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news-imageOctober 31, 2024

Is Solana the Season's Breakout Star? 30% Growth Potential as It Outpaces Ethereum

Bitcoin is currently in an impressive position, having broken above key resistance levels. On the weekly chart, the trend looks strong, and the daily chart confirms a healthy retracement that could establish new support. After months of consolidation, Bitcoin's momentum is gaining traction, and we're keenly watching these movements across different time frames.
Publisher: CoinPedia
Sentiment: Positive
ETH
SOL

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Positive
cover-imageThe Currency Analytics
October 31, 2024

Toncoin (TON) Set to Overtake Ethereum in User Base by Year-End

Toncoin (TON), the cryptocurrency associated with the Telegram ecosystem, is on a remarkable growth trajectory, with analysts predicting it could surpass Ethereum in user base by December 2024. This potential milestone highlights the rapid adoption and increasing popularity of Toncoin, fueled by significant user engagement and accumulation among larger investors, often referred to as “whales.

Positive
cover-imageThe Daily Hodl
October 31, 2024

Crypto Analyst Says One Large-Cap Memecoin Looking Very Strong, Updates Outlook on Bitcoin and Solana

A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low.

Positive
cover-imageThe Daily Hodl
October 31, 2024

Ethereum in the Final Innings of Downtrend Against Bitcoin, Says Top Analyst Benjamin Cowen – Here's His Outlook

A widely followed crypto analyst says that Ethereum (ETH) is in the final stages of its decline against Bitcoin (BTC). In a new strategy session, crypto trader Benjamin Cowen tells his 819,000 YouTube subscribers that based on historical patterns, the top altcoin appears as if it's about to break out against the crypto king.

Neutral
cover-imageCryptonews
October 31, 2024

Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next?

Ethereum price struggles as it nears a potential breakout with an ascending triangle pattern. Rising competition and low ETF demand contribute to stagnation, yet Ethereum remains dominant in DeFi. Could upcoming market shifts finally catalyze an ETH rally? The post Ethereum Price Underperformance Continues, But Ascending Triangle Forms – Is a Breakout Next? appeared first on Cryptonews.

Positive
cover-imageCrypto news
October 31, 2024

What is Solana?

Blockchain technology is evolving rapidly, and Solana continues to make its case as one of the most promising projects in the cryptocurrency world.

Positive
cover-imageBitcoin
October 31, 2024

Canary Capital Files for Solana ETF to Provide Direct SOL Exposure

Canary Capital Group LLC has filed a registration statement with the U.S. Securities and Exchange Commission (SEC) to introduce the Canary Solana ETF. This exchange-traded fund (ETF) aims to give investors direct exposure to solana (SOL), minus operational expenses, through shares listed on a U.S. exchange.

Positive
cover-imageThe Currency Analytics
October 31, 2024

Vitalik Buterin Reveals Ethereum's Splurge Goals

Ethereum co-founder Vitalik Buterin has unveiled the highly anticipated sixth installment of his series, titled “The Future Development of the Ethereum Protocol Part 6: The Splurge.” In a detailed blog post, he articulates his visionary goals for the upcoming Splurge phase, focusing on enhancing the performance and user experience of the Ethereum blockchain.

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