Bitcoin just smashed a new all-time high at $99,000, stealing the spotlight in the crypto markets! Meanwhile, altcoins are either dragging their feet or clinging to support, waiting for a breakout. Solana, the fourth-largest crypto, has hit an all-time high, surging beyond $263 and eclipsing its previous record set in October 2021.

Altcoins have finally awoken with many of them hitting double-digit gains following the announcement of SEC Gary Gensler's departure from the agency.

As Bitcoin surpasses the $99,000 mark, with a new all-time high of $99,314, Solana shares the momentum to hit a new ATH. With a 10% surge in the last 24 hours, the bull run in SOL price powers tailwinds for other altcoins.

Some major altcoins have also started riding the bullish wave alongside Bitcoin. Solana (SOL), the fourth-largest cryptocurrency by market cap, has also surged to a new record high of $262.

On Friday, Solana (SOL) soared to a new all-time high (ATH), now trading at approximately $261. This breakthrough surpasses its previous peak set in November 2021.

SOL Global Investments, a Canadian investment fund focused on Solana (SOL) and its growing blockchain ecosystem, is taking advantage of the surge in Solana's value by raising C$3.6 million (roughly $2.5 million) to acquire more SOL tokens.

Solana (SOL), one of the most prominent blockchains in the world, just hit a new all-time high record of $260. Fillings for Solana's crypto-related products boost the token price.

Solana gained 11% in the past 24 hours, trading above $263 to reach a new all-time high amid an extended crypto market rally.

New Solana ATH: SOL hits a new all-time high as altcoin season heats up. Learn how Solana's meme coin ecosystem is driving altcoin price spikes. The post Solana Reaches $260 ATH, Fueling Altcoin Season Hype – Are Meme Coins Next? appeared first on Cryptonews.

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Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago.

After plunging to nearly $8 in 2022, Solana has finally fully rebounded, jumping above the $260 mark Thursday for the first time ever.

The SEC's reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S.

The Solana network remains one of the leading blockchains in the dynamic crypto sector, drawing in a significant number of users on a daily basis, which has led to a recent notable spike in its transfer volume to unprecedented levels.

Bitwise, VanEck, 21Shares and Canary Capital have also recently submitted their S-1 registration statements to list a spot Solana ETF in the US.

Bitwise's move could accelerate mainstream acceptance of Solana, influencing regulatory perspectives and boosting institutional crypto interest. The post Bitwise files Form S-1 for spot Solana ETF with SEC appeared first on Crypto Briefing.

Solana has been on an extraordinary growth streak this year, cementing its place as a leading blockchain platform. Recent reports show that it now holds the title of the blockchain with the highest global traffic share in 2024.

Raydium price is on track for the third consecutive week of gains and is hovering at its highest level since January 2022 after it flipped Uniswap amid the ongoing Solana meme coin boom. The RAY token soared to a high of $6.32 on Friday, up by over 8,550% from its lowest level in 2023.

The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.

Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.

Solana (CRYPTO: SOL) is up 10% on the day and closing in on its all-time high as new Solana spot ETF filings indicate continued institutional interest. What Happened: Eleanor Terrett of Fox Business on Thursday tweeted that the SEC is reportedly engaging with issuers interested in launching a Solana spot ETF, with progress being made on S-1 applications, citing sources familiar with the matter.

Bitwise files for a Solana ETF in Delaware, joining several other investment firms in the race for regulatory approval.

Fox Business reporter Eleanor Terrett has claimed that the SEC is quietly engaging with several issuers about approving a Solana ETF.

Crypto asset manager Bitwise has filed for a Solana ETF amid increased optimism about SEC approvals under a Donald Trump administration.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.

Cardano's Charles Hoskinson extends peace to Solana bridging crypto divides with unexpected blockchain diplomacy.

Solana (SOL) price has surged 16.96% in the last seven days and is now very close to reaching a new all-time high. The recent rally has positioned SOL just under 3% from its previous ATH, signaling strong bullish sentiment in the market.

Solana ETFs may arrive on Wall Street in 2025 as issuers privately disclosed dialogue with the SEC and President Donald Trump's administration buoyed industry hopes.

