SOL and BNB are battling for rank #4. While SOL currently holds the edge, a new ATH above $260 could cement its lead.
Bitcoin just made a new all-time high, but ether is the real winner here.
SOL is up more than 20% this week, and data suggests that the rally will continue.
Coinbase has just announced cbBTC, the very first Bitcoin-backed token on Solana. The newly minted SPL token is backed 1:1 by Bitcoin and held in Coinbase custody.
Solana (SOL) increased its fee production, reaching a new record in October. The chain surpassed Bitcoin (BTC) in fee production on a monthly basis.
Solana has finally broken through a crucial resistance level that has kept the price subdued for months, sparking fresh optimism among investors. However, the breakout has yet to be confirmed, leaving room for excitement and caution.
In the latest X post, veteran trader Peter Brandt shared a trader's perspective on Solana and Ethereum. He noted that both are poised for upside breakouts to join Bitcoin; however, he specifically pointed out Solana and urged the users to notice SOL breaking out into new highs. $ETHUSD vs.
Dogwifhat's (CRYPTO: WIF) underperformance has caught the attention of traders, who think better times are on the horizon for the canine-themed meme coin. What Happened: Despite falling prices, crypto trader asad sees the risk-to-reward ratio for a run to $10 for Dogwifhat as favorable.
The Solana and Ethereum debate has come up a lot in this market cycle, especially with SOL currently outperforming ETH. Veteran trader Peter Brandt has also weighed in on the conversation and provided insights into why SOL is ahead of ETH from a trader's perspective.
TL;DR Donald Trump's victory in the 2024 election improves the outlook for altcoin ETFs such as Solana, XRP and Litecoin. Trump has expressed support for cryptocurrencies, which has generated optimism on Wall Street that the SEC will approve these funds. Bitcoin price hit a record high following Trump's victory, supported by the president-elect's pro-crypto enthusiasm.
Solana has remained largely flat today, yet analysts are predicting that its recent momentum will be enough to propel it to a new ATH soon. The post Millionaire Trader Predicts Solana Breakout: $420 Target Once SOL Tops $200 appeared first on Cryptonews.
Solana (SOL) has become the fourth-largest cryptocurrency by market capitalization after seeing its price surge by more than 7% over the past week, to now have a total market cap of $88.28 billion, above BNB's $85.6 billion.
As Bitcoin (BTC) entered the price discovery phase following the historic victory of Donald Trump and other pro-crypto candidates in the US Senate and House of Representatives, the altcoin market – led by Dogecoin (DOGE), Ethereum (ETH), and Solana (SOL) have gained significant bullish momentum.
The price of Solana (SOL) has risen above the $164 barrier twice as the altcoin attempts to break out of its sideways trend.
The recent win of Trump in the US election has surges the growth of crypto tokens. On November 6, SOL touched $188 and displaced BNB coin from its fourth position. It has been moving in an upward channel for quite some time.
With a market capitalization of $88.4 billion, Solana has moved into third place in the ranking of cryptocurrencies, displacing Binance Coin which has an $86.7 billion market capitalization. Will Solana now widen the gap?
Solana, a leading blockchain network, has captured the spotlight in the cryptocurrency market. Following Donald Trump's reelection as the 47th President of the United States, the price of its native token, SOL, surged to $188, marking a six-month high.
While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.
Solana "has an opportunity to move alongside BTC and ETH, cementing itself as a major if it gains ETF approval," an analyst told Decrypt.
Solana's price has broken above $172 and continues to show strength as it approaches the $200 level, supported by positive technical indicators and sustained trading volume.
After Struggling for the last six months bitcoin price has finally hit the ATH and touched the $76,200 mark after Donald Trump's election win. Meanwhile, experts predict that the next few months in the crypto market are about to get wild.
Solana (SOL) price appears poised for a breakout as bullish momentum gains traction, lifting the cryptocurrency to a three-month high. While consistent resistance has tested its upward drive, SOL now signals the potential for further gains, capturing the attention of investors closely tracking its movements.
Bitcoin (BTC) surged to a new all-time high following Donald Trump's resounding victory in the US presidential elections. BTC surged to $76,460 hours following Trump's victory, as the crypto market surged to new highs.
Solana price rally has kicked off, eyes on $200 and a new ATH.
