The cryptocurrency space has witnessed significant growth in developer activity in 2024, with Solana emerging as a surprising leader in attracting new developers, surpassing Ethereum for the first time. According to Electric Capital's 2024 Developer Report, Solana has attracted 7,625 new developers, surpassing Ethereum's 6,820 new developers.
The makers of Pudgy Penguins are launching a Solana token. Here's what you need to know about the airdrop, launch plans, and tokenomics.
U.S. asset manager VanEck has published its predictions for cryptocurrency prices in 2025, anticipating further bullish price action next year. Prediction #1: New Highs For The Crypto Bull Market VanEck expects the crypto market to reach a medium-term peak in the first quarter of 2025, with Bitcoin (CRYPTO: BTC) potentially hitting $180,000 and Ethereum (CRYPTO: ETH) exceeding $6,000.
Solana (SOL) price, a layer 1 blockchain, has shown a strong upward trend in the crypto market. Starting from early November, the price of SOL has soared, overcoming multiple resistance levels as bullish sentiment grows.
Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.
Technical analysis of Solana, Sui, and Ava highlighting key patterns, potential price targets, and risks at critical price levels.
While Solana has pared gains since hitting an all-time high above $263 in November, long-term holders are increasingly bullish.
A cryptocurrency trader has lost nearly $74,000 in just three minutes with a common trading mistake. The trader was speculating with the $RICH memecoin on Solana (SOL), losing 325.8 SOL in two poorly executed trades.
BONK finds itself under increasing selling pressure as its recent rally falters, raising concerns about the token's ability to sustain its upward momentum. Struggling to maintain its gains, the price has started a fresh drop toward the $0.00002962 key support level, indicating a possible bearish continuation.
A recent report highlights that Solana (SOL) emerged as the most popular ecosystem for new developers this year, marking a significant shift in the blockchain space.
Sol Strategies has announced plans to list on Nasdaq following a remarkable 2,336% increase in its stock since July.
Solana (SOL), the fifth-largest cryptocurrency by market capitalization, could be on the verge of a significant breakout, according to the co-founders of Glassnode, known as “Negentropic” on X (formerly Twitter).
Solana appears to be vying to retake the podium with its latest victory, becoming this year's leading ecosystem for new developers, ending Ethereum's 8-year dominance. The post Solana Beats Ethereum – Is a $500 SOL Price Now Within Reach? appeared first on Cryptonews.
Solana has claimed the top spot as the preferred blockchain ecosystem for new developers, eclipsing Ethereum's dominance for the first time in nearly a decade.
The recently published 2024 Crypto Developer Report by Electric Capital draws insights from 902 million code commits across 1.7 million repositories, showcasing trends that illuminate the industry's trajectory. According to Electric Capital, developers are the foundation of value creation in crypto.
A recent report by Electric Capital found that Solana became the ecosystem that attracted the most new developers in 2024, overtaking Ethereum. The report calculated that 7,525 developers joined the Solana ecosystem this year, while Ethereum registered 6,456 during the same period. Solana grew its developer base by 83% year-over-year, while Ethereum lost 22%.
Sui (SUI) is on a remarkable upward trajectory, exhibiting strong bullish momentum. On December 12, it surged to a new all-time high of $4.91, fueled by a 30% gain over 24 hours, making it one of the top-performing digital assets in the market.
The cryptocurrency market depends on opportunities to find initiatives with great growth capacity. Rexas Finance (RXS), an alternative to Solana (SOL), is creating a buzz in the market.
On-chain data shows $45.73 million in BONK token outflows from exchanges during December 2024, coinciding with bullish technical patterns and a 5.65% price increase in the last 24 hours.
Solana has been named the fastest-growing blockchain for new crypto developers. The report highlights Solana's 83% annual growth in developer adoption, a figure that surpasses even Ethereum, the world's largest blockchain ecosystem.
