According to data from CoinGecko, among the top ten major cryptocurrencies by market value, Solana (SOL) has registered considerable gains over the past seven days (7.5%), even surpassing Bitcoin's 1.8% growth.

Key points:

AMBCrypto analyzed the liquidation heatmap and found a strong magnetic zone above the mid-range resistance level.

As of September 26, Solana has the most positive net flows beating all other chains. The net flows of Solana currently stand at 1.0B over a period of 3 months.

VanEck's MarketVector has identified a significant valuation gap between Solana (SOL) and Ethereum (ETH), suggesting SOL could potentially reach half of ETH's market cap, with projections placing its price around $330.

The Mega Dice presale has already provided a glimpse of the token's upside potential, with an impressive $1.89 million raised. With the presale scheduled to end in just 3 days, it wouldn't be a surprise if this figure hits the $2 million mark.

Over the past 24 hours, Solana has reaffirmed a break above the $150 resistance threshold with a 1.38% rise. This victory comes as VanEck sets a $330 Solana price target, citing its potential to challenge Ethereum's dominance.

In a recent tweet, a top analyst, HenrikZeberg, informed his followers that the long-awaited Altseason is here. According to him, the Alts-BTC ratio has tested the trendline after a bullish divergence, meaning altcoins are ready to fly.

A meme coin based on a viral pygmy hippo from Thailand, Moo Deng (MOODENG), saw its price surge up to 42% as Solana traders seek to capitalize on the animal's astonishing popularity.

Analyst project a 2x move for SOL's price if the asset reach half of ETH's market share.

Excitement is back as the crypto market returns to the upside. The impact of the Fed's rate cut is being felt across the landscape, with Binance Coin (BNB) trading above $600. At the same time, instead of FOMOing, savvy traders are bidding more on promising tokens rather than hype.

A VanEck report predicts Solana could reach $330, driven by its faster transaction speed, lower fees, and growing user base, as it increasingly competes with Ethereum.

Bitcoin (BTC) retreated from $64,000 late on Wednesday after reaching a peak of $64,780, just short of the crucial $65,000 price level. The overall crypto markets saw a slight retreat, with the market cap falling by 0.82% to $2.23 trillion.

Rexas Finance is making waves in the real-world asset (RWA) tokenization sector as it allows crypto users to digitally tokenize any RWA whether it's real estate, art, commodities, or intellectual property.

Analysts predict Solana could reach $330 and capture 50% of Ethereum's market cap, driven by its superior transaction capacity and growing ecosystem in DeFi, stablecoins, and payments.

A recent move by a large Solana (SOL) whale to unstake and sell their holdings on Binance has raised concerns about the sustainability of the token's ongoing price rally. The whale's actions are particularly significant because, in past instances, similar sales have led to double-digit price drops in SOL.

A Solana whale unstaked another 200K SOL for the first time since July. The tokens were sent to Binance, sparking expectations of selling pressure.

Solana seems to want to challenge Ethereum, but for now it seems difficult for it to catch up.

A Solana validator, with a history of price fall, unstaked a large amount of the asset again as the market saw a mild correction.

Solana price surged past $153, gaining 21% in a week, driven by Coinbase's cbBTC launch. Key levels suggest potential continuation towards $200 if momentum holds.

The cryptocurrency market experiences a cautious recovery, Solana (SOL) stands out with promising technical indicators that suggest a potential bullish breakout. With current prices hovering around the $150 mark, analysts are increasingly optimistic about Solana's trajectory, eyeing potential extensions to $169, $172, and even $192 in the coming weeks.

Currently, Solana (SOL) is the fifth-largest cryptocurrency, with a market capitalization of approximately $71 billion. Following the recent decision by the US Federal Reserve to cut interest rates by 0.50% on September 18, the cryptocurrency market has seen a resurgence in investor confidence, leading to notable price increases for SOL.

Bitcoin continues to face selling near $65,000, but the intensity seems to be reducing, paving the way for an upside breakout.

Shiba Inu has finally begun to exhibit indications of a possible bullish trend following a protracted period of consolidation and decline. Indicators of an asset's shift in momentum are frequently regarded as key indicators, and the token recently broke through its 50-day Exponential Moving Average.

PayPal's stablecoin PYUSD lost nearly 30% of its market cap over the last 30 days, sliding from over $1 billion to $712 million as of Sept. 25, according to on-chain data.

SUI and SEI resemble Solana's 2021 pattern, poised for potential gains.

Solana (SOL) has been a prominent player in the cryptocurrency landscape, known for its fast transactions and low fees. However, recent trends have raised questions about its momentum as we head into the fourth quarter of 2024.

On September 26, 2024, Solana-based meme coins gained significant attention from the crypto community following their impressive performance. Solana Meme Coins Outperform Bitcoin and Ethereum According to CoinMarketCap data, SOL-based meme coins such as Dogwifhat (WIF), Bonk (BONK), Popcat (POPCAT), and Cat in a Dogs World (MEW) have surged by 6%, 5.5%, 12%, and 15.

Solana price was up over 3% today, with the crypto soaring past the $153 mark recently, fueling market interest. Amid this, a recent report from VanEck research firm shows that the crypto is gearing up for a rally to $330, further bolstering the market sentiment.

Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains.

The Solana (SOL) price could be set to surge in the months ahead as calls grow for the return of a new altcoin season that could see major altcoins like Solana drastically outperform Bitcoin (BTC) and Ethereum (ETH).

The Solana (SOL)-based decentralized exchange (DEX) Mango Markets has proposed a $500,000 settlement with the U.S. Commodity Futures Trading Commission (CFTC). The DEX's decentralized autonomous organization (DAO) voted this week to approve a settlement offer proposal that includes the civil penalty and an agreement to cease and desist from violating various commodity regulations.

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A recent VanEck report suggests that Solana is undervalued for its technical achievements and could potentially reach 50% of Ethereum's market cap.

Solana (SOL) is now trading at a critical juncture following last week's market surge. The token has climbed over 20% from its recent local lows, now testing a crucial supply level around $150.

A new report projects that Solana (CRYPTO: SOL) could see its market value surge to $330, capturing 50% of Ethereum's (CRYPTO: ETH) market cap. What Happened: The report by MarketVector, a thematic index provider backed by VanEck, highlights Solana's superior performance metrics and suggests that the cryptocurrency is significantly undervalued compared to Ethereum, presenting a major investment opportunity.

DefiLlama's Dex data revealed that Solana had outperformed Ethereum's Dex volume for the second time in a week. According to DefiLlama's data, Solana's Dex volume surpassed Ethereum's Dex volume by approximately $0.01B in the last 24 hours.

Solana's potential rise to 50% of Ethereum's market value could significantly alter the competitive dynamics within the cryptocurrency market. The post Solana could hit 50% of Ethereum's market value, predicts VanEck appeared first on Crypto Briefing.

Should that happen, SOL's price could more than double, according to the current numbers.

Google Cloud has joined forces with Solana Labs to launch GameShift, a new API designed to make it easier for developers to integrate Web3 features like non-fungible tokens (NFTs) and digital assets into their traditional Web2 games.

Solana has successfully reclaimed what appears to be the critical level that set it on its path to $260 in 2021. Hitting this price suggests that SOL could retest its all-time high (ATH).

Solana meme coin, Mother Iggy (MOTHER) has reclaimed $100 million market cap, which was last tapped on 27th July. Since then, MOTHER/SOL had dipped lower and consolidated throughout the month of August, until 8th September when it started surging again.

Solana has been one of the hottest chains, probably more than Ethereum or Bitcoin, as the platform has been tremendously active. The activity on the platform surged massively which raised the possibility of rising above the pivotal resistance at $150.

VanEck has expressed optimism about Solana market cap to reach 50% of Ethereum.

The CoinGlass data shows that the POPCAT open interest has surged by 13%, reaching its all-time high of $106 million showing strong trader interest for the Solana meme coin.

Solana has the potential to reach 50% of Ethereum's market cap according to a recent report by VanEck's subsidiary, Market Vector. Over 3,000% more transactions get processed on Solana network as compared to Ethereum, with over 1,300% higher number of daily active users.

Amid the ongoing bullish recovery in the crypto market, the Solana price has successfully reclaimed the $150 mark. Moreover, the altcoin is on the verge of testing its important resistance level of $155, indicating increased price action in the crypto market.