With approximately 70% of outstanding SOL staked, Solana restaking represents a $76 billion market opportunity.
World Liberty Financial (WLFI), a DeFi initiative linked to US President-elect Donald Trump, has addressed concerns about recent Ethereum transactions worth $60 million. On Jan. 15, the project clarified that the movements are part of its routine treasury management, dispelling speculations of asset sales.
The analysis by JPMorgan highlights the strong growth potential of exchange-traded products (ETP) linked to XRP and Solana (SOL), digital assets that could attract between 3 and 8 billion dollars of investments.
Bitcoin exchange-traded funds (ETFs) have been under pressure recently, recording their fourth consecutive day of outflows on January 14. The total outflow for the day reached a significant $209.82 million, bringing the total outflows over the past four days to over $1.2 billion.
TL;DR Bitcoin could reach $300,000 and Ethereum surpass $8,000 by the end of the year, according to HashKey Group. The market capitalization of stablecoins could exceed $300 billion due to growing demand for real-world asset-backed digital assets. Approval of new cryptocurrency ETFs, including XRP and SOL, along with increased regulatory focus, could drive market growth.
London, United Kingdom, 15th January 2025, Chainwire
Bitcoin (BTC) and Ethereum (ETH) are the leading cryptocurrencies and the only two that, so far, got the United States Securities and Exchange (SEC) commission blessing to have exchange-traded funds (ETFs) offered in Wall Street.
Solana has gained significant traction since last year, having over 10 million active addresses for 8 weeks and counting. The data provided by X page Crypto Banter insisted that the number of unique active addresses did not directly reflect on the blockchain's user growth.
As Solana beats Ethereum and others in DEX volumes, the market price is gradually catching up with the growing demand. Will this drive SOL price to a new all-time high?
AI agents saw a 322% surge in market capitalization in Q4 2024, hitting $15.5 billion.
AI agents saw a 222% surge in market capitalization in Q4 2024, hitting $15.5 billion.
The PENGU meme coin, currently in a tight race with Bonk (BONK), has crossed a $2 billion market cap, but its ADX and RSI indicators show mixed signals.
Solana price has remained on edge this month, tracking the performance of other Bitcoin and other altcoins. It has pared back some of the losses made on Monday as investors watch the ongoing trends in the DEX industry.
2025 has not started on a strong note for Ethereum (ETH), as the second-largest digital asset by market cap continues to trade below its yearly open. Recent on-chain movements also suggest that crypto whales might be losing confidence in ETH's potential to deliver outsized returns.
World Liberty Financial Moves $61.4M in Ether Amid Treasury Strategy
SOL and BNB showed positive signs hinting at the correction completion. Further confirmation is needed as the prices now reached key resistance levels.
A major sell-off could be approaching for ETH as recent large holder movements suggest a lack of support for a rally.
DeFi giant Lido on Wednesday announced a significant development in association with Deutsche Borse's crypto arm, Crypto Finance AG. It essentially underscores the mission of Lido to expand the access of staked ETH to institutional investors.
In the ever-changing crypto market, seizing investment opportunities and accelerating wealth growth is a steadfast goal for every investor.
World Liberty Financial transferred $61.4M of Ethereum in the last 24 hours. The project clarified on X that the transfer is for treasury management and not token sales.
TL;DR Deribit, a leading Bitcoin and Ether options trading platform, is exploring significant buyout opportunities, signaling the sector's maturation and consolidation. The platform has enlisted Financial Technology Partners to evaluate acquisition offers, with a potential valuation ranging between $4 billion and $5 billion. Deribit reported nearly $1.
Solana experienced an 11% price drop below $170 before recovering to $186, creating a technical framework centered around the $182 support level and $192 resistance, with market participants watching for a potential break above $210 to signal stronger recovery potential.
The crypto market remains mainly green today, according to CoinStats.
Solana has landed in a pretty unique position within the blockchain world, becoming the network of choice for artificial intelligence agents. A recent report from Franklin Templeton shows that around 70% of these virtual assistants depend on Solana's capabilities for their operations.
