Multicoin Capital has proposed SIMD-0228, which is expected to transition the Solana network's current token emission model to a variable-rate system
Solana has captured the spotlight this week with its volatile price action, demonstrating resilience amidst market uncertainty. After dropping to a low of $168, SOL surged over 22% to reach $207, signaling renewed strength and bullish momentum.
SOL has clear short-term reasons to target $220, but a "sustained" ride isn't guaranteed.
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Ripple CEO Brad Garlinghouse has addressed discussions surrounding the potential establishment of U.S.-backed strategic crypto reserves. Speaking at the CfC St. Moritz conference, Garlinghouse shared his perspective on the possibility of cryptocurrencies like XRP, Solana (SOL), and USDC being included in national reserves.
According to the proposal, excessive inflation could result in more concentrated ownership and is not essential for securing the network.
Crypto assets faced a bumpy ride over the last seven days, resulting in huge outflows in institutional and retail markets. Like Bitcoin (BTC) and Ethereum (ETH), Solana was among the affected assets that recorded negative weekly figures after showing signs of a bullish uptick.
Oracle platform Switchboard becomes the first crypto startup to launch a Jito node consensus network. The on-chain oracle provider announced on Jan.16 that it was launching the first Jito (JTO) node consensus network on the Solana (SOL) mainnet.
Amid the ongoing market recovery, Solana (SOL) is poised for a massive upside rally, as it has formed a bullish price action. Whereas, President-elect Donald Trump seems to be prioritizing SOL and XRP for America's first strategic reserve.
Bullish momentum has returned in the general crypto market bolstering major digital assets such as Solana toward an upward direction once again. As SOL gains traction, certain key indicators and chart formation are pointing to a potential upsurge for the altcoin in the upcoming weeks.
Solana (SOL) is currently consolidating within a narrow price range, caught between bullish and bearish pressures. This tight trading pattern is often a precursor to a breakout, and many analysts believe that the next big move could be imminent.
With lawsuits still pending over Solana's classification as a security, SOL ETFs will likely have to wait until next year for their debut.
Trump's crypto strategic reserve could benefit XRP and Solana, fostering industry growth and shifting US regulatory approaches.
Innovating Capital General Partner Anthony Georgiades joins CoinDesk to discuss XRP's recent rally that sent the token's price to a high above $3.00. Plus, he weighs in on the rumors around a crypto reserve under the Trump administration.
Solana protocol Tapestry raised $5.75 million in a Series A round co-led by Union Square Ventures and Fabric Ventures.
A leak has revealed the incoming Trump administration could create a wider crypto reserve—prioritizing U.S.
"Close the day above $210, and my first target is $330," one analyst stated.
Two crypto market observers raised concerns to CoinDesk over the idea of expanding a potential national strategic reserve to altcoins.
It's only a few days until Donald Trump's inauguration as the 47th POTUS. The crypto market looks forward to the next four years under DJT, who favors digital assets.
Bitwise Asset Management has outlined a strong investment case for Solana (CRYPTO: SOL), emphasizing its unique architecture and potential for mass adoption. According to a report titled “The Investment Case for Solana,” Solana's high-speed, low-cost transactions, supported by its innovative monolithic design, make it a standout in the competitive Layer-1 blockchain landscape.
Es sind hervorragende Zeiten, um in den Kryptomarkt zu investieren. Zumindest wenn man sich die Entwicklungen der letzten 2 Jahre anschaut.
With its recent bullish run reaching a major milestone, XRP has broken above the crucial $3 level. Following weeks of consolidation and the accumulation of bullish momentum, the asset reached levels not seen in months before the breakthrough.
Solana has long shone as a rising star in the crypto universe, attracting developers with its speed and low fees. However, a recent drop of about 10% in network activity is beginning to raise concerns.
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President-elect Donald Trump is reportedly exploring the inclusion of US-developed digital currencies like Ripple's XRP and Solana in his proposed national crypto reserve, the New York Post reported on Jan. 16, citing insider sources.
