The Sui (SUI) bulls remain very much in control on the eve of Christmas Day 2024, with the price last around $4.60, only just below the record highs it hit near $5.0 earlier in the month. The post Sui (SUI) Price Analysis – Break Above $5.0 Imminent as On-chain Activity Booms appeared first on Cryptonews.
Solana (SOL) reached a new daily transaction record, handling 72M transfers, despite a 37% transaction failure rate. Solana gets a boost from meme token activity and the spike of Pengu (PENGU) trading.
Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu.
Sonic SVM, the developers of one of the first tap-to-earn (T2E) games available on TikTok, announced that users of the video-sharing platform will also be eligible to receive a portion of its $SONIC airdrop. In a relatively short period, the SonicX game managed to attract over 1 million users after a month of its launch.
Solana‘s (CRYPTO: SOL) growth over the past two years, marked by a staggering 2,143% price increase, is rooted in a substantial $55 billion influx of new capital, according to a recent analysis by Glassnode. The report, released earlier in the week, delves into the network's underlying dynamics, revealing robust investor demand that, despite profit-taking, hasn't reached levels traditionally associated with market tops.
The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.
Rare buy signal on Solana charts hints at rebound as traders eye $250 breakout!
Toncoin (TON) has recently tested a crucial support level around $4.80. This level, established over the past eight months, has proven resilient.
As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.
Solana (SOL) price reached a new all-time high on November 22 but has been in a corrective phase since, currently trading 27% below that peak. Recent technical indicators highlight mixed signals, with bearish momentum showing signs of easing but still dominating the market.
Solana (SOL) is showing early signs of a potential rebound, supported by its current technical setup.
Recent trading activities reveal that Solana (SOL) is showing signs of renewed strength as its price stages a notable recovery. After enduring a period of bearish dominance, SOL has found support at $164, sparking optimism among market participants.
SUI was among the top gainers on Tuesday as cryptocurrencies attempted recoveries after last week's double-digit declines. The altcoin gained over 5% within the previous day to reclaim the psychological mark at $4.50. With the total value locked (TVL) maintaining uptrends over the past month, SUI's price displays stability.
Solana, like a Phoenix, rises from the ashes of FTX. With a 2,000% increase, it makes Bitcoin and Ethereum look outdated, showing record volumes and spectacular inflows.
Solana price today trades at $191 after falling by 27% from the year-to-date high $264. This crash has coincided with the recent crypto crash that has pushed Bitcoin and most altcoins sharply lower.
Toncoin's Sharpe ratio signals a potential market recovery as it declines from its yearly peak.
XRP, SUI, and HBAR key technical patterns signal bullish breakouts, potential consolidation, and critical price targets as Bitcoin price stagnates.
The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.
In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month. Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.
More allocation, more ETPs? The momentum behind crypto ETFs reflects a maturing market ready to take its next big leap in 2025.
Sui Network's DeFi ecosystem saw significant growth in 2024, with increased institutional interest, stablecoin offerings, and innovations like DeepBook V3 and Sui Bridge.
Amid the ongoing crypto correction catalyzed by the Bitcoin (BTC) price drop below $94k, the Toncoin (TON) price has retested a crucial support level of around $4.8, which has been established in the past eight months. The large-cap layer-one altcoin, with a fully diluted valuation of about $27.
5 small-cap cryptocurrencies are poised to outperform Solana and TRX by 2024, offering remarkable growth potential. #partnercontent
The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.
Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.
Solana GameFi network Sonic will airdrop free tokens to TikTok users for joining its crypto game.
In a sea of noise, the real winners of Web3 will be those who turn raw on-chain data into actionable signals for sustainable growth.
Hyperliquid's HYPE, following its billionaire airdrop, surged to a new all-time high on December 21 before entering a steep correction. Meanwhile, RENDER, the leading AI-focused token, has seen a sharp 20% decline over the past week, with its market cap falling to $3.7 billion.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
The US Securities and Exchange Commission (SEC) looks likely to approve a Solana exchange-traded fund (ETF) under Donald Trump's administration. With this Solana ETF approval looking imminent, there are tokens that are ready to enjoy a 5x price increase once this happens.
The price of Sui has dropped by 3.5% in the past 24 hours, yet traders are predicting that it will continue growing as its platform looks to rival Solana. The post Sui Is Down but Analysts Say It's Gearing Up to Become the “Next Solana” appeared first on Cryptonews.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Solana's continued doing well in December, as meme coins helped it gain market share against Ethereum and other blockchains. According to DeFi Llama, Solana's (SOL) protocols in the decentralized exchange industry were the most active in December.
Solana (SOL), the world's fifth-largest cryptocurrency by market cap, has experienced a notable price decline in recent days.
Last week, digital asset investment products continued to attract inflows, totaling $308 million. However, these inflows obscure one of the largest single-day outflows, recorded on December 19, with a total of $576 million. In the last two days of the previous week, global outflows reached $1 billion.
Solana has rebounded by 0.5% in the past hour, with the coin in a position to recover strongly from its losses over the weekend. The post Solana Rebounds From $175 Low – Could This Be the Launchpad to $300? appeared first on Cryptonews.
Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain mini apps that were built inside Telegram.
Fear and uncertainty fill the Solana (SOL) meme coin scene! Tokens like Dogwifhat (WIF) and Bonk (BONK) are bleeding value, leaving many investors frustrated and anxious. Once the darling of internet culture, these coins have seen their prices plummet, sparking questions about their future.
On the same day, two prominent companies have gained recognition for their market performance and strategic initiatives. MicroStrategy, the business intelligence firm known for its substantial Bitcoin holdings, has entered the prestigious Nasdaq 100 index.
Solana (SOL) is navigating a turbulent period after facing a significant 33% correction from its all-time high at $264, reached in late November. Despite the sharp pullback, Solana demonstrates resilience, offering investors a promising long-term outlook.
In a gradually weakening crypto market, a recap of Toncoin reveals a commendable growth story.
Since its launch, Solana has distinguished itself as one of the most innovative blockchains in the industry. With its execution speed and some of the lowest transaction fees, it has attracted a dynamic ecosystem of developers and users.
Pay3 Limited is proud to announce the launch of its digital payment platform designed to transform how Telegram's global user base interacts with digital assets. The solution aims to simplify cryptocurrency transactions within the TON ecosystem while expanding accessibility to decentralized finance.
Solana price a layer one crypto has witnessed a decrease recently, mirroring bearish trends across the crypto market. After November's bullish rally broke critical resistance levels, the token entered a corrective phase.
With Bitcoin ($BTC) potentially bringing its latest reversal to an end, the altcoins are primed to run. Solana ($SOL), Binance Coin ($BNB), and Theta Network ($THETA) are three likely candidates for breakouts.
The latest price analysis by Coinidol.com report, the price of Solana (SOL) has gone below the moving average lines reaching a low above the $171 low.