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news-imageJanuary 28, 2025

OKX 2025 DEX report: Solana leads Ethereum, DeFi derivatives dominate

On January 28, the OKX trading platform released its State of DEX 2025 report, which offered an analysis of the decentralized exchange (DEX) market last year. The report extensively discussed the rise of Solana against Ethereum, the dominance of derivatives trading in crypto, and the growing influence of AI-driven protocols in the virtual currency sector.
Publisher: Cryptopolitan
Sentiment: Positive
ETH
SOL

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Positive
cover-imageThe Currency Analytics
January 29, 2025

Ethereum Faces $4K Resistance – Bulls Eye $6K Next

Ethereum (ETH) has encountered significant resistance at the $4,000 level, a key price point that mirrors the struggles it faced in late 2020. Despite this, recent market dynamics, including growing institutional interest and rising open interest, suggest that Ethereum could be primed for another rally.

Positive
cover-imageThe Currency Analytics
January 29, 2025

Ethereum Eyes $4,000 Surge Amid Wedge Breakout

Ethereum (ETH) has been navigating through a period of increased volatility, with its price recently dipping below the $3,200 threshold and retesting the critical $3,000 support level. Despite this, signs of a potential reversal are emerging, leading to growing optimism in the market.

Positive
cover-imageBenzinga
January 29, 2025

Bitcoin, Ethereum, XRP, Dogecoin Grind Up After As-Expected Fed Rate Cut Decision

Cryptocurrency markets are trading slightly up as the Federal Reserve continue to hold interest rates steady. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $103,822 +2.6% Ethereum (CRYPTO: ETH) $3,119 +0.6% Solana (CRYPTO: SOL) $233.27 +2.1% XRP (CRYPTO: XRP) $3.00 +0.2% Dogecoin (CRYPTO: DOGE) $0.3288 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001853 +1.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 21.4% and daily active addresses falling by 7.8%.

Positive
cover-imageThe Currency Analytics
January 29, 2025

Ethereum Supply Hits Historic Lows and its Market Impact

Ethereum (ETH) has recently seen a significant shift in its market dynamics, with the supply of the cryptocurrency on exchanges reaching historic lows. This change has fueled discussions about what it could mean for Ethereum's price trajectory in the coming months.

Neutral
cover-imageFinbold
January 29, 2025

ChatGPT says Solana price will hit this target by Q1 2025

Solana (SOL) is navigating significant volatility, reflecting broader corrections across the cryptocurrency market. The recent decline comes as investors await the Federal Open Market Committee's (FOMC) decision on interest rate cuts, heightening caution across the board.

Positive
cover-imageCrypto Economy
January 29, 2025

Solana ETF Approval Imminent? Cboe Refiles SOL ETF Applications

TL;DR The Cboe BZX Exchange refiled Solana ETF applications for Bitwise, VanEck, 21Shares, and Canary Capital, reflecting a more crypto-friendly regulatory environment. The SEC's new acting chair, Mark Uyeda, has introduced changes boosting confidence in crypto-based ETF approvals, including revoking restrictive measures and establishing a crypto task force.

Positive
cover-imageCointribune
January 29, 2025

After the 2024 Setback, Cboe BZX Renews Its Solana ETF Applications

On January 28, 2025, the Cboe BZX exchange filed new ETF applications focused on Solana for Bitwise, VanEck, 21Shares, and Canary Capital. Following a disappointing outcome in 2024, these initiatives aim to revive the SEC's review, marking a significant milestone for crypto adoption in traditional financial markets.

Negative
cover-imageCointribune
January 29, 2025

Is Solana's Future at Risk? Three Key Factors to Watch

The crypto market alternates between spectacular surges and abrupt corrections, and Solana is no exception. After a tumultuous start to the year marked by heightened volatility, the SOL token has lost 17.2% in just three days, bringing its price down to $235.

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