The top crypto prices today recovered as the Bitcoin (BTC) price inched closer to the $67,000 mark. In addition, the Ethereum (ETH) price surged past the $3,100 level.
A cryptocurrency trader has sold their $GME, a memecoin that saw its price explode on the Solana blockchain after a meme stock frenzy surrounding GameStop resurfaced earlier this month, for a loss of over $122,000 after capitulating.
Solana has emerged as a standout performer, capturing the attention of investors and enthusiasts alike with its remarkable growth trajectory. As SOL continues its upward surge, surpassing resistance barriers and making significant strides in the NFT realm, the question on everyone's minds is: can Solana reach the coveted $250 milestone?
The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual Machine (EVM) protocols.
Crypto top gainers: PEPE, Arweave, and BONK are some of the low-cap altcoins that led the charge as bullish momentum returned to the crypto markets this week.
Figment has collaborated its protocol staking solutions with Maple Finance, which claims to set itself apart as an innovator in the digital asset lending space with its diversified lending solutions.
Popular cryptocurrency analyst and trader Michaël van de Poppe has liquidated his Bitcoin holdings. Van de Poppe, a prominent figure at the Amsterdam Stock Exchange known for his sharp market insights, announced this strategic move to his 718,100 followers on social media platform X on May 16.
Decline in interest in NFTs has led to a drop in sales volume and general market capitalization over the last 30 days.
The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
Bitcoin price aims to break its range resistance and hit a new all-time high. Will altcoins follow?
Solana proved to be the fastest among major blockchains, according to a report by CoinGecko.
In a post on X (formerly Twitter) Solana (SOL) Labs, cofounder Anatoly Yakovenko, known by username “toly,” highlighted a fundamental aspect of the Solana blockchain. Contrary to the common belief that Solana was built primarily for maximum throughput, Yakovenko emphasized that its core purpose is to synchronize states globally as swiftly as the laws of
Despite a security breach at Pump.fun, Solana's meme coins saw a robust surge, with DogeBoy leading at a 210% increase. The post Solana meme coins surge up to 210% despite Pump.fun incident appeared first on Crypto Briefing.
Solana (SOL). With its lightning-fast transaction speeds and robust ecosystem, Solana has emerged as a power house in the world of non-fungible tokens (NFTs).
The CoinDesk 20 Index is higher by more than 4% over the past 24 hours as crypto's big rally this week continues.
Solana proves to be 46 times faster than Ethereum and 5 times faster than Polygon.
Both GameStop shares and the unofficial GME meme coin on Solana have seen similar plunges from their high prices this week.
Popular Solana (CRYPTO: SOL) based meme coin platform Pump.Fun faced a scare on Thursday after a former employee exploited a vulnerability to manipulate the platform's system. What Happened: The incident, which saw the perpetrator siphon off roughly $1.9 million worth of SOL tokens, sent shockwaves through the platform's user base.
In a recent tweet, Solana labs cofounder Anatoly Yakovenko revisited the original vision behind the Solana blockchain, revealing a perspective that diverges from the common throughput-centric narrative.
Read our Solana price prediction for 2024, 2025, and 2030 here along with other useful market information.
Solana flipped Bitcoin in terms of revenue in the last 24 hours, and SOL might maintain this lead
In an interesting move, Ethereum's price gained some strength and rose above $3000 after struggling to reach these levels. This move has also been recorded in another popular altcoin, Solana which is strongly heading towards $170. The growing optimism over the ETH and SOL prices has again fueled the altseason narrative.
Pump.fun, a leading Solana-based marketplace and deployment tool for meme coins, issued a postmortem on the exploit that occurred on May 16. The team stated that a former employee took advantage of its position to misappropriate 12.3K SOL, worth $1.9 million. An X user nicknamed Staccoverflow, confirmed to be part of pump.
Bonk Price Prediction: The Solana-based memecoin Bonk has recently rebounded from $0.0000213 support amid the renewed recovery sentiment in the crypto market. This second reversal within three weeks accentuates the correction trend bottoming and surged the asset 12.5% within four days.
BitMEX co-founder Arthur Hayes has set the crypto community abuzz with a cryptic post as the Solana price nears the $170 mark with a 3% increase. Notably, Hayes's enigmatic message, shared alongside a Solana price chart, has ignited speculation across the market, especially in light of recent pro-crypto sentiments expressed by influential figures.
