While volatile movements in Bitcoin and altcoins continue, cryptocurrency analysis company Santiment announced the most popular altcoins in the cryptocurrency world in its latest post. Accordingly, Santiment said that investors showed great interest in altcoins named Binance Coin (BNB), Solana (SOL), Fetch (FET), Tron (TRX), Useless (USELSS) and Nexo (NEXO). The most popular altcoins in the cryptocurrency world according to social volume are listed as follows: Binance Coin (BNB): Discussions focus on BNB's price performance, market manipulation concerns, centralized structure, utility in fee reductions, token burns, and comparisons to other cryptocurrencies like BTC, ETH, and SOL. They also highlight the growing interest and trading volume, memecoin-driven trading phenomena, and BNB's bullish momentum outpacing other tokens in terms of market capitalization and volume. Solana (SOL): Users are discussing Solana's integration with crypto services, price predictions, trading features, bridges to other chains, ETF applications, and staking. They're also reporting updates like Bitwise's Solana ETF application with staking fees, the launch of native stablecoin JupUSD, Coinbase expanding staking access, strong on-chain growth metrics, speculation about ETF approval, and significant institutional interest, highlighting Solana's role as a leading Layer 1 blockchain with growing ecosystem activity. Fetch (FET): FET is trending within the crypto community as it relates to the conversion and transition discussions between OCEAN and FET tokens. Discussions focus on the percentage of OCEAN tokens being converted to FET, liquidity changes, and remaining tokens remaining unconverted. There's also talk of token burns, liquidity, and the impact of these changes on token holders and the ecosystem. According to news reports yesterday, the Ocean Protocol (OCEAN) Foundation announced its withdrawal from the Artificial Superintelligence Alliance (ASI), the group it formed with Fetch.ai and SingularityNET. In a blog post, the foundation announced that it had “withdrawn its designated officers and resigned from membership, effective immediately.” Tron (TRX): SunPerp is consistently trending due to extensive discussions about the TRON blockchain ecosystem, including new DeFi products like DEX. Additionally, projects like TRX, JustLend DAO, and AINFT are highlighted for their staking opportunities, ecosystem growth, and comparisons to other cryptocurrencies in terms of fees, adoption, and market activity. Useless (USELESS): USELESS, a Solana-based memecoin, is trending due to its uptrend, new ATH, strong trading volume exceeding other memecoins, and bullish sentiment among investors. USELESS is notable for surviving challenging market conditions and consolidations, and for its prospects of reaching a billion-dollar market capitalization. NEXO: Nexo, a cryptocurrency financial services platform, has been in the news due to controversy. Users are discussing customer service, upcoming announcements, compliance with the European DAC8 directive, privacy concerns, service availability in various jurisdictions, institutional interest, and comparisons with competitors. *This is not investment advice. Continue Reading: Santiment Shares the Six Most Trending Altcoins Right Now and Why! "BNB is at the Top!"
