TL;DR By October 2024, $1.3 billion worth of tokens will be unlocked on the market. Notable projects include Celestia, Sui and Aptos, with major releases scheduled. Investors should be on the lookout for potential impacts on cryptocurrency prices due to these unlocks.
Solana price has carved out a substantial portion of the total crypto market cap. Known for its high transaction speed and low fees, Solana attracted meme coin creators and subsequently earned the nickname ‘home of meme coins.
XRP has been hovering near $0.6351, down slightly by 0.95% for the day. The coin is testing a resistance level near $0.6548, and a breakout above this could signal further gains.
An analyst known as a “Master Trader” on the crypto exchange Bybit believes October will be a bullish month for Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 276,900 followers on the social media platform X that top memecoin DOGE appears to be in the early stages of a five-wave rally.
Layer-1 blockchain Sui (SUI) is set to unlock 64 million tokens on October 1, representing 2.40% of the total circulating supply. As the crypto community eagerly awaits the release of these tokens, SUI is experiencing heightened investor interest.
Solana is holding gains above the $150 resistance zone. SOL price is consolidating and might aim for a fresh increase above the $162 resistance zone.
Solana is currently making a run at Ethereum. Bitcoin could be next.
Crypto expert Ben Armstrong, aka “BitBoy Crypto,” highlights 8 key cryptocurrencies to watch during this bull season, targeting a potential $16 trillion market. He stressed that consistency is important, but being open to new data and volatile market trends sets successful traders apart from those stuck in the past.
A few days after reaching a peak of $161, the cryptocurrency Solana (SOL) pauses in its recent ascent. The flagship token of the high-performance blockchain ecosystem is experiencing a slight correction, raising questions about the sustainability of its bullish momentum.
Most of the cryptocurrencies are facing a correction today, according to CoinStats.
Solana (SOL) is now trading around a crucial supply zone after an impressive 26% surge since September 18, following the Federal Reserve's announcement of interest rate cuts. This sharp rally has sparked optimism among analysts and investors, who hope Solana could soon reach new all-time highs.
The largest token unlock of the month belongs to Celestia, which will unlock 175.56 million TIA tokens on October 30.
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.
Solana's (SOL) price has struggled to break above $160 over the past two months, repeatedly failing to sustain momentum. However, many in the market believe that “Uptober” could bring a reversal.
SUI surged 115% in September, becoming the top-performing altcoin and reaching a five-month high. At press time Sui (SUI) was trading at $1.77 recording a 7% price jump over the day while its market cap surged past $4.
As Bitcoin prepares to break through the top of its bull flag, or perhaps be rejected once again, both Ethereum and Solana are starting to turn the tables on the number one cryptocurrency. If $BTC can hold firm, is this the time when the major altcoins will start to steal the show?
Sui cryptocurrency has seen a significant price surge, rising 10% in 24 hours and 125% in a month, bringing it close to its all-time high of $2.18 amid increased market interest and positive technical indicators.
Closely followed economist and trader Alex Krüger says that Solana (SOL) exceeding the market cap of Ethereum (ETH) isn't as farfetched as many investors believe. In a new discussion on the Unchained podcast, Krüger addresses Multicoin Capital managing partner Kyle Samani's perspective that Solana will eventually flip Ethereum.
Solana whales are accumulating tokens as the price approaches key resistance, but declining social sentiment creates uncertainty around SOL's short-term outlook despite long-term bullish predictions.
As September closes with a rally hope in October, the cryptocurrency market is showing signs of recovery, breaking its usual bearish trend for the month. With Bitcoin climbing back above $66,000 and top altcoins, including Solana, surpassing key resistance levels of $155, there's growing excitement about a potential altcoin season.
This week marks an exciting period for the crypto market, with key events expected to drive market sentiment. At the forefront are the highly anticipated remarks from Federal Reserve Chair Jerome Powell and a significant $100 million token unlock by SUI.
The upcoming $1.3 billion token unlock could significantly impact market dynamics, potentially increasing selling pressure and volatility. The post Celestia, Sui, and Aptos set for $1.3 billion token unlock next month appeared first on Crypto Briefing.
Whales are now holding 59% of Solana—a key sign that the market is turning bullish.
