Solana recently broke its yearly high at $210, sparking a surge in trading activity as the altcoin now attempts to consolidate above this key level. This period of volatile price action highlights Solana's strong position within the market, as investors watch for signs of a further breakout.
Taiko Labs co-founder Daniel Wang first wanted to make an “unstoppable” social network and found his way to an Ethereum “based rollup” in the process.
Ethereum circles are endlessly debating whether ETH should be seen as “money” in the same way bitcoin is embraced as a commodity currency.
The cryptocurrency market is heating this November, spotlighting promising Ethereum tokens to buy for potentially monumental returns. Several tokens are drawing significant interest due to recent price surges, with investors eager to turn a modest $1k to $1M investment into substantial gains amid a strong market upswing.
Solana (SOL) is gaining momentum once more, with bullish energy pushing it higher as it aims for the next major resistance at $240. Following recent consolidations, SOL has surged onto traders' radars with renewed buying interest, sparking optimism that the climb will continue.
Solana-focused publicly traded holding company and venture vehicle Sol Strategies (CSE: HODL) (OTC Pink: CYFRF), today announced it has acquired four validators from Cogent Crypto. The post Sol Strategies Acquires Cogent Crypto's Solana Validator Assets Valued at $203.6 million in Stock and Cash Deal appeared first on Cryptonews.
The firm will buy validators for SOL, SUI, MONAD and ARCH networks.
Solana also appears to be closing in on Ethereum as real economic value, and application revenue metrics reached record highs.
Ethereum (ETH) has recently surged by 22.5%, reaching $3,444.25, its highest level since July 2024. However, the cryptocurrency experienced a brief 6.37% decline after reaching this peak.
A new Ethereum whale recently bought 18,000 ETH. Is it a sign that ETH's rally will continue?
Ethereum recently experienced a strong rally following the U.S. election, with prices rising to $3,446 before hitting resistance. This 20% gain in Ethereum price, fueled by favorable market sentiment, has since leveled off due to profit-taking activities.
Check out what needs to happen so ETH can mimic its rivals' gains (according to some popular analysts).
Solana continues to dominate new token activity, with 89% of new tokens choosing to launch on the network.
Solana (SOL), the fourth-largest cryptocurrency by market capitalization, is showing strong signs of bullish momentum, following a retest of a crucial breakout level. After a recent price dip, SOL appears to be gearing up for a potential 25% rally, with traders eyeing the $260 level in the coming days.
Solana price has seen a significant boost since Donald Trump's recent victory in the U.S. presidential election. Over the past month, the price of SOL has soared by more than 40%, reflecting a broader bullish trend in the cryptocurrency market.
Ethereum's recent price movement has shown a decline following a rally, even after ETH Whales made a comeback and Bitcoin reached a new all-time high.
The bullish outlook of the crypto market along with recent meme coin listings has seen the Solana ecosystem register staggering trading volumes. Meme Coins Fuelling Solana's Growth Solana (SOL) recently flipped BNB to become the fourth-largest cryptocurrency by market cap.
Solana has risen by 1% today, yet its recent explosion in trading volume suggests that it has decisively entered a new bullish phase. The post SOL Price Set for Parabolic Rise as Daily Volume Surpasses $13 Billion – Can Solana Overtake Ethereum? appeared first on Cryptonews.
Wall Street titan Franklin Templeton has launched its tokenized money market product FOBXX on Ethereum, following several other chains.
Missed the opportunity when Solana (SOL) was just $0.50? Don't worry—there's a new altcoin rising with the potential to outshine even SOL.
While major assets are still way up since Trump's election win, the hot streak is showing signs of cooling for Bitcoin and more.
Franklin Templetons $410M money market fund is now available on Ethereum, with Ethereum capturing 71% of tokenized treasury AUM. The post Franklin Templeton's money market fund can now be traded on Ethereum appeared first on Crypto Briefing.
Surging activity in onchain and derivatives metrics suggests that Solana's bullish momentum is set to continue.
