With Solana's dominance over the decentralized crypto market growing significantly, the top dApps over Solana are gaining momentum. With a strong breakout or reversal rally among its top performers, here are the top Solana-based altcoins for a 2x rally this week.
Several activities are in the lineup for top crypto news this week, positioning concerned tokens for volatility. Among the top stories are the highly anticipated, including Binance Blockchain W eek, the debut of Avalanche ecosystem's ARENA token, and the upcoming Frax announcement.
Despite a notable 6% drop in Sui price, surging daily inflows have caught the attention of the broader market. This paradox raises questions about Sui's current state and whether the correction phase has concluded.
Solana's (SOL) 50-day Simple Moving Average (SMA) has started trending upward, poised to cross above the 200-day SMA in the coming days. This potential crossover is a bullish signal known as a “golden crossover,” and it often hints at significant upward price momentum.
A considerable amount of token unlocks is scheduled between October 28 and November 4, with Celestia (TIA) leading the pack. According to data from Tokenomist, the combined value of scheduled unlocks exceeds $1.543 billion.
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SUI price recently reached a new all-time high (ATH) earlier this month, driven by a wave of optimism among traders. However, the altcoin has since dropped by 21%, breaking through a key support level and triggering concern.
As Bitcoin remains volatile near the $67k level, Solana makes a comeback with its growing influence in the decentralized market. With Solana surpassing Ethereum in daily DEX volumes, the SOL price skyrockets.
While giant cryptos like Solana and Ethereum dominate today, fresh contenders are stepping into the spotlight.
The cryptocurrency market begins to stir with renewed activity, Bitcoin's recent price rebound is capturing attention and surging hope among investors. Currently trading around $67,770, Bitcoin's resurgence has led to a ripple effect, boosting interest in various altcoins, particularly XRP, Solana (SOL), and Avalanche (AVAX).
Arkham Intelligence has broadened its data capabilities by integrating support for Solana on-chain data, now offering users an expanded suite of tools to analyze one of the most dynamic blockchains.
Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range during the week. BTC currently trades around the $67,000 level, and major altcoins, such as Ethereum, Solana, Ripple, Polkadot, and Dogecoins, have experienced volatile trading weeks.
Celestia's $1.06 billion TIA unlock may redefine its price trend, with sentiment indicators split.
Solana's impressive BGSOL staking uptake and robust market metrics point to renewed bullish momentum.
A significant technical event occurred recently for Bitcoin: a crossover between the 50-day and 100-day Exponential Moving Averages (EMAs). Despite not being the well-known golden cross — a 50-day crossing of the 200-day EMA — this crossover is nonetheless significant.
Bitcoin's bounce back to $68,000 raises the chance of a rally in SOL, DOGE, RUNE and BGB.
The market sentiment returned to positive as Bitcoin (BTC) regained momentum, aiming for a breakout above $70,000. Breaching this level will inject a fresh bullish wave into the crypto market, with investors waiting in anticipation. Topping this list of new DeFi projects to watch out for is DTX Exchange (DTX), a novel exchange-based token.
Crypto markets saw a mixed week with altcoins rallying and major tokens facing slight declines. Market volatility highlights investor interest.
The crypto market witnessed a notable downtick at the end of October, likely fueled by pre-election uncertainty. As Bitcoin reverted from $70,000, most major altcoins, including SOL, are experiencing a stalled recovery momentum.
The uptrend that dominated the market in recent weeks hit a roadblock last week, with the global crypto market losing $70 billion in a correction to $2.28 trillion.
In the maturing cryptocurrency market, seasoned investors want to find opportunities that could provide generational wealth. There are good options like Ethereum (ETH) and Solana (SOL) because these altcoins have solid ecosystems and real use cases,
Here's why ongoing AI memecoin craze could benefit SOL's price after US elections
Solana cannot serve as the backbone of the so-called “new” global financial system, according to Ethereum community member Ryan Berckmans. Solana (SOL) shifted from its initial “monolithic” approach to acknowledging the importance of Layer 2 solutions.
