ADA, the native token of the Cardano blockchain, is gaining significant attention from crypto giants despite its ongoing price consolidation. On December 17, 2024, data from on-chain analytics firm Santiment revealed a massive rise in whale activity on the Cardano network, signaling potential upside momentum.
Cardano's founder, Charles Hoskinson, is doubling down on his mission to transform blockchain governance. In a recent post, he shared that Cardano is on the brink of achieving what he calls a decentralized revolution.
Billy Markus, the founder of Dogecoin, also known as Shibetoshi Nakamoto, has recently listed his top five favourite cryptocurrencies. The first on Markus's list is Dogecoin, which is quite expected since he is one of its creators.
Recent data reveals a substantial surge in whale activity on the Cardano (ADA) network. Analyst Ali Martinez reported 687 transactions exceeding $1 million within 24 hours, signaling strong interest from large investors.
Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.
SUI price is on the verge of making history, with the potential to reach a new all-time high as it trades just 2% below its previous peak. If bullish momentum continues, SUI could break the $4.92 resistance and hit $5 for the first time by the end of December 2024.
Solana's price recently encountered a setback after failing to break above the $234 resistance level, briefly dipping to as low as $204 on December 10. Despite this temporary decline, the blockchain's underlying fundamentals remain strong, and experts believe that Solana could see a significant upward movement if it can successfully breach this critical price point.
Bitcoin (BTC) surged to a record high above $106,000, driven by President-elect Donald Trump's plans for a strategic Bitcoin reserve and a surge in institutional demand.
The UK Financial Conduct Authority (FCA) has boldly called out crypto project Retardio Solana for unlawful practices in the region. As detailed in a publication on Monday, the regulator said Retardio Solana has been promoting and providing financial services or products without permission.
Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.
According to Messari's 2025 Crypto Theses Report, Solana could have another strong year, fueled by $173 million in funding in Q3 2024—the highest quarter since Q2 2022. A spot SOL ETF feels increasingly inevitable.
Cardano's price has remained sideways this month, but a rare chart pattern indicates a potential comeback in the coming weeks. Cardano (ADA), the popular layer-1 cryptocurrency, is trading at $1.06, down nearly 20% from its highest level this year.
The Cardano (ADA) community received a notable warning that could help them protect their funds. Caution is necessary following a significant development in the community, particularly as they anticipate a favorable shift in the market.
The cryptocurrency market remains mainly red, according to CoinStats.
As more and more people look to the digital asset investment products field, Cardano (ADA) made a name for itself in last week's inflows, standing out from the crowd in a very competitive landscape. According to CoinShares, funds flowing into digital asset ETFs reached $3.23 billion, marking its 10th consecutive week of growth.
Solana has continued to grow, clinching new milestones per daily net capital inflow as measured by the Artemis protocol.
Cardano's price has been following Bitcoin over the past few weeks but is yet to create a new record high. Yet, it might do so soon if it is able to take out this one significant obstacle.
Solana has risen by 0.5% in the past 24 hours, as a new report finds that its network is the most popular among new crypto developers. The post Report Suggests New Developers Prefer Solana – Can This Push SOL to $500? appeared first on Cryptonews.
Ethereum price holds steady amid heightened investor interest ETH/USD has held steady above the previously strong resistance zone of $3,750 for close to a week; trading close to the 9-month high it hit earlier in the month.
Drake's X account was hacked and used to promote a fraudulent Solana-based meme coin, resulting in $5 million in trading activity before being exposed as a scam.
Cardano, a leading proof-of-stake cryptocurrency, has witnessed price surge, which is good news for the market. The broader crypto market recovery to earlier this year is drawing in this new wave of investment.
In a recent analysis, crypto analyst Henrik Zeberg shared his optimistic outlook on Solana (SOL), the fifth-largest cryptocurrency by market capitalization.
A widely followed crypto analyst says that holders of smart contract platform Solana (SOL) may be due for the same pain Ethereum (ETH) traders felt during previous cycles.
