Whale Accumulates About $187,000,000 Worth of Bitcoin and Altcoins From Binance in Just Three Days: Lookonchain

December 2, 2023 The Daily Hodl

IOST, SKALE Network and CELR gain 30% as traders call for an altseason

March 31, 2022 Coin Telegraph

CELR, IOST and SKALE secured double-digit gains thanks to a handful of protocol upgrades and announcements related to cross-chain ability.

Volatility is back in full force in the cryptocurrency market and the price of Bitcoin (BTC) has undergone several $1,000 swings over the past few days and select altcoins have seen their prices surge to new highs after major announcements.

The big winners on March 31 include protocols that focus on interoperability between the major blockchain networks as well as projects that are looking to release major updates in the near future.

*Top 7 coins with the highest 24-hour price change. Source:* *Cointelegraph Markets Pro*

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were SKALE Network (SKL), IOST and Celer Network (CELR).

SKALE Network prepares to launch v2.0

The SKALE Network is an Ethereum (ETH) native multichain scaling network focused on helping to run Solidity smart contracts at a greater speed for a fraction of the cost compared to operating on the Ethereum mainnet.

Data from Cointelegraph Markets Pro and TradingView shows that the price of SKL blasted 141% from a low of $0.1374 on March 25 to an intraday high of $0.3322 on March 31 amidst a 100% spike in its 24-hour trading volume.

*SKL/USDT 1-day chart. Source: TradingView*

The sudden surge in interest for SKL comes ahead of the launch of SKALE v2.0 and an increase in project exposure at a recent NFTLA networking event hosted by Blockdaemon.

IOST announces EVM-compatibility

IOST is a decentralized blockchain network that implements a “proof-of-believability” consensus protocol to achieve higher processing speeds than competing networks.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for IOST on March 26, prior to the recent price rise.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

*VORTECS™ Score (green) vs. IOST price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for IOST began to pick up on March 26, around two hours before the price began to increase 112% over the next five days.

The increase in demand for IOST came after the protocol revealed Project Entroverse, which will bring Ethereum Virtual Machine (EVM) compatibility to the IOST network and allow assets and applications to migrate between the two networks with ease.

Celer Network shifts to the BNB Smart Chain

The Celer Network is a layer-two scaling solution that employs off-chain transaction handling as a way to help increase processing speeds and decrease transaction costs.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for CELR on March 29, prior to the recent price rise.

*VORTECS™ Score (green) vs. CELR price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for CELR climbed into the green on March 29 and hit a high of 82 around nine hours before the price increased by 41.48% over the next day.

The move higher for CELR follows the revelation that the network was chosen to become the official interoperability layer of the BSC Application Sidechain (BAS) on the BNB Smart Chain (BSC).

The overall cryptocurrency market cap now stands at $2.097 trillion and Bitcoin’s dominance rate is 41.7%.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

IOST Partners With Unic’s Institute for the Future to Empower Women in Blockchain

December 14, 2021 Bitcoin.com

IOST’s Highly-Anticipated Sumo-Themed DeFi Token $ZUNA Set to Launch December 10th

December 9, 2021 Bitcoin.com

WAX, Gnosis and IOST pack on gains after Bitcoin price hits $50K

August 23, 2021 Coin Telegraph

WAX, Gnosis and IOST pack on gains after Bitcoin price hits K

Binance

GNO, WAX and IOST lead altcoins higher as Bitcoin’s rally to $50,000 signals that the bull market is back on track.

The bull market narrative has returned now that Bitcoin (BTC) price managed to briefly climb above $50,500 on August 23.

A handful of altcoins have also seen their prices charge higher as the momentum in the market continues to build. For many tokens, the price has been buoyed by new exchange listings and cross-protocol collaborations that have brought a new level of activity and attention to their ecosystems.

Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were WAX (WAXP), Gnosis (GNO) and IOST (IOST).

WAX benefits listing on Binance

The top performer on the 24-hour chart is WAX, a delegated proof-of-stake (DPoS) blockchain protocol that claims to offer the “world's most proven and eco-friendly blockchain for NFTs, video games and collectibles.”

