Real Vision analyst Jamie Coutts says that Solana (SOL) is likely preparing for its next leg up to higher prices.
Solana (SOL) closed the previous week on a bullish note and has continued its upward trend into the new week, with market data highlighting an increase in positive sentiments.
Solana meme coin factory Pump.fun launched a new trading bot—and revealed that it will launch a token with a likely airdrop attached.
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VanEck has launched staking for its Solana exchange-traded note (ETN) VSOL in the European market. Matthew Sigel, head of digital asset research at VanEck, confirmed the rollout on Oct. 21.
As VanEck's Solana ETN begins offering investors passive income in the EU, the asset manager awaits input on an application in the U.S.
VanEck just activated staking for its Solana exchange-traded note (ETN) in Europe, and it's now managing $73 million in assets. Staking lets investors earn rewards without extra effort.
Solana whales now control 57% of the supply, as Open Interest spikes by 40% to
VanEck introduces automated Solana staking in its ETN for European investors, offering daily rewards and enhanced security. The post VanEck introduces Solana ETN staking to European investors appeared first on Crypto Briefing.
Robinhood Crypto has added support for Solana crypto transfers for users in the European Union, according to an announcement. The platform announced on Oct.
TL;DR VanEck has launched a Solana ETN in Europe, now including the automatic staking feature. The managed assets reach $73 million, and the rewards will be automatically added to the value of the SOL token. The non-custodial approach ensures that the tokens remain under the control of the custodian, reducing counterparty risks.
Asset manager VanEck has announced that its Solana exchange-traded note available to investors in Europe now includes staking.
VanEck, one of the leading asset management companies, has recently announced a significant innovation for its Solana Exchange Traded Notes (ETN) offered in Europe. Investors who purchase the VanEck Solana ETN can now benefit from staking, a feature that opens up new earning possibilities within the growing cryptocurrency ecosystem.
In a bid to address the needs of its growing customer base, commission-free brokerage Robinhood has initiated transfers for Solana (SOL). This move is significant for both Robinhood and Solana, as the flexibility in handling SOL can bring value to both ecosystems.
VanEck Solana ETN in Europe now supports automatic staking, with rewards integrated into the token equity.
Solana's price has displayed huge strength since the start, but the past weekend cleared the strong barrier preventing it from reaching $180. The token quickly surged above the crucial resistance zone between $159 and $161 at times when the volume remained restricted within a range.
Solana has faced challenges recently, experiencing a decline of about 45% from its all-time high. Despite this setback, recent technical developments indicate that SOL might be preparing for a rebound.
Hedera joined Solana as a top performer, rising 5.6% over the weekend.
Is the rapid ascent of GNON and other memecoins tarnishing Solana's reputation?
The stock of Sol Strategies (CSE: HODL) has posted a 270% monthly gain today, following the Canada-based Solana validator's rebranding from its original name of Cypherpunk Holdings.
Solana meme coins like Popcat and Cat in a dogs world continued their uptrend as their total market cap jumped to $11.38 billion. Solana DEX volume soars Popcat (POPCAT) was trading at $1.3220 on Monday, Oct.
Bitcoin (BTC) registered its best week in over a month, with its price up almost 8% as the world's largest cryptocurrency edges towards the $70,000 mark. BTC is currently trading just under $69,000 and has been up almost 1% in the past 24 hours.
Solana (SOL), a popular alternative cryptocurrency and arguably one of the most hyped digital assets of the year alongside Bitcoin, saw a big spike in fund flows into ETPs based on the altcoin last week.
Bullish sentiment is prevailing across the cryptocurrency market. While Bitcoin (BTC) has been at the forefront of this rally, altcoins like Solana (SOL) have also started to make big moves.
The Solana blockchain has threatened to dethrone the Ethereum network as the largest DeFi ecosystem backed by vibrant meme coin projects.
Thanks to the recent positive movements of these coins, a well-known crypto millionaire anticipates Ethereum (ETH) and Solana (SOL) will reach new heights during the fourth quarter of 2024. More importantly, the less than a dollar new altcoin Rexas Finance (RXS) is predicted to yield in 2025—5000%.
With the crypto market preparing to become bullish, people are starting to bet on who will perform better among Bitcoin, Ethereum, and Solana.
SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.
SOL's price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.
Solana (SOL) has been on a tear, recording a 12% price surge in the past week. The altcoin currently trades at $170.16, just below the crucial $171 resistance level.
Solana's price has surged past $170, driven by derivative traders and overall market optimism. Analysts predict potential highs of $190-$250 by the end of October
SOL, LINK, ADA, UNI, and ETH have gained the most from the larger-cap alts.
Solana's price has seen an impressive rise in recent weeks, gaining over 15% in the past month. Could SOL price reach the $180 level by the end of October 2024?
The Bitcoin price has held its value above the $69,000 level. Following this, Ethereum and Solana tokens have once again gained traction. With this, the conquest of these ecosystems gaining dominance has once again intensified.
Solana price has seen a significant surge recently, surpassing $170 for the first time since early August, sparking widespread bullish sentiment among investors. As the month of “Uptober” approaches its end, traders are speculating how high SOL can rise in the coming days.
Current price action and on-chain metrics suggest SOL is poised for a significant upside rally.
The cryptocurrency market has seen substantial upward momentum, with a 1.79% gain in overall market cap to $2.38 trillion. In addition, 24-hour trading volumes have risen by 65.13%, indicating higher trader activity. The Fear & Greed Index is at 63, showing an increasing sense of market greed as Bitcoin's dominance grows to 57.2%.
After consolidating above the crucial support level of around $120 since April, Solana (SOL), a tier-one blockchain network, has signaled an imminent rally to a new all-time high (ATH) in the near term. The large-cap altcoin, with a fully diluted valuation of about $99 billion and a daily average traded volume of around $3.
In a bold statement that has caught the attention of the crypto community, a top trader has revealed that he is prepared to swap his Solana holdings for Avalanche if a key signal appears on the AVAX chart. With both Solana (SOL) and Avalanche (AVAX) being two of the most popular layer-1 blockchain platforms, this
Solana (SOL) rises over 16.50% in October, outperforming Bitcoin and Ethereum, fueled by bullish catalysts like Grayscale's ETF conversion and a booming developer ecosystem. However, a correction may follow its overbought RSI.
The broader cryptocurrency market has displayed a strong show over the weekend with the Bitcoin (BTC) price rallying close to $70,000 and altcoins taking the charge in a fresh surge. With 3.72% gains in the last 24 hours, Ethereum (ETH) leads the alt space shooting all the way to $2,750 levels.
The cryptocurrency market is buzzing with excitement as Solana (SOL) has recently confirmed a breakout, trading above the significant psychological level of $150. With Bitcoin making waves by retesting the $69,000 mark during early Asian trading hours, Solana has been riding this bullish wave, capturing the interest of investors.
With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.
Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?
Here's why the memecoin craze could add onto Solana's value.
As investors grow weary of volatile price swings in established cryptocurrencies like Cardano (ADA) and Solana (SOL), Lunex Network is rapidly gaining traction as a promising alternative.
The rates of most of the coins keep rising, according to CoinStats.