The non-fungible token sales volume over the last week has dropped by 7%, and stands at $89.1 million. The crypto market, exhibiting signs of recovery, has taken a U-turn.
Economist Alex Krüger is putting traders on notice in regards to Ethereum, saying that one of ETH‘s biggest rivals has already reached escape velocity and will likely continue to outperform.
Arkham Intelligence now offers comprehensive on-chain data services for Solana (SOL), enhancing capabilities for users to track and analyze blockchain activity.
a16z crypto's Max Resnick discusses Solana's use of stake weighted quality of service to manage network congestion and proposes an auction-based approach to mitigate its downsides.
Solana is showing strength as it pushes above the critical $171 level—a price that previously acted as supply and now serves as a solid demand zone. This level is relevant for bulls, as holding above could pave the way for a rally in the coming weeks.
Solana (SOL) has broken through its short-term resistance levels, leaving many short sellers reeling from significant losses. This recent price action has led to a surge in liquidations, highlighting the strong momentum behind Solana's rally.
Bitcoin remains above a critical price level, currently hovering just above $67,000. This position is important as it shows strength in the short term. Over recent days, Bitcoin has been forming a sideways price range, signaling a period of consolidation. Here's a breakdown of analysis by analyst Josh of Crypto World.
The ever-fluctuating world of cryptocurrencies, recent days have witnessed a surge in price volatility, rekindling interest among investors and traders alike. Notably, two altcoins, Solana (SOL) and Ripple (XRP), have been in the spotlight, drawing significant attention due to their dramatic price movements.
SUI has a track record of drawing capital from high-cap altcoins in bearish markets. Does this ensure a rebound?
Sui Network has announced that the fix for its staking reward distribution issue will go live on October 27, 2024, at 17:30 UTC, coinciding with the start of epoch 564. The problem began on October 24 during the transition to a new epoch, which triggered a bug that prevented the distribution of staking rewards for
Solana has reached new heights, with its real economic value surpassing Ethereum, fueled by a booming memecoin market.
SUI, the native token of the Layer-1 blockchain Sui, recently reached an all-time high of $2.36 on October 12. However, a surge in selling pressure has halted the token's upward trajectory.
On Wednesday, Solana's price went up to a new high in relation to Ethereum (ETH). SOL is regarded as one of Ether's main rivals in the smart contract space. Therefore, the fact that SOL/ETH reached a new all-time high is a significant event for SOL traders.
Despite the Bitcoin network's lackluster speeds and a subsequently sub-optimal user experience, Cardano founder Charles Hoskinson is super optimistic about decentralized finance (DeFi) in the Bitcoin ecosystem.
The cryptocurrency market is known for its rapid evolution, and one of the latest innovations gaining traction is liquid staking. This method enables cryptocurrency holders to earn rewards without the constraints of locking up their assets, providing a unique solution for investors in an often unpredictable market.
Base ups the ante in terms of competitiveness as strong weekly volumes earn it a spot in the top 3 ranking.
Solana's price recently faced challenges in maintaining $175 as a support level, which halted its upward momentum after weeks of gains. This loss in bullish momentum has put SOL under pressure, making it vulnerable to a potential drawdown.
A trading expert and known crypto analyst highlighted the “last SHORT” opportunity he will publish in years. In this recent analysis, Alan Santana shared what he called a Solana (SOL) premium trade, setting bearish price targets.
MetalCore is making a move from the Immutable zkEVM chain to Solana.
As SUI dips further into bearish territory, technical indicators are increasingly signaling a challenging path ahead. A key measure, the Relative Strength Index (RSI), has turned negative, suggesting that selling pressure is mounting and that more downside may be on the horizon.
With the Bitcoin price plunging below the $67,000 level, the crypto market has experienced a significant correction in its valuation over the past few days. Moreover, the altcoin market has recorded a major correction with top tokens breaking down their important support levels.
Can Bitcoin hold its ground against Solana's explosive growth? Find out how these cryptocurrency leaders compare.
The popular tokens SUI & SEI have gained immense attention after they demonstrated monstrous moves in the past few weeks. Besides, they managed to attract huge volumes that kept up the bullish momentum of both tokens.