Solana is in a decent market position right now, but it may get better soon.

Whales Demonstrate Confidence in Solana A notable whale recently withdrew 206,111 SOL, valued at around $36 million, from Binance to stake in a personal wallet, reflecting strong interest in the asset and a bullish sentiment. This whale currently holds approximately 38,043 SOL staked, worth over $6.6 million.

It was a sea of red in the cryptocurrency market on Tuesday as investors positioned themselves for the US election and the Federal Reserve interest rate decision. Bitcoin fell to $67,900, while Solana (SOL), Popcat (POPCAT), and Mantra (OM) fell to $158, $1.2, and $1.28, respectively.

Investigations reveal how hackers exploited Metawin Casino Ethereum and Solana hot wallets for $4M.

XRP has been stuck in a downward trend since the end of October and is finding it difficult to pick up steam. The chart displays a distinct downward trendline that has served as a barrier that XRP has been unable to overcome.

The number of monthly active addresses on the Solana (SOL) network has reached 138 million this month, after seeing exponential growth throughout the year amid a wider cryptocurrency market recovery. According to data from Artemis, Solana had around 13.

The US presidential race could determine the fate of more than half a dozen proposed crypto ETFs.

Can Solana's demand sustain its bullish trend? Whales may have their say.

Solana (SOL) has seen a laudable growth in its transaction volume metric. Per the experienced growth, this metric peaked at around $224 billion in a single day.

VanEck said the Solana (SOL) network's high user engagement and transaction volume largely reflect its low-cost, high-throughput design despite substantial revenues stemming from speculative memecoin activity. The firm's latest analysis comes in response to speculation that Solana's numbers are inflated by wash trading in memecoins.

The cryptocurrency market is gearing up for a potential bull run amid investors' bullish anticipation for the U.S. presidential election, and Bitcoin is inching closer to All-time-high. Amid the renewed uptrend, prominent crypto analysts have set an ambitious $1,000 target for SOL.

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As the crypto market potentially prepares for a new bull run, investors are closely examining projects that offer exceptional performance as well as solid and innovative use cases. In this volatile universe, cryptocurrencies like Solana (SOL), Cardano (ADA), and XRP could stand out, as they combine speed, scalability, and adoption in the financial sector.

Bitcoin price trades below $70,000 as traders derisk ahead of the election. Will altcoins follow this trend or take advantage of BTC's consolidation?

The rates of most of the coins have come back to the green zone, according to CoinMarketCap.

The latest crypto high-profile platform to be targeted by the bad guys is Metawin. According to reports, hackers broke into the withdrawal system of the crypto site and stole more than $4 million worth of digital assets.

TL;DR Last week, digital asset investment products saw inflows of US$2.2 billion, bringing the total to US$29.2 billion so far this year. Euphoria surrounding a possible Republican victory in the US elections drove these flows, although small outflows were seen on Friday as polls changed.

This year, 2024, will go down as a very good year for Solana which, on every meaningful metric, has put every other chain in the shade.

Solana has dipped by 0.5% today, yet a new craze for Peanut the Squirrel-themed meme coins could help it recover quickly. The post Solana Meme Coin Craze Explodes After Peanut the Squirrel's Viral Story – Will SOL Price Follow? appeared first on Cryptonews.

Solana, Shiba Inu, and XRP are at key levels. Will they break out or face more selling pressure?

Sui has emerged as a noteworthy competitor in 2024, recently eclipsing both Solana (SOL) and Ethereum (ETH) in terms of net inflows. This significant achievement not only highlights Sui's growing influence but also raises questions about the future trajectory of its price amidst current market dynamics.

Solana's rapid growth, driven by meme coin trading and user engagement, highlights its competitive edge over Ethereum in user activity and transaction efficiency.

Solana's price has slid another 8% over the past week, casting further doubt on its chances of recovering above the $200 mark as 2024 draws to a close.

Solana (SOL) price remains in a consolidation phase, reflecting the broader cryptocurrency market's sluggish momentum. Despite a robust surge last month, SOL has since moved sideways with no clear breakout signals.

Latest updates on the coins BCH, SOL and .

