The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.
Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.
Solana GameFi network Sonic will airdrop free tokens to TikTok users for joining its crypto game.
In a sea of noise, the real winners of Web3 will be those who turn raw on-chain data into actionable signals for sustainable growth.
Hyperliquid's HYPE, following its billionaire airdrop, surged to a new all-time high on December 21 before entering a steep correction. Meanwhile, RENDER, the leading AI-focused token, has seen a sharp 20% decline over the past week, with its market cap falling to $3.7 billion.
Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.
The US Securities and Exchange Commission (SEC) looks likely to approve a Solana exchange-traded fund (ETF) under Donald Trump's administration. With this Solana ETF approval looking imminent, there are tokens that are ready to enjoy a 5x price increase once this happens.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.
Solana's continued doing well in December, as meme coins helped it gain market share against Ethereum and other blockchains. According to DeFi Llama, Solana's (SOL) protocols in the decentralized exchange industry were the most active in December.
Solana (SOL), the world's fifth-largest cryptocurrency by market cap, has experienced a notable price decline in recent days.
Last week, digital asset investment products continued to attract inflows, totaling $308 million. However, these inflows obscure one of the largest single-day outflows, recorded on December 19, with a total of $576 million. In the last two days of the previous week, global outflows reached $1 billion.
Solana has rebounded by 0.5% in the past hour, with the coin in a position to recover strongly from its losses over the weekend. The post Solana Rebounds From $175 Low – Could This Be the Launchpad to $300? appeared first on Cryptonews.
Sonic built its game SonicX natively inside TikTok, attempting to replicate the success of TON blockchain mini apps that were built inside Telegram.
Fear and uncertainty fill the Solana (SOL) meme coin scene! Tokens like Dogwifhat (WIF) and Bonk (BONK) are bleeding value, leaving many investors frustrated and anxious. Once the darling of internet culture, these coins have seen their prices plummet, sparking questions about their future.
On the same day, two prominent companies have gained recognition for their market performance and strategic initiatives. MicroStrategy, the business intelligence firm known for its substantial Bitcoin holdings, has entered the prestigious Nasdaq 100 index.
Solana (SOL) is navigating a turbulent period after facing a significant 33% correction from its all-time high at $264, reached in late November. Despite the sharp pullback, Solana demonstrates resilience, offering investors a promising long-term outlook.
Since its launch, Solana has distinguished itself as one of the most innovative blockchains in the industry. With its execution speed and some of the lowest transaction fees, it has attracted a dynamic ecosystem of developers and users.
Solana price a layer one crypto has witnessed a decrease recently, mirroring bearish trends across the crypto market. After November's bullish rally broke critical resistance levels, the token entered a corrective phase.
With Bitcoin ($BTC) potentially bringing its latest reversal to an end, the altcoins are primed to run. Solana ($SOL), Binance Coin ($BNB), and Theta Network ($THETA) are three likely candidates for breakouts.
The latest price analysis by Coinidol.com report, the price of Solana (SOL) has gone below the moving average lines reaching a low above the $171 low.
Two projects in the realm of cryptocurrencies that have already made innumerable early investors millionaires are Solana (SOL) and Dogecoin (DOGE). While DOGE famously shot from fractions of a cent to over $0.70, generating a tsunami of life-changing money, SOL shot from just a few bucks to its all-time high of $260.
It seems like every day Sui has some new big announcement. Given the fast growth of the project and its ecosystem, it's easy to see why.
On the same day that MicroStrategy enters the Nasdaq 100, Sol Strategies (HODL.CN) joins the Canadian Securities Exchange CSE 25 Index of its top 25 companies by market capitalization. The post MicroStrategy Joins the Nasdaq 100, Sol Strategies Added to the CSE 25 Index appeared first on Cryptonews.
Solana (SOL) continues to demonstrate strong network growth. While the market sentiment has been subdued over the past week, the blockchain's on-chain activity remains robust, and recent data highlights its increasing potential.
Bitcoin (BTC) and other cryptocurrencies suffered a bloodbath over the weekend as markets dropped significantly. In just over 24 hours, BTC dropped from around $108,000 to its current level of $95,000, as the Fed's announcement about reducing rate cuts in 2025 hit the market hard.
Solana (SOL) has seen a dramatic pullback in recent weeks, but many analysts are eyeing this drop as a potential buying opportunity. As the price hits a significant support level, Solana's technical indicators suggest a rebound might be on the horizon.
SOL's pullback has hit the 100-day moving average; will it hold like it did throughout 2024?
Solana continues to demonstrate healthy network growth but organic activity was not enough to shield SOL from downside this past week.
Bitcoin's recovery toward $100,000 could attract buyers to SUI, BGB, ENA, and VIRTUAL.
Solana's total value locked (TVL) has plummeted to its lowest point this month, reflecting a decline in activity on the Layer-1 network. Since the beginning of the month, over $1 billion has been withdrawn from Solana's DeFi ecosystem.
California men Gabriel Hay and Gavin Mayo were charged by the Department of Justice over a series of alleged NFT investment scams.
Sol Strategies is acquiring three Solana validators from Orangefin Ventures, a leader in high-performance blockchain infrastructure solutions. The post Sol Strategies to Acquire 3 More Validators in $6.5m Deal, $400m Solana Staked for 9% APY appeared first on Cryptonews.
Recently there has been a lot of selling pressure on Solana, which has caused it to lose ground near important support levels. A sharp decline in the asset's price performance is evident, and the general mood of the market points to a capital flight as investors search for the next profitable opportunity.
The performance of Bitcoin (BTC -1.27%) this year has been nothing short of extraordinary. It's now up about 46% since the election on Nov. 5, and 146% year to date.
Solana (SOL) was one of the large-cap assets affected by the recent market downturn triggered by the US Federal Reserve's rate cut. The Solana price succumbed to the bearish pressure and fell beneath $200 for the first time in over a month.
Yesterday's recovery was short-lived.
For several weeks, the crypto universe has been immersed in a period of turbulence. Increased volatility and widespread losses have put investors' portfolios under strain and shaken confidence in several assets.
This is the year of memecoins. Popular meme coins like DOGE, BONK, Pepe and FLOKI have managed to garner a lot of attention.
Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week. The BTC price hit a low of $92K, reflecting significant volatility.
SUI has shown a remarkable bullish comeback, overcoming earlier setbacks with impressive strength. The cryptocurrency has steadily gained ground, attracting attention.
Amid a crypto market mayhem over the past week, Solana (SOL) has suffered significant losses to the tune of 17.13%,. according to data from CoinMarketCap.
The crypto market shows signs of resurgence, offering investors lucrative opportunities. These four Altcoin to Hold stand out with potential for significant growth before 2025.
Real Vision's crypto analyst Jamie Coutts is outlining the major trends that the cryptocurrency industry is likely to witness in 2025. Coutts says on the social media platform X that the decentralized finance (DeFi) sector could go up by between 4x and 5x as a result of the traditional finance (TradFi) sector entering the space.
Stories of early investing that made a few impressive and filled pockets aren't new to the Cryptocurrency crowd. Solana (SOL) is one such example, which at one point returned a staggering amount to those whose average starting investment sat at $0.50.
The native token of the decentralized smart contract platform Sui (SUI) kicked off the week with an all-time high of $4.96, buoyed by an overall bullish trend in the cryptocurrency market. The momentum was short-lived, as SUI experienced a significant retracement on Friday, plummeting nearly 30% to $3.49.
Under the crypto market's pressure, the Solana price declined to a month low before showing signs of recovery today. More importantly, SOL was among the first cryptos to recover from the dip, showing positive interest in investors.