Bitcoin (BTC) touched $71,000 earlier today as it inches toward record highs. BTC hit $70,000 for the first time since late July and peaked at $71,460 before declining back to $71,000.
The altcoin market has recorded a significant bullish recovery during the early Asian market. This comes after Bitcoin price successfully reclaimed the $71,000 level with a 24-hour high of $71,475.47.
Solana's network metrics show strong growth across revenue, trading volume, and TVL, with DEX activity surpassing $15 billion weekly and total locked value exceeding $6 billion.
After a successful listing on major exchanges and a 500% rise, the GRASS token trades at $0.87. With a potential Binance listing, can it reach $1? After completing its final airdrop stage, the GRASS token is finally listed on major exchanges like ByBit and KuCoin.
Solana's (SOL) price has reached $180 for the first time since July, igniting speculation that the altcoin might be set for an extended breakout. This upward momentum coincides with surging investor interest, but the question remains: will Solana reach $200?
Will Litecoin's sellers drive it back to its key support levels?
After weeks of consolidation, the Solana price appears ready to break higher as bullish momentum strengthens. SOL recently hit a three-month high, showcasing a strong recovery following a market rebound.
Airdrops are the treasure hunts of the crypto world. Everyone wants free crypto tokens and airdrops are the fastest way to get there.
In a surprising move, Bitcoin's price ended the bearish speculation by marking monthly highs close to $71,500. With this, the markets revived a strong ascending trend, with the memecoins gaining immense strength. Dogecoin and POPCAT triggered a huge 13% upswing, while Shiba INU, Pepe, dogwifhat, FLOKI, and Brett rose above their respective resistance zones.
The cryptocurrency market is showing intriguing signs of potential volatility, with Bitcoin (BTC) recently delivering a significant technical signal known as a hidden cross. As Bitcoin makes a serious comeback, the spotlight is also on Shiba Inu (SHIB), which is primed for a potential volatility explosion.
Solana (SOL), the fifth largest cryptocurrency by market cap, has recently outperformed several of the top ten cryptocurrencies with a notable 6% price increase over the past week. This rise puts Solana just behind Dogecoin (DOGE), which gained 7.8% over the same period, as the two best performers among the top ten cryptocurrencies by market capitalization.
Solana started a steady increase above the $165 resistance zone. SOL price is trading well above $175 and aiming for more gains above $185.
A cryptocurrency investor has managed to turn 20 Solana (SOL) worth around $3,500 into over $3.2 million in just two days by betting on a token linked to a decentralized artificial intelligence (AI) trading fund ai16z.
Solana is a blockchain platform geared towards widespread use in areas like finance, payments, and gaming. In the past week, Solana saw net inflows of $7.6 million, bringing its total for the year to $39 millionan impressive surge of 7,500% compared to last weeks inflow of just $100,000.
Solana has had an impressive year. After worrying dips in late 2022, the bounce of the second half 2023 thrusted the platform to the top five.
Whales purchased 202,400 SOL worth $35 million from centralized exchanges (CEXs), including Binance and Kraken.
Solana's $SOL is trending today after flipping both Ethereum and PayPal in different metrics. Earlier today, $SOL was the most trending cryptocurrency. It still retains its place in the top three as of the afternoon UTC with a 24-hour trading volume of over $4 billion.
Litecoin (LTC) has been a familiar name in the cryptocurrency world since its discovers, often considered a faster and cheaper alternative to Bitcoin. Recently, however, Litecoin's value has dipped, as broader crypto market conditions influence its price trajectory.
Solana's Phantom Wallet suffered a major incident after a backend issue caused downtime for thousands of users.
The market is showing a pre-election mood, suggesting investors are gearing up to capitalize on high returns from low-risk assets.
Phantom Wallet is facing technical difficulties, impacting users claiming rewards from the GRASS airdrop and causing inaccurate account balances; however, the company assures that funds are safe and the app remains accessible. The post Solana's Phantom Wallet Experiences Technical Difficulties During GRASS Airdrop appeared first on Cryptonews.
