A combination of rising transaction fees and a buoyant bitcoin price has given miners some relief.
Over 1 million bitcoin has been sold since September by long-term holders.
Bullish options pricing and renewed ETF inflows have analysts calling new highs for the largest cryptocurrency.
JUP has fallen 2% over the past 24 hours.
Mining fundamentals are strong with the cost to mine around $27,000 per bitcoin for larger participants, the report said.
Conner is joining AI-focused networks Fresya.AI.
Of the 4.5 million daily active users on Solana, 1.5 million were unique tippers, showcasing interest in token sniping on platforms like Meteora and Orca.
Token prices zoomed 25% in the past 24 hours, beating gains in bitcoin and other majors to reverse losses from earlier in the week.
Monero has topped $200, confirming a bullish shift in market trend.
Total trading volume surged 95%, with options accounting for a giant share of the total platform activity.