TL;DR Solayer reached a deposit limit of $20 million in 45 minutes during its initial launch, reflecting strong investor support. The protocol allows for restaking SOL and other liquid staking products, with assets locked until “epoch 3” to ensure a solid foundation.
Solana's new restaking protocol, Solayer, quickly reached its $20 million deposit limit in just 45 minutes
As the crypto market bounces back, with the Bitcoin price surpassing the $65,000 barrier overnight, the meme coins seem slightly under the weather. Under a healthy correction, they are awaiting their next massive jump. The meme coins could skyrocket soon, with the altcoins siphoning additional bullish momentum from the recovering market.
As Bitcoin (BTC) rises out of its recent dip and paves the way, the altcoins are following, and not many more so than Solana. Already up 17% so far on the week, $SOL is powering its way back to the all-time highs
A trader has highlighted why timing is the key in the crypto market, as he made $200K within minutes. This news came out in the market with Lookonchain, a real-time data, news, and analytics provider's post.
A recent report by CoinGecko underscores Solana's dominance, revealing it as the fastest among significant blockchains.
Solana is in a good position now. Can it be in a better position a few months down the line though?
Solana price prediction: SOL experienced a significant rise in market value recently, increasing over 4% in the last 24 hours. The Solana price surged past the $160 resistance level and currently stands at $168, demonstrating strong positive momentum in its trading pattern.
Crypto-markets have been marred by exploits and arrests, both old and recent.
Solana, the fastest blockchain, processed 91M transactions in a day, 46 times faster than Ethereum and 5 times faster than Polygon. The post Solana leads as the fastest among large-scale blockchains — CoinGecko appeared first on Crypto Briefing.
As Bitcoin experiences a sideways consolidation phase, dropping up to 23% from its all-time highs, its overall market outlook remains cautiously optimistic. This consolidation is viewed as a healthy correction, potentially setting the stage for future growth.
Pump.fun, a platform built on the Solana blockchain for streamlined token launches, has fallen victim to an apparent exploit resulting in significant losses.
Solana's price has been doing well on the charts lately. What does that mean for you though?
Solana (SOL), the lightning-fast blockchain platform, finds itself at a crossroads as its price lingers around the pivotal $162 mark, igniting speculation and concern among investors. In this comprehensive analysis, we delve deep into SOL's current predicament, the significance of the $140 support level, expert insights, and the broader implications for the cryptocurrency landscape.
Solana NFTs could see their values increase if SOL's price keeps climbing the way it has been.
On May 16, at 15:21 UTC, pump.fun, a meme coin creation platform in the Solana (SOL) ecosystem, was exploited. The incident resulted in a loss of approximately 12,300 SOL, worth nearly $2 million at current market prices.
The revenue cryptocurrency users can get for staking some of the most popular digital assets has dropping significantly over the past year, with the yield earned for staking Ethereum ($ETH), for example, plunging from over 5% to around 3.18% at the time of writing.
As TradingView's data suggests, PEPE has secured a massive 21% growth in the last few days. The asset has reached the $0.00001 threshold and is now aiming towards breaking the all-time high once more.
Solayer Labs's startup has soft-launched deposits into its Solana-based restaking protocol. The launch was highly successful, as the protocol raised $20 M in 45 minutes, maxing its limit according to Blockworks reports.
A cryptocurrency trader managed to, in the span of just 5 minutes, turn just 9 Solana ($SOL) tokens worth around $1,470 into 1,238 SOL worth over $200,000, to secure a gain of 137x in little time. According to data shared by on-chain analysis service Lookonchain, the trader spent the 9 SOL tokens to buy 28.
Pump.Fun, a Solana-based platform for launching tokens, has been exploited, resulting in a loss of about $2 million. The attacker used flash loans to the platform's bonding curve contracts, thus undermining the token launch mechanism.
The recent market surge sees memecoins like PEPE and FLOKI outperforming giants Bitcoin and Ethereum.
Pump.fun, a Solana-based marketplace and deployment tool for meme coins, has acknowledged suffering an exploit dealing with the bonding curve contracts in its platform.