Sui has become cheaper and faster than Solana, cementing its position as a formidable alternative.
Some 63% of web3 whitehats now consider hacking to be their primary job, up from 56% in 2023, according to Immunefi.
The Solana price has risen by 3.5% today, climbing to $148 as the cryptocurrency market recovers by 1.5% in the past 24 hours.
After a strong bearish pullback, the Solana price has made a significant recovery over the past few days. Moreover, by adding ~16% to its valuation during the last 30 days, it has outperformed the Ethereum price by ~8.5%. This highlights the increased adoption of SOL prices in the market.
Here's how Ethereum plans to increase its throughput capacity and compete with Solana.
Cardano (ADA) co-creator Charles Hoskinson is giving a shoutout to one of Solana's (SOL) biggest competitors. Posting to his 979,000 followers on the social media platform X, Hoskinson says that layer-1 platform Sui (SUI) is earning its spot in the crypto ecosystem. “Reading about Sui. It's good to see George's work come to life.
Bitcoin (BTC) had a reasonably positive weekend, pushing back above $63,000 after dropping to a low of $60,031 on Thursday. The world's largest cryptocurrency is up by almost 3% over the past 24 hours, reaching a high of $63,916 earlier today before sellers pushed the price back below $63,500.
An interesting dialogue took place in the crypto space today, involving prominent expert Chris Burniske and Solana (SOL) cofounder Anatoly Yakovenko. The subject of the discussion was, of course, meme coins, which have captured the attention of crypto market participants this cycle, and in particular have had a major impact on Solana's recognition and adoption.
Solana outperforms Ethereum with a 6.39% price increase since June, while Ethereum drops 30.13%, reflecting shifting investor preferences and network dynamics in the cryptocurrency market.
Solana (SOL) has experienced a challenging week, with price declines impacting investor sentiment. However, recent technical patterns suggest that the tide might soon turn.
Solana price has recovered, with the entire crypto market gaining 4.5% in the last 24 hours and briefly surpassing $150 before retracing to its current price of $149. Further, the SOL price has broken out against Ethereum, which is usually a precursor for outperformance moving forward.
When Solana plummets, savvy investors accumulate. The Sharpe Ratio almost makes us clairvoyants!
Chimpzee is preparing for its Solana expansion. It is a meme coin initiative that allows you to generate passive income while also contributing to animal and environmental protection.
Crypto analyst Alan Santana stirred the pot with his forecast regarding Solana (SOL), suggesting that the asset could be on the verge of a 20% decline, potentially bringing its price down to $121. This marks a level not seen since early August, raising questions among investors and enthusiasts alike.
Solana co-founder Anatoly Yakovenko has pointed out that memecoins have repeatedly drained the momentum out of every crypto cycle that came before them. According to him, they dominate the market, leaving other projects struggling for attention.
A bullish pattern appeared on Solana's chart, hinting at a massive bull rally ahead.
Solana (SOL) has recently garnered attention as it rebounds from recent price lows, igniting interest among traders and investors alike. Currently trading around $140.02—up 2.60% in the last 24 hours—SOL is poised for potential action.
Giko Cat, Sudeng and inSure DeFi emerged as the top gainers in the last 24 hours with a double-digit surge.
Solana's (SOL) price recently dropped to $143, raising concerns about its recovery amid the current market conditions.
The Solana price is currently $143.48, with a 24-hour trading volume of $928.94 million. Although it has dipped by over 0.50% in the past 24 hours, it remains the 5th largest cryptocurrency, boasting a market cap of $67.23 billion.
Its lightning speed and minimal fees. Today, a victim of its own success, it must meet the challenge of massive adoption.
Solana is testing a crucial level after weeks of volatile price action and market uncertainty. Following the Federal Reserve's interest rate cut announcement, Solana surged 26% but quickly retraced 17%, reflecting the ongoing turbulence in the broader crypto market.
Solana (SOL) is currently navigating a pivotal moment. After a recent struggle to break through a key resistance level, SOL is now approaching a crucial support point that could dictate its next move.
