Solana (SOL) continued its growth trajectory in Q3 2024, with a surge in investment activity despite a dip in on-chain usage.
Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.
As we move into the final quarter of 2024, all eyes will be on Solana to see if it can maintain its commanding lead in new token launches.
The SUI price surged 12.7% during the U.S. market trading sessions, currently trading at $2.07. The bullish trajectory can be attributed to TVL's surge above the $1 Billion mark, and Bybit's Launchpool supports SUI as its first native token.
The price of Sui (SUI) has surged over 17% in the past 24 hours, breaking the crucial $2 mark for the first time in six months. This bullish trend is largely attributed to positive news from the crypto exchange Bybit, which announced its support for SUI as a native ecosystem pool token on October 7.
Layer-1 chain Sui is igniting another leg of its rally, brushing up against all-time highs while its network sees more growth. At time of writing, SUI is up 140% in the last 30 days, and 266% from its yearly low hit in August.
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SUI has been caught in a whirlwind of market uncertainty, leading many analysts to question its potential for reaching new all-time highs (ATH). Despite a brief upward trend, signs are emerging that suggest SUI may not be able to maintain this momentum, particularly in light of recent technical indicators that point to a potential downturn.
TL;DR Bybit Launchpool has introduced the SUI token as its first native pool, aiming to expand the token offerings and strengthen community activity. The exchange has replaced the USDT pool with USDC to enhance the user experience, providing greater stability and reliability in transactions.
As the cryptocurrency market enters a new week, several digital currencies are experiencing notable gains, fueled by Bitcoin's robust performance. Bitcoin, the leading asset, is seeing impressive traction alongside emerging meme coins like Hamster Kombat and POPCAT. The overall landscape is vibrant, attracting keen interest from investors and traders alike.
Sui has surged more than 20% in 24 hours to reach its highest price level in six months, amid positive news from crypto exchange Bybit. Bybit announced support for Sui (SUI) as a native ecosystem pool token on Oct.
Sui has become cheaper and faster than Solana, cementing its position as a formidable alternative.
The daily transaction volume on the Sui blockchain has skyrocketed by 115%, indicating increased demand and potential for a breakout above the $2.00 mark.
Some 63% of web3 whitehats now consider hacking to be their primary job, up from 56% in 2023, according to Immunefi.
Bybit Launchpool now supports the SUI pool, its first native token pool. Bybit also replaces the USDT pool with USDC and introduces the NAVI token in the SUI ecosystem.
With Bitcoin price reclaiming the $63k mark, the cryptocurrency market has recorded a strong bullish recovery over the past day. Moreover, the Sui coin price has regained traction and is on the verge of reclaiming the $2 mark.
The Solana price has risen by 3.5% today, climbing to $148 as the cryptocurrency market recovers by 1.5% in the past 24 hours.
After a strong bearish pullback, the Solana price has made a significant recovery over the past few days. Moreover, by adding ~16% to its valuation during the last 30 days, it has outperformed the Ethereum price by ~8.5%. This highlights the increased adoption of SOL prices in the market.
Here's how Ethereum plans to increase its throughput capacity and compete with Solana.
Among the altcoins, $SUI and $APT put on two impressive runs over the last several days that took them both to gains of at least 10% for the week. Can these positive gains be maintained going forward?
Cardano (ADA) co-creator Charles Hoskinson is giving a shoutout to one of Solana's (SOL) biggest competitors. Posting to his 979,000 followers on the social media platform X, Hoskinson says that layer-1 platform Sui (SUI) is earning its spot in the crypto ecosystem. “Reading about Sui. It's good to see George's work come to life.
Bitcoin (BTC) had a reasonably positive weekend, pushing back above $63,000 after dropping to a low of $60,031 on Thursday. The world's largest cryptocurrency is up by almost 3% over the past 24 hours, reaching a high of $63,916 earlier today before sellers pushed the price back below $63,500.