Bitcoin (BTC) briefly fell below $68,000, plunging to a low of $67,574 on Sunday as buyers struggled to hold on to $68,000 following the emergence of mixed signals. The drop marks a significant pullback from above $73,500, with recent daily candles representing considerable selling pressure, indicating a bearish outlook.

Solana's DeFi ecosystem reaches $5.7 billion TVL in Q3 2024, driven by Kamino Finance's growth, high user activity, and increased institutional interest despite fluctuations in DEX trading volumes.

Onchain data shows that Solana had over 123 million active addresses on the network last month, reaching its highest level.

In an analysis shared on X, popular crypto analyst Gum (@0xGumshoe) is projecting that Solana (SOL) could ascend to $500 by the conclusion of this bull run. This bullish forecast hinges heavily on the outcome of the US presidential election, slated for November 5th, and the potential policy changes that could follow.

A Solana smart whale has once again sparked a buzz across the broader crypto space on Monday, selling nearly $44 million worth of SOL and making colossal profits. Recent on-chain data suggests that a smart whale bagged nearly 0.5 million coins previously, selling some of it now to make massive profits.

In the next seven days, the altcoin market will register major token unlocks, which every crypto trader should know and understand to avoid unnecessary traps. According to the aggregate data platform Tokenomist, total token emissions this week could exceed $340 million, and early investors will get hold of their funds.

The unexpected euthanization of Peanut the Squirrel by New York state officials has sparked outrage on social media, leading to a surge in Peanut-themed meme coins.

Solana continues to prove that it's one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities.

Major digital currency network Solana is experiencing record-low transaction volumes amid a general slump in the broader crypto market. However, an analyst on X, Mezoteric, has raised concerns regarding the state of the 5th largest cryptocurrency by market capitalization.

Solana (SOL) has witnessed significant whale transactions, particularly as one whale transferred a staggering 206,111 SOL, valued at approximately $36 million, from Binance to a staking wallet. This activity has raised questions about the potential for a renewed uptrend in Solana's price.

The crypto market faced widespread declines, with only a few assets showing gains, underscoring the sector's inherent volatility.

What's next for SUI price as it outperforms Solana and Ethereum on net flows.

Metawin, a crypto casino, got hit hard today. Hackers exploited it for more than $4 million in Ethereum (ETH) and Solana (SOL).

Will Solana hit $290 in November? Explore key insights and bullish predictions as analysts forecast SOL's upward trajectory. The post Will Solana Hit $290 in November? Analysts Predict Bullish Surge for SOL appeared first on Cryptonews.

An exploiter managed to steal a significant amount of tokens from crypto casino Metawin's Ethereum and Solana hot wallets by exploiting the protocol's “frictionless withdrawal system,” Metawin CEO Richard “Skel” Skelhorn announced early on Sunday.

Michaël van de Poppe, a well-known cryptocurrency analyst, has forecasted a massive upswing in the value of Sei, a competitor to Solana, with a potential increase of up to 3,765%. What Happened: Van de Poppe conveyed his bullish perspective on Sei (CRYPTO: SEI) in an YouTube post.

Earlier this week, Andy Ayrey, the mind behind the semi-autonomous AI bot Truth Terminal, discovered his X account had been hacked, leaving the bot's portfolio emptied. Onchain investigator Zachxbt reported that a FWOG whale seems to be one of the parties tied to the incident.

Solana (SOL) is currently trading at a crucial demand level near $163, following a retrace from local highs around $183. This price is a critical support area that could determine the direction of SOL's upcoming price action.

The NFT market bounced back in October with an 18% increase in sales volume, reversing a seven-month downward trend. The post NFT Sales Climb 18% in October, Breaking Seven-Month Decline on Solana appeared first on Cryptonews.

Following the controversial death of Peanut the Squirrel, memecoins themed after Peanut have surged on Solana, with some hitting market caps of more than $100 million.

Solana continues to be a popular choice for many investors who are eagerly waiting for the next bull run. Regardless of the ongoing price variation, the SOL price is expected to undergo a strong comeback and rise above the $500 million market capitalisation. The U.S.

Bitcoin and Solana show bullish price development and correct lower from record levels, while Ethereum exhibits bearish price development.