The Solana dapp ecosystem reached significant monthly revenue numbers in November, with Pumpfun crossing the $100 million mark. Solana Dapp Revenue Goes Parabolic Solana's decentralized applications (dapps) hit an all-time high of $365 million in November. According to Syndica research, Solana's total dapp revenue of $365 million exceeded Solana's network revenue of $92 million.
A decentralized real estate trading platform built on smart contract platform Solana (SOL) saw its price rise and dip after gaining support from Coinbase.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has been steadily gaining attention as the crypto market shows signs of upward momentum. Over recent days, Ethereum's price has shown positive strength, leading many to believe that a major rally is imminent.
Cryptocurrency markets are trading lower on Thursday, with Bitcoin falling below the $100,000 mark following Wednesday's Fed meeting. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,083.43 -5.7% Ethereum (CRYPTO: ETH) $3,377.75 -9.3% Solana (CRYPTO: SOL) $192.61 -8.3% XRP (CRYPTO: XRP) $2.21 -6.5% Dogecoin (CRYPTO: DOGE) $0.312 -14.1% Shiba Inu (CRYPTO: SHIB) $0.00002161 -12% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 7.4%; daily active addresses remained relatively flat.
After an extended selloff streak, the crypto market witnessed one of the most intense liquidations of the past month, with Bitcoin (BTC) leading the losses. According to data from CoinGlass, at least 377 traders have suffered the bloodbath in the market.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
Crypto asset manager Bitwise has launched a Solana staking exchange-traded product (ETP) in Europe, while it awaits approval in the United States for its Solana exchange-traded fund (ETF) offering.
Positive netflows to exchanges also surged to the highest level in a week as selling activity spiked.
A meme token created by a gold and silver maximalist became a hit in the Pump.fun trenches. UFD produced 11 millionaire wallets as valuations broke above $200M.
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.
The performance of Solana (SOL) in the past month has been a bit disappointing although its yearly gains are still robust.
Before Federal Reserve Chair Jerome Powell announced a 25 basis point (bps) interest rate cut, Ethereum (ETH) holders were optimistic that the event would fuel a rally toward $4,500. However, the rate cut did not yield the anticipated bullish outcome, with ETH experiencing a 4.50% decline shortly afterward.
In 2024, Solana experienced spectacular growth in the field of decentralized applications (DApps), largely thanks to the rise of memecoins. According to a crypto report, Solana-based DApps generated revenues of $365 million in November 2024, with memecoins leading this growth.
Few projects in crypto's short history have done more to both capture and shape the culture—for better or worse.
Several altcoins including the native token of the XRP Ledger, Solana's native token SOL, Maker's governance token MKR, and Worldcoin's WLD could soon see significant price surges over a key technical indicator that just flashed buy signals for these.
Franklin Templeton files for Bitcoin and Ether ETF as Bitcoin holds $100k. SEC approval likely in 2025 under pro-crypto leadership.
Solana (SOL) investors were disappointed after the coin experienced a massive decline from its all-time high (ATH) of $264 in November. Recent metrics indicate Solana could witness a rebound to new price levels.
This year, the correlation between the cryptocurrency market and traditional finance is more entrenched than ever before. This was largely due to the introduction of Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds, the arrival of BlackRock, VanEck, Fidelity and many other giant financial institutions to the market.
Solana price has moved into a technical bear market as the crypto sell-off intensifies after the hawkish Federal Reserve decision. Solana (SOL), the fifth-biggest cryptocurrency, dropped to the psychologically important support at $200.
Sonic and Injective partner for the cross-chain AI Agent platform, integrating Solana and Injective ecosystems via a Smart Agent Hub.
Ethereum's (CRYPTO: ETH) 5% drop on Thursday has sparked speculation among traders about its ability to recover and close above the critical $3,700 mark by year-end. What Happened: Lookonchain data highlights a skilled whale, possibly associated with LonglingCapital, who purchased 6,000 ETH during a price dip.
Fartcoin, a Solana meme coin, has achieved remarkable growth with a 300% price increase over the past month, reaching an all-time high of $1.17.
