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.
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.
Solana's climb has now placed it as the fourth-largest cryptocurrency position, following only Bitcoin (BTC), Ethereum (ETH), and Tether's USDT.
Solana's native digital asset (SOL), has jumped 17% in the last 24 hours, reaching a market value of $87.3 billion and passing Binance Coin (BNB) to become the fourth-largest cryptocurrency. This rise follows Donald Trump's recent election win, which has sparked hope for a Solana ETF approval.
Solana price went vertical on Wednesday, November 6, as cryptocurrencies welcomed Donald Trump's win. It jumped to an intraday high of $188.40, its highest level since July 29 as a popular Wall Street analyst predicted a SOL ETF approval in the incoming administration.
This morning, Solana (SOL) woke up as the fourth most valuable cryptocurrency after surpassing Binance's BNB Chain (BNB) in capitalization. The surge happened as the United States elected Donald Trump as its next president – an outcome expected to favor cryptocurrencies.
The crypto market has experienced a significant uptrend over the past few hours. With Donald Trump winning the U.S. election 2024, the Bitcoin price has achieved a new ATH above the $75k level. Following this, the Ethereum price has surpassed the $2.6k range.
The market participants have become extremely bullish over the crypto space, with Donald Trump winning the U.S. presidential elections. The Bitcoin price surged to hit a new ATH above $75,000, which helped the Solana price rise above $180 with enough bullish support. Besides, the DeFi TVL hits $6.
The U.S. election heats up, cryptocurrency markets are experiencing a surge in volatility, but one altcoin in particular—Solana (SOL)—has been attracting significant institutional attention. In fact, Solana's price movements are starting to reflect a broader sense of optimism from major investors, with $5.7 million in institutional inflows recorded just recently.
The popular crypto payment system, which was first built on the Solana blockchain, has just expanded to support Bitcoin, Ethereum, and Layer 2 (L2) solutions. This is a big deal for both merchants and customers.
TL;DR Solana (SOL) has surpassed Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, with Solana's market cap at $86.8 billion compared to BNB's $83.1 billion. Solana's growth is driven by increased on-chain activity and higher transaction fees, with its decentralized exchange Raydium generating over $3 million in fees within 24 hours.
One of the biggest trends of 2023 among the leading layer-2 projects on Ethereum was the emergence of “blockchain in a box,” where the teams encouraged developers to clone their code to spin up new layer 2s. Now, it appears, one project in particular, Optimism, appears to be pulling away as the clear leader.
Traditional financial institutions are increasingly building on the Solana blockchain, attracted by its technical capabilities and low transaction costs, despite its popular association with memecoins.
Cryptos surge on US Election Day – Discover Key Price Levels, Drivers Behind the Rally, and What's Next for These Top Cryptos.
Bitcoin dominance approached 61% with Solana dominance also primed to touch record high.
Ethereum has found it difficult to keep up with Bitcoin, which has surged to record highs in recent weeks. Ethereum has maintained a descending price channel, indicating a more muted performance, while Bitcoin has garnered attention with its spectacular rally.
On-chain data shows derivatives exchanges have just received large Ethereum deposits, something that could lead to volatility in ETH's price. Ethereum Exchange Netflow Has Seen A Sharp Positive Spike Recently As explained by an analyst in a CryptoQuant Quicktake post, the Exchange Netflow for ETH has registered a large spike recently.
In this article, we look at the latest (bullish) news from the crypto world involving the Solana blockchain and the SOL token.
Ethereum has broken above $2,500 after finding support at $2,350, showing positive technical indicators while facing resistance at $2,580 and $2,620 levels.
Solana made a big leap, climbing 17% to hit $188. This pushed it above Binance Coin (BNB), making it the fourth-largest cryptocurrency by market cap. On the other side, Toncoin's ranking slipped, moving down from the 9th to the 11th spot.
SOL's market capitalization has outperformed BNB's, claiming the fourth position among the top largest cryptocurrencies by market cap. According to live data from CoinMarketCap, Solana's SOL has performed impressively in the last 24 hours, recording a gain of 15.41%.
During the Election Day, "green" dominates the prices of cryptocurrencies led by BTC and ETH.
Ethereum (ETH) stands at a critical turning point, with opinions split on its future performance this cycle. Some analysts argue that ETH will continue to lag, possibly underperforming against other assets like Bitcoin, which has shown strong momentum.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
Solana's valuation swelled to $87.3 billion, joining other altcoins like Dogecoin in posting double-digit gains amid a general market uptrend.
An incoming crypto-friendly Trump administration could make allowing crypto ETFs in the U.S. easier, traders say, boosting SOL's prices.
Solana's rapid rise in the NFT market is fueling demand for SOL, positioning it as a strong contender in the blockchain space.
Ethereum (ETH) products saw a significant turnaround this week, with $9.5 million in inflows, reversing its recent streak of outflows and surging ahead of Solana (SOL) in the race for institutional investment. According to a report from Coin Shares on crypto fund flows, Ethereum's momentum gained ground amidst macroeconomic uncertainty, largely driven by the ongoing political events surrounding the U.S. Presidential elections.
Ethereum price found support near $2,350 and started a fresh increase. ETH is rising and might aim for a move above the $2,580 resistance.
One market analyst said there's “no reversal in sight” for Ethereum's value against Bitcoin.
Leading cryptocurrencies jumped as polls began to close in the high-stakes presidential election between Donald Trump and Kamala Harris. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.
In October, the Solana blockchain registered 123 million active addresses. It has grown 42% since September and has risen dramatically from 12.7 million addresses at the start of the year.