For the first time, via Orderly, Solana users can trade meme coin perpetuals with EVM-focused participants across 30+ integrated DEXes and 73 trading perpetuals.

Solana (SOL) has recently been navigating choppy market conditions, as traders remain divided on its near-term direction. The token has dropped 7.22% in the past week and 3.22% in the last 24 hours, bringing it to $235 at press time.

While Solana was at the forefront of the bull run last month, holders now appear to be looking elsewhere as the SOL price faces challenges and coins like XRP continue to rally. The post Is Solana in Trouble? SOL Price Turns Red with XRP Rally – Can SOL Reach $1,000 in December? appeared first on Cryptonews.

This week in crypto promises to be eventful, with major developments expected to shape market sentiment. Ecosystems like Solana, Jito, Ethena, and Jupiter are set to make headlines with key updates.

Solana (SOL) has experienced impressive growth over the past few months, but recent price action suggests the momentum may be slowing as the coin faces strong resistance near $250. Here's an in-depth look at SOL's technical levels and market drivers.

Solana price, a Layer 1 blockchain token, has experienced a remarkable rally this year amid broader cryptocurrency market growth. Despite a recent market correction, analysts remain optimistic about SOL's potential to hit the $500 mark.

As Bitcoin continues to head lower on its own downward trajectory, the major altcoins are following suit. What are the best potential levels to catch a bounce for Ethereum ($ETH), Solana ($SOL), and Binance Coin ($BNB)?

Will XRP rally extend as whales position themselves for profit-taking?

Bitcoin (BTC) held above $95,000 despite facing a slight pullback over the weekend, falling just over 1%. Spot Bitcoin ETFs have seen notable weekly outflows that have stalled momentum towards the $100,000 milestone.

Solana's strong 2024 performance prompts speculation on its December trajectory and challenges ahead.

XRP has propelled itself to the third-largest cryptocurrency by market capitalization, surpassing Solana (SOL) and Tether (USDT). On Monday, December 2, the Ripple-backed cryptocurrency surged more than 25% in just 24 hours, reaching $2.4 per token, with its market cap crossing $140 billion.

The growth in the price of XRP had a reverse effect on its closest rival, Solana (SOL). As XRP inches closer to its all-time high (ATH) of $3.84, Solana falls further from it.

The cryptocurrency market faces a substantial supply expansion between December 2 and December 9, with Jito (JTO) leading cliff-based token unlocks. According to the data from Tokenomist, the total value of scheduled unlocks exceeds $1.14 billion.

Most on-chain activity is inefficient, with networks spending more for incentives than they receive in fees. Aptos, an early-stage L1 network, is the most inefficient, though it managed to grow its user base in 2024.

Ripple‘s XRP experienced a remarkable surge over the weekend, crossing the $2 mark for the first time in nearly seven years. Data from CryptoSlate shows that XRP reached a peak of $2.50, the highest price since January 2018, before stabilizing at $2.27 at press time.

With a 24-hour increase of 23.2%, XRP has swept the cryptocurrency world by storm, briefly breaking the $2 mark and now trading at $2.33. Its overall market capitalization has increased to $132.08 billion as a result of this surge surpassing Solana to become the fourth-largest cryptocurrency.

The rise of XRP to a $140B altcoin is heavily influenced by the US political shift and notable development of the XRPL network.

Despite its recent gains, XRP is still down by over 26% from its peak of $3.4 in January 2018.

Solana (SOL) has experienced notable price fluctuations recently, reaching an all-time high (ATH) of $264 before undergoing a significant decline. This pullback raised concerns about potential corrections.

The crypto market is abuzz after witnessing a seismic shift. XRP, the powering token for the Ripple ecosystem, surged past the $2 mark, cementing its position as the third-largest cryptocurrency by market capitalization.

XRP, a cryptocurrency launched by Ripple Labs Inc, has grown significantly in the past 7 days. These surges have brought the market cap to the third biggest after Bitcoin and Ethereum.

In a surprising twist of events, Ripple Labs-backed XRP has overtaken Solana (SOL) and Tether USDT on the same day to become the third largest cryptocurrency by market capitalization. The large-cap altcoin surged over 25 percent in the last 24 hours to trade about $2.4 on Monday, December 2, during the early Asian session.

XRP's Market Leap Linked to Stablecoin News: XRP surges 17% as Ripple eyes NYDFS stablecoin approval and potential SEC policy shifts on crypto.

XRP's recent surge brings it within $3.2 billion of overtaking Solana in market cap—what's driving this momentum?

XRP's surge highlights shifting regulatory dynamics and growing institutional interest, potentially reshaping the crypto market landscape. The post Ripple's market cap hits record high of $140B, flips Tether and Solana to become third most valuable crypto asset appeared first on Crypto Briefing.

