Sonic SVM is aiming to fuel its growth on the Solana blockchain with its upcoming sale of $12.8 million worth of validator nodes in its HyperGrid framework. Scheduled for the week of September 16, this sale will feature 50,000 “Hyperfuse nodes” distributed across 20 pricing tiers.

Update on the Shibburn tracker's website shows an immense increase in the SHIB burn rate since last morning.

The crypto market has become an enormous industry with a trillion dollars in market capitalization and millions of crypto tokens to trade into. This has offered great profit-making opportunities, but the volatility has also kept the market humbled with consistent drops.

Shiba Inu coin garnered considerable investor enthusiasm on Saturday as its burn rate noted a whopping 2000% uptick. The latest data from Shibburn revealed that over 200 million SHIB taken out of the meme coin's supply in the past 24 hours.

Meme coins like WIF and BONK did not make the list.

Supporters want previous gains to repeat.

Shiba Inu's burn portal sees no activity. Still, overall SHIB burns have surged by over 400%.

As the first week of September concluded, the Solana (SOL) price settled at $124, raising concerns for investors as the fifth largest cryptocurrency risks breaching the critical $100 threshold. According to market analyst Ali Martinez, recent technical analysis indicates that a sustained close below the channel's lower boundary at $126 could trigger a significant price correction for Solana, potentially dropping to $110 or even $90.

SOL's last three cycles could be key to identifying what's next for the altcoin.

Dogecoin (DOGE) and Shiba Inu (SHIB) are currently experiencing a downtrend, highlighting the bearish sentiment towards these meme coins. This price decline is due to several factors, including developments in the broader crypto market.

Bonk (BONK), the popular Solana-based meme coin, is defying the market trend and is poised for a massive price surge despite bearish sentiment. With an impressive 4% price surge, it has gained significant attention from the crypto community resulting in its open interest skyrocketing by 16% in the last 24 hours.

Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities.

As it gets closer to $55,000 the price of Bitcoin is still showing signs of weakness, and a decline to $52,000 is looking more and more likely. A bearish attitude has been evident in recent market data, especially among institutional investors, who have been withdrawing their money from exchange-traded funds related to Bitcoin.

Once the 78.6% retracement level is beaten, the 100% level is usually the next target.

The bitcoin price has dropped below a key resistance level as the crypto market crashes under $2 trillion

The Shiba Inu team has announced two major milestones that promise to enhance the utility and dynamics of its network. Shibarium, Shiba Inu's Layer 2 solution, has successfully achieved a substantial milestone in NFT minting.

Binance's Solana staking service aims to enhance the staking experience for its users. Vishal Sacheendran, Head of Regional Markets at Binance, explained that the service will let users stake SOL and receive rewards in BNSOL.

Solana (SOL) continued to trade sluggishly on Thursday, following a sharp drop of around 20% to approximately $128.62 on Wednesday. This decline has been linked to sustained selling pressure from a major unidentified whale or institutional investor, who has already unloaded over $99 million worth of the cryptocurrency this year.

Nearly two years after “The Merge” at Ethereum's blockchain — the transition to a proof-of-stake consensus mechanism from a proof-of-work setting — investors in ETH who hoped the pivotal upgrade would provide a financial lift have been left with shrinking returns on investment. Ether's price has underperformed Bitcoin (BTC), BNB, and even Solana (SOL) since the September 15, 2022 merge day.

Solana's declining fees risk pushing smaller validators out, exacerbating longstanding centralization concerns.

Like Bitcoin and other top altcoins, Solana continues to sell off at press time, rewinding losses of the first part of the year. At press time, SOL, the native currency of the smart contracts platform, is trading at around $130, retesting a critical support level.

Shiba Inu is one of the altcoins that have been hit, especially in the crypto market crash, seeing a substantial decline from its 2024 highs. However, this has not deterred community members from their mission of trying to reduce the meme coin's supply through burning.

Explore September's forecast for memecoins like Pepe (PEPE), Dogecoin (DOGE), Shiba Inu (SHIB), FLOKI, and Dogwifhat (WIF). Analyze price trends, resistance levels, and market sentiment to understand the potential rise or fall of these popular digital tokens.

