The surge in Moo Deng's value highlights the volatile nature of memecoins and the significant influence of major exchange listings on market dynamics. The post Solana meme coin Moo Deng jumps 100% on Binance Futures listing news appeared first on Crypto Briefing.
Popular Bitcoin maximalist Max Keiser has once again launched a scathing attack on altcoins, claiming that major cryptocurrencies like Ethereum (ETH), Solana (SOL), and XRP are destined to lose all value in comparison to Bitcoin (BTC).
This shift in market dynamics could lead to a reevaluation of ETH's value proposition, especially if Solana continues to gain traction.
Solana price's rally gained momentum as its ecosystem and on-chain metrics continued to perform strongly. Solana (SOL) token rose and retested the important resistance point at $180, its highest level since July 31.
The crypto market regains momentum as Bitcoin (BTC) resumes its comeback. Amid rising sentiment, smart money doubled down on Solana (SOL) and IntelMarkets (INTL), a new AI crypto. Investors who rode the “Uptober” rally and made significant gains from Jupiter (JUP) are considering diversifying their profits—a smart move.
The recent price action of Solana-based Raydium (RAY) has caught investor attention, as the decentralized exchange (DEX) token has maintained an uptrend, achieving a seven-month high.
This week, we examine Ethereum, Ripple, Solana, Dogecoin, and Binance Coin in greater detail. Ethereum (ETH) Ethereum closed the week in red, and its price fell by 6%.
Solana price may be gearing up to extend its gains after a top expert predicted it could surge to new highs if Ethereum (ETH) hits the ambitious target of $10,000. Should Ethereum price reach this milestone, the SOL price will follow suit with significant gains.
Solana, known for its speed and efficiency, has rebounded from initial setbacks to secure a niche in payments and consumer markets. The blockchain continues to evolve amidst growing competition.
Solana (SOL) has demonstrated remarkable resilience. Currently trading above the $160 mark, Solana is signaling a bullish trend amid increasing market interest and adoption.
In a notable development on October 21, Solana-based DEX Raydium achieved higher daily fee revenue than the Ethereum network.
Ethereum and Solana have plotted drastically divergent trajectories over the past week or so, causing investors eager to shift capital away from Bitcoin (CRYPTO: BTC) to sit up and take notice. What happened: Solana, often touted as the "Ethereum Killer," spiked over 13% in the last seven days, faring among the top weekly gainers.
Solana achieved a record-breaking $8.7 million in network revenue on Oct. 23, driven by growing blockchain activity and increased total value locked.
Have you ever wished you'd caught the next big crypto wave before it took off? The truth is that timing is everything in this fast-moving world of blockchain. With all eyes on the most promising projects, investors are keen to secure their place early.
Solana short sellers suffer as price unexpectedly pushed above short-term resistance, leading to a surge in liquidations.
Solana is displaying remarkable potential for recovery, and it appears that the asset may be approaching $200. The asset is currently trading comfortably above $170 after strong upward momentum was sparked by the breakthrough at $160 earlier this month.
A widely followed cryptocurrency analyst and trader is leaning bullish on one memecoin while giving his forecast on two layer-1 altcoins. The analyst pseudonymously known as Bluntz tells his 287,700 followers on the social media platform X that Dogecoin (DOGE) is “still turbo strong.
Solana's SOL has been on a tear, leading gains among the crypto market this week amid a speculative memecoin frenzy that is driving up token prices and blockchain activity. The latest trend of artificial intelligence agents pumping memecoins is also predominantly based on the Solana network.
Sharpei's insiders apparently cashed out after prominent crypto influencers denied being involved with the fast-rising Solana meme coin.
On October 25, 2024, the overall cryptocurrency market experienced a modest recovery after a price decline in the past few days. Meanwhile, Solana (SOL) and its meme-based tokens have made waves, gaining notable attention from crypto enthusiasts with their impressive price surge.
