Solana's price has surged past $170, driven by derivative traders and overall market optimism. Analysts predict potential highs of $190-$250 by the end of October
SOL, LINK, ADA, UNI, and ETH have gained the most from the larger-cap alts.
Solana's price has seen an impressive rise in recent weeks, gaining over 15% in the past month. Could SOL price reach the $180 level by the end of October 2024?
The Bitcoin price has held its value above the $69,000 level. Following this, Ethereum and Solana tokens have once again gained traction. With this, the conquest of these ecosystems gaining dominance has once again intensified.
Despite the institutional investors favoring Bitcoin over Ethereum as shown by the US spot ETF market, the latter has outshined the former in the recent bullish breakout.
As part of the upcoming “Scourge” upgrade, Ethereum co-founder Vitalik Buterin addresses the risks of staking centralization in the Ethereum network and proposing several strategies to mitigate these risks.
Four significant benchmarks that Ethereum hopes to hit in the upcoming years were outlined by Vitalik Buterin in his Shanghai speech. Ethereum's future and its position as the top smart contract platform are expected to be shaped by these significant achievements.
Bitcoin and Ethereum witnessed yet another phase of short liquidations, bringing bullish momentum to the assets. According to data provided by Coinglass, the total crypto liquidations reached $138.23 million as bullish sentiment dominates the market.
Current price action and on-chain metrics suggest SOL is poised for a significant upside rally.
With an impressive increase in coin acquisition, Ethereum aficionados are causing waves in the crypto space. From January's 11.5 million, the most recent statistics reveal a solid 19 million ETH now stashed in long-term holding addresses, almost doubled, data from CryptoQuant shows.
Vitalik Buterin, co-founder of Ethereum, recently sounded the alarm about what he sees as "one of the biggest risks" to blockchain: the centralization of staking. In a blog post published on October 18, 2024, Buterin details the potential dangers and proposes solutions as part of the upcoming "Scourge" update to the network.
The cryptocurrency market has seen substantial upward momentum, with a 1.79% gain in overall market cap to $2.38 trillion. In addition, 24-hour trading volumes have risen by 65.13%, indicating higher trader activity. The Fear & Greed Index is at 63, showing an increasing sense of market greed as Bitcoin's dominance grows to 57.2%.
After consolidating above the crucial support level of around $120 since April, Solana (SOL), a tier-one blockchain network, has signaled an imminent rally to a new all-time high (ATH) in the near term. The large-cap altcoin, with a fully diluted valuation of about $99 billion and a daily average traded volume of around $3.
In a bold statement that has caught the attention of the crypto community, a top trader has revealed that he is prepared to swap his Solana holdings for Avalanche if a key signal appears on the AVAX chart. With both Solana (SOL) and Avalanche (AVAX) being two of the most popular layer-1 blockchain platforms, this
Vitalik Buterin's latest blog post outlines strategies to mitigate the risks of proof-of-stake centralization in Ethereum.
After actively acting on the resistance level around $2,650 for the better part of last week, the Ethereum (ETH) price has successfully broken out and signaled the onset of its rising trend. Ethereum price established a robust support range between $2,223 and $2,320 since the August 5 crypto crash.
Solana (SOL) rises over 16.50% in October, outperforming Bitcoin and Ethereum, fueled by bullish catalysts like Grayscale's ETF conversion and a booming developer ecosystem. However, a correction may follow its overbought RSI.
Ethereum has experienced significant growth in long-term accumulation addresses, holding over 19 million ETH as of October.
Buterin recommended capping the amount of Ether a user can stake and limiting staking penalties to 12.5% of staked Ether.
Ethereum price is extending gains above the $2,650 resistance. ETH could continue to rise toward $2,850 if it clears the $2,750 resistance zone.
Leading cryptocurrencies maintained bullish momentum over the weekend, boosting expectations for new all-time highs. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m.
The cryptocurrency market is buzzing with excitement as Solana (SOL) has recently confirmed a breakout, trading above the significant psychological level of $150. With Bitcoin making waves by retesting the $69,000 mark during early Asian trading hours, Solana has been riding this bullish wave, capturing the interest of investors.
With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.
