The firm will buy validators for SOL, SUI, MONAD and ARCH networks.

Solana also appears to be closing in on Ethereum as real economic value, and application revenue metrics reached record highs.

Solana continues to dominate new token activity, with 89% of new tokens choosing to launch on the network.

Solana (SOL), the fourth-largest cryptocurrency by market capitalization, is showing strong signs of bullish momentum, following a retest of a crucial breakout level. After a recent price dip, SOL appears to be gearing up for a potential 25% rally, with traders eyeing the $260 level in the coming days.

Solana price has seen a significant boost since Donald Trump's recent victory in the U.S. presidential election. Over the past month, the price of SOL has soared by more than 40%, reflecting a broader bullish trend in the cryptocurrency market.

The bullish outlook of the crypto market along with recent meme coin listings has seen the Solana ecosystem register staggering trading volumes. Meme Coins Fuelling Solana's Growth Solana (SOL) recently flipped BNB to become the fourth-largest cryptocurrency by market cap.

Solana has risen by 1% today, yet its recent explosion in trading volume suggests that it has decisively entered a new bullish phase. The post SOL Price Set for Parabolic Rise as Daily Volume Surpasses $13 Billion – Can Solana Overtake Ethereum? appeared first on Cryptonews.

PayPal's stablecoin, PayPal USD (PYUSD), has now integrated with LayerZero, a cross-blockchain bridging protocol, allowing seamless transfers between Ethereum and Solana.

Missed the opportunity when Solana (SOL) was just $0.50? Don't worry—there's a new altcoin rising with the potential to outshine even SOL.

Explore how Sui tackles Web3 security risks with user-level and protocol-level safeguards, creating a safer ecosystem for decentralized interactions.

Surging activity in onchain and derivatives metrics suggests that Solana's bullish momentum is set to continue.

The Sui (SUI) token recently surged by 30%, reaching a high of $3.30 on November 12, 2024, generating optimism among investors. However, the rally appears to be losing momentum as the token's price has dropped back to $2.97.

DecideAI has announced the integration of its biometric identity verification solution, DecideID, into the Solana blockchain, aiming to enhance security and trust within the ecosystem. This move introduces Proof-of-Personhood (PoP) capabilities to Solana, ensuring that users are verified as unique individuals without the need for traditional Know-Your-Customer procedures.

Solana (SOL) experienced a remarkable surge, surpassing the $200 mark for the first time in years and peaking at an impressive $225.21. This sharp rise in price was propelled by a broader bullish trend across the cryptocurrency market, along with increasing demand for Solana's Layer 1 (L1) blockchain network.

SUI has recently reached a new all-time high, continuing an upward rally that began at $1.69 earlier this month. The cryptocurrency has managed to defy bearish expectations, showing resilience as it pushes past the previous resistance level.

TL;DR Solana's DEX ecosystem achieved over $5 billion in daily trading volume for three consecutive days, highlighting its growing prominence in the DeFi space. Raydium and Orca were significant drivers, with Raydium accounting for 62% and Orca 22% of the total trading volume.

Story Highlights Popcat (SOL) price achieves a new ATH today! Floki memecoin is less than 30% away from achieving a new all-time high. Technical sentiments record extreme greed. With a surge of 31.07% in its 24-hour trading volume to $75.3 billion, the memecoin category has added 16.47% to its valuation during this period.

The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital's recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth of Ethereum.

Robinhood lists XRP, SOL, ADA, and PEPE, expanding crypto offerings to U.S. customers amid a shifting regulatory landscape.

TL;DR VanEck launches a new ETN based on the SUI blockchain, now available in 15 European countries, as part of its strategy to expand crypto offerings. The SUI blockchain, developed by Mysten Labs, is known for its scalability and user-friendly design, making it suitable for DeFi and gaming applications.

Solana eyes a new record high by November's end, driven by a descending triangle breakout, pro-crypto policies, and a bullish setup against Bitcoin.

Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.

With 2024 coming to a close, CoinGecko has released its roundup of the most popular blockchain ecosystems of 2024.

The crypto market is once again in a bullish phase as Bitcoin's price surged past $93,000, setting a new all-time high for the fifth time in a week. This rally has also spurred growth across altcoins.

VanEck Europe, the European arm of the prominent global asset management firm VanEck, has introduced a new exchange-traded note (ETN) based on the SUI token in Europe. The SUI ETN allows investors in over 15 European countries, including some non-EU nations, to gain exposure to SUI without needing to directly hold the asset.

Solana has broken above $200 with increasing volume and TVL reaching $7.59 billion, supported by growing ecosystem activity and strong technical indicators, though questions remain about the sustainability of memecoin-driven growth.

Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021

Solana rallies to $218 with its ecosystem booming. Can SOL break $225 or is a pullback looming?

With these additions, Robinhood now offers 19 different cryptocurrencies for trading. The decision from Robinhood to add these new coins comes after listening to feedback from its customers, who have been asking for more choices.

The data showed that aggregated Solana DEX's trading volume gained over 123% in the past seven days to reach over $30.49B.

SUI and APT surged, but SUI may outpace APT in gains because of strong market metrics.

Frog-themed meme coin Pepe (PEPE) surged to a new all-time high thus triggering a significant spike in whale trading during the past 24 hours.

VanEck has launched its new SUI ETN, now available on Euronext exchanges in Amsterdam and Paris, providing investors with indirect access to the Sui blockchain without the need to hold its tokens directly.

For the first time since November 2021, Solana's (SOL) price has retested the $220 level. This has fueled more speculation that the altcoin may be poised for new all-time highs.

VanEck introduces a new financial product backed by SUI tokens, enhancing investor access to the Sui network, known for substantial growth in DeFi and TVL.

VanEck Europe launched a new exchange-traded note (ETN) based on SUI today. This product is available in 15 European countries and is one of several new VanEck ETNs in this market.

Key Points:

Solana (SOL), the fourth-largest cryptocurrency has gained notable attention from the cryptocurrency community as it breaks out of bullish price action patterns. Following the breakout, SOL is currently consolidating near the support level of $204, indicating potential accumulation before a major rally begins.

Solana's recent price decline appears to be a retest of the breakout level, which is a bullish signal.

The makers of Solana NFT marketplace Tensor are teasing a new SocialFi app called Vector.fun, which could be poised to take on Pump.fun.

Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood's total crypto offerings to 19 assets.

Binance introduces Earn Wednesday, offering limited-time rewards across Simple Earn, ETH Staking, SOL Staking, and more. Discover flexible and locked products available on a first-come, first-served basis.

Payment financing (PayFi) network Huma Finance launched its protocol on Solana. The expansion to this blockchain network expands Huma's ability to provide instant liquidity solutions for global businesses and meet the demand for affordable, accessible and secure on-chain payment financing, Huma said in a Wednesday (Nov. 13) press release.

The crypto-friendly trading app Robinhood has considerably expanded its altcoin offering for its United States customers just a week after Donald Trump's reelection as the next U.S. president, which is expected to usher in a more favorable regulatory environment for crypto.

Solana price has been in a bullish rally over the last week, fueled by a recent surge in the crypto market, with Bitcoin price reaching new all-time highs above $93,000. Despite a slight pullback today, analysts suggest that Solana's price momentum could continue upward, potentially reaching $300.

The Arkham Exchange is finally live with an initial trading of Bitcoin (BTC), Ethereum (ETH) and some top altcoins. After weeks of preparation, the trading platform which many believe might challenge Coinbase Exchange is finally launched.

Retail trading giant Robinhood is announcing the addition of new crypto assets to its burgeoning suite of products. In a new press release, Robinhood says its adding smart contract platforms Solana (SOL) and Cardano (ADA), memecoin Pepe (PEPE), and XRP.