In December 2024, Solana added 1 billion dollars in stablecoins to its total value locked (TVL)! This brings the total TVL of stablecoins on its network to approximately 5 billion dollars.
Solana (SOL) has been hailed as one of the strongest contenders in the cryptocurrency market, often referred to as the “Ethereum Killer” due to its fast transactions and lower fees. However, with the cryptocurrency market's volatility, questions like “Will Solana's price hit $500?
In 2024, Tron recorded $2.12 billion in revenue, eclipsing Ethereum's $2 billion, and leaving Solana trailing significantly.
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Solana price has erased some of the gains made on Christmas Eve as most cryptocurrencies rallied. This sell-off has led to an increase in whale activity, with some notable ones swapping the SOL token for Hyperliquid's HYPE.
The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC.
In 2022, the Terra blockchain and UST stablecoin imploded, leaving a trail of devastation that only worsened when FTX collapsed later that year. The crypto asset solana (SOL) took a hard hit, plunging to alarming lows. By January 2023, SOL was scraping the bottom of the barrel in terms of price.
Nate Geraci, president of the ETF Store, expects Spot Solana ETFs to be approved in 2025.
Solana (SOL) is showing resilience as it holds firmly above critical demand levels, signaling the potential for an upcoming rally. Despite broader market indecision, with Bitcoin (BTC) struggling to regain upward momentum, Solana's price action suggests strength in the face of uncertainty.
Sonic, the Solana Virtual Machine (SVM) layer-2 chain for games and applications, is set to launch its native token, SONIC, on January 7, 2025. This development is a key milestone in Solana L2 Sonic's roadmap, designed to power its gaming-focused blockchain ecosystem and enhance scalability across its infrastructure.
The milestone highlights growing investor confidence in AI-integrated blockchain projects, potentially spurring further innovation and adoption. The post ai16z becomes first AI token on Solana to hit $2B market cap appeared first on Crypto Briefing.
A new report from Grayscale is once again putting Solana and its native token $SOL on the spotlight for this upcoming year as the asset management company believes that its ecosystem still has tremendous potential for growth ahead. In its report, Grayscale analysts said that the result of the November U.S.
Analysts predict explosive 2025 growth for AI agents as 'agent commerce' takes shape.
Sonic, the Solana Virtual Machine chain for games and applications on Solana, will unveil its native token SONIC on January 7. On Dec.
2025 may usher in significant crypto developments, like the first Solana-based ETF and more advanced AI crypto trading bots, but it could also bring new threats.
Crypto giants Dogecoin and Solana eye Q1 2025 highs, but Rollblock may lead with a breakout rally. #partnercontent
In a recent X post, pro-XRP lawyer Bill Morgan predicted XRP and HBAR to outperform Bitcoin, Solana, and Ethereum in 2025. This comment comes after Ripple's native crypto has recorded a robust rally this year, especially after Donald Trump's election win.
Solana (SOL) finds itself at a critical juncture. After experiencing a 5% price increase over the last week, the token has recently seen a small correction, slipping below its previous highs.
Solana (SOL) has capped off 2024 with an impressive achievement, leading the cryptocurrency space in weekly stablecoin growth. The network's stablecoin market capitalization has surged back above $5 billion, reflecting both Solana's growing influence and the broader increase in stablecoin usage.
As the 2025 horizon draws near, the Solana price forecast shows potential for significant growth, with predictions suggesting a rise to $400. As 2024 goes down, SOL is poised for further advancements despite recent market fluctuations.
Bitcoin (BTC) continued to slide despite signs of an attempted recovery reaching an intraday high of $94,804 during early trading hours before a rapid decline dropped it to a low of $91,788. BTC is trading at $92,317, down almost 1.33% in the past 24 hours.
Major crypto whales from Solana, Toncoin, and Ripple are now eyeing Lightchain AI, a rising star blending AI with blockchain technology. #sponsored
Solana's price has been juggling within a narrow range after dropping from the threshold at $200. Meanwhile, support levels have risen from $175 to $186, suggesting the buyers are slowly gaining control over the rally. This may further help the price maintain a healthy ascending trend.
