Solana's Phantom Wallet suffered a major incident after a backend issue caused downtime for thousands of users.

The market is showing a pre-election mood, suggesting investors are gearing up to capitalize on high returns from low-risk assets.

Phantom Wallet is facing technical difficulties, impacting users claiming rewards from the GRASS airdrop and causing inaccurate account balances; however, the company assures that funds are safe and the app remains accessible. The post Solana's Phantom Wallet Experiences Technical Difficulties During GRASS Airdrop appeared first on Cryptonews.

Ethereum's infrastructure limitations are driving users, applications, and capital to Layer 2s and competing blockchains, an analyst said.

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TL;DR The Phantom wallet, widely used in the Solana network, experienced a temporary downtime issue, which affected account balance visibility for its users. The inconveniences have already been resolved, and activity should return to normal for all users.

Bitcoin ETFs are recording solid buying, a sign that traders believe to be an indicator that BTC will break through the range highs.

Ethereum (ETH) fees remain relatively low, due to a shift of activity. Most swaps happen on L2, while Solana is taking the biggest share of meme token action.

TL;DR Digital asset inflows hit $901 million, bringing this year's total to $27 billion, nearly triple 2021's record. Bitcoin led inflows with $920 million, driven by political factors in the US, while Ethereum saw outflows of $35 million. Blockchain stocks also showed a rally, with inflows of $12.2 million for the third consecutive week.

In October, Cardano price traded nearly sideways despite high expectations for a bullish trend. This prolonged consolidation offers little optimism for ADA's better performance in November.

Solana Phantom Wallet is down again. In an update shared by the protocol on its official X account to reveal that the it is experiencing an “uptime incident.

Phantom Wallet has reported a downtime incident and asked its users to be patient as the team works to resolve the issue. On Oct.

The rising DEX volumes than Ethereum have made the market participants bullish on Solana's (SOL) price rally. The growing popularity of the Solana-based memecoins has contributed to the rise in the network activity and eventually the DEX volumes too.

Bitcoin (BTC) and the altcoins have shown significant price actions in the crypto market. The overall crypto market's daily trading volume surged by 22.63% as per CMC data.

The biggest wallet on the Solana blockchain is currently undergoing a downtime. The users facing issues with inaccurate account balances for an hour now.

Today, the fifth largest cryptocurrency, Solana (SOL), overtook popular payment service PayPal in terms of market capitalization. Following a 5.51% increase in SOL quotes over the past week, the token's price rose to $175.3, bringing its capitalization to over $83.56 billion.

Solana has registered a high transaction fee compared to Ethereum in the past 24 hours as it entered the top 5 networks for this metric.

Phantom, which is Solana's biggest wallet, is experiencing downtime. User funds should be safe, the company says.

The Solana network has significantly outshined Ethereum in its Web3 on-chain activity in the recent past fueled by its thriving memecoin ecosystem.

Prominent crypto analyst Alex Krüger recently shared his strategy for the 2024 U.S. Presidential Election, highlighting a shift in his investment approach.

The crypto market enters the new week on a bullish note as the Bitcoin price inches closer to a $70,000 resistance breakout. The bullish momentum gradually fuels bullish momentum in most major altcoins, including SOL.

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Bitcoin (BTC) faced a considerable slump on Friday, and registered a low of $65,700 on Saturday as escalating tensions in the Middle East spooked markets. However, it found support at this level and recovered to push back above $67,000.

Among the top cryptocurrencies, and with the exception of Bitcoin ($BTC), Solana ($SOL) is proving to be the most likely of the large-cap altcoins to lead the rest of the field higher. Outperforming $BTC, and rapidly gaining ground on Ethereum ($ETH), is $SOL about to fly much higher?

Solana's surging fees are correlated with growing trading activity on the network's leading decentralized exchange, Raydium.

The digital asset inflows last week reached a staggering $901 million with Bitcoin dominating a lion's share of the total flows. BTC has turned out to be investors' favorite this month in October ahead of the US Elections in November.

The Global crypto market cap rose by 0.44% to $2.29 trillion today. Uptober disappointed, failing to deliver the expected gains in the crypto market.

Will Solana, XRP, and Shiba Inu drive the next crypto bull run? Get insights on their latest price analysis, resistance levels, and outlook.

It's striking how Solana's quick transaction times and technology have won over so many users and investors. Let's break down the Solana supply and its influence on the market.

Coinbase's Ethereum layer 2 network Base briefly took the lead in stablecoin volume on Oct. 26, outpacing major blockchains and marking a record-high transaction count.

With Solana's dominance over the decentralized crypto market growing significantly, the top dApps over Solana are gaining momentum. With a strong breakout or reversal rally among its top performers, here are the top Solana-based altcoins for a 2x rally this week.

Solana's (SOL) 50-day Simple Moving Average (SMA) has started trending upward, poised to cross above the 200-day SMA in the coming days. This potential crossover is a bullish signal known as a “golden crossover,” and it often hints at significant upward price momentum.

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Over $1.5 billion in crypto tokens is set to flood the market this week, led by major unlocks for TIA, SUI, MEME OP IMX ZETA TRIBL DYDX GAL ADA AGI, etc. which will see huge amounts added to their circulation.

As Bitcoin remains volatile near the $67k level, Solana makes a comeback with its growing influence in the decentralized market. With Solana surpassing Ethereum in daily DEX volumes, the SOL price skyrockets.

While giant cryptos like Solana and Ethereum dominate today, fresh contenders are stepping into the spotlight.

The cryptocurrency market begins to stir with renewed activity, Bitcoin's recent price rebound is capturing attention and surging hope among investors. Currently trading around $67,770, Bitcoin's resurgence has led to a ripple effect, boosting interest in various altcoins, particularly XRP, Solana (SOL), and Avalanche (AVAX).

Arkham Intelligence has broadened its data capabilities by integrating support for Solana on-chain data, now offering users an expanded suite of tools to analyze one of the most dynamic blockchains.

Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range during the week. BTC currently trades around the $67,000 level, and major altcoins, such as Ethereum, Solana, Ripple, Polkadot, and Dogecoins, have experienced volatile trading weeks.

Solana's impressive BGSOL staking uptake and robust market metrics point to renewed bullish momentum.

A significant technical event occurred recently for Bitcoin: a crossover between the 50-day and 100-day Exponential Moving Averages (EMAs). Despite not being the well-known golden cross — a 50-day crossing of the 200-day EMA — this crossover is nonetheless significant.

Bitcoin's bounce back to $68,000 raises the chance of a rally in SOL, DOGE, RUNE and BGB.

The market sentiment returned to positive as Bitcoin (BTC) regained momentum, aiming for a breakout above $70,000. Breaching this level will inject a fresh bullish wave into the crypto market, with investors waiting in anticipation. Topping this list of new DeFi projects to watch out for is DTX Exchange (DTX), a novel exchange-based token.

Crypto markets saw a mixed week with altcoins rallying and major tokens facing slight declines. Market volatility highlights investor interest.

The crypto market witnessed a notable downtick at the end of October, likely fueled by pre-election uncertainty. As Bitcoin reverted from $70,000, most major altcoins, including SOL, are experiencing a stalled recovery momentum.

The uptrend that dominated the market in recent weeks hit a roadblock last week, with the global crypto market losing $70 billion in a correction to $2.28 trillion.

In the maturing cryptocurrency market, seasoned investors want to find opportunities that could provide generational wealth. There are good options like Ethereum (ETH) and Solana (SOL) because these altcoins have solid ecosystems and real use cases,