"There's just so much more possibility and potential energy in Solana," Resnick told CoinDesk after quitting his Consensys job for a job at Anza.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Decentralized exchange aggregator Jupiter's governance has approved a proposal to airdrop $860 million worth of JUP tokens to community voters called Jupuary. The proposal, spearheaded by Jupiter founder Meow, aims at incentivizing long-term participation.

Bitcoin briefly rose back above $100K on Monday morning, but has since fallen, dragging many other major assets along with it.

Solana (SOL) price is currently trading roughly 15% below its all-time high reached on November 22, while its market cap it's now at $107 billion, surpassing tech giant Xiaomi. Despite a positive BBTrend on December 8, indicating some upward momentum, it has since weakened and is now at 0.66, suggesting that the trend could reverse soon.

The crypto market faces turbulence as Bitcoin slips below $98,500. Despite minor dips, Toncoin and Solana hold key levels, sparking speculation of fresh highs. With strong fundamentals and robust network activity, the path forward hints at significant potential, even amid liquidation pressures.

Jupiter token holders approved a pair of airdrops via a revised proposal, not long after rejecting a plan to hand out $1.7 billion in JUP.

Bitcoin's failure to hold $100,000 could attract profit booking from traders. Which altcoins will follow BTC's downtrend?

Solana has dipped by 4% in the past 24 hours, yet analysts are setting huge targets for it for next year. The post Crypto Analysts Predict $420 for Solana – Is This the Rally of the Year? appeared first on Cryptonews.

Jupiter's founder, Meow, emphasized the importance of rewarding genuine users and preventing opportunistic ‘airdrop farmers' from exploiting the protocol.

As Bitcoin (BTC) and Binance Coin (BNB) became the first major cryptocurrencies to set new price ATHs in this cycle, experts are certain that more coins will follow the leaders soon. A CryptoQuant community analyst who goes by Maartunn shared his views.

The revised vote changed how tokens would be distributed to users with additional checks to prevent tokens from going to mercenary airdrop farmers.

Amid revolutionary announcements, technological developments, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic conflicts. Here is a summary of the most significant news from the past week concerning Bitcoin, Ethereum, Binance, Solana, and Ripple.

The crypto markets are contracting again as the Bitcoin price is losing grip over the rally as the token is struggling to sustain above $98,500. This has caused the other top altcoins, like Ethereum, to lose support as it drops below $3,900.

TL;DR Digital assets investment products recorded a historic $3.85 billion in inflows last week, highlighting growing institutional interest and pushing YTD totals to $41 billion. Ethereum saw its highest-ever weekly inflows of $1.2 billion, reflecting increasing confidence among institutional investors in its long-term potential.

The U.S. Securities and Exchange Commission (SEC) is reportedly set to reject two proposed exchange-traded funds (ETFs) for Solana (SOL), according to Bloomberg's senior ETF analyst, Eric Balchunas.

Ethereum's Total Value Locked (TVL) has surged by an impressive $7.79 billion over the past week, marking it as the blockchain with the highest growth in TVL during this period. This significant development coincides with the temporary rise of the ETH price to $4,000, indicating renewed investor confidence in the cryptocurrency.

After a strong market rally over the month of November, the Solana price experienced notable upward momentum. Following a slight market correction, SOL is now consolidating, presenting potential buying opportunities for investors.

As Bitcoin price soars past $98,000 to retarget $100,000, Solana price is trading at $226. Amid the heating cryptocurrency market, Solana ecosystem is thriving with a total market cap of $352.82 billion and a 24-hour trading volume of $176.53 billion.

The meme coin market is on fire, with billions of dollars in daily trades, and airdrops are helping new projects stand out. One of the most exciting airdrops right now comes from Jupiter, a top decentralized exchange (DEX) on Solana.

Bitcoin (BTC) dipped below the $100,000 level earlier today as its price continues to consolidate while facing resistance around the $101,000 mark. The price had risen to $101,267 early during trading but fell considerably to a low of $99,113 before marginally recovering to settle at its current level.

Pudgy Penguins plans to launch an 88.88 billion supply PENGU token on Solana this December, while their NFT floor price hits $74,000 and their brand expands through mobile gaming and retail channels.

Solana demonstrates sustained bullish momentum supported by technical indicators, rising open interest, and increased derivatives activity, while trading at $238.32 with strong market fundamentals.

This means you no longer have to jump through hoops to move your crypto between different networks. With this new feature, Phantom Wallet makes it as easy as pie to trade tokens across these popular blockchains.

