The Solana memecoins market is gradually losing its luster as investors focus on utility-driven assets. While the decline of memecoins may seem natural, the recent surge in interest within the AI altcoins sector has accelerated this shift, drawing capital away from various corners of the cryptosphere.
Shiba Inu's Layer 2 solution, Shibarium, has just crossed a huge milestone—over 700 million transactions. This marks a pivotal moment for the network, which is quickly becoming a key player in the Shiba Inu ecosystem.
In recent developments, Stellar (XLM) has surpassed Shiba Inu (SHIB) in the cryptocurrency market rankings. Stellar is ranked 15th among the top cryptocurrencies by market capitalization, with a market value of $13.15 billion, while Shiba Inu has dropped to 16th, with a current market valuation of $12.69 billion.
Solana (CRYPTO: SOL) has dropped below the $200 mark, down 6% on the day as the wider cryptocurrency market continues its slide. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Solana (CRYPTO: SOL) $196.99 $95.3 billion -6.2% +3.9% Bitcoin (CRYPTO: BTC) $95,256.56 $1.88 trillion -5.3% +1.8% Ethereum (CRYPTO: ETH) $3,353.91 $404.2 billion -7.7% +0.8% Trader Notes: Prominent venture capitalist Andrew Kang stated in a post on X on Wednesday that Solana has retraced most of its gains following the post-Trump election rally, creating what he considers a buying opportunity.
Fidelity Digital Assets, a subsidiary of global financial services firm Fidelity Investments, has released a new paper titled “2025 Look Ahead: Is it ‘too late' to enter digital assets?” The publication dedicates significant attention to the ongoing competition between Ethereum and Solana.
Solana (SOL) has been making waves in the cryptocurrency world, drawing attention for its rapid resurgence after a month-long downtrend. With its price climbing back into double digits, Solana has shown signs of life and is poised for a potential breakout.
Shiba Inu lead developer Shytoshi Kusama has recently commented on the utility of SHIB, BONE, LEASH, and the soon-to-launch TREAT token. This has gained notable traction from the investors, as the market participants eagerly await the launch of the TREAT token, expected on January 14.
Shiba Inu coin price has crashed by over 35% from its December high and faces further downside risks as the burn rate and Shibarium fees continue to decline. Shiba Inu (SHIB) retreated to $0.
As 2025 approaches, the crypto market looks set to flip the recent downturn into a notable rally. Several altcoins stand out for their potential ability to break out and possibly outperform top coins like Solana. Here, we look at four coins of such coins.
Dominating the crypto narrative, crypto bears are pushing down on meme coins. However, Shiba Inu, clinging to a crucial support, hints at a bounce back. Will this result in a quick V-shaped reversal?
In the last 24 hours, Shiba Inu's burn rate has surged by an astonishing 4,100%, with a total of 21,709,094 SHIB tokens permanently removed from circulation.
Leading meme coin Shiba Inu has noted a 10% price fall in the past 24 hours. This drop follows a surge in profit-taking by traders, who cashed out a staggering $426 million on Tuesday, its biggest single-day selloff since 2022.
With the market currently in some turmoil, the best buys are probably there to be made. What are the best buying levels for Ethereum (ETH), Solana (SOL), and Sui (SUI) for the rest of this bull market in 2025?
Solana price has dropped 10% after a market-wide cryptocurrency crash, falling below the critical $200 support level. This decline triggered significant liquidations across the Solana ecosystem.
Solana tumbles 8% to $197, yet trading volume spikes 94% and network activity remains strong.
Support for the meme coin segment is now stronger than before with a mysterious crypto whale wallet proceeding to purchase the likes of WIF, POPCAT, and other meme coins in large numbers. Solana meme coins are gaining traction across the crypto sphere even though the price change in the last 24 hours remained bearish.
Solana's recent price action has shown signs of weakness, with the altcoin slipping below $200 amid bearish broader market cues.
Toronto-based Sol Strategies has secured a CAD $25 million credit facility to expand its Solana blockchain operations through token purchases, staking, and strategic acquisitions, building on its existing position as a major validator with 1.5 million SOL tokens under management.
A crypto VC partner believes that SOL is relatively cheap ahead of potential ETF approval.
The cross-border market has witnessed a strong bearish action with major cryptocurrencies recording a double-digit drop. Moreover, the memecoin category is the most affected with an 11.48% drop in the segment's valuation. Following this, Dogecoin and Shiba Inu have both secured a spot in the top losers list.
Sol Strategies, a Canadian holding company, said it has secured CAD $25 million ( approximately $17 million) to invest in the Solana blockchain.
Solana's price has retreated below $200, establishing new support and resistance levels while technical indicators suggest bears maintain short-term control of the market momentum.
