Meanwhile, the Firedancer validator client has now moved to Solana testnet.

whale movements are closely watched by traders and investors alike. Recently, an Ethereum whale made headlines by offloading a staggering $24.7 million worth of ETH over a short span of three days.

If the current market recovery evolves into a sustained bull market, analysts predict a significant increase in Ethereum's on-chain activity.

Sky Ecosystem aimed for expanding to Solana through the Wormhole protocol, using its newly active USDS token. SkyLink will be the final version of the lending protocol, possibly running as a L2 on Solana.

Charles Hoskinson, co-founder of Ethereum (CRYPTO: ETH) and Cardano (CRYPTO: ADA), has voiced concerns over the new digital assets platform backed by former President Donald Trump and his sons. What Happened: In an interview with the Financial Times on Friday, Hoskinson expressed reservations about the Trump-supported venture, World Liberty Financial.

After printing huge bullish candles for the second consecutive day, the Solana price has managed to breach above $150. With this move, the token has entered a crucial resistance zone, which is required to be held tight for a continued upswing towards higher targets.

On-chain data shows that Toncoin (TON) has recently become the number one cryptocurrency in this network activity-related indicator. Toncoin Has Seen A Sharp Surge In Active Addresses Recently According to data from the market intelligence platform IntoTheBlock, Toncoin has recently increased active addresses.

Recently, there has been a significant influx of Ethereum deposits on centralized crypto exchanges, which has caught the attention of analysts and investors. On September 19, according to data from IntoTheBlock, over 150,000 ETH were transferred to exchanges, marking a new record since January 2024.

PayPal deployed PYUSD on Solana earlier in the year, and the executive just revealed why.

According to IntoTheBlock, over 150,000 ETH were deposited to exchanges in the past day, marking the highest single-day inflow since January, raising concerns about a potential Ethereum sell-off.

Solana Mobile has announced the launch of its Seeker web3 smartphone, slated for release in 2025, along with the Play Solana Gen1 gaming console, advancing its efforts to integrate blockchain technology into mobile and gaming platforms.

Solana has unveiled its latest smartphone, the "Seeker," which comes at half the price of its predecessor and aims to offer more than just memecoin rewards.

According to the analytics account on the X social media platform @spotonchain, the Ethereum Foundation continues to sell substantial lumps of Ethereum.

A widely followed crypto analyst is updating his outlook on Ethereum (ETH) and other digital assets after the Fed cut rates this week. Crypto trader Michaël van de Poppe tells his 725,400 followers on the social media platform X that the Fed's 50 basis point cut on Wednesday may be a bullish catalyst for crypto.

The major developers of the Ethereum blockchain have chosen to split the next Pectra update into two phases.

With the crypto market surpassing the $2.20 Trillion market cap, the Solana token has experienced a bullish reversal. Further, with its latest announcement of launching the second crypto phone the “Seeker” in 2025, its native token “SOL” has picked up momentum.

A bullish price prediction for Solana was recently shared by renowned trader Peter Brandt, who is well known for his accurate technical forecasts. Brandt stated that SOL was in close proximity to a crucial support area, and a breach of that support could result in a decline toward the $80 mark, but thanks to the strong support level, SOL bounced off.

Trillion-dollar asset manager Franklin Templeton has revealed plans to adopt the Solana network for its on-chain mutual fund. Another Wall Street giant, Citibank, is also exploring using Solana to process transfers and other smart contract services.

As the cryptocurrency landscape continues to evolve with numerous layer-1 and layer-2 blockchains, the decentralized finance (DeFi) platform Drift is making significant advancements on the Solana (SOL) blockchain. Recently, Drift announced a successful $25 million Series B funding round led by crypto venture firm, Multicoin Capital.

Apart from SolanaFm and Coinhall acquisitions, Jupiter is launching new products, including Jupiter Mobile, created with MoonPay, allowing fee-free crypto trading via Apple or Google Pay.

Discover the Solana Play Gen1: the first Web3 gaming console on the Solana blockchain

With Solana Breakpoint Day 1 about to open in Singapore on Friday, the $SOL price has been on a surge over the last four days. Up 16.4% over this period, will $SOL now go from strength to strength and recommence its bull run in earnest?

