NEAR Protocol (NEAR) is showing signs of potential recovery after breaking out of a two-year bearish trendline. The blockchain platform, which has gained significant traction due to its innovative sharding technology, has been positioning itself as a scalable alternative to Ethereum.

Blockchain data platform Chainalysis has broadened its scope to cover Solana's Pump.fun memecoins.

The price movement of Bitcoin close to $100,000 has drawn a lot of attention and represents a crucial technical and psychological turning point for the market. Although the milestone is remarkable, there are legitimate concerns regarding the rally's sustainability and the potential for a retracement.

In a somewhat atypical development in the cryptosphere, on Thursday a clutch of coins and tokens surged in price while the leading one sagged on the day.

Avalanche Foundation has raised $250 million through a private locked-token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital. AVAX prices gained nearly 9% after the announcement to trade at $52.80.

New data blockchain explorer Blockchair reveals that a hacker took advantage of an exploit in Dogecoin's (DOGE) blockchain, causing the majority of its nodes to crash. Earlier this week, a Dogecoin monitoring platform noticed that the number of DOGE nodes dipped from 647 to just 205, a decrease of about 69%.

Chainlink price continued its strong rally this week, reaching a high of $29.4, its highest level since November 2021.

The publicly-traded crypto holding company has continued to shed previous investments as it double-downs on the Solana ecosystem.

Ethereum remained the blockchain with the most devs, and the overall population of software builders in crypto was flat, the VC firm said in its annual survey.

Solana (SOL) has faced a 23% retrace after hitting new all-time highs at $264, testing the resilience of bullish momentum. Despite this pullback, SOL's price structure remains strong, with the token holding firmly above a critical demand zone.

Solana has recorded another impressive milestone, overtaking Ethereum to become the leading ecosystem for new developers this year. This ends Ethereum's eight-year streak, having led in this particular metric since 2016.

Earlier in November, Dogecoin experienced a rapid ascent to new price highs, driving its Relative Strength Index (RSI) into the overbought zone. However, a crypto analyst revealed that the popular meme coin has officially exited this overbought range following its recent pullback below $0.4.

What's next for LINK as Trump-backed project makes a $1M bet on the altcoin?

Zeus Network has validated the first Bitcoin transaction on the Solana blockchain. On Dec. 12, Zeus Network achieved a historic milestone by successfully validating the first Bitcoin transaction on Solana using its infrastructure.

The two founders behind a leading blockchain data firm are diving into what has fueled Bitcoin's (BTC) most recent venture past $100,000. According to Glassnode co-founders Jan Happel and Yann Allemann, inflation data sparked this week's BTC rally to over $100,000.

US President-elect Donald Trump's World Liberty Financial (WLF) has made a substantial multi-million-dollar investment in Ethereum (ETH), Aave (AAVE), and Chainlink (LINK), leading to sharp price increases in AAVE and LINK. According to on-chain analysis shared by Lookonchain via X and verified through Etherscan, the fund purchased approximately $10 million in ETH, $1 million in AAVE, and $1 million in LINK on December 11.

Layer 1 blockchain project Avalanche has successfully raised $250 million through a locked token sale. This signals strong support from prominent investors such as Galaxy Digital, Dragonfly, and ParaFi Capital.

As the Dogecoin ($DOGE) price consolidates just above $0.40, investors are weighing up whether the market could be about to vault to new highs, or whether a deeper pullback could be in store. The post Dogecoin Price Could Dump 50% Soon – But Here's Why You Should Still Be Bullish appeared first on Cryptonews.

Cryptocurrency markets are trading lower on Thursday as President-elect Donald Trump rang the bell at the New York Stock Exchange. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $99,666.97 -1.7% Ethereum (CRYPTO: ETH) $3,882.77 +1.8% Solana (CRYPTO: SOL) $228.16 -0.9% XRP (CRYPTO: XRP) $2.36 -3.2% Dogecoin (CRYPTO: DOGE) $0.404 -3.2% Shiba Inu (CRYPTO: SHIB) $0.00002804 -4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 5.3% and daily active addresses falling by 11.9%.

Over 4 million Solana-based memecoins have been deployed via Pump.fun, according to data from Dune Analytics.

The Dogecoin network exploit crashed 69% of its nodes, exposing critical security flaws and highlighting the need for timely updates.

Following the recent waning price performance of Dogecoin, the largest meme coin in the past few days, speculations and uncertainties about DOGE's potential to hit a new all-time high in the short term have emerged within the crypto community.

Andreas Kohl, co-founder of the Bitcoin sidechain Sequentia, claimed responsibility for crashing 69% of the Dogecoin network by exploiting a critical vulnerability dubbed “DogeReaper.” On Dec.

The Dogecoin price journey toward the coveted $1 mark has been a topic of interest for crypto enthusiasts and traders alike. Reaching $1 would solidify Dogecoin into a new psychological threshold and into new all-time high prices.

