Solana (SOL) hit another record: Today, it has over 75 million monthly active addresses. The surge speaks to growing popularity of the network, especially in areas like developer and user activity within the decentralized applications (dApps), DeFi, and NFT sectors.

Cryptocurrency markets are trading 5.9% higher to $2.19 trillion as crypto short liquidations spiked to the highest level since Aug. 23. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $63,485.74 +5.3% Ethereum (CRYPTO: ETH) $2,467.60 +6.6% Solana (CRYPTO: SOL) $143.74 +10.8% Dogecoin (CRYPTO: DOGE) $0.1062 +5% Shiba Inu (CRYPTO: SHIB) $0.0000142 +6.3% Notable Statistics: IntoTheBlock data shows a 1% drop in large transaction volume and a 5.7% decline in daily active addresses.

The rise in active addresses is not just a statistic; it indicates a broader trend of increased user engagement within Solana's ecosystem. Over the past year, Solana has established itself as a key player in decentralized finance (DeFi) and non-fungible tokens (NFTs).

It appears that Ethereum (ETH) is ready to take off, as investors' and traders' interest has skyrocketed in the past few days. On September 19, 2024, the on-chain analytic firm Lookonchain posted on X (Previously Twitter) that Ethereum Whale made a big bet by purchasing 2,117.7 ETH worth $5.17 million as the price surged.

Solana Mobile unveils its new model, Seeker. Previously dubbed Saga Chapter Two, Seeker gains new Web3 features.

Solana ecosystem players have eyed mobile devices since the Saga phone, and a SOL-based team just announced its web3 gaming bet.

Ethereum holders are definitely being tested by some tough times, with recent price action failing to create a bullish perspective for the digital asset. One of the major disappointments has been the performance of spot Ethereum exchange-traded funds (ETFs), which were launched in the U.S. with great fanfare.

Bitwise Investments' Chief Investment Officer, Matt Hougan, has shared his thoughts on Ethereum's current state, highlighting that it's not popular in the market right now. According to Hougan's memo, the Ethereum-to-Bitcoin price ratio has fallen to its lowest in three years, with Ethereum flatlining on a year-to-date basis while Bitcoin has surged by 38%.

Musician and meme coin creator Iggy Azalea says she canceled her appearance at Solana Breakpoint because of a dance-related dispute.

Solana Mobile has unveiled its highly anticipated Solana Seeker smartphone, designed specifically for Web3 enthusiasts. This device integrates blockchain technology, a revamped dApp store, and AI capabilities, setting a new benchmark for crypto-focused smartphones. The Seeker has already generated an impressive $70 million in pre-orders, reflecting significant interest and excitement within the crypto community.

Ether price could be on track for another correction into a triple-bottom, marking the beginning of a big rally into 2025.

Banana Gun, a Telegram-based trading bot, was compromised on September 19, leading to major losses for its users.

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Meanwhile, blockchain sleuth ZachXBT alleges three perpetrators were involved in a $243 million theft from a single Genesis creditor.

On 18 September 18, 2024, at the Token2049 event, Emmett Hollyer, General Manager of Solana Mobile, provided a detailed look into the company's upcoming Web3 crypto phone, named Seeker.

After a brutal 45% plunge triggered by Binance's actions, Neiro Ethereum (NEIRO) is making a remarkable comeback. The meme coin has surged by an impressive 51% in the past 24 hours, outpacing the broader meme market.

Xandeum, a blockchain storage layer platform on Solana, plans to unveil a scaling solution, liquid staking program, and the native token XAND on September 20, 2024. According to a press release shared with crypto.

Ethereum developers agreed to take a multi-phase approach in implementing the highly anticipated ‘Pectra' upgrade during the latest Consensus Layer Meeting on Sept. 19. The decision comes after growing concerns about the complexity of delivering the upgrade in one release, which increased the risk of technical issues and bugs.

Matt Hougan, the Chief Investment Officer of Bitwise, expressed concern over the market's tendency to overlook Ethereum (ETH) amidst its current underperformance. Despite the digital asset's decline to multi-year lows, Hougan remains optimistic about a future rebound, particularly following the upcoming U.S. elections and potential regulatory clarity in the decentralized finance (DeFi) space.

The Banana Gun trading bot suffered a major security breach, resulting in $1.9 million in stolen funds and a steep decline in its token price.

Bulls are back in the game, according to CoinStats.

Ethereum developers have decided to split the upcoming 'Pectra' upgrade into two parts. This move comes after realizing that the project had grown too big

According to recent data from Lookonchain, a wallet associated with Ethereum (ETH) cofounder Vitalik Buterin, has once again made a large Ethereum transfer. And once again, this transfer looks like a cashout by the visionary behind the major altcoin.

Commerzbank offers crypto trading services via Crypto Finance. The service will start with Bitcoin and Ethereum, aimed at specific corporate clients of Commerzbank in Germany.

Ethereum's bearish trend continues, with ETF outflows and potential price decline looming.

Decentralized finance (DeFi) platform Drift, built on the Solana blockchain, has raised $25 million in Series B funding to expand its operations, with a focus on exchange services. The funding round, led by Multicoin Capital, marks a significant milestone in Drift's growth as it seeks to become a leading player in the DeFi space.

After days of challenging conditions, the crypto market has finally lifted in terms of a bullish push. Today has been the most promising, with a 3.82% increase in the global market capitalization, bringing it to a total of $2.15 Trillion.

A Vitalik Buterin-linked wallet has moved 1,300 Ethereum, worth $3.17 million, to another wallet. The wallet has initially received 700 ETH from another wallet, which is suspected to be associated with Buterin or his relative or friend.

The Federal Reserve's latest rate cut has sent Ethereum (ETH) soaring. Trading at $2,428 as of this writing, the altcoin's value has spiked by over 5% in the past 24 hours.

The decision to split up the upgrade wasn't unexpected. Developers had been discussing previously that Pectra was becoming too ambitious to ship all at once, and expressed desires to split it in order to minimize the risk of finding bugs in the code.

It was a sea of green in the cryptocurrency industry after the jumbo interest rate cut by the Federal Reserve. Bitcoin (BTC) led the gains, cruising above the important resistance point at $63,000 for the first time since Aug. 27.

Ethereum is seeing an increase in network demand after it added more capacity with network fees up from the base minimum of 1 gwei to currently about 25 gwei for a simple transfer.

Bybit's support for Ethereum's Attackathon underscores the growing emphasis on security and innovation in the crypto industry. The post Bybit backs Ethereum's first Attackathon with 75 ETH commitment appeared first on Crypto Briefing.

On a larger scale, Ethereum's price has been declining, almost clearing all of its gains since the beginning of 2024. Yet, things might be about to change soon, which was hinted at in the developments in the past 24 hours.

Solana Mobile has announced the release of a new smartphone — Solana Seeker.

Solana Mobile announced the Seeker, its second-generation web3 smartphone, set for release in 2025 with over 140,000 pre-orders globally.

Solana Mobile, a subsidiary of Solana Labs, announces the launch of "Seeker," its second crypto-focused smartphone, scheduled for 2025. This new generation promises significant advancements over the Saga model, its predecessor.

FIDA and MEW, cryptocurrencies based on the Solana blockchain, saw noteworthy positive sentiment on Thursday as they secured vital listings. Solana Name Service (FIDA) secured a listing on Binance, whereas cat in a dogs world (MEW) scored a listing on Upbit.

Solana has been among the closely monitored tokens, due to which the volatility of the token has remained above the range. Although the volume remains within the average range, the possibility of reaching the upper targets has emerged.

The ongoing price recovery of Ethereum (ETH) might be derailed if investors price in a likely dump from the coin's Initial Coin Offering (ICO) era. Per data from crypto analytics platform Lookonchain, 10,000 ETH is on the line if this whale chooses to sell.

The supply of Ethereum on centralized exchanges has remained stagnant since March this year, despite the approval of US spot Ether ETFs.

Solana Labs subsidiary, Solana Mobile, has unveiled the Seeker, its second-generation web3 smartphone set for release in 2025 during Token2049. Emerging from its “Chapter Two” stealth phase, the device has secured over 140,000 pre-orders across 57 countries.

Solana Lab's phone-making unit Solana Mobile has just unveiled its newest, shiniest smartphone, “Seeker”, which brings various enhancements over the company's first mobile phone Saga — at less than half the price.

So far, 36 victims suffered losses amounting to nearly $1.4 million worth of Ether.

TL;DR Explosive Gains: Sui has surged by 115% against Solana since August, significantly outperforming Solana's 6% gain against Ethereum. Technical Superiority: Sui boasts a theoretical maximum of 297,000 TPS, far exceeding Solana's 65,000 TPS, with real-world performance still leading.

Bitcoin and Ethereum ETFs recorded significant net outflows, despite the U.S. Federal Reserve's announcement of a 50 basis point rate cut. What Happened: Bitcoin (CRYPTO: BTC) spot ETFs had a net outflow of $52.827 million, the first outflow after four days of inflows.

With the crypto market experiencing an increase in price action, altcoins have regained momentum by recording significant price volatility in their respective valuations. Moreover, with the rising whale/institutional activities, the on-chain data shows an increase in the accumulation of top tokens.