Bulls are trying to control the situation on the market despite sellers' pressure, according to CoinStats.
Cardano (ADA) price has significantly increased in the last 24 hours, following a broader market surge. The altcoin's positive trend comes amid increased investor interest as the cryptocurrency market rallies after the recent U.S. elections.
Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB's $85.6 billion.
Most of the coins might need some time to accumulate energy for a further move, according to CoinMarketCap.
This process, called “tokenization,” allows individuals to take physical items like art, securities, or even carbon credits. They can then convert these items into digital tokens on the blockchain.
With a market capitalization of $88.4 billion, Solana has moved into third place in the ranking of cryptocurrencies, displacing Binance Coin which has an $86.7 billion market capitalization. Will Solana now widen the gap?
BNB Chain's MVB Season 8 Demo Day highlights promising Web3 projects, featuring sessions from top innovators. The event offers networking opportunities and insights into future blockchain trends.
Multipli, a ZK-based yield protocol, wins the BNB Incubation Alliance at Binance Blockchain Week Dubai, securing a spot in the MVB program and access to BNB Chain's LaaS package.
In the past 24 hours, the price of Binance Coin (BNB) increased by 5%, which is indicative of a consistent upward motion. BNB, which just broke the vaunted $600 barrier, is attracting the market's focus due to indications of bullish momentum.
Solana (SOL) price appears poised for a breakout as bullish momentum gains traction, lifting the cryptocurrency to a three-month high. While consistent resistance has tested its upward drive, SOL now signals the potential for further gains, capturing the attention of investors closely tracking its movements.
Cardano's (ADA) price has recently surged by 10% in the last 24 hours, briefly sparking excitement among investors. However, this rally has brought ADA back to a familiar barrier: the $0.37 resistance.
Solana price rally has kicked off, eyes on $200 and a new ATH.
BNB Chain's participation in Binance Blockchain Week Dubai 2024 highlights its strategic initiatives to empower Web3 innovation, including the BNB Incubation Alliance and Most Valuable Builder program.
In October, Solana outperformed Ethereum in several key metrics. The token surpassed Ethereum in market share for decentralized exchanges, economic value, and liquidity inflows. Additionally, SOL demonstrated strong price performance, reaching over $180 on election day and flipping BNB.
The crypto market is rallying 6.8% following the US presidential elections, which made Bitcoin soar to a new all-time high (ATH). As a result, most of the market saw a green daily close, with Solana (SOL) recording a 15.8% surge in the last 24 hours and regaining a key support level.
Binance Coin surges 4.49% to $585.40 with strong trading volume and bullish momentum.
Cardano (ADA) is showing promising signs of recovery, as the behavior of its whale investors suggests a potential rebound. After recent declines, ADA has posted slight gains, with whales demonstrating long-term commitment to their holdings.
Key Level to Monitor: $545 The BNB/USD pair gained momentum as Trump won the US Presidential election. The pair surged more than $40 from yesterdays low of $543.
Solana (SOL) has officially overtaken BNB (Binance Coin) to claim the title of the 4th largest cryptocurrency by market capitalization. This milestone comes as the market experiences a broader surge, driven by Bitcoin's all-time high price.
The American political landscape is about to shift dramatically, and digital money will likely benefit from that movement.
Among the largest cryptocurrencies by market capitalization, Solana (SOL) has surpassed Binance Coin (BNB) to secure the fourth position. SOL has recently experienced a 14% increase, which has enabled it to surpass BNB.
Binance cryptocurrency exchange reached a new all-time high in open interest, surpassing $8.3 billion in crypto derivatives. This surge in activity coincides with a sharp increase in Bitcoin prices, which recently hit a historic high following Donald Trump win in the U.S. presidential election.
BNB Chain Tokenization opens a pathway for small businesses to tokenize assets like real estate, art, and company shares. Designed with compliance and security features, the tool supports entrepreneurs seeking to enter Web3 without extensive technical skills. Partners like BitBond reinforce its secure ecosystem. The post BNB Chain Launches New Tokenization Tool for Small Businesses appeared first on Cryptonews.
