Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.

Solana was the best-performing asset in the CoinDesk 20 Index through the week, advancing 11%, while BTC and ETH declined.

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During Wednesday's U.S. market session, the crypto market witnessed a surge in selling pressure as Bitcoin price fell below $67,000. The renewed selling pressure led to a 1.9% decline in Pepe coin price prediction, teasing a bearish breakdown below $0.00001.

Solana's TVL hits a 2-year high at $6.433 billion, driven by DeFi growth.

Solana (SOL) is holding strong above the $160 mark after the broader market experienced a healthy dip to previous demand levels. Despite the dip, Solana has shown resilience, though the past few hours have been marked by short-term volatility with rapid price fluctuations.

The price of the Frog-themed Pepe coin (PEPE) has lost 6.50% in the last seven days. This decline could be linked to a major supply wall that has overpowered the underlying support.

Are we witnessing a major shift in blockchain adoption as Solana's user numbers skyrocket, or will Ethereum's continued dominance in high-value applications keep it ahead in the long run? Solana's massive comeback Solana (SOL), one of the most promising blockchain

Layer 1 (L1) blockchain Solana (SOL) has witnessed a notable surge in user activity over the past month. The chain's daily active address and transaction count have skyrocketed by double digits in the past 30 days.

In the latest speculation around Solana price, an analyst said an upcoming breakout would “feed generations” after a signal that could send SOL to $2,000 appeared. With recent movements stirring excitement in the crypto space, traders and analysts are speculating on the potential of SOL to reach these heights.

The institutional investment sector is about to undergo a revolution thanks to the launch of Elmnts, an innovative project by Solana that allows investment in funds backed by oil and gas royalties.

Key Points:

The cryptocurrency landscape evolves, recent developments highlight a stark contrast among the top ten digital assets. While Bitcoin is experiencing a significant breakout, XRP is struggling to maintain its momentum.

Solana's daily economic value, including transaction fees and MEV tips, peaked at an all-time high of $7.93 million. The network has registered a progressive exponential increase in economic value since late September.

Pepe offers stability, while Fwog shows stronger growth and immediate upside potential.

Realms, a governance platform on Solana, is transitioning to a profit-driven model with new management, launching paid services while continuing to provide free core tools for DAOs.

Dogecoin (DOGE) and Solana (SOL) aren't set to drive the next bull run. Instead, an undervalued token priced under $0.10 is poised for breakout growth.

Solana, the 5th most large crypto, is one of the most popular tokens among the market participants. The price has been trading with extreme strength since the beginning and hence the network turmoil or the sell-off failed to restrict the rally for a longer time.

Upbit is one of the more conservative exchanges when it comes to meme token listings. The next eligible asset may be FLOKI, based on its longer trading history.

Almost all major cryptocurrencies, including Ethereum (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Chainlink (LINK), and Polkadot (DOT), have registered substantial declines. The crypto market cap has also dropped by 0.82% and currently stands at $2.31 trillion.

This development allows people to invest in funds backed by oil and gas royalties. But what does that mean, and why is it important?

Despite increased price volatility in the crypto market, the Solana price has stabilized above the $160 mark. This highlights a rising bullish sentiment and increased adoption of the 5th largest cryptocurrency in the market.

For the week ending on October 14th, the network reached its highest-ever level of real economic value activity, totaling a whopping $36.8 million. This is a big deal for the blockchain, showing that more people are using it for transactions than ever before.

Some projects stand out due to their boldness and their disruptive crypto potential. Elmnts, one of these mysterious projects, paves the way for a new form of investment by combining the traditional energy sector with the infinite possibilities offered by blockchain.

Solana struggled to clear the $172 resistance zone. SOL price is correcting gains and might soon test the $162 support zone.

Solanas price stayed strong, rising 9.3% for the week, despite Pump.fun selling $6.6 million worth of SOL. With $47 million still held, whales are on high alert for the next market twist.

A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies. Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100.

Solana based memecoin launchpad Pump Fun continues with its selling spree, dumping 40000 SOL tokens worth $6.68 million.

The firm's non-custodial staking model for Solana ETN will allow investors to retain full control over their staked assets.

Is Solana crypto ripe for a possible huge price rally? Some market analysts believe it does, seeing that the crypto is moving in a favorable pattern.

Solana's (SOL) price chart shows that the altcoin could be on the verge of a 70% increase. In August, Solana's price dropped to $130.

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WallitIQ (WLTQ) and Pepe (PEPE) to lead crypto bull run with 90,000% gains as Dogecoin price is set to rally.

Pump.fun has generated approximately $162 million in revenue since its inception.

Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?

After a brief retracement, the Solana price has found support at the $163 mark and is currently trading at approximately $168. The cryptocurrency is again approaching a significant resistance level at $170, which has posed a challenge for the token over the past month.

Elmnts, a tokenized investments platform focused on building an on-chain commodities ecosystem on Solana, has announced its public beta. The platform's launch on Solana (SOL) provides accredited investors access to blockchain-based investment funds, backed by mineral rights royalties.

Ethereum (ETH) and Solana (SOL). With both cryptocurrencies gaining momentum, investors are eager to know which one might be the better choice for the upcoming Alt Season.

The Solana network has significantly outpaced the Ethereum network in the recent past on web3 activities fueled by its meme coin space growth.

TL;DR Elmnts launches public beta, allowing accredited investors to access tokenized investment funds backed by mineral rights royalties. The platform is built on the Solana network and seeks to offer a secure and regulated approach to blockchain investments. Elmnts combines traditional investment expertise with the innovation of blockchain technology to create attractive financial products.

Solana's rising TVL and DEX volume highlight its growing influence in the blockchain space, potentially challenging Ethereum's dominance. The post Solana TVL reaches new peak since early 2022 appeared first on Crypto Briefing.

Elmnts officially went live on the Solana blockchain, offering tokenized investment funds tied to mineral rights royalties. The new platform offers a new investment avenue for retail and institutional traders to participate in high-yield assets with double-digit potential returns and low entry of $1,000 in investments.

Pump.Fun earns millions by creating memecoins on Solana, attracting new users and maximizing profits.

Recent price action has led many in the crypto space to predict a meme coin super cycle, in which giants of the niche including Dogecoin and Pepe will rise to insane valuations.

During Tuesday's Asian market session, the Solana price jumped 1.44% to trade at $168.6, while its market cap boosted to $79.04 Billion. This growth was driven by a bullish convergence across three key SOL charts: price trends, on-chain data, and derivatives metrics.

Energy market analytics company RBN Energy estimates that mineral and royalty interests amount to $700 billion.

The project is spinning out of Solana Labs and its new leaders want to turn a profit.