The encryption asset market has recently shown a diversified development trend, with several major projects attracting widespread attention from investors.

ChainLink (LINK) has been in a consolidation phase for nearly two years and is currently at a critical moment for a potential breakout. The project has been hovering in the range of $24 to $28 for 639 days, forming a clear ascending channel. Notably, ChainLink's on-chain activity has recently seen significant growth, with the number of daily active wallets surpassing 9,800 and nearly 9,600 new wallets created, setting a new high for this year. In addition, ChainLink has expanded its network service coverage, now supporting real-time data streams for multiple stocks, including Apple (AAPL) and Nvidia (NVDA). From a technical analysis perspective, if LINK can stabilize above the $30 mark and trading volume can increase accordingly, it may reach $32 in the short term, with a long-term target potentially hitting $52.

At the same time, Cardano (ADA) has also welcomed significant developments. It has been observed that large holders (commonly known as "whales") increased their holdings by approximately 100 million ADA tokens within 24 hours. The total holdings of accounts holding between 1 million and 100 million ADA have reached an astonishing 18.65 billion ADA. The current trading price of ADA is around $0.86, and the market maintains an optimistic outlook on its future trends.

In addition, Shiba Inu Coin (SHIB) maintains its market position due to a large amount of trading activity, while emerging utility tokens like Remittix are also starting to attract the attention of significant capital.

The trends in the cryptocurrency market reflect changes in investor sentiment and developments in project fundamentals. However, given the high volatility of the encryption market, investors still need to exercise caution and fully assess risks when making decisions.