Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum's liquid staking ecosystem.

XRP, the cryptocurrency and native token of XRP Ledger, has recorded significant price variations in the red zone. However, it bounced off a critical support level of $0.505, climbing from $0.5048 to $0.5230 in early Friday trading before experiencing corrections.

Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers initiated by retail and institutional whales, has spotted two massive crypto transfers that carried almost a billion XRP coins.

Canary Capital, founded by former Valkyrie Funds co-founder Steven McClurg, has filed for a Solana (SOL) spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.

BNB Chain has successfully completed its 29th quarterly BNB token burn, eliminating over 1.77 million BNB valued at approximately $1.07 billion, according to BNB Chain.

XRP, the seventh largest cryptocurrency by market capitalization, has seen an increase in trading volumes over the last 24 hours, skyrocketing by over 40%.

Ripple's Chief Technology Officer, David Schwartz, has addressed the critical importance of XRP within the XRP Ledger (XRPL) amid ongoing discussions about its functionality. In a recent interaction with an XRP enthusiast, Schwartz clarified concerns surrounding whether all transactions on the XRPL require XRP as a gas fee or if other assets could operate independently.

In a riveting turn of events, American blockchain payments company Ripple stole the spotlight on Friday, unlocking nearly 900 million coins from escrow. The massive unlock emerged in tandem with noteworthy lawsuit developments, sparking market discussions over future price action.

With the hype growing around memes, here are the top 10 Memecoins to watch this November 2024, being the top 10 memecoins of October 2024 by monthly performance.

The BNB Foundation removed over $1 billion worth of BNB from circulation after its latest quarterly token burn.

Ripple has risen by 0.5% in the past 24 hours, as the SEC acknowledges an application for the US' first ever XRP ETF. The post SEC Acknowledges XRP ETF Proposal – Can Ripple Hit $100? appeared first on Cryptonews.

Analysts are observing that Bitcoin is facing rejection from a critical resistance zone. This movement has led to a short-term bearish divergence, suggesting potential downward pressure. Additionally, Ethereum and Solana are facing similar challenges as they struggle to maintain upward momentum.

Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.

The SOL ETF application marks Canary Capital's third ETF submission in October.

In the last 30 days, XRP has seen a drop of at least 13.1%. At the beginning of October, the price was at $0.61175. On the last day of October, it touched a low of $0.50877, indicating that the market experienced a 20.24% decline in the month.

Amid the heightened crypto volatility in the last few weeks, Dogecoin (DOGE) price has rallied over 46 percent in the past three weeks to retest a crucial resistance level above 15 cents. The meme lord, with a fully diluted valuation of about $23 billion and a daily average traded volume of around $2.

The ongoing Ripple vs SEC case has significantly weighed down on XRP's bullish sentiment in the past four years.

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Currently priced at $0.1606 after a 5% fall on the 24-hour chart, Dogecoin (DOGE) still has surged 50.10% over the past month and climbed 16.36% in the last week.

The recent Dogecoin price action is flashing a familiar signal from 2021, sparking speculation about whether history is poised to repeat itself. Back then, DOGE price experienced a meteoric 15,000% rise, captivating the crypto space.

With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.

The United States approaches a pivotal presidential election, leaders in the cryptocurrency sector are intensifying their calls for clearer regulatory frameworks to support the burgeoning digital asset industry. Ripple CEO Brad Garlinghouse is at the forefront of this movement, urging the next administration to prioritize comprehensive reforms that will not only clarify existing regulations but also foster a more supportive environment for cryptocurrency innovation.

Despite the massive number of tokens destroyed so far, the BSC network still needs to burn more than 43 million BNB to reduce the token's market supply.

Binance has burned over 1.7 million BNB tokens as a part of its quarterly burning initiative. On Nov.

The BNB Foundation has announced the completion of the 29th quarterly BNB burning by the BNB chain, with over 1.7 billion BNB tokens automatically burned for a total value of about $1.07 billion.

With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.

With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.

Solana is one of the top networks, commanding a market cap of over $81 billion, according to CoinMarketCap data. Even as crypto prices rise and sentiment improves, SOL has struggled for momentum.

What about the urgency of the US Court's latest "Alternative Resolution"? How could a similar decision impact Ripple and XRP?

A widely followed analyst and trader is leaning bullish on a blockchain oracle built in the Solana (SOL) ecosystem while offering his outlook on Bitcoin (BTC) and Dogecoin (DOGE).

XRP has struggled after the Securities and Exchange Commission appealed a U.S. District Court ruling in favor of XRP in a prior lawsuit.

In a recent episode of the Mr. M podcast, former Ripple executive Matt Hamilton expressed his belief that XRP is on track to surpass Bitcoin and become the leading cryptocurrency. Hamilton highlighted that XRP previously held the top spot in 2018 when its market cap exceeded Bitcoin's and dwarfed Ethereum's.

Everyone's favourite memecoin is in a good place now, but can it go to a better place soon?

SEC v Ripple Case: The US Court of Appeals for the Second Circuit issues the first order in the XRP lawsuit. The order came in response to the US Securities and Exchange Commission's requests to the court to set January 15 next year as the deadline for its principal brief.

If the SEC fails to submit its primary brief by the deadline, it will result in an automatic dismissal of the appeal.

In the latest twist in the Ripple vs. SEC case, the Second Circuit Court of Appeals has established a critical deadline, mandating the Securities and Exchange Commission (SEC) to submit its brief by January 15, 2025. Attorney Bill Morgan noted that the consequences of missing this deadline are now well-defined.

The U.S. Court of Appeals for the Second Circuit (2nd Circ.) has ordered a brief on SEC vs.

Canary Capital files for a Solana ETF, marking a key milestone in crypto adoption by Wall Street.

Whales buy and stake large quantities of Solana.

The United States Court of Appeals for the Second Circuit has ordered the Securities and Exchange Commission to file its brief in its long-lasting case against Ripple before Jan. 15, 2025.

Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support and might bounce back in the near term.

In the ongoing legal battle between the SEC and Ripple regarding XRP, significant developments have emerged. The Second Circuit Court of Appeals has set a deadline for the SEC to submit its brief by January 15, 2025. Attorney Bill Morgan commented on this, noting that the consequences for missing this deadline are now clear.

XRP price is holding the $0.5020 support zone. The price is beating Bitcoin and might aim for a move above the $0.5250 resistance.

On October 31, the United States Court of Appeals for the Second Circuit, held at the Thurgood Marshall US Courthouse in New York, ordered the Securities and Exchange Commission (SEC) to file its brief on or before January 15, 2025.

The cryptocurrency market is experiencing a dynamic shift, with Shiba Inu (SHIB) showing signs of a possible reversal, Solana (SOL) facing a concerning pattern in its momentum, and Bitcoin (BTC) pushing toward an ambitious target of $84,000. As traders navigate this volatile landscape, it's essential to understand the indicators that could influence price movements in the coming days.

XRP price outlook hinges on the US Presidential Election as Trump pledges pro-crypto reforms, including firing SEC Chair Gensler.