Solana (SOL) is now trading at a critical juncture following last week's market surge. The token has climbed over 20% from its recent local lows, now testing a crucial supply level around $150.

A new report projects that Solana (CRYPTO: SOL) could see its market value surge to $330, capturing 50% of Ethereum's (CRYPTO: ETH) market cap. What Happened: The report by MarketVector, a thematic index provider backed by VanEck, highlights Solana's superior performance metrics and suggests that the cryptocurrency is significantly undervalued compared to Ethereum, presenting a major investment opportunity.

DefiLlama's Dex data revealed that Solana had outperformed Ethereum's Dex volume for the second time in a week. According to DefiLlama's data, Solana's Dex volume surpassed Ethereum's Dex volume by approximately $0.01B in the last 24 hours.

Solana's potential rise to 50% of Ethereum's market value could significantly alter the competitive dynamics within the cryptocurrency market. The post Solana could hit 50% of Ethereum's market value, predicts VanEck appeared first on Crypto Briefing.

Should that happen, SOL's price could more than double, according to the current numbers.

Google Cloud has joined forces with Solana Labs to launch GameShift, a new API designed to make it easier for developers to integrate Web3 features like non-fungible tokens (NFTs) and digital assets into their traditional Web2 games.

Solana has successfully reclaimed what appears to be the critical level that set it on its path to $260 in 2021. Hitting this price suggests that SOL could retest its all-time high (ATH).

Solana meme coin, Mother Iggy (MOTHER) has reclaimed $100 million market cap, which was last tapped on 27th July. Since then, MOTHER/SOL had dipped lower and consolidated throughout the month of August, until 8th September when it started surging again.

Solana has been one of the hottest chains, probably more than Ethereum or Bitcoin, as the platform has been tremendously active. The activity on the platform surged massively which raised the possibility of rising above the pivotal resistance at $150.

VanEck has expressed optimism about Solana market cap to reach 50% of Ethereum.

The CoinGlass data shows that the POPCAT open interest has surged by 13%, reaching its all-time high of $106 million showing strong trader interest for the Solana meme coin.

Solana has the potential to reach 50% of Ethereum's market cap according to a recent report by VanEck's subsidiary, Market Vector. Over 3,000% more transactions get processed on Solana network as compared to Ethereum, with over 1,300% higher number of daily active users.

Amid the ongoing bullish recovery in the crypto market, the Solana price has successfully reclaimed the $150 mark. Moreover, the altcoin is on the verge of testing its important resistance level of $155, indicating increased price action in the crypto market.

XProtocol's crypto-powered Android phone will launch later this year, with the XForge priced at just $299.

In the cryptocurrency community, Solana (SOL) and Cardano (ADA) have been on people's lips as they are expected to offer 2-3x returns in the foreseeable future. As per the latest information, Solana is trading at $146.88 after gaining an 18.80% bounce from a strong support level of $128.40 which stood for a few days.

One can notice that Rexas Finance (RXS) is unique in its approach when it comes to the current cryptocurrency challenges owing to its focus on Real World Asset (RWA) tokenization.

Bitcoin (BTC) and Ethereum (ETH) continued to climb after witnessing a slight correction on Tuesday as the crypto market rally continued. BTC is within touching distance of $65,000, and ETH is close to the $2,700 mark.

Popcat (POPCAT) price, a Solana-based altcoin, has recently experienced a significant increase in its market value, mirroring broader market trends. Currently, the Popcat price shows a bullish pattern as the overall market momentum continues to build.

The co-founders of Hivemapper, Helium and Helio discuss projects on the Solana blockchain and bringing crypto to real life.

Solana price increased by 14% in the past week as the overall market surged back up following Bitcoin's recovery. The successful Solana Breakpoint conference in Singapore had no shortage of announcements that might have contributed to the price surge over the past week.

Solana based meme coins are on fire this year as dog and cat themed tokens record massive returns for their holders. These meme cryptos have finally managed to steal the spotlight while the market approaches the final quarter of the financial year.

