November is poised to be an active and engaging month for altcoins, presenting investors with good opportunities for trading. The market has been highly reactive to conferences and events recently, with coming ones likely to offer similarly positive catalysts. Solana, Arbitrum, Ripple and Axie Infinity are among the ecosystems with events this month.
-week chart, GMT/USDT 1-week chart, AXS/USDT 1-week chart, MANA/USDT 1-week chart Meanwhile, the Arbitrum network has been busy, with the ARB eco incentives due for launch next week. The Arbitrum staking proposal was also passed on November 7, with the EIP still oncoming as a fundamental narrative. Notably, traders have already started booking profits on their ARB positions, while broader fundamental metrics continue to recover.