Solana price has carved out a substantial portion of the total crypto market cap. Known for its high transaction speed and low fees, Solana attracted meme coin creators and subsequently earned the nickname ‘home of meme coins.
Recently, SUI gained significant strength, which pushed the prices above the important resistance zone, which can be considered as a last pitstop before the highs. The token has formed a massive bullish pattern and after achieving the levels around the neckline, a gigantic bullish run could be imminent.
XRP has been hovering near $0.6351, down slightly by 0.95% for the day. The coin is testing a resistance level near $0.6548, and a breakout above this could signal further gains.
An analyst known as a “Master Trader” on the crypto exchange Bybit believes October will be a bullish month for Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 276,900 followers on the social media platform X that top memecoin DOGE appears to be in the early stages of a five-wave rally.
Solana is currently making a run at Ethereum. Bitcoin could be next.
A few days after reaching a peak of $161, the cryptocurrency Solana (SOL) pauses in its recent ascent. The flagship token of the high-performance blockchain ecosystem is experiencing a slight correction, raising questions about the sustainability of its bullish momentum.
Most of the cryptocurrencies are facing a correction today, according to CoinStats.
Solana (SOL) is now trading around a crucial supply zone after an impressive 26% surge since September 18, following the Federal Reserve's announcement of interest rate cuts. This sharp rally has sparked optimism among analysts and investors, who hope Solana could soon reach new all-time highs.
Bitcoin (BTC) dipped below the $65,000 level early today after registering a drop of almost 2.50% over the past 24 hours and is currently trading just below the $65,000 mark. Spot Bitcoin ETFs also registered a surge in inflows, attracting around $449 million, fueling even further demand as speculation about a rate cut and soft US landing bets.
Solana's (SOL) price has struggled to break above $160 over the past two months, repeatedly failing to sustain momentum. However, many in the market believe that “Uptober” could bring a reversal.
As Bitcoin prepares to break through the top of its bull flag, or perhaps be rejected once again, both Ethereum and Solana are starting to turn the tables on the number one cryptocurrency. If $BTC can hold firm, is this the time when the major altcoins will start to steal the show?
Closely followed economist and trader Alex Krüger says that Solana (SOL) exceeding the market cap of Ethereum (ETH) isn't as farfetched as many investors believe. In a new discussion on the Unchained podcast, Krüger addresses Multicoin Capital managing partner Kyle Samani's perspective that Solana will eventually flip Ethereum.
Solana whales are accumulating tokens as the price approaches key resistance, but declining social sentiment creates uncertainty around SOL's short-term outlook despite long-term bullish predictions.
As September closes with a rally hope in October, the cryptocurrency market is showing signs of recovery, breaking its usual bearish trend for the month. With Bitcoin climbing back above $66,000 and top altcoins, including Solana, surpassing key resistance levels of $155, there's growing excitement about a potential altcoin season.
Whales are now holding 59% of Solana—a key sign that the market is turning bullish.
A prominent cryptocurrency commentator predicted a significant price surge for Solana (CRYPTO: SOL), expecting as much as 5x return by the end of 2025. What Happened: MartyParty, a widely-followed cryptocurrency influencer who also happens to be a music artist, said in an X post Sunday that Solana has been organically consolidating at $150 for 225 days.
Solana-based memecoins experienced strong gains last week, pushing the ecosystem's market cap to $8.6 billion.
Solana (SOL) continues to capture the attention of investors and traders alike, the recent surge in whale activity raises questions about its potential price trajectory. With whales now holding a significant 59% of Solana's circulating supply, many are speculating whether this influence can push the altcoin beyond its crucial resistance level of $209.
The crypto-keen, stock market-listed Japanese firm Remixpoint has announced it has used its balance sheet to buy Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) holdings.
Remixpoint invests millions in Bitcoin, Ether, and other cryptos to bolster its cash management strategy.
Solana price is down 0.83% on this low-volatility Sunday, currently trading at $155.44. The renewed selling pressure can be attributed to substantial selling from the Pump.fun fee account, alongside a natural pullback after a three-week rally.
A cryptocurrency trader has made headlines by achieving an extraordinary return of over 11,500% through trading a newly launched meme coin called MOO DENG.
One of the most incredible returns in the cryptocurrency world is revealed by a recent on-chain report. A user paid just 6 SOL (roughly $815) for 30.1 million MOODENG tokens 17 days ago.
