The recent bearish momentum has made SOL critical, leaving traders wondering whether it will hold above this key support or slip further.

The Solana price has dropped by 6.5% today, falling to $135 as the crypto market as a whole loses 3% in 24 hours.

Whistleblower Edward Snowden has faced a backlash from the Solana (SOL) community following his remarks about the blockchain's alleged centralization during his keynote speech at Token 2049 in Singapore.

As the crypto market experiences a broad correction, Shiba Inu Coin (SHIB) and Solana (SOL) are also trading downward. Despite its strong fundamentals, Investors are left wondering how a potential surge in Solana's price to $2,000 could affect Shiba Inu's performance.

Cardano has recently experienced a sharp decline in price, leading to widespread discussions within the cryptocurrency's community. According to recent charts and community posts, there has been a nearly 18% decrease in ADA over the previous three months.

The crypto markets are plunging. The Bitcoin price is about to lose the pivotal support at $60,000. The growing uncertainties following the warlike situation between the two countries have heavily impacted the traditional financial markets and the crypto markets as well.

Solana continued its downward trend, falling for four consecutive days as a sea of red engulfed the crypto industry. Solana (SOL), the fifth-biggest cryptocurrency, retreated to $135 on Thursday, Oct. 3, its lowest point in over three weeks.

As is now known, the SEC has officially appealed its case against Ripple following a historical ruling on Aug. 7, in which Ripple was ordered to pay a $125 million civil penalty, which was a lot less than the $2 billion the regulator was asking for. The motive is that the district court's decision goes against long-standing Supreme Court precedents and established securities laws.

The 2024 U.S. presidential election looms, discussions about its impact on the cryptocurrency market have taken center stage. Among the voices weighing in is Eric Balchunas, a notable analyst at Bloomberg.

The cryptocurrency markets continued to drop for the second day in a row, with major cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), firmly entrenched in the red. BTC slumped to a low of $60,031 before recovering and is currently trading around the $61,300 mark.

Edward Snowden, whistleblower and privacy advocate, sharply criticized Solana's approach to blockchain at the Token2049 conference in Singapore. His remarks reignite the debate over the delicate balance between performance and decentralization in the crypto ecosystem.

Solana (SOL) is trading lower after reaching resistance at $160. Since the August 5 price drop, the cryptocurrency has been trading above the $120 support but below the moving average lines or resistance at $160.

Solana (SOL) declines over 14% in early October amid geopolitical tensions, centralization concerns, and weakening market sentiment, with futures data pointing to further downside risk.

The long-awaited testnet for Cardano's privacy protocol, Midnight Network, has finally gone live. However, it has failed to reignite interest in the blockchain's native coin, which continues its downward trend.

Discover insights on restaking in Solana, BNB, and Ethereum, blockchain networks: yields, risks, and staking strategies for crypto investors.

Solana's decentralization status has been re-examined by the community after Snowden's remarks.

Edward Snowden's criticism of Solana's centralization at a crypto conference reignited a debate within the blockchain community, prompting defenses from Solana supporters and highlighting ongoing competition between different blockchain ecosystems.

Is Solana (SOL) poised to reach the $300 mark? If you've observed this famous blockchain, you may have already experienced the hype that surrounds it. But is it a crypto with promising ROIs?

SOL price has been affected by the ongoing market decline and has potentially abandoned the anticipated bull pennant breakout. However, the pattern is still valid, and a little more consolidation between $130 and $161 should allow it to remain viable for a breakout.

The crypto prices today have shown a set of mixed price actions, sparking investor speculations globally. Bitcoin (BTC) price rested at the $60K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices followed with a waning trajectory.

Cardano price started a fresh decline from the $0.3850 resistance. ADA is consolidating above $0.3350 and might attempt a recovery wave.

A crypto that drops like Cardano? It's not the end of the world, just 11% in 48 hours.

An influential member of the Solana (CRYPTO: SOL) developer ecosystem has openly challenged renowned whistleblower Edward Snowden to prove his claims about the blockchain's centralization, sparking a heated debate in cryptocurrency circles. What Happened: Mert Mumtaz, CEO of Solana-based developer platform Helius, took to X to challenge Snowden's assertion that Solana is a centralized network and asked him to provide concrete data to back the claim.

