Solana‘s (CRYPTO: SOL) growth over the past two years, marked by a staggering 2,143% price increase, is rooted in a substantial $55 billion influx of new capital, according to a recent analysis by Glassnode. The report, released earlier in the week, delves into the network's underlying dynamics, revealing robust investor demand that, despite profit-taking, hasn't reached levels traditionally associated with market tops.
The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.
Rare buy signal on Solana charts hints at rebound as traders eye $250 breakout!
As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.
Solana (SOL) price reached a new all-time high on November 22 but has been in a corrective phase since, currently trading 27% below that peak. Recent technical indicators highlight mixed signals, with bearish momentum showing signs of easing but still dominating the market.
Solana (SOL) is showing early signs of a potential rebound, supported by its current technical setup.
Recent trading activities reveal that Solana (SOL) is showing signs of renewed strength as its price stages a notable recovery. After enduring a period of bearish dominance, SOL has found support at $164, sparking optimism among market participants.
Solana, like a Phoenix, rises from the ashes of FTX. With a 2,000% increase, it makes Bitcoin and Ethereum look outdated, showing record volumes and spectacular inflows.
Solana price today trades at $191 after falling by 27% from the year-to-date high $264. This crash has coincided with the recent crypto crash that has pushed Bitcoin and most altcoins sharply lower.
In the rapidly evolving world of blockchain technology, Sui, Toncoin, and Solana are cutting-edge platforms designed to address the limitations of traditional blockchains while pushing the boundaries of scalability, speed, and efficiency. In this article, we'll study how these blockchains are reshaping the decentralized ecosystem, addressing key challenges like scalability, speed, and efficiency.
Despite what many have observed as a sell-off trend among several major holders like Sun, his explanation suggests a different story entirely.
The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.
In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month. Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.
More allocation, more ETPs? The momentum behind crypto ETFs reflects a maturing market ready to take its next big leap in 2025.
The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.
Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.
Solana GameFi network Sonic will airdrop free tokens to TikTok users for joining its crypto game.
In a sea of noise, the real winners of Web3 will be those who turn raw on-chain data into actionable signals for sustainable growth.
Hyperliquid's HYPE, following its billionaire airdrop, surged to a new all-time high on December 21 before entering a steep correction. Meanwhile, RENDER, the leading AI-focused token, has seen a sharp 20% decline over the past week, with its market cap falling to $3.7 billion.
Tron's leading memecoin launchpad SunPump introduces a groundbreaking AI assistant to automate token creation process. The platform aims to accelerate memecoin adoption while offering promotional rewards.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
The US Securities and Exchange Commission (SEC) looks likely to approve a Solana exchange-traded fund (ETF) under Donald Trump's administration. With this Solana ETF approval looking imminent, there are tokens that are ready to enjoy a 5x price increase once this happens.
The price of Sui has dropped by 3.5% in the past 24 hours, yet traders are predicting that it will continue growing as its platform looks to rival Solana. The post Sui Is Down but Analysts Say It's Gearing Up to Become the “Next Solana” appeared first on Cryptonews.
Tron Network has finally welcomed the first Artificial Intelligence (AI) agent on Sun Pump after months of development. The founder of the network Justin Sun shared the news of the milestone in a recent X post.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Solana's continued doing well in December, as meme coins helped it gain market share against Ethereum and other blockchains. According to DeFi Llama, Solana's (SOL) protocols in the decentralized exchange industry were the most active in December.
Solana (SOL), the world's fifth-largest cryptocurrency by market cap, has experienced a notable price decline in recent days.
Last week, digital asset investment products continued to attract inflows, totaling $308 million. However, these inflows obscure one of the largest single-day outflows, recorded on December 19, with a total of $576 million. In the last two days of the previous week, global outflows reached $1 billion.
Solana has rebounded by 0.5% in the past hour, with the coin in a position to recover strongly from its losses over the weekend. The post Solana Rebounds From $175 Low – Could This Be the Launchpad to $300? appeared first on Cryptonews.
Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain mini apps that were built inside Telegram.
Fear and uncertainty fill the Solana (SOL) meme coin scene! Tokens like Dogwifhat (WIF) and Bonk (BONK) are bleeding value, leaving many investors frustrated and anxious. Once the darling of internet culture, these coins have seen their prices plummet, sparking questions about their future.
On the same day, two prominent companies have gained recognition for their market performance and strategic initiatives. MicroStrategy, the business intelligence firm known for its substantial Bitcoin holdings, has entered the prestigious Nasdaq 100 index.
Solana (SOL) is navigating a turbulent period after facing a significant 33% correction from its all-time high at $264, reached in late November. Despite the sharp pullback, Solana demonstrates resilience, offering investors a promising long-term outlook.
Since its launch, Solana has distinguished itself as one of the most innovative blockchains in the industry. With its execution speed and some of the lowest transaction fees, it has attracted a dynamic ecosystem of developers and users.
Solana price a layer one crypto has witnessed a decrease recently, mirroring bearish trends across the crypto market. After November's bullish rally broke critical resistance levels, the token entered a corrective phase.
With Bitcoin ($BTC) potentially bringing its latest reversal to an end, the altcoins are primed to run. Solana ($SOL), Binance Coin ($BNB), and Theta Network ($THETA) are three likely candidates for breakouts.
Tron founder Justin Sun has sold 50% of his Ethereum holdings, triggering a sharp drop in ETH prices. Crypto analysts warn of further market turbulence as Ethereum struggles to maintain critical support levels.
The latest price analysis by Coinidol.com report, the price of Solana (SOL) has gone below the moving average lines reaching a low above the $171 low.
Two projects in the realm of cryptocurrencies that have already made innumerable early investors millionaires are Solana (SOL) and Dogecoin (DOGE). While DOGE famously shot from fractions of a cent to over $0.70, generating a tsunami of life-changing money, SOL shot from just a few bucks to its all-time high of $260.
On the same day that MicroStrategy enters the Nasdaq 100, Sol Strategies (HODL.CN) joins the Canadian Securities Exchange CSE 25 Index of its top 25 companies by market capitalization. The post MicroStrategy Joins the Nasdaq 100, Sol Strategies Added to the CSE 25 Index appeared first on Cryptonews.
Solana (SOL) continues to demonstrate strong network growth. While the market sentiment has been subdued over the past week, the blockchain's on-chain activity remains robust, and recent data highlights its increasing potential.
Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.
Solana (SOL) has seen a dramatic pullback in recent weeks, but many analysts are eyeing this drop as a potential buying opportunity. As the price hits a significant support level, Solana's technical indicators suggest a rebound might be on the horizon.
Tron founder Justin Sun has been heavily offloading his ETH holdings with Ethereum price crashing 17% following the rejection at $4,000. Over the past 7 days, Sun has offloaded another 50% of his holdings worth $143 million.
SOL's pullback has hit the 100-day moving average; will it hold like it did throughout 2024?
Solana continues to demonstrate healthy network growth but organic activity was not enough to shield SOL from downside this past week.