After UFC's Instagram was hacked to promote a pump-and-dump Solana meme coin scam, the attackers got away with $1.4 million in profit.
The memecoin launch attracted hundreds of thousands of new onchain users, propelling Solana to become the third-largest blockchain network by stablecoin supply.
The controversial Solana-based memecoin launchpad Pump.fun has deposited $407 million worth of SOL into the crypto exchange Kraken in the past year, according to the digital asset tracker Lookonchain. Lookonchain also notes that Pump.fun, which launched in January 2024, sold 264,373 SOL for $41.64 million worth of the stablecoin USDC.
A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC).
Solana (SOL) price has risen more than 5% in the last 24 hours, bringing its market cap to around $117 billion and trading volume to surpass $6 billion. Despite this short-term surge, technical indicators remain mixed, with the Ichimoku Cloud showing uncertainty and the BBTrend still in negative territory.
Sui has been trading within a rising parallel channel, with occasional surges pushing the price into the upper bands.
The official X account of Time, the famous red-framed magazine, was hacked earlier this Thursday in order to promote a fake Solana-based cryptocurrency.
Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.
Solana price recovers today, reaching its highest point since Tuesday. This rebound coincided with the broad crypto market rally, with Bitcoin soaring above $105,000.
Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.
The JELLYJELLY token, inspired by Venmo's founder, sees explosive growth on launch day, marking a shift towards Internet Capital Markets on Solana.
Securitize has expanded its tokenized real-world asset (RWA) offerings by integrating with Solana as part of a new collaboration with Apollo Global Management. The partnership introduces a tokenized version of the Apollo Diversified Credit Fund (ACRED), offering on-chain access to private credit investments.
The SEC fined Kraken $30 million back in 2023 and forced it to shut down a similar staking product for U.S. customers.
Dogecoin is back in the green Thursday with modest gains, but some prominent Solana meme coins are blasting up the charts.
Hyperliquid becomes the latest addition to the top 20 after a stunning rise of over 20% in the past 24 hours. Meanwhile, the SUI price also triggered a strong rebound from the local lows as the bulls appear to be poised to push the token to new highs.
Tokenized Credit Fund offers access to Apollo Diversified Credit Fund, utilizing chains like Solana and Ethereum.
With a strong focus on innovation and solving blockchain inefficiencies, Lightchain AI is rapidly gaining momentum as a serious contender to Solana's dominance.
As the cryptocurrency market continues to expand, Lightchain AI is rapidly gaining traction among early investors and blockchain enthusiasts.
Solana seems to be eating Ethereum's lunch after taking 50% of the decentralized exchange (DEX) market recently. In one instance, it even reached a staggering 89% market dominance.
Ross Ulbricht's wallet lost $12 million due to a liquidity addition mistake in a Pumpfun token transaction.
TRUMP, a meme coin launched earlier this month on Solana, is available as a payment option at several of President Trump's online merchandise stores.
JellyJelly Solana Token skyrocketed to a $250 million market cap, highlighting its strong demand for the new JellyJelly app.
The AUSD stablecoin is now officially live on Solana, surpassing $20 million in issuance and boosting on-chain payments & DeFi growth.
Solana (SOL) has been navigating extreme volatility as the broader market shifted from bearish to bullish within hours yesterday. After experiencing a sharp 25% decline from its all-time high (ATH) in less than two weeks, SOL tested a crucial demand level and is now making an attempt to recover lost ground.
Shortly before assuming the presidency, Donald Trump launched his own meme coin on Solana. Melania Trump followed suit a day later.
"We want crypto DeFi to expand access to institutional-quality products," said Apollo Partner Christine Moy.
Pump.fun surpassed Solana and Ethereum in 30-day trading volume, with Solana generating over $119.33 million in monthly fees, while Ethereum recorded $142.57 million. Data from DefiLlama showed that Pump.fun recorded $295.53 million in trading volume in the past 24 hours.
SafeMoon V2 (SFM) has been thrust into the limelight again following a 115% surge over the past 48 hours. With SFM's price currently at $0.
A Venmo co-founder, Iqram Magdon-Ismail, and early investor have launched a Solana token to support a future video app.
The crypto market never stands still. New players are constantly shaking up the game, challenging the old guard.
Raj Gokal, a cofounder of Solana (SOL), recently expressed some epic opinions online; the one that really stood out was his take on the future of meme coins, which have long been seen as more about humor than substance. Gokal predicted a shift: soon, meme coin portfolios will not just be a collection of playful cartoons.
Discover how a janitor turned $15 into $20,000 with a $0.08 altcoin and why IntelMarkets (INTL) could be the next big opportunity, potentially rivaling Solana's success.
Phantom, a Solana-focused cryptocurrency wallet, has announced the inclusion of Sui, a high-throughput blockchain project, in beta. Sui becomes the fifth cryptocurrency option available on Phantom alongside solana, ethereum, bitcoin, and base.
The crypto world is buzzing with excitement! Ripple (XRP) and Solana (SOL) are showing strong bullish momentum, with experts predicting new highs this month.
As January ends and February looms on the horizon, the cryptocurrency market is buzzing with anticipation for what many analysts predict could be the start of an altseason in Q1 of 2025, following the Bitcoin halving year's historical trend. This period is often marked by significant price movements in altcoins, with several already showing promising
The global crypto market cap was up 2.6% to over $3.57 trillion on Thursday, with trading volume up 17% to over $130 billion. Upbeat mood continued to dominate as the Asian trading session saw Bitcoin (BTC) hold steady following a bounce to above $105k on Wednesday.
The cryptocurrency market has experienced a trend reversal, recording a 3% surge in market capitalization over the last 24 hours.
As XRP eyes a potential surge to $4, this new AI-driven altcoin, has garnered $1.2 million from Solana whales, positioning itself as a top investment opportunity.
Crypto Autos, a global car marketplace, has integrated Solana into its system. With this, you can buy a luxury car using cryptocurrency while enjoying fast, secure, and transparent transactions.
Sui price saw 12% recovery rally on Thursday as the mood in the crypto industry improved after the FOMC meeting. Another reason for this swift uptick could be the project's integration with the Phantom wallet and its DEX protocols surpassing the $60 billion volume milestone.
SUI has surged past the key $3.9 resistance level, sparking renewed optimism among traders and investors. This breakout marks a crucial shift in momentum, signaling that bulls are gaining control after a period of consolidation.
Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.
Peru's sol has become Latin America's most stable currency, shaking off political turmoil in the nation that's had five presidents in as many years and seen deadly protests.
Analysts see potential for SUI and APT to climb to $16 and $22, respectively, by year-end 2025, driven by increasing adoption, network growth, and improving market sentiment.
The crypto market has taken a notable upswing, after the FED's decision to keep the rates unchanged at 4.25% to 4.5%. As a result, the market cap of the business has soared by 2.63% to $3.56 trillion. Traders and investors have helped shoot up the intraday trade volumes by 12.65% to $128.32 billion.
After the departure of former SEC Chair Gary Gensler, the potential approval of more spot crypto ETFs (exchange-traded funds) has become a hot topic in the industry. Recently, several altcoins, including XRP, Solana, and Litecoin, have seen filings for spot ETFs.
Litecoin, Cardano, and Sui are the hottest cryptos today, with LTC breaking out of a bull flag, ADA forming a BARR bottom, and SUI eyeing a 140% rally.