Edward Snowden, the renowned whistleblower and privacy advocate, made sharp comments about Solana during the TOKEN2049 conference in Singapore. After delivering his speech, titled “The Next Threat to Speech,” Snowden engaged in a Q&A session where he criticized Solana's architecture, expressing concerns about its centralized nature and the types of projects it facilitates.

Like Bitcoin, Ethereum, and other top altcoins, Solana remains under immense selling pressure. While bulls struggle for momentum, $160 is emerging as a local resistance level for traders to watch out for.

Whistleblower Edward Snowden took aim at Solana, renewing an old debate—and prompting SOL believers to defend the network.

Dogecoin's price has taken a big step, back falling by 18% from its peak on Saturday. Dogecoin's brief surge has come to an end with this pullback, and the most recent chart data shows that it is currently trading at $109.09, approximately.

BNB Chain has positioned itself to rival Solana and Tron with a new memecoin launch platform.

Cardano approaches a milestone moment, the crypto community is buzzing with anticipation over the unlocking of 18.53 million ADA tokens on October 2, 2024. This release, representing 0.5% of the total ADA supply, coincides with the network's seventh anniversary and its approach to an impressive 100 million transactions.

It's been a rough start to October for SOL, with the Solana price down roughly 8% already as Middle Eastern tensions ramp up.

Bitcoin's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.

Edward Snowden warns Solana's 'faster, cheaper' approach creates dangerous centralization risks for users.

Solana (SOL) price is down 6% in the last 24 hours, catching the attention of investors. Technical indicators like the Relative Strength Index (RSI) suggest the cryptocurrency may be approaching oversold territory, indicating a possible reversal.

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Edward Snowden criticizes Solana for centralization, sparking debate over its blockchain model and governance. The post Snowden calls Solana a centralized chain used for ‘meme coins and scams' appeared first on Crypto Briefing.

Altcoin prices crumbled as Bitcoin fell to $60,000, but charts suggest buyers could step in soon.

Solana (SOL) is currently trading near a critical support zone at $145, following a 26% surge since the Federal Reserve announced interest rate cuts on September 18. After this sharp rise, SOL experienced a slight 10% dip, but the overall market sentiment remains optimistic.

As more people embrace cryptocurrencies, blockchain platforms are enhancing their features to accommodate growing user needs. BNB Chain is working to make stablecoin transactions quicker, less expensive, and simpler. Simultaneously, Solana is advancing towards potentially equaling Ethereum's market share, bolstered by its efficient processing power and expanding ecosystem.

Cardano (ADA) is under significant selling pressure, trading down by 6.46% at $0.3498, with investors hoping for a recovery above $0.37, bringing a large number of investors back into profitability.

The potential return of Donald Trump to the presidency could substantially impact the approval of cryptocurrency exchange-traded funds (ETFs), particularly for XRP and Solana. The regulatory environment for these digital assets, which have been criticized for quite some time now, may be more favorable as a result of the Trump administration, according to Bloomberg analyst Eric Balchunas.

Charles Hoskinson, co-founder of Ethereum and founder of Cardano, was recently awarded in the city of Zug, Switzerland, for his pioneering contribution to the creation of the Crypto Valley and for the transformative impact he has had on the city and the global economy.

Router Protocol, a Coinbase Ventures-backed decentralized blockchain network, is improving cross-chain functionality through a new integration with Solana.

The short-term market sentiment was bearish, but there is a chance for recovery.

Cardano (ADA) completed its first green September in six years as the coin enjoyed a price gain of almost 8%. This is significant as the crypto could enjoy an extended rally in October, leading to more price gains for Cardano.

With crypto adoption and NFT sales gaining momentum, the need for reliable wallets to manage these assets is becoming increasingly crucial. Platforms like OKX Wallet and Plus Wallet are stepping up to meet this demand. OKX Wallet's latest update enhances Solana wallet management, offering users the ability to reclaim unused funds.

Input Output, a blockchain research and development company, announced that co-founder and CEO Charles Hoskinson received an award at the ETH10X event in Zug, Switzerland.

Solana's total value locked has reached approximately $5.5 billion, a multi-month high, according to DefiLlama.