Franklin Templeton has expanded its FOBXX tokenized government money market fund, the first to use a public blockchain, to the Ethereum network.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has seen a significant surge in whale activity. Whales, or large holders, have been making notable moves on the market, raising questions on what this implies for price.
Franklin Templeton is launching its Benji tokenization platform on the Ethereum network, marking the fifth launch this year after Aptos, Avalanche, Arbitrum, and Base. It was hitherto launched only on Stellar and Polygon.
DecideAI has announced the integration of its biometric identity verification solution, DecideID, into the Solana blockchain, aiming to enhance security and trust within the ecosystem. This move introduces Proof-of-Personhood (PoP) capabilities to Solana, ensuring that users are verified as unique individuals without the need for traditional Know-Your-Customer procedures.
Solana (SOL) experienced a remarkable surge, surpassing the $200 mark for the first time in years and peaking at an impressive $225.21. This sharp rise in price was propelled by a broader bullish trend across the cryptocurrency market, along with increasing demand for Solana's Layer 1 (L1) blockchain network.
Franklin Templeton FOBXX is now available on Ethereum, extending its presence to seven blockchain networks, including Avalanche, Arbitrum, and Stellar.
Ethereum staking ETFs may be the next prize for issuers following the election of Donald Trump and Republican control in both the House and the Senate.
TL;DR World Liberty Financial (WLFI) integrates the Chainlink standard to ensure security and connectivity in the DeFi network. The integration will support the launch of WLFI's Aave v3 instance on the Ethereum mainnet. WLFI seeks to democratize access to decentralized finance by promoting the use of dollar-backed stablecoins.
Top–performing layer 1 crypto networks Solana ($SOL) and Sui ($SUI) are potentially ready to move higher, despite a period of increased volatility.
Franklin Templeton is launching its Benji tokenization platform on the Ethereum network, marking its fifth launch this year after Aptos, Avalanche, Arbitrum and Base. It was previously only available on Stellar and Polygon.
Ethereum whale activity is driving the recent price surge, with key technical indicators suggesting ETH may be poised to reach new all-time highs.
Caldera and Hook will collaborate to build Metalayer, an Ethereum rollup infrastructure platform.
Franklin Templeton has expanded the trading of its OnChain U.S. Government Money Market Fund to the largest blockchain, Ethereum.
BlackRock has expanded its $522 million tokenized fund, BUIDL, across multiple blockchain networks beyond Ethereum, offering institutional investors greater access and flexibility in digital U.S. Treasury yields.
Ethereum (ETH) has seen a massive surge in whale activities, with the daily count reaching a historic high. This surge comes amid bullish momentum in Ethereum on the daily and weekly price chart.
TL;DR Solana's DEX ecosystem achieved over $5 billion in daily trading volume for three consecutive days, highlighting its growing prominence in the DeFi space. Raydium and Orca were significant drivers, with Raydium accounting for 62% and Orca 22% of the total trading volume.
Former Goldman Sachs executive Raoul Pal thinks Ethereum (ETH) is primed for big gains. In a new YouTube video, Pal tells his 143,000 subscribers that ETH's current chart is playing out similarly to Bitcoin's between 2011 and 2019. “Ethereum now versus the previous periods is following the last in Bitcoin.
The US ETFs have bought $510 million worth of bitcoin on Wednesday with Fidelity buying $186 million, their highest figure for the week.
Story Highlights Popcat (SOL) price achieves a new ATH today! Floki memecoin is less than 30% away from achieving a new all-time high. Technical sentiments record extreme greed. With a surge of 31.07% in its 24-hour trading volume to $75.3 billion, the memecoin category has added 16.47% to its valuation during this period.
The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital's recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth of Ethereum.
Robinhood lists XRP, SOL, ADA, and PEPE, expanding crypto offerings to U.S. customers amid a shifting regulatory landscape.
Solana eyes a new record high by November's end, driven by a descending triangle breakout, pro-crypto policies, and a bullish setup against Bitcoin.
Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.
With 2024 coming to a close, CoinGecko has released its roundup of the most popular blockchain ecosystems of 2024.