Solana (SOL) was among the first cryptocurrencies to truly skyrocket in the ongoing bull market, as it rose from about $20 at the start of October 2023 to highs above $200 in March 2024.
Though meme tokens like Shiba Inu have a strong following, utility-based currencies are becoming increasingly important as the terrain of cryptocurrencies changes. Rexas Finance (RXS) and Hedera are tokens showing excellent development potential for 2025. Unlike the speculative nature of meme coins, both provide creative ideas and unique ecosystems.
Shiba Inu (CRYPTO: SHIB) is trading higher amid a sharp increase in its token burn rate and anticipation surrounding the launch of the TREAT token on Jan. 14. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00002165 $12.8 billion +2.6% -7% Dogecoin (CRYPTO: DOGE) $0.3337 $49.3 billion +1.5% -4.3% Pepe (CRYPTO: PEPE) $0.00001772 $7.5 billion +1.5% -14% Trader Notes: Crypto trader Javon Marks observed that Shiba Inu is maintaining its post-breakout momentum, signaling the potential for further gains.
Ai16z, a popular Solana meme coin, rebounded on Friday after crashing almost 50% from its highest level this month. Ai16z price rose to $1.6830, up 32% from its lowest level this week, bringing its market cap to over $1.
Shiba Inu (SHIB), the dog-themed meme coin, is in rebound mode as the Open Interest has skyrocketed by over 36% in the past 24 hours. This rebound coincides with SHIB breaching the $0.0000211 price level within the same time frame.
Cloud mining has enabled people who cannot afford heavy equipment to dabble in the craft of cloud mining. While the promises of profits are many, only a few cloud mining ecosystems have proven themselves to be worth the attention.
Bitcoin (BTC) dipped to its lowest level since November as its post-election rally lost steam. BTC fell to an intraday low of $91,314 before recovering to its current level of $93,311.
Shiba Inu price remains firmly above the $0.00002 support level. In 2024, Shiba Inu experienced a significant rally, following a bullish trend from early in the year.
Solana price today remains under pressure as bulls attempt to buy the dip following a 30% crash from its December highs. While BNB has also dropped, its performance has been less severe than SOL and other top altcoins.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum tried to move above $3,600 this week but was quickly stopped by sellers who came in force to push the asset back to the key support at $3,200.
The market participants are anticipating more US Crypto ETF additions to the list after the approval of Spot Bitcoin ETF and Spot Ether ETF last year. Some more crypto ETFs that may see the light in 2025 are XRP ETF and Solana ETF, considering a lot of applications have been filed by issuers in November
Cryptocurrency price analysis brought by Coinidol.com. The price of Solana (SOL) has fallen below the moving average lines.
Solana's ecosystem sees technical advancement with Firedancer testing and Raydium's perpetual futures launch, despite price decline to $188 and increased whale activity.
TREAT token sees a major list ahead of its much-awaited launch on January 14. Notably, the top crypto exchange KuCoin has recently revealed its plan to list the SHIB ecosystem token on its platform, which has gained significant attention from investors.
A massive 4,100% increase in Shiba Inu's burn rate, removing 21.7 million tokens from circulation, failed to prevent an 11% price decline amid broader market volatility and increased whale activity.
Data provided by an independent tracking platform Shibburn, which accumulates transaction data on Etherscan and then shares it on their website and X account, has revealed a massive SHIB burn rate spike over the last day.
The cryptocurrency market faced a significant downturn in early January 2025, with several leading coins experiencing sharp declines.
Sol Strategies announces CAD $27.5 million private placement backed by ParaFi Capital, focusing on SOL token accumulation and validator infrastructure growth.
With Shiba Inu (SHIB) still riding the wave of meme-driven momentum, the main question on investors' minds is: can it eventually reach the fabled $0.
The CMC Crypto Fear and Greed Index has plummeted below 50, reaching its lowest point since Oct. 14. This drop coincides with Bitcoin‘s (CRYPTO: BTC) price slipping under $92,000, marking a notable change in market sentiment.
Amid the heightened cryptocurrency volatility caused by Bitcoin (BTC) price teasing below a crucial support level around $92k, Solana (SOL) price has continued to bleed. The large-cap altcoin, with a fully diluted valuation of about $112 billion and a 24-hour average traded volume of around $4.
Solana price action has seen a significant drawdown over the past three days, falling from $221 to $201.
Renewed investor optimism and interest in Shiba Inu (SHIB) has emerged despite market volatility. This is due to a remarkable 4,100% surge in its burn rate within just 24 hours, resulting in the removal of nearly 21.7 million SHIB tokens from circulation.