Bitcoin (BTC) reached an intraday high of $102,500 on Thursday as the crypto market staged a dramatic recovery after the crash earlier in the week. However, selling pressure forced BTC below $100,000, with the cryptocurrency down 1.24% and trading at $99,750.
Solana maintains $226 price level while achieving industry leadership in developer growth, surpassing Ethereum for the first time since 2016 with 7,625 new developers in 2024.
In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.
Over the past week, the Solana price has reflected broader market trends, experiencing a slight decline of 1.3% in the last 24 hours. This decrease has led SOL to retest a crucial support level at $226.
Despite showing a glimpse of moving higher, Solana (SOL) has once again failed to climb to the $300 mark. The inability to rise to this milestone could be linked to the dominance of Solana sellers, who have outpaced the buyers.
Exchange pool, yield, and innovations for the on-chain economy.
In 2024, 7,625 new developers used Solana ecosystem, while 6,456 developers have explored Ethereum. The post Solana Ecosystem Outpaces Ethereum in Terms of New Crypto Developers: Report appeared first on Cryptonews.
Chainalysis has expanded its coverage to include meme coins launched on the Solana-based platform Pump.fun.
On-chain metrics reveal that exchanges have witnessed $45.73 million worth of BONK outflow.
Ethereum still has the crown for total developer activity, topping the charts across every continent around the world.
Solana is reported as the fastest-growing blockchain in terms of new crypto developers, with growth that is up to double-digit in a single year. According to the Electric Capital report on Dec.
Blockchain data platform Chainalysis has broadened its scope to cover Solana's Pump.fun memecoins.
The publicly-traded crypto holding company has continued to shed previous investments as it double-downs on the Solana ecosystem.
Ethereum remained the blockchain with the most devs, and the overall population of software builders in crypto was flat, the VC firm said in its annual survey.
Solana (SOL) has faced a 23% retrace after hitting new all-time highs at $264, testing the resilience of bullish momentum. Despite this pullback, SOL's price structure remains strong, with the token holding firmly above a critical demand zone.
Solana has recorded another impressive milestone, overtaking Ethereum to become the leading ecosystem for new developers this year. This ends Ethereum's eight-year streak, having led in this particular metric since 2016.
Zeus Network has validated the first Bitcoin transaction on the Solana blockchain. On Dec. 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure.
The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin's (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week's BTC rally to over $100,000.
Over 4 million Solana-based memecoins have been deployed via Pump.fun, according to data from Dune Analytics.
If developer mindshare is any indication of innovation, then knowing something about developer activity matters.
Assessing how SOL can clear its overhead hurdles amid lukewarm demand.
In 2024, Solana surpasses Ethereum in new crypto developer growth, reflecting a global shift with rising contributions from Asia. The post Solana outpaces Ethereum in attracting new crypto developers in 2024 appeared first on Crypto Briefing.
Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, continues its strong rally, which has seen the token price increase six-fold from $3 to over $18 since its much-anticipated launch two weeks ago. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hyperliquid (CRYPTO: HYPE) $18.20 $4.9 billion +16% +43.4% Sui (CRYPTO: SUI) $4.63 $13.5 billion +9.9% +10.3% BNB (CRYPTO: BNB) $719.9 $103.7 billion +3.3% -1.7% Trader Notes: Crypto trader Daniel described Hyperliquid as the "coolest new product in years, saying it is "basically Binance, except fully on-chain with no KYC, usernames or logins.
Ethereum remains the top blockchain by total developer count, though Solana's dev ecosystem has begun to grow at a faster rate.
A crypto analyst has tipped Solana (SOL) and Toncoin (TON) to break new all-time highs as activities ramp up. Altcoins have grown significantly since Bitcoin's price moved to the $80,000 mark as traders looked to maintain buying confidence.
The price of Solana has risen to $231, rallying by 3% as Bitwise's head of research predicts that the coin could rise as high as $750 next year. The post Solana Surges Past $230 – Is a $750 Price Target Now in Play? appeared first on Cryptonews.
Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest: