The crypto market is rallying 6.8% following the US presidential elections, which made Bitcoin soar to a new all-time high (ATH). As a result, most of the market saw a green daily close, with Solana (SOL) recording a 15.8% surge in the last 24 hours and regaining a key support level.
Ethereum price started a fresh surge above the $2,650 resistance. ETH is up over 10% and might aim for a move above the $2,850 resistance.
Dog-themed meme coin First Neiro On Ethereum (NEIRO) emerged as the biggest beneficiary of the Donald Trump-induced cryptocurrency market rally Wednesday. What happened: NEIRO, named after the newly adopted Shiba Inu pup of the owner of Kabosu, the inspiration of Dogecoin (CRYPTO: DOGE) and many dog-themed cryptocurrencies, swelled 53% over the last 24 hours.
Amid Bitcoins climb to a new all-time high, an Ethereum whale stunned the market by selling 14,240 ETH at a substantial $12.8 million loss. The whales surprising decision highlights diverging trends in cryptos biggest assets and the volatility of the current market.
Ethereum has surged over 8% following Donald Trump's election victory, igniting fresh optimism among investors. Despite this rally, ETH still trades below a crucial resistance level, keeping the price in check since early August.
Leading cryptocurrencies gave a thumbs up to Donald Trump's presidential victory in anticipation of a friendlier White House. Cryptocurrency Gains +/- Price (Recorded at 7:30 p.m.
Solana experienced massive user growth and increased memecoin activity this year, contributing to its price.
Solana (SOL) has officially overtaken BNB (Binance Coin) to claim the title of the 4th largest cryptocurrency by market capitalization. This milestone comes as the market experiences a broader surge, driven by Bitcoin's all-time high price.
Solana's recent action was outstanding: it printed what traders call a god candle — a single enormous 12% spike during the day. These candles are usually unexpected even in a market that is otherwise doing well, and they indicate strong bullish momentum.
Solana (SOL) and Ripple (XRP) no longer hug the market spotlight as Propichain's new RWA altcoin is set to take over. Propichain combines several technologies, providing a quality investment platform for the real estate sector. Its PCHAIN altcoin also offers immense profit opportunities following its 800% post-ICO increase.
Among the largest cryptocurrencies by market capitalization, Solana (SOL) has surpassed Binance Coin (BNB) to secure the fourth position. SOL has recently experienced a 14% increase, which has enabled it to surpass BNB.
The vast majority of Tether's USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.
Solana overtakes BNB in market cap, as Trump's lead sparks hope for Solana ETF approvals in 2025.
Cryptocurrency markets are trading higher as Donald Trump secured a second term in the presidential election. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $75,833.12 +9.5% Ethereum (CRYPTO: ETH) $2,682.34 +11% Solana (CRYPTO: SOL) $188.34 +14.3% Dogecoin (CRYPTO: DOGE) $0.1952 +15.9% Shiba Inu (CRYPTO: SHIB) $0.00001883 +6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses falling by 4.4%.
Speculation about a better future for crypto has taken hold today.
During Wednesday's trading session, the cryptocurrency market witnessed a surge in buying pressure as Donald Trump secured his victory as the 47th U.S. President. The pioneer cryptocurrency, Bitcoin, surged 8.8% to a new high of $75,400, boosting recovery in the altcoin market.
Solana's native token SOL is on a roll today after seeing its price increase by over 10% in the past 24 hours. The latest strong-up move pushed SOL above Binance-affiliated BNB (BNB), making it the fourth-largest cryptocurrency by market capitalization.
Tether (USDT) will be moved from several chains in a chain swap event. The biggest transfer will be of 1B USDT from TRON to Ethereum.
Pumpfun, a platform for Solana-based memecoins, has sold 36,400 SOL tokens worth approximately $6.77 million in its latest transaction. This move comes as the Solana (SOL) token has seen a 10% price increase over the past 24 hours.
Solana (SOL), the world's fourth-largest cryptocurrency by market cap, is poised to reach an all-time high after breaking out from a crucial resistance level. Following the victory of pro-crypto candidate Donald Trump in the U.S.
The crypto market has seen a notable surge in recent hours, driven by Donald Trump's victory in the 2024 U.S. presidential election.
Michigan's state pension fund recently described a substantial $10 million investment in Ethereum ETFs, marking a first for U.S. state pension funds. This strategic move underscores a growing interest in digital assets among traditional institutions and highlights Ethereum's rising profile in the world of institutional investments.
Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Solana has rallied by 14% today, with the SOL price hitting $185.15 as Donald Trump's election victory boosts the crypto market by 6% in the past 24 hours. The post SOL Price Poised to Soar as Solana Network Usage Reaches Unprecedented Levels appeared first on Cryptonews.
Ethereum (ETH) recovered above $2,600 after the latest crypto rally, but may be facing renewed selling pressures. An ancient ICO whale and a large-scale staker may try to liquidate their holdings.
The world of cryptocurrencies has just taken a significant step forward in the digital payments sector: Solana Pay, the payment system initially built on the Solana blockchain, has expanded its support to include Bitcoin (BTC), Ethereum (ETH), and Layer 2 (L2) solutions.
Solana and Dogecoin trade at key levels following the US election results and are poised for a potential breakout, while XRP is building positive momentum at lower levels.
Ethereum (ETH) is showing signs of a major upward trajectory, with some analysts speculating that the cryptocurrency could see a substantial price surge in the near future. The reason for this optimism?
Ethereum analysts are keeping a close look at the altcoin, which is stuck in a long downtrend. Some call for major upward breakout and others keep a cautious stance, warning to expect this downtrend will continue.
The Raydium (RAY) price has suffered a considerable pullback following an astonishing rally that resulted in a 1000% year-on-year surge that pushed the Solana-based token well over $3.5. Solana (SOL), one of the most popular layer-1 networks, has surged following an 8% crash.
As Bitcoin hauls altcoins further north in the wave of US election euphoria, crypto airdrops provide investors with low-bar entries into early-stage projects without any initial investment.
Following former president Trump's 2024 election victory, the cryptocurrency market has experienced a surge in optimism and buying interest. Ethereum was no exception, with its price spiking by 10% at one point, reaching the critical resistance level of $2.5K.
Ethereum's price rose to $2,596 with a 6.82% gain. The global crypto market cap surged by 8.11%, reaching $2.47T.
As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.
As the Bitcoin price achieves a new all-time high (ATH) during the early Asian trading hours, the memecoin category has taken over the crypto market by storm. Moreover, the Bonk price has secured its position in the top gainers list by breaking out of its crucial level.
Solana (SOL) has become a go-to choice for institutional investors, securing a robust $5.7 million in recent investments. As one of the most prominent “Ethereum killers,” Solana's increasing adoption and technological advancements make it a compelling option in the world of altcoins.
Bitcoin's market dominance increased significantly in October 2024, while Ethereum faced volatility and strategic debates. The performance of Layer 1 platforms and memecoin trading dynamics also highlighted the month's crypto market activities.
Bitcoin recently set a new all-time high (ATH) of $75,337, largely fueled by Donald Trump's win in the U.S. presidential election. This political shift appears to have supported Bitcoin's momentum, while other cryptocurrencies, like Ethereum, have struggled to mirror this success.
Recent figures reveal that the 12 spot bitcoin exchange-traded funds (ETFs) faced outflows totaling $116.9 million, making it a challenging session. Meanwhile, the nine ether ETFs remained in a steady state, showing neither gains nor losses during Tuesday's trading. Mixed Results for Crypto ETFs While bitcoin hit a new all-time high on Nov.
In a surprising move, a major Ethereum (ETH) whale recently sold 14,240 ETH worth nearly $37 million at a significant loss of $12.8 million. This transaction occurred as Bitcoin (BTC) reached a new all-time high (ATH), but Ethereum remains nearly 47% below its own ATH.
Solana's native token, SOL, has recently surpassed Binance Coin (BNB) in market capitalization, securing the fourth spot among the largest cryptocurrencies.
Transfer volume on the Solana blockchain exploded recently and surged to multiple times higher than the total SOL market cap, according to the crypto analytics firm Glassnode.
Solana's blockchain ecosystem has recently experienced a remarkable surge in liquidity, with more than $600 million bridged into the network in October 2024 alone. What's even more striking is that over 90% of this influx came from Ethereum (ETH), highlighting a growing trend of cross-chain collaboration and the shift toward Solana as a low-cost, high-speed alternative in decentralized finance (DeFi), NFTs, and other blockchain applications.
TL;DR Helio Pay has enhanced its Solana Pay integration on Shopify, now supporting Bitcoin, Ethereum, and various Layer 2 solutions, providing merchants with a broader range of cryptocurrency payment options.
Ethereum's netflows and Bitcoin's ATH hint at growing investor interest. As sentiment builds, will Ethereum follow Bitcoin's lead?
Solana (SOL) volume has risen to a three-month high of $8.33 billion following reports that Donald Trump is set to be announced the winner of the November 5 US presidential elections. This development also comes with a notable 11% price increase for the altcoin within the last 24 hours.