BonkDAO's “BURNmas” event plans to burn 1.69 trillion BONK tokens worth $54 million, reducing the total supply by 1.8%.
The broader Solana meme coin market surged to $18.2 billion, representing a 10.3% increase over the last day, driven by PENGU's performance.
The rapid rise of MIRA token highlights the crypto community's potential for impactful social support, raising ethical considerations in token trading. The post Solana meme coin MIRA soars to $80M market cap in 5 hours as community rallies around brave little girl appeared first on Crypto Briefing.
Is Solana on the verge of a breakout or a breakdown? While bearish signals dominate the short-term charts, 2024 has been a year of explosive growth for Solana. Will a lead over Ethereum in social mentions drive a bullish 2025 for Solana?
Finding the right trading strategy isn't easy for everyone, especially when you're trading volatile cryptocurrencies like Bitcoin and Solana. Because if you make one wrong move, it's enough to wipe out your entire balance unless you have years of experience in the market.
The crypto market saw mixed trading patterns last week, with large retail outflows in an attempt to avoid liquidations. Several assets like Solana (SOL) and XRP were at both ends of the flow yardstick as institutional activity declined.
Solana (SOL) has captured attention with its remarkable price recovery, standing out as one of the most resilient assets in the cryptocurrency market. After weathering a challenging period in 2022, the blockchain platform has regained momentum, supported by bullish market activity and consistent capital inflows.
Solana may be aping Bitcoin's price action as short-term risk bottoms ahead of a rally.
Solana (SOL) has recorded massive inflows, turning the tide after days in the doldrums. The community dubbed ETH killer picked up gains in price and on-chain activity alongside other altcoins.
The X account of Animoca Brands executive chairman Yat Siu has been compromised while promoting a fake Solana token launch. As a result, the hackers are promoting suspicious tokens and contracts under the guise of “Animoca Brands issuing new coins”.
Solana bounces back with a 3.53% surge, hitting $196 as bullish signals align.
Optimism toward a meme coin has increased as a result of Shiba Inu's recent recovery above the 100 EMA at $0.0000230. But this rebound is still not enough to verify a legitimate trend reversal.
Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
Solana, dubbed the Ethereum killer, appears stuck below $200, with trading volume dropping nearly 19 percent. This critical moment has market observers questioning if the once-bullish crypto can regain momentum before further declines.
Real-world asset (RWA) tokenization could become a multi-trillion-dollar industry by 2030, according to Boston Consulting Group.
Solana price has been on the investors' radar lately amid a flurry of developments in the market. However, the crypto has recorded gloomy trading recently, as evidenced by its seven-day and one-month performances.
The native token of the Sui blockchain experienced a significant surge ahead of Christmas Eve despite the overall weakness that the crypto market has displayed as investors believe that this network could easily compete and beat Solana at its own game. On December 23, the $SUI token experienced a 9% increase that pushed to $4.
Solana (SOL), also dubbed the "Ethereum killer," appears to be nearing its limit in the ongoing bullish cycle. Within the past seven days, the sixth asset by market capitalization, worth about $95.25 billion, has struggled to stay above the $200 support level.
Q4 2024 marked the start of a new crypto bull market cycle, with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025.
Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market.
Bitcoin recently surged close to $100K, undergoing over 6% rise ahead of Christmas. This move circulated bullish waves across the markets as most of the altcoins surged back within a bullish pattern.
The cryptocurrency market is buzzing with activity as Solana (SOL) teases a potential breakout, and memecoins like Dogwifhat (WIF) aim for recovery. Amidst this excitement, a new player, DTX Exchange (DTX), is set to redefine trading by offering a unified platform for managing diverse assets. Let's explore these developing trends from a closer lens.
The scheme used fake copyright infringement notices to trick users into visiting phishing websites and resetting their 2FA or passwords.
On Dec. 4, Bitcoin (BTC 4.63%) crossed the $100,000 price level for the first time. That highlighted a post-election rally that saw Bitcoin soar by more than 40% within a remarkably short period of time.
As it turns out, Solana (SOL), probably the third most popular blockchain right now and definitely the second most popular alternative cryptocurrency on the market, just hit a new all-time high in daily transactions.
2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest.
Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels.
Donald Trump's election win has fueled optimism around top altcoins issued by US-based firms. Besides, several experts have further fueled optimism with anticipation over a surge in crypto ETFs this year.
Solana (SOL) reached a new daily transaction record, handling 72M transfers, despite a 37% transaction failure rate. Solana gets a boost from meme token activity and the spike of Pengu (PENGU) trading.
Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu.
Sonic SVM, the developers of one of the first tap-to-earn (T2E) games available on TikTok, announced that users of the video-sharing platform will also be eligible to receive a portion of its $SONIC airdrop. In a relatively short period, the SonicX game managed to attract over 1 million users after a month of its launch.
Solana‘s (CRYPTO: SOL) growth over the past two years, marked by a staggering 2,143% price increase, is rooted in a substantial $55 billion influx of new capital, according to a recent analysis by Glassnode. The report, released earlier in the week, delves into the network's underlying dynamics, revealing robust investor demand that, despite profit-taking, hasn't reached levels traditionally associated with market tops.
The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.
Rare buy signal on Solana charts hints at rebound as traders eye $250 breakout!
As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.
Solana (SOL) price reached a new all-time high on November 22 but has been in a corrective phase since, currently trading 27% below that peak. Recent technical indicators highlight mixed signals, with bearish momentum showing signs of easing but still dominating the market.
Solana (SOL) is showing early signs of a potential rebound, supported by its current technical setup.
Recent trading activities reveal that Solana (SOL) is showing signs of renewed strength as its price stages a notable recovery. After enduring a period of bearish dominance, SOL has found support at $164, sparking optimism among market participants.
Solana, like a Phoenix, rises from the ashes of FTX. With a 2,000% increase, it makes Bitcoin and Ethereum look outdated, showing record volumes and spectacular inflows.
Solana price today trades at $191 after falling by 27% from the year-to-date high $264. This crash has coincided with the recent crypto crash that has pushed Bitcoin and most altcoins sharply lower.
In the rapidly evolving world of blockchain technology, Sui, Toncoin, and Solana are cutting-edge platforms designed to address the limitations of traditional blockchains while pushing the boundaries of scalability, speed, and efficiency. In this article, we'll study how these blockchains are reshaping the decentralized ecosystem, addressing key challenges like scalability, speed, and efficiency.
The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.
In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month. Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.
More allocation, more ETPs? The momentum behind crypto ETFs reflects a maturing market ready to take its next big leap in 2025.
5 small-cap cryptocurrencies are poised to outperform Solana and TRX by 2024, offering remarkable growth potential. #partnercontent
The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.
Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.