The development team behind Cardano (ADA) recently performed major upgrades to the protocol. The upgrades made this week are aimed at enhancing the platform, ensuring smooth operations for users.
The trading volume of derivatives linked to the popular cryptocurrency Cardano (ADA) saw an abnormal spike of 251% today, according to data from CoinGlass. In the last 24 hours, the total turnover of perpetual futures on the ADA token reached a high of $1.45 billion.
cbBTC is the first token Coinbase has issued on Solana.
Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.
Cardano (ADA) is once again capturing the crypto market's attention, trading at $0.44 after an impressive 18% surge in the last 24 hours and a 23.29% gain over the past week.
Polygon joined Cardano as a top performer, gaining 7.9%.
Cobie, who previously hosted a podcast of the same name, said the UPONLY tokens were theoretically worth $17 million when he burned them.
The Solana price hits $200 as Sol Strategies seeks to accelerate SOL adoption. We speak exclusively to CEO Leah Wald about the altcoin's winning ways The post Why Solana Will be Altcoin Season's Big Winner as Sol Strategies Seeks to Accelerate SOL Adoption appeared first on Cryptonews.
Cardano's large transactions have surged by 32% in 24 hours and 138.11% over the past week. What does this mean for the altcoin?
The Cardano network has grown to a highly decentralized web3 ecosystem backed by a vibrant community of investors and DeFi developers.
Solana has jumped by 9% in the past 24 hours, rallying to $204.27 as the cryptocurrency market continues its bullish response to Donald Trump's election victory. The post Solana Open Interest at Record High – Is a $250 Breakout Imminent? appeared first on Cryptonews.
The crypto markets have risen above a minor consolidation as the Bitcoin price is heading back towards the ATH at $76,400. The traders have become more optimistic over the SOL price rally as the token remains within the top 5 dominant tokens in the market.
Yields on U.S. sovereign debt declined Thursday after the Federal Reserve eased monetary policy by slashing interest rates by 0.25 percentage points. What happened: The benchmark 10-year Treasury yield dropped by 0.8 basis points to 4.335%, while the yield on 2-year government bonds slid 2 basis points to 4.197%.
Cardano (ADA) has officially bounced back into the top 10 cryptocurrencies by market capitalization, according to CoinMarketCap data. Cardano has been a mainstay in the top 10 rankings for a while, but it slipped earlier this year, giving way to Toncoin (TON) and then TRON (TRX).
The ongoing rally of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) should not lead investors to believe that all cryptocurrencies will do equally well in a bull run, a new report found. What Happened: “Any coin or token that failed to rally at least 10% over the last week should likely be avoided,” the 10x Research analysts write in their latest report, urging investors to stay focused on selective assets that demonstrate resilience and growth potential.
Solana has broken through the $200 threshold for the first time in seven months of trading. The token's price saw a 8.69% rise as the crypto market rallies after the US election.
Cardano (ADA) has experienced a significant surge over the past four days, with its price increasing by an impressive 32%. In the last 24 hours alone, ADA has climbed 16%, boosting its market capitalization to $14.932 billion.
This is a major step in making Bitcoin (BTC) more accessible to people who use the Solana blockchain. For the first time, Coinbase has issued a token on Solana, and it's called cbBTC.
TL;DR Eclipse, the first hybrid Ethereum-Solana layer-2 network, has launched its mainnet, combining the speed and low transaction costs of Solana with the decentralization and liquidity of Ethereum. The network offers 60 decentralized applications (DApps) across various sectors, including DeFi, consumer apps, and gaming, attracting users and developers from both ecosystems.
Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.
Solana breaks $200 for the first time since April 1, thanks to Donald Trump securing U.S. Presidential election.
Solana (SOL) price, a Layer 1 blockchain, has recently demonstrated significant upward momentum in the cryptocurrency market. Since the beginning of November, SOL's price has surged by 21%, breaking a five-month high amid strengthening bullish sentiment.
Coinbase, the largest U.S.-based cryptocurrency exchange, announced the launch of cbbtc, its in-house developed wrapped bitcoin token, on top of the Solana network. Highlighting the significance of this move, Coinbase stated: “This is the first token Coinbase has issued on Solana, and with it, we're excited to bring easy access to BTC.
