The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.

Firedancer, a blockchain validator client for Solana, is expected to enhance the network's efficiency and scalability.

Solana price has soared following major announcements at Token2049, but can SOL hit $200 by October?

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase.

Solana Mobile unveiled its next Web3 Phone, the successor to the Solana Saga, its first product. The phone, referred to previously as “Chapter 2,” is now called the Seeker, and has been confirmed to feature a 6.36” display, with 128GB of storage and 8GB of RAM, “a longer battery” and two cameras.

At Solana Breakpoint 2024 in Singapore, the atmosphere was electric with excitement as the Solana community gathered to witness groundbreaking updates. SolanaFloor recently shared some exciting news on X: Franklin Templeton, a global asset manager overseeing $1.3 trillion in assets, plans to launch a mutual fund on the Solana blockchain.

A widely followed cryptocurrency analyst and trader is leaning bullish on a Solana (SOL) competitor while offering his forecast on Bitcoin and the layer-1 blockchain Saga (SAGA).

AVAX is the other massive gainer from the larger-cap alts.

Solana's Frankendancer upgrade, which incorporates elements of the Firedancer validator client, has gone live on the network's mainnet. Network validator Jump Crypto gave a live demo of this upgrade at the ongoing 2024 Solana Breakpoint conference.

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

SOL's bearish price action in August coincides with declining Solana network usage. But will things get better now?

It's powered by Dinero and promises to give users the best rewards in DeFi. If you're wondering what all this means, let's break it down.

Solana based decentralized exchange aggregator, Jupiter, seems to be gone on a buying spree as the crypto bull run took a halt before entering into the next phase.

With Bitcoin touching the $64K today, the altcoins are witnessing a massive demand boost. Amid the bull market, Solana releases major development announcements at Token2049, fueling the SOL price rally.

The ramshackle validator client is a prelude to Jump's highly anticipated Firedancer software.

This new gadget is powered by the Solana blockchain, which means it's more than just another gaming console. Unlike regular gaming consoles, which are powered by companies that control everything, Web3 games give players more power.

As the crypto market bounces back, Bitcoin marks a 24-hour high above the $64,000 mark. The BTC price has increased by 7.90% this week, followed by a 7.7% recovery the previous week. Supporting the bullish trend, the Bitcoin ETF market bounced back yesterday with $158.3 million in total inflows.

Growth of activity on the Solana network and other details.

The top two cryptocurrencies, Bitcoin and Ethereum, have experienced impressive gains of 3.0% and 5.8%, respectively, in the last 24 hours. Evidently, both these cryptos have benefited hugely from the recent interest rate cut of the US Federal Reserve. At this juncture, the massive options expiry scheduled for today is extremely crucial.

As of now, Solana is trading around $138, having faced challenges in breaking through the critical resistance level of $139. After a series of ups and downs, this price stagnation has raised concerns among investors about the asset's potential for further decline.

Jupiter also announced other updates, including an upgrade to its memecoin trading platform and a new mobile app.

Solana (SOL) joined the recent crypto market pump after climbing 10% on Thursday. SOL's price broke above a key resistance level, reigniting the bullish sentiment among investors and traders who believe the cryptocurrency is soon poised to reclaim higher targets.

Stablecoins are becoming systemically important to the global financial economy, Bernstein wrote in a recent report.

Solana's Jupiter exchange has announced the acquisition of SolanaFM and Coinhall at the ongoing 2024 Solana Breakpoint conference. The decentralized exchange (DEX) also announced the imminent launch of its Jupiter Mobile, which will help easily onboard millions of users into the Solana ecosystem.

Excitement is brewing in the crypto world! With recent events like Donald Trump's crypto purchase and the Fed's rate hike plans, relief is washing over assets that faced a major downturn.

Ethereum developers have decided to split the Pectra hard fork into two packages to reduce risks and ensure a smoother upgrade.

The latest cryptocurrency exchange hit by hacking was confirmed to be BingX based in Singapore where it initially lost $26 million due to hacking. More than 360 altcoins which include some of the biggest coins such as 4. 44 million USDT, 1. 04 million WUSD, and 9.

Solana, a modern blockchain and one of the top smart contract platforms, looking at a screen grab shared by one observer on X, has achieved a remarkable milestone.

A major Ethereum whale has made waves in the crypto world by selling off 24.7 million ETH, according to Spotonchain.

The excitement surrounding memecoins is making a notable comeback as Solana-based tokens outperform larger cryptocurrencies, particularly following the recent announcement from the Federal Reserve regarding interest rate cuts. Among the standout performers is Popcat (POPCAT), which has experienced a remarkable 36% spike in just 24 hours, bringing the token close to its all-time high achieved in July of this year, underscoring the renewed enthusiasm for memecoins amidst changing economic conditions.

Ethereum price started a fresh upward move above the $2,420 resistance. ETH traded close to $2,500 and is now consolidating gains.

Solana prices rallied today, causing the highly prominent cryptocurrency to attain its highest value in several weeks.

Leading cryptocurrencies edged higher Thursday as risk-taking investors continued to cheer the Federal Reserve's bold half-point interest rate cut. Cryptocurrency Gains +/- Price (Recorded at 9:45 p.m.

A wallet linked to Ethereum founder Vitalik Buterin transferred 1,300 ETH valued at $3.17 million, adding fuel to market speculation about Ethereums future trajectory. As ETHs price climbs nearly 6%, investors are buzzing about a possible rally toward $5,000.

Much to the surprise of many, a Texas federal judge has dismissed a lawsuit filed by Consensys against the U.S. SEC. The software development firm filed a lawsuit against the SEC and its five commissioners including Gary Gensler. This suit accused them of attempting to regulate Ether as a security.

The crypto market is bracing for heightened volatility as nearly $1.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options expire today.

After weeks of consideration, developers take a significant step to make the Pectra upgrade more workable.

A triple bottom pattern is a classic technical formation that often indicates a potential reversal in price trends. In Ethereum's case, the recent setup suggests that the digital asset could be preparing for a breakout.

Ethereum sees a $1.26 billion inflow, signaling big market moves.

The U.S. Securities and Exchange Commission (SEC) is seeking public input on a proposal by Cboe BZX Exchange to add new custodians for bitcoin and ethereum exchange-traded funds (ETFs). The plan aims to enhance security by adding Anchorage Digital Bank and Bitgo alongside Coinbase as custodians for bitcoin and ether holdings.

New smartphone reportedly boasts an upgraded wallet, improved security, and a fee-free dApp store to attract crypto developers and gamers.

The crypto market is on the rise as Donald Trump is expected to announce the debut of World Liberty Financial, a new crypto exchange run by his family members. In this environment, DTX Exchange (DTX) is making big headlines as it recently announced that 50% of its token supply is now open to the public.

A judge dismissed the lawsuit that Consensys filed against the SEC over Ethereum, due to a lack of "final" relevant actions by the regulator.

The Token2049 conference in Singapore has once again proven to be a key event for the crypto industry, showcasing major advancements and collaborations.

On September 20, 2024, Solana (SOL), the sixth biggest cryptocurrency by market cap is poised for significant rally potential due to its bullish breakout and on-chain metrics. After struggling for almost three weeks, SOL has breached its consolidation zone and is now again heading toward the $165 level.

A U.S. district judge has dismissed a case brought against the SEC by blockchain and web3 development company Consensys Software Inc.

Solana unveils the PSG1, its first web3 gaming handheld, with preorders announced at the Solana Breakpoint Conference. The post Play Solana unveils first-ever crypto gaming handheld appeared first on Crypto Briefing.