If developer mindshare is any indication of innovation, then knowing something about developer activity matters.

Chainlink (LINK) price is up more than 20% in the last 24 hours, reaching its highest levels in three years. The recent surge pushed LINK to approximately $28, breaking past key resistance levels and signaling renewed bullish momentum.

Digital assets displayed bullishness on Thursday as Bitcoin crossed $100,000 again, currently trading at $101,381.90. While BTC's rebound triggered significant uptrends in the altcoin space. Meanwhile, Goatseus Maximus (GOAT) and Chainlink stirred the crypto community for various reasons. Let us find out more.

Assessing how SOL can clear its overhead hurdles amid lukewarm demand.

In 2024, Solana surpasses Ethereum in new crypto developer growth, reflecting a global shift with rising contributions from Asia. The post Solana outpaces Ethereum in attracting new crypto developers in 2024 appeared first on Crypto Briefing.

Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, continues its strong rally, which has seen the token price increase six-fold from $3 to over $18 since its much-anticipated launch two weeks ago. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hyperliquid (CRYPTO: HYPE) $18.20 $4.9 billion +16% +43.4% Sui (CRYPTO: SUI) $4.63 $13.5 billion +9.9% +10.3% BNB (CRYPTO: BNB) $719.9 $103.7 billion +3.3% -1.7% Trader Notes: Crypto trader Daniel described Hyperliquid as the "coolest new product in years, saying it is "basically Binance, except fully on-chain with no KYC, usernames or logins.

The locked-token sale saw participation from more than 40 companies.

Today, the altcoin season appears to be back on track after seeming to have taken a brief break. This is because the top trending altcoins have all seen their prices increase by double-digits in the last 24 hours.

Avalanche secured $250 million from a fundraising round led by Dragonfly, ParaFi Capital, and Galaxy Digital.

The Avalanche Foundation announced raising $250 million through a private token sale to support its blockchain platform, according to a Dec. 12 statement. The funding round had around 40 participants, including leading firms such as Galaxy Digital, Dragonfly, and ParaFi Capital.

The Avalanche Foundation raised $250 million fundraising, with funds aimed at enhancing its platform's scalability and efficiency.

Ethereum remains the top blockchain by total developer count, though Solana's dev ecosystem has begun to grow at a faster rate.

A crypto analyst has tipped Solana (SOL) and Toncoin (TON) to break new all-time highs as activities ramp up. Altcoins have grown significantly since Bitcoin's price moved to the $80,000 mark as traders looked to maintain buying confidence.

TL;DR Chainlink surpassed $29 for the first time in 37 months, although it is currently at $28 after a brief retracement. Whales and institutional investors have accumulated more than 5.6 million tokens in two months, driving the price and open interest in futures to a record $770.27 million. If it surpasses $29.

The price of Solana has risen to $231, rallying by 3% as Bitwise's head of research predicts that the coin could rise as high as $750 next year. The post Solana Surges Past $230 – Is a $750 Price Target Now in Play? appeared first on Cryptonews.

Dogecoin has seen choppy price action over the past few weeks, reflecting the broader market's indecision. After reaching a new yearly high of $0.484, the price retraced sharply, losing over 25% of its value.

On December 12, 2024, Chainlink (LINK) seems to be in the eyes of both whales and institutions, leading to a notable price surge in the past 24 hours. According to a whale transaction tracker on X (formerly Twitter), significant accumulation has been reported, ranging from wallet-linked Trump to whales.

Bonk (CRYPTO: BONK) continues to chase Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), performing slightly better than its two bigger rivals over the past 24 hours. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003949 $2.98 billion +2% -8.4% Dogecoin (CRYPTO: DOGE) $0.4148 $60.9 billion +0.2% -8.1% Shiba Inu (CRYPTO: SHIB) $0.0000288 $16.9 billion +0.2% -10.1% Trader Notes: Crypto trader Cold Blooded Shiller noted Bonk chart is reflecting a huge weekly retest:

Solana's first crypto perpetuals aggregators service wants to compete with market leader Hyperliquid.

Chainlink is among top gainers on Dec. 12 as its price breaks to its highest level in nearly three years, with this coming as futures open interest spiked to an all-time high.

The sale follows shortly after the Avalanche9000 upgrade went live in a testnet environment.

More than 40 venture capital firms pitched in to help Avalanche Foundation raise $250 million ahead of its major "9,000" network upgrade.

Solana (SOL) has experienced a resurgence in price, climbing 5% over the past 24 hours. As of this writing, the altcoin trades at $233.

Chainlink's price has surged significantly after the company swapped millions of USDC for ETH, LINK, and AAVE. The purchase of LINK and AAVE, valued at over $1 million each, coincided with a sudden uptick in their prices.