The crypto markets underwent massive bullish action, hinting towards the beginning of a strong recovery. The popular token, Solana, surged heavily and entered the bullish range, which could suggest a potential shift in the market trend. Meanwhile, the technicals suggest it could be a bullish trap.
Solana-based meme coin FARTCOIN has surged 25% in the last 24 hours, with a 65% rally over three days.
Ross Ulbricht, Edward Snowden, or Julian Assange? Crypto degens gamble on meme coins predicting Trump's pardons.
President-elect Donald Trump appears poised to reshape US crypto policy as his administration reportedly considers integrating cryptocurrencies such as XRP, Solana, and USDC into a national strategic reserve. This potential move is part of an overarching pro-crypto stance expected to take shape through executive orders following his inauguration on January 20.
The beginning of 2025 has given the crypto market fresh hope as investors search for the next major chance to realize significant profits. Presales provide early access to tokens before they reach significant exchanges, acting as a hub for innovation and high potential.
Solana price action has taken a bullish turn, with the cryptocurrency reclaiming the critical 4-hour Simple Moving Average (SMA) and setting its sights on the $209 resistance level. This recovery reflects renewed buying interest and growing optimism among traders as SOL bounces back from recent consolidation.
With a $0.175 trading value, Rexas Finance, a newcomer to the crypto scene, is attracting interest as a possible “Solana killer.” With its creative approach to actual asset tokenization, Rexas Finance has become known as the best-performing presale in crypto history.
President-elect Donald Trump is reportedly considering an “America-first” crypto reserve strategy that prioritizes digital assets founded in the U.S., according to the New York Post.
The Solana community may vote on a proposal for lower inflation or even a deflationary network, to boost the market price of SOL and encourage long-term holding.
Solana (SOL) price has recovered from its decline despite being trapped between the moving average lines. Cryptocurrency price analysis brought by Coinidol.com.
The cryptocurrency community is eagerly anticipating Donald Trump's inauguration on January 20, seeing it as a chance to move past the tough regulations they faced during the Biden administration. According to a recent report from New York Post, President-elect Donald Trump plans to create an ‘America-first' crypto reserve that will focus on U.S.
Solana recently experienced a notable price correction, briefly falling below $170. However, the altcoin is showing signs of recovery, reclaiming the $200 level as support.
As the Bitcoin price continues to play with the $100,000 level, the next stage of the bull market could soon be upon us. Among the altcoins, Solana (SOL) is poised to lead this next rally higher.
Trump's strategic reserve plan could shift global crypto dynamics, potentially challenging Bitcoin's dominance and influencing international policies. The post Trump open to idea of establishing a strategic reserve with US-based coins like SOL, XRP, USDC appeared first on Crypto Briefing.
The crypto market today is witnessing a surge in investor interest, as a result, the market cap of the business is up 4.27% to $3.48 trillion. What goes without saying is that the trading activity shot up by an impressive 28.29% in 24 hours to $158.58 billion.
Donald Trump is open to having more cryptocurrencies such as XRP, Solana, and USDC as part of his America-first strategic reserves. This development comes as the Trump transition team has already been mulling the idea of building a strategic Bitcoin reserve.
Bubblemaps is set to launch its own crypto token, BMT, to support a new community-driven platform called the Intel Desk.
The crypto community is rallying behind Donald Trump's inauguration set for January 20, viewing it as a turning point that could reverse years of regulatory challenges faced under the President Joe Biden administration.
Solana has successfully broken above $200, establishing new support levels with technical indicators suggesting continued strength, though facing immediate resistance at $205.
US law firm Burwick Law is preparing legal action against Pump.fun, a Solana-based meme coin platform where only 0.4% of users have profited over $10,000, following controversies involving inappropriate content and the UK's decision to ban access to the platform.
Bitcoin (BTC) briefly reclaimed $100,000 after registering a jump of almost 3%, making a strong recovery after plunging below $90,000 a day prior. The increase can be attributed to fresh inflation data and regulatory developments considered bullish for the flagship cryptocurrency.
A US-based crypto law firm has announced plans to initiate legal action on behalf of investors who incurred losses due to the Solana memecoin launchpad, Pump.fun.