Since Jim Cramer slammed Solana investors as “idiots” in 2022, the value of SOL rose over 1,400%.

Arthur Hayes labels Solana as a high-beta Bitcoin amid elections, emphasizing its appeal over Ethereum and impact of Fed's policy. The post Arthur Hayes says Solana is a high-beta Bitcoin amid US elections appeared first on Crypto Briefing.

Solana's ecosystem saw significant growth in institutional investment, with $173 million for DApps in Q3.

From whale activity to network strength, Solana's resilience sets the stage for a potential bullish reversal.

The crypto market has witnessed a bearish turnaround since mid-week as Bitcoin's price breaks below the $70,000 floor. The renewed selling pressure can be attributed to market uncertainty following the upcoming result of the U.S. election.

Raydium (RAY) price has surged nearly 20% over the past week, showing impressive strength within the Solana ecosystem. With Raydium maintaining a stronghold as the leading decentralized exchange on Solana, its price momentum is backed by substantial trading activity and liquidity.

The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.

Over the past seven months, the Solana price has traded sideways, struggling to sustain above the $200 psychological level. While the consolidation has created uncertain market sentiment with a lack of initiation from buyers, the Q4 period could be a game changer.

Solana (CRYPTO: SOL), launched in March 2020, has risen more than 15-fold, driven by a robust ecosystem supporting various meme coins. What Happened: In 2022, Jim Cramer labeled Solana and other tokens like Litecoin as "idiot investments" on CNBC.

Institutional investment in Solana-based blockchain applications rebounded in the third quarter of 2024, with Solana's DApps attracting $173 million across 29 funding rounds. The post Institutional Investments in Solana DApps Reach $173M in Q3, Up 54% From Previous Quarter appeared first on Cryptonews.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

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XYO's native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.

Solana's (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year's third quarter, securing $173 million in new funding across 29 projects despite a slowdown in the number of funding rounds, according to a new Messari report. What Happened: This 54% quarter-over-quarter increase represents the highest quarterly funding total since Q2 2022, highlighting investor confidence in Solana's infrastructure and DeFi solutions, Messari writes.

Sonic, a layer-2 blockchain for gaming on Solana, has announced partnerships with Solayer and Adrastea Finance aimed at expanding the Solana restaking ecosystem. The Sonic SVM team revealed it was joining forces with the Solana (SOL)-based protocols on Oct.

Solana has fallen by 4% today, but its performance over the past month has raised the possibility of it flipping Ethereum. The post Solana Surges While Ethereum Stalls – Is a Breakout on the Horizon for SOL? appeared first on Cryptonews.

The M2 exchange was exploited for $13.7M in ETH, BTC, and SOL. The hacker still holds the ETH and BTC, while moving most of the SOL out of the initial wallet.

With Solana ETF approval on the horizon, three Solana-based meme coins are gaining traction. Each offers unique growth potential, but one stands out with its powerful ecosystem, deflationary model, and innovative features, appealing to a growing altcoin market.

Even though the day has started bearish, most of the coins are trying to seize the initiative, according to CoinStats.

TL;DR Sonic SVM and Solayer team up to increase Solana delegator rewards. Adrastea introduces liquid resttaking option on the Solana network. The collaboration seeks to encourage participation and security within the Solana ecosystem.

Layer-1 (L1) blockchain Solana saw a surge in user demand in October. During those 31 days, Solana's monthly user activity climbed to its year-to-date high.

BNB Chain's MVB Season 8 in Dubai brought together Web3 innovators with expert guidance and networking opportunities, culminating in a Demo Day for global exposure.

Sonic SVM, a Solana (SOL)-based Layer-2 (L2) platform, has partnered up with Solayer to increase rewards for Solana delegators, while Adrastea, a new partner in the ecosystem, is introducing liquid restaking on Solana, as reported to Finbold on Friday, November 1.

Solana (SOL) has reclaimed the $180 level, showing resilience by bouncing off the $162 support zone. Currently trading at $180.45, Solana has recorded an 11% surge from this key level, prompting discussions around whether the altcoin can push towards the significant $200 threshold.

Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum's liquid staking ecosystem.

Canary Capital, founded by former Valkyrie Funds co-founder Steven McClurg, has filed for a Solana (SOL) spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.

BNB Chain has successfully completed its 29th quarterly BNB token burn, eliminating over 1.77 million BNB valued at approximately $1.07 billion, according to BNB Chain.

The BNB Foundation removed over $1 billion worth of BNB from circulation after its latest quarterly token burn.

The price of Solana (SOL) is correcting upwards and remains in a sideways trend. The cryptocurrency has reached a high of $183, but is now falling again.

Analysts are observing that Bitcoin is facing rejection from a critical resistance zone. This movement has led to a short-term bearish divergence, suggesting potential downward pressure. Additionally, Ethereum and Solana are facing similar challenges as they struggle to maintain upward momentum.

Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.

The SOL ETF application marks Canary Capital's third ETF submission in October.

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With the crypto market witnessing almost $100M in short-side liquidations, the bull run chances are increasing amid Q4 rally chances. Further, as the BTC price is inching closer to surpassing the $65k mark as the buying pressure increases, the altcoins prepare to launch a new bull run.

Despite the massive number of tokens destroyed so far, the BSC network still needs to burn more than 43 million BNB to reduce the token's market supply.

Binance has burned over 1.7 million BNB tokens as a part of its quarterly burning initiative. On Nov.

The BNB Foundation has announced the completion of the 29th quarterly BNB burning by the BNB chain, with over 1.7 billion BNB tokens automatically burned for a total value of about $1.07 billion.

With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.

With the crypto altcoin market cap excluding Bitcoin falling down to $909.91 billion, Ethereum and Solana witness a major crash. The altcoin market has dropped by nearly 7% in the past three days, with Ethereum and Solana approaching crucial support levels.

This week, we examine Ripple, Binance Coin, Solana, Dogecoin, and Maker in greater detail. Ripple (XRP) The week started well for XRP, but the price action turned bearish on Wednesday, closing the week with a 3% loss.

Solana is one of the top networks, commanding a market cap of over $81 billion, according to CoinMarketCap data. Even as crypto prices rise and sentiment improves, SOL has struggled for momentum.

Canary Capital files for a Solana ETF, marking a key milestone in crypto adoption by Wall Street.

Whales buy and stake large quantities of Solana.

Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support and might bounce back in the near term.

The cryptocurrency market is experiencing a dynamic shift, with Shiba Inu (SHIB) showing signs of a possible reversal, Solana (SOL) facing a concerning pattern in its momentum, and Bitcoin (BTC) pushing toward an ambitious target of $84,000. As traders navigate this volatile landscape, it's essential to understand the indicators that could influence price movements in the coming days.

Solana is on a strong upward trajectory, and if the current pace continues, it could see its price approach $200 by mid-November. Strong market sentiment is reflected in the price action for SOL as growing investor interest pushes it closer to this expected level.