The token, SCR, will be distributed through an Oct. 22 airdrop and listed on Binance, Scroll said.
In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.
Ethereum staking continues to grow this year despite the emergence of spot exchange-traded funds (ETFs) and the digital asset's price relative price weakness. On Oct. 8, blockchain analytics firm IntoTheBlock reported that Ethereum staking rose by 5.1% this year, with 28.89% of the total ETH supply now staked, up from 23.8% in January.
Lookonchain identified a substantial transfer of 1,250 $ETH worth $3.03M from a wallet suspected to be linked to the Ethereum Foundation to the Bitstamp exchange. According to Etherscan.io, the wallet moved ~3,420 $ETH (~8.
Binance, the largest digital asset exchange in the world, is about to list its first pre-market altcoin for trading.
Standard Chartered Bank has predicted that Solana's (SOL) price may soar by five times by the end of 2025 if Donald Trump wins the upcoming US presidential election. This outlook comes as Solana's user base grows, with the network seeing more than 100 million monthly active addresses for the first time.
Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.
The layer two platform Linea has teamed up with Chainlink's Cross-Chain Interoperability Protocol (CCIP) to offer developers a more secure and seamless environment for creating decentralized applications. This collaboration seeks to overcome common issues like cross-chain security and scalability.
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Standard Chartered's latest research reveals that Solana (SOL) could see substantial valuation growth if former President Donald Trump wins the election against Vice President Kamala Harris. According to the report, a Trump administration would be more favorable for Solana's rise compared to Ethereum (ETH).
A drop in Ethereum network activity and investors' concerns about the global economy continue to weigh on ETH price.
Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election. What Happened: Kendrick's projections include a potential quadrupling of Ether and a tripling of Bitcoin's value under a Trump administration.
Layer-1 chain Sui (SUI) has been capturing significant attention lately. As of this writing, SUI has surged by 125% over the past 30 days and has skyrocketed 345% from its yearly low of $0.46 on August 5.
The altcoin space has remained calm in the recent past, with most projects signaling imminent bullish breakout after consolidating in the past seven months. The crypto cash rotation will be favoring the altcoins in the near term after Bitcoin's (BTC) price dominated the past year.
As the crypto market remains volatile, the meme coin segment has lost the $50 billion market cap. With a 30-day peak at $53.25 billion, the meme coins have dropped down to $48.47 billion, with $7.38 billion in volume.
Solana's native coin ($SOL) has outpaced the two market leaders by flying colours this last year, despite the fact that its fortune is often closely pegged to the price movements of Bitcoin ($BTC) and Ethereum ($ETH).
FalconX, a crypto prime brokerage, has been holding onto 1.35 million Solana (SOL) tokens, worth $190 million, for years without even realizing it. The tokens have been sitting with them since 2021.
According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.
Developer activity surged by 10.7% for Layer 1 blockchain Solana in October.
FalconX, a prime cryptocurrency broker, failed to track 1.35 million Solana (SOL) tokens, worth around $190 million, since 2021.
The growth has not lasted long, as most of the coins are again in the red zone, according to CoinMarketCap.
Almost a third of all Ethereum is now staked, which signals that traders have strong long-term confidence in the network.
TL;DR Jupiter Exchange has launched its Mobile App, designed to facilitate access to Solana (SOL) for both new and experienced cryptocurrency users. The app allows users to easily purchase Solana using various payment methods, such as Apple Pay, credit cards, and PayPal, eliminating barriers for users.
The bank also predicted that Bitcoin will hit $200,000 by the end of 2025, regardless of who wins the U.S. Presidential election.
What's next for ETH price amid intense selling from ICO-era whale?
Ethereum (ETH) price has recently experienced a 13% decline, with prices dipping towards the end of September. Despite this drop, Ethereum is currently holding strong above its bear market support floor, suggesting that the cryptocurrency may be poised for a recovery.
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Standard Chartered's Geoff Kendrick forecasts Solana's price could increase fivefold by the end of 2025, if Trump wins U.S. presidential race.
Solana (SOL) co-founder Anatoly Yakovenko believes meme tokens have a role to play in advancing the product-market fit of crypto projects. Yakovenko says on the social media platform X that memecoins offer something unique to the crypto industry.
A continuous challenge: Ethereum ETF vs Bitcoin ETF. In this article, we will compare the inflows and recent performances.
Grammy-winning rapper Cardi B appears to have launched a meme coin. And insiders look to have already made $250,000 from it in just 12 hours.
Scroll's airdrop screenshot, or the last eligible date to use the protocol to receive a share of SCR tokens, will occur on Oct. 19.
Concerns regarding Ethereum's decentralization have been raised since 2022 due to Lido Finance's increasing market share in Ethereum staking. Lido is a staking protocol that collects substantial amounts of Ethereum from users.
A top crypto analyst took to X recently to give a bearish forecast for Ripple (XRP), saying the community will not see a bull run. Also, whales have moved approximately $250 million worth of Ethereum (ETH) to centralized exchanges.
Data from Lookonchain, a renowned analytics account on X, the Ethereum Foundation made a massive transfer that shocked the community. The Ethereum Foundation is a primary organization that supports the development of Ethereum.
Perplexity is an artificial intelligence (AI) model gaining the spotlight by its real-time web scanning to access up-to-date data. The AI recently appeared in a list of notable and feared competitors by OpenAI, ChatGPT's developer, as Finbold reported.
According to the latest figures from sosovalue.xyz, the 12 U.S. spot bitcoin exchange-traded funds (ETFs) welcomed an impressive $235.19 million in inflows. Meanwhile, spot ether funds had a completely neutral day, with neither gains nor losses recorded. U.S. Bitcoin ETFs Secure Inflows While Ether Funds Stay Flat On Monday, bitcoin ETFs saw inflows of $235.
The divergence in the performance between Bitcoin and Ethereum ETFs underscores the unique market conditions each faces.
Ethereum's next big move might be dependent on external factors.
TL;DR Eric Balchunas, Bloomberg's top ETF analyst, faced backlash for suggesting the U.S. government could shut down Ethereum by instructing AWS to turn off its cloud services, implying Ethereum is less secure than Bitcoin. The crypto community, including Ethereum educator Anthony Sassano and Consensys product manager Jimmy Ragosa, criticized Balchunas for spreading misinformation and propaganda.
Spot Ethereum ETFs in the US have struggled since their July 2024 launch, recording zero inflows on October 7 and experiencing $550 million in outflows since launch.
Crypto exchange Binance has revealed the next Binance Launchpool project earlier today. In an official announcement, the platform revealed that it will list Scroll (SCR) on Binance Launchpool and premarket.
With massive whale sales, Ethereum is approaching crucial support at $2,300. Will it bounce back to $6,000 or collapse to $1,600?
Solana reached a new milestone, but the token's investors have concerns.
Ethereum has been on a steady upward trend, with growing inflows and strengthening price levels increasing investor confidence. Wallets everywhere are seeing a rush of ETH deposits, and among them, Plus Wallet stands out as a secure wallet packed with top-tier features and valuable rewards.
Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked.
Onchain data provider IntoTheBlock shared that 28.9% of all Ether had now been staked.