The U.S. Securities and Exchange Commission (SEC) has acknowledged a recent Solana ETF application proposed by Canary Capital.
Raydium has jumped by 15% today, with the Solana-based coin rising to $5.60 as the cryptocurrency market suffers a 0.5% dip in the past 24 hours.
Elon Musk changed his X name to Harry Bōlz after defending one of his DOGE acolytes, with the shift sparking Solana meme coin surges.
The cryptocurrency market saw Layer-1 blockchain market capitalizations rise by 6% in January 2025, despite mixed performance across different segments of the industry, according to a report by J.P. Morgan (NYSE:JPM).
Solana DEX volume hits $59.55B in February, nearly twice Ethereum's. Lower transaction fees, meme coin trading, and institutional backing drive growth, while Solana's network efficiency boosts adoption and liquidity. The post Solana DEX Volume Surges Towards $60 Billion, Extends Winning Streak Over Ethereum appeared first on Cryptonews.
In Solana's fast-moving crypto space, a token without strong trading volume gets ignored. Investors, traders, and automated scanners track transaction activity to find the next high-potential asset. If a project lacks volume, it fails to gain traction.
Regulatory filings show momentum for crypto ETFs, with Bloomberg estimating a 70% approval chance for spot Solana ETFs in the U.S.
Solana whales have show intent to protect the $200, but only time will tell SOL's next move.
Traders have been wondering where some sell pressure has been coming from amid mass buying by US ETFs and MicroStrategy. Binance.
Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.
Cryptocurrencies have been experiencing some volatility recently, and the big question on everyone's mind is, “When will Altseason arrive?” Many investors are wondering if altcoins will start showing strength again after a period of underperformance compared to Bitcoin. At the moment, many altcoins are struggling against Bitcoin's dominance.
Spot altcoin ETFs stand a good chance of being confirmed in 2025, according to Bloomberg ETF analysts. What Happened: Senior Bloomberg ETF analyst Eric Balchunas on Monday stated that Litecoin (CRYPTO: LTC) has the highest ETF approval odds at 90%.
According to analysts from Bloomberg, there is a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot exchange-traded fund (ETF) based on Litecoin (LTC) by the end of 2025. They estimate the chances of approval for other crypto ETFs, such as those for XRP, Solana (SOL), and Dogecoin (DOGE), at 65%, 70%, and 75%, respectively.
According to crypto analyst Ali Martinez, the Solana price action is at a crucial level, pointing to a key support level within a parallel channel. Based on the Solana price movement in the daily candlestick timeframe, his analysis suggests that the altcoin has been trading in an uptrend channel since July 2024.
After a massive liquidation crash in January, the crypto market has been struggling to this day. Not only the smaller and less volatile cryptos but also the top ones, Bitcoin, XRP, Solana, and Cardano, struggled and faced high consolidations.
The rivalry between Solana and Ethereum just took a new twist with SOL outshining ETH in key metrics.
Anthony Scaramucci's SkyBridge Capital is a “much bigger Solana fan than Ethereum,” as said in a recent interview to CNBC. Solana (SOL) is a direct competitor to Ethereum (ETH) as a leading Layer-1 (L1) blockchain for decentralized applications and tokens.
Solana is attempting a bullish breakout after a corrective structure. A move above $216.90 could push SOL toward $231.72 and $246.54, while failure to hold $195.81 risks downside.
Ethereum‘s (CRYPTO: ETH) underperformance compared to other big cryptocurrencies has caused a stir in the crypto community, but its leadership maintains that its culture is the key to long-term success. What Happened: According to Devansh Mehta, public goods and governance lead at the Ethereum Foundation, Ethereum's strong, community-driven culture focused on openness, transparency and challenging authority is Ethereum's core strength.
Solana vs. Ethereum: an open challenge
Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.
Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view.
Solana (SOL) is making waves in the cryptocurrency market, with an increasing number of traders and investors betting on the asset's upward trajectory. Despite the volatility of the broader market, SOL is experiencing a surge in interest, with a notable 77% of top Solana traders on Binance holding long positions.
