October has seen Raydium, Solana's largest DEX, generate $22.3 billion in volume, while Uniswap on Ethereum has processed $38 billion.
SUI is gathering bullish steam as it heads toward a possible breakout, with a notable milestone of $2.1825 in sight. Recent market activity suggests an upswing could be on the horizon, following a strong rebound at the $1.5 support mark.
Given that Solana (SOL) recently hit a 3-month high after scaling the $180 heights, it seems the sky's the limit for the fifth-largest cryptocurrency based on market value.
Crypto institutional products saw huge inflows in the last seven days with Bitcoin (BTC) and Solana (SOL) funds attracting bullish sentiments. Solana's products have shown signs of its 2023 run after netting consecutive weekly inflows.
The cryptocurrency market is opening the week with a surge of optimism as Bitcoin (BTC) grapples with its ongoing struggle to breach the critical $70,000 resistance. This situation is not just a challenge for Bitcoin; it's fostering a bullish atmosphere across the entire market.
Bitcoin's shallow pullback shows buyers are not rushing to the exit and increases the likelihood of a rebound to new all-time highs. Will altcoins follow?
Nitro Labs, the team behind Termina, a Solana scaling infrastructure platform, has raised $4 million in a seed funding round.
Heavily backed by the Binance exchange, the FDUSD stablecoin was previously available on Ethereum, BSC, and Sui networks.
The $SUI token underpinning the Layer 1 SUI network continues threatening rival Solana as it surges towards a new all-time high (ATH) today. In the last 24 hours, $SUI added 3% to trade at $2.03. This brings the token just 13.5% away from setting a new all-time high after it crosses $2.
Sui Network is rapidly positioning itself as one of the most interesting emerging networks in the cryptocurrency sector. Thanks to a recent investment of 8.6 million dollars and the influx of assets from established networks like Ethereum and Solana, the Sui network is attracting growing attention from both investors and users.
First Digital Labs has announced the expansion of its FDUSD stablecoin onto the Solana blockchain, aiming to bring faster, lower-cost transactions to users worldwide. The announcement was made during Binance Blockchain Week, underscoring First Digital's strategy to increase the utility of FDUSD across multiple blockchain networks.
Since Bitcoin (BTC) attempted to revisit its all-time high yesterday, several altcoins have joined the race to increase their gains. However, according to data from CoinGecko, not all of the hottest trending cryptocurrencies followed suit.
Solana (SOL), the fifth largest cryptocurrency by market capitalization has recently completed a golden cross, a bullish technical pattern that typically signals potential upward momentum.
Parallel MPC (multi-party computation) network Ika has announced its launch on Layer 1 blockchain Sui. Formerly known as dWallet Network, Ika provides an interoperability solution that enables assets originating on chains such as Bitcoin, Ethereum, and Solana to be utilized on Sui.
After recent selling pressure, SUI has seen a 10% price gain, suggesting renewed buying momentum.
The partnership enables VanEck's clients to access Solana staking rewards without the complexities of direct token management. The post VanEck and Kiln Join Forces to Offer Regulated Solana Staking appeared first on Cryptonews.
The cryptocurrency market is experiencing a notable shift in investor sentiment. Among the altcoins, Solana (SOL) is emerging as a strong contender, potentially poised to reach $185 in the weeks leading up to the elections.
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Ika's launch on the Sui blockchain introduces groundbreaking solutions like Programmable Bitcoin, decentralized custody, and AI guardrails.
TL;DR VanEck partners with Kiln to integrate Solana staking into its investment offerings, providing institutional investors with seamless access to Solana staking without technical complexities. Kiln's proven track record and SOC 2 Type II certified infrastructure ensure robust security and reliability for institutional investors staking their assets.
Hong Kong-based stablecoin issuer First Digital Trust said Thursday it is expanding its FDUSD token to the Solana network.
Solana (SOL), the fifth-largest cryptocurrency by market capitalization, has recently seen a surge in activity from major investors, commonly referred to as “whales.” In the past week, these whales purchased an impressive 202,400 SOL tokens valued at $35 million from centralized exchanges, including Binance and Kraken.
Since the start of the month, Cardano (ADA) has traded within a defined range, encountering resistance at $0.36 and support at $0.31. Recently, however, buying pressure has gradually increased, suggesting a shift in market sentiment toward ADA.