The Phantom Wallet, a leading non-custodial wallet on the Solana blockchain, has resolved recent downtime issues that affected its services during the highly anticipated Grass Airdrop One. Earlier today, Phantom reported an “uptime incident” that left some users experiencing inaccurate account balances and disrupted services, raising concerns within the Solana community.
Ethereum's infrastructure limitations are driving users, applications, and capital to Layer 2s and competing blockchains, an analyst said.
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TL;DR The Phantom wallet, widely used in the Solana network, experienced a temporary downtime issue, which affected account balance visibility for its users. The inconveniences have already been resolved, and activity should return to normal for all users.
Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.
Ethereum (ETH) fees remain relatively low, due to a shift of activity. Most swaps happen on L2, while Solana is taking the biggest share of meme token action.
TL;DR Digital asset inflows hit $901 million, bringing this year's total to $27 billion, nearly triple 2021's record. Bitcoin led inflows with $920 million, driven by political factors in the US, while Ethereum saw outflows of $35 million. Blockchain stocks also showed a rally, with inflows of $12.2 million for the third consecutive week.
In October, Cardano price traded nearly sideways despite high expectations for a bullish trend. This prolonged consolidation offers little optimism for ADA's better performance in November.
Solana Phantom Wallet is down again. In an update shared by the protocol on its official X account to reveal that the it is experiencing an “uptime incident.
Phantom Wallet has reported a downtime incident and asked its users to be patient as the team works to resolve the issue. On Oct.
The rising DEX volumes than Ethereum have made the market participants bullish on Solana's (SOL) price rally. The growing popularity of the Solana-based memecoins has contributed to the rise in the network activity and eventually the DEX volumes too.
Litecoin (LTC), currently ranked the 19th-largest cryptocurrency, has experienced surging inflows in the past week. This move is fueled by hype surrounding a potential Litecoin Exchange-Traded Fund (ETF).
Bitcoin (BTC) and the altcoins have shown significant price actions in the crypto market. The overall crypto market's daily trading volume surged by 22.63% as per CMC data.
The biggest wallet on the Solana blockchain is currently undergoing a downtime. The users facing issues with inaccurate account balances for an hour now.
Today, the fifth largest cryptocurrency, Solana (SOL), overtook popular payment service PayPal in terms of market capitalization. Following a 5.51% increase in SOL quotes over the past week, the token's price rose to $175.3, bringing its capitalization to over $83.56 billion.
Solana has registered a high transaction fee compared to Ethereum in the past 24 hours as it entered the top 5 networks for this metric.
Phantom, which is Solana's biggest wallet, is experiencing downtime. User funds should be safe, the company says.
The Solana network has significantly outshined Ethereum in its Web3 on-chain activity in the recent past fueled by its thriving memecoin ecosystem.
Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach.
Litecoin (LTC) is among altcoins to record slight gains on Monday as Bitcoin (BTC) price spiked above $68k again. This comes as cryptocurrency investment products recorded another mega inflows week, despite BTC struggling as bears rejected the advance above $69k.
The crypto market enters the new week on a bullish note as the Bitcoin price inches closer to a $70,000 resistance breakout. The bullish momentum gradually fuels bullish momentum in most major altcoins, including SOL.
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Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.
Among the top cryptocurrencies, and with the exception of Bitcoin ($BTC), Solana ($SOL) is proving to be the most likely of the large-cap altcoins to lead the rest of the field higher. Outperforming $BTC, and rapidly gaining ground on Ethereum ($ETH), is $SOL about to fly much higher?
Solana's surging fees are correlated with growing trading activity on the network's leading decentralized exchange, Raydium.
The digital asset inflows last week reached a staggering $901 million with Bitcoin dominating a lion's share of the total flows. BTC has turned out to be investors' favorite this month in October ahead of the US Elections in November.
The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.