Solana price has moved into a technical bear market as the crypto sell-off intensifies after the hawkish Federal Reserve decision. Solana (SOL), the fifth-biggest cryptocurrency, dropped to the psychologically important support at $200.

Sonic and Injective partner for the cross-chain AI Agent platform, integrating Solana and Injective ecosystems via a Smart Agent Hub.

Solana's decentralized app (DApp) ecosystem exploded in November 2024, reaching a record $365 million in revenue. The post Solana DApp Revenue Soars 15x in 2024, Led by Meme Coins and DeFi appeared first on Cryptonews.

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Because it is still stuck in a descending channel, Solana is still showing bearish momentum, which suggests that the asset is under more pressure. SOL is now trading at about $210 after gradually declining, failing to maintain its prior highs of about $280.

Fartcoin, a popular Solana-based token, is up 500% in just 11 days and shows no signs of stopping. Despite the recent crash in Bitcoin price below $100,000 that caused altcoins to drop double-digits, FARTCOIN continues to trend higher.

It's been under a week since the launch of the $SOLX presale, but Solaxy's native token is taking no prisoners. After raising $350K in its first 24 hours, just five days later, that tally has skyrocketed to $2.85M.

Solana price has experienced a notable decrease in the past 24 hours, reflecting the broader crypto market cues. This drop comes after SOL hit a three-month high.

The crypto market experienced a significant downtrend recently, as the Bitcoin price fell below $100,000. Although BTC has recovered from that dip, the impact of the downfall is still visible in the remaining cryptos.

Solana's decentralized applications (DApps) revenue hits a new milestone, contributed by the surge in meme coin-related activity and other factors. During November 2024, the network clocked a staggering $365 million in revenue, as per the latest report.

Pump.Fun, the flagship dApp of the Solana ecosystem, continues to record mind-blowing numbers, increasing its revenue in the month of November.

Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.

ETFs are gaining traction in the financial world. These assets could soon take center stage in the race for crypto fund innovation.

Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.

Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.

Binance's Solana liquid staking token, BNSOL, has achieved a significant milestone, surpassing $1 billion in Total Value Locked (TVL) just three months after its launch.

Solana's (SOL) remarkable growth in the last few months has led to comparisons to Cardano (ADA), once a dominant player in the blockchain space. As Solana continues to outpace Cardano in terms of transaction speed, low fees, and overall ecosystem development, many are questioning whether Cardano can regain its relevance in 2024.

After the US Federal Reserve announced a 25 bps rate cut on Wednesday, the Bitcoin price came crashing under the $100K level to trigger the broader crypto market crash. The selling pressure was a reaction to the Fed's future monetary policy guidance for 2025 and coming years.

Bitwise Asset Management has launched a Solana staking exchange-traded product (ETP) called BSOL in Europe.

Ethereums rapid evolution could push it ahead of Solana by 2025, according to Bitwise CIO Matt Hougan. With the blockchain landscape shifting, Ethereums advancements and AI project integration are setting it up as a top contender in the crypto space.

Binance's BNSOL leads the Solana liquid staking ecosystem with its total value locked exceeding $1 billion. BNSOL Hits $1 Billion Mark Binance has announced a major milestone for BNSOL, its Solana liquid staking token.

Bitwise CIO Matt Hougan has commented on Ethereum's evolving position in the blockchain ecosystem, predicting that the platform could outperform Solana in 2025. According to Hougan, Ethereum's reputation as slow and expensive is becoming outdated as advancements in its ecosystem address these challenges.

Fartcoin hits a $1 billion market cap amid crypto market declines, driven by Truth Terminal's viral meme chatrooms influence. The post Solana meme coin Fartcoin hits $1 billion market cap appeared first on Crypto Briefing.

Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana's (SOL) staking rewards. The new product is designed to deliver superior returns and transparency, strengthening Bitwise's position in Europe's crypto investment market.

Solana-based DEX Jupiter introduces JupiterZ, featuring innovative gasless swaps and zero-slippage trading through an RFQ system, while simultaneously launching a dApp Browser for its mobile Android users.

Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025.

Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL's price has been in a retrace, dampening the hype surrounding the cryptocurrency.

Decentralized application revenue on Solana reached a new record high, mainly generated from meme coin-related transactions and tools.

Bloomberg analysts outline ETF approval timelines for Solana, Litecoin, and Hedera. Technical analysis highlights correction risks for SOL and HBAR, while LTC eyes a bullish breakout.

Crypto asset manager Bitwise has launched a Solana staking ETP in Germany while American investors await the U.S. equivalent.

Solana (SOL) price reached a new all-time high on November 22 and has surged 208% in 2024, showcasing impressive growth throughout the year. However, SOL has struggled recently, declining nearly 10% over the past 30 days as bearish indicators begin to weigh on the market.

Bitcoin's pullback after hitting a new all-time high above $108,000 has started a correction in select altcoins, signaling profit booking by the bulls.

Crypto assets have picked up bullish momentum in the last 48 hours as macro sentiments flip green. Following Bitcoin's surge to a new all-time high, altcoins have traded upwards in the same time frame.

Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).

Will Solana and XRP face further delays despite growing interest in crypto ETFs?

The Pudgy Penguins project has initiated a significant airdrop of its new token, PENGU, on the Solana blockchain, valued at $1.5 billion.

BNSOL's success is closely tied to the growth of Solana's ecosystem, which has seen its liquid staking ratio more than double in 2024.

Solana holds onto crucial levels of support as the crypto market recovers gradually from the sharp correction earlier in the day. It changes hands at $216.53, with Solana declining intraday at 2.33% so far.

PENGU's debut sparked a surge on the Solana blockchain, resulting in more transactions than the combined activity of other leading blockchains.

Bitcoin (BTC) reached an all-time high for the second consecutive day, going past $108,000 and reaching a peak of $108,286. However, the cryptocurrency declined dramatically after reaching this level and is currently trading below $104,000, down almost 3% over the past 24 hours.

Bloomberg analysts, including Eric Balchunas and James Seyffart, have speculated that Litecoin and Hedera are likely to see their ETFs approved before Solana and XRP.

Amid the altcoin recovery run, Solana witnesses a boost in network and price trends. As bulls prepare for a breakout run to $250, the on-chain growth supports the bullish trend chances.

Solana's rise challenges Cardano's market position, but can Cardano reclaim its relevance in 2024?

Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL.

The crypto universe is an arena where each asset fights for its place at the top. Recently, Solana (SOL), often hailed as a serious contender against Bitcoin (BTC) and Ethereum (ETH), has shown signs of weakness.

Bitcoin market dominance may decline over the next few weeks as altcoins are ready for another explosive period. The AI coin, IntelMarkets (INTL), is clearly one of the most promising.

The ETP, which trades under the ticker BSOL, comes with a unique advantage for investors: staking rewards. Bitwise has partnered with Marinade, a Solana staking firm, to provide these rewards.