Solana price has a strong upward momentum with added propulsion on news of a potential inclusion in a Federal crypto reserve.

The sole plaintiff only lost $231 but is looking to represent a much larger group affected by the Peanut the Squirrel meme coin.

When it comes to investing in cryptocurrencies, the clear No. 1 option is still Bitcoin (BTC 4.92%), which accounts for a whopping 57% of the total market cap of the entire crypto market.

Solana (SOL) has recently experienced a surge in trading activity, gaining 9% in a single day to reclaim the $200 mark—its highest point in a week. This upswing has fueled speculation that the cryptocurrency could target $220 in the short-term, especially as political events like Trump's upcoming inauguration loom.

Solana (SOL) price has risen 8% in the last 24 hours backed by strong whale accumulation and a 52% increase in daily trading volume to $7 billion.

Solana is going to have a stomping 2025. The Solana network is going to get a thorough going-over with the launch of a new and improved network, funded by Solaxy ($SOLX).

With his recent comments, the president-elect of the United States has ignited new discussions in the cryptocurrency sphere. He showed a willingness to incorporate digital assets such as XRP, Solana (SOL), and USDC into the U.S. strategic reserves.

The crypto market seems to be relieved ever since the appointment of Donald Trump as the new POTUS. Frank Chaparro, an early Bitcoin investor, calls this an end of 4 years of regulatory “harassment” and “terror,” which was blatant under the Biden administration.

TL;DR The global crypto market has reached a milestone of $3.6 trillion in market capitalization, driven by significant gains in major cryptocurrencies like Bitcoin, XRP, and Solana. Bitcoin has surpassed the $101,000 mark, reaching a high of $102,164, fueled by a fresh buy announcement from MicroStrategy and favorable macroeconomic factors.

Bitwise report projects Solana could reach $6,636 by 2030 in its bull case scenario, based on strong network metrics, growing adoption, and technological capabilities.

Cryptocurrency trader and analyst Ali Martinez is predicting a triple-digit rally for XRP as he offers his insight on two other altcoins. Martinez tells his 113,700 followers on the social media platform X that XRP could skyrocket by 200% from the current level.

Thanks to mechanisms like MEV (Maximum Extractable Value), earning SOL has become a much sweeter deal. In Q4-2024 alone, Jito Tips—a measure of MEV—brought in a whopping $430 million (or 2.1 million SOL).

The crypto market capitalization pushed above $3.50 trillion on Thursday after rising 2.29%, an increase of over $150 billion in 24 hours. Bitcoin (BTC) continued its upward trajectory, briefly reaching $102,000 before a marginal drop to its current level of $101,482.

Solana holding company Sol Strategies (CSE:HODL OTC:CYFRF) announces the launch of its new Solana mobile staking application. Stock blasts 27% higher. The post Sol Strategies Stock Price Blasts 27% Higher After Launch of Solana Mobile Staking App appeared first on Cryptonews.

Prices of SOL and XRP jumped when the New York Post published the rumor on Thursday. SOL, XRP, and USDC Might Join Bitcoin in a Newly Conceived Strategic Crypto Reserve Donald Trump is not a Bitcoin maximalist, he just rubs elbows with them.

This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) While altcoins such as XRP, SOL, and BNB have made new records since November 2024, Ethereum continues to struggle with a modest 3% price increase this week.

Solana's potential for exchange-traded funds (ETFs) in the U.S. could face significant delays, possibly not launching until 2026.

Bitwise Europe has set forth a positive projection for Solana, suggesting a large price uptick with the potential to reach $6,636 by 2030.

Multicoin Capital has proposed a variable-rate token emission model for Solana, aiming to reduce inflation and stabilize the network.

Multicoin Capital has proposed SIMD-0228, which is expected to transition the Solana network's current token emission model to a variable-rate system

Solana has captured the spotlight this week with its volatile price action, demonstrating resilience amidst market uncertainty. After dropping to a low of $168, SOL surged over 22% to reach $207, signaling renewed strength and bullish momentum.

