The Solana (SOL) network has grown to a top-tier layer one (L1) blockchain majorly bolstered by the memecoins launched in the past year. Solana's memecoin market cap has scaled to over $20 billion and a daily average traded volume of over $8 billion, led by dogwifhat (WIF), and Bonk (BONK), among others.

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js.

Grayscale Investments has filed with the SEC to launch a spot Solana ETF, aiming to convert its existing Solana Trust into a publicly traded fund on the NYSE.

Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.

Dogecoin whales acquire 160 million DOGE, sparking speculation about their market strategy and price impact.

Crypto trades surged to $18 billion in 24 hours, driven by altcoins like XRP and DOGE, surpassing the stock market's $14 billion performance.

A prominent cryptocurrency analyst who has gained a large following on social media after accurately calling Bitcoin's 2018 bear market bottom above $3.000 has recently revealed he believes the price of the meme-inspired Dogecoin ($DOGE) could soon see a significant breakout.

As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Solana ETF is gaining more support to be released in the United States after Grayscale, following others' moves to be proposed to the commission.

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).

A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November.

Investments and innovation: Grayscale's strategy in the crypto market.

Dogecoin is believed to surge significantly in the ongoing market cycle to new levels due to past trends, with each cycle's performance bigger than the previous one. As the community awaits the rally, a crypto analyst has highlighted several exit points for investors in order to prevent substantial losses.

The New York Stock Exchange filed an application with the SEC to create an ETF based on Grayscale's Solana Trust. This filing joins several other Solana and XRP ETF applications in recent days.

Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF).

Crypto-based spot ETFs have gained traction in recent months amid a shift in regulators' attitudes toward digital assets in the U.S.

Grayscale Investments has filed a 19b-4 with the SEC to convert its Solana Trust into a spot ETF. With $134M under management, GSOL could lead the way in a fiercely competitive crypto ETF market.

Grayscale Investments has filed to list a spot Solana (SOL) ETF on the New York Stock Exchange, joining a major growing firm that is seeking to launch Solana ETFs in the U.S. This filing sent Solana's price surging by $10 immediately.

Altcoin season index hit 82, indicating a strong alt season last seen in Q4 2023.

After the XRP rally above $2.60, the primary token was not enough. The Ripple army is now trying to build a native meme token ecosystem.

Cryptocurrency markets are trading lower on Tuesday, with altcoins continuing their strong performance. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,114.25 +0.8% Ethereum (CRYPTO: ETH) $3,616 +0.2% Solana (CRYPTO: SOL) $236.50 +3.2% Dogecoin (CRYPTO: DOGE) $0.4116 -2% Shiba Inu (CRYPTO: SHIB) $0.00002826 -2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 125.5% and daily active addresses growing by 28%.

The New York Stock Exchange's exchange-traded product platform filed a form on behalf of Grayscale Investments, LLC for a spot Solana ETF.

Grayscale's Solana ETF filing on NYSE Arca coincides with a 6% surge in Sol's price, amidst growing institutional adoption and regulatory talks. The post Grayscale files for Solana ETF as SOL token surges 6% appeared first on Crypto Briefing.

Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC's approval.

Grayscale joins rivals 21Shares, Canary Capital, VanEck and Bitwise in filing for a Solana ETF in the US.

Asset Management firm Grayscale Investments has applied to list a spot Solana ETF product with the New York Stock Exchange (NYSE). This filing places Grayscale among the growing list of firms now pressing to list the product in the United States.

Dogecoin has been navigating a period of choppy price action, with little opportunity for strategic buys and no decisive breakouts to guide traders. Despite this uncertainty, key data from Santiment provides a glimmer of hope for Dogecoin enthusiasts.

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Cboe and four issuers are pushing the SEC's boundaries on crypto assets allowed in an ETF wrapper with recent Solana ETF filings. The SEC may refuse to acknowledge the applications in the near term, but new leadership at the agency in 2025 will be more friendly to crypto, making Solana ETF approvals likely in the next few years.

The Dogecoin price has continued its consolidation just below the $0.44 level, but positive sentiment remains at a multi-year high. Crypto analyst Kevin, known on the social media platform X as @Kev_Capital_TA, has shared an updated perspective on a positive trajectory for the Dogecoin price, maintaining that the range of $1.30 to $1.50 is still a viable target.

Elon Musk and Vivek Ramaswamy are to address the members of U.S. Congress on Thursday with regards to their plans for the Department of Government Efficiency (D.O.G.E), drawing the attention of the crypto community to Dogecoin (CRYPTO: DOGE). What Happened: Crypto trader Bluntz encouraged his followers to get positioned in "either DOGE", referring to Dogecoin and the D.O.G.E.

Solana (SOL), one of the leading cryptocurrencies by market capitalization, is currently showing signs of bearish pressure, with its price struggling to maintain key support levels. On December 3, 2024, the sentiment across the cryptocurrency market appeared mostly negative, as several major assets faced difficulties in gaining upward momentum.

Long and short position traders alike are in the red Tuesday amid XRP's rise and dip, plus impact from South Korea's political upheaval.

The cryptocurrency market is buzzing with activity as Bitcoin (BTC) holds steady at around $95,900 after a mild correction. Market sentiment remains cautious following the U.S. government's transfer of 10,000 BTC worth approximately $962.88 million from a Silk Road-seized wallet.

Dogecoin Price, a popular meme-inspired cryptocurrency, has seen significant growth this November, making it one of the top performers in the market. Despite market fluctuations, DOGE continues to show resilience.

Dogecoin is already making a lot of ripples in the cryptocurrency arena, as experts are pointing to its likely spike that would transform the situation of this meme coin in the market. The currency gained over 160% in November after an outstanding month, with its pattern looking bullish nowadays, hence setting the stage for some profits.

The crypto markets are gearing up with popular altcoins printing massive gains in the past few days. With XRP & ADA prices rising above $1 after a long time frame, the momentum appears to have shifted in favour of bulls.

As the crypto market gains momentum, the Solana price has grown notably, reaching impressive highs over the past week. This surge suggests a potential breakout, with bullish sentiment building around the coin.

DOGE is currently the seventh-largest cryptocurrency.

The price of Moo Deng (MOODENG), the popular Solana-based memecoin, has skyrocketed over 120% after Coinbase backed it.

Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.

With the ever-changing landscape of cryptocurrency, investors are all on a hunt for the next billion-dollar opportunity. With numerous altcoins vying for attention, three contenders stand out as potential candidates to reach the coveted $1 mark: The altcoins of Rexas Finance (RXS), Dogecoin (DOGE), and Tron (TRX).

Solana (SOL) has experienced a steady upward trend in its price. However, new developments suggest that a significant correction may be on the horizon.

Hailey Welch, the girl protagonist of the viral TikTok meme “Hawk Tuah”, is launching her own memecoin on the Solana blockchain.

Crypto analyst Trader Tardigrade has suggested it is too early to sell Dogecoin at its current price level. This came as he provided a profit-taking zone for the foremost meme coin in this market cycle.

A widely followed crypto strategist believes it's only a matter of time before top memecoin Dogecoin (DOGE) erupts. Pseudonymous analyst Bluntz tells his 301,200 followers on the social media platform X that DOGE only needs to take out its diagonal resistance at around $0.50 to ignite rallies to a fresh all-time high.

Dogecoin surpassed $62 billion in market capitalization while experiencing major whale movements of $102 million and record network activity with 9.23 million active addresses.