A prominent cryptocurrency commentator predicted a significant price surge for Solana (CRYPTO: SOL), expecting as much as 5x return by the end of 2025. What Happened: MartyParty, a widely-followed cryptocurrency influencer who also happens to be a music artist, said in an X post Sunday that Solana has been organically consolidating at $150 for 225 days.
Solana-based memecoins experienced strong gains last week, pushing the ecosystem's market cap to $8.6 billion.
Solana (SOL) continues to capture the attention of investors and traders alike, the recent surge in whale activity raises questions about its potential price trajectory. With whales now holding a significant 59% of Solana's circulating supply, many are speculating whether this influence can push the altcoin beyond its crucial resistance level of $209.
The crypto-keen, stock market-listed Japanese firm Remixpoint has announced it has used its balance sheet to buy Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) holdings.
Sui (SUI) price, a prominent layer-1 blockchain, is experiencing a significant uptrend. The SUI tokens have recently risen sharply, showcasing a strong bullish momentum.
SUI price surge is on the verge of breaking the $2 resistance after a strong rally, with a bullish pattern suggesting
SUI is currently testing crucial supply levels after an impressive 75% surge from local demand around $1 since mid-September. This aggressive price movement has placed the layer-1 blockchain at the forefront of market discussions, making it one of the most trending assets right now.
Remixpoint invests millions in Bitcoin, Ether, and other cryptos to bolster its cash management strategy.
An analyst who earned the “Master Trader” rank on the crypto exchange Bybit believes that one frog-themed memecoin will leave most digital assets in the dust.
Solana price is down 0.83% on this low-volatility Sunday, currently trading at $155.44. The renewed selling pressure can be attributed to substantial selling from the Pump.fun fee account, alongside a natural pullback after a three-week rally.
A cryptocurrency trader has made headlines by achieving an extraordinary return of over 11,500% through trading a newly launched meme coin called MOO DENG.
TL;DR Sui Network Overview: Sui Network is a cutting-edge Layer-1 blockchain designed to simplify smart contract creation and execution, excelling in handling multiple transactions simultaneously. Q4 2024 Price Prediction: SUI's price is forecasted to range between $1.74 and $8.24, with optimistic scenarios suggesting a potential increase. Conservative estimates predict a minimum price of $0.
Twelve cryptocurrencies will unlock nearly $300 million in previously non-circulating supply this week, raising concerns as sales could intensify. Among these unlocks, three projects alone will release over $220 million, to which traders and investors should give special attention.
One of the most incredible returns in the cryptocurrency world is revealed by a recent on-chain report. A user paid just 6 SOL (roughly $815) for 30.1 million MOODENG tokens 17 days ago.
Arthur Hayes, co-founder of the BitMEX exchange, has strategically boosted his meme coin holdings as he anticipates a strong market rally in October—popularly referred to as “Uptober” by traders. According to SpotOnChain data, Hayes has accumulated a staggering 24 billion PEPE tokens, alongside significant investments in Solana-based meme tokens like MOTHER and MOG.
As the Bitcoin price reclaims the $66,000 mark during the early Asian trading hours, the crypto market continues gaining momentum. Following this, the most volatile altcoin, Solana token has held its value above the $150 mark, indicating increased bullish action.
The trajectory of Solana [SOL] hinges on several decisive factors.
A crypto trader has recorded a gain of over 11,500% by trading a Solana meme coin, which has sparked discussions in the broader crypto market. The newly launched meme coin, MOO DENG, has gained notable traction lately and has returned substantial gains to investors in recent days.
The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango Markets over alleged regulatory violations. The SEC alleges that the DEX's decentralized autonomous organization (DAO) skirted registration provisions and deprived investors of critical protections.
The cryptocurrency market is on the verge of concluding September on a positive note. With this, the crypto space breaks its historic market trend of a bearish September. This further hints at a bullish Q4 and the potential beginning of an Altseason market.
Crypto volume staged a strong comeback in centralized and decentralized exchanges as most coins bounced back.
Although new addresses have risen remarkably, the weekly transaction fee was lower than in April 2024.
Data from Solscan.io revealed that an unlucky investor had panic-sold 21M $MOODENG missing out on a chance to cash out at $6.3M. He discovered the memecoin an hour after it launched with a market cap of $210K and acquired the MOODENG for 26 SOL (~$3,537).
In cryptocurrency, a “whale” refers to an individual or entity that holds a large amount of a particular coin or token. These whales have the power to influence market movements due to their ability to make significant trades.