SOL has clear short-term reasons to target $220, but a "sustained" ride isn't guaranteed.

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Ripple CEO Brad Garlinghouse has addressed discussions surrounding the potential establishment of U.S.-backed strategic crypto reserves. Speaking at the CfC St. Moritz conference, Garlinghouse shared his perspective on the possibility of cryptocurrencies like XRP, Solana (SOL), and USDC being included in national reserves.

According to the proposal, excessive inflation could result in more concentrated ownership and is not essential for securing the network.

Crypto assets faced a bumpy ride over the last seven days, resulting in huge outflows in institutional and retail markets. Like Bitcoin (BTC) and Ethereum (ETH), Solana was among the affected assets that recorded negative weekly figures after showing signs of a bullish uptick.

Oracle platform Switchboard becomes the first crypto startup to launch a Jito node consensus network. The on-chain oracle provider announced on Jan.16 that it was launching the first Jito (JTO) node consensus network on the Solana (SOL) mainnet.

Amid the ongoing market recovery, Solana (SOL) is poised for a massive upside rally, as it has formed a bullish price action. Whereas, President-elect Donald Trump seems to be prioritizing SOL and XRP for America's first strategic reserve.

Bullish momentum has returned in the general crypto market bolstering major digital assets such as Solana toward an upward direction once again. As SOL gains traction, certain key indicators and chart formation are pointing to a potential upsurge for the altcoin in the upcoming weeks.

Solana (SOL) is currently consolidating within a narrow price range, caught between bullish and bearish pressures. This tight trading pattern is often a precursor to a breakout, and many analysts believe that the next big move could be imminent.

With lawsuits still pending over Solana's classification as a security, SOL ETFs will likely have to wait until next year for their debut.

Trump's crypto strategic reserve could benefit XRP and Solana, fostering industry growth and shifting US regulatory approaches.

Innovating Capital General Partner Anthony Georgiades joins CoinDesk to discuss XRP's recent rally that sent the token's price to a high above $3.00. Plus, he weighs in on the rumors around a crypto reserve under the Trump administration.

Solana protocol Tapestry raised $5.75 million in a Series A round co-led by Union Square Ventures and Fabric Ventures.

A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.

"Close the day above $210, and my first target is $330," one analyst stated.

Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.

It's only a few days until Donald Trump's inauguration as the 47th POTUS. The crypto market looks forward to the next four years under DJT, who favors digital assets.

The price of the native token of smart contract platform Solana (SOL) has surged nearly 5% over the last 24-hour period in a move that saw its total market capitalization top the $100 billion mark.

Bitwise Asset Management has outlined a strong investment case for Solana (CRYPTO: SOL), emphasizing its unique architecture and potential for mass adoption. According to a report titled “The Investment Case for Solana,” Solana's high-speed, low-cost transactions, supported by its innovative monolithic design, make it a standout in the competitive Layer-1 blockchain landscape.

Es sind hervorragende Zeiten, um in den Kryptomarkt zu investieren. Zumindest wenn man sich die Entwicklungen der letzten 2 Jahre anschaut.

With its recent bullish run reaching a major milestone, XRP has broken above the crucial $3 level. Following weeks of consolidation and the accumulation of bullish momentum, the asset reached levels not seen in months before the breakthrough.

Solana has long shone as a rising star in the crypto universe, attracting developers with its speed and low fees. However, a recent drop of about 10% in network activity is beginning to raise concerns.

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President-elect Donald Trump is reportedly exploring the inclusion of US-developed digital currencies like Ripple's XRP and Solana in his proposed national crypto reserve, the New York Post reported on Jan. 16, citing insider sources.

The crypto markets underwent massive bullish action, hinting towards the beginning of a strong recovery. The popular token, Solana, surged heavily and entered the bullish range, which could suggest a potential shift in the market trend. Meanwhile, the technicals suggest it could be a bullish trap.

Solana-based meme coin FARTCOIN has surged 25% in the last 24 hours, with a 65% rally over three days.