As more and more reports signal for Solana (SOL) finally exceeding all EVM blockchains by on-chain trading volume, pseudonymous DeFi expert @jpn_memelord decided to study this phenomena. According to his data, the picture looks way more sophisticated, and Ethereum (ETH) might still be "the king.

Ethereum's creator Vitalik Buterin announced the network's next step, which happens to be cutting off the extra weight. He calls it “The Purge.

Bitcoin dominates the crypto market and leaves Ethereum far behind. Is this already the end of Ethereum?

Litecoin's average holding period of 2.6 years surpasses Ethereum.

Cryptocurrency market, over $259 million was wiped out due to liquidations, with Ethereum taking the brunt of the losses at $73.16 million. This dramatic shift comes on the heels of significant price fluctuations in Bitcoin, which swung between $67,000 and $65,400, adding to the market's volatility.

Shiba Inu's marketing lead Lucie on Saturday expressed immense support for Ethereum and its co-founder Vitalik Buterin amid rising FUD for ETH across the crypto space. The SHIB community bolstered the second-largest crypto by market cap amid rising market concerns attributable to large selloffs by the ETH Foundation and Buterin.

Vitalik Buterin's “The Purge” aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical debt for better efficiency.

In response to a post by a crypto enthusiast, identified as Hexologist on X, asking the Ethereum co-founder to stop dumping Ethereum, Vitalik Buterin clarified that he has not sold any ETH from his personal holdings in the past month. Meanwhile, he admitted that his Ethereum Foundation has made some sales.

Vantard, a new player in the meme coin space, made a notable debut on 22 October 2024, with its first presale round raising $500,000 in minutes. This launch has quickly positioned Vantard as a contender among other blockchain platforms, including Ethereum and Sui.

Ethereum's share of the market isn't as high as it once was. Is it time to worry now?

Arkham Intelligence has added Solana's blockchain data to its tools. Users can now track and visualize a wide range of on-chain Solana operations.

Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range in the past 24 hours and is currently trading in the $67,000 level. Major altcoins such as Ethereum, Solana, and Ripple have experienced declines over the past 24 hours.

Solana (SOL), a layer-one blockchain, has had a strong start in 2023, recently recording a 17% gain within a week. The cryptocurrency saw a surge, moving from the $150 support level to over $170 before stabilizing.

Cardano is set to unveil its first permissionless Layer 2 (L2) solution, positioning itself ahead of other blockchains like Ethereum.

The layer-1 cryptocurrency Solana has traded sideways for the past 7 months, struggling to sustain above $200 level. However, as no trend remains the same in tradable assets, the Q4 bullish sentiment could be a suitable opportunity for SOL price to surpass the overhead barrier.

Ethereum (ETH) has experienced a lackluster phase in recent weeks, with the asset seeing small price surges but still struggling to hold near or above the $3,000 mark after a brief rally in August. According to a recent analysis from a CryptoQuant analyst, the behind the scenes of this price struggle for ETH has been quite interesting, with the asset seeing a significant shift in its netflow.

Vitalik Buterin, a co-founder and the frontman of Ethereum, has responded to a critic, clarifying the recent large ETH sales conducted by the Ethereum Foundation.

On Crypto Banter's ‘podcast' the analyst opened up about understanding where to take profits is crucial because not all tokens will reach all-time highs. For example, Bitcoin dominance is rising, a good signal for altcoins to surge. As the market transitions from Bitcoin hype to Ethereum and then altcoins, retail investors play a big role.

After a small jump, the crypto space withstood a massive fall, whipping nearly $70 billion from the market. Solana's price had raised above the seven-month descending consolidation and was believed to face a small pullback.

Lido DAO has taken a big step toward decentralization by voting to add a community staking module, moving closer to a fully open and permissionless staking protocol.

Ethereum (ETH) has faced significant challenges. As Bitcoin maintains a slight upward trajectory, Ethereum has notably underperformed, dropping 2.38% in the last 24 hours—making it the largest loser among the top ten cryptocurrencies by market capitalization.

Ethereum is the laggard in this bullish cycle. When Bitcoin soared to register fresh all-time highs, easing past $70,000 in March, ETH prices struggled to break $4,000.

Here's how this $454,000 loss underscores the inherent risks of investing in memecoins.

Solana sees $26 million staked amid a memecoin surge.

The crypto market experienced its second-largest liquidation event in October as both Bitcoin (BTC) and Ether (ETH) saw a sharp price drop. The total liquidations on October 23 amounted to $261 million, with $203.5 million of that wiped out from long positions.

