Coinbase added support for Solana-based decentralized GPU network io.net, boosting Solana's ecosystem.

Crypto conference panel titles are like little time capsules that give a sense of what the crypto world was interested in at a certain moment in time (at least in the eyes of conference organizers).

Over the past 24 hours, the Solana price seems to have found its footing following yesterday's hotter-than-expected inflation data, escaping with a 1.02% gain.

The CPI print usually creates volatility within the markets; however, this time it wasn't the same. The market participants were optimistic as a drop in the rates was speculated, which could have raised the BTC price and the other altcoins, including Solana, above the consolidated range.

Changpeng Zhao, the former Binance CEO, has been out of prison for a few weeks now but is probably on an international travel ban. This overall imprisonment, travel ban, fine of $50 Million, and resignation from his CEO position came with the exchange's failure to adhere to the US's anti-money laundering and KYC regulations.

Bitcoin may get all the attention, but don't sleep on the upside potential of Solana and this AI crypto token.

The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.

The company announces the acceptance of stablecoin payments on the Solana network for American merchants.

The BNB price action is currently one of the most resilient in the crypto space. Despite the wild volatility that hit the markets in August, BNB only lost 7.56%.

Binance Coin was among the digital coins that remained elevated over the past seven days. Increased interest in yield farming within the Binance Smart Chain platform kept BNB afloat this week, especially after Binance announced the Scroll (SCR) project on its Launchpool.

On 9 October 2024, Stripe announced a new feature, Pay with Crypto, which allows U.S.-based businesses to accept stablecoin payments that automatically settle as fiat in their Stripe balance.

Amid the increasing volatility in the crypto market, Solana-based meme coins are ready for bullish action. With V-shaped reversals to breakout rallies, these coins are set to explode this October. Curious to know which coins we are talking about. Find out now in a well-detailed price analysis of top Solana-based meme coins.

Layer-1 blockchain Solana has seen a resurgence in user activity over the past week. Both daily active addresses and new addresses have increased, indicating rising demand.

This week, we examine Ethereum, Ripple, Binance Coin, Toncoin, and Shiba Inu in greater detail. Ethereum (ETH) While Ethereum had a volatile week, its price held well and closed it with a 1% gain.

Binance Coin (BNB) shows signs of a significant price rebound. After a notable 6.26% gain over the past week, BNB is on track to approach the crucial $600 mark, prompting speculation about the possibility of reaching a new all-time high (ATH) of $747 by the end of 2024.

The new memecoin launchpad on BNB Chain, GraFun, announced that projects launching on its platform can automatically graduate to PancakeSwap V3 after reaching 31 BNB.

The GraFun is backed by leading crypto investors, developers, and an online community focused on democratizing meme coins on the BNB Chain.

BNB price has faced significant challenges in recent weeks, with repeated failed attempts to breach the key resistance levels of $606 and $618. For more than two months, the altcoin has struggled to break through these barriers.

Ethereum, XRP, and Solana show downside risks in the short term, with Ethereum and Solana forming bearish patterns and XRP targeting a 13% drop, according to technical analysis following the latest U.S. inflation report.

Solana tested the $135 support and recently corrected losses. SOL price is rising and might gain bullish momentum if it clears the $144 resistance.

BNB Chain will be a highlight at Binance Blockchain Week Dubai 2024, focusing on accelerating early-stage blockchain projects through the BNB Incubation Alliance.

Banking giant Standard Chartered predicts that solana could experience a significant surge of up to 400% if Donald Trump wins the 2024 U.S. presidential election. The bank's head of digital assets suggests that solana's faster transaction speed and support for decentralized applications position it well in a crypto-friendly environment.

Significant activity has been displayed by Shiba Inu, as evidenced by a spike in large transaction volume of 4.1 trillion SHIB over the last day, almost reaching its seven-day high. Large transaction volumes often signal increased interest from larger holders, or whales, which may have a significant impact on how prices behave in the future.

Solana (SOL) stands at a crucial juncture. Currently priced at approximately $142.98, investors are eager to see if the altcoin can reclaim the $200 mark this year.

