The cryptocurrency space has witnessed significant growth in developer activity in 2024, with Solana emerging as a surprising leader in attracting new developers, surpassing Ethereum for the first time. According to Electric Capital's 2024 Developer Report, Solana has attracted 7,625 new developers, surpassing Ethereum's 6,820 new developers.
The makers of Pudgy Penguins are launching a Solana token. Here's what you need to know about the airdrop, launch plans, and tokenomics.
U.S. asset manager VanEck has published its predictions for cryptocurrency prices in 2025, anticipating further bullish price action next year. Prediction #1: New Highs For The Crypto Bull Market VanEck expects the crypto market to reach a medium-term peak in the first quarter of 2025, with Bitcoin (CRYPTO: BTC) potentially hitting $180,000 and Ethereum (CRYPTO: ETH) exceeding $6,000.
The cryptocurrency market in 2024 has been a year of contrasts, marked by significant milestones and lingering economic uncertainty.
Solana (SOL) price, a layer 1 blockchain, has shown a strong upward trend in the crypto market. Starting from early November, the price of SOL has soared, overcoming multiple resistance levels as bullish sentiment grows.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Solana meme tokens are still highly active, with five assets breaking the $1B market cap barrier. AI agents are also boosting Solana meme activity.
While Solana has pared gains since hitting an all-time high above $263 in November, long-term holders are increasingly bullish.
Sui is looking to bolster its traction in real-world assets tokenization, with a new partnership with Ant Digital Technologies and web3 plug-and-play tools provider ZAN.
A cryptocurrency trader has lost nearly $74,000 in just three minutes with a common trading mistake. The trader was speculating with the $RICH memecoin on Solana (SOL), losing 325.8 SOL in two poorly executed trades.
A recent report highlights that Solana (SOL) emerged as the most popular ecosystem for new developers this year, marking a significant shift in the blockchain space.
Sol Strategies has announced plans to list on Nasdaq following a remarkable 2,336% increase in its stock since July.
Solana (SOL), the fifth-largest cryptocurrency by market capitalization, could be on the verge of a significant breakout, according to the co-founders of Glassnode, known as “Negentropic” on X (formerly Twitter).
Sui partners with Ant Digital for real world asset tokenization, integrating ESG assets into Web3 and expanding investor access globally. The post Sui expands its blockchain ecosystem with ESG backed RWA tokenization appeared first on Crypto Briefing.
Solana appears to be vying to retake the podium with its latest victory, becoming this year's leading ecosystem for new developers, ending Ethereum's 8-year dominance. The post Solana Beats Ethereum – Is a $500 SOL Price Now Within Reach? appeared first on Cryptonews.
Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum's dominance for the first time in nearly a decade.
TL;DR Travala's AVA token surged 300% after Binance's former CEO Changpeng Zhao (CZ) endorsed the platform, highlighting the impact of high-profile endorsements. The surge coincides with Travala's significant revenue growth, reporting over $100 million in 2024, up from $59.6 million in 2023.
The recently published 2024 Crypto Developer Report by Electric Capital draws insights from 902 million code commits across 1.7 million repositories, showcasing trends that illuminate the industry's trajectory. According to Electric Capital, developers are the foundation of value creation in crypto.
A recent report by Electric Capital found that Solana became the ecosystem that attracted the most new developers in 2024, overtaking Ethereum. The report calculated that 7,525 developers joined the Solana ecosystem this year, while Ethereum registered 6,456 during the same period. Solana grew its developer base by 83% year-over-year, while Ethereum lost 22%.
Sui (SUI) is on a remarkable upward trajectory, exhibiting strong bullish momentum. On December 12, it surged to a new all-time high of $4.91, fueled by a 30% gain over 24 hours, making it one of the top-performing digital assets in the market.
Since coming onto the scene in mid-2023, Sui ($SUI) has wowed the crypto space as a technologically advanced layer 1 that can compete with all others. How high can $SUI go?
The cryptocurrency market depends on opportunities to find initiatives with great growth capacity. Rexas Finance (RXS), an alternative to Solana (SOL), is creating a buzz in the market.
Over the past few days, SUI has been on an upward trajectory, fueled by increasing demand and a strong bullish sentiment among investors. During Thursday's early Asian session, the Layer-1 coin clinched an all-time high of $4.87.
Solana has been named the fastest-growing blockchain for new crypto developers. The report highlights Solana's 83% annual growth in developer adoption, a figure that surpasses even Ethereum, the world's largest blockchain ecosystem.
Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.
Solana maintains $226 price level while achieving industry leadership in developer growth, surpassing Ethereum for the first time since 2016 with 7,625 new developers in 2024.
SUI rallied to new ATH, but can it sustain this momentum and aggressive volumes amid volatile sentiments?
The Sui token has gained significant attention in the crypto market with its impressive price rally of over 800% in about 100 days. Notably, this altcoin has surged ~120% since 01st November, highlighting increased adoption. However, investors are curious to understand what's fueling the Sui price rally this month.
Over the past week, the Solana price has reflected broader market trends, experiencing a slight decline of 1.3% in the last 24 hours. This decrease has led SOL to retest a crucial support level at $226.
Despite showing a glimpse of moving higher, Solana (SOL) has once again failed to climb to the $300 mark. The inability to rise to this milestone could be linked to the dominance of Solana sellers, who have outpaced the buyers.
Exchange pool, yield, and innovations for the on-chain economy.
In 2024, 7,625 new developers used Solana ecosystem, while 6,456 developers have explored Ethereum. The post Solana Ecosystem Outpaces Ethereum in Terms of New Crypto Developers: Report appeared first on Cryptonews.
Chainalysis has expanded its coverage to include meme coins launched on the Solana-based platform Pump.fun.
Ethereum still has the crown for total developer activity, topping the charts across every continent around the world.
Solana is reported as the fastest-growing blockchain in terms of new crypto developers, with growth that is up to double-digit in a single year. According to the Electric Capital report on Dec.
Blockchain data platform Chainalysis has broadened its scope to cover Solana's Pump.fun memecoins.
Travala has made big strides in consolidating its position within the crypto-travelling/hospitality niche.
In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.
SUI's price has been making headlines recently, as it surged dramatically to a new all-time high (ATH) of $4.86, signaling massive investor confidence. Over the past few days, the price has risen by 35%, driven by an impressive spike in trading volume.
The publicly-traded crypto holding company has continued to shed previous investments as it double-downs on the Solana ecosystem.
Ethereum remained the blockchain with the most devs, and the overall population of software builders in crypto was flat, the VC firm said in its annual survey.
Solana (SOL) has faced a 23% retrace after hitting new all-time highs at $264, testing the resilience of bullish momentum. Despite this pullback, SOL's price structure remains strong, with the token holding firmly above a critical demand zone.
Solana has recorded another impressive milestone, overtaking Ethereum to become the leading ecosystem for new developers this year. This ends Ethereum's eight-year streak, having led in this particular metric since 2016.
Zeus Network has validated the first Bitcoin transaction on the Solana blockchain. On Dec. 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure.
The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin's (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week's BTC rally to over $100,000.
Over 4 million Solana-based memecoins have been deployed via Pump.fun, according to data from Dune Analytics.
If developer mindshare is any indication of innovation, then knowing something about developer activity matters.