The SEC is quietly meeting with several issuers to discuss approving a Solana ETF, claims Fox Business reporter Eleanor Terrett. With Trump's impending pro-crypto administration, the SEC seems more inclined to approve such a product.

The quest for spot Solana ETF products in the United States is advancing positively. As Fox Business Journalist Eleanor Terrett reported, talks between the Securities and Exchange Commission (SEC) and prospective issuers are “progressing” positively.

Solana's price surge and ETF progress could signal increased institutional acceptance and regulatory clarity for crypto investments. The post Solana price hits $250 for the first time in three years amid SEC progress on Solana ETF applications appeared first on Crypto Briefing.

Bitwise was one of the money managers who launched the spot Bitcoin and Ether exchange-traded fund (ETF) earlier this year, introducing funds that directly hold billions of dollars in cryptocurrencies.

Solana is steadily consolidating around $250 after gaining 18% in the past week and 4.3% today. With strong bullish signals from technical indicators, could $300 be the next milestone?

The prospects for spot Solana exchange-traded funds are progressing, with the U.S. Securities and Exchange Commission "now engaging" on S-1 applications.

The Solana network continues to progress impressively, gaining market share at the expense of Ethereum and adopting established crypto infrastructures. This momentum is particularly visible in the weekly trading volume of decentralized exchanges (DEX) between Solana and Ethereum, which reached historical highs this week.

Chillguy, a meme coin on the Solana blockchain, has seen its value skyrocket by 2000%.

TL;DR Bitwise has filed for a Solana ETF in Delaware, reflecting growing interest in blockchain assets. The ETF approval faces regulatory challenges, including Solana's classification as an asset. Trump's re-election is expected to favor more cryptocurrency-friendly regulation.

Solana's meteoric rise in key metrics and real-world adoption signals a shift in the blockchain space, challenging Ethereum's long-held dominance.

Solana's meme token boom continues to shift the balance, with DEX activity catching up with Ethereum. It has reached around 57% of the activity levels on the Ethereum blockchain.

Bitcoin (BTC) surged to a new all-time high early today as it rose to $97,000 before losing momentum and registering a marginal decline to fall to its current level. The world's largest cryptocurrency is up almost 3% over the past few hours as it maintains its rally despite facing recent selling pressure, with analysts expecting a move past $95,000 is imminent and could happen within a couple of sessions.

The cryptocurrency market is experiencing renewed excitement as Bitcoin (BTC) has surpassed a significant price level of $92,000, strengthening its position in the ongoing bullish cycle. This surge marks Bitcoin's breakout above a long-established descending channel, accompanied by high trading volumes, suggesting strong participation from both institutional and retail investors.

Bitcoin (BTC) hit a new all-time high of $94,041 after BlackRock, the world's largest asset manager, officially launched the iShares Bitcoin Trust ETF (IBIT) for options trading. However, it declined after reaching this level and is currently trading at $92,114, up almost 1% over the past 24 hours.

Solana's rally in the past few weeks will likely pause as it approaches a key resistance level. Despite this critical hurdle, the optimism surrounding SOL is not diminishing and will continue to grow due to the meme coin frenzy.

Bitcoin (BTC) continued to hover around the $90,000-$91,000 levels as sellers continued to prevent a move higher. The world's largest cryptocurrency registered a marginal increase over the past 24 hours, trading just above the $91,000 level.

The altcoin market is buzzing with activity as several key players show promise in the current market. From Solana's rise to the developments surrounding Ripple's XRP, there's much to keep an eye on. Here's a look at some of the altcoins currently in the spotlight, based on the latest analysis from CryptosRus.

In a recent video analysis from Altcoin Daily, the analysts highlighted five altcoins with notable potential under a pro-crypto Trump-led administration while providing insights into recent developments shaping the crypto space. The analyst noted that the Fit21 crypto bill, categorizes digital assets as commodities if their blockchains are sufficiently decentralized.

Bitcoin maintaining above $85,000 improves the price prospects for SOL, AVAX, SUI, and NEAR.