Popcat (POPCAT), the cat-themed meme coin built on Solana, has reached a new all-time high (ATH). This growth signifies the ongoing excitement around meme coins as the broader market appears to be moving back fully into the bull cycle.

A Solana-based meme coin boosted by Moo Deng, a viral pygmy hippo native to Thailand, saw its market cap surge to over $80 million in less than two weeks.

Cryptocurrency Prices: The cryptocurrency market reflects positive sentiment today, with the global market cap advancing by 1.89%, reaching $2.26 trillion. The Fear & Greed Index stays neutral at 53, suggesting a balanced market. Bitcoin has been the talk of the market, posting a 2.16% increase to $64,412.32.

The cryptocurrency market is set to enter the last quarter of the financial year, and memecoins have already been the star performers. What happened: A plethora of tokens inspired by dogs and cats have netted massive returns to their holders year-to-date.

Popular Solana meme coin POPCAT has showcased a massive surge in the last 24 hours, hitting a $1 billion market cap. Per the latest CoinMarketCap data, POPCAT has hit a major milestone of $1 billion market cap.

The cryptocurrency market is once again capturing attention as significant movements in major coins hint at shifting dynamics. Recently, Solana (SOL) experienced a notable price drop that may seem alarming at first glance.

A closely followed analyst and trader thinks that altcoins are gearing up to have their time under the sun and outperform Bitcoin (BTC).

Solana (SOL), the fifth-biggest cryptocurrency by market cap appears bullish and poised for a massive upside rally following its consolidation breakout. After consolidating in a tight range between $141 and $150 for the last five days, SOL has finally broken out of that zone and is now ready for the rally.

Dogwifhat (WIF) stands as the largest meme coin on Solana, though it still lags behind DOGE, SHIB, and PEPE. Recently, WIF price saw an 11% increase in value within 24 hours, yet its social dominance remains relatively low.

The cryptocurrency market often adopts a bullish outlook during Q4, providing potential buyers with promising investment opportunities. As we enter October, here are three Solana-based coins that could offer massive returns, with the potential to turn a $100 investment into $10,000.

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The latest weekly digital asset fund flows from CoinShares shed light on the ongoing dynamics among institutional investors when investing in altcoins such as XRP, Solana, and Cardano.

Google Cloud and Solana Labs have partnered to drive the future of Web3 gaming with the launch of GameShift service.

Solana's hottest new GambleFi token, Mega Dice ($DICE) has raked in almost $1.9 million so far in an ongoing presale that will end in five days.

The new “Gameshift” service will serve as a Web2-to-Web3 bridge for developers.

The internet's favorite baby pygmy hippo has gone viral and inspired meme coin that's already soared past a $70 million market cap.

Explore top cryptocurrencies projected to yield high returns by year-end. Learn about their make-up, projection methodologies and how investors can potentially earn up to 500% return on investment.

Most of the coins are in the green zone, according to CoinMarketCap.

The price of Solana (SOL) is in an uptrend after rising above the moving average lines on September 19.

This month, the Solana (SOL) network has seen a surge in demand, with daily active users and new user counts skyrocketing. With just six days remaining in September, the month is on track to be Solana's busiest in terms of user activity since the start of the year.

Travala, an online travel booking platform utilizing cryptocurrency, has enhanced its payment options by incorporating major tokens from the Solana blockchain.

Sanctum brings the Cloud Card—SOL card, the first debit card built on Solana, in partnership with Jupiter Exchange and BasedApp. Unlike the standard debit card, this card improves how customers spend SOL and stablecoins.

In a recent tweet, Lunar Crush revealed that Solana has had more total social engagements than ETH in the last six months. The data comes from multiple social channels and shows the top altcoins, TON, DOGE, XRP, and BNB, following the trend.

A bullish reversal pattern hints that Solana could rally and reach the $175 mark soon.

At Breakpoint 2024, there was plenty of tea being spilled by Solana native projects with betas to launch and news to share.

Bitcoin (BTC) surged past $64,000 on Monday, rising to a high of $64,400 before dropping to its current levels. The world's largest cryptocurrency has been up over 8% during the past seven days as it continues its rally following the 50 bps rate cut by the Federal Reserve.