As 2025 draws near, market experts are talking a lot about how much Ethereum and Solana are competing with each other. Both cryptocurrencies have grown by leaps and bounds in 2024, nevertheless, perspectives vary on which will finally prevail in the altcoin industry in the forthcoming year.
The Federal Reserve's hawkish tone for 2025 pressures crypto markets, cooling Bitcoin's rally while raising concerns over tighter liquidity and macroeconomic risks.
Solana's decentralized app (DApp) ecosystem exploded in November 2024, reaching a record $365 million in revenue. The post Solana DApp Revenue Soars 15x in 2024, Led by Meme Coins and DeFi appeared first on Cryptonews.
Ethereum has recently seen a dramatic shift in its market dynamics, with a large number of ETH being withdrawn from centralized exchanges, particularly Binance. In the past two months alone, more than 7.8 million Ethereum have left Binance, drives speculation about the cryptocurrency's price movement and long-term prospects.
This push is part of a growing movement within the Ethereum community to increase the maximum gas that can be
XRP and ETH are neck and neck in a race to pull capital away from Bitcoin as market sentiment grows risk-averse. But only one will seize the moment.
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.
Because it is still stuck in a descending channel, Solana is still showing bearish momentum, which suggests that the asset is under more pressure. SOL is now trading at about $210 after gradually declining, failing to maintain its prior highs of about $280.
Fartcoin, a popular Solana-based token, is up 500% in just 11 days and shows no signs of stopping. Despite the recent crash in Bitcoin price below $100,000 that caused altcoins to drop double-digits, FARTCOIN continues to trend higher.
It's been under a week since the launch of the $SOLX presale, but Solaxy's native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.
Ethereum price declined to a critical support level as cryptocurrencies experienced a sharp pullback following the Federal Reserve's hawkish interest rate announcement. Ethereum (ETH) slipped to $3,540, marking a 10% drop from its peak earlier this week.
After the FOMC sell-off, BTC, ETH and XRP eased at key levels. Is a pre-Christmas recovery on the cards?
Strategic collaborations and decentralization: how Kraken is redefining the future of cryptocurrencies
Ethereum price resisted pressure to break below USD 3,600, signaling a reversal trend, but its DeFi performance is a potential limiter.
The Ethereum community is mobilizing to increase the network's gas limit, a key parameter for validators.
Solana price has experienced a notable decrease in the past 24 hours, reflecting the broader crypto market cues. This drop comes after SOL hit a three-month high.
The crypto market experienced a significant downtrend recently, as the Bitcoin price fell below $100,000. Although BTC has recovered from that dip, the impact of the downfall is still visible in the remaining cryptos.
Solana's decentralized applications (DApps) revenue hits a new milestone, contributed by the surge in meme coin-related activity and other factors. During November 2024, the network clocked a staggering $365 million in revenue, as per the latest report.
Pump.Fun, the flagship dApp of the Solana ecosystem, continues to record mind-blowing numbers, increasing its revenue in the month of November.
SOL is showing signs of a major recovery as the market skews bullish, though its next move remains uncertain.
Ethereums price is under pressure after a 7% plunge triggered by the FOMC meeting. With bearish sell signals forming on the charts, ETH could drop to $3,100 unless bulls regain control at key support levels near $3,500.
Ethereum whale linked to Longling Capital acquired 6,000 ETH, continuing a pattern of buying low and selling high.
Ethereum price has dipped igniting fears of a potential price crash. Analysts highlight bearish signals, but some still predict a recovery.
A well-known Ethereum whale, most likely associated with Longling Capital, has taken an unexpected action in the wake of Ethereum's recent decline in value. The whale's purchase of 6,000 ETH shows confidence in a possible price spike.
The BlackRock iShares Ethereum Trust (ETHA) has continued outperforming its peers after recording a 14-day inflow streak. Per data from Farside Investors, ETHA recorded an $81.9 million inflow on Dec. 18, bringing its total inflow to $3.446 billion.