The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), effective January 31, to exclude crypto staking from being classified as a collective investment scheme.
The beta phase of Raydium includes over 70 trading pairs with leverage reaching 40x. It also introduces zero maker fees and taker fees set at 0.025%.
The price action of XRP is currently consolidating within a narrowing triangle pattern, and it has entered a critical phase. The token, which is currently trading at $2.25, is indicating that it will test its 50 EMA in the next few days; this level may determine the token's short-term trajectory.
Solana (SOL) price has experienced a sharp decline, falling nearly 11% in the past seven days after failing to break the $220 resistance level. Following that rejection, SOL dropped below the critical $200 threshold, reflecting intensified bearish momentum.
Solana (SOL) is facing significant resistance in its attempt to hold above the $200 mark. After briefly rising above this threshold, the price of SOL has dropped below $200, unable to reclaim its previous gains.
Amid the ongoing market uncertainty, Solana (SOL) appears to be losing bullish support and weakening as the market downturn continues. Whale Transfers $45.7 Million Worth of SOL to Binance On January 10, 2024, the blockchain-based transaction tracker Whale Alert posted on X (formerly Twitter) that a crypto whale transferred a significant 246,064 SOL, worth $45.
Sol Strategies (ticker HODL) is raising CAD $27.5 million to buy more SOL tokens and invest further in Solana staking infrastructure.
The crypto market bloodshed accelerated into Thursday, with Dogecoin marking a 21% dip in two days as Bitcoin and others sank further.
Shiba Inu finds itself at a critical juncture as bearish momentum intensifies, putting key support levels to the test. With the $0.00002045 mark under pressure, the token's ability to maintain this level could be decisive in shaping its short-term outlook.
Decentralized exchange Raydium will offer future trading to Solana users, with the feature currently available in beta
Raydium launches perpetual futures trading beta with gas-free trading and low fees. Solana DEXs target $650B on-chain derivatives market.
The price of Solana ($SOL) has been dropping sharply in the past 3 days and accumulates a 12% retreat in the past 7 days. A critical date approaches for this layer-one network as applications for multiple Solana spot exchange-traded funds (ETFs) with the United States Securities and Exchange Commission (SEC) are nearing their deadlines.
Is Solana's $SOL on the verge of a major rally and will it overtake Ethereum's $ETH as the token powering Web3's hottest high-functionality smart contract blockchain? With its current market cap of $92.5 billion, Solana needs to 5x to comfortably beat Ethereum, which currently capitalizes $398 billion of the $3.43 trillion crypto market.
Sol Strategies CEO Leah Wald tells Blockworks she predicts delays in US approval for a Solana ETF while expecting Canada to lead the way. The post Solana ETF approval unlikely in US soon says Sol Strategies CEO appeared first on Crypto Briefing.
The crypto SOL could see a significant increase in 2025, driven by the anticipation of spot ETFs in the United States and the growing interest of retail investors, according to analysts. Despite a recent correction below $200, Solana's fundamentals remain strong.
Solana (SOL) price, one of 2024's top-performing cryptocurrencies, has surged over 100%, showcasing bullish momentum on long-term charts. With rising retail investor interest and speculation surrounding a potential U.S.-based Solana exchange-traded fund (ETF), the cryptocurrency is positioned for further growth in 2025.
Cardano stands to solidify its position as a leader in decentralization, challenging the likes of Solana with the nearing Plomin hard fork, transitioning into a fully community-led protocol. The post Cardano ‘Plomin' Hard Fork Nears – Could Cardano Overtake Solana? appeared first on Cryptonews.
TL;DR Bio Protocol expands to the Solana blockchain through a collaboration with Wormhole, despite a 64% drop in the price of its token, BIO. The price of BIO has dropped to $0.53, with a loss of over 10% in the last 24 hours, while trading volume has decreased by 15.4%.
With Solana's upgrades looming, is Ethereum prepared to defend its altcoin crown in the coming year?
Shiba Inu price, a meme-based cryptocurrency, has experienced a significant drop over the past week. This decline aligns with a broader downturn in the cryptocurrency market.
Shiba Inu (SHIB), the popular meme-inspired cryptocurrency, is currently experiencing a price drop and is trading at $0.0000208, which, according to the Bollinger Bands, is quite close to the "oversold" zone — this is an important moment for traders to keep an eye on.
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Solana price continues to see elevated selling pressure as the sentiment in the crypto industry worsens. Crucial SOL bullish predictions have slipped as the coin has formed several risky chart patterns.
A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months.