Despite the broader market pullback, the Solana price is up 1.74% trading at $217 as asset manager Bitwise launches the Solana staking ETP in Europe with the ticker BSOL. The announcement revived hope among Solana investors who have been waiting on the sidelines for the past few weeks as SOL consolidated around $210.

Bloomberg analysts Eric Balchunas and James Seyffart predict a significant surge in cryptocurrency exchange-traded funds (ETFs) in 2025.

The year 2024 is ending with Bitcoin touching the new ATH of $107K and maximum altcoins trading in green. Factors adding to this rally are major expectations of lower interest rate cuts in December, as it typically helped Bitcoin. Another factor that boosted this rally was the inclusion of MicroStrategy in the Nasdaq 100 index.

Key Points:

According to Messari's most recent analysis, Solana (SOL) is primed for explosive expansion in 2025, fueled by major funding, technological improvements, and growing institutional interest. Related Reading: The $589 XRP Dream: Believers Aren't ‘Delusional' Enough, Expert Says The study indicates that in the third quarter of 2024 Solana's ecosystem funding reached $173 million, the highest level since mid-2022.

Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence.

Bloomberg analysts forecast a wave of crypto ETFs, featuring XRP and Solana, in 2025 amid SEC changes and market shifts. The post Bloomberg analysts predict wave of crypto ETFs in 2025, targeting XRP, Solana, and HBAR appeared first on Crypto Briefing.

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The regulatory winds have shifted with President-elect Donald Trump and the most pro-crypto Congress ever assembled set to take office.

The crypto market is going through a period of strong turbulence, where price fluctuations are testing investors' confidence. Indeed, at the heart of this uncertain dynamic, Solana (SOL) stands out as one of the most watched assets.

Solana fights bearish headwinds, but a historical chart pattern points to a possible rally to $300 in the near future.

A wave of cryptocurrency ETFs is expected to hit the market in 2025, with Litecoin (CRYPTO: LTC) and HBAR (CRYPTO: HBAR) possibly getting approved ahead of Solana (CRYPTO: SOL) and Ripple (CRYPTO: XRP), according to Bloomberg Intelligence ETF analyst Eric Balchunas.

Solana and Ethereum have competed for dominance throughout Q4 2024. Ethereum secured over $850 million in institutional capital inflow to ETFs, while Solana attracted over $300 million in cross-chain inflows within the past week.

In a latest development, The Pudgy Penguins NFT project released its native token, PENGU, on the Solana blockchain and allowed NFT holders to claim tokens via an airdrop. Holders of Pudgy Penguins, Lil Pudgys, Rogs, and soulbound tokens (SBTs) were eligible to participate in the airdrop, which went live at 8:00 a.m. ET.

The Pudgy Penguins token PENGU is live on Solana, with $1.5 billion worth of tokens offered to NFT holders, traders, and beyond.

Bloomberg analysts, including Eric Balchunas and James Seyffart, have predicted that the Litecoin and Hedera ETFs could launch before the Solana and XRP ETFs. These analysts also provided insights into why they hold such beliefs regarding the crypto ETF landscape.

Solana price has surged significantly since early November, riding a bullish wave across the cryptocurrency market. This upward trend is driven by Bitcoin's rally past $108K, boosting overall investor sentiment.

Pudgy Penguins has officially launched its PENGU token on the Solana blockchain, with burning set up in 88 days. The post Pudgy Penguins Launch PENGU on Solana With Multichain Plans Ahead appeared first on Cryptonews.

Solana has risen by 2% in the past 24 hours, with Messari's Crypto Theses 2025 report predicting that it will continue growing for the foreseeable future. The post Messari Experts Call for 2025 Solana Surge – Is SOL on Track for $750? appeared first on Cryptonews.

Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, has caught the attention of cryptocurrency enthusiasts after rising almost 800% in three weeks. What Happened: Pseudonymous analyst Fmoulin wrote a detailed analysis of HYPE in a post on X on Sunday, diving into the project's revenue potential and growth opportunities.

Solana is navigating a critical juncture as its price edges toward the $209 mark under increasing bearish pressure. Recent market dynamics have tilted in favor of the bears, challenging SOL's previous upward momentum.

XRP is getting closer to breaking through its descending resistance line, which could signal a recovery. The asset has been battling within a declining trend for the past few weeks, but if momentum keeps building, its recent price movement suggests a potential recovery.

As the Bitcoin price made it above $107.7, marking a new ATH, a notable tussle is seen between the bulls & the bears. While the price action suggests the dominance of the bears, the technicals remain in favour of bulls.

The cryptocurrency market is dominated by Solana (SOL) and Ethereum (ETH), but a new player is quietly rising to disrupt the status quo. Rexas Finance (RXS), an under-$1 altcoin, might revolutionize the blockchain scene in 2025.

