Solana struggled to clear the $172 resistance zone. SOL price is correcting gains and might soon test the $162 support zone.
Solanas price stayed strong, rising 9.3% for the week, despite Pump.fun selling $6.6 million worth of SOL. With $47 million still held, whales are on high alert for the next market twist.
Uniswap, the leading decentralized exchange (DEX) on Ethereum, is building and growing, looking at the number of processed volumes over the years. Uniswap Processes Over $2 Trillion On Ethereum Since launching in late 2018, on-chain data shows that the DEX has processed over $2 trillion in cumulative volume on the Ethereum mainnet.
A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies. Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100.
Solana based memecoin launchpad Pump Fun continues with its selling spree, dumping 40000 SOL tokens worth $6.68 million.
The firm's non-custodial staking model for Solana ETN will allow investors to retain full control over their staked assets.
Is Solana crypto ripe for a possible huge price rally? Some market analysts believe it does, seeing that the crypto is moving in a favorable pattern.
Solana's (SOL) price chart shows that the altcoin could be on the verge of a 70% increase. In August, Solana's price dropped to $130.
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Pump.fun has generated approximately $162 million in revenue since its inception.
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Uniswap (UNI) trading volume has increased by 150% within the last 24 hours, surpassing $400 million for the first time in almost 10 days. This development happened after the South Korean exchange Upbit listed new trading pairs for the altcoin.
Uniswap (UNI) nears a breakout as technical indicators and market sentiment align for gains.
Bitcoin is finding support in the $66,500 to $65,000 zone and Bitcoin ETF inflows suggest traders are buying the dips. Will altcoins follow?
After a brief retracement, the Solana price has found support at the $163 mark and is currently trading at approximately $168. The cryptocurrency is again approaching a significant resistance level at $170, which has posed a challenge for the token over the past month.
Elmnts, a tokenized investments platform focused on building an on-chain commodities ecosystem on Solana, has announced its public beta. The platform's launch on Solana (SOL) provides accredited investors access to blockchain-based investment funds, backed by mineral rights royalties.
Ethereum (ETH) and Solana (SOL). With both cryptocurrencies gaining momentum, investors are eager to know which one might be the better choice for the upcoming Alt Season.
The Solana network has significantly outpaced the Ethereum network in the recent past on web3 activities fueled by its meme coin space growth.
Raydium, the largest decentralized exchange on the Solana blockchain, is firing on all cylinders as its token and volume rise. Raydium (RAY) token rose for six consecutive days, reaching its highest point since July 21.
TL;DR Elmnts launches public beta, allowing accredited investors to access tokenized investment funds backed by mineral rights royalties. The platform is built on the Solana network and seeks to offer a secure and regulated approach to blockchain investments. Elmnts combines traditional investment expertise with the innovation of blockchain technology to create attractive financial products.
Solana's rising TVL and DEX volume highlight its growing influence in the blockchain space, potentially challenging Ethereum's dominance. The post Solana TVL reaches new peak since early 2022 appeared first on Crypto Briefing.
Elmnts officially went live on the Solana blockchain, offering tokenized investment funds tied to mineral rights royalties. The new platform offers a new investment avenue for retail and institutional traders to participate in high-yield assets with double-digit potential returns and low entry of $1,000 in investments.
Pump.Fun earns millions by creating memecoins on Solana, attracting new users and maximizing profits.
During Tuesday's Asian market session, the Solana price jumped 1.44% to trade at $168.6, while its market cap boosted to $79.04 Billion. This growth was driven by a bullish convergence across three key SOL charts: price trends, on-chain data, and derivatives metrics.
Energy market analytics company RBN Energy estimates that mineral and royalty interests amount to $700 billion.
The project is spinning out of Solana Labs and its new leaders want to turn a profit.
After an impressive breakout last week, Solana (SOL), a fast-growing layer one (L1) chain with dozens of decentralized financial (DeFi) protocols, has gradually gained bullish momentum. The large-cap altcoin, with a fully diluted valuation of about $98 billion and a daily average traded volume of around $4.
The rise of Ethereum's DeFi space has significantly helped Uniswap (UNI) to grow to a leading decentralized exchange (DEX) in the recent past.
The platform has processed over $1.4 billion in trading volumes in the past 14 days, buoyed by an ongoing artificial intelligence-themed memecoin frenzy.
As general sentiments soar, Solana's institutional products have notched $2.4 million in inflows over the last seven days. Recent inflows into the asset funds follow anticipation for spot ETFs in the United States.
Pump.fun's fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure.
Pump.fun's fee account still holds over $47 million worth of Solana tokens, which could add more selling pressure.
VanEck adds crypto staking rewards to its Solana ETN, enhancing investor returns and boosting Solana's adoption in Europe.
The VanEck Solana ETN (VSOL) offers investors the opportunity to gain exposure to the Solana (SOL) blockchain, which is known for its high-speed transaction capabilities and scalability for decentralized applications. The ETN is fully collateralized with Solana, with the underlying SOL held in cold storage at a regulated custodian.
The cryptocurrency market is buzzing with activity as Shiba Inu (SHIB) recently posted an impressive 20% increase, discussions about a potential bull run. Meanwhile, Ethereum (ETH) is displaying some troubling patterns, and Solana (SOL) is hitting a critical resistance level at $160.
Bitcoin (BTC) and other cryptocurrencies suffered a setback, registering a substantial drop late on October 21 and early on October 22. BTC dropped over 2% over the past 24 hours, while Ethereum (ETH) dropped further and is currently down by 3.54% over the past 24 hours, losing the $2,700 price level.
Uniswap has surpassed 2 trillion dollars in volume processed on the Ethereum blockchain.
Pump.fun is drawing in record fees, cashing out through selling SOL, while also retaining some of the fees for staking.
Uniswap and Aptos have defied today's trend.
VanEck has made staking available on its Solana exchange-traded note (ETN) in the European market.
Amid bullish predictions for the market's fifth-largest cryptocurrency, Solana (SOL), asset manager VanEck announced a significant upgrade to its Solana exchange-traded note (ETN), which now offers an automated staking feature, contributing to SOL's ongoing price recovery. New Staking Rules For VanEck's Solana ETN Matthew Sigel, head of digital asset research at VanEck, revealed that the Solana ETN, which trades under the ticker VSOL and currently has $73m in assets under management, will have rewards accrued and reinvested daily under the new staking rules, with the ultimate aim of attracting more investors and new capital.
Solana (SOL) has emerged as a standout performer in the cryptocurrency market, significantly outpacing major rivals like Bitcoin and Ethereum. This resurgence comes as Solana experiences a remarkable recovery from its monthly lows, fueled by increased user engagement, growing transaction volumes, and rising network fees.
The chat-themed token has emerged as one of the top gainers of the day.
American investment management firm VanEck has added staking rewards to its Solana ETN (Exchange-Traded Note) in Europe. This might offer investors a new way to generate passive income.
Solana crypto (SOL) could reach $700 if Donald Trump wins the 2024 presidential election! Here are the experts' insights.
Solana is emerging as one of the most active networks, looking at engagement levels over the past few months. Despite concerns around FTX and whether asset distribution will lead to a dump, bulls are optimistic about what lies ahead.
Solana price has declined by 1.56% in the last 24 hours after the Pump fun Fee Account sold 40,000 SOL worth $6.68 million. The sale happened only five hours ago and has added to the market fears on the further price movement of Solana.