When trading coins like XRP, DOGE, Bitcoin, and Solana, traders take a risk with price volatility, meaning they either miss out on opportunities or suffer massive losses. To solve this issue, many inexperienced traders are using AI to their advantage, allowing them to stay ahead of the curve.

The altcoin industry has signaled a major bull rally in the near term after consolidating in the past eight months.

The cryptocurrency market has seen significant movements recently, with major players like Ethereum (ETH), Bitcoin (BTC), and Solana (SOL) capturing the spotlight. As Ethereum rallies toward the $4,000 mark, Bitcoin tests the $100,000 range, while Solana breaks free from its long-standing downtrend.

Bitcoin claims the historic $100,000 milestone, President-elect Donald Trump picks former SEC commissioner Paul Atkins to replace Gary Gensler as agency chair, and more in today's edition of the weekly recap.

Solana (SOL) was one of 2024's top-performing cryptocurrencies, surging from $100 at the start of the year to $235 by early December—a staggering 135% gain.

Solana (SOL) has been stuck in range-bound consolidation, given that it has posted the lowest gains in the last seven days among the top ten largest cryptocurrencies by market capitalization. SOL traded at $236 at press time after a 1.8% loss in 24 hours.

Wallstreetbets and Cardano both saw their X accounts compromised on Sunday morning. Here's the latest.

Solana price has gained notable momentum since early November, reflecting a strong bullish trend in the cryptocurrency market. Analysts are optimistic, projecting SOL could reach the $420 mark despite minor market corrections.

Raoul Pal, a former Goldman Sachs executive and well-known macro investor, has expressed a bullish outlook for two major cryptocurrencies, Solana (SOL) and Ethereum (ETH), based on their strong technical charts. According to Pal, these two assets are poised for significant price movements, with Solana showing clear signs of a breakout and Ethereum gearing up for a potential “spectacular” rally.

Solana (SOL) price is rising as buyers try to keep it above the 21-day SMA and the $248 level.

Solana (SOL) appears ready for a significant breakout as its weekly chart reveals a compelling bullish setup. Over the last few days, Solana's price has been consolidating despite hitting a new all-time high on November 22.

Solana's bullish setup and rising Open Interest indicate a strong potential for a price surge.

Solana, a popular cryptocurrency known for its fast transaction speeds and growing community, was seen as a top candidate for an ETF, a financial product that allows investors to trade the cryptocurrency through traditional stock exchanges. Many believed that a Solana ETF would offer an easier way for mainstream investors to gain exposure to the digital asset market.

Jup's price action suggests mixed signals, leaving traders questioning whether the asset will rally or retreat.

As of October 2024, Exchange Traded Products (ETPs) tracking digital assets reached a record of $100.5 billion, up 13.2% from the previous month. The total value of the digital asset market rose by almost 9% to $2.54 trillion in October.

Solana-based meme coin launchpad Pump Fun has drawn the wider community's attention following recent transfers. According to Lookonchain data, Pump Fun has continued its huge Solana deposits to centralized crypto exchanges.

The prices of cryptocurrencies have soared in 2024, specifically hitting huge gains and some hitting new all-time highs shortly after the 2024 presidential election. One of the hottest cryptocurrencies of late is XRP Token (CRYPTO: XRP) from Ripple.

The U.S. Securities and Exchange Commission (SEC) is reportedly swatting down Solana (SOL)-based exchange-traded fund (ETF) applications in the final weeks of Gary Gensler's tenure as the regulator's chair.

Pengu's tokenomics reveal a significant share for the community, with a strategic approach to team and company allocations.

A new report deals a major blow to the chances of a Solana exchange-traded fund launching on Wall Street soon. Just days after cryptocurrency behemoth Grayscale joined the SOL ETF race, sparking hopes of an impending greenlight, the Securities and Exchange Commission (SEC) has informed at least two prospective would-be ETF issuers that it will reject their applications.

In a seemingly direct appeal, Mishaboar, a prominent Dogecoin community member, has called on Phantom, a popular Solana wallet, to add support for Dogecoin.

These 3 Cryptocurrencies Could Skyrocket in 2025

The cryptocurrency market has shifted gears into full altcoin season, as evidenced by the CMC Altcoin Season Index hitting a near-record 85/100, signaling explosive interest in altcoins. With Bitcoin ($BTC) crossing the monumental $100,000 mark and Ethereum ($ETH) reclaiming $4,000, retail traders are diving headfirst into speculative assets like memecoins.

Website: Lunex Network Telegram: Join Our Telegram Community Twitter: Follow Us On X