Bitcoin's price remains calm at around $63K but some altcoins are charting massive gains.
The cryptocurrency market continues to be a mixed bag of uncertainty and opportunity as Bitcoin (BTC) battles to maintain its footing. In contrast, Solana (SOL) is testing a vital support level, leaving investors wondering about the future of these digital assets.
Solana has hit several new milestones in the recent past, but the token might face trouble ahead.
Solana (SOL) has faced a challenging month, marked by fluctuating prices and a general sense of uncertainty among traders. While the token has seen a slight gain of 3.43% overall, recent trading sessions indicate a more pronounced struggle, with SOL experiencing a modest weekly gain of only 0.45% and a daily decline of 2.43%.
Solana (SOL), one of the top cryptocurrencies, is showing signs of a potential breakout after days of trading in a narrow range. Investors and traders are closely monitoring its next move as it could significantly impact the market.
A look at Aptos and its latest network achievements, as well as an assessment of the potential impact on APT's price action.
The cryptocurrency market was quiet over most of the past week, with several large-cap assets including Bitcoin (BTC) and Ethereum (ETH) struggling to make any mark. Solana was also among the top cryptocurrencies that failed to impress over the last seven-day period.
The cryptocurrency market is bracing for potential shifts that could significantly influence its trajectory. According to a recent report from Standard Chartered analysts, Solana (SOL) may see substantial gains if Republican candidate Donald Trump secures victory in November.
The cryptocurrency market grapples with a downturn, two prominent players, XRP and Solana, are feeling the brunt of increasing negative sentiment among investors. Recent data from Santiment, a market intelligence platform, reveals that both assets are experiencing significant bearish narratives, raising questions about their potential for recovery.
Real Vision's chief crypto analyst Jamie Coutts is saying that a top Ethereum (ETH) competitor may be on the verge of a massive breakout. Coutts says that the number of active Solana (SOL) addresses has soared by triple digits in percentage terms in the last three months, far more than other smart contract platforms.
The crypto space buzzes with excitement over three playful tokens on a popular blockchain, with potential for remarkable returns by 2025. #partnercontent
Solana is currently trading above the $140 mark, showing signs of strength as it prepares for a potential move to higher levels. After a modest 5% pump on Friday, investors and analysts are increasingly optimistic about the direction Solana could take in the coming months.
In Friday's US trading session, the crypto market rebounded with renewed buying strength as the Bitcoin price spiked 4.34%. After a week-long consolidation, the bullish momentum uplifted most major altcoins, including SOL, to kick-start a sustainable recovery.
ETC Group advised investors to hold Ethereum (ETH), Solana (SOL), and Aptos (APT) due to their strategic importance in the layer-1 blockchain space in an Oct. 8 report. As Ethereum faces mounting competition from newer blockchains, the report highlighted the importance of evaluating the market's recent conditions and long-term performance.
The overall cryptocurrency market is experiencing an impressive recovery, amid this former hedge fund manager and host of CNBC's Mad Money, Jim Cramer made a big call. He recently predicted that Kamala Harris would win the upcoming presidential election and added, “I don't see how Trump wins.
Bitcoin and altcoins made a strong comeback on Oct. 11, indicating solid buying at lower levels.
A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months.
A widely followed crypto analyst believes that one red-hot Solana (SOL) rival may soon print new all-time highs (ATHs). Crypto trader Michaël van de Poppe tells his 729,500 followers on the social media platform X that Sui (SUI) could soar more than 23% from its current value. “Sometimes you'll need to remain patient.
Solana is primed for a breakout by having a narrow consolidation range, said market analyst Edward. Powered by such factors, the token price might witness a 2x to 5x growth by the end of 2025 Industry experts claimed that due to organic growth and one of the top positions in the DeFi ecosystem, the value
Coinbase added support for Solana-based decentralized GPU network io.net, boosting Solana's ecosystem.
Crypto conference panel titles are like little time capsules that give a sense of what the crypto world was interested in at a certain moment in time (at least in the eyes of conference organizers).
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Over the past 24 hours, the Solana price seems to have found its footing following yesterday's hotter-than-expected inflation data, escaping with a 1.02% gain.
Chasing 100x with memecoins often ends up with traders getting burnt. Instead, investment in solid ICOs has become a key strategy among seasoned investors. The latest in the spotlight is DTX Exchange (DTX), likened to Binance Coin's (BNB) 2017 ICO at $0.15.
