Solana (SOL) has achieved a new year-high of $220, marking a major 35% surge over the past week. This sharp price increase has propelled the cryptocurrency to levels not seen in nearly three years.
Expanding beyond its original Stellar deployment will help the project jump further into the burgeoning DePIN space.
DeFi Technologies, a company bridging traditional finance with cryptocurrency by providing exposure to digital assets, has announced a new platform aimed at adding Solana to its balance sheet. In an announcement on Nov.
According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.
SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said.
The cryptocurrency market has entered a long-anticipated bull run, or in other words, prices are rising across the market. Bitcoin rewrote history again, crossing $89,000, and many other assets like Solana have leapfrogged major competitors.
Solana has popularly become the go-to choice for several venture capitalists and hedge funds, with most believing it's price could reach $600 in this bull market cycle. In a recent Crypto Investment Manager Survey by MV Global, 76 venture allocators were asked, and almost a third of those who participated believed SOL could reach that mark.
An OG Ethereum (ETH) trader is shaking the crypto world with a bold bet. The trader is converting some Ethereum and Solana (SOL) holdings into PropiChain (PCHAIN). The legendary trader predicts that PropiChain will surge 20,000% by January 2025. This means a $1,000 PCHAIN investment will be valued at $200,000.
The startup's token centers around the bitcoin basis trade, which exploits price differentials between spot and futures markets.
Bluntz, the insightful analyst renowned for his accurate forecast of the 2018 Bitcoin bear market bottom, is once again capturing attention with his latest bullish outlook. Bluntz has shared his optimistic targets for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in the current bull market.
Solana (SOL), popularly called the "Ethereum killer," is experiencing market volatility amid the ongoing bullish run for most assets. The volatility has forced it to shed some gains, a shocking trend considering its latest momentum.
The COIN50 index could enhance market transparency and attract institutional investors, potentially stabilizing the volatile crypto landscape. The post Coinbase launches COIN50 index tracking major assets BTC, ETH, SOL, XRP, and DOGE appeared first on Crypto Briefing.
The majority of memecoins listed on Binance in 2024 are hosted on Solana.
A group of polled venture capital firms and hedge funds expected Bitcoin (CRYPTO: BTC) to peak between $100,000 and $150,000 this bull cycle, down from the astronomical forecasts set by other market researchers. What happened: According to the "Q4 2024 Crypto Investment Manager Survey" by venture capital firm MV Global, nearly 45% of the respondents projected the top cryptocurrency to stay within the aforementioned range.
The Solana price has experienced a dramatic surge in recent weeks, reaching a new yearly high and drawing significant attention from investors. However, this bullish momentum was short-lived as the cryptocurrency saw a sharp drop to around $208.
Almost all the top cryptocurrencies have shown growth in the last seven days. Some cryptos have even outperformed Bitcoin. Solana has recorded a gain of 34.7% – far above BTC's 7-day rise of 28.1%. The price of Solana now stands at $217.71.
The crypto market has evolved beyond macroeconomics — it now has ties to politics. If you have doubts, look at the prices of assets like Solana (SOL) since Donald Trump emerged as the winner of the US presidential elections.
The price of Solana (SOL) has remained positive and bounced off its previous high of $210.
During the 2021 bull market, Solana surged 900% after 117 days of consolidation. If trends repeat, it could surpass $1,000 and reach $1,900.
Solana (SOL) has seen a massive 35% weekly surge to a new year-high of $220, closing last week above levels not since in nearly three years. As the cryptocurrency soars and whales accumulate, some market watchers suggested SOL is poised to fly to new levels soon.
The fourth crypto by market cap is in a pump of +36% in the last seven days.
Solana's network demonstrates sustained growth across key metrics while attracting increased institutional interest and ecosystem development.
Bitcoin (BTC) catapulted to another all-time high, reaching $89,604 before declining marginally, as bulls set their eyes on $90,000 and $100,000. The euphoria over Trump's win shows no signs of waning, and BTC could hit $100,000 before the end of the year if the bull run continues at its current pace.
An analyst with a history of spot-on crypto calls is outlining his bull market targets for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL). Pseudonymous analyst Bluntz tells his 287,800 followers on the social media platform X that Bitcoin will hit a bull market top at $150,000, Ethereum at $8,000 and Solana at $500.
