Solana continues to dominate new token activity, with 89% of new tokens choosing to launch on the network.

Solana (SOL), the fourth-largest cryptocurrency by market capitalization, is showing strong signs of bullish momentum, following a retest of a crucial breakout level. After a recent price dip, SOL appears to be gearing up for a potential 25% rally, with traders eyeing the $260 level in the coming days.

Solana price has seen a significant boost since Donald Trump's recent victory in the U.S. presidential election. Over the past month, the price of SOL has soared by more than 40%, reflecting a broader bullish trend in the cryptocurrency market.

The bullish outlook of the crypto market along with recent meme coin listings has seen the Solana ecosystem register staggering trading volumes. Meme Coins Fuelling Solana's Growth Solana (SOL) recently flipped BNB to become the fourth-largest cryptocurrency by market cap.

Solana has risen by 1% today, yet its recent explosion in trading volume suggests that it has decisively entered a new bullish phase. The post SOL Price Set for Parabolic Rise as Daily Volume Surpasses $13 Billion – Can Solana Overtake Ethereum? appeared first on Cryptonews.

PayPal's stablecoin, PayPal USD (PYUSD), has now integrated with LayerZero, a cross-blockchain bridging protocol, allowing seamless transfers between Ethereum and Solana.

Missed the opportunity when Solana (SOL) was just $0.50? Don't worry—there's a new altcoin rising with the potential to outshine even SOL.

Surging activity in onchain and derivatives metrics suggests that Solana's bullish momentum is set to continue.

DecideAI has announced the integration of its biometric identity verification solution, DecideID, into the Solana blockchain, aiming to enhance security and trust within the ecosystem. This move introduces Proof-of-Personhood (PoP) capabilities to Solana, ensuring that users are verified as unique individuals without the need for traditional Know-Your-Customer procedures.

Solana (SOL) experienced a remarkable surge, surpassing the $200 mark for the first time in years and peaking at an impressive $225.21. This sharp rise in price was propelled by a broader bullish trend across the cryptocurrency market, along with increasing demand for Solana's Layer 1 (L1) blockchain network.

Top–performing layer 1 crypto networks Solana ($SOL) and Sui ($SUI) are potentially ready to move higher, despite a period of increased volatility.

TL;DR Solana's DEX ecosystem achieved over $5 billion in daily trading volume for three consecutive days, highlighting its growing prominence in the DeFi space. Raydium and Orca were significant drivers, with Raydium accounting for 62% and Orca 22% of the total trading volume.

Story Highlights Popcat (SOL) price achieves a new ATH today! Floki memecoin is less than 30% away from achieving a new all-time high. Technical sentiments record extreme greed. With a surge of 31.07% in its 24-hour trading volume to $75.3 billion, the memecoin category has added 16.47% to its valuation during this period.

The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital's recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth of Ethereum.

Robinhood lists XRP, SOL, ADA, and PEPE, expanding crypto offerings to U.S. customers amid a shifting regulatory landscape.

Solana eyes a new record high by November's end, driven by a descending triangle breakout, pro-crypto policies, and a bullish setup against Bitcoin.

Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.

With 2024 coming to a close, CoinGecko has released its roundup of the most popular blockchain ecosystems of 2024.

Solana has broken above $200 with increasing volume and TVL reaching $7.59 billion, supported by growing ecosystem activity and strong technical indicators, though questions remain about the sustainability of memecoin-driven growth.

Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021

With these additions, Robinhood now offers 19 different cryptocurrencies for trading. The decision from Robinhood to add these new coins comes after listening to feedback from its customers, who have been asking for more choices.

The data showed that aggregated Solana DEX's trading volume gained over 123% in the past seven days to reach over $30.49B.

For the first time since November 2021, Solana's (SOL) price has retested the $220 level. This has fueled more speculation that the altcoin may be poised for new all-time highs.

