FalconX, a crypto prime brokerage, has been holding onto 1.35 million Solana (SOL) tokens, worth $190 million, for years without even realizing it. The tokens have been sitting with them since 2021.
According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.
Developer activity surged by 10.7% for Layer 1 blockchain Solana in October.
FalconX, a prime cryptocurrency broker, failed to track 1.35 million Solana (SOL) tokens, worth around $190 million, since 2021.
The growth has not lasted long, as most of the coins are again in the red zone, according to CoinMarketCap.
TL;DR Jupiter Exchange has launched its Mobile App, designed to facilitate access to Solana (SOL) for both new and experienced cryptocurrency users. The app allows users to easily purchase Solana using various payment methods, such as Apple Pay, credit cards, and PayPal, eliminating barriers for users.
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Standard Chartered's Geoff Kendrick forecasts Solana's price could increase fivefold by the end of 2025, if Trump wins U.S. presidential race.
Solana (SOL) co-founder Anatoly Yakovenko believes meme tokens have a role to play in advancing the product-market fit of crypto projects. Yakovenko says on the social media platform X that memecoins offer something unique to the crypto industry.
Grammy-winning rapper Cardi B appears to have launched a meme coin. And insiders look to have already made $250,000 from it in just 12 hours.
Perplexity is an artificial intelligence (AI) model gaining the spotlight by its real-time web scanning to access up-to-date data. The AI recently appeared in a list of notable and feared competitors by OpenAI, ChatGPT's developer, as Finbold reported.
Solana reached a new milestone, but the token's investors have concerns.
Solana has established itself as the undisputed leader in the launch of new tokens within the crypto ecosystem. With over 87% of new tokens created on its platform, Solana significantly outpaces its competitors.
During this cycle, Memecoins, especially Solana-based ones, became the leading narrative of the crypto market. These tokens have eclipsed investors' attention and overshadowed the performance of many large-cap altcoins.
Solana price is on the cusp of a breakout from a bull flag setup, although the Bitcoin price has been interfering. Nevertheless, top analysts have concluded that SOL price will have one of the best bull markets this cycle, pulling the entire meme coin industry up after multiple bullish patterns emerged on its price chart.
Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world's largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800.
Solana's strong market interest could push it past key resistance, setting off a rally.
Solana's decentralized exchange (DEX) volume experienced a dramatic surge in Q2, largely driven by the memecoin frenzy.
Solana trimmed gains and declined below the $146 support. SOL price is consolidating and might aim for a fresh increase unless there is a break below $140.
Though the market is currently not as favorable as some traders would like, Ethereum is displaying some strength as it approaches the $2,500 mark. Despite the fact that Ethereum has been rising lately, there are questions about whether there is enough momentum to keep the trend going given the lack of noticeable trading volume.
Solana (SOL) continued its growth trajectory in Q3 2024, with a surge in investment activity despite a dip in on-chain usage.
Bitcoin price opened the week with a bang as altcoins and stocks turned green, but $65,000 to $66,500 remains a tall hurdle for BTC to overcome.
As we move into the final quarter of 2024, all eyes will be on Solana to see if it can maintain its commanding lead in new token launches.
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As we head into “Uptober,” the cryptocurrency market is buzzing with potential opportunities. While Ethereum continues to lead the charge in decentralized finance (DeFi) and smart contracts, its price struggles to find a bottom, with a 3-month return down by 18%.
Sui has become cheaper and faster than Solana, cementing its position as a formidable alternative.
Some 63% of web3 whitehats now consider hacking to be their primary job, up from 56% in 2023, according to Immunefi.
The Solana price has risen by 3.5% today, climbing to $148 as the cryptocurrency market recovers by 1.5% in the past 24 hours.
After a strong bearish pullback, the Solana price has made a significant recovery over the past few days. Moreover, by adding ~16% to its valuation during the last 30 days, it has outperformed the Ethereum price by ~8.5%. This highlights the increased adoption of SOL prices in the market.
Here's how Ethereum plans to increase its throughput capacity and compete with Solana.
Cardano (ADA) co-creator Charles Hoskinson is giving a shoutout to one of Solana's (SOL) biggest competitors. Posting to his 979,000 followers on the social media platform X, Hoskinson says that layer-1 platform Sui (SUI) is earning its spot in the crypto ecosystem. “Reading about Sui. It's good to see George's work come to life.
Bitcoin (BTC) had a reasonably positive weekend, pushing back above $63,000 after dropping to a low of $60,031 on Thursday. The world's largest cryptocurrency is up by almost 3% over the past 24 hours, reaching a high of $63,916 earlier today before sellers pushed the price back below $63,500.
An interesting dialogue took place in the crypto space today, involving prominent expert Chris Burniske and Solana (SOL) cofounder Anatoly Yakovenko. The subject of the discussion was, of course, meme coins, which have captured the attention of crypto market participants this cycle, and in particular have had a major impact on Solana's recognition and adoption.
Solana outperforms Ethereum with a 6.39% price increase since June, while Ethereum drops 30.13%, reflecting shifting investor preferences and network dynamics in the cryptocurrency market.
Solana (SOL) has experienced a challenging week, with price declines impacting investor sentiment. However, recent technical patterns suggest that the tide might soon turn.
Solana price has recovered, with the entire crypto market gaining 4.5% in the last 24 hours and briefly surpassing $150 before retracing to its current price of $149. Further, the SOL price has broken out against Ethereum, which is usually a precursor for outperformance moving forward.
When Solana plummets, savvy investors accumulate. The Sharpe Ratio almost makes us clairvoyants!
Chimpzee is preparing for its Solana expansion. It is a meme coin initiative that allows you to generate passive income while also contributing to animal and environmental protection.
Crypto analyst Alan Santana stirred the pot with his forecast regarding Solana (SOL), suggesting that the asset could be on the verge of a 20% decline, potentially bringing its price down to $121. This marks a level not seen since early August, raising questions among investors and enthusiasts alike.
Solana co-founder Anatoly Yakovenko has pointed out that memecoins have repeatedly drained the momentum out of every crypto cycle that came before them. According to him, they dominate the market, leaving other projects struggling for attention.
A bullish pattern appeared on Solana's chart, hinting at a massive bull rally ahead.
Solana (SOL) has recently garnered attention as it rebounds from recent price lows, igniting interest among traders and investors alike. Currently trading around $140.02—up 2.60% in the last 24 hours—SOL is poised for potential action.
Mikol was hospitalized with third-degree burns after setting himself on fire for his meme coin. Now, five months later, he's done.
Giko Cat, Sudeng and inSure DeFi emerged as the top gainers in the last 24 hours with a double-digit surge.
Solana's (SOL) price recently dropped to $143, raising concerns about its recovery amid the current market conditions.
The Solana price is currently $143.48, with a 24-hour trading volume of $928.94 million. Although it has dipped by over 0.50% in the past 24 hours, it remains the 5th largest cryptocurrency, boasting a market cap of $67.23 billion.
Its lightning speed and minimal fees. Today, a victim of its own success, it must meet the challenge of massive adoption.