Cardano's NVT ratio has surged to reach June levels, risking a further decline on ADA price charts.
With this announcement, you could play them on a brand-new, super-fast system called Hydra. Charles has big plans.
SUI, the native token of the Layer-1 Move-programmed blockchain, is experiencing renewed buying interest following a recent decline. After reaching an all-time high of $2.36 on October 12, SUI dropped to a 14-day low of $1.75 on October 25.
SUI has a lot of bullish momentum behind it, but will it be worth it?
Bitcoin (BTC) soared past $73,000 earlier today as it rose to $73,544, reaching levels last seen when it posted its all-time high over eight months ago amid growing optimism in the markets, a potential Republican victory in the upcoming US elections, and positive technical indicators. Analysts believe BTC is poised to post a new all-time high as early as this week if current positive trends persist.
Solana achieves multiple milestones with price reaching $180, network deposits hitting two-year highs at 42.5M SOL, and DEX volumes surpassing Ethereum amid broad ecosystem growth.
Solana-based token deployer, Pump.fun, has achieved a major milestone with its total revenue surpassing 1 million Solana. This figure, valued at around $188.5 million, brings Pump.fun close to claiming the $200 million revenue mark.
Solana price reached a 3-month high, marking the highs at around $183.38 while the volume remained within the decent range. Currently, the markets are extremely hyped and bullish on Solana and SUI, and as a result, tokens like Ethereum, XRP, and Cardano are losing the trader's attention.
On-chain data shows that Cardano's Network Value to Transactions (NVT) Ratio has surged recently. Here's what this could imply for ADA's price.
As the crypto markets heat up, all eyes are on the Sui price, which nears breaking its previous all-time high. Sui (SUI), dubbed the “Solana Killer,” has a compelling price prediction for November 2024.
Solayer announced the launch of sUSD, a real-world asset-backed stablecoin, on the Solana blockchain.
Asset manager VanEck has announced a strategic partnership with Kiln, a prominent digital asset rewards platform, to integrate staking into VanEck's Solana Strategy.
SUI is the top performer from the larger-cap alts today.
The Solana (SOL) memecoin ecosystem is regaining traction with investors as Bitcoin (BTC) leads the overall market recovery, approaching its previous record high of $73,700 set in March. This renewed interest is reflected in the performance of Popcat (POPCAT), one of the outstanding and best-performing tokens in the Solana memecoin space over the past month.
SUI continued its recovery towards its all-time high and was up over 10% in the past 24 hours backed by ecosystem growth. Sui (SUI) rebounded after remaining in a downtrend for four days as its price rose from $1.
With the BTC price inching closer to the $73,000 mark, the SUI token is back in action. Reclaiming the $2 psychological mark, the altcoin is just $300 million short of completing the $6 billion market cap. It has increased by nearly 12% in the past 24 hours and shows a rapid recovery.
Cardano price could hit $8 by 2025 as a recent shift in market outlook has caught the attention of ADA investors, according to one analyst. The bold forecast marks a significant change in ADA price prediction, sparking renewed interest among the crypto community.
Crypto Prices Today, October 30: The broader market on Wednesday sparked mixed investor sentiments globally, illustrating both gaining and slumping price trajectories. Bitcoin (BTC) price topped the $72K level intraday, while major altcoins showed mixed signals, but SUI and SEI were up 7%-11%.
Cardano price has been left in the dust this year, as investors focused on its lagging market share across the blockchain industry and its high valuation. ADA has plunged by over 35% this year, while Bitcoin has soared by 65% and moved to its highest level on record.
Binance announces new Earn Wednesday offers, including ETH and SOL staking, with flexible and locked products available on a first-come, first-served basis.
Solana price continued its strong recovery this week, soaring to a high of $180, its highest level since July 31st. It has jumped by about 65% from its lowest point in September, giving it a market capitalisation of $84 billion, and a fully diluted value of $106 billion.
Shiba Inu appears to be displaying indications of a possible reversal. The asset is currently seeing a notable uptick in whale activity after struggling to regain its previous momentum.
Cardano's 2020 pattern hints at a massive breakout in Novemeber, targeting $6.31 ADA by 2025.
A crypto strategist who continues to build a following with timely altcoin calls believes that one memecoin is poised to witness a big burst to the upside.