Solana has recently made waves in the blockchain and NFT space, claiming a dominant 51% share of NFT royalties, overtaking Ethereum in the process. This surge underscores Solana's growing influence and highlights its advantages in speed, cost-efficiency, and scalability.
Solana started a fresh increase above the $172 support zone. SOL price is rising and might soon aim for a move toward the $200 level.
Solana's memecoin market soars to $12 billion, marking a significant surge in its ecosystem's growth.
The crypto market is rallying 6.8% following the US presidential elections, which made Bitcoin soar to a new all-time high (ATH). As a result, most of the market saw a green daily close, with Solana (SOL) recording a 15.8% surge in the last 24 hours and regaining a key support level.
Ethereum mirrors Solana's bullish breakout pattern; indicators suggest strong potential upward movement.
Solana experienced massive user growth and increased memecoin activity this year, contributing to its price.
Solana (SOL) has officially overtaken BNB (Binance Coin) to claim the title of the 4th largest cryptocurrency by market capitalization. This milestone comes as the market experiences a broader surge, driven by Bitcoin's all-time high price.
Solana's recent action was outstanding: it printed what traders call a god candle — a single enormous 12% spike during the day. These candles are usually unexpected even in a market that is otherwise doing well, and they indicate strong bullish momentum.
Solana (SOL) and Ripple (XRP) no longer hug the market spotlight as Propichain's new RWA altcoin is set to take over. Propichain combines several technologies, providing a quality investment platform for the real estate sector. Its PCHAIN altcoin also offers immense profit opportunities following its 800% post-ICO increase.
Among the largest cryptocurrencies by market capitalization, Solana (SOL) has surpassed Binance Coin (BNB) to secure the fourth position. SOL has recently experienced a 14% increase, which has enabled it to surpass BNB.
Solana overtakes BNB in market cap, as Trump's lead sparks hope for Solana ETF approvals in 2025.
Speculation about a better future for crypto has taken hold today.
Solana's native token SOL is on a roll today after seeing its price increase by over 10% in the past 24 hours. The latest strong-up move pushed SOL above Binance-affiliated BNB (BNB), making it the fourth-largest cryptocurrency by market capitalization.
Pumpfun, a platform for Solana-based memecoins, has sold 36,400 SOL tokens worth approximately $6.77 million in its latest transaction. This move comes as the Solana (SOL) token has seen a 10% price increase over the past 24 hours.
Solana (SOL), the world's fourth-largest cryptocurrency by market cap, is poised to reach an all-time high after breaking out from a crucial resistance level. Following the victory of pro-crypto candidate Donald Trump in the U.S.
Crypto markets cheered Donald Trump's win by pushing Bitcoin to a new all-time high above $75,000, signaling the start of the next leg of the uptrend.
Solana has rallied by 14% today, with the SOL price hitting $185.15 as Donald Trump's election victory boosts the crypto market by 6% in the past 24 hours. The post SOL Price Poised to Soar as Solana Network Usage Reaches Unprecedented Levels appeared first on Cryptonews.
WIF wild pump could cool-off but here are likely market re-entry levels for sidelined bulls.
The world of cryptocurrencies has just taken a significant step forward in the digital payments sector: Solana Pay, the payment system initially built on the Solana blockchain, has expanded its support to include Bitcoin (BTC), Ethereum (ETH), and Layer 2 (L2) solutions.
Solana and Dogecoin trade at key levels following the US election results and are poised for a potential breakout, while XRP is building positive momentum at lower levels.
The Raydium (RAY) price has suffered a considerable pullback following an astonishing rally that resulted in a 1000% year-on-year surge that pushed the Solana-based token well over $3.5. Solana (SOL), one of the most popular layer-1 networks, has surged following an 8% crash.
As Bitcoin hauls altcoins further north in the wave of US election euphoria, crypto airdrops provide investors with low-bar entries into early-stage projects without any initial investment.
As Bitcoin ($BTC) broke its all-time high, in anticipation of Trump's election victory, some of the major altcoins started to outperform. Ethereum ($ETH), Solana ($SOL), and Sui ($SUI) are among the top movers.
As the Bitcoin price achieves a new all-time high (ATH) during the early Asian trading hours, the memecoin category has taken over the crypto market by storm. Moreover, the Bonk price has secured its position in the top gainers list by breaking out of its crucial level.