Solana (SOL) has recently exhibited price action that mirrors Bitcoin's early 2024 behavior, raising expectations of a potential rally in the coming months. Bitcoin's price surged from $47,080 to $74,000 in early 2024, largely driven by significant buy-ins at key support levels around $45,000.

With recent price developments, Solana could be set for a major rally in the coming days or weeks. Due to the general market's resurgence, several bullish forecasts from seasoned crypto analysts suggest that the altcoin might be entering the next phase of its bull cycle.

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Bonk DAO voted in favor of another decrease in the token's supply. The community gathered 1.69T tokens, which were burnt from the DAO's multi-sig wallet.

Solana (SOL) price continues to attract significant user activity and transaction volume on applications like Raydium, Pumpfun, and Jito. Despite this, SOL has fallen 17% over the past 30 days, losing its $100 billion market cap and currently sitting at $90.6 billion.

The Bonk Decentralized Autonomous Organization (DAO) has carried out the much-anticipated token burn, burning over a trillion BONK tokens. This provides a bullish outlook for the top Solana meme coin, although its price has yet to react to this development.

The co-founder of Animoca Brands, a leading firm in the blockchain gaming space, had their X social media account hacked and used to promote a fake Solana (SOL) token.

Despite the token burn, BONK struggles with resistance and bearish market sentiment, limiting potential gains.

Ethereum, Solana, and XRP exhibit crucial technical setups across weekly and 4-hour charts, highlighting key levels, bearish risks, and bullish targets heading into 2025.

Bitcoin (BTC) didn't bring much holiday cheer to investors as it remained under $100,000. BTC has been marginally down over the last 24 hours and is trading at around $98,100.

The Solana price has witnessed a significant correction since it reached its current all-time high (ATH) of $263 in November. This price correction is expected to continue in the short term as a crypto analyst has provided a target that Solana could drop before the year ends.

In late November, the developing team behind the popular Solana-based meme coin coin BONK proposed to burn 1 trillion tokens that the community would contribute during an event named BURNmas. On Wednesday, they announced that they have surpassed that target and will now be burning a total of 1.

Pudgy Penguins (PENGU) price has surged 12% in the last 24 hours, surpassing BONK to become the largest meme coin in the Solana ecosystem with a market cap of approximately $2.5 billion.

The Solana-based meme coin BONK is preparing for a burn of 1.69 trillion tokens, valued at approximately $55 million. This is following its successful BURNmas campaign.

Over the past two years, solana (SOL) has experienced extraordinary growth, with a reported price appreciation of 2,143%, according to a comprehensive study by Glassnode researchers Ukuria OC and Cryptovizart. From Rock Bottom to Billion-Dollar Liquidity The Glassnode report examines the asset's recovery, its competitive performance against major cryptocurrencies, and the factors driving its momentum.

Once praised as a game-changer in the blockchain field, Solana (SOL) has since come under significant downward pressure due to market changes. Its price has decreased below $200, which aligns with a pessimistic trend. The crypto market is wondering whether it may recover its previous splendor.

Virtuals Protocol (VIRTUAL) is gaining representation on Base, with a growing number of AI agent tokens flowing into DEX.

The crypto community has united in support of four-year-old Mira Chen, who is suffering from a rare brain tumor. The post Crypto Community Rallies for 4-Year-Old Mira, Pushing Solana Meme Coin to $80M in Hours appeared first on Cryptonews.

The broader Solana meme coin market surged to $18.2 billion, representing a 10.3% increase over the last day, driven by PENGU's performance.

The rapid rise of MIRA token highlights the crypto community's potential for impactful social support, raising ethical considerations in token trading. The post Solana meme coin MIRA soars to $80M market cap in 5 hours as community rallies around brave little girl appeared first on Crypto Briefing.

Is Solana on the verge of a breakout or a breakdown? While bearish signals dominate the short-term charts, 2024 has been a year of explosive growth for Solana. Will a lead over Ethereum in social mentions drive a bullish 2025 for Solana?

