According to crypto analyst Ali Martinez, the Solana price action is at a crucial level, pointing to a key support level within a parallel channel. Based on the Solana price movement in the daily candlestick timeframe, his analysis suggests that the altcoin has been trading in an uptrend channel since July 2024.
Anthony Scaramucci's SkyBridge Capital is a “much bigger Solana fan than Ethereum,” as said in a recent interview to CNBC. Solana (SOL) is a direct competitor to Ethereum (ETH) as a leading Layer-1 (L1) blockchain for decentralized applications and tokens.
Solana is attempting a bullish breakout after a corrective structure. A move above $216.90 could push SOL toward $231.72 and $246.54, while failure to hold $195.81 risks downside.
Ethereum‘s (CRYPTO: ETH) underperformance compared to other big cryptocurrencies has caused a stir in the crypto community, but its leadership maintains that its culture is the key to long-term success. What Happened: According to Devansh Mehta, public goods and governance lead at the Ethereum Foundation, Ethereum's strong, community-driven culture focused on openness, transparency and challenging authority is Ethereum's core strength.
Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.
Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view.
Solana (SOL) is making waves in the cryptocurrency market, with an increasing number of traders and investors betting on the asset's upward trajectory. Despite the volatility of the broader market, SOL is experiencing a surge in interest, with a notable 77% of top Solana traders on Binance holding long positions.
Solana's leadership in DEX volume and revenue supports the bull case in the SOL-ETH ratio.
Solana shows recovery potential through whale accumulation and ETF developments, despite recent price corrections from January highs.
Solana-based applications are now significantly outpacing Ethereum by generating revenues ten times higher, according to cryptocurrency researcher Aylo. This performance occurs despite a bear market context and a slowdown in transactions.
Solana Smart Whales took the broader crypto market by storm on Tuesday by embarking on a massive buying spree. The latest on-chain data indicated that roughly $18.5 million tokens were accumulated amid the crypto's turbulent intraday movement.
After a long downtrend, the Solana price is on an uptrend. The analyst has recorded gains on the weekly and monthly timeframes. On the other hand, the DOGE price has failed to reclaim the $0.3 level due to high selling pressure. Meanwhile, there is a new AI-based project that has been gaining attention.
The Solana blockchain network is witnessing a new breed of crypto traders, smart wallets, that are making a killing by specializing in specific crypto narratives
NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.
A widely followed crypto analyst believes that layer-1 platform Solana (SOL) is in a position to witness a nearly 2x surge.
Traders are closely eyeing Solana to gauge if it can rise 17% and reach the $243 mark.
Analysts James Seyffart and Eric Balchunas assessed the likelihood of the SEC approving various ETF products. They claimed that a Litecoin ETF is most likely but gave a few unexpected predictions.
In recent months, Solana has recorded revenues higher than Ethereum and its Layer 2 solutions, despite the overall market decline.
Solana has a track record of defying expectations - will this be another one?
Bloomberg analysts James Seyffart and Eric Balchunas have revealed their predictions for the Solana, XRP, Dogecoin, and Litecoin ETFs. As part of their predictions, they outlined the approval odds for each of these crypto ETFs.
The potential approval of a Litecoin ETF could accelerate mainstream adoption of crypto assets, influencing regulatory frameworks globally. The post DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts appeared first on Crypto Briefing.
The co-founder of Solana Labs Anatoly Yakovenko claimed Kamino produced more value than Aave, despite the lower value locked in its lending vaults.
Barstool Sports founder Dave Portnoy bought into a Solana meme coin depicting him behind bars—then sold, and then bought back in again.
Bill Barhydt, the CEO of crypto investment firm Abra Global, recently took to the X social media platform (aka Twitter) to stir the BTC community with a bold Bitcoin price prediction.
Donald Trump critic and SkyBridge Capital founder Anthony Scaramucci says Solana (SOL) is his preferred layer-1 over Ethereum (ETH). In a new interview with CNBC, Scaramucci says that while SkyBridge does own some ETH, his investment thesis focuses on SOL being more successful in the long run. “We own [ETH] in small sizes.
The analysts estimate that Litecoin ETFs filed by Canary and Grayscale have the highest chance of approval.
