Smart Money Tracking + Sentiment Trend Tracking TrendX takes you to explore the Solana chain

TrendX
2024-05-24 18:42:44
Collection
The number of transactions on the Solana chain surpassed 40 million on May 3rd. This public chain, once jokingly referred to as "abandoned by capital," is making a strong comeback in 2024 after a year of silence and capital reshuffling.

The number of transactions on the Solana chain surpassed 40 million on May 3rd. This public chain, once jokingly referred to as "abandoned by capital," has made a strong comeback in 2024 after a year of capital reshuffling. As of May 23, 2024, the TVL of the Solana chain is $4.8 billion, consistently ranking as the 4th largest public chain, with a nearly 500% annual increase in TVL, corresponding to an over 100% annual increase in the price of the SOL token. With the strong return of the SOL token price and the active development of ecological projects, investment opportunities on Solana are continuously increasing, and trading is particularly active. According to CryptoRank data, the number of transactions settled on the Solana chain exceeds the total of Tron, Near, BNB Chain, Sei, Polygon, Injective, Sui, zkSync, and Ethereum, reaching 2.4 billion transactions. This is accompanied by a massive amount of data, and TrendX has further upgraded its smart money tracking and Twitter sentiment tracking to the Solana chain, further integrating and expanding the data scope, which will help users gain insights into the latest on-chain trends and not miss any potential investment opportunities.

How does TrendX's Smart Money feature help users invest intelligently?

The smart money feature on the TrendX platform is a professional tracking module that discovers the commonalities and trading trends of large investors by tracking the latest activities of numerous whales and super smart money addresses. The smart money signal feature of TrendX provides users with valuable reference indicators, including but not limited to token trends, transaction counts, net purchases, etc. Combined with users' understanding of projects, it allows for the selection of investment targets. Additionally, this feature displays real-time buying and selling activities of specific addresses, allowing users to filter and display based on transaction types, whale KOL tags, etc., and further view the win rates and profit statistics of that address over the past week to assess the trustworthiness of this smart money investment.

In the smart signal module, the smart library's pagination also provides users with statistics on the "strongest" smart money addresses. Users can choose to sort by profit amount or win rate over 7 days/30 days, thus obtaining a direct list of "strongest" smart money addresses. Users can further explore the details of the top smart money addresses, including recent gains and losses, holdings, and transaction records, not only gaining information on investment decisions from real successful cases but also understanding market fluctuations, thereby assisting users in formulating investment plans and executing decisions.

After further integrating data from the Solana chain, users can access smart money trading signals from the Solana chain and assist in selecting investment targets by tracking and understanding the real trading situations of whales and smart money addresses to provide insights for their trading decisions.

Sentiment Tracking Feature: Easily Grasp Market Trends

While continuously expanding the smart money feature as an analytical tool, the sentiment tracking module has also integrated on-chain data from Solana. TrendX's sentiment tracking feature primarily refers to its use of AI technology to analyze market sentiment, especially by capturing market trends through tweet sentiment analysis. By leveraging a massive database, it analyzes and tracks Twitter sentiment, visually displaying the current project's popularity through intelligent sorting. The analyzed indicators include: project heat value, community voting numbers, sentiment indicators (negative to positive), Twitter follower counts, related topic discussion counts, KOL and whale follow counts, KOL influence index, and the project's token/NFT status, etc.

In addition to tracking from the project perspective, TrendX also supports single tracking from the token perspective, with analyzed indicators including: token price, market cap, circulating supply, liquidity, 24-hour trading volume, and total holdings of smart money. This series of token indicators combined with smart money signal tracking can provide users with more comprehensive market insights.

Such a multidimensional trend tracking feature is one of the core tools of TrendX, allowing users to quickly and accurately understand where Twitter community sentiment is most concentrated, thus grasping the latest trends and information on projects and tokens, aiding in the adjustment of investment strategies, enabling quicker tracking of Alpha, and allowing for earlier risk avoidance, fully supporting and helping users deeply understand market trends.

Support for Email Login for Greater Convenience and Security

TrendX insists on focusing on meeting user needs and maintaining user experience. To better enhance user experience, increase security, protect privacy, and simplify the registration process, the platform has updated to support email login functionality.

This greatly enhances user convenience: For users accustomed to using email, especially Web2 users, email login provides a more familiar and convenient way to log in. Users can directly register a TrendX account using their email address, simplifying the registration process. Users can log in to TrendX using the same email across different devices and platforms and receive notifications, updates, and event information from the TrendX platform via email, keeping them informed about platform dynamics.

This is also a way to enhance security: First, users can register a TrendX account without using other social platforms or wallet addresses, avoiding direct exposure of sensitive information such as wallet addresses and protecting user privacy. Second, email login typically requires email verification, which increases account security and helps prevent unauthorized access. Finally, for users who forget their passwords or need to recover their accounts, they can reset their passwords via email, ensuring the security of their email operations and facilitating account management and maintenance.

Conclusion

With TrendX integrating information from the Base chain, this further integration of data from the Solana chain is not only an expansion upgrade to meet market demands but also a step forward in completing the stage goals outlined in the Roadmap. TrendX secured $3 million in investment in 2024, possessing a more powerful capital-driven platform for upward development, continuously integrating data from two major hot public chains, showcasing the team's technical level and execution efficiency. It is believed that this further integration of Solana public chain data will better meet the rigid needs of more users, while supporting email login also makes it more convenient for users, providing a more enjoyable operational experience, and allowing users to easily and efficiently navigate the Solana chain and the Web3 world.

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