The crypto markets are recovering as the Bitcoin price surges beyond the crucial range. While the bulls are trying hard to sustain the gains, in the meantime, some of the Gaming and RWA tokens have been displaying the possibility of gaining huge attention soon.
Sui (SUI), a Layer-1 blockchain, has recently experienced substantial growth, particularly in daily transaction volume. In tandem with this spike in activity, SUI's price has climbed by 10% in the last 24 hours.
Miracle Cash & More, a leader in decentralized finance (DeFi) innovation, is proud to announce the launch of its new liquidity pool on the Avalanche blockchain. This innovative pool, called Phoenic Leveller, marks the first platform to enable users to leverage their liquidity positions—a breakthrough in the world of DeFi.
SUI token surges 115% in 30 days, driven by memecoin rally and network growth, reaching $1.69 amid increased transaction volume and total value locked.
An interesting dialogue took place in the crypto space today, involving prominent expert Chris Burniske and Solana (SOL) cofounder Anatoly Yakovenko. The subject of the discussion was, of course, meme coins, which have captured the attention of crypto market participants this cycle, and in particular have had a major impact on Solana's recognition and adoption.
Solana outperforms Ethereum with a 6.39% price increase since June, while Ethereum drops 30.13%, reflecting shifting investor preferences and network dynamics in the cryptocurrency market.
Solana (SOL) has experienced a challenging week, with price declines impacting investor sentiment. However, recent technical patterns suggest that the tide might soon turn.
With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.
Charles Hoskinson, the founder of Cardano (ADA), addressed the crypto community from London amid a European tour that included Italy and Switzerland on Sunday. In a video update, Hoskinson dispelled rumors about his commitment to ADA while offering insights into other blockchain projects, notably Sui.
Solana price has recovered, with the entire crypto market gaining 4.5% in the last 24 hours and briefly surpassing $150 before retracing to its current price of $149. Further, the SOL price has broken out against Ethereum, which is usually a precursor for outperformance moving forward.
When Solana plummets, savvy investors accumulate. The Sharpe Ratio almost makes us clairvoyants!
Chimpzee is preparing for its Solana expansion. It is a meme coin initiative that allows you to generate passive income while also contributing to animal and environmental protection.
Crypto analyst Alan Santana stirred the pot with his forecast regarding Solana (SOL), suggesting that the asset could be on the verge of a 20% decline, potentially bringing its price down to $121. This marks a level not seen since early August, raising questions among investors and enthusiasts alike.
Solana co-founder Anatoly Yakovenko has pointed out that memecoins have repeatedly drained the momentum out of every crypto cycle that came before them. According to him, they dominate the market, leaving other projects struggling for attention.
A bullish pattern appeared on Solana's chart, hinting at a massive bull rally ahead.
SUI price has been experiencing an upward trend recently, making it a potential contender for reaching a new all-time high (ATH). However, shifting investor sentiment suggests that the altcoin may struggle to achieve this milestone.
Solana (SOL) has recently garnered attention as it rebounds from recent price lows, igniting interest among traders and investors alike. Currently trading around $140.02—up 2.60% in the last 24 hours—SOL is poised for potential action.
Mikol was hospitalized with third-degree burns after setting himself on fire for his meme coin. Now, five months later, he's done.
The global crypto market cap ended last week with a 7% drop, losing $160 billion as it closed at $2.15 trillion.
Giko Cat, Sudeng and inSure DeFi emerged as the top gainers in the last 24 hours with a double-digit surge.
If AVAX fails to hold support at $25, the bearish sentiment could strengthen, pushing prices lower.
Solana's (SOL) price recently dropped to $143, raising concerns about its recovery amid the current market conditions.
The Solana price is currently $143.48, with a 24-hour trading volume of $928.94 million. Although it has dipped by over 0.50% in the past 24 hours, it remains the 5th largest cryptocurrency, boasting a market cap of $67.23 billion.
Its lightning speed and minimal fees. Today, a victim of its own success, it must meet the challenge of massive adoption.
Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve's interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market.