The Solana ecosystem is brewing as the market cap has surged by over 200% since the start of the year. The rise of the memecoin craze in the markets is the primary reason for the extraordinary performance. Apart from Solana, dogwifhat (WIF) & POPCAT are among the top-performing tokens within the ecosystem.

Binance Coin (BNB) may be on the verge of following a similar trend to Solana's (SOL) price despite having a larger market cap than the latter. This forecast is based on the signs displayed by several technical indicators.

The meme coin ecosystem on the Solana network has surged to more than $11.7 billion and a daily average traded volume of about $3.8 billion.

TL;DR Significant Fee Reduction: Vitalik Buterin's proposal aims to cut Ethereum gas fees by up to 80%, making transactions more affordable for users. Efficiency and Speed: The changes focus on improving transaction processing efficiency, potentially increasing Ethereum's transaction speed by up to five times.

Bitcoin is gaining attention again as its market dominance has surged past 57%, a level not seen since April 2021. This dominance shows Bitcoin's growing share in the overall crypto market, often a signal that investors are leaning toward its stability over more volatile altcoins.

With increased price volatility in the cryptocurrency market, top tokens have regained momentum. Moreover, altcoins such as Solana and Ripple have gained significant attention from the crypto space due to their extremely volatile price action over the past few days.

The Solana price surge has grabbed attention amid the bearish cloud hovering over the crypto market this week. What is pushing SOL price up?

The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

The venture capital firm just released its "State of Crypto" report, and Solana stole the show.

Ethereum co-founder Vitalik Buterin has recently shared a plan to improve the gas fee structure that can boost ETH's transactions per second (TPS) by 1.5x amid the rising competition from the Solana blockchain. Buterin said that this would help to improve the transaction efficiency without compromising the network performance.

It will be possible to perform stateless verification that does not require storing the entire blockchain.

Solana price rose to twelve-week highs on Thursday, going against a market-wide struggle to stay on course for a third successive day of gains. The crypto coin traded at $173.36 at the time of writing, with gains of 1.5 percent on the daily chart.

Ethereum price has been dropping for the third day in a row after failing to break past the $2,700 mark.

Blockchain forensic firm PeckShield discovered wallets belonging to Radiant Capital's exploiter transferred $52 million funds into the Ethereum network. In an Oct.

Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.

High gas prices have historically been a problem for Ethereum during times of high demand. These charges, which are a result of network congestion, have been an ongoing issue.

Ethereum co-founder Vitalik Buterin has just announced an Ethereum upgrade which aims to make blockchain verification mainstream.

Solana price could be edging closer to ending its six-month sideways movement and hinting at a massive rally. Adding credence to this outlook is an expert who issued a “final warning” as he expects SOL to soar by double digits in under two weeks.

Ethereum's next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.

On Oct. 23, the ETH/BTC pair reached its lowest level since April 2021, plunging to just 0.0375 BTC. It has now fallen by 55% from its record high.

The Ethereum network continues to grow steadily, reaching new highs in validators and staked Ether this year, but this might not be the best outcome for the ecosystem going forward.

Crypto Price Today: The global cryptocurrency market continues its cautious ascent, with a modest 0.12% increase in the last 24 hours, bringing the market cap to $2.32 trillion. Despite this uptick, the 24-hour volume surged by 17.69%, hitting $83.76 billion. The Fear & Greed Index holds steady at 52, reflecting neutral market sentiment.

The Ethereum fear, uncertainty, and doubt within the crypto community is still high as the asset continues to slide.

The cryptocurrency market is facing sustained selling pressure, leading to a shift in overall sentiment towards a downtrend. However, Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is beating the trend as it gains attention from investors. Despite the bearish environment in the crypto market, SOL prices jumped 5% over the last 24 hours.

The world of cryptocurrency is dynamic and ever-evolving, and one of the most significant developments in recent months has been the meteoric rise of Tether (USDT). As of late October 2024, USDT's market capitalization has surpassed a staggering $120 billion, solidifying its position as the leading stable coin in the crypto market.

Here's why BitBoy believe XRP could flip ETH by 2025 and front a 30X price rally to $15.6.

Ethereum Layer-1 competitor Solana (SOL) is making waves with a rapid surge of daily revenue on the platform. As a result, the SOL price has shot up 5.62% as of press time moving all the way to $174 and a market cap of $82 billion.

Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and faces many hurdles near the $2,550 level.

After years of refinement, Ethereum, the world's largest smart contracts platform, is scaling. However, it does not scale in the way most decentralization purists desire.

Ethereum's price could be poised for a historic rally, according to cryptocurrency analysts who, using technical analysis, pointed to a rise to as much as $10,000 per ETH, up from the cryptocurrency's current $2,570 price tag.

Solana is on track to becoming the second-largest network by DeFi TVL

Vitalik Buterin has unveiled the latest roadmap phase, “The Verge,” which proposes a groundbreaking shift in blockchain technology to make transaction verification possible on devices as small as smartwatches — something previously unimaginable. In a detailed blog post on Oct.

Leverage in the market appears to be rising to unsustainable levels.

The ongoing selling pressure across the cryptocurrency market has shifted the overall sentiment toward a downtrend. In this, Solana (SOL), the world's fifth biggest cryptocurrency by market cap is gaining notable attention from crypto enthusiasts as it holds itself positive in terms of price changes in the past 24 hours.

According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround.

After the Dencun upgrade lowered Ethereum fees, a recent surge in Blob fees was triggered by a major L2 token airdrop.

Ethereum price followed the broader crypto market sell-off, but its longer term price weakness is driven by network-specific factors.

Cryptocurrency markets are down on Wednesday, pushing crypto long liquidations to the highest since Oct. 15. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,169.96 -2% Ethereum (CRYPTO: ETH) $2,503.20 -4.8% Solana (CRYPTO: SOL) $170.11 +0.99% Dogecoin (CRYPTO: DOGE) $0.1364 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001738 -4.9% Notable Statistics: IntoTheBlock data shows large transaction volume inching higher by 0.7% and daily active addresses falling by 12.5%.

Ripple CEO Brad Garlinghouse believes that an XRP exchange-traded fund will get approved by the SEC following recent filings.

Ethereum has had a turbulent start to the week, and data suggests that further declines may be on the way. As Bitcoin loses momentum and drops below immediate support levels in recent hours, selling pressure on Ethereum is increasing.

Pump.fun's new tokenized video feature was almost immediately misused to share child sexual abuse material, which has been removed.

Three fundamental metrics appear to be driving Ethereum lower today.

Elmnts launched a platform on Solana for tokenized mineral rights investments, giving exposure to real-world assets.

Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.

Ethereum (ETH) held in accumulation wallets has surged to over 19 million as of October 18, 2024. This marks an impressive 65% increase since the year began, underscoring a growing wave of interest from both individual and institutional investors.

Several positive developments have been cited lately around the Ethereum blockchain network, one of which is the recent significant drop in the network's transaction fees after a period of extremely high costs, which has historically been a major challenge for users.

Bitcoin's correction ignited selling in altcoins, which are slipping below critical support levels.