Banking giant JPMorgan has predicted that Solana and XRP ETFs could attract $14 billion in new investments in their first year if the Securities and Exchange Commission (SEC) gave the green light.
Ethereum dropped below $3,000 for the first time since November before bouncing back to $3,230, with technical analysts drawing parallels to the 2021 bull run pattern.
According to CoinMarketCap, Solana currently ranks sixth among the top largest crypto assets by market capitalization.
Ethereum's price is at a critical point, facing strong resistance at $4,000 and holding support at $2,800.
Solana and XRP ETFs are on track to receive approval in the United States. JPMorgan says these ETFs can attract billions of fresh money.
Trump-backed World Liberty Financial reports $4.8M in unrealized losses while conducting major asset reallocations, including a $59.8M ETH transfer to Coinbase, which the project describes as routine treasury management.
JPMorgan analysts predict XRP and Solana ETFs could attract up to $8 billion and $6 billion respectively in their first year, based on patterns seen with Bitcoin and Ethereum ETFs.
Ethereum is currently holding just below a key resistance level of $3300 and a break above this resistance could mean a shift in market sentiment, hinting that the price may have already found a low. This breakout could set the stage for a move higher, but confirmation is needed to validate the bullish scenario.
The cryptocurrency sector rose by 2.29% to $3.36 trillion as markets recovered, driven by a resurgent Bitcoin (BTC) crossed the $97,000 mark, up over 2% in the past 24 hours. BTC briefly dropped below $90,000 earlier in the week, spooking markets and leading to a considerable decline among cryptocurrencies.
JPMorgan's bullish Solana and XRP ETF projections sparked Futures activity and institutional interest post-report.
Spot Bitcoin exchange-traded funds in the United States recorded their fourth consecutive day of outflows on Jan. 14, while Ethereum ETFs shifted to inflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $209.
The entertainment giant Sony has taken a major step in the blockchain universe with the official launch of Soneium, its Layer 2 platform on Ethereum. After four months of successful testing that attracted over 14 million users and processed 47 million transactions, this initiative marks a turning point in the adoption of blockchain by entertainment giants.
After Monday's drop, Ethereum (ETH) fell below key support levels and hit its lowest price since November. Nonetheless, several market watchers remain bullish, predicting a massive rally for the cryptocurrency this quarter.
After consolidating along the resistance for a week, the XRP price broke the range and rose above the resistance at $2.68. Meanwhile, the bears try hard to restrict the levels below the 2024 highs at $2.9 but after a small consolidation, the token is believed to secure fresh highs.
A Franklin Templeton report states that 70% of AI agents use Solana as their blockchain of choice due to its scalability and low transaction costs.
Solana (SOL) has experienced significant volatility recently, with a large crypto whale dumping over $21 million worth of tokens. Despite this, the altcoin appears to be holding steady and could see a strong recovery if it maintains key support levels.
A wallet believed to belong to Donald Trump's family crypto venture World Liberty Financial has been involved in a series of recent transactions according to onchain data from Arkham Intelligence.
In a recent social media post, market expert VirtualBacon shared seven key predictions that could shape the cryptocurrency landscape in 2025. Central to these predictions is the assertion that Ethereum (ETH) may outshine Bitcoin (BTC) in terms of performance, even as Bitcoin continues to hold a dominant position in the market.
Ethereum price started a minor recovery wave above the $3,120 zone. ETH is rising and facing hurdles near the $3,240 zone.
JPMorgan expects significant inflows for XRP and Solana ETFs in 2025, predicting a combined $14 billion within six to 12 months if approved.
Solana (SOL) finds itself at a crucial juncture following a volatile day of trading. The price plunged over 11%, briefly dipping below the $170 mark before staging an impressive recovery.
The project said it was 'making routine movements of our crypto holdings as part of regular treasury management.'
With its price falling below the crucial 200 EMA, Shiba Inu has had a wild ride lately. Traders were alerted by this move because it implied a possible move into bearish territory.
The current market action of Ethereum has generated significant interest, especially among its large investors. A whale liquidated 10,070 ETH, resulting in an approximate loss of $1 million.