A bold new investment thesis from Multicoin Capital, a crypto-focused venture firm, suggests that Solana has the potential to outperform some of the most dominant names in traditional finance, including the New York Stock Exchange (NYSE), NASDAQ, and the Chicago Mercantile Exchange (CME).
The early months of 2025 have been marked by heightened volatility, fueled by geopolitical and economic uncertainty.
Sol Strategies has acquired an additional 24,374 SOL tokens for CAD $7.3M, bringing its total holdings to 214,342 SOL. As Solana's ecosystem attracts more institutional interest, the firm continues its expansion into blockchain infrastructure and decentralized applications. The post Sol Strategies Increases SOL Holdings by CAD $7.3M, Now Holds 214,342 SOL appeared first on Cryptonews.
The founder of Aave downplayed Solana's Kamino during an argument with the president of the Solana Foundation and the co-founder of Solana Labs about decentralized money markets on X. Alex Svanevik, founder of Nansen, questioned the absence of Aave on Solana, which currently boasts Kamino as its largest money market protocol.
Crypto analyst Trader Tardigrade has drawn the community's attention to a bullish pattern that has formed for Solana. Based on this pattern, the analyst predicted that SOL could witness a parabolic rally to a new all-time high (ATH) and provided a target that the crypto could reach.
Bitcoin (CRYPTO: BTC) has notably outperformed altcoins and meme coins over the recent weeks, according to a new report by on-chain data provider Nansen. What Happened: In the market analysis published on Feb. 5, Nansen reports that previous week's crypto liquidations tallying over $2 billion marks the largest wipeout in history.
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President Trump's Solana meme coin hit a low price not seen since just after launch, while other top assets remain relatively steady.
In a strategic collaboration, Virtuals Protocol integrates with the Solana network, launching the VIRTUAL token on the platform. In addition to the VIRTUAL token trading on Solana, the team has bridged with the blockchain, launching its official liquidity pool on Meteora.
Despite market turbulence, Solana (SOL) is showing resilience by maintaining a critical support level that analysts think may serve as a launching pad for further gains. A solid pricing structure may open the door for a spike toward $387 in the upcoming months, as SOL presently trades at about $204.
Ethereum (ETH), Solana (SOL), and Shiba Inu (SHIB) all hover near key price levels. Ethereum is attempting to stabilize after a sharp decline, Solana faces a potential breakdown if support doesn't hold, and Shiba Inu is struggling to regain bullish momentum.
Solana has recovered after dropping as low as $194 earlier this morning, with the alt's fundamentals putting it in a good position to recover strongly with the wider market. The post Solana Tumbles to $194 – Is the ‘Ethereum Killer' Dying? appeared first on Cryptonews.
Another week, another CoinShares report, and another billion-dollar influx into digital asset investment products. The numbers do not lie; there were $1.3 billion in inflows this time, making it five weeks straight of steady capital pouring in.
Solana has now gone a full year without experiencing any outages, a milestone that highlights its growing network stability.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
Solana has seen $16 million bump in spot inflow in the past 24 hours as it looks to turn February negative flow around.
Solana (SOL) has been one of the most talked-about blockchain platforms in recent years, boasting excessive-speed transactions, low expenses, and a growing environment of decentralized applications (dApps).
Solana's once-celebrated meme coin, POPCAT, has seen better days. Market analysts now declare it all but dead. Amidst this downturn, a new contender is making waves with its presale gains. After listing and platform launch, it aims for an astonishing 65,000% price explosion.
Solana‘s (CRYPTO: SOL) rapid growth faces a significant obstacle, according to Mert Mumtaz, Co-Founder and CEO of Helius Labs. In an interview with Benzinga, Mumtaz highlighted the lack of standardized data formats, hindering actionable insights for developers and users alike.
Despite the recent bearish sentiment, Solana (SOL) is showing signs of a potential breakout, with both technical and fundamental indicators aligning for a bullish move.
Brazil's B3 stock exchange is expanding its cryptocurrency offerings with the introduction of Bitcoin options and futures contracts for Ethereum and Solana. The post Brazil's B3 Stock Exchange to Launch Bitcoin Options and Futures for ETH and SOL appeared first on Cryptonews.