recent proposal seeks to allocate $100 million from its treasury and raise an additional $100 million to support the development of the network for the next three years., giving crypto developers and investors yet another heavily funded blockchain to play with in the next bull market.

Bitcoin , meantime, remains steady above $30,000 even as overall market liquidity and trading volumes show poor signs of growth. Glassnode data indicates that the number of wallets holding at least one bitcoin reached an all-time high of 1,008,737 last week,

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