LTC and the Future of Cloud Mining: How Sol Mining is Revolutionizing Passive Income for Crypto Holders

In a significant development for cryptocurrency enthusiasts, Sol Mining has introduced a groundbreaking service that allows XRP holders to mine Dogecoin (DOGE) effortlessly. This cloud-based platform eliminates the need for physical mining rigs, offering a seamless and eco-friendly solution powered by renewable energy sources across Northern Europe, Canada, Asia, and North America. With potential daily earnings of up to $9,700, depending on contract scale and hashrate, Sol Mining is poised to become a game-changer in the passive income space. The platform supports deposits and withdrawals in multiple cryptocurrencies, including DOGE, BTC, and ETH, making it a versatile option for investors. As the crypto landscape continues to evolve, innovations like Sol Mining highlight the growing intersection of sustainability and profitability in digital asset mining. This development could also have positive implications for Litecoin (LTC), as the broader adoption of cloud mining technologies may drive increased interest and utility in similar cryptocurrencies.

Sol Mining Enables XRP Holders to Mine Dogecoin for Passive Income

Sol Mining is offering XRP holders a streamlined path to Dogecoin mining, with potential earnings reaching $9,700 daily based on contract scale and hashrate. The cloud-based platform eliminates the need for physical mining rigs, leveraging renewable energy sources across Northern Europe, Canada, Asia, and North America.

The service supports deposits and withdrawals in multiple cryptocurrencies, including DOGE, BTC, ETH, SOL, XRP, and stablecoins. A referral program provides additional incentives, with rewards up to 3% and bonuses capped at $30,000. UK-registered SOL Mining emphasizes compliance and transparency, providing real-time profit tracking through a dedicated dashboard.

Chainlink Leads CoinDesk 20 Higher as Crypto Markets Show Broad Gains

The CoinDesk 20 Index ROSE 0.6% to 4,138.64, with Chainlink's LINK token surging 3.3% to pace the advance. Sixteen of the index's twenty components traded higher, demonstrating renewed bullish momentum across digital assets.

Ether followed closely behind with a 2.1% gain, while Litecoin and Uniswap's UNI token lagged the broader market. The index's performance reflects growing institutional participation, with the benchmark now traded globally across multiple platforms.

Altcoins Rally on Speculation of Aggressive Fed Rate Cut

Ether surged past $4,600 for the first time since November 2021, leading a broad crypto rally after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis-point rate cut. The benchmark cryptocurrency gained nearly 9% in 24 hours as risk assets climbed across markets.

Cardano, Solana and Litecoin each advanced about 8%, while XRP posted a more modest 3.5% gain. Bitcoin remained an outlier, trading flat near $120,000 despite the bullish momentum across digital assets and traditional equities.

The remarks from Bessent—who is overseeing the search for Jerome Powell's potential replacement—added fuel to a market already pricing in 25 basis points of easing. "The real thing now is whether we get 50 basis points in September," he told Fox News, criticizing what he called the Fed's "foundational issues" with economic data.