The recent Solana price breakout has put it back on track for a potentially massive rally ahead. SOL price is trading at $219.05 after gaining 5.2% in the last 24 hours.
Ethereum has been on fire recently, washing away the waters of fear, uncertainty and doubt that has plagued the ecosystem for most of this year.
Venture capital firms and hedge funds widely expect Solana (SOL) to reach $600 this bull cycle, with MV Global calling it a "consensus long" among allocators. The post Hedge Funds and VCs Anticipate 4x Surge for Solana, Projecting $600 Milestone appeared first on Cryptonews.
Could Ripple's long-awaited ETF open doors for others?
Solana price has done well this year, soaring to a high of $223.50 on Tuesday, its highest level since December 2021. SOL has jumped by over 2,800% from its current level in 2023, making it one of the best-performing altcoins in the industry.
Even with the recent strong rally, Shiba Inu still has a long way to go before hitting its all-time high (ATH). To reach its ATH level, which it last reached at the height of the last bull market, SHIB would need to see a further 250% price increase.
Solana (SOL) recently saw its market cap surge past $100 billion, setting the stage for a potential all-time high (ATH) rally for its native SOL token. Solana Reclaims $100 Billion Market Cap, Is SOL ATH Imminent?
Binance has added two new Solana meme tokens—The AI Prophecy (ACT) and Peanut the Squirrel (PNUT) to its growing list of meme coins. Shiny New Meme Coins for Traders on Binance The bull market is here and exchange listings are coming in thick and fast.
Solana is set for potential record highs as Bitcoin's recent surge above $85,000 sparks bullish sentiment, with analysts predicting significant gains for SOL amid a favorable market environment and Standard Chartered's optimistic forecasts. The post Solana Preparing for New Record Highs as Standard Chartered Forecasts Epic Year-End Rally – $1,000 SOL? appeared first on Cryptonews.
Avalanche price rose and crossed an important resistance level as cryptocurrencies jumped following Donald Trump's election victory and Federal Reserve cuts. The AVAX token jumped to a high of $35.55, its hghestc swing since June 7. It has popped by 105% from its lowest level in August.
Edward Snowden once again critiques Solana, claiming that venture capitalist backing is a problem for the network.
SOL's rise brings its yearly appreciation to a remarkable 260%.
Solana (SOL) is eyeing a potential breakout above its all-time high of $260, fueled by market optimism following Trump's re-election.
Solana (SOL) has recently seen an impressive surge, with its market cap now surpassing a massive $100 billion. This milestone comes amid a notable increase in buying activity from whales, one of whom has made headlines by accumulating a significant amount of Solana tokens.
Solana's rally to $222 puts SOL price within 20% of its all-time high.
Will this week's multi-million token unlocks spell trouble or opportunity for Celestia, Aptos & Solana custodians?
Meme coin launchpad Pump Fun has offloaded more of its SOL holdings following the recent Solana price rally to $220. This comes amid predictions that Solana could soon reach its current all-time high (ATH) and possibly surpass it soon enough.
Most venture capital and hedge funds expect Solana (SOL) to reach at least $600 in this bull cycle, according to the “Q4 2024 Crypto Investment Manager Survey” by MV Global. Almost a third of the survey respondents believe SOL will breach the $600 ceiling, while 23.2% see this price area as the asset's all-time high.
Solana (SOL) has recently seen a significant price movement, surging past crucial resistance levels to reach $211 before a minor pullback. As the cryptocurrency market heats up, analysts are setting ambitious targets for Solana, predicting a potential rally to as high as $1,000.
Solana (SOL) is closer than ever to a new ATH and 3rd position by market cap. Could it happen before 2024 ends?
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Bitcoin picked up momentum and soared above $84,500, pulling several altcoins higher.
Since Trump's re-election, Bitcoin and other altcoins such as XRP or even ADA price surged on expectations of less strict cryptocurrency regulations during his administration. Several new ETF filings, among which are XRP and Solana, are expected during November.
The milestone has been attributed to the application's features designed to offer users a seamless and engaging experience.