The Solana native coin is generating news as it goes against the trend, lately surpassing $176 in a move that has piqued the crypto world's interest. This gain is especially surprising given the sour mood around the crypto just weeks ago, with several analysts predicting the altcoin would suffer.

Ethereum co-founder Vitalik Buterin has outlined key steps for Ethereum's scaling, emphasizing the role of Helios, a multichain light client. Following ETH's path toward scalability and decentralization, Vitalik Buterin noted that implementing Helios and similar solutions to mobile and desktop wallets is crucial for light client verification on Ethereum's Layer 1 and Layer 2 networks.

Transaction-related fees on Solana (SOL) surpassed $11 million on Oct. 24, marking a new all-time high, according to Blockworks Research data. The metric is called “real economic value” (REV), which includes transaction fees and MEV tips for validators.

The current market sentiment is quite confusing and unpredictable regarding whether the price of the asset will rally or crash. Given the current market conditions, an Ethereum Whale that holds nearly $23 million worth of ETH has dumped its entire holding after holding it for 10 months.

Arkham Intelligence, the crypto data tracking platform, has expanded its offerings by adding support for Solana's on-chain data. This allows users to track transactions on the Solana network and get notifications when something happens, which was a missing feature for many observing the Solana ecosystem.

Behind the scenes of Ethereum price struggles comes increased netflows to derivative exchanges, which signal potential market volatility.

Solana (SOL) price has risen 12% over the past week, and recent developments suggest there could be even more room for growth. With the Relative Strength Index (RSI) dropping to 61 from overbought territory, SOL now has space to move upward without immediate selling pressure.

ETH/BTC ratio drops to 0.037, lowest since April 2021. Key support zones identified at 0.038 and 0.035 BTC levels.

Liquid staking protocol Lido launched its Community Staking Module (CSM) on the Ethereum (ETH) mainnet on Oct. 25. The CSM allows any user staking ETH to become a solo validator.

Solana surpasses Ethereum in real economic value as fee revenue surges, driven by memecoin activity.

Solana (SOL) has shown remarkable strength in recent weeks, surging by 32% over the past fifteen days. This impressive price action has positioned SOL as one of the top-performing assets, outpacing Bitcoin and many other altcoins.

Ethereum users have recently encountered a sharp increase in transaction fees, which surged to over $4 amid the excitement surrounding a new Layer 2 (L2) token airdrop. This spike marks the third notable increase since the Dencun upgrade, which was intended to streamline transactions and reduce costs.

Solana (SOL) continues to be the talk of the crypto town thanks to heightened on-chain activity since active addresses are going through the roof.

Solana (SOL) co-founder Anatoly Yakovenko says that the project's biggest competitor is now Coinbase's Ethereum (ETH) scaling solution. In a new interview on the Unchained Crypto YouTube channel, Yakovenko says Coinbase's Base has become Solana's biggest rival due to the amount of network activity.

LidoDAO has launched the Community Staking Module (CSM), a major advancement for solo staking on the Ethereum network. This new feature simplifies access to staking by lowering the entry requirements for node operators.

Cryptocurrency markets are trading lower despite whale transactions rising. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,789.25 -1.9% Ethereum (CRYPTO: ETH) $2,471.40 -2.5% Solana (CRYPTO: SOL) $167.86 -5.4% Dogecoin (CRYPTO: DOGE) $0.134 -5.6% Shiba Inu (CRYPTO: SHIB) $0.00001721 -3.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 12.5% and daily active addresses dropping by 6.3%.

Japanese financial leaders propose crypto ETFs focused on Bitcoin and Ether. The post Japan's financial group pushes for Bitcoin and Ether for crypto ETFs appeared first on Crypto Briefing.

Solana Telegram bot ecosystem hit a new milestone yesterday, with trading volume reaching $211 million, as reported by Dune Analytics.

The growth has positioned Solana on the path to extending its rally past $200.

In the United States, issuers are seeking to register ETFs for Solana and XRP ahead of the November presidential elections.

Solana's (CRYPTO: SOL) network on Oct. 24 reached a record high in real economic value, totaling $11,089,500 from transaction fees and Maximal Extractable Value (MEV) tips. What Happened: This milestone comes as Solana gains traction against Ethereum (CRYPTO: ETH), surpassing it in transaction fees and MEV tips since Oc.

Data from TradingView on October 25 indicated that the ETH/BTC ratio had fallen briefly below 0.037. The rate was the lowest the pair had reached since April 2021, marking a 30-month low.