Solana's leadership in DEX volume and revenue supports the bull case in the SOL-ETH ratio.
Solana shows recovery potential through whale accumulation and ETF developments, despite recent price corrections from January highs.
As altcoins are making a bullish comeback this week, Solana marks a conclusion to the short-term but intense pullback phase. Will this breakout run propel SOL price to $261?
Solana-based applications are now significantly outpacing Ethereum by generating revenues ten times higher, according to cryptocurrency researcher Aylo. This performance occurs despite a bear market context and a slowdown in transactions.
Solana Smart Whales took the broader crypto market by storm on Tuesday by embarking on a massive buying spree. The latest on-chain data indicated that roughly $18.5 million tokens were accumulated amid the crypto's turbulent intraday movement.
After a long downtrend, the Solana price is on an uptrend. The analyst has recorded gains on the weekly and monthly timeframes. On the other hand, the DOGE price has failed to reclaim the $0.3 level due to high selling pressure. Meanwhile, there is a new AI-based project that has been gaining attention.
The Solana blockchain network is witnessing a new breed of crypto traders, smart wallets, that are making a killing by specializing in specific crypto narratives
NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.
A widely followed crypto analyst believes that layer-1 platform Solana (SOL) is in a position to witness a nearly 2x surge.
Traders are closely eyeing Solana to gauge if it can rise 17% and reach the $243 mark.
Analysts James Seyffart and Eric Balchunas assessed the likelihood of the SEC approving various ETF products. They claimed that a Litecoin ETF is most likely but gave a few unexpected predictions.
In recent months, Solana has recorded revenues higher than Ethereum and its Layer 2 solutions, despite the overall market decline.
Solana has a track record of defying expectations - will this be another one?
Bloomberg analysts James Seyffart and Eric Balchunas have revealed their predictions for the Solana, XRP, Dogecoin, and Litecoin ETFs. As part of their predictions, they outlined the approval odds for each of these crypto ETFs.
The potential approval of a Litecoin ETF could accelerate mainstream adoption of crypto assets, influencing regulatory frameworks globally. The post DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts appeared first on Crypto Briefing.
The co-founder of Solana Labs Anatoly Yakovenko claimed Kamino produced more value than Aave, despite the lower value locked in its lending vaults.
Barstool Sports founder Dave Portnoy bought into a Solana meme coin depicting him behind bars—then sold, and then bought back in again.
Bill Barhydt, the CEO of crypto investment firm Abra Global, recently took to the X social media platform (aka Twitter) to stir the BTC community with a bold Bitcoin price prediction.
Donald Trump critic and SkyBridge Capital founder Anthony Scaramucci says Solana (SOL) is his preferred layer-1 over Ethereum (ETH). In a new interview with CNBC, Scaramucci says that while SkyBridge does own some ETH, his investment thesis focuses on SOL being more successful in the long run. “We own [ETH] in small sizes.
The analysts estimate that Litecoin ETFs filed by Canary and Grayscale have the highest chance of approval.
A bold new investment thesis from Multicoin Capital, a crypto-focused venture firm, suggests that Solana has the potential to outperform some of the most dominant names in traditional finance, including the New York Stock Exchange (NYSE), NASDAQ, and the Chicago Mercantile Exchange (CME).
The early months of 2025 have been marked by heightened volatility, fueled by geopolitical and economic uncertainty.
Sol Strategies has acquired an additional 24,374 SOL tokens for CAD $7.3M, bringing its total holdings to 214,342 SOL. As Solana's ecosystem attracts more institutional interest, the firm continues its expansion into blockchain infrastructure and decentralized applications. The post Sol Strategies Increases SOL Holdings by CAD $7.3M, Now Holds 214,342 SOL appeared first on Cryptonews.
The founder of Aave downplayed Solana's Kamino during an argument with the president of the Solana Foundation and the co-founder of Solana Labs about decentralized money markets on X. Alex Svanevik, founder of Nansen, questioned the absence of Aave on Solana, which currently boasts Kamino as its largest money market protocol.