A momentum indicator recently flipped bullish for XRP, Solana (SOL) and two other altcoins, according to a popular crypto analyst. Ali Martinez tells his 101,300 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented buy signals on the four-hour charts for XRP, SOL, Maker (MKR) and World Network (WLD).
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Beyond ETF hype, Solana (SOL) is under the spotlight following a new report from crypto analytics platform Glassnode. Per the report, Glassnode highlighted the movement of capital across the Solana asset.
The cryptocurrency market is witnessing signs of recovery, with Solana ($SOL) and Ethereum ($ETH) showing promising reversal patterns. Meanwhile, Altura ($ALU) is gaining momentum, preparing for a bullish breakout that could solidify its position as a multibillion-dollar project.
TL;DR Solana has recorded growth of over 2,100% in the past two years, establishing itself as one of the most prominent cryptocurrencies in the market. Since 2022, SOL has outperformed Bitcoin and Ethereum in terms of capital inflows, accumulating more than $55 billion in net liquidity.
A widely followed crypto analyst is suddenly turning bullish on one Ethereum (ETH)-based altcoin after its correction this week. In a new thread on the social media platform X, crypto trader Justin Bennett tells 115,500 followers that CRV, the native token of stablecoin lending platform CurveDAO, could soar more than 600% from its current value.
A solid recovery in Bitcoin price is a hint that bulls have not given up on BTC and altcoins as they continue to buy dips below key support levels.
Binance Futures has announced the launch of new USD-margined perpetual contracts, including Solana's Fartcoin (FARTCOIN), with leverage up to 75x. The contracts were introduced on December 20, 2024, providing traders with expanded options to engage in high-leverage trading on the Binance platform.
Solana surged 200% to $216 in 2024, while USDT's role in DeFi and real-world assets signals further growth ahead. The post BTC went viral in 2024.
The crypto market started off with mixed signals, with Bitcoin leading the altcoins following the launch of the spot BTC ETFs. However, the rest of the year proved to be rather bleak until Q4.
Cardano's price increased in November but its price soon reduced, losing some of its gains. ADA now trades close to the $1 mark. Similarly, Solana's price has been on a downtrend. It has fallen to $216, delaying its rally to $300.
Bitcoin's price correction dragged major altcoins with it with the global crypto market cap decreasing by 9.53%. Major Altcoins Follow BTC Dip Bitcoin‘s price correction extended into Friday, Dec. 20, as the number one crypto continued to shed its recent gains.
Solana price prediction shows two possible paths: a bullish surge toward $400 or a bearish decline. Will Solana overcome its hurdles and reach new heights?
Solana has breached the $200 support level due to the recent collapse in Bitcoin below $100,000. Despite the stellar performance of this Ethereum-killer, the recent drop below a key level hints that a corrective phase may have begun.
In a surprising move, the crypto markets witnessed another dreadful pullback of the year, wiping out over $250 billion from the markets in just a few hours. On the other hand, the spot ETFs also witnessed record-breaking outflows of over $730 million, of which Bitcoin constitutes over $670 million and Ethereum just $60 million.
Solana (SOL), the sixth-largest crypto by market capitalization, continued to show lackluster performance Thursday, extending its month-long downward trajectory within a narrow price channel.
The crypto market recorded volatile trading this week, following a robust rally over the past few months. Bitcoin (BTC) and top altcoins like Solana (SOL), XRP, Dogecoin (DOGE), and others have recorded significant gains this year.
Parcl ($PARCL) has taken a knock, with a price decline of -13.10% in the past seven days. As a real estate trading DEX, PARCL provides traders with the option of major city indices, among them New York, Los Angeles, and Dubai.
Amid the rising popularity of exchange-traded funds and impressive Bitcoin and ETF inflows, investors still await the SEC's take on the spot SOL ETF. Interestingly, some recent findings hint at the positive leads that might be seen in early 2025, which could push the Solana price to new ATH, but how high?
A whale wallet known as sbfonchain.sol accumulated FARTCOIN in the past 24 hours, buying the initial dip. Later, FARTCOIN still corrected down to $0.94.
The Solana (SOL -15.52%) cryptocurrency has been on a wild ride since launching in the spring of 2020. It traded for less than $1 per coin at first, soared to $259 in the crypto boom of 2021, then fell back below $10 in December 2022.
