With the crypto market witnessing a dark patch before the Uptober rally brings the sunshine for bulls, CEX tokens are preparing for the next stage. Despite the increasing volatility in the altcoin market, Binance shows a positive trend in price fluctuations, and OKB shows a recovery at hand.

The price of BNB (BNB) has corrected higher after breaking above the moving average lines but was halted by the 21-day SMA.

Grammy-winning rapper Cardi B has seemingly launched a meme-inspired cryptocurrency under the $WAP ticker, in a reference to one of her most popular songs with Megan Thee Stallion. The project's debut, however, has been shrouded in controversy including insider trading concerns.

Circle has released a comprehensive guide detailing the migration process from bridged USDC to native USDC on the Sui Mainnet, emphasizing best practices and benefits.

A Solana (SOL) trader who initially invested a mere $800 in the popular Solana-based meme coin, Moo Deng, has realized unreal gains, with profits soaring to approximately $10 million. However, despite the massive returns from unreal meme coin trade, the Solana trader is facing liquidity obstacles, leaving him stranded as Moo Deng's value rapidly plummets.

Injective Protocol, a DeFi-centric platform using Cosmos tech, is gaining traction, looking at the gas fee revenue distributed to its validators in Q3 2024. While INJ, the native currency of the protocol, is under pressure, cooling off after rallying to as high as $52 early this year, the recent development is a huge confidence boost.

Recently there was a significant surge in the price of Bitcoin bringing it very near to $65,000. Many participants on the market were taken aback by the sudden and swift action.

In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.

Standard Chartered Bank has predicted that Solana's (SOL) price may soar by five times by the end of 2025 if Donald Trump wins the upcoming US presidential election. This outlook comes as Solana's user base grows, with the network seeing more than 100 million monthly active addresses for the first time.

Sui (SUI) price has recently experienced a notable rise in market value, standing out even as the broader cryptocurrency market struggles. Over the past week, SUI has defied the downturn, continuing its upward momentum after being one of the top-performing large-cap cryptocurrencies in September.

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Standard Chartered's latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris. According to the report, a Trump administration would be more favorable for Solana's rise compared to Ethereum (ETH).

Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election. What Happened: Kendrick's projections include a potential quadrupling of Ether and a tripling of Bitcoin's value under a Trump administration.

The bank's analysts remained bullish on bitcoin and crypto in general no matter who wins the presidency in November.

Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5.

The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.

As markets brace for the release of FOMC minutes, meme coins are experiencing a surge in activity, with DogWifHat (WIF) and SPX6900 (SPX) leading the charge. Additionally, Sui is witnessing a significant influx of trading volume.

Crypto Market Highlights: The cryptocurrency market capitalization stands at $2.17 trillion, down 0.79% in the last 24 hours, while intraday trading volumes rose by 32.09% to $78.72 billion. Investor sentiment is still neutral, with the Fear & Greed Index at 41. In the larger market, Chinese stocks listed in the United States have fallen dramatically.

Solana's native coin ($SOL) has outpaced the two market leaders by flying colours this last year, despite the fact that its fortune is often closely pegged to the price movements of Bitcoin ($BTC) and Ethereum ($ETH).

FalconX, a crypto prime brokerage, has been holding onto 1.35 million Solana (SOL) tokens, worth $190 million, for years without even realizing it. The tokens have been sitting with them since 2021.

USDC, a major stablecoin, is now available on the Sui Mainnet, enhancing liquidity and value transfer within the DeFi ecosystem as Sui's TVL surpasses $1 billion.

Sui Network gains momentum; $4 price target appears achievable amid rising adoption.

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.

Developer activity surged by 10.7% for Layer 1 blockchain Solana in October.

Sui received a major boost after stablecoin issuer Circle announced support for native USDC on the layer-1 blockchain platform's mainnet. Circle announced native USDC (USDC) was live on Sui (SUI) on Oct. 8.

FalconX, a prime cryptocurrency broker, failed to track 1.35 million Solana (SOL) tokens, worth around $190 million, since 2021.

The growth has not lasted long, as most of the coins are again in the red zone, according to CoinMarketCap.

TL;DR Jupiter Exchange has launched its Mobile App, designed to facilitate access to Solana (SOL) for both new and experienced cryptocurrency users. The app allows users to easily purchase Solana using various payment methods, such as Apple Pay, credit cards, and PayPal, eliminating barriers for users.

The bank also predicted that Bitcoin will hit $200,000 by the end of 2025, regardless of who wins the U.S. Presidential election.

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Standard Chartered's Geoff Kendrick forecasts Solana's price could increase fivefold by the end of 2025, if Trump wins U.S. presidential race.

Solana (SOL) co-founder Anatoly Yakovenko believes meme tokens have a role to play in advancing the product-market fit of crypto projects. Yakovenko says on the social media platform X that memecoins offer something unique to the crypto industry.

Toronto, Ontario, 8th October 2024, Chainwire

Grammy-winning rapper Cardi B appears to have launched a meme coin. And insiders look to have already made $250,000 from it in just 12 hours.

Perplexity is an artificial intelligence (AI) model gaining the spotlight by its real-time web scanning to access up-to-date data. The AI recently appeared in a list of notable and feared competitors by OpenAI, ChatGPT's developer, as Finbold reported.

Solana reached a new milestone, but the token's investors have concerns.

Circle has introduced native USDC on the Sui blockchain, enabling seamless access to USDC liquidity without bridging. This development supports Sui's expanding ecosystem of over 85 applications.

In a remarkable rise that has captured the attention of the cryptocurrency community, HIPPO has rapidly emerged as the leading meme coin on the SUI blockchain. As of October 8, 2024, HIPPO has seen an astonishing 164% increase in price, reaching $0.01609, with a market capitalization now exceeding $160 million.

Solana has established itself as the undisputed leader in the launch of new tokens within the crypto ecosystem. With over 87% of new tokens created on its platform, Solana significantly outpaces its competitors.

During this cycle, Memecoins, especially Solana-based ones, became the leading narrative of the crypto market. These tokens have eclipsed investors' attention and overshadowed the performance of many large-cap altcoins.

When/if Bitcoin ($BTC) makes its next upside move, some of the more fundamentally sound altcoins have the potential to outperform. Binance Coin ($BNB), Fantom ($FTM) and THORchain ($RUNE) are among them.

BNB Chain has announced CoCo Coin (COCO) as the winner of the third phase of its Meme Liquidity Program, supporting meme projects with liquidity and growth.

Solana price is on the cusp of a breakout from a bull flag setup, although the Bitcoin price has been interfering. Nevertheless, top analysts have concluded that SOL price will have one of the best bull markets this cycle, pulling the entire meme coin industry up after multiple bullish patterns emerged on its price chart.

Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world's largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800.

Sui, often dubbed the Solana-killer, continued rising on Oct. 8 amid a record surge in its futures market. Sui (SUI) jumped to an intraday high of $2.

Solana's strong market interest could push it past key resistance, setting off a rally.

Binance has released its 23rd Proof of Reserves snapshot for October 2024, showing significant changes in the exchange's major crypto holdings. While Bitcoin (BTC), Ethereum (ETH), and USDT saw declines, Binance's native token, BNB, experienced growth, highlighting the company's changing asset management strategy. Binance released the 23rd proof of reserves (snapshot date October 1).

BNB is hovering near key resistance—will bulls push it into a breakout, or is consolidation on the horizon?