Finding the right trading strategy isn't easy for everyone, especially when you're trading volatile cryptocurrencies like Bitcoin and Solana. Because if you make one wrong move, it's enough to wipe out your entire balance unless you have years of experience in the market.

The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined.

A $54.52 million worth of token burn is the goal of this Solana meme community-driven project to increase BONK's demand in the crypto market.

Solana (SOL) has captured attention with its remarkable price recovery, standing out as one of the most resilient assets in the cryptocurrency market. After weathering a challenging period in 2022, the blockchain platform has regained momentum, supported by bullish market activity and consistent capital inflows.

Solana may be aping Bitcoin's price action as short-term risk bottoms ahead of a rally.

Solana (SOL) has recorded massive inflows, turning the tide after days in the doldrums. The community dubbed ETH killer picked up gains in price and on-chain activity alongside other altcoins.

WhiteBIT, a leading European cryptocurrency exchange has significantly expanded its collateral offerings by adding 60 new cryptocurrencies. This raised the total number of collateral assets supported to over 80 and added more versatility to the trading platform.

The X account of Animoca Brands executive chairman Yat Siu has been compromised while promoting a fake Solana token launch. As a result, the hackers are promoting suspicious tokens and contracts under the guise of “Animoca Brands issuing new coins”.

Solana bounces back with a 3.53% surge, hitting $196 as bullish signals align.

Optimism toward a meme coin has increased as a result of Shiba Inu's recent recovery above the 100 EMA at $0.0000230. But this rebound is still not enough to verify a legitimate trend reversal.

The Solana (SOL) price is trying to continue its modest comeback on Christmas Day 2024, and was last probing for a push back above the $200 level. The post Solana Price Set to Explode Once It Breaks Above This Key Level appeared first on Cryptonews.

Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.

Solana, dubbed the Ethereum killer, appears stuck below $200, with trading volume dropping nearly 19 percent. This critical moment has market observers questioning if the once-bullish crypto can regain momentum before further declines.

Will Fartcoin maintain its dominant AI mindshare amid increase in whale interest?

Real-world asset (RWA) tokenization could become a multi-trillion-dollar industry by 2030, according to Boston Consulting Group.

Solana price has been on the investors' radar lately amid a flurry of developments in the market. However, the crypto has recorded gloomy trading recently, as evidenced by its seven-day and one-month performances.

The native token of the Sui blockchain experienced a significant surge ahead of Christmas Eve despite the overall weakness that the crypto market has displayed as investors believe that this network could easily compete and beat Solana at its own game. On December 23, the $SUI token experienced a 9% increase that pushed to $4.

Solana (SOL), also dubbed the "Ethereum killer," appears to be nearing its limit in the ongoing bullish cycle. Within the past seven days, the sixth asset by market capitalization, worth about $95.25 billion, has struggled to stay above the $200 support level.

Q4 2024 marked the start of a new crypto bull market cycle, with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025.

Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market.

Bitcoin recently surged close to $100K, undergoing over 6% rise ahead of Christmas. This move circulated bullish waves across the markets as most of the altcoins surged back within a bullish pattern.

The cryptocurrency market is buzzing with activity as Solana (SOL) teases a potential breakout, and memecoins like Dogwifhat (WIF) aim for recovery. Amidst this excitement, a new player, DTX Exchange (DTX), is set to redefine trading by offering a unified platform for managing diverse assets. Let's explore these developing trends from a closer lens.

The scheme used fake copyright infringement notices to trick users into visiting phishing websites and resetting their 2FA or passwords.

On Dec. 4, Bitcoin (BTC 4.63%) crossed the $100,000 price level for the first time. That highlighted a post-election rally that saw Bitcoin soar by more than 40% within a remarkably short period of time.

As it turns out, Solana (SOL), probably the third most popular blockchain right now and definitely the second most popular alternative cryptocurrency on the market, just hit a new all-time high in daily transactions.

2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest.