Solana, one of the top-performing cryptocurrencies, is on the verge of breaking a significant price barrier. After a 15% surge in recent days, Solana is testing a critical resistance level at $160.

A sharp uptick in Solana network activity and the blockbuster performance from memecoins back SOL's rally toward $180.

The “2024 State of Crypto” report by a16z Crypto, the investment arm of the venture capital firm Andreessen Horowitz, reveals remarkable trends that underline the industry's rapid growth and diversification. The report highlights a significant uptick in crypto activity, with a record 220 million monthly active addresses reported as of September 2024 an impressive threefold increase since the end of 2023.

New developments in the SEC's lawsuit against Binance indicate the regulator is ratcheting up its case against SOL and other crypto tokens—not backing down, as some had hoped.

A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.

The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana's decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which can then be converted into Solvbtc.

Bitcoin, the pioneer cryptocurrency, has been trading sideways for the past seven months, struggling to maintain a directional uptrend. While the ‘Uptober' has boosted the BTC price for the next breakout attempt from $70,000, these three cryptocurrencies are gathering even more momentum with technical breakouts, increasing whale activity.

Anatoly Yakovenko, Solana's co-founder, recently pointed to a deep divergence in how Solana and Ethereum see resource satiation and price discovery. He explained that once a global resource becomes saturated on Solana, the current pricing mechanisms begin to be suboptimal.

Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?

Goatseus Maximus (GOAT), a Solana meme coin, has captured the attention of crypto whales following a 260% price surge over the past 30 days. On October 15, GOAT's price was $0.10.

Orderly Network has introduced its omnichain vault, "Orderly Unity," on Solana, aiming to streamline decentralized trading.

The price of SOL has risen by 1% today, reaching $153.69 as the wider crypto market loses 0.5% in the past 24 hours.

Solana could potentially reach the $185 level if it breaches the neckline of the inverted head and shoulder pattern.

The use of cryptocurrencies is at an all-time high, driven in particular by some blockchains like Ethereum or by layer-2 solutions like Base.

Despite a strong performance and increasing adoption, Solana's (SOL) price might fail to break its all-time high this year. This prediction is based on several key indicators that have been crucial in determining the altcoin's direction.

The rapidly evolving landscape of cryptocurrency, competition serves as a catalyst for innovation. At the forefront of this arena are Ethereum and Solana, two blockchain giants that have captured the attention of developers, investors, and users alike.

Solana is capturing significant attention as top analysts predict the crypto markets are gearing up for substantial post-halving action. This optimistic sentiment is emerging amid broader market anticipation of Bitcoin re-testing its previous all-time high (ATH) of $70,000, which is expected to fuel increased market activity.

This week, we examine Ethereum, Ripple, Solana, Dogecoin, and SUI in greater detail. Ethereum (ETH) Ethereum closed a great week with a 9% price increase after buyers dominated on Monday.

WIF shows bullish potential despite correction, supported by community growth and accumulation.

As the crypto markets head towards the end of the weekly trade, the buyers are working hard to regain their dominance. Solana's volume has increased significantly over the last few days but is steadily decreasing.

The price of Solana (SOL) has settled below the upper resistance of $160. Price analysis by Coinidol.com.

A widely followed analyst and trader is offering his forecast on three crypto assets. The analyst pseudonymously known as Bluntz tells his 283,900 followers on the social media platform X that Dogecoin (DOGE) is “so close to major breakout” after a brief correction on the two-hour time frame.

Bitcoin (BTC) continued to rise as it edges to $68,000, with the world's largest cryptocurrency up by 0.65% over the past 24 hours. The crypto market had a mixed day, with BTC, Ethereum (ETH), Shiba Inu (SHIB), Dogecoin (DOGE), and Litecoin (LTC) posting gains.

Cube, a hybrid exchange that settles trades on-chain using secure multi-party computation, has listed Access Protocol (ACS), a content monetization platform built on Solana. The listing follows Cube's recent announcement of Isometric (ISO), an intent-based transaction network that aims to enable cross-chain trading without asset bridging.

