A distraught father whose daughter has a rare brain tumor was pleasantly surprised by a multimillion-dollar memecoin gift on Christmas day after starting a campaign to raise money for research into a cure for the disease.

Is Solana headed for a big drop? Find out if SOL price could crash to $50 and what's driving the market in this detailed prediction.

According to the Bloomberg report, Stephen Akridge is locked in a legal battle with his ex-wife, Elisa Rossi. She filed some grave charges against Akridge for using her blockchain expertise to take millions of dollars worth of staking rewards from her Solana holdings.

Volatility Shares, a financial firm known for its novel exchange-traded funds, has submitted an application to the U.S. Securities Exchange Commission (SEC) for an exchange-traded open-end index fund (ETF) based on Solana futures, a new line of ETFs. This move aims to provide investors new opportunities to leverage the Solana blockchain ecosystem.

Volatility Shares has filed an application with the SEC for the first leveraged Solana ETFs in the U.S.

Solana co-founder Stephen Akridge is being sued by his ex-wife, Elisa Rossi, for allegedly misappropriating millions of dollars in staking rewards from her Solana holdings.

Solana prices have suffered some notable declines over the last several weeks, dropping more than 30% since reaching a fresh, all-time high near the end of November.

Cardano (ADA), one of the leading cryptocurrencies, has recently experienced a significant price decline, reaching a monthly low of $0.86. This downturn has drives concerns among investors, particularly as we approach the new year.

Stephen Akridge, co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over alleged misappropriation of substantial gains from Solana (SOL) tokens, Bloomberg News reported on Dec. 27. Rossi claims that Akridge used his advanced expertise in crypto and blockchain to siphon off staking rewards from her digital wallet.

Stephen Akridge, co-founder of Solana, is being sued by his ex-wife, Elisa Rossi. The lawsuit claims that he misappropriated “millions of dollars” in cryptocurrency income from her digital wallet.

The cryptocurrency market is a connected ecosystem, and interoperability fuels its development. Cardano, which has a market capitalization of $31.4 billion, and Ripple's XRP, with a market capitalization of $123 billion, could be planning to enter into a symbiotic relationship.

The inaugural Solana AI hackathon concluded on Monday. Over 400 projects threw their respective hats in the ring for a contest offering cash prizes but more importantly the prospect of potentially-lucrative attention to so-called AI agents, which are currently flooding crypto social feeds.

Declining network activity and interest in memecoins put a dent in Solana price, but derivatives data suggest limited downside.

TL;DR Cardano experienced massive growth in 2024, adding over 96,000 smart contracts in Plutus V2 and establishing itself as a leader in blockchain technology. The launch of Plutus V3 introduced improvements in efficiency, interoperability, and costs, attracting more developers to the ecosystem. ADA increased by 52.

A whale spent 1 million USDC to buy 23.18 million SPORE tokens, now up $620,000. An investor turned $2,600 into $1 million by trading SPORE, gaining 412 times their investment.

Stephen Akridge, a co-founder of Solana, is in the middle of a courtroom showdown. His ex-wife, Elisa Rossi, has dragged him into a lawsuit claiming he made off with “millions of dollars” from her staking rewards.

Bitcoin's repeated failure to cross above $100,000 increases the risk of a drop under $90,000.

Solana DEX trading volumes exceeded $100B in December 2024, outpacing Ethereum and Binance Smart Chain. With Raydium leading single-chain DEXs and Solana's TVL soaring by 57%, the blockchain's efficiency and scalability continue to attract DeFi users. SOL price, however, saw a 20% decline. The post Solana Defies Bearish December, DEX Trading Volume Surpasses $100B appeared first on Cryptonews.

Cardanos Open Interest reached an impressive 707 million ADA, valued at $629 million, with whale activity driving significant trading on major exchanges. Analysts suggest this renewed momentum could propel ADA closer to the critical $1 mark despite existing resistance.

CoinGlass data reveals a significant surge in Cardano (ADA) Open Interest (OI) in the last 24 hours. The OI surge coincides with broader crypto market factors like price increases and rekindled interest from market whales.

The market remains mainly red, however, there are some exceptions to the rule, according to CoinStats.

Solana-based meme coins, including Pudgy Penguins (PENGU), Fartcoin, and Gigachad, have experienced massive growth in 2024, with gains ranging from 600% to 1800%.

In a wide-ranging two-hour livestream on December 26, Cardano founder Charles Hoskinson addressed ongoing discussions around partnering with Ripple, advancing a Chainlink integration, and bridging Bitcoin into the Cardano ecosystem. Speaking from Gillette, Wyoming, Hoskinson provided new details and timelines for these initiatives, emphasizing security requirements and technical collaboration across multiple blockchains.

