Solana breaks 75M monthly active addresses. Will SOL overcome $132 resistance or face more downside?

As it approaches the apex of a symmetrical triangle pattern, XRP is getting closer to a pivotal moment in its price movement. This pattern frequently signals substantial volatility, and XRP might be preparing for a significant move higher.

Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana's inability to keep up with the market's recent surge.

Solana has revealed a major update for the developers, cutting costs by 1000X for them. In a recent update, the leading crypto player announced that the ZK Compression is live on its mainnet now.

The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL).

In a new X post, on-chain sleuth ZachXBT revealed that several large accounts on X have been compromised and promoting a Solana memecoin scam with the ticker $HACKED. Community Alert: A number of large accounts on X currently have their account compromised and are posting a meme coin scam.

Church of Smoking Chicken Fish evolved from a memecoin into a church. Now, it faces infighting and rug-pull accusations.

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Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market's direction.

Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market

Solana has been one of the top-performing assets in recent years, establishing itself as a suitable choice for trading and long-term investment. Following a six months consolidation, the Solana price prediction is positioned for directional rally leaving investors curious—what could a $5,000 investment in this altcoin turn into if the SOL price surged by 1,000%?

As the cryptocurrency market expands, investors are constantly on the lookout for the next major opportunity. While popular crypto assets like XRP and Solana (SOL) have gained traction due to their established ecosystems, experts believe a lesser-known token, Rexas Finance (RXS), could offer even greater returns in a shorter period.

Matt Hougan remains optimistic about Solana ETFs despite multiple setbacks.

Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom's fundamentals, which have sparked a positive sentiment among investors.

Cryptocurrency markets are known for their volatility, and recent predictions from noted analyst Altcoin Sherpa add another layer of uncertainty. Sherpa's latest forecast for Celestia (TIA), a modular blockchain network, suggests that the token might soon dip below $1.

The crypto market continues hovering close to its valuation of $2.05 Trillion mark, indicating stability in the crypto space. Moreover, the market leader, Bitcoin price had reclaimed the $60K mark during the early Asian trading hours. This highlights increased price action.

Currently trading at approximately $132, SOL has experienced slight volatility due to broader market uncertainty, particularly surrounding anticipated interest rate cuts. However, the developments surrounding Solana could indicate an impending breakout.

Fantom (FTM) price is sustaining a bullish trend, despite some fluctuations in the market. Currently, the price is stable around key support levels, reflecting market volatility.

This new feature allows institutions to stake their SOL safely while earning rewards, all through an off-exchange settlement process. In other words, they can keep their SOL secure with Binance's partner, Ceffu Global, and still enjoy the benefits of staking.

Pastor Kelby has been ousted from the Church of the Smoking Chicken Fish, following a number of allegations surfacing.

The price of Cardano has dropped by 1% today, with ADA falling to $0.3304 as the cryptocurrency market as a whole barely moves in the past 24 hours.

DePIN refers to physical infrastructure networks built using blockchain technology and token incentives which other projects can use without having to buy and run their own equipment.

Solana has fallen by 1.5% in the past 24 hours, with the SOL price moving to $130 as Bitcoin gains by over 2% today and most other major alts suffer similar drops.

Berachain was among the most hyped crypto projects at Token 2049, as investors are awaiting its mainnet launch before the end of 2024.

MagicBlock has raised $3 million in pre-seed funding to advance its onchain gaming engine, backed by Andreessen Horowitz.

Sonic SVM, a key player in the Solana Virtual Machine (SVM) ecosystem, has announced the public sale of its HyperFuse Nodes, according to the most recent updates shared with Finbold on Wednesday, September 18.

Solana's price has fallen below a key support level, closing several daily candles under the 200-day EMA for the first time since September 2023.

Bitcoin (BTC) is back above $60,000 after registering an increase of over 3% in the past 24 hours as optimism around a Fed rate cut grew. Other cryptocurrencies, including Ethereum (ETH), Uniswap (UNI), FET, SUI, Aptos (APT), and Bittensor (TAO), registered notable gains.

Cardano has overwhelmingly won the vote on which altcoin has the best technology according to a recent survey by Weiss Crypto, a reputable ratings agency for cryptocurrencies and financial organizations. Cardano received more than 76% of the votes significantly surpassing both Ethereum (6.7%) and Solana (8.1%).

Avalanche (AVAX) is generating buzz among traders and investors as it appears poised for a significant rally. Recent market developments suggest that AVAX could reach the $40 mark and possibly go even higher.

Avalanche (AVAX) price has moved sideways this month as it continued underperforming other cryptocurrencies like Tron, Toncoin, Bitcoin, and Mantra. It was trading at $23.63, down by more than 63% from its highest point this year, giving it a valuation of over $9.5 billion.

Justin Bons, CIO of Cyber Capital, strongly dismissed comparisons between Solana and Terra Luna, arguing that Solanas inflation control and burn rate make it a much more sustainable project. He highlighted Solanas resilience amid recent criticisms.

AVAX is poised for a surge as new insights come to light.

Filament, Sei Network's native derivatives DEX, secures $1.1 million in seed funding led by Lingfeng Innovation Fund to enhance its trading platform.

A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that.

Inflows to Solana investment products totaled $3.8 million last week, suggesting rising demand.

Phantom announces a new username feature, allowing users to send crypto easily.

Celestia experiences strong price growth and market cap rise, but negative funding rates signal caution in the derivatives market. Will the upward momentum continue?

A crypto project that made waves last year with its iris-scanning technology has made its way to a new blockchain. According to a new blog announcement from Sam Altman's Worldcoin (WLD), the identity-focused project is making the jump to Solana (SOL) via the Wormhole interoperability platform.

Today, Cyber Capital founder and CIO Justin Bons came to the defense of Solana (SOL). He addressed concerns that have emerged regarding its economic design.

Solana (SOL) price has been struggling amid a bearish trend across the broader cryptocurrency market. However, the underlying fundamentals show strength and could support a price rebound.

Avalanche (AVAX) price, a layer one blockchain, has recently witnessed a notable increase in value, aligning with a bullish trend across the sector. The market is optimistic, anticipating further advances as AVAX demonstrates a robust recovery.

Solana price showed a modest 0.65% surge during the Tuesday market recovery to trade at $132. Despite the uptick, the daily candle shows a long-wick rejection, indicating the pressure of overhead selling and the potential for further correction as the death cross approaches.

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Fantom's (FTM) 9% price surge in the last 24 hours has positioned it as the top performer among the top 100 cryptocurrencies by market capitalization. This rally is not fueled by speculation alone — it is backed by strong demand, evidenced by a sharp rise in trading volume.

dYdX's move into prediction markets could significantly boost DeFi's appeal and market share by offering unique, leveraged trading opportunities. The post dYdX prepares to bring perpetual futures to prediction markets appeared first on Crypto Briefing.

dYdX is expanding into prediction markets with perpetual futures, introducing permissionless market listings. CEO Charles d'Haussy emphasizes the need for distinct features in DeFi.

Solana needs to hold above the crucial $120 support to avoid a potential correction below $100, according to market analysts.