Key Points:

Solana (SOL), the fourth-largest cryptocurrency has gained notable attention from the cryptocurrency community as it breaks out of bullish price action patterns. Following the breakout, SOL is currently consolidating near the support level of $204, indicating potential accumulation before a major rally begins.

Solana's recent price decline appears to be a retest of the breakout level, which is a bullish signal.

The makers of Solana NFT marketplace Tensor are teasing a new SocialFi app called Vector.fun, which could be poised to take on Pump.fun.

Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.

Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.

Payment financing (PayFi) network Huma Finance launched its protocol on Solana. The expansion to this blockchain network expands Huma's ability to provide instant liquidity solutions for global businesses and meet the demand for affordable, accessible and secure on-chain payment financing, Huma said in a Wednesday (Nov. 13) press release.

The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.

Solana price has been in a bullish rally over the last week, fueled by a recent surge in the crypto market, with Bitcoin price reaching new all-time highs above $93,000. Despite a slight pullback today, analysts suggest that Solana's price momentum could continue upward, potentially reaching $300.

The Arkham Exchange is finally live with an initial trading of Bitcoin (BTC), Ethereum (ETH) and some top altcoins. After weeks of preparation, the trading platform which many believe might challenge Coinbase Exchange is finally launched.

Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.

Solana has become a preferred option for many venture capitalists and hedge funds, with belief that its price could reach new ATH during this bull market cycle. As Bitcoin aims for new all-time highs above $90K, potentially reaching $100K by year-end, there is significant buying interest in the altcoin market.

Solana (CRYPTO: SOL) is gaining traction as a strong contender for the next major altcoin rally, with one crypto trader marking a critical level to watch. What Happened: Crypto analyst DonAlt shared mixed views on Solana's recent breakout, describing it on X as "not the strongest" but noting that a breakout is still a positive sign.

The PayPal USD (PYUSD) stablecoin now uses LayerZero's Omnichain Fungible Token (OFT) Standard to enable transfers between the blockchain networks Ethereum and Solana. This integration enables fast, secure and cost-effective transactions for both users and businesses, the companies said in a Tuesday (Nov. 12) press release.

Robinhood, the prominent crypto trading platform has relisted Solana (SOL), Cardano (ADA), and Ripple (XRP) on its platform. It also added PEPE to its offerings. Coins Rally Post Listing News This move follows significant customer dissatisfaction after the removal of SOL when the SEC classified it as a security.

U.S. DOJ wants to seize $16 million in crypto from an FTX account, allegedly related to bribes.

Bitcoin is showing no signs of stopping its advance toward $100,000, and several altcoins look poised to follow.

Donald Trump has emerged in a historic comeback after winning the 2024 U.S. presidential contest, which has rocked financial markets and given fresh life to the cryptocurrency area. Major swing states pointing in Trump's favor, his triumph is seen by investors as a sign of market optimism and stability.

Two Solana memecoins, ACT I: The AI Prophecy (ACT) and Peanut the Squirrel (PNUT), recently listed on Binance for spot trading, witnessing monumental gains. Amid the Solana memecoin surge, Dogecoin (DOGE) continues to rocket following a series of bullish events.

Robinhood Crypto has expanded its U.S. platform with the addition of Solana, Pepe, Cardano, and XRP.

PayPal USD (PYUSD) will now facilitate cross-chain transfers between Ethereum and Solana through Wormhole, enhancing stablecoin transactions and interoperability.

Recently, Robinhood announced that it will list PEPE, Solana (SOL), Cardano (ADA), and XRP, a strategic move that could have a significant impact on the market and the spread of cryptocurrencies.

Robinhood pared back its crypto listings amid an industry-wide crackdown last year, but it's brought a couple back—along with newcomers.

Solana could soar to $600, say analysts, amid growing institutional confidence and potential regulatory tailwinds. Learn why SOL is favored over Bitcoin and Ethereum. The post Solana Outperforms Bitcoin and Ethereum – Market Analysts Predict $600 Milestone in This Bull Run appeared first on Cryptonews.