The launch of the spot Bitcoin (BTC -8.50%) exchange-traded funds (ETFs) in January was a landmark event. For good reason, the ETFs are widely seen as one of the primary catalysts behind Bitcoin's triple-digit percentage gains this year.
Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Solana (SOL) has been something of an early marvel of the 2024 cryptocurrency bull market, as it was one of the first tokens to make substantial moves already late last year.
Solana maintains $210 support level while approaching 67 million daily transactions, demonstrating strong network fundamentals despite recent market volatility following the Federal Reserve's policy announcement.
An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new post on X, analyst Ali Martinez has talked about the TD Sequential signal that four different altcoins have seen on their 4-hour charts.
Solana's (SOL) price experienced a sharp 8.03% decline in the last 24 hours, marking the first time it has fallen below the $200 level since early November. This downturn aligns with the broader market slump, which triggered widespread liquidations.
Solana faced heightened volatility yesterday, dropping 7% following the Federal Reserve's announcement of a 25 basis point rate cut and fewer projected cuts for 2024. Despite the sell-off, Solana's price action remains resilient as it managed to hold above a critical support level, reinforcing confidence in its ability to weather macroeconomic shifts.
Cryptocurrency prices have taken a significant hit, with Bitcoin, Ethereum, XRP, Dogecoin and Solana all suffering major losses.
Solana continues to outperform expectations. Currently trading at approximately $209, SOL has seen a drop of around 19.89% from its all-time high (ATH) of $264.
The Solana dapp ecosystem reached significant monthly revenue numbers in November, with Pumpfun crossing the $100 million mark. Solana Dapp Revenue Goes Parabolic Solana's decentralized applications (dapps) hit an all-time high of $365 million in November. According to Syndica research, Solana's total dapp revenue of $365 million exceeded Solana's network revenue of $92 million.
A decentralized real estate trading platform built on smart contract platform Solana (SOL) saw its price rise and dip after gaining support from Coinbase.
Crypto asset manager Bitwise has launched a Solana staking exchange-traded product (ETP) in Europe, while it awaits approval in the United States for its Solana exchange-traded fund (ETF) offering.
A meme token created by a gold and silver maximalist became a hit in the Pump.fun trenches. UFD produced 11 millionaire wallets as valuations broke above $200M.
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.
The performance of Solana (SOL) in the past month has been a bit disappointing although its yearly gains are still robust.
The cryptocurrency landscape evolves, industry experts continue to debate which blockchain platform will dominate in the years to come. Matt Hougan, Chief Investment Officer at Bitwise, has made a bold prediction that Ethereum will surpass Solana by 2025.
In 2024, Solana experienced spectacular growth in the field of decentralized applications (DApps), largely thanks to the rise of memecoins. According to a crypto report, Solana-based DApps generated revenues of $365 million in November 2024, with memecoins leading this growth.
Few projects in crypto's short history have done more to both capture and shape the culture—for better or worse.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
Solana (SOL) investors were disappointed after the coin experienced a massive decline from its all-time high (ATH) of $264 in November. Recent metrics indicate Solana could witness a rebound to new price levels.
Solana price has moved into a technical bear market as the crypto sell-off intensifies after the hawkish Federal Reserve decision. Solana (SOL), the fifth-biggest cryptocurrency, dropped to the psychologically important support at $200.
Sonic and Injective partner for the cross-chain AI Agent platform, integrating Solana and Injective ecosystems via a Smart Agent Hub.
Fartcoin, a Solana meme coin, has achieved remarkable growth with a 300% price increase over the past month, reaching an all-time high of $1.17.
Solana's decentralized app (DApp) ecosystem exploded in November 2024, reaching a record $365 million in revenue. The post Solana DApp Revenue Soars 15x in 2024, Led by Meme Coins and DeFi appeared first on Cryptonews.
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Because it is still stuck in a descending channel, Solana is still showing bearish momentum, which suggests that the asset is under more pressure. SOL is now trading at about $210 after gradually declining, failing to maintain its prior highs of about $280.
Fartcoin, a popular Solana-based token, is up 500% in just 11 days and shows no signs of stopping. Despite the recent crash in Bitcoin price below $100,000 that caused altcoins to drop double-digits, FARTCOIN continues to trend higher.