A significant amount of Ethereum is being held by entities not actively spending or moving their funds. According to the latest CryptoQuant data, the total number of Ethereum (ETH) in accumulation addresses surpassed 19 million.
Over $50 billion worth of Ethereum has been locked in accumulation wallets, a 65% jump since the start of 2024, reflecting the growing confidence of long-term investors in the cryptocurrency market. Ethereum Accumulation Reaches $50B Mark A crypto analyst estimates that there is almost $50 billion worth of Ether in accumulation wallets at the moment, which is almost 65% more than at the start of 2024.
Bitcoins market cap has surged to $1.35 trillion, creating a $1 trillion lead over Ethereum. With BTC trading above $68,000, bullish momentum continues, leaving traders speculating on Bitcoins long-term potential to sustain its dominance in the cryptocurrency market and reach higher price levels.
Ethereum co-founder Vitalik Buterin believes that the centralization of proof-of-stake (POS) poses a significant threat to Ethereum. POS centralization is where large stakers dominate and small stakers join large pools.
Ethereum co-founder Vitalik Buterin has continued his weeklong intervention on how the blockchain network's Proof-of-Stake (PoS) mechanism can be further improved with a new essay titled “Possible Futures of the Ethereum Protocol, Part 3: The Scourge.”
The crypto market showcased a slight uptick during Sunday's trading as Bitcoin headed close to a $70,000 breakout. As the ‘Uptober' sentiment returns, the emerging cryptocurrency SUI displays potential for a higher rally amid increasing TVL and a bullish pattern formation.
Ethereum [ETH], the second-largest cryptocurrency by market value, has been facing a tough battle to break past the $2.7K resistance level since August 2024. While Bitcoin has shown stronger performance lately, Ethereum remains stuck, down over 46% from its all-time high (ATH).
Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?
The Ethereum co-founder outlined several approaches to minimizing the risk of staker centralization on Ethereum in a recent blog post.
Here's why the memecoin craze could add onto Solana's value.
The Ethereum price surged over 2% during a low volatility Sunday to currently trade at $2,700. This uptick in the market is a pivotal moment for ETH price as buyers breach the resistance trendline of an 11-week accumulation trend.
As investors grow weary of volatile price swings in established cryptocurrencies like Cardano (ADA) and Solana (SOL), Lunex Network is rapidly gaining traction as a promising alternative.
The rates of most of the coins keep rising, according to CoinStats.
Ethereum is testing a key resistance level around $2,640, and many analysts believe that breaking this point could trigger a significant surge in price. As the entire crypto market gains strength, optimism is growing among investors, who are eagerly waiting for Ethereum to catch up with Bitcoin's recent rally.
Bulls keep holding the initiative on the last day of the week, according to CoinMarketCap.
Investors should remain cautious, as robust buying momentum is essential to breach key resistance levels.
Ethereum's rising deposits, strong fundamentals, and bullish outlook suggest higher prices.
Vitalik Buterin proposes various ways to resolve Ethereum's proof-of-stake mechanism risks.
Buterin supports reviewing staking cap and block creation mechanics to address ETH centralization risk concerns.
Ethereum co-founder Vitalik Buterin continues his thoughts on the evolution of the network with a detailed new blog post. He addresses the challenges of centralization, value extraction, and transaction fees, proposing ambitious solutions to sustain the crypto ecosystem.
The US-based spot Bitcoin ETFs produced a magnificent performance in the past week recording $2.1 billion in net inflows. Meanwhile, their Ethereum counterparts have finally turned the corner registering their third positive weekly inflows since their trading debut in July.
Ethereum accumulation addresses have seen a massive increase in 2024, with the total ETH in these wallets surpassing 19 million as of October 18. In January, these addresses held just 11.5 million ETH.
Vitalik Buterin, co-founder of Ethereum, has outlined major risks associated with Ethereum's Proof-of-Stake (PoS) mechanism. In a recent blog post titled “Possible Futures of the Ethereum Protocol, Part 3: ”The Scourge”.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has captured the attention of large investors, also known as “whales,” who have been steadily accumulating significant holdings over recent weeks. This accumulation is often seen as a strong indicator of confidence in Ethereum's future price potential and market health.