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.
The Solana price has failed to reclaim its $180 mark. This has resulted in this altcoin experiencing a significant bearish action over the past few days. Moreover, the altcoin is currently listed at $164.03 with a trading volume of over $2 billion.
Social media is buzzing with posts about Peanut, a popular pet squirrel with 500,000 Instagram followers, who was euthanized by New York state officials. In the wake of this, a wave of Peanut-themed meme coins has taken off, showing substantial gains over the weekend.
As we enter November 2024, the cryptocurrency market is abuzz with activity due to exciting new projects and developing use cases for established participants. For individuals interested in smart investments, here's an in-depth analysis of three promising cryptos to buy: Ethereum (ETH), Solana (SOL), and a rising star, Rexas Finance (RXS).
Remember the viral statement of Jim Cramer over Solana and other meme coins? In 2022, CNBC anchor Jim Cramer called Solana, Litecoin, and other meme coins “idiot investments.
Arthur Hayes, the co-founder of BitMEX and CIO at Maelstrom, recently shared his insights on the Unchained podcast, highlighting Solana as a compelling investment option ahead of the upcoming U.S. elections.
A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period.
Solana co-founder Anatoly Yakovenko called on the electorate to focus more on the political programs in the upcoming 2024 U.S. presidential election. He advised voters to look beyond a vote for president between Donald Trump and Kamala Harris and research each for their stance on important matters.
Solana is now gaining attention as its price breaks key levels, supported by bullish technical indicators.
Solana (SOL) recorded an impressive double-digit gain in October, marking its first strong performance in several months. This rally has fueled bullish sentiment among analysts, many of whom predict that Solana's price in November could bring further upward momentum for the altcoin.
As the broader crypto market consolidates following a sharp rally from early October lows, Solana (SOL) has emerged as a standout performer, outpacing major cryptocurrencies.
Amidst the recent crypto market price drop, the non-fungible token (NFT) sales volume has dropped by 6% to $84.6 million.
Solana (SOL) is trading around a crucial demand level at $165, following a pullback from recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further downside.
Solana (SOL), a Layer 1 blockchain, has shown varied price movements through the second half of 2024. After an early surge, the cryptocurrency encountered strong resistance near the $200 level, leading to a period of price fluctuation.
Recent analysis indicates that a significant altcoin rally may be on the verge of unfolding. According to market analysts, the bullish pattern emerging from the ETH/BTC chart is a key signal for what could be a lucrative period for altcoins, with Solana poised to lead the pack.