Solv Protocol has launched a new Bitcoin staking token on Solana, aiming to attract BTC holders with higher yield opportunities in the DeFi space.

Cryptocurrency Prices Today, October 18: The broader market on Friday again showcased mixed actions, sparking investor speculations globally. Although Bitcoin (BTC) price briefly touched the $68K mark today, Ethereum (ETH), Solana (SOL), and XRP prices encountered market volatility.

Nansen revealed its new blockchain analytics platform for Solana. The integration aims to provide Web3 investors with the network's detailed on-chain data and offer better tools for blockchain analytics.

Solana is a blockchain built for mass adoption. Its a high-performance network that is utilized for a range of use cases, including finance, payments, and gaming.

As it gets closer to forming a golden cross, Shiba Inu is exhibiting indicators of a possible breakout. The 50-day moving average crossing above the 200-day moving average is a bullish pattern that frequently results in a substantial increase in market momentum.

Solana's recent DEX volume dominance against Ethereum sparks speculation of a major bull run on the horizon.

Bitcoin's emerging layer-2 and DeFi ecosystems are sparking competition for BTC liquidity on other chains.

Solana (SOL) price has surged by 12% over the past six days, riding a wave of bullish momentum that has seen it break through multiple resistance zones. This rally has been fueled by technical strength, including bullish EMA positioning and supportive BBTrend values.

The Solana price is down over 4% today, just two days after reaching a weekly high at around $158. This price decline is due to several factors, including a drop in Solana's network activity between October 16 and 17.

Solv Protocol has introduced ‘SolvBTC.JUP', a new Liquid Staking Token that lets Bitcoin investors earn returns through Solana's decentralized finance ecosystem. Even though it is only in its pilot phase, SolvBTC.

After a stunning rally in recent weeks that has seen it more than 4x from recent sub-$0.50 lows and burst above $2.0, the Sui (SUI) price has started to lose momentum.

Solana (SOL) is making waves in the cryptocurrency space, successfully holding a crucial psychological price point of $150. With a market capitalization nearing $72.15 billion, the altcoin is positioned for potential growth, significantly fueled by an impressive increase in daily active addresses.

TL;DR Jupiter, Solana's leading DEX aggregator, has launched Ape Pro, a platform dedicated to memecoin trading. The new service offers advanced tools such as real-time token streaming and MEV protection. Ape Pro also simplifies access to the platform through social login on X or Discord, eliminating the need for wallets or seed phrases.

Jupiter's Ape Pro introduces advanced tools for meme coin trading on Solana, aiming for enhanced security and efficiency. The post Solana gets new meme coin trading terminal with Jupiter's Ape Pro appeared first on Crypto Briefing.

It has come to light, thanks to an observation by prominent crypto analyst Ali Martinez, that popular meme cryptocurrency dogwifhat (WIF), based on Solana, could be forming a rising wedge pattern.

Following a recent price increase, Solana-based meme coin Bonk (BONK) has been one of the top gainers among the top 100 crypto assets in the last 24 hours.

Maneki, a Solana cat-themed meme coin, has announced a sponsorship deal with English Football club Sheffield United. Solana-based Maneki (MANEKI) and Sky Bet Championship team Sheffield United unveiled the first-ever football shirt sponsorship featuring a meme coin.

Key Points:

The cryptocurrency world is buzzing with high hopes as certain Solana coins show great potential for massive gains. Investors aiming for substantial returns see opportunities to grow a $100,000 investment into $1 million by December 2024.

TL;DR Orderly Network launches the first omnichannel order book on Solana, enabling trading of perpetual contracts on a shared order book. The expansion to Solana follows a milestone of $83 billion in total trading volume, solidifying its mission to unify liquidity across multiple chains.

Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas. The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Avalanche (AVAX).

Orderly Network, a decentralized finance (DeFi) liquidity platform, has successfully launched its omnichain vault on Solana (SOL), as detailed to Finbold on Thursday, October 17.

An artificial intelligence (AI) chatbot could soon make history by becoming the first non-human millionaire, with the windfall stemming from the platform's involvement in the Goatseus Maximus (GOAT) meme coin.