Solana's top meme coins are currently outperforming major cryptocurrencies, experiencing notable price surges despite the ongoing bearish market sentiment. According to CoinMarketCap data, SOL-based Popcat (POPCAT) and dogwifhat (WIF) have surged by over 6.9% and 5.2% in the past 24 hours.

This downward trend might soon hit a pause as traders' actions diverge from the price movement.

The cryptocurrency market gears up for a potential turnaround, two prominent altcoins—Binance Coin (BNB) and OKB—are signaling strong bullish breakouts. With the recent fluctuations in the altcoin landscape, these centralized exchange (CEX) tokens are capturing the attention of investors and traders alike.

The United States Securities and Exchange Commission (SEC) has initiated a lawsuit against Chicago-based crypto maker Cumberland, alleging the company operated as an unregistered securities dealer in handling over $2 billion worth of cryptocurrencies.

Coinbase is adding support for one artificial intelligence (AI)-focused altcoin on the Solana (SOL) network. In a new announcement, the top US crypto exchange says that decentralized physical infrastructure network (DePIN) io.net (IO) is being added to the platform for trading. Says Coinbase, “Trading will begin on or after 9 a.m.

As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana, and Bitcoin.

Solana (SOL) price remains locked in a consolidation phase, mirroring the broader cryptocurrency market's stagnant performance. The coin has shown little movement, with no clear signs of an impending upward trend.

Famed for its proof-of-history consensus mechanism and growing decentralized finance (DeFi) space, Solana continues to take center stage in the crypto sector.

Payments giant Stripe is announcing global support for USDC settlements over the Ethereum (ETH), Solana (SOL), and Polygon (POL) blockchains.

Solana (SOL) is currently trading at the lower end of a monthly range that began in March, positioning the asset at a pivotal level that will dictate its price action in the coming months. As the broader crypto market faces uncertainty, analysts and investors closely monitor whether this range represents an accumulation phase that could precede a significant rally.

SEC announced on Thursday, October 10th that it is charging Cumberland DRW with different security charges. One of the charges states that the crypto trading firm is an unregistered dealer while handling more than $2 billion in crypto assets.

The SEC continued its crypto crackdown Thursday with charges against Cumberland, again calling Solana and other assets securities.

The price of Solana (SOL) has fallen below its moving average lines, reaching a low of $133. The altcoin has been trading between $130 and below the moving average lines over the past week.

Major cryptocurrencies XRP, Solana and Chainlink might be candidates for a potential price rebound if indications presented by current market sentiment turn out favorable.

The Solana price has suffered along with the rest of the market today, falling by 2% in the past 24 hours as prices fall by 3% on average.

Solana is once again in the headlines, this time for having a major surge in development activity, keeping it ahead of its competition with Arbitrum and Avalanche. Related Reading: $6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy According to Santiment, the development activity regarding Solana has increased by 10.7% just within the last week, and the signal is clear that developers and projects alike are interested in this space.

A recent report from Standard Chartered Bank, analysts raised eyebrows regarding the valuation of Solana (SOL) in comparison to Ethereum (ETH). While Solana appears overvalued based on various metrics, the future performance of these cryptocurrencies could be heavily influenced by the outcome of the upcoming U.S. presidential election.

The broader crypto market remains stuck in a consolidation period. Solana (SOL) has also continued its sideways movement with no signs of any immediate upward trend.

Stripe has announced the reactivation of crypto payments for U.S. businesses, allowing businesses to accept USDC through Ethereum, Solana, and Polygon.

Solana (SOL) has been showing signs of macro bullishness, which could potentially help the altcoin break out of its current ascending triangle pattern. A breakout would open the door for a significant price surge, with institutional investors playing a key role in driving this momentum.

The ecosystem of memecoin on Solana is experiencing a moment of difficulty, offering a bull opportunity to the rest of the altcoins.

Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP).

It's the first time in six years that Stripe's U.S. business customers can accept crypto payments since it ended support for bitcoin in 2018.