The exchange will also release a mobile app allowing token swaps using Apple Pay, Google Pay, or credit cards with zero fees.
Crypto exchange Coinbase is keen to add native cbBTC support on the Solana network.
Discover the top 3 cryptocurrencies set to dominate the market in Q4 2024. Learn why FET, Bittensor (TAO), and Solana (SOL) are primed for growth, with insights on resistance levels and bullish potential.
There was some exciting crypto news recently as Louisiana became the first US state to accept crypto payments. Thanks to this development, the crypto space will see a massive rally soon as more eyes turn to it. In this environment, people are stockpiling altcoins with great growth potential.
Financial services titan Franklin Templeton says it's building a money fund for regulated securities on the smart contract platform Solana (SOL).
The non-fungible token market has experienced a 4.2% drop in sales volume in the last seven days. This drop comes after a decent surge of 7.68% as reported in our last weekly NFT sales column.
Over a year after debuting its first so-called “Web3 phone,” Solana unveiled new details about its second attempt at a DeFi-friendly smartphone: the Solana Seeker.
Solana (SOL) faces a decisive moment where it either breaks out a key resistance or could experience a significant crash. The dilemma is also true for other cryptocurrencies as the market goes sideways, raising both bullish and bearish cases.
Spot CVD is driving the recent Solana surge positioning the altcoin for a sustained rally.
The global crypto market built on the recovery push from two weeks back, recouping an additional $100 billion to close the week at $2.2 trillion. Bitcoin (BTC) led the charge, as it briefly reclaimed the $64,000 territory.
For the time being at least, investors in Solana can exhale with relief as the possibility of a death cross signal has been avoided. Based on the given chart, it appeared that the 200-day moving average and the 50-day moving average were headed straight for each other.
Prominent altcoin Solana was one of the major headliners recently, notching an 8.22% gain in the last seven days, according to data from CoinMarketCap. This positive performance saw Solana climb as high as $150, a price mark last seen in late August.
Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana's scalability and affordability, the platform aims to enhance the crypto travel experience and incentivize users with up to 10% of booking value back in SOL.
The fifth largest cryptocurrency by market cap, Solana (SOL), has once again come into the limelight since it saw a significant breakout in its price recently. The token rose by over 10% amid the Federal Reserve rate cuts, once again drawing the attention of investors and getting all the talk about its price breakout.
Exploring SOL's breakout potential after 6-month price consolidation
Coinbase's wrapped Bitcoin product, cbBTC, will soon launch on the Solana network. The exchange country director for Singapore, Hassan Ahmed, disclosed this at the Solana Breakpoint event.
Solana to lead Real World Asset tokenization, according to Anthony Scaramucci.
Wrapped Bitcoin products allow users to retain asset control while using Bitcoin as collateral for decentralized finance applications.
Osprey Funds is assisting the Solana meme coin team in launching the ETP in the US. The team has also announced plans to launch the ETP before the year ends.
Travala doubles down on expansion, integrating with Solana to extend support beyond Ethereum and BNB.
Non-fungible tokens (NFTs) had quite the boost this week, with sales climbing by 7.33% compared to the previous one, totaling $77.13 million. The number of NFT sellers skyrocketed by 95.68%, while buyers surged 137.48%, giving the market a noticeable lift. NFT Gains: Digital Collectible Buyers Increase by 137% as Sales Hit $77.
The centralized digital asset exchange launched its version of wrapped bitcoin last week, after having teased the token in August.
In the past two weeks, the cryptocurrency market experienced significant growth across most major altcoins, spurred by speculation around the U.S. Federal Reserve rate cuts. During this market rebound, Solana, Dogecoin, and BNB Coin attracted significant investor attention due to their respective developments.
Global financial giants Franklin Templeton and Citigroup are turning to Solana for next-gen financial services, highlighting the blockchain's growing prominence in decentralized finance (DeFi).
Solana flipped Ethereum in its 24-hour volume in the decentralized exchange industry as most of its meme coins jumped.
Travala, the crypto-native travel platform, announced the integration of Solana, allowing for its users to make bookings in SOL, USDC, and USDT.
Real World Asset (RWA) tokenization is making waves and the top industry players have their eyes on the next shift in the blockchain industry. At the Breakpoint 2024 event, Anthony Scaramucci from SkyBridge Capital said that tokenization will play a pivotal role in transaction verification, and Solana will play a critical role in the industry.
Popular crypto analyst Peter Brandt has unveiled a bullish outlook for Solana predicting the prominent altcoin may be set for a significant price surge in future weeks. This price forecast comes in a glaring contrast to Brandt's recent prediction where the analyst had expressed fears over Solana suffering a major price fall.
Anthony Scaramucci has confirmed being a Solana holder and once again predicted massive tokenization.
With the growing certainty over the crypto space, some of the projects are set to outperform as they possess the ‘shill narrative'. Some bullish catalysts, like the FTX narrative, the probable win of Donald Trump, and further rate cuts, have strengthened the tokens.
Recently, the top altcoins, such as Ethereum, BNB, and Solana, have demonstrated remarkable performance. Notably, Solana has shown a seven-day change of 7.5%. The performance of altcoins, especially Solana, has captured the attention of many.
Coinbase's expansion of cbBTC to Solana could significantly enhance DeFi activity and Bitcoin utility on the Solana blockchain. The post Coinbase confirms plans to bring cbBTC to Solana appeared first on Crypto Briefing.
Powerledger's co-founder John Bulich believes the expansion emphasizes "that sustainability is a common goal that transcends ecosystems.”
Solana's Seeker, set to launch in 2025, aims to redefine the crypto smartphone market with improved hardware, enhanced Web3 capabilities, and a focus on being an all-in-one platform for DeFi, payments, and gaming.
Real World Asset (RWA) tokenization has recently taken center stage with some of the top industry players focusing on this next shift in the blockchain industry. While speaking at the Breakpoint 2024 conclave, SkyBridge Capital founder Anthony Scaramucci said that tokenization will play a massive role in transaction verification, with Solana playing a key role
Travala has integrated with Solana, expanding cryptocurrency booking support beyond Ethereum and BNB Chain.
The crypto prices today have shown considerable resiliency, preventing downside momentum. Bitcoin (BTC) held the $62K mark, whereas Ethereum (ETH) and Solana (SOL) traded prominently in the green territory.
Following the success of multiple tokens launched on the blockchain in 2023, Solana meme coins have become a major staple of the crypto investing community. With the likes of Dogwifhat, BONK, and POPCAT recording major gains for investors, it has led to the hunt for other tokens that could replicate the same success.
Solana hits 5M daily users and welcomes Sky Protocol's launch, while Franklin Templeton announces a mutual fund on the network.
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
Bitcoin layer-2 network, Stacks, will deploy its synthetic Bitcoin (sBTC) on the Solana blockchain. Stacks founder Muneeb disclosed this at the ongoing Solana Breakpoint Conference in Singapore, noting that this is an opportunity to bring the Bitcoin asset to faster rail.
Some crypto observers have sounded the alarm on Solana (SOL), comparing the blockchain network to the ill-fated Terra token, Luna (LUNA), which collapsed in 2022, fueling a crisis that gripped the whole crypto industry.
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TL;DR Sky, formerly MakerDAO, will launch its stablecoin USDS on Solana using the Wormhole protocol. Sky will offer incentives of up to 2 million SKY tokens per week to promote the adoption of USDS on Solana.
Bitcoin faced selling near $64,000, but buyers have managed to keep the price above the short-term holder realized price near $62,000, which is a positive sign.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.