Smart Money Tracking + Emotion Trend Tracking TrendX Takes You to Play Solana Chain

05/24/2024·7months ago

The number of transactions on the Solana chain exceeded 40 million on May 3, a public chain that was once jokingly referred to as "abandoned by capital," has been advancing vigorously in 2024, after a year of quiet reshuffling of capital. As of May 23, 2024, Solana chain's TVL is 4.8 billion, stably ranking as the 4th public chain, with a nearly 500% annual increase in TVL, and the corresponding SOL token price has risen by over 100% annually. With the strong return of SOL token price and the active development of ecological projects, investment opportunities on Solana are increasing. According to CryptoRank data, the number of settled transactions on the Solana chain exceeds the total of Tron, Near, BNB Chain, Sei, Polygon, Injective, Sui, zkSync, and Ethereum, reaching 2.4 billion transactions. With this comes a massive amount of data, and TrendX further upgrades by laying out smart money tracking and Twitter sentiment tracking on the Solana chain, further integrating and expanding the data range, which will help users gain a more comprehensive insight into the latest trends on the chain and not miss any potential investment opportunities.

How Does TrendX's Smart Money Feature Help Users Make Smart Investments?

TrendX's smart money feature is a professional tracking module that discovers the latest dynamics of a large number of whale and super smart money addresses, uncovering the commonalities and trading trends of these large investors. 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 the user's understanding of the project, investment targets can be selected. In addition, this feature also displays real-time buying and selling activities of specific addresses. Users can filter and view based on buying and selling types, whale KOL tags, etc., further view the win rate and profit statistics of the address in the past week, to evaluate the trustworthiness of investing in this smart money.

In the smart signal module, the smart library's pagination also provides users with statistics of the "strongest" smart money addresses. Users can choose to sort by 7-day/30-day profit amount or win rate, and directly obtain a list of "strongest" smart money addresses. Users can further understand the details of the top smart money addresses, including recent profits and losses, holdings, and trading records, not only obtaining investment decision information from real successful cases, but also understanding market fluctuations, thereby assisting in formulating investment plans and implementing decisions.

After further integrating Solana chain data, users can obtain smart money trading signals from the Solana chain and assist in selecting investment targets, providing insights into the real trading situations of whales and smart money addresses for their trading decisions.

Emotion Tracking: Easily Grasp Market Trends

While continuously expanding the smart money feature, the emotion tracking module has also integrated Solana's on-chain data. TrendX's emotion tracking feature mainly uses AI technology to analyze market sentiment, especially capturing market trends through sentiment analysis of tweets. By leveraging the advantages of a massive database, it analyzes and tracks Twitter sentiment, intuitively displaying the current project's popularity through intelligent sorting. The analyzed indicators include: project heat value, community voting count, sentiment index (negative~positive), Twitter follower count, number of discussions on related topics, KOL and whale follow count, KOL influence index, as well as the project's token/NFT situation.

In addition to tracking from the project perspective, TrendX also supports single-item tracking from the token perspective, analyzing indicators such as token price, market value, circulating supply, liquidity, 24-hour trading volume, and total smart money holdings. The combination of these token indicators with smart money signal tracking can provide users with a more comprehensive market insight.

This multi-dimensional trend tracking feature is one of TrendX's core tools, allowing users to quickly and accurately understand the most concentrated areas of sentiment in the Twitter community, thereby grasping the latest market trends and information, helping adjust investment strategies, track Alpha faster, and avoid risks earlier, fully supporting and helping users to deeply understand market trends.

Support for Email Login for More Convenience and Security

TrendX adheres to the core of catering to user needs and maintaining user experience. In order to improve user experience, enhance 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 login method. Users can directly register a TrendX account using their email address, simplifying the registration process. Users can use the same email to log in to TrendX on different devices and platforms, and receive notifications, updates, and activity information from TrendX via email, keeping them informed about platform dynamics.

This is also a way to enhance security for logging in : Firstly, users do not need to register a TrendX account through other social platforms or wallet addresses, avoiding direct exposure of sensitive information such as wallet addresses, protecting user privacy. Secondly, email login usually requires email verification, which enhances account security and helps prevent unauthorized access. Finally, for users who forget their password or need to recover their account, they can reset their password via email, ensuring the security of their email operations and facilitating account management and maintenance.

Conclusion

With TrendX integrating Base chain information and further integrating Solana chain data, this is not only an expansion and upgrade of the platform to meet market demands, but also a step-by-step completion of the stage goals according to the Roadmap. TrendX received a $3 million investment in 2024, and with more powerful capital, the platform is continuously developing upwards. By integrating data from two popular public chains, the team's technical level and execution efficiency are evident. It is believed that after further integrating Solana public chain data, it will more fully meet the rigid needs of more users, and supporting email login will also make it more convenient for users to use, bringing users a more enjoyable operational experience, and easily and efficiently playing in the Solana chain and the Web3 world.

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