Though BTC has received the most attention with its march toward $100,000, other coins and tokens have also been moving, and Solana (SOL) has even managed to reach a new all-time high (ATH) in market capitalization earlier in the week.
The crypto-focused asset manager Bitwise took an initial step toward launching a SOL ETF yesterday when it registered a statutory trust in Delaware. Bitwise becomes the fourth firm to show interest in a spot SOL ETF following earlier filings from VanEck, 21Shares and Canary Capital.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
TL;DR Solana (SOL) reached a new all-time high of $263.70 on November 22, 2024, marking a significant recovery from its low of just above $10 in December 2022.
Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.
A user tried to generate a bot to snipe meme coins on Pump.fun. The code contained commands to send out Solana wallet private keys, draining wallets almost immediately after exposure.
Dogecoin now has a $60B market cap that surpasses some major, established companies—even though it's still 48% below its all-time high! Dogecoin has shown considerable demand over the past two weeks, rising in value by 98%. However, analysts suggest that this momentum could continue, with a long-term price target of up to $2.4.
Dogecoin has risen by 1.5% in the past 24 hours, with some analysts now predicting that it will reach new all-time highs next year. The post Is Dogecoin Entering A Parabolic Surge? Analysts Predict DOGE Price to Peak Above $20 appeared first on Cryptonews.
The latest filings for Solana ETFs coincide with SEC Chair's decision to step down.
These filings were made with CBOE, a Chicago-based options exchange, which is known for helping investors buy and sell different financial products. The four funds making the move are: Vaneck US, 21 Shares, Bitwise Invest, and Canary Funds.
On November 22, Solana (SOL) reached a new all-time high of $264.31, marking impressive resilience two years after the collapse of FTX! This 11% increase in 24 hours reflects renewed investor confidence in the Solana crypto ecosystem.
As anticipated, November did, in fact, repeat itself three years apart as Solana (SOL) hit a new all-time high above $260. But will it be SOL's last ATH?
Bitwise has become the fourth company to file for a Solana ETF in the United States, joining Canary Capital, VanEck, and 21Shares in the race to launch the first such product amid changing political leadership and regulatory expectations.
This ETP would directly hold SOL, the native token of the Solana blockchain. This will give investors a new way to invest in this crypto.
Dogecoin maintains steady support above $0.380, breaking key technical resistance levels while establishing a strong foundation for potential moves toward the $0.400 price target.
Solana Price, a Layer 1 blockchain, has witnessed significant price volatility throughout November, capturing the attention of investors. Following a consistent bullish trend, SOL recently experienced a notable price surge, reflecting growing market confidence in its ecosystem.
Elon Musk has rekindled his influence over the dog-faced meme token following Trump's election win.
The broader crypto ecosystem is soaring to new highs, with the combined market cap now at a record $3.4 billion. XRP joined this uptrend with its price crossing its three-year high as it soared above $1.42 overnight.
SOL reached a new all-time high of $263 more than three years after it last peaked, according to data from CoinGecko.
The price of SOL is in pump by +375% compared to a year ago.
Solana's SOL token has reached a new all-time high of $264.31, marking a complete recovery from its post-FTX collapse through strong ecosystem growth, institutional interest, and increased DeFi activity.
Solana (SOL) price surged 12%, reaching a fresh all-time high of $263.70 following the Cboe Exchange's submission of four 19b-4 filings for spot Solana ETFs by asset managers like VanEck, Bitwise, and 21Shares.
A whale recently purchased 100K SOL worth $23.86M. What could this mean for Solana's price?
DOGE price eyes a potential breakout ahead, with top experts echoing a similar sentiment for the dog-themed meme coin. For context, in a recent X post, Real Vision CEO and Founder Raoul Pal said that Dogecoin is likely gearing up for a rally ahead.
On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price.
A hidden Bullish Divergence pattern has just been identified on the Dogecoin price chart, signaling possibilities of a significant uptrend. With this new technical pattern, a crypto analyst has projected a target of $0.7 for the Dogecoin price.
Solana's recent surge to over $260 marks a significant recovery from its low of $8 in late 2022.
VanEck and 21Shares are intensifying efforts to introduce Solana-focused ETFs (exchange-traded funds) in the US. The firms filed their proposals with the Chicago Board Options Exchange (Cboe) following earlier applications with the Securities and Exchange Commission (SEC).
The cryptocurrency market has risen by 4.34% in the last 24 hours, reaching a valuation of $3.31 trillion. This surge coincided with a huge increase in trade volume, which surged by 30.98% to $248.9 billion. Investor excitement is apparent, as indicated by the Fear & Greed Index, which shows “Extreme Greed” with 88.
Solana (SOL) shattered its all-time high (ATH) by soaring past $263 for the first time on Thursday. This marks a stunning comeback after years of volatility and setbacks.
Discussions between the SEC and Solana ETF issuers are advancing rapidly, rekindling hopes for an upcoming approval! With imminent filings and a pro-crypto administration, the arrival of a Solana ETF could transform the crypto market and mark a decisive turning point for the ecosystem.
Bitcoin just smashed a new all-time high at $99,000, stealing the spotlight in the crypto markets! Meanwhile, altcoins are either dragging their feet or clinging to support, waiting for a breakout. Solana, the fourth-largest crypto, has hit an all-time high, surging beyond $263 and eclipsing its previous record set in October 2021.
Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.
As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins.
Solana has once again caught the attention of market participants as it hit a new ATH on Friday. Notably, SOL witnesses a sustained rally against the backdrop of massive whale accumulations.
Some major altcoins have also started riding the bullish wave alongside Bitcoin. Solana (SOL), the fourth-largest cryptocurrency by market cap, has also surged to a new record high of $262.
On Friday, Solana (SOL) soared to a new all-time high (ATH), now trading at approximately $261. This breakthrough surpasses its previous peak set in November 2021.
Dogecoin is consolidating gains above the $0.380 resistance against the US Dollar. DOGE is holding gains and eyeing more upsides above $0.400.
SOL Global Investments, a Canadian investment fund focused on Solana (SOL) and its growing blockchain ecosystem, is taking advantage of the surge in Solana's value by raising C$3.6 million (roughly $2.5 million) to acquire more SOL tokens.
Solana (SOL), one of the most prominent blockchains in the world, just hit a new all-time high record of $260. Fillings for Solana's crypto-related products boost the token price.
Solana gained 11% in the past 24 hours, trading above $263 to reach a new all-time high amid an extended crypto market rally.
The Dogecoin hash rate has spiked sharply, reaching new all-time highs. This bullish development reflects increasing network activity and miner participation.
New Solana ATH: SOL hits a new all-time high as altcoin season heats up. Learn how Solana's meme coin ecosystem is driving altcoin price spikes. The post Solana Reaches $260 ATH, Fueling Altcoin Season Hype – Are Meme Coins Next? appeared first on Cryptonews.
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Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago.
After plunging to nearly $8 in 2022, Solana has finally fully rebounded, jumping above the $260 mark Thursday for the first time ever.
The SEC's reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S.
The Solana network remains one of the leading blockchains in the dynamic crypto sector, drawing in a significant number of users on a daily basis, which has led to a recent notable spike in its transfer volume to unprecedented levels.