As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

Binance Coin (BNB), the native cryptocurrency of the Binance blockchain, has officially entered a new price discovery phase, recently reaching an all-time high of $774 late Tuesday. This significant milestone reflects a broader trend in the cryptocurrency market, where attention has shifted from Bitcoin (BTC) to altcoins like BNB and XRP, both of which have demonstrated impressive price movements over the past 48 hours.

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Solana ETF is gaining more support to be released in the United States after Grayscale, following others' moves to be proposed to the commission.

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).

Binance Coin (BNB) has surged to a new all-time high, hitting $775, as it gains significant bullish momentum. The cryptocurrency's rapid price increase follows the breakout of a key technical pattern and the formation of a golden cross, both of which suggest further upside potential.

Investments and innovation: Grayscale's strategy in the crypto market.

The rise comes amid growing concerns about DEX vulnerabilities, with one bot reportedly stealing $40 million in just three months.

The New York Stock Exchange filed an application with the SEC to create an ETF based on Grayscale's Solana Trust. This filing joins several other Solana and XRP ETF applications in recent days.

Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF).

Crypto-based spot ETFs have gained traction in recent months amid a shift in regulators' attitudes toward digital assets in the U.S.

Grayscale Investments has filed a 19b-4 with the SEC to convert its Solana Trust into a spot ETF. With $134M under management, GSOL could lead the way in a fiercely competitive crypto ETF market.

Grayscale Investments has filed to list a spot Solana (SOL) ETF on the New York Stock Exchange, joining a major growing firm that is seeking to launch Solana ETFs in the U.S. This filing sent Solana's price surging by $10 immediately.

After the XRP rally above $2.60, the primary token was not enough. The Ripple army is now trying to build a native meme token ecosystem.

The New York Stock Exchange's exchange-traded product platform filed a form on behalf of Grayscale Investments, LLC for a spot Solana ETF.

Grayscale's Solana ETF filing on NYSE Arca coincides with a 6% surge in Sol's price, amidst growing institutional adoption and regulatory talks. The post Grayscale files for Solana ETF as SOL token surges 6% appeared first on Crypto Briefing.

Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC's approval.

Grayscale joins rivals 21Shares, Canary Capital, VanEck and Bitwise in filing for a Solana ETF in the US.

Asset Management firm Grayscale Investments has applied to list a spot Solana ETF product with the New York Stock Exchange (NYSE). This filing places Grayscale among the growing list of firms now pressing to list the product in the United States.

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Cboe and four issuers are pushing the SEC's boundaries on crypto assets allowed in an ETF wrapper with recent Solana ETF filings. The SEC may refuse to acknowledge the applications in the near term, but new leadership at the agency in 2025 will be more friendly to crypto, making Solana ETF approvals likely in the next few years.

Solana (SOL), one of the leading cryptocurrencies by market capitalization, is currently showing signs of bearish pressure, with its price struggling to maintain key support levels. On December 3, 2024, the sentiment across the cryptocurrency market appeared mostly negative, as several major assets faced difficulties in gaining upward momentum.

The cryptocurrency market is buzzing with activity as Bitcoin (BTC) holds steady at around $95,900 after a mild correction. Market sentiment remains cautious following the U.S. government's transfer of 10,000 BTC worth approximately $962.88 million from a Silk Road-seized wallet.

The crypto markets are gearing up with popular altcoins printing massive gains in the past few days. With XRP & ADA prices rising above $1 after a long time frame, the momentum appears to have shifted in favour of bulls.

As the crypto market gains momentum, the Solana price has grown notably, reaching impressive highs over the past week. This surge suggests a potential breakout, with bullish sentiment building around the coin.

The price of Moo Deng (MOODENG), the popular Solana-based memecoin, has skyrocketed over 120% after Coinbase backed it.

Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.

Buyers are back in the game, according to CoinStats.

Solana (SOL) has experienced a steady upward trend in its price. However, new developments suggest that a significant correction may be on the horizon.

Sandwich attacks are accelerating on BNB Smart Chain, targeting mostly Pancake Swap. Despite block builders, the chain saw a near-record number of transactions and users attacked in November.

Hailey Welch, the girl protagonist of the viral TikTok meme “Hawk Tuah”, is launching her own memecoin on the Solana blockchain.

Solana's social metrics reveal a troubling trend after the altcoin failed to sustain its 40% price increase. On November 5, SOL traded at $161.93, and 17 days later, it reached a new all-time high.

Data shows that the number of blocks suffering Sandwich attacks in the BNB Smart Chain reached a new record last month. According to data provided by Dune, 35.

Solana (SOL) has been one of the leading cryptocurrencies throughout this bull run, seeing a 66.8% jump in the last three months to its latest all-time high (ATH) and flipping other rivals. Despite its remarkable rally, SOL has recently lost the spotlight to Altcoins like XRP, risking a major correction in the coming days.

Solana's liquidation levels revealed that it could soon drop to $210.

Binance Square introduces a 'Write to Earn' campaign, allowing creators to earn daily BNB rewards and up to 30% commission. The campaign runs from December 3 to December 9, 2024.

AgriDex facilitated the trade of a rare White Park Bull, purchased by a private buyer from Aurox Meats.

A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement.

2024 has been a stellar year for Solana (SOL), with the cryptocurrency gaining a staggering 117% since the beginning of the year. This impressive growth has placed Solana among the top-performing digital assets, catching the attention of both retail and institutional investors.

Solana was integrated with the Crypto Life platform, a service that offers digital asset-loaded cards for real-world payments.

Solana (SOL), the world's fifth-biggest cryptocurrency by market cap, is poised for downside momentum as its daily chart flashes a warning sign. On December 3, 2024, the sentiment across the cryptocurrency landscape appears bearish, with assets struggling to gain momentum.

Traders are buying Bitcoin price dips below $95,000, but will it be enough to prevent a sharper correction in BTC and altcoins?

XRP surged in cryptocurrency rankings, driven by regulatory optimism, political shifts, and Ripple's stablecoin approval.

Is Moo Deng back? Coinbase announced it would list the meme coin, prompting a dramatic surge in price immediately thereafter.

Bears are more active than bulls on the first day of the week, according to CoinStats.

Ripple's XRP has seemingly come to life, retaking its third position that it held for years until the Securities and Exchanges Commission (SEC) sued it in December 2020.

The price of XRP has exploded by 18% in the past 24 hours, as traders continue to buy it up in the wake of Gary Gensler's resignation as SEC Chairman. The post XRP Overtakes Solana and Tether as Market Cap Reaches $139 Billion – Can XRP Hit $100 Next? appeared first on Cryptonews.

For the first time, via Orderly, Solana users can trade meme coin perpetuals with EVM-focused participants across 30+ integrated DEXes and 73 trading perpetuals.