Data from Cointelegraph Markets Pro and TradingView shows that after hitting a low of $0.161 on Aug. 19, the price of WAXP surged 242% to an intraday high at $0.55 on Aug. 23 as its 24-hour trading volume rose 21,756% to $2.24 billion.

*WAXP/USDT 4-hour chart. Source:* *TradingView*

According to the NewsQuakes™ alert system from Cointelegraph Markets Pro, the sudden spike in price came after Binance announced that it would list WAXP.

Gnosis surges after a partnership announcement

Gnosis, an Ethereum-based decentralized prediction market pushed higher after revealing that the team had joined the ZK Open Legal Working Group to create “legal clarity around the use of ZKPs to unleash their full potential for privacy and scaling applications.”

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for GNO on Aug. 19, prior to the recent price rise.

The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.

*VORTECS™ Score (green) vs. GNO price. Source:* *Cointelegraph Markets Pro*

As seen in the chart above, the VORTECS™ Score for GNO has been elevated for some time and reached a high of 78 on Aug. 19, around 6 hours before its price increased by 26% over the next four days.

IOST's staking competition attracts investors

IOST is a decentralized blockchain network that utilizes a novel consensus protocol called “proof-of-believability” to validate transactions at a higher speed than competing networks.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for IOST on Aug. 22, prior to the recent price rise.

As seen in the chart above, the VORTECS™ Score for IOST began to register green on Aug. 21 and climbed to a high of 72 on Aug. 22, around 8 hours before its price increased by 29%.

Activity for the blockchain has been on the rise thanks to an ongoing staking competition done in conjunction with Moonstake which offers a top prize of 15,500 IOST tokens.

The overall cryptocurrency market cap now stands at $2.139 trillion and Bitcoin’s dominance rate is 43.5%.

Rising DeFi TVL and Binance staking back 88% rally in IOST price

April 15, 2021 Coin Telegraph

Airdrop

IOST rallied to a multi-year high after Binance announced a new staking program and the project airdropped tokens to Citadel One mobile wallet users.

While the past year has been marked by the rise of decentralized finance, centralized entities like Coinbase and Binance continue to be some of the most important players in the industry as a whole as they are essential in attracting attention to promising projects and pave the way for wider adoption.

One protocol that has benefitted from the ‘Binance bump’ over the past week is IOST, a fully-fledged decentralized blockchain ecosystem that utilizes a unique proof-of-believability consensus protocol.

Data from Cointelegraph Markets and TradingView shows that the price of IOST has rallied 88% over the past week, going from a low of $0.0484 on April 7 to a multi-year high of $0.0912 on April 14 on a record $2.48 billion in 24-hour trading volume.

*IOST/USDT 4-hour chart. Source:* *TradingView*

A scroll through the IOST Twitter feed shows that the recent momentum for the token was initiated by the April 12 announcement of an airdrop to users of the Citadel One mobile cryptocurrency wallet as a way to incentivize staking.

The airdrop announcement helped sparked a small rally in the price of IOST, but it was the subsequent announcement from Binance about a new "Spring Staking" event that offered a 27.49% APY on staked IOST that kicked off the double-digit price growth.

#Binance Staking Launches the 2nd “Spring Staking” Promo with Up to 47.79% APY

$TRX @Tronfoundation
$MATIC @0xPolygon
$IOST @IOST_Official
$XTZ @tezos
$NEAR @NEARProtocol
$1INCH @1inchNetwork

➡️ https://t.co/oRGKDZqVyo pic.twitter.com/Zla0gY1LUt
— Binance (@binance) April 13, 2021

Following the announcement, trading volume for IOST increased 480% on the 24-hour chart and surged to a record-high $2.5 billion with $890 million in volume being transacted on Binance exchange.

VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for IOST on April 13, prior to the recent price rise.

As seen in the cart above, the VORTECS™ Score for IOST first entered the green zone earlier in the week on April 8 and then again on April 12 when it climbed to a high of 71 roughly twelve hours before the price increased by 62%.

With a growing community and attractive staking options on both centralized exchanges like Binance and on decentralized finance platforms like Donnie Finance, IOST has the potential to see further upside as the cryptocurrency ecosystem continues to expand.

IOST