According to financial services firm Standard Chartered, real-world asset tokenization could reach a $30 trillion market cap by 2030.
Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
BNB Chain has launched a tokenization solution aimed at helping individuals and small businesses onboard to web3.
Popular smart contract network Cardano (ADA) has launched node 10.1 in a critical release ahead of the upcoming Chang 2 hard fork, which will bring significant upgrades to the network's governance system, including completing the transition to on-chain governance.
In just 24 hours, Cardano added over $1 billion to its market capitalization.
TL;DR BNB Chain launches a tokenization service that allows companies and users to transform real assets into digital tokens without requiring technical expertise. The platform enables SMEs to issue their own tokens, improving liquidity and offering new ways to engage with customers.
Solana's native token, SOL, has recently surpassed Binance Coin (BNB) in market capitalization, securing the fourth spot among the largest cryptocurrencies.
Cardano (ADA) has experienced a notable price surge over the past 24 hours following a market rebound in the wake of the U.S. elections. As buyers show renewed interest, the proof-of-stake blockchain platform continues to see upward momentum.
BNB Chain, Binance's blockchain ecosystem, has launched a new asset tokenization portal focused on real-world assets (RWAs) and private companies. This service aims to provide low-cost access to a growing market.
Solana's climb has now placed it as the fourth-largest cryptocurrency position, following only Bitcoin (BTC), Ethereum (ETH), and Tether's USDT.
TL;DR Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, with Solana's market cap at $86.8 billion compared to BNB's $83.1 billion. Solana's growth is driven by increased on-chain activity and higher transaction fees, with its decentralized exchange Raydium generating over $3 million in fees within 24 hours.
Cardano (ADA) has emerged as one of the assets showing intriguing signs of a potential bullish reversal. After enduring a brief three-day bearish stretch, the price of Cardano is now testing crucial support zones, leaving analysts to speculate whether the asset is primed for a double-bottom reversal that could push the price higher, potentially reaching $0.41.
SOL's market capitalization has outperformed BNB's, claiming the fourth position among the top largest cryptocurrencies by market cap. According to live data from CoinMarketCap, Solana's SOL has performed impressively in the last 24 hours, recording a gain of 15.41%.
Latest updates on ADA, XRP, and CRO coins.
Solana's valuation swelled to $87.3 billion, joining other altcoins like Dogecoin in posting double-digit gains amid a general market uptrend.
An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL's prices.
Market activity suggested that ADA was regaining momentum.
Unlock date - Nov 6th 2024 Number of tokens unlocked- 18.53 million ADA (0.05% of its circulating supply) Current Circulating Supply - 35.74 billion ADA Previous token unlock - Oct 2nd, 2024 Cardano is a blockchain platform for change-makers, innovators, and visionaries, with the tools and technologies required to create possibility for the many, as well as the few, and bring about positive global change. Token Distribution Staking and Treasury fund reserve - 18.
The cryptocurrency market continues to feel the pressure of uncertainty, with the price of many altcoins, including Cardano (ADA), facing continued consolidation. Despite the fluctuations seen in the broader market, Cardano's performance has been especially lackluster, leaving many traders wondering whether it will ever see a breakout or remain stuck in a prolonged downturn throughout 2024.
The Cardano (ADA) price is set for major volatility as the outcome of US election day looms and the discussion surrounding the Cardano Foundation's budget proposal heats up. The post Cardano Price Set for Major Volatility as Foundation Plans 500M ADA Sell – What's Going On? appeared first on Cryptonews.
Bitcoin's resilience may keep crypto unaffected by the 2024 US election. Economic trends, and not political shifts, drive crypto growth and long-term value.
Cardano (ADA) price is facing sustained downward pressure, with multiple technical indicators pointing to a strong bearish trend. The ADX suggests that this trend has intensified recently, confirming that sellers hold control of the market.
The cryptocurrency landscape is pivotal as Ripple's case with the SEC ends. This development places XRP Rivals in the spotlight, especially as the U.S. presidential election approaches.
In October, Cardano (ADA) reached an important milestone, with a huge increase in transaction volume. Recent reports indicate that the network experienced record-high transactions, showing a growing interest in the Cardano ecosystem.