Solana (SOL) price has faced significant challenges recently, dropping 21% over the last 30 days. Despite this decline, SOL remains the 6th largest cryptocurrency in the market, with a market capitalization of approximately $90.8 billion.
Solana (SOL) continues in an impressive growth, attracting significant capital and users' interest as 2024 ends and 2025 approaches. This week, for example, the Solana ecosystem had nearly half-a-billion dollar in stablecoins' inflow, while the Ethereum ecosystem lost millions.
Solana achieved peak stablecoin inflows as of December 30. The chain is second behind Base for the past three months, and is among the top 5 chains to receive stablecoins in 2024.
Solana (SOL), a cryptocurrency that has gained significant attention in the past year, recently hit new highs before experiencing a retracement of 18.18% over the last month. Despite this pullback, the cryptocurrency has shown some signs of recovery, with a 7.09% increase in the past week and a 5.42% rise in the last 24 hours.
Bears remain more powerful than bulls at the beginning of the week, according to CoinMarketCap.
SUI DeSci Agents has launched an AI Medical Image Diagnosis Agent as a component of its AI Longevity Assistant.
Solana at $189.61 as 2024 ends, with critical support at $179.38, resistance at $201.23. Will SOL break out or face more volatility in 2025?
Solana co-founder Stephen Akridge is being sued by his ex-wife Elisa Rossi, who claims he secretly profited from staking rewards on her SOL tokens.
Solana prices have significantly dropped, plunging over 30% since their peak in late November. Current technical indicators signal a bearish outlook, implying that prices may further decline in the short term.
As Bitcoin ($BTC) and the whole of crypto nears a pivotal point, the next upward leg of the bull market could be about to take place. If the possible bearish scenarios can be avoided, the altcoins can start to rise.
TL;DR The crypto market is set for significant token unlocks next week, including SUI, Optimism, Ethena, and more, with a total value exceeding $832 million. SUI will lead the releases with 64.19 million tokens valued at $263.20 million, followed by Optimism with 31.34 million tokens worth $58.30 million, among other notable projects.
Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.
This year was definitely a good one for Solana (SOL), if we choose any altcoin which is any cryptocurrency —besides Bitcoin (BTC). Network activity in the Solana ecosystem increased by 83% last year, and there are various reasons for this, from the hype around meme coins to artificial intelligence projects, which also played an important role in the first half of the year, making the dynamics of Nvidia and SOL quotes extremely similar.
FTX, the defunct crypto exchange, will start paying its creditors early next year, capping a process going on since 2022. These payouts may lead to upside in the cryptocurrency industry as recipients buy more coins.
The latest round of token unlocks, scheduled for the week between December 30 and January 5, is valued at more than $832 million. Sui (SUI) leads the cliff unlocks with a release worth $263.20 million, while Worldcoin (WLD) continues to lead linear unlocks at $80.41 million.
Solana meme coin Peanut the Squirrel (PNUT) is seeing huge whale accumulation thereby pushing the PNUT price up by 12% in the last 24 hours all the way to $0.70. PNUT meme coin has staged a strong recovery from the support of $0.50 and is eyeing a quick rally to $1 moving ahead, with a
Stephen Akridge has been reported for secretly making profits of millions of dollars from the blockchain.
The lawsuit was filed on December 24 in San Francisco's Superior Court. It accuses Akridge of secretly profiting from Rossi's Solana rewards.
SUI, a cryptocurrency that recently faced a tough market phase, has caught the eye of traders and analysts. After experiencing a sharp drop last week, the token managed to rebound in the past 24 hours, raising questions about its future direction.
SOL must hold a critical level to sustain its bullish outlook.
SUI's price increased in the last 24 hours, and the trend might continue if
Elisa Rossi, the ex-wife of Solana co-founder Stephen Akridge, has accused him of stealing millions of dollars in SOL staking rewards.
Is Solana set for success or setbacks with upcoming developments in 2025?
A co-founder of Ethereum (ETH) rival Solana (SOL) is reportedly facing a lawsuit for allegedly misappropriating the income earned from his former wife's crypto holdings.
Could Solana be the next big thing in crypto ETFs? With a bold move by Volatility Shares to file for Solana futures ETFs, the stage is set for exciting changes in the crypto world.