Arthur Hayes, co-founder of the BitMEX exchange, has strategically boosted his meme coin holdings as he anticipates a strong market rally in October—popularly referred to as “Uptober” by traders. According to SpotOnChain data, Hayes has accumulated a staggering 24 billion PEPE tokens, alongside significant investments in Solana-based meme tokens like MOTHER and MOG.
As the Bitcoin price reclaims the $66,000 mark during the early Asian trading hours, the crypto market continues gaining momentum. Following this, the most volatile altcoin, Solana token has held its value above the $150 mark, indicating increased bullish action.
The trajectory of Solana [SOL] hinges on several decisive factors.
A crypto trader has recorded a gain of over 11,500% by trading a Solana meme coin, which has sparked discussions in the broader crypto market. The newly launched meme coin, MOO DENG, has gained notable traction lately and has returned substantial gains to investors in recent days.
The U.S. Securities and Exchange Commission (SEC) has agreed to a settlement with the Solana (SOL)-based decentralized exchange (DEX) Mango Markets over alleged regulatory violations. The SEC alleges that the DEX's decentralized autonomous organization (DAO) skirted registration provisions and deprived investors of critical protections.
The cryptocurrency market is on the verge of concluding September on a positive note. With this, the crypto space breaks its historic market trend of a bearish September. This further hints at a bullish Q4 and the potential beginning of an Altseason market.
Crypto volume staged a strong comeback in centralized and decentralized exchanges as most coins bounced back.
Although new addresses have risen remarkably, the weekly transaction fee was lower than in April 2024.
Data from Solscan.io revealed that an unlucky investor had panic-sold 21M $MOODENG missing out on a chance to cash out at $6.3M. He discovered the memecoin an hour after it launched with a market cap of $210K and acquired the MOODENG for 26 SOL (~$3,537).
In cryptocurrency, a “whale” refers to an individual or entity that holds a large amount of a particular coin or token. These whales have the power to influence market movements due to their ability to make significant trades.
MOODENG's rise underscores the persistent allure and volatility of memecoins, highlighting the speculative nature of the crypto market. The post Solana meme coin Moo Deng maintains over $300m market cap, continues to accumulate appeared first on Crypto Briefing.
The cryptocurrency market witnessed low volatility on Saturday's trading session as Bitcoin price stabilized above $65000. Along with most major altcoins, the Solana price traded sideways and showed a modest dip of 0.37% to $157.
Solana (SOL) has garnered significant attention in the cryptocurrency space, with analysts projecting substantial price growth in the coming months. According to market experts, Solana could potentially reach half of Ethereum's market cap, which would push SOL's price to $330, more than doubling its current value.
Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches.
Solana, mirroring the performance of Bitcoin and its main competitors, BNB and Ethereum, is firm at press time. Although gains have not been sharp, SOL bulls are shaking off weaknesses.
Bitcoin's break above $65,000 and solid buying in-the-spot BTC ETFs have traders convinced that the bull market is back in full swing.
Solana (SOL) has seen its price increase by 3%, surpassing the $153 mark and attracting significant market attention. This upward movement comes alongside a research report from VanEck, which suggests that SOL could rally up to $330, discussions about its growing potential in the competitive crypto landscape.
Solana (SOL), like almost every crypto in the top 100, has witnessed a price increase since last week. While the altcoin has displayed impressive momentum lately, indicators reveal a decline could be imminent before further realized gains.
The entities behind Solana DeFi platform Mango Markets have settled securities charges with the SEC following a lengthy investigation.
The cryptocurrency market, in large-scale transactions by whales can significantly impact asset prices. Recent activities involving a prominent Solana (SOL) whale have raised alarms among investors, suggesting a potential price crash could be on the horizon.
Moo Deng (MOODENG), a Solana-based meme coin, has surged by more nearly 100% over the past 24 hours. The token is, of course, inspired by female pygmy hippo Moo Deng, which recently became an internet sensation.
Following the Solana 1,000% run-up in 2023 and its re-entry into the crypto top 10 by market cap, it has been pitched against Ethereum once again. This was further propelled by the fact that Solana saw its blockchain activity surpass Ethereum's, and even bringing in more revenue at a time.
Solana's price rises due to increased memecoin activity and whale investments.
Real Vision analyst Jamie Coutts believes that the crypto market could finish out the year with strong rallies. Coutts says that the TOTAL3 chart on the weekly timeframe appears to be breaking out of a descending trend line and printing a bull reversal pattern.