Under the crypto market's pressure, the Solana price declined to a month low before showing signs of recovery today. More importantly, SOL was among the first cryptos to recover from the dip, showing positive interest in investors.
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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Fantom (FTM) price is down over 12% in the last 24 hours as the network transitions to its new token, Sonic. This sharp decline has intensified FTM's ongoing downtrend, with technical indicators like the ADX highlighting strengthening bearish momentum.
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.
TL;DR Mo Shaikh, co-founder of Aptos Labs, resigns as CEO but will continue as the company's strategic advisor. The CEO position will be taken over by Avery Ching, co-founder and CTO of APT, to lead the company's next phase of growth. After Shaikh's departure, the APT token experienced a 12.4% drop, reaching $10.
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.
Tron (TRX) has made headlines recently by achieving remarkable milestones in transaction volumes, consistently outpacing other blockchains for three months in a row. However, despite these impressive transaction records, TRX's price has failed to mirror this growth, raising concerns among investors and analysts.
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.
In a significant leadership shift, Mohammad Shaikh, the co-founder and CEO of Aptos Labs, has announced his resignation to pursue new ventures. Avery Ching, the company's co-founder and Chief Technology Officer, will now serve as its CEO.
Bitget, a cryptocurrency exchange and Web3 company announced a partnership with Tron, a blockchain network known for its role in onchain settlement. Bitget Joins Forces With Tron According to the news shared with Bitcoin.com News, the collaboration includes Bitget‘s $10 million purchase of Tron's native token, TRX.
The crypto market recorded volatile trading this week, following a robust rally over the past few months. Bitcoin (BTC) and top altcoins like Solana (SOL), XRP, Dogecoin (DOGE), and others have recorded significant gains this year.
Parcl ($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.
Aptos Labs undergoes leadership transition as co-founder Mo Shaikh steps down as CEO, with fellow co-founder Avery Ching taking over amid market response and continued platform development.
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.
Digital assets traded largely in the red on Friday as Bitcoin failed to steady above $100K amid unwelcoming economic signals. The altcoin space continued to bleed, with most assets recording significant losses over the past day. Meanwhile, reports of Aptos Labs CEO quitting amplified APT's price volatility.
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.
Mo Shaikh, co-founder of Aptos Labs leaves the company as CEO “to start a new chapter.” The post Aptos Labs CEO Mo Shaikh Resigns, Continues to be Strategic Advisor on Board appeared first on Cryptonews.
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.
Aptos faces pivotal resistance as traders watch for a breakout to sustain its rapid growth.
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.
Tron records the highest number of transactions among blockchains for 3 consecutive months.
Mo Shaikh, CEO of Aptos, has resigned from his position. He named co-founder Avery Ching as his successor for the role.
Mo Shaikh, who co-founded the firm in 2021 alongside Avery Ching said he would stay on board at Aptos Labs as a strategic adviser.
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.
Mo Shaikh, co-founder and Aptos Labs CEO, has announced his resignation from the company. Shaikh will step down as CEO but will continue as a strategic advisor.
Aptos Labs co-founder and CTO Avery Ching will assume the CEO position to helm the firm's upcoming growth phase.
Mo Shaikh, the co-creator of Aptos, is leaving his CEO post at Aptos Labs. Fellow company co-founder Avery Ching will step in.