The cryptocurrency market has been anything but stable in recent weeks, with several major tokens grappling with resistance levels, shifting trends, and uncertain investor sentiment. XRP, Shiba Inu (SHIB), and Solana (SOL) are facing critical points in their price movements.
Cardano (ADA) faces the risk of slipping below the critical $1 mark after days of volatile, see-saw price action. Since the weekend, the altcoin has struggled to stabilize, hovering around the same price region.
Charles Hoskinson, founder of Cardano, has presented an innovative roadmap that will guide the development of the blockchain until 2025.
Over the last week, a significant amount of cryptocurrency movement involved tokens from various blockchains being bridged to Solana, including over $200 million worth of Ethereum.
Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a realm of limitless innovations and a battleground for regulatory and economic conflicts. Here is a summary of the most significant news from the past week regarding Bitcoin, Ethereum, Binance, Solana, and Ripple.
As Christmas approaches, Solana price has gained momentum as the token shows bullish sentiment in the cryptocurrency market. Following Bitcoin's hovering above $105K, SOL is capable of continuing its upward move.
Solana's price faces downward pressure despite strong holder conviction, while market data shows potential for a trend reversal due to high short interest and stable on-chain metrics.
Bitcoin (BTC) surged to a new all-time high during early Asian trading hours, hitting a peak of $106,449 before declining to its current level. The rally came as speculations grew about it becoming a United States reserve asset.
Xandeum has wrapped its six-week liquid staking program with a bunch of solid benchmarks. Distributing 205 million XAND tokens in rewards, the program saw more than 68% of available XAND staked by users, who were able to earn a 16% APY.
SUI came close to $5.
Over the past few months, Cardano founder Charles Hoskinson has showcased a number of new projects he has been working on. This includes a push to bring decentralized finance (DeFi) to Bitcoin (BTC) and Quantum Hosky.
The price of Solana has recently recorded a decline of 16.8% from its yearly peak, reflecting a pause in the crypto momentum. Despite this correction, technical and fundamental signals suggest long-term bullish potential.
Solana's daily net inflows have surpassed all other major blockchains, including Sui, Base, Arbitrum and Ethereum. On Dec. 15, the Solana network accumulated net inflows of $12 million.
In the times when the markets are turning bullish, the Solana price is displaying a diverse trend with a possibility of testing the immediate lower support. The rising bearish pressure of the token raises concerns over the year-end targets as a significant shift in the liquidity.
The price of Solana (SOL) has fallen between the moving average lines since December 2nd. Latest price analysis by Coinidol.com.
The SUI Network's decentralized finance (De Fi) ecosystem has achieved a groundbreaking milestone, with its total value locked (TVL) surpassing $1.79 billion. This surge highlights the network's rapid adoption, particularly driven by the dominance of its lending platforms, Sui Lend and NAVI Lending.
Solana remained stable above the $215 level. SOL price is now recovering losses and facing hurdles near the $228 and $332 levels.
SUI's DeFi ecosystem hits a $1.79B TVL milestone, driven by SuiLend and NAVI Lending.
Solana's next move is anyone's guess, but it's clear that the stakes are high for anyone involved in the market.
An on-chain analyst says deep-pocketed investors are loading up massive amounts of Cardano (ADA) and a top memecoin as the market went sideways for the past week. Analyst Ali Martinez tells his 98,800 followers on the social media platform X that crypto whales accumulated $85.6 million worth of ADA in a couple of days.
Hovering within a descending triangle pattern on the chart, XRP is clearly struggling. Although XRP experienced a huge spike earlier, it is currently struggling to recover and surpass significant resistance levels.
Solana's investor base is demonstrating unwavering confidence as the network sees a shift in the profile of its long-term holders. According to on-chain data from Glassnode, many more Solana addresses are moving into the long-term holder base, which showcases strong conviction from investors who entered the market during the recent 2024 rally.
Asia is home to about 32% of crypto developer activity, Electric Capital's annual study reveals—and new devs favor Solana over Ethereum.
Solana enjoys several key growth indicators, including an 18% increase in its TVL over the past month, per DeFi Llama.