According to CoinMarketCap, Ripple's native XRP token has a maximum supply of 100 billion and a circulating supply of roughly 57 billion.

The chief investment officer of Morgan Creek Capital is revealing his top five altcoins picks heading into the new year. In a new interview on the Altcoin Daily YouTube channel, Mark Yusko names his top token picks, including prominent smart contract platforms Solana (SOL) and Cardano (ADA).

Solana (SOL) has encountered a significant setback in the past week, with a 10% price drop from its all-time high (ATH) of $264.63 on November 22, 2024. This retreat has triggered a wave of long position liquidations and signals a shift in market sentiment.

The Ripple-linked XRP is skyrocketing Sunday, leaping 15% over the past day to a new seven-year high amid renewed regulatory optimism.

Ripple's XRP has gained over 11% in the past 24 hours, surging past Solana to become the fourth most valuable token on the market.

SOL appears ready to break above $249, but uncertainty grips the market.

Ripple's XRP has managed to surge past $2 after what felt like an eternity, sitting at exactly $2.10 as of press time. Not only that, but the coin has managed to overtake Solana, which used to be considered this cycle's top performer.

XRP is up by about 300% in the past month.

Here is how some of your favorite assets concluded the week.

Non-fungible token (NFT) sales experienced a 62.88% increase in November, reaching $588 million compared to $361 million in October. Ethereum-based NFTs dominated the market, generating $218.83 million—a rise from the $120 million recorded the previous month.

Year-to-date (YTD), the price of Solana (SOL) has increased by 117% and has broken its previous all-time high. Despite that, investors will be hoping that the December 2024 Solana prediction will bring in more gains.

Grayscale's cryptocurrency holdings have significantly increased during November, as altcoins like Stellar and XRP registered triple-digit gains, reinforcing analyst predictions of an incoming altcoin season. Notably, its cryptocurrency holdings have increased by over 85% in market capitalization during the past month.

Certain big names in the altcoin market are gearing up for an influx of tokens as a wave of token unlocks is approaching. According to data provided by Tokenomist, a notable number of major altcoin projects are set to experience a surge in circulating supply during the first week of December.

Cryptocurrency markets are still at risk from hacks, fraud, and big losses. This week's reports of hacks show that many platforms have security weaknesses. These problems also raise concerns about rules and safety in the industry.

Solana (SOL) has recently faced a price correction, largely attributed to the massive sale of 65,000 SOL tokens by a major holder, Pump.fun. The tokens, worth approximately $15.23 million, were deposited onto exchanges, triggering a series of market movements.

Solana's Spot Inflow/Outflow metrics indicate that SOL has seen significant outflows of $182.5 million from exchanges.

Solana (SOL), the world's fourth-largest cryptocurrency by market cap, is poised to lose its position to Ripple's native token, XRP. In recent days, SOL appears to be consolidating, while during the same period, XRP has soared nearly 95%, reaching a market capitalization of $106.5 billion by outperforming Binance Coin (BNB).

Solana (SOL) and XRP Ledger (XRP) recently crossed the $100 billion market cap as the cryptocurrency bull market started. Yet, XRP outperformed most cryptocurrencies in November, threatening to surpass SOL in the capitalization rank.

Popular crypto analyst Altcoin Sherpa says that one red-hot artificial intelligence (AI)-related memecoin continues to show market strength after a massive surge. The pseudonymous trader tells his 233,000 followers on the social media platform X that Act I: The AI Prophecy (ACT) is looking strong on the four-hour chart.

Solana (SOL) has taken a nosedive as whale movements mount to centralized crypto exchanges. The wider market drop led to negative sentiments from several categories of traders.

The crypto market has been showing mixed signals recently. While Bitcoin's price has dipped slightly to $96,926, its dominance has dropped to 58.84%, sparking speculation about a potential shift towards altcoins. Despite Bitcoin's minor setback, altcoins are starting to gain attention, with some showing strong growth.

Bitstamp, one of the longest-established cryptocurrency exchanges, has expanded its offerings for US traders by listing Solana (SOL) and Pepe (PEPE). US users can now trade Solana and Pepe against the US dollar and the Euro through four spot trading pairs: SOL/USD, SOL/EUR, PEPE/USD, and PEPE/EUR on Bitstamp.

A widely followed crypto analyst thinks one Solana (SOL) challenger is gearing up for more rounds of upside bursts. Pseudonymous analyst Altcoin Sherpa tells his 232,200 followers on the social media platform X that Sei (SEI) looks bullish after breaking out of a rounding bottom pattern on the weekly chart.