Bitcoin's ongoing rally has recently hit a new high, surpassing $107,000. This surge comes after President-elect Donald Trump announced plans to create a U.S. Bitcoin strategic reserve. With all the excitement building, top crypto analyst Michael van de Poppe now predicts Bitcoin could skyrocket from $300,000 to $500,000 in this cycle.

The cryptocurrency market is buzzing with the bullish momentum enjoyed by Bitcoin (BTC), which is also driving altcoin resilience. A closer analysis of market performance in the fourth quarter (Q4) of 2024 reveals interesting details of the dynamics characterizing assets like Ethereum (ETH) and Solana (SOL).

The PENGU token is launching on the Solana network, with Ethereum and Abstract Chain compatibility to follow.

Cyberpunk City, an upcoming Free 2-play AAA Hero Shooter Battle Royale Game, will move to the Solana Blockchain in early 2025. The migration will provide faster transactions, lower fees, and better game dynamics, and more users are expected to sign up

Solana-based storage scaling solution Xandeum has completed its six-week liquid staking program, disbursing an impressive 205 million XAND tokens in rewards in the process. The program saw 68% of Xandeum's circulating supply staked, a testament to the platform's positioning as one of the most attractive staking options on Solana.

Rexas Finance (RXS), a blockchain platform transforming real-world asset (RWA) tokenization, is rapidly attracting attention in the cryptocurrency sector. At present, valued at only $0.15 during its stage 10 presale, RXS is positioning itself as a strong competitor to Solana (SOL).

The year 2024 has been an eventful year for the cryptocurrency sector, especially when viewed from the perspective of ETFs. The trading of spot Bitcoin ETFs and spot Ethereum ETFs was approved by US regulators.

Story Highlights The live price of Solana crypto is . Solana price could reach a potential high of $280 in 2024. With a potential surge, the SOL price could hit $1,351 by 2030. Solana is coming true to its community-claimed title, “Ethereum-Killer” as it gradually surpasses Ethereum in the decentralized market.

The British market regulatory authority urges caution regarding a specific memecoin.

A widely followed crypto analyst says that Ethena (ENA), a synthetic dollar protocol built on Ethereum (ETH), looks primed to continue its red-hot streak.

Bitcoin (BTC) surged past $107,000, reaching a new all-time high of $107,780 after President-elect Donald Trump reiterated his plans to create a US Bitcoin strategic reserve similar to the country's strategic oil reserves. BTC is up 2.42% over the past 24 hours and 10% over the past week as its post-election rally continues.

UK FCA warned that Retardio is “not authorized,” asking users to “avoid dealing with this firm and beware of scams.” The post UK FCA Issues Public Notice Against Solana Meme Coin Retardio appeared first on Cryptonews.

Billy Markus, the founder of Dogecoin, also known as Shibetoshi Nakamoto, has recently listed his top five favourite cryptocurrencies. The first on Markus's list is Dogecoin, which is quite expected since he is one of its creators.

Bitcoin and Ethereum have led top crypto asset gainers following the last price rebound. Most traders expect a positive run based on both assets, citing growing institutional demand and the decentralized finance (DeFi) ecosystem.

Solana's price recently encountered a setback after failing to break above the $234 resistance level, briefly dipping to as low as $204 on December 10. Despite this temporary decline, the blockchain's underlying fundamentals remain strong, and experts believe that Solana could see a significant upward movement if it can successfully breach this critical price point.

As the year draws to a close, Ethereum rivals are gaining traction in the cryptocurrency market. Investors are focusing on altcoins with high growth potential, expecting substantial returns before January 2025.

The UK Financial Conduct Authority (FCA) has boldly called out crypto project Retardio Solana for unlawful practices in the region. As detailed in a publication on Monday, the regulator said Retardio Solana has been promoting and providing financial services or products without permission.

Sustained demand from buyers has pushed Bitcoin to a new all-time high, opening the doors for a rally toward $113,000.

According to Messari's 2025 Crypto Theses Report, Solana could have another strong year, fueled by $173 million in funding in Q3 2024—the highest quarter since Q2 2022. A spot SOL ETF feels increasingly inevitable.

Solana has continued to grow, clinching new milestones per daily net capital inflow as measured by the Artemis protocol.

Solana has risen by 0.5% in the past 24 hours, as a new report finds that its network is the most popular among new crypto developers. The post Report Suggests New Developers Prefer Solana – Can This Push SOL to $500? appeared first on Cryptonews.

Ethereum price holds steady amid heightened investor interest ETH/USD has held steady above the previously strong resistance zone of $3,750 for close to a week; trading close to the 9-month high it hit earlier in the month.

Drake's X account was hacked and used to promote a fraudulent Solana-based meme coin, resulting in $5 million in trading activity before being exposed as a scam.