Societe Generale is expanding its EUR CoinVertible (EURCV) MiCA-compliant stablecoin to the Solana blockchain, according to a Sept. 20 statement.

Even the spot Ethereum ETFs saw some minor net inflows yesterday.

Many crypto experts have predicted that Q4 of the year will be a bullish phase for the entire cryptocurrency market. Renowned cryptocurrency analyst Michael van de Poppe is one of the latest figures to publicly share a bullish outlook.

In a move that blends the world of traditional finance with cutting-edge blockchain technology, Franklin Templeton, a global asset manager with a cool $1.5 trillion in assets under management, has just revealed its plans to launch a mutual fund natively on the Solana (SOL) blockchain during the Solana Breakpoint 2024 event in Singapore on September 20.

The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.

Firedancer, a blockchain validator client for Solana, is expected to enhance the network's efficiency and scalability.

Ethereum price has taken a turn for the better recently, breaking past the $2,500 price level and aiming for $2,700 in the short term. The king of altcoins remains bullish in the long term, aiming to return to its all-time highs and probably beyond.

Solana price has soared following major announcements at Token2049, but can SOL hit $200 by October?

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market has had a great week so far, and Ethereum closed with a 9% price increase.

Solana Mobile unveiled its next Web3 Phone, the successor to the Solana Saga, its first product. The phone, referred to previously as “Chapter 2,” is now called the Seeker, and has been confirmed to feature a 6.36” display, with 128GB of storage and 8GB of RAM, “a longer battery” and two cameras.

At Solana Breakpoint 2024 in Singapore, the atmosphere was electric with excitement as the Solana community gathered to witness groundbreaking updates. SolanaFloor recently shared some exciting news on X: Franklin Templeton, a global asset manager overseeing $1.3 trillion in assets, plans to launch a mutual fund on the Solana blockchain.

A widely followed cryptocurrency analyst and trader is leaning bullish on a Solana (SOL) competitor while offering his forecast on Bitcoin and the layer-1 blockchain Saga (SAGA).

Xandeum, a blockchain storage layer, is set to reveal its cutting-edge solution for scaling Solana's storage capacity at Breakpoint 2024 in Singapore. The highly anticipated announcement, scheduled for September 20, 2024, will also include details of Xandeum's new liquid staking platform and the official launch of the XAND token.

AVAX is the other massive gainer from the larger-cap alts.

PayPal's adoption of Solana for its stablecoin highlights the growing importance of blockchain efficiency and advanced token features in digital payments. The post Token extensions are “a big good” reason why PayPal taps Solana for stablecoin, says PayPal crypto chief appeared first on Crypto Briefing.

Solana's Frankendancer upgrade, which incorporates elements of the Firedancer validator client, has gone live on the network's mainnet. Network validator Jump Crypto gave a live demo of this upgrade at the ongoing 2024 Solana Breakpoint conference.

The recent Federal Reserve interest cut will fuel increased onchain activity, and this will strongly benefit the Ethereum blockchain, the report said.

SOL's bearish price action in August coincides with declining Solana network usage. But will things get better now?

It's powered by Dinero and promises to give users the best rewards in DeFi. If you're wondering what all this means, let's break it down.

Solana based decentralized exchange aggregator, Jupiter, seems to be gone on a buying spree as the crypto bull run took a halt before entering into the next phase.

With Bitcoin touching the $64K today, the altcoins are witnessing a massive demand boost. Amid the bull market, Solana releases major development announcements at Token2049, fueling the SOL price rally.

The ramshackle validator client is a prelude to Jump's highly anticipated Firedancer software.

This new gadget is powered by the Solana blockchain, which means it's more than just another gaming console. Unlike regular gaming consoles, which are powered by companies that control everything, Web3 games give players more power.

As the crypto market bounces back, Bitcoin marks a 24-hour high above the $64,000 mark. The BTC price has increased by 7.90% this week, followed by a 7.7% recovery the previous week. Supporting the bullish trend, the Bitcoin ETF market bounced back yesterday with $158.3 million in total inflows.

Growth of activity on the Solana network and other details.