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news-imageJanuary 7, 2025

Solana Outpaces Ethereum and Base in Daily DEX Trading Volume

Solana has surpassed Ethereum and Base in daily decentralized exchange trading volume, highlighting its growing prominence in decentralized finance.
Publisher: Coinpaper
Sentiment: Positive
ETH
SOL

More News Articles

Positive
cover-imageCoinPedia
January 8, 2025

Bhutan's City To Add Bitcoin, Ethereum & Binance To Strategic Reserves

Bhutan's newly established Gelephu Mindfulness City (GMC) has announced its plan to include digital assets such as Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as part of its strategic reserves. This initiative positions GMC as one of the first Special Administrative Regions (SARs) to officially integrate digital currencies into its economic framework.

Negative
cover-imageCoinPedia
January 8, 2025

Ethereum Price Prediction Today: Bears Target $2400 After 9% Dip

Ethereum's price is currently moving within a key price channel, maintaining a bullish trend as it holds above an important support zone. However, at the time of writing, Ethereum has declined by more than 9% and is now trading below $3,350. Ethereum's 1-month high is at $4,098.29, while the 1-month low is $3,103.

Positive
cover-imageThe Currency Analytics
January 8, 2025

Ethereum Eyes $4,000 Breakout with Bullish Setup

Ethereum (ETH) is making waves in the crypto market, with its price recently breaking through the $3,670 resistance point and now eyeing the $4,000 level. This move has rekindled excitement among traders and analysts, fueling speculation that Ethereum could soon achieve new all-time highs (ATHs).

Neutral
cover-imageNewsBTC
January 8, 2025

Ethereum Will Drop Before The Next Leg Up – Analyst Sets Target

Ethereum is trading below last year's highs as investors eagerly await a breakout to confirm the start of the anticipated Altseason. While ETH's price action has been subdued, traders remain optimistic about its potential to perform exceptionally well in 2025, given its historical cycles and the market's overall bullish sentiment.

Positive
cover-imageCoingape
January 8, 2025

Canadian Firm Sol Strategies Announces Strategic Investment In Solana

Toronto-based Sol Strategies Inc. has announced a CAD $25 million investment in the Solana ecosystem to bolster its position as a leading player in blockchain staking operations and acquisitions. Sol Strategies Strategic Investment In Solana Sol Strategies, a Canadian publicly traded company, has promised CAD $25 million to the Solana ecosystem through an unsecured revolving

Positive
cover-imageCryptopolitan
January 7, 2025

Financial giant SBI Group to back Solana NFT campaign in Japan

Massive Japanese financial and biotech conglomerate SBI Group has signed an agreement with Solana Superteam Japan, a community promoting the growth of the trending blockchain in the country, to give out an exclusive NFT (non-fungible token) to SBI Web3 Wallet customers. Solana-based NFTs are currently dipping as of 7:00 a.m.

Negative
cover-imageCryptonews
January 7, 2025

Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent?

The Ethereum (ETH) price took a beating on Tuesday, dropping 8% on the day to below $3,400 as risk appetite took a broad beating following strong US economic data that triggered fears of a US inflation rebound that could result in slower/less interest rate cuts from the US Federal Reserve. The post Ethereum Price Crashes 8% – Collapse Back Below $3,000 Imminent? appeared first on Cryptonews.

Neutral
cover-imageThe Currency Analytics
January 7, 2025

Ethereum Price Prediction for January 7, 2025: Key Levels to Watch

Ethereum's price has been on the rise since hitting a low on December 20, but the rally thus far appears to be more of a corrective move than an impulsive uptrend. The market hasn't yet displayed enough momentum to confirm a strong upward trend, but this could change as the price action evolves.

Positive
cover-imageCryptonews
January 7, 2025

Sol Strategies Secures CAD $25M Credit Facility for Solana Investments

Sol Strategies, a Canadian holding company focused on the Solana blockchain, has drawn $4 million from its amended CAD $25 million unsecured revolving credit facility. The funds will be used for large-scale Solana token acquisitions, supporting DeFi protocols, validator operations, and new projects within the Solana ecosystem. The post Sol Strategies Secures CAD $25M Credit Facility for Solana Investments appeared first on Cryptonews.

Negative
cover-imageBenzinga
January 7, 2025

Bitcoin Dumps To $97,000 Ethereum, XRP, Dogecoin Follow Down: Analyst Says This Level Has To Hold To Avoid 'Dip To $92,000'

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Negative
cover-imageBenzinga
January 7, 2025

Bitcoin Dumps To $97,000, Ethereum, XRP, Dogecoin Follow It Down: Analyst Says This Level Has To Hold To Avoid 'Dip To $92,000'

Cryptocurrency markets are sliding on Tuesday as producer price pressures weigh on the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,073.3 -4.7% Ethereum (CRYPTO: ETH) $3,431.99 -6.9% Solana (CRYPTO: SOL) $205.16 -6.4% XRP (CRYPTO: XRP) $2.30 -5.5% Dogecoin (CRYPTO: DOGE) $0.3562 -8.7% Shiba Inu (CRYPTO: SHIB) $0.00002217 -8.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 68.6% and daily active addresses falling by 0.01%.

Negative
cover-imageInvezz
January 7, 2025

Crypto market takes a hit as Bitcoin and Ethereum fall; US job data signals strong labor market

In a surprising turn of events, the cryptocurrency market has experienced a sharp decline, with Bitcoin (BTC) and Ethereum (ETH) both seeing significant losses. This downturn coincided with the release of the US Job Openings and Labor Turnover Survey (JOLTS) data, which indicated a surge in job openings, signaling a robust labor market.

Positive
cover-imageThe Currency Analytics
January 7, 2025

Solana Poised for 15% Surge: Key Resistance Levels Ahead

Solana (SOL) is currently at a pivotal moment, where breaking key resistance levels could potentially set the stage for a major upward move. While Bitcoin remains below $100K, Solana is showing signs of strength, and investors are wondering whether this momentum could carry the price up by as much as 15% this month.

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