The recent XRP price action has been highlighted by another notable surge that saw it reaching just above $2.7 briefly again after a 9% surge on December 17. Although the XRP price was rejected immediately after reaching this level, it continues to exhibit bullish momentum on the daily timeframe chart.
Binance's BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token.
Bitwise CIO Matt Hougan has commented on Ethereum's evolving position in the blockchain ecosystem, predicting that the platform could outperform Solana in 2025. According to Hougan, Ethereum's reputation as slow and expensive is becoming outdated as advancements in its ecosystem address these challenges.
Fartcoin hits a $1 billion market cap amid crypto market declines, driven by Truth Terminal's viral meme chatrooms influence. The post Solana meme coin Fartcoin hits $1 billion market cap appeared first on Crypto Briefing.
Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana's (SOL) staking rewards. The new product is designed to deliver superior returns and transparency, strengthening Bitwise's position in Europe's crypto investment market.
Solana-based DEX Jupiter introduces JupiterZ, featuring innovative gasless swaps and zero-slippage trading through an RFQ system, while simultaneously launching a dApp Browser for its mobile Android users.
A crypto analyst has shared an XRP price chart, analyzing its action on the 4-hour timeframe while pinpointing key metrics of strength that suggest a possible rally. The analyst has predicted that XRP is preparing for a significant run to $11, marking a new All-Time High (ATH).
XRP went from over $2.7 yesterday to under $2.25 minutes ago.
Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL's price has been in a retrace, dampening the hype surrounding the cryptocurrency.
Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.
Bitcoin dropped after Federal Reserve Chair Jerome Powell said the central bank would cut interest rates at a slower pace in the new year.
Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools.
As expected, on December 18, 2024, the Federal Reserve lowered the key interest rate by 25 bps, the third consecutive reduction so far in 2024. However, this rate cut announcement cautioned us about additional reductions in the coming years.
XRP's recent whale activity sparks questions: Could it hit $100, $300, or even $500 soon?
Bloomberg analysts outline ETF approval timelines for Solana, Litecoin, and Hedera. Technical analysis highlights correction risks for SOL and HBAR, while LTC eyes a bullish breakout.
The price of XRP has experienced a remarkable surge this year following a positive court decision and the tailwind provided by Donald Trump's victory in the November U.S. presidential election.
Crypto asset manager Bitwise has launched a Solana staking ETP in Germany while American investors await the U.S. equivalent.
In his latest video analysis on YouTube, Adam Cochran, partner at Cinneamhain Ventures (CEHV), an activist venture capital firm, described Ripple's newly launched stablecoin, RLUSD, as a “Trojan Horse” poised to transform both decentralized finance (DeFi) and traditional banking sectors.
Cryptocurrencies pulled back after a big run yesterday and as the Federal Reserve sets to conclude its final meeting of the year, likely with a rate cut of 25 basis points. Bitcoin traded at roughly $104,170, as of 11:53 a.m.
XRP is soaring while Cardano (ADA) struggles to regain momentum, stuck at the $1 mark. Will Cardano ever reclaim its former highs, or is it destined to lag behind?
Solana (SOL) price reached a new all-time high on November 22 and has surged 208% in 2024, showcasing impressive growth throughout the year. However, SOL has struggled recently, declining nearly 10% over the past 30 days as bearish indicators begin to weigh on the market.
Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.
XRP is positioning for a potential rally as Ripples stablecoin fuels market optimism. Trumps pro-crypto vision and heightened whale activity further reinforce predictions of a breakout toward $6 despite recent price fluctuations.
Crypto assets have picked up bullish momentum in the last 48 hours as macro sentiments flip green. Following Bitcoin's surge to a new all-time high, altcoins have traded upwards in the same time frame.
Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).
Will Solana and XRP face further delays despite growing interest in crypto ETFs?
XRP price retreated on Wednesday as a sea of red spread across the cryptocurrency industry ahead of the Federal Reserve's decision. Ripple (XRP) dropped by over 5%, erasing most of the gains made on Tuesday after the RLUSD stablecoin launch.
The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.
BNSOL's success is closely tied to the growth of Solana's ecosystem, which has seen its liquid staking ratio more than double in 2024.
American blockchain payments firm Ripple Labs Inc. triggered bullish market sentiment when it launched RLUSD stablecoin on global exchanges. While the price has seen no intense volatility, as previously hinted, its growth trends in 24 hours have not been particularly smooth.
Solana holds onto crucial levels of support as the crypto market recovers gradually from the sharp correction earlier in the day. It changes hands at $216.53, with Solana declining intraday at 2.33% so far.
In response to a question posed by a user on X, David Schwartz, Ripple's Chief Technology Officer, recently addressed the XRP Ledger's scalability in terms of (TPS) transactions per second. X user Chad Steingraber had asked if it was true that the XRP Ledger "through optimization" could potentially scale up to 50,000 TPS.
PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.
Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.
As XRP consolidates above the $2 support zone, whale transactions could provide the much-needed trigger to breach the $3 psychological resistance.
XRP price has recorded a dip of nearly 6% today amid gloomy trading noted in the broader crypto market. This recent dip has fueled discussions among investors over the potential reason behind the retreat.
The price action of XRP has been at the center of the crypto market discussion for over a month now, but it seems things are far from over for the popular cryptocurrency. For example, since the beginning of November, the price of XRP has gained over 460% in value and is now quoted at around $2.70.
Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.
Amid the altcoin recovery run, Solana witnesses a boost in network and price trends. As bulls prepare for a breakout run to $250, the on-chain growth supports the bullish trend chances.
The cryptocurrency market is preparing for an exciting period, with many anticipating Ripple (XRP) to reach the $10 mark in the near future. Although we are yet to reach milestone XRP, three altcoins are predicted to make good enormity, that potentially can expand 10x.
Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?
Markets are on edge ahead of the Federal Reserve's final meeting of 2024, with investor focus shifting to the central bank's projections for 2025 rate cuts rather than the widely expected 25-basis-point reduction. What Happened: The outcomes of the projections could trigger vastly different market reactions, from relief rallies to sharp declines.
XRP whales have been on a buying spree as blockchain payments company Ripple officially launched its dollar-backed stablecoin, RLUSD, on several global crypto exchanges this Tuesday. The stablecoin is now available for trading on platforms Bitso, Uphold, CoinMENA, MoonPay, and Archax, with additional listings expected soon.
Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL.
XRP's status as a security and its inclusion in several pending lawsuits between the SEC and crypto firms could delay the approval of its ETFs until much later in 2025.
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The crypto universe is an arena where each asset fights for its place at the top. Recently, Solana (SOL), often hailed as a serious contender against Bitcoin (BTC) and Ethereum (ETH), has shown signs of weakness.