Solana has shown a strong bullish momentum lately. In the last three months, it has outperformed certain top cryptos like BNB, as it has climbed by over 41.7%. In the last seven days alone, it has grown by at least 4.38%.
Shiba Inu (SHIB) price fell sharply on Wednesday, dropping over 10% in the past 24 hours. The decline broke crucial support levels following a market-wide correction that erased gains from the recent bullish trend.
Sol Strategies is betting big on Solana amid growing demand to back one of the fastest growing protocols in Web3.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
Sonic, the pioneering chain extension on Solana, has officially revealed the dates for its Token Generation Event (TGE) and mainnet launch. The much-anticipated $SONIC token will go live alongside listings on major exchanges and decentralized platforms, marking a significant milestone in the project's development.
A change in market sentiment is indicated by Shiba Inu's recent decline below a crucial support level. SHIB is currently trading below the 100 EMA and getting closer to the crucial 200 EMA, per the charts.
The cryptocurrency market has experienced a strong bearish pullback in the past 24 hours. This has resulted in top tokens breaking down their important support levels. Moreover, the SOL price has recorded a similar price action by dropping below its $200 watch level.
Pump.fun moves another $20.49 million worth of SOL tokens to the crypto exchange Kraken.
Solana new blockchain phone, Seeker Mobile will be in shops in mid-2025. This phone extends on the success of its forerunner Saga to provide enhanced Web3 capabilities such as the Seed Vault Wallet developed with Solflare to secure crypto and upgrade the dApp Store.
Finding the next great prospect is an ongoing hunt as the cryptocurrency market enthrals investors. Rexas Finance (RXS) has become a convincing substitute for those let down by Shiba Inu price drop.
Solana failed to clear the $225 resistance and trimmed gains. SOL price is now below $200 and showing a few bearish signs.
Sol Strategies secures a CAD 25M credit facility to invest in Solana, focusing on staking operations and acquisitions.
Toronto-based Sol Strategies Inc. has announced a CAD $25 million investment in the Solana ecosystem to bolster its position as a leading player in blockchain staking operations and acquisitions. Sol Strategies Strategic Investment In Solana Sol Strategies, a Canadian publicly traded company, has promised CAD $25 million to the Solana ecosystem through an unsecured revolving
Solana (SOL) has been on a strong upward trajectory recently, with the cryptocurrency's price rallying more than 12% in the past week. As of today, the price of SOL stands at around $216, following a slight dip after its impressive gains.
The trading volume of Ethereum, the second-largest cryptocurrency by market capitalization, has significantly increased recently. This significant rise is a sign of increased market activity since it implies that traders and investors are participating more actively.
Massive Japanese financial and biotech conglomerate SBI Group has signed an agreement with Solana Superteam Japan, a community promoting the growth of the trending blockchain in the country, to give out an exclusive NFT (non-fungible token) to SBI Web3 Wallet customers. Solana-based NFTs are currently dipping as of 7:00 a.m.
Mad Lads NFTs continued their recent price surge Tuesday after their creator acquired the remains of the collapsed FTX Europe.
Shiba Inu (SHIB -9.94%) is seeing big sell-offs in Tuesday's trading. The cryptocurrency's token price was down 8.2% over the last 24 hours -- a period that also saw Bitcoin's price fall 5% and Ethereum's price fall 7.4%.
Sol Strategies, a Canadian holding company focused on the Solana blockchain, has drawn $4 million from its amended CAD $25 million unsecured revolving credit facility. The funds will be used for large-scale Solana token acquisitions, supporting DeFi protocols, validator operations, and new projects within the Solana ecosystem. The post Sol Strategies Secures CAD $25M Credit Facility for Solana Investments appeared first on Cryptonews.
Solana's strong rally is losing momentum as prices face a pullback, suggesting a potential correction toward the $209.9 support level. After a period of bullish gains, market dynamics and profit-taking impact its upward movement.
The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.
The firm, previously known as Cypherpunk Holdings, pivoted midway through 2024 to focus on the Solana ecosystem.
Nexo's latest Dispatch report discussed Bitcoin crossing $100,000, Ethereum gaining traction, and Solana facing potential headwinds as 2025 begins with surging market activity. Bitcoin broke through the $100,000 mark this week, a milestone highlighted in Nexo's latest “Dispatch” report.
Shiba Inu (SHIB) has recently drawn attention as large-scale transactions involving the token were spotted on-chain. According to Whale Alert, a blockchain analytics platform, more than 1.6 trillion SHIB tokens, worth about $39 million, were transferred from Crypto.com to anonymous wallets.
Sol Strategies, a Canadian holding company investing in Solana and its ecosystem, has announced it secured CAD $25 million in credit to buy more SOL tokens. On Jan. 7, Sol Strategies, formerly Cypherpunk Holdings Inc.