The CPI print usually creates volatility within the markets; however, this time it wasn't the same. The market participants were optimistic as a drop in the rates was speculated, which could have raised the BTC price and the other altcoins, including Solana, above the consolidated range.
Bitcoin may get all the attention, but don't sleep on the upside potential of Solana and this AI crypto token.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
The company announces the acceptance of stablecoin payments on the Solana network for American merchants.
On 9 October 2024, Stripe announced a new feature, Pay with Crypto, which allows U.S.-based businesses to accept stablecoin payments that automatically settle as fiat in their Stripe balance.
Amid the increasing volatility in the crypto market, Solana-based meme coins are ready for bullish action. With V-shaped reversals to breakout rallies, these coins are set to explode this October. Curious to know which coins we are talking about. Find out now in a well-detailed price analysis of top Solana-based meme coins.
Layer-1 blockchain Solana has seen a resurgence in user activity over the past week. Both daily active addresses and new addresses have increased, indicating rising demand.
Despite a recent drop, the market outlook for APT remains optimistic.
Ethereum, XRP, and Solana show downside risks in the short term, with Ethereum and Solana forming bearish patterns and XRP targeting a 13% drop, according to technical analysis following the latest U.S. inflation report.
Solana tested the $135 support and recently corrected losses. SOL price is rising and might gain bullish momentum if it clears the $144 resistance.
Aptos (APT) is making waves in the cryptocurrency market, showcasing significant bullish momentum that has caught the attention of both day traders and long-term investors. Recent price movements indicate that APT is on a strong upward trajectory, but the critical question remains: can it sustain this climb, or is a market correction on the horizon?
Banking giant Standard Chartered predicts that solana could experience a significant surge of up to 400% if Donald Trump wins the 2024 U.S. presidential election. The bank's head of digital assets suggests that solana's faster transaction speed and support for decentralized applications position it well in a crypto-friendly environment.
Significant activity has been displayed by Shiba Inu, as evidenced by a spike in large transaction volume of 4.1 trillion SHIB over the last day, almost reaching its seven-day high. Large transaction volumes often signal increased interest from larger holders, or whales, which may have a significant impact on how prices behave in the future.
Solana (SOL) stands at a crucial juncture. Currently priced at approximately $142.98, investors are eager to see if the altcoin can reclaim the $200 mark this year.
Solana's top meme coins are currently outperforming major cryptocurrencies, experiencing notable price surges despite the ongoing bearish market sentiment. According to CoinMarketCap data, SOL-based Popcat (POPCAT) and dogwifhat (WIF) have surged by over 6.9% and 5.2% in the past 24 hours.
This downward trend might soon hit a pause as traders' actions diverge from the price movement.
APTOS Unlock date - Oct 11th 2024 Number of tokens unlocked- 11.31 million APT (2.25% of its circulating supply) Current Circulating Supply - 503.5 million APT billion OP Previous token unlock - Sep 11th, 2024 Aptos is an independent Layer 1 blockchain platform focused on safety and scalability driving growth within a decentralized network and developer ecosystem.. Token distribution Community - 3.21M tokens (0.63%) Core contributors - 3.96M tokens (2.08%) Foundation - 1.
The United States Securities and Exchange Commission (SEC) has initiated a lawsuit against Chicago-based crypto maker Cumberland, alleging the company operated as an unregistered securities dealer in handling over $2 billion worth of cryptocurrencies.
Aptos (APT) has emerged as a noteworthy player in the cryptocurrency landscape, having recently surged an impressive 112% over the past two months. As the altcoin market begins to recover from recent lows, Aptos is currently positioned at a pivotal moment.
Coinbase is adding support for one artificial intelligence (AI)-focused altcoin on the Solana (SOL) network. In a new announcement, the top US crypto exchange says that decentralized physical infrastructure network (DePIN) io.net (IO) is being added to the platform for trading. Says Coinbase, “Trading will begin on or after 9 a.m.
As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana, and Bitcoin.
Solana (SOL) price remains locked in a consolidation phase, mirroring the broader cryptocurrency market's stagnant performance. The coin has shown little movement, with no clear signs of an impending upward trend.
Market intelligence firm DappRadar says that layer-1 crypto projects Sui (SUI) and Aptos (APT) emerged as the standout performers in the decentralized finance (DeFi) space in Q3 of 2024.