Solana co-founder Anatoly Yakovenko has rained accolade on a crucial infrastructure pioneered by Ethereum, despite the visible rivalry between both protocols. Taking to his official X account, the Solana founder said he likes the Ethereum Design and vision.
Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.
Solana (SOL), the fifth-largest cryptocurrency by market capitalization, has set a fresh record price against rival layer-1 network Ethereum, thanks to a renewed boom in Solana's network activity.
The price of Solana (SOL) has continued to rise after breaking above resistance at $160.
Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.
MetalCore will use Solana Labs' GameShift platform, which incorporates a storefront and payment systems for in-game purchases.
Solana's price recently breached the $161 barrier for the first time in over two months, signaling a strong bullish momentum. The altcoin's price surge attracted attention from traders, but despite the optimism, there are growing concerns about a potential bearish reversal.
Solana (SOL), the fifth largest cryptocurrency by market capitalization, has gained traction since the week's start and is on track to mark the third consecutive day of gains since Oct. 22.
Solana has surged by approximately 600% against Ethereum since 2023 thanks to the memecoin mania.
Ethereum's gas fees have been a headache for a long time, especially during high traffic. Now, Vitalik Buterin, Eth's co-founder, is suggesting a fix to make transactions faster and cheaper.
Binance has extended its BNSOL APR Boost Campaign, allowing SOL stakers to earn up to 10% APR. The extension is due to popular demand and aims to provide additional rewards.
Launched in 2020, Solana (SOL) has positioned itself among the top five cryptos in the world. Throughout its history, SOL has shown resilience in difficult times and has become a large market cap coin.
The altcoin market is transforming, heralding a new era that puts Solana at a crucial turning point.
The Solane market, the fifth largest cryptocurrency market by market cap, has witnessed a rise of 12.6% in the last seven days. At the start of this month, the SOL price was at $152.52. Now, it stands at $172.83. This indicates that so far, the market has seen a rise of 13.31%.
The Solana ecosystem is brewing as the market cap has surged by over 200% since the start of the year. The rise of the memecoin craze in the markets is the primary reason for the extraordinary performance. Apart from Solana, dogwifhat (WIF) & POPCAT are among the top-performing tokens within the ecosystem.
Solana (SOL) is becoming the Ethereum of this bull market. Up 30% against its USD pair since early October, $SOL is the gains leader among the top 50 cryptocurrencies by market capitalization.
Binance Coin (BNB) may be on the verge of following a similar trend to Solana's (SOL) price despite having a larger market cap than the latter. This forecast is based on the signs displayed by several technical indicators.
The meme coin ecosystem on the Solana network has surged to more than $11.7 billion and a daily average traded volume of about $3.8 billion.
Bitcoin is gaining attention again as its market dominance has surged past 57%, a level not seen since April 2021. This dominance shows Bitcoin's growing share in the overall crypto market, often a signal that investors are leaning toward its stability over more volatile altcoins.
With increased price volatility in the cryptocurrency market, top tokens have regained momentum. Moreover, altcoins such as Solana and Ripple have gained significant attention from the crypto space due to their extremely volatile price action over the past few days.
The Solana price surge has grabbed attention amid the bearish cloud hovering over the crypto market this week. What is pushing SOL price up?
The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.
The venture capital firm just released its "State of Crypto" report, and Solana stole the show.
Ethereum co-founder Vitalik Buterin has recently shared a plan to improve the gas fee structure that can boost ETH's transactions per second (TPS) by 1.5x amid the rising competition from the Solana blockchain. Buterin said that this would help to improve the transaction efficiency without compromising the network performance.
Solana price rose to twelve-week highs on Thursday, going against a market-wide struggle to stay on course for a third successive day of gains. The crypto coin traded at $173.36 at the time of writing, with gains of 1.5 percent on the daily chart.
Solana continues to offer the best returns in the crypto market, surpassing even the performance of Bitcoin and Ethereum.