One “emerging trend” could potentially give Solana (SOL) an edge over Ethereum (ETH) in the war for smart contract supremacy, according to an analysis from the digital asset banking group Sygnum. The bank acknowledges in a new report that Solana has some overstated volume metrics and only a small portion of Ethereum's market share.
The Solana price is up 1.88% in the last 24 hours following the broader market relief rally. The bullish turnaround allowed the SOL buyers to reclaim 200 days, accentuating the prevailing bullish trend.
POPCAT, a Solana meme coin, has reached a new all-time high (ATH) following a significant rally. The coin surged by 109% over the past month, crossing the crucial $1.00 resistance barrier and reaching $1.29.
Story Highlights The live price of POPCAT crypto is . The Popcat (SOL) price is expected to reach a high of $1.24 in 2024. With a potential surge, the price may achieve a top of $6.01 by 2030. Popcat (SOL) is a Solana-based memecoin that features a short-haired domestic cat named “Oatmeal”.
As the blockchain ecosystem expands, Solana aims to stay ahead of increasing demand through technical innovation and proactive problem-solving. Solana's ability to handle more transactions than all other blockchains combined demonstrates its live operational capabilities.
In the last 24 hours, Solv Protocol, a leading Bitcoin staking platform, with a 24-hour protocol fee of $1.48m, has emerged as the sixth largest among the protocols. Interestingly, Solana, with $1.24m in fees, and Uniswap, with $1.15m in fees, have been pushed down to eighth and ninth positions, respectively.
What's going on with Solana lately and can it change soon?
A widely followed cryptocurrency analyst and trader is turning bullish on a top Ethereum (ETH) rival while offering his insight on XRP and decentralized finance (DeFi) protocol Curve DAO (CRV).
SOL may be nearing a potential breakout, with whale activity and key resistance levels in focus.
The Solana chain has experienced a strong bullish recovery over the past few days. Moreover, some projects have recorded a three-digit surge over the past month. This indicates a resurfacing of investor's interest in this blockchain.
The overall crypto market is recovering, and amid this, Solana (SOL) is poised for a massive upside rally as its daily chart has formed a bullish price action pattern.
Cryptocurrency News Today: The crypto space has risen positively over the previous day, the upward momentum has resulted in a 1.64% increase in market cap to $2.16 Trillion. While the intraday trading volume saw an 18.35% drop with numbers at $66.
Ethereum vs Solana has long been a rivalry that has caught the attention of the crypto-community.
Solana wasn't spared the hammering of early October. As of October 4, there are pockets of strength, but the downtrend remains.
Anatoly Yakovenko, the co-founder and CEO of Solana, has openly criticized the Biden administration for its shortcomings in job creation, particularly in the tech and cryptocurrency sectors. In light of recent regulatory challenges faced by Solana and other crypto companies, Yakovenko argues that U.S. policies are pushing valuable job opportunities overseas, ultimately hindering innovation and economic growth.
After testing the crucial 100 EMA support level, Shiba Inu has demonstrated a robust price recovery. Bulls are still actively defending important price thresholds, as indicated by this bounce, and the next 48 hours may be very important in determining the short-term trajectory of SHIB.
Solana's (SOL) value is struggling to gain traction after failing to break over the critical $161 resistance level in the past two months.
The FTX $12.7 billion repayment is a bullish catalyst many never expected, considering the exchange's collapse was behind the 2022 bear market. With fresh liquidity to be injected into the crypto market, Binance Coin (BNB) and Solana (SOL) are altcoins to watch. Meanwhile, whales have been positioning themselves ahead of the upcoming bull run.
If Bitcoin sustains its rebound above $60,000, investor sentiment is likely to improve and attract buyers to altcoins.
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Solana (SOL) saw a potential bearish shift this week, with prices dipping below the 50-day moving average (DMA) as geopolitical tensions between Israel and Iran intensify.
The company formerly known as Cypherpunk Holdings has bought more Solana tokens with capital recovered from FTX.
Solana is trading above a crucial support level at $137 after experiencing a 17% correction from local highs around $160. This recent dip has left analysts and investors on edge, awaiting confirmation of the next price direction.