The year is on its final leg as a new one approaches. With prices poised to explode—Q1 market rally—the best coins to invest in for key reasons are Solana (SOL), Cardano (ADA) and DTX Exchange (DTX).
Slinky, a blockchain project that uses ZK compression, has launched an airdrop to distribute 10% of its total supply to 27.7 million wallets on Solana. The project utilizes ZK-compressed token accounts, a storage mechanism that allows launching a massive airdrop and keeps costs low.
Solana (SOL) bulls are taking up tokens amid the slight market correction. This follows recent bullish price projections above $250 as traders align for positive movement next year.
A popular crypto analyst suggested selling Solana if it falls under $180.
Can SOL capitalize on the latest Solana network stablecoin and TVL growth?
Given that its price performance shows a compression of volatility, which frequently occurs before major market movements, Solana is looking like a strong contender for a significant recovery in 2024. At $193, Solana is still positioned between important technical levels, and its trading volume suggests that there is a lull in the conviction to buy or sell.
DEXs registered new monthly trading volume records in December on spot and derivatives markets, with Solana-based protocols dominating the sector, according to DefiLlama. As of Dec. 30, on-chain spot trading volumes reached $451.5 billion, a 19% increase from November, which held the previous record of monthly trading volume at $379.5 billion.
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Zeus Network has introduced zBTC, a tokenized form of Bitcoin, to Solana's blockchain, enabling new yield opportunities for Bitcoin holders. This development comes as the Zeus Network aims to enhance cross-chain liquidity and expand decentralized finance (DeFi) options.
A famous crypto expert who became popular for accurately predicting Solana's price rally to $250 ATH in the 2021 crypto bull markets is driving crazy FOMO among big whales and retail crypto investors as he resurfaces with bullish ROI forecasts for WallitIQ (WLTQ) selling for a one-time low price of $0.042.
AI-powered real estate platform Janover announces crypto payment acceptance and explores digital asset treasury allocation amid rising corporate adoption.
Solana, a layer-1 decentralized network, made significant strides user activity and more in 2024. And that's meant good things for its native token SOL.
Janover Inc. (NASDAQ: JNVR), an AI-based platform formed for the commercial real estate sector, has now agreed to accept Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) for the payment of particular services. The step is in line with the company's efforts to advance its financial infrastructure and reflect the integration of digital assets in the
Ethereum (ETH) is on track to end the year as a DEX leader. closely tracked by Solana after apps and tokens returned to the chain in the past 12 months.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
The Solana price has fallen by 1.5% in the past 24 hours, dropping to $192.80 after co-founder Stephen Akridge was sued by his ex-wife for allegedly stealing her staking rewards. The post Solana Price Analysis: SOL Co-Founder Sued for Allegedly Stealing Millions in Staking Rewards appeared first on Cryptonews.
Solana (SOL) price has faced significant challenges recently, dropping 21% over the last 30 days. Despite this decline, SOL remains the 6th largest cryptocurrency in the market, with a market capitalization of approximately $90.8 billion.
Solana (SOL) continues in an impressive growth, attracting significant capital and users' interest as 2024 ends and 2025 approaches. This week, for example, the Solana ecosystem had nearly half-a-billion dollar in stablecoins' inflow, while the Ethereum ecosystem lost millions.
Solana achieved peak stablecoin inflows as of December 30. The chain is second behind Base for the past three months, and is among the top 5 chains to receive stablecoins in 2024.
Grayscale has named Solana and Chainlink among the top 20 digital currencies for first quarter next year
Solana (SOL), a cryptocurrency that has gained significant attention in the past year, recently hit new highs before experiencing a retracement of 18.18% over the last month. Despite this pullback, the cryptocurrency has shown some signs of recovery, with a 7.09% increase in the past week and a 5.42% rise in the last 24 hours.
Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.
Solana at $189.61 as 2024 ends, with critical support at $179.38, resistance at $201.23. Will SOL break out or face more volatility in 2025?
Solana co-founder Stephen Akridge is being sued by his ex-wife Elisa Rossi, who claims he secretly profited from staking rewards on her SOL tokens.
Solana prices have significantly dropped, plunging over 30% since their peak in late November. Current technical indicators signal a bearish outlook, implying that prices may further decline in the short term.