The market remains mainly red, however, there are some exceptions to the rule, according to CoinStats.

Solana-based meme coins, including Pudgy Penguins (PENGU), Fartcoin, and Gigachad, have experienced massive growth in 2024, with gains ranging from 600% to 1800%.

Ever since the crypto industry gained momentum, Bitcoin ($BTC) and Ethereum ($ETH) are the two names that have been dominating the market. No one ever managed to come close.

Investors have poured nearly $800M on Solana ($SOL) since September 2023. Can this token rise to $500 once alt-coin season starts? The post Solana's Capital Inflows Soar – Could SOL Be the Next $500 Coin? appeared first on Cryptonews.

Solana (SOL) has generated a lot of buzz due to its efficiency alongside effective development for quite some time now. Meanwhile, Cardano (ADA) and Sui (SUI) also have solid records of achievements. However, a new player in the market, Rexas Finance (RXS), is making its mark as a disruptor in the blockchain industry.

Solana price action is at a critical juncture, with the cryptocurrency testing market's patience, it hovers just below the pivotal $194 resistance level. This threshold has emerged as a significant hurdle as bulls struggle to sustain enough momentum to power a breakout despite recent attempts to push higher.

Solana dips 3%, trading at $190.75 with a $3.5 billion volume. Explore its market highlights, DEX dominance, and Bitget Wallet's latest features. The post Solana Price Dips 3% With $3.5 Billion Volume – Is $300 Still Within Reach? appeared first on Cryptonews.

As the crypto bull market moves into its final stage, altcoins have still not entered a typical, explosive altseason. Bitcoin ($BTC) continues to outperform.

Cryptocurrencies had quite a year in 2024. Bitcoin (BTC 0.92%), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well.

Solana Labs co-founder Stephen Akridge is facing a lawsuit accusing him of withholding “millions of dollars” in staking rewards from his ex-wife after their divorce agreement.

Bitcoin (BTC) fell further on Boxing Day, plummeting from $98,000 to a low of $95,214, failing to reclaim $100,000 over the holiday period. The cryptocurrency is down just over 2% over the past 24 hours, trading around the $96,100 mark with sellers firmly in control.

The Sui Network (SUI) is gearing up for a significant event on January 1, 2025, with nearly $300 million worth of its native token set to be unlocked. This is part of Sui's monthly process, which increases the circulating supply and impacts investor holdings. Despite a recent 5.

Meme coins are already the biggest talking point in the crypto space owing to their absurdity and explosive rallies. However, they are not the biggest category of tokens yet.

Explosive growth for Solana validators: the key role of MEV.

Here's how growing Eliza's adoption and AI16Z tokenomics revamp could challenge VIRTUAL.

The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token's rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days.

A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.

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.

More than 93% of Solana's validators use Jito's software for MEV, according to Jito Labs.

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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 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.

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.

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.

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.

BonkDAO's “BURNmas” event plans to burn 1.69 trillion BONK tokens worth $54 million, reducing the total supply by 1.8%.

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.

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.

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.

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.