💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
Jupiter brings a new perspective to the Solana ecosystem
The Solana ecosystem is constantly expanding, creating a challenge for users trying to navigate the multitude of available projects. Jupiter is now addressing this issue by introducing a new ecosystem explorer that integrates data from two key sources – Solscan and DefiLlama – creating a unified tool for discovering projects on the X platform.
Unified Platform for Project Discovery
The main benefit of this new solution is easy access to comprehensive information about projects. Instead of switching between multiple platforms, users can now get a complete overview through a single interface. Jupiter combines financial data, social metrics, and on-chain activity in one place.
What Information the Tool Provides
The explorer offers a wide range of data on individual projects. In the financial overview section, users can view fees, revenue, and total value locked (TVL), which indicates the strength of capital allocation in protocols. Simultaneously, the tool tracks the social presence of projects – including the number of tweets, followers, and update frequency.
It also maps user activity through on-chain data, capturing transactions, growth in user numbers, and details about products and their tokens. This way, a 360-degree view of the health and development of any project within the Solana ecosystem can be obtained.
Practical Benefits for Different User Groups
For investors, this tool simplifies due diligence – all relevant metrics are in one place. For developers and project creators, it provides a way to monitor the market performance of their solutions. For the general Solana community, it makes navigating the ecosystem easier. Jupiter thus strengthens its position as a key infrastructure in the Solana environment.