Sonic SVM announced the public sale of HyperFuse Nodes, marking the first node sale within the Solana ecosystem. According to a press release shared with crypto.

Technical price charts help unlock Shiba Inu's secrets: here's how SHIB price could reclaim its 2024 highs.

Bitcoin bears have pulled the price below the support of the range, starting a potential downtrend toward $49,000.

Solana (SOL) is currently trading in the red, impacted by a general bearish market sentiment, but an analyst has outlined the token's potential path to new highs.

With the latest mixed signals from Solana price, expectations are high about a drop soon to below $100. How likely to happen this September?

Solana (SOL) has presented a buying opportunity for those looking to trade against the market trend.

TL;DR Sonic SVM will launch a sale of 50,000 HyperFuse nodes valued at $12.8 million, starting the week of September 16, 2024. The sale aims to fund the development of the gaming platform on Solana and will offer token rewards to buyers.

Solana blockchain's native cryptocurrency, SOL, seems to be set for a rebound, given its recent market outlook. Su Zhu, the cofounder of Three Arrows Capital (3AC), highlighted the potential for SOL in an X post.

Meme coin Shiba Inu now finds itself trading between a narrow range of $0.000013 on the support side and $0.00001370 on the resistance side in the past 48 hours. This consolidation price action has emerged after a decline that saw SHIB fall from $0.00001600 in the last week of August.

Over the past 24 hours, the Solana price has experienced a notable decline of 3.69% amid a wider market downturn.

The price of Solana (SOL) has dropped to the bottom of its chart, continuing its sideways pattern. Price analysis by Coinidol.com.

In this bearish market sentiment, the majority of cryptocurrencies have experienced notable price declines. Amid this, a crypto expert hints that Solana (SOL) is flashing a buy signal.

The world of cryptocurrency is no stranger to whales making big moves, and recently, Shiba Inu (SHIB) whales have taken a keen interest in a new rising star in the meme coin space: Mpeppe (MPEPE). With the success of Shiba Inu (SHIB), these large-scale investors are doubling down by diversifying into Mpeppe (MPEPE), a promising new casino and gaming token that is rapidly gaining momentum.

Sonic SVM, the Solana-based blockchain gaming-focused Layer-2 infrastructure company, has announced the imminent launch of its long-awaited HyperFuse Node sale.

Render joined Solana as top performer, helping boost the index by 1%.

TL;DR In August, most crypto assets experienced significant declines due to market volatility and macroeconomic factors, such as the collapse of the yen carry trade. Ethereum performed particularly poorly, with its value falling 24%, while Bitcoin and Solana also suffered considerable losses.

The project is taking advantage of an increasingly popular fundraising method known as "node sales" just months after a traditional $12 million fundraise.

With its market capitalization currently falling below the $8 billion mark, Shiba Inu has suffered yet another serious setback. The meme coin's prospects appear bleak as it attempts to regain traction on a market that is lacking purchasing interest, as indicated by this significant support breach.

With the whole crypto market on tenterhooks, and the U.S. non-farm payroll data expected later on Friday, sentiment is still decidedly bearish. That said, isn't it at times like these that bottoms occur?

The crypto space is now getting ready for a big altcoin bull run. This is because whales are stockpiling many crypto coins. However, only three of them are getting the most attention: Ethereum (ETH), DTX Exchange (DTX) and Solana (SOL).

This offering bridges the gap between digital assets and everyday purchases through Solana wallet integration. It extends its reach to over 90 million Mastercard merchants worldwide.

The official social media marketing lead of the Shiba Inu development team, famous in the cryptocurrency community under the pseudonym Lucie, has made a crucial public statement about the importance of the BONE token for “everything SHIB builds on Shibarium.”

Latest updates on SHIB, ADA, and HNT coins.

Shiba Inu (SHIB) price has been consolidating in a tight range since early August, fluctuating between $0.00001462 and $0.00001304. Despite a generally bearish market sentiment, SHIB has managed to stay above its support level, largely avoiding a major price drop.

After a weeklong drawdown in the price of most digital currencies, altcoins like Shiba Inu (SHIB) are now pulling all their weight toward a trend reversal. For the meme coin, it is choosing to lean on its daily burn rate, which is its deflationary metric that has triggered an uptick today.