The successful breach of the crucial $200 mark by Solana represents a significant turning point in its recent upward trajectory. Strong momentum is indicated by this breakout, which has created the possibility of a push toward the market's all-time high (ATH), as sentiment on the market favors the upward trend continuing.
A retest of the $180-$190 area should be regarded as a buying opportunity.
Bitcoin (BTC) surged to a new all-time high, reaching $76,943, only a couple of days after it smashed its previous all-time high of $76,191, as markets continued their upward trajectory following Donald Trump's victory.
Coinbase said that cbBTC is the first token issued on Solana.
The US election result, it seems, has influenced the crypto market positively. Almost all the top cryptocurrencies have witnessed growth in the last 24 hours. Among the top ten cryptos, Cardano is the cryptocurrency that has experienced the largest growth in the said period. The ADA price has seen an enviable surge of 16.7%.
Solana network shows growth potential to surpass the Ethereum blockchain next year as the crypto bull run gains momentum. As it overtakes Ethereum in DEX trading volumes and other DeFi metrics, the Solana-based meme coins are ready to explode.
Coinbase launches its bitcoin-backed token cbBTC on Solana with $10 million initial deployment, marking its first native token on the blockchain and filling a two-year void in Solana's DeFi ecosystem left by FTX's collapse.
Solana has reached $200 per coin amid market optimism following Trump's election victory, Republican promises to protect crypto assets, and speculation about potential ETF approvals under the new administration.
Solana Optimistic Network (SOON) testnet now live with 30,000 TPS and 50ms block time.
Cardano (ADA) has surged by 25% in just three days, breaking the $0.43 barrier for the first time since July.
Cardano's recent performance following the conclusion of the U.S. elections has been outstanding. ADA token has soared by more than 25% in the last three days.
In September, Coinbase unveiled cbBTC, a wrapped version of Bitcoin that enabled users to utilize their Bitcoin holdings in decentralized finance (DeFi) applications on Ethereum and Base without selling or converting to other cryptocurrencies.
These whales, or investors who hold large amounts of ADA, have started ramping up their activity, sparking excitement among other investors. With ADA's recent price boost, the token has moved back into the top 10 cryptocurrencies by market value, knocking out Toncoin (TON) from that spot.
Cardano (ADA) is on the rise, hitting its highest level in 14 weeks with a big daily jump in price.
Cardano (ADA) price has emerged as a top performer in the latest crypto market surge, recording over 17% growth within 24 hours. This significant price increase aligns with gains seen across various cryptocurrencies, reflecting renewed interest and positive momentum in the crypto space.
Solana (SOL) price has surged past the $200 mark benefiting from recent Federal Reserve rate cuts and broader market optimism after Trump's election win.
Coinbase, the largest cryptocurrency exchange in the U.S., has announced the release of its wrapped Bitcoin token, cbBTC, on the Solana blockchain.
ADA is the best-performing top 20 cryptocurrency today (November 8).
Reclaiming the spot of 10th biggest cryptocurrency in the world, Cardano hits a market cap of $12.56 billion. The achievement comes with a 5.24% jump in the past 24 hours, as Cardano's (ADA) price currently trades at $0.3591. Despite a slowdown in the top cryptocurrencies, as Bitcoin drops 0.12% and Ethereum by 0.
Joe McCann is the outspoken founder of Asymmetric, a top-performing crypto venture capital fund backed by investors including Marc Andreessen, Chris Dixon, and Circle.
South Korea's largest crypto exchange now supports DRIFT trading in KRW, BTC, and USDT, boosting access to Solana's DeFi ecosystem.
The cryptocurrency market cap has declined by 0.82% over the last 24 hours, settling at $2.5 trillion. In parallel, trading volumes have also contracted sharply, down by 32.45% to $129.71 billion. The Fear & Greed Index, at 72, signals “Greed,” maintaining a bullish sentiment despite the recent market cooling.
The sleeping giant seems to have woken up! The third-generation token, Cardano, believed to be dead due to a massive drop in volatility, has begun to attract decent buying volume onto the platform. With the fundamentals strengthened, the bullish momentum is expected to rise, which may positively impact the ADA price in the long run.