A closely followed crypto analyst is predicting where the price of Bitcoin (BTC) and Solana (SOL) will peak during the current market cycle.
Cryptocurrencies remained on edge last week as the volume dried up because of the Christmas holidays. The Santa Claus rally pushed Bitcoin (BTC) close to the $100,000 level and then the momentum faded, pushing it below $95,000.
A wave of cryptocurrency exchange-traded funds (ETFs) is anticipated in 2025, according to Bloomberg Senior ETF Analyst Eric Balchunas.
The price of Solana (SOL) fell to the expected support of $177 on Dec. 22. The bulls bought the dips and continued their upward correction.
Solana jumps 4.6%, nearing $200 amid a bullish breakout and ETF speculation. Explore key price levels and how the proposed Solana Futures ETF impacts the market. The post Solana Still Eyes $200 – After 4.6% Increase Today appeared first on Cryptonews.
Asset management company Volatility Shares has submitted with the United States Securities and Exchange Commission (SEC) an application to list a Solana futures exchange-traded fund (ETF). This strategic move comes after a host of asset managers applied to launch a spot Solana ETF earlier this year.
The X account of Yat Siu, the co-founder and executive chairman of Animoca Brands, has been under attack as a part of a scam.
SOL and SUI are the top gainers from the larger-cap alts.
You can't yet trade Solana futures on a CFTC-regulated exchange, but Volatility Shares is filing for a futures ETF anyway.
Analytics firm Glassnode says Solana's (SOL) momentum on the monthly time frame is waning in comparison to Bitcoin (BTC) and Ethereum (ETH).
Bonk has retaken its position as Solana's leading meme coin, reaching a market capitalization of $2.5 billion. The recent surge was after a community-driven token burn and price increase.
The odds of the U.S. Securities and Exchange Commission's accepting a spot Solana exchange-traded fund are rising.
In a blockchain sleight of hand, Akridge allegedly emptied his ex-wife's crypto wallet. A crypto-marital tragedy with a scent of millions!
Volatility Shares LLC has proposed a futures-based Solana ETF to the SEC, offering 1x, 2x, and -1x leverage options. The ETF will trade on CFTC-registered exchanges, providing regulated exposure to Solana's price movements.
Solana co-founder, Stephen Akridge, is being sued for manipulating and taking millions of dollars from his ex-wife's staking rewards. Elisa Rossi filed the case in the San Francisco Superior Court, claiming that Akridge used his technical knowledge of digital assets and the blockchain to take the profits from her Solana holdings.
Stephen Akridge is being sued by his ex-wife, Elisa Rossi, for allegedly stealing millions in staking rewards from her Solana crypto wallet. Rossi claims Akridge used his blockchain expertise to secretly access her staking accounts and withhold rewards without her consent.
The cryptocurrency market is seeing a wave of exchange-traded fund (ETF) applications, reflecting a push toward mainstream adoption.
Solana (SOL) and the team are often in the news for the asset's price performance and developments. However, things have turned different this time, as Elisa Rossi has pulled the Solana co-founder, Stephen Akridge, in a significant Solana Controversy, including staking reward thefts and much more.
Stephen Akridge, a co-founder of blockchain platform Solana, faces a lawsuit from his ex-wife, Elisa Rossi, alleging he misappropriated millions in solana (SOL) token profits. Rossi claims Akridge exploited his advanced crypto knowledge to secretly collect her staking rewards.
Since the end of November 2024, the prices of Solana (SOL) have fallen by more than 30%, raising concerns among investors and crypto enthusiasts. This significant decline comes after a period of strong growth, where Solana had reached historical highs.
Volatility Shares filed for a Solana Futures ETF with the SEC on December 27. The firm was also one of the first to launch an Ether Futures' ETF.
Solana (SOL) has faced a challenging price trend recently, with its decline halting, but the altcoin is struggling to reclaim $200 as support.
Solana co-founder is embroiled in a legal battle with his ex-wife, Elisa Rossi, over allegations of misappropriating millions of dollars in Solana (SOL) token earnings. The post Solana Co-Founder in Legal Dispute with Ex-Wife Over Alleged Theft of Millions in Holdings appeared first on Cryptonews.