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news-imageOctober 17, 2024

Solana Targets $160 Resistance As TVL Hits New Yearly Highs

Solana is testing a crucial supply level around $160 following a strong 15% surge since last Friday. The crypto market is experiencing heightened volatility as optimism grows, increasing token prices.
Publisher: NewsBTC
Sentiment: Positive
SOL

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cover-imageCoingape
October 17, 2024

What's Behind Solana Price Drop Today?

The Solana price is down over 4% today, just two days after reaching a weekly high at around $158. This price decline is due to several factors, including a drop in Solana's network activity between October 16 and 17.

Positive
cover-imageThe Currency Analytics
October 17, 2024

Solana Aims for $200 with Active Addresses Surpassing 4.5M

Solana (SOL) is making waves in the cryptocurrency space, successfully holding a crucial psychological price point of $150. With a market capitalization nearing $72.15 billion, the altcoin is positioned for potential growth, significantly fueled by an impressive increase in daily active addresses.

Positive
cover-imageCrypto news
October 17, 2024

Solana's Maneki reveals Sheffield United shirt deal

Maneki, a Solana cat-themed meme coin, has announced a sponsorship deal with English Football club Sheffield United. Solana-based Maneki (MANEKI) and Sky Bet Championship team Sheffield United unveiled the first-ever football shirt sponsorship featuring a meme coin.

Positive
cover-imageNewsBTC
October 17, 2024

New Grayscale ETF Aims To Include Major Cryptos: Bitcoin, Ether, Solana, And XRP

Crypto asset manager Grayscale is in the process of converting its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), according to Bloomberg ETF expert Eric Balchunas. The strategic move aims to provide investors with a diversified portfolio that includes major digital assets such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP and Avalanche (AVAX).

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cover-imageThe Currency Analytics
October 17, 2024

FTX Unstakes $28 Million in SOL, Raising Concerns of a Market Selloff

FTX and its associated trading firm, Alameda Research, made a significant move by unstaking 178,631 Solana (SOL) tokens, valued at around $28 million. This action has sent ripples of concern through the cryptocurrency community, particularly among Solana investors who are apprehensive about the implications of such a large-scale unstaking on the market.

Positive
cover-imageCrypto Economy
October 17, 2024

Crypto Hits New Heights: a16z's Report Highlights 220M Active Addresses with Solana Dominating

TL;DR Record Crypto Activity: a16z's 2024 report reveals 220 million active blockchain addresses, tripling since late 2023, with Solana leading at nearly 100 million active addresses. Stablecoins and DeFi Growth: Stablecoins processed $8.5 trillion in Q2 2024, surpassing Visa's volume, while DeFi and Web3 gaming drive significant on-chain transactions.

Positive
cover-imageCrypto Daily
October 17, 2024

Crypto Price Analysis 10-17 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, TONCOIN: TON, DOGECOIN: DOGE, APTOS: APT, CELESTIA: TIA

Bitcoin (BTC) briefly climbed to $68,261 as the crypto market remained posted further gains as optimism grows around riskier assets such as cryptocurrencies. BTC bulls are confident the world's largest cryptocurrency will reach a new all-time high, with the US election outcome also set to play a vital role after both candidates spoke in support of crypto.

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cover-imageCryptoGlobe
October 17, 2024

Record Crypto Activity in 2024, Led by Solana's 100M Active Addresses: Report

The “2024 State of Crypto” report from a16z Crypto, the cryptocurrency-focused arm of the venture capital firm Andreessen Horowitz (a16z), presents an in-depth look at the significant advancements in the cryptocurrency space, revealing an industry that has not only grown but also evolved in key areas like political relevance, infrastructure, and user adoption.

Positive
cover-imageZycrypto
October 16, 2024

Ripple's XRP, Solana, And Avalanche In Focus As Grayscale Pushes To Broaden Crypto ETF Lineup

Digital asset manager Grayscale has filed a highly noteworthy proposal with the United States Securities and Exchange Commission (SEC). The filing seeks to convert its current Digital Large Cap Fund (GDLC) — which includes Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple's XRP, and Avalanche (AVAX) — into a spot exchange-traded fund (ETF).

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