Ever since the crypto industry gained momentum, Bitcoin ($BTC) and Ethereum ($ETH) are the two names that have been dominating the market. No one ever managed to come close.

ADA might be in an accumulation phase, with MVRV ratios historically rebounding from current levels, presenting opportunities for long-term investors despite bearish signals from a 22-month high NVT ratio.

Investors have poured nearly $800M on Solana ($SOL) since September 2023. Can this token rise to $500 once alt-coin season starts? The post Solana's Capital Inflows Soar – Could SOL Be the Next $500 Coin? appeared first on Cryptonews.

Solana price action is at a critical juncture, with the cryptocurrency testing market's patience, it hovers just below the pivotal $194 resistance level. This threshold has emerged as a significant hurdle as bulls struggle to sustain enough momentum to power a breakout despite recent attempts to push higher.

Solana dips 3%, trading at $190.75 with a $3.5 billion volume. Explore its market highlights, DEX dominance, and Bitget Wallet's latest features. The post Solana Price Dips 3% With $3.5 Billion Volume – Is $300 Still Within Reach? appeared first on Cryptonews.

As the crypto bull market moves into its final stage, altcoins have still not entered a typical, explosive altseason. Bitcoin ($BTC) continues to outperform.

As the cryptocurrency market recovers, smart investors are eyeing a $0.150 Cardano (ADA) challenger that might win the upcoming altcoin season. This new competitor is inexpensive and uses cutting-edge blockchain technology for scalability, energy efficiency, and smart contract capabilities.

Cryptocurrencies had quite a year in 2024. Bitcoin (BTC 0.92%), the world's largest cryptocurrency, topped $108,000 and altcoins have surged as well.

The Cardano price was on the investors' radar today, with a gain of over 3% after a recent volatile trading. The surge in ADA comes amid a recovery noted in the broader crypto market after volatile trading recently.

Cardano (ADA), the native cryptocurrency of the Cardano blockchain, is grappling with intense selling pressure as the broader cryptocurrency market faces a downturn. Today, December 27, 2024, major digital assets, including Bitcoin (BTC), Ethereum (ETH), and XRP, have also seen price declines, contributing to an overall bearish sentiment.

Solana Labs co-founder Stephen Akridge is facing a lawsuit accusing him of withholding “millions of dollars” in staking rewards from his ex-wife after their divorce agreement.

Bitcoin (BTC) fell further on Boxing Day, plummeting from $98,000 to a low of $95,214, failing to reclaim $100,000 over the holiday period. The cryptocurrency is down just over 2% over the past 24 hours, trading around the $96,100 mark with sellers firmly in control.

Cardano (ADA) has delivered a standout performance in 2024, solidifying its position as one of the most technically sophisticated and developer-friendly blockchain ecosystems. Central to its growth has been the dramatic expansion of its Plutus-based smart contract ecosystem, a critical infrastructure that has evolved significantly since its introduction.

The Sui Network (SUI) is gearing up for a significant event on January 1, 2025, with nearly $300 million worth of its native token set to be unlocked. This is part of Sui's monthly process, which increases the circulating supply and impacts investor holdings. Despite a recent 5.

Meme coins are already the biggest talking point in the crypto space owing to their absurdity and explosive rallies. However, they are not the biggest category of tokens yet.

Explosive growth for Solana validators: the key role of MEV.

Cardano (ADA) has seen a steady price decline since early December, reaching a monthly low of $0.86. This downturn has left ADA investors anticipating a bleak start to the new year.

Here's how growing Eliza's adoption and AI16Z tokenomics revamp could challenge VIRTUAL.

The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token's rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days.

The Cardano (ADA) price was under pressure on Boxing Day, declining over 6%, with technical analysis suggestive that further downside could be in store in the days ahead. The post Cardano Price Could Dump 57%, But 2025 Could Be a Massive Year – Here's How High ADA Might Go appeared first on Cryptonews.

A notable headwind rocked the cryptocurrency market on Thursday, driving down not only the sector's leading asset but a great many coins and tokens that tend to slipstream behind it.

Solana (SOL) has recently exhibited price action that mirrors Bitcoin's early 2024 behavior, raising expectations of a potential rally in the coming months. Bitcoin's price surged from $47,080 to $74,000 in early 2024, largely driven by significant buy-ins at key support levels around $45,000.

With recent price developments, Solana could be set for a major rally in the coming days or weeks. Due to the general market's resurgence, several bullish forecasts from seasoned crypto analysts suggest that the altcoin might be entering the next phase of its bull cycle.

More than 93% of Solana's validators use Jito's software for MEV, according to Jito Labs.