Sol Strategies has announced plans to list on Nasdaq following a remarkable 2,336% increase in its stock since July.

Solana (SOL), the fifth-largest cryptocurrency by market capitalization, could be on the verge of a significant breakout, according to the co-founders of Glassnode, known as “Negentropic” on X (formerly Twitter).

Solana appears to be vying to retake the podium with its latest victory, becoming this year's leading ecosystem for new developers, ending Ethereum's 8-year dominance. The post Solana Beats Ethereum – Is a $500 SOL Price Now Within Reach? appeared first on Cryptonews.

Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum's dominance for the first time in nearly a decade.

The recently published 2024 Crypto Developer Report by Electric Capital draws insights from 902 million code commits across 1.7 million repositories, showcasing trends that illuminate the industry's trajectory. According to Electric Capital, developers are the foundation of value creation in crypto.

A recent report by Electric Capital found that Solana became the ecosystem that attracted the most new developers in 2024, overtaking Ethereum. The report calculated that 7,525 developers joined the Solana ecosystem this year, while Ethereum registered 6,456 during the same period. Solana grew its developer base by 83% year-over-year, while Ethereum lost 22%.

Sui (SUI) is on a remarkable upward trajectory, exhibiting strong bullish momentum. On December 12, it surged to a new all-time high of $4.91, fueled by a 30% gain over 24 hours, making it one of the top-performing digital assets in the market.

The cryptocurrency market depends on opportunities to find initiatives with great growth capacity. Rexas Finance (RXS), an alternative to Solana (SOL), is creating a buzz in the market.

Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.

Solana maintains $226 price level while achieving industry leadership in developer growth, surpassing Ethereum for the first time since 2016 with 7,625 new developers in 2024.

Over the past week, the Solana price has reflected broader market trends, experiencing a slight decline of 1.3% in the last 24 hours. This decrease has led SOL to retest a crucial support level at $226.

Despite showing a glimpse of moving higher, Solana (SOL) has once again failed to climb to the $300 mark. The inability to rise to this milestone could be linked to the dominance of Solana sellers, who have outpaced the buyers.

Exchange pool, yield, and innovations for the on-chain economy.

In 2024, 7,625 new developers used Solana ecosystem, while 6,456 developers have explored Ethereum. The post Solana Ecosystem Outpaces Ethereum in Terms of New Crypto Developers: Report appeared first on Cryptonews.

Chainalysis has expanded its coverage to include meme coins launched on the Solana-based platform Pump.fun.

Ethereum still has the crown for total developer activity, topping the charts across every continent around the world.

Solana is reported as the fastest-growing blockchain in terms of new crypto developers, with growth that is up to double-digit in a single year. According to the Electric Capital report on Dec.

Blockchain data platform Chainalysis has broadened its scope to cover Solana's Pump.fun memecoins.

The publicly-traded crypto holding company has continued to shed previous investments as it double-downs on the Solana ecosystem.

Ethereum remained the blockchain with the most devs, and the overall population of software builders in crypto was flat, the VC firm said in its annual survey.

Solana (SOL) has faced a 23% retrace after hitting new all-time highs at $264, testing the resilience of bullish momentum. Despite this pullback, SOL's price structure remains strong, with the token holding firmly above a critical demand zone.

Solana has recorded another impressive milestone, overtaking Ethereum to become the leading ecosystem for new developers this year. This ends Ethereum's eight-year streak, having led in this particular metric since 2016.

Zeus Network has validated the first Bitcoin transaction on the Solana blockchain. On Dec. 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure.

The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin's (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week's BTC rally to over $100,000.

Over 4 million Solana-based memecoins have been deployed via Pump.fun, according to data from Dune Analytics.

If developer mindshare is any indication of innovation, then knowing something about developer activity matters.

Assessing how SOL can clear its overhead hurdles amid lukewarm demand.

In 2024, Solana surpasses Ethereum in new crypto developer growth, reflecting a global shift with rising contributions from Asia. The post Solana outpaces Ethereum in attracting new crypto developers in 2024 appeared first on Crypto Briefing.

Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, continues its strong rally, which has seen the token price increase six-fold from $3 to over $18 since its much-anticipated launch two weeks ago. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hyperliquid (CRYPTO: HYPE) $18.20 $4.9 billion +16% +43.4% Sui (CRYPTO: SUI) $4.63 $13.5 billion +9.9% +10.3% BNB (CRYPTO: BNB) $719.9 $103.7 billion +3.3% -1.7% Trader Notes: Crypto trader Daniel described Hyperliquid as the "coolest new product in years, saying it is "basically Binance, except fully on-chain with no KYC, usernames or logins.

Ethereum remains the top blockchain by total developer count, though Solana's dev ecosystem has begun to grow at a faster rate.

A crypto analyst has tipped Solana (SOL) and Toncoin (TON) to break new all-time highs as activities ramp up. Altcoins have grown significantly since Bitcoin's price moved to the $80,000 mark as traders looked to maintain buying confidence.

The price of Solana has risen to $231, rallying by 3% as Bitwise's head of research predicts that the coin could rise as high as $750 next year. The post Solana Surges Past $230 – Is a $750 Price Target Now in Play? appeared first on Cryptonews.

Solana's first crypto perpetuals aggregators service wants to compete with market leader Hyperliquid.

Solana (SOL) has experienced a resurgence in price, climbing 5% over the past 24 hours. As of this writing, the altcoin trades at $233.

Buyers are not going to give up, according to CoinMarketCap.

Solana, one of the major figures in the crypto sector, is once again at the center of attention. After a year marked by strong fluctuations, its native token, SOL, has shown a spectacular rise.

Despite its undeniable successes in the cryptocurrency market, Solana (SOL) has been hit hard by the stagnation that emerged as the initial investor euphoria over Donald Trump's victory subsided.

Perena wants to be the "neutral layer" bringing liquidity to stablecoin issuers.

As Christmas approaches, Solana price has emerged as a standout in the cryptocurrency market. The price of SOL shows promising signs of further gains, fueled by a bullish trend.

Solana made a 30% rise after a recent dip, hinting at the potential uptrend continuation. It currently interacts with descending channel resistance and a breakout will confirm the bullish outlook.

The crypto market has gained 3.3% to hit a total market cap of $3.83 trillion, with Bitcoin (BTC) regaining the psychological $100,000 level. Several altcoins are also showing bullish signals, with analysts predicting higher moves for Solana (SOL), Aave (AAVE) and Chainlink (LINK).

As the broader crypto market rebounds following Donald Trump's election on 5 November, Solana (SOL), currently the sixth largest token by market capitalization, has resumed its bullish trajectory, recently reclaiming the $230 price level. On Wednesday, the Solana price surged nearly 7%, reaching $232 after a two-week correction period that followed its current all-time high achievement of $263 on November 23.

Solana developers recently approved the first block increase in the blockchain's history, signaling a commitment to maintaining network operability and scalability in preparation for the chain's future demand.

Solana maintains price stability above $200 while experiencing increased network activity, reduced exchange supply, and strong staking participation, with $32.46 billion in weekly trading volume surpassing Ethereum's figures.

Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.

Solana (SOL) has faced significant market fluctuations in recent weeks, but it has managed to hold a critical support level at $210. This has provided a temporary bounce, with the price attempting to recover from a recent downtrend.

Bitcoin has once again surged past the $100,000 mark, trading at around $100,500 following the release of U.S. Consumer Price Index (CPI) data for November.