Solana's next move is anyone's guess, but it's clear that the stakes are high for anyone involved in the market.

Hovering within a descending triangle pattern on the chart, XRP is clearly struggling. Although XRP experienced a huge spike earlier, it is currently struggling to recover and surpass significant resistance levels.

Solana's investor base is demonstrating unwavering confidence as the network sees a shift in the profile of its long-term holders. According to on-chain data from Glassnode, many more Solana addresses are moving into the long-term holder base, which showcases strong conviction from investors who entered the market during the recent 2024 rally.

Exploring ENA's upside potential after recent Trump-backed project move.

On Sunday, the crypto market economy has held steady at a whopping $3.66 trillion, climbing roughly 1.82% in the last day. Today's star performer is Ethena's ENA, which skyrocketed by 23.08% over the past 24 hours. Meanwhile, the Bitcoin-based meme coin known as dog go to the moon (DOG) has leaped 15.41%.

Asia is home to about 32% of crypto developer activity, Electric Capital's annual study reveals—and new devs favor Solana over Ethereum.

Solana enjoys several key growth indicators, including an 18% increase in its TVL over the past month, per DeFi Llama.

ENA, the native token of Ethena — an Ethereum-based synthetic dollar protocol — has experienced a 13% surge over the past 24 hours. This rally comes as the market awaits the launch of Ethena's new stablecoin product USDtb, on December 16.

Solana price, a Layer 1 blockchain, has showcased remarkable growth in the cryptocurrency market, surging notably since November's start. This bullish momentum aligns with a wider market recovery, signaling potential for further gains.

Ethena price maintained a strong comeback as its assets jumped to a record high on the heels of Donald Trump's World Liberty Financial buying the token.

Over the past month, Solana has underperformed noticeably with prices declining and exhibiting notable hesitancy at important resistance levels. Renowned cryptocurrency analyst Chris Burniske claims that the main cause of this poor performance is the build-up to a token unlock event that is set for March 1, 2025.

Glassnode reveals long-term investors holding SOL as selling pressure fades. With Solana at $218, will a breakout above $227 trigger a major rally? The post Solana Confidence Surges Among Long-Term Investors – Is a Price Explosion Coming? appeared first on Cryptonews.

Like a beacon in the crypto storm, Solana inspires loyalty. Those who believe hold firm, hoping for a bright future.

According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether's utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year's October numbers, when it scored 600,000 transactions and transferred nearly $40 million.

Drake's X account was hacked to promote a Solana-based memecoin named $ANITA. The scam generated $5M in trading volume before being exposed and removed.

Solana (SOL) has been grappling with a persistent price decline over the past few weeks amid the pullback in the broader cryptocurrency market. It currently trades at $218.76, noting an 8% price drop over the past seven days.

VanEck has forecasted that Bitcoin, Ethereum, and Solana will hit new all-time highs in 2025, driven by several key factors.

As blockchain technology continues to evolve, two distinct innovations have emerged as game-changers in the industry: Solana and Lightchain AI. While Solana focuses on scalability and speed, Lightchain AI aims to revolutionize the application of artificial intelligence in decentralized ecosystems.

Solana could surpass the $500 mark in 2025, says VanEck.

Key Points:

The memecoin was purportedly themed after Drake's cartoon "alter ego" Anita Max Wynn and saw $5 million in trading volume before collapsing.

As Solana (SOL) seeks to breach the long-term resistance at the $250 mark, the decentralized finance (DeFi) ecosystem is backed by a dynamic holder base, including institutional and retail investors.

Solana (SOL) has been in the news over the last few weeks, albeit for different reasons. The popular altcoin was one of the many benefactors of a Donald Trump presidential victory, rising by 67.69% in three weeks after November 5 to reach a new-all time of $263.

Skepticism around ENA could keep its price closer to its press time levels.

Amid the ongoing consolidation in the cryptocurrency landscape, asset management giant VanEck has made a bold prediction for Solana (SOL). This forecast has captured widespread attention from the global crypto community, particularly as it comes during a period when SOL has been struggling consistently.

Solana's long-term holder activity is rising. Coupled with a $9 billion surge in TVL, these trends reflect strong investor confidence and growing network utility.

New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise.

Solana (SOL) nears a breakout above $227.35, targeting $264 and possibly $300. Learn about key price levels, technical indicators, and related ecosystem tokens. The post Solana's Breakout Momentum Builds – Could $300 Be Just the Beginning? appeared first on Cryptonews.

As its price action tries to bounce back from recent losses, Solana finds itself in a vulnerable position. A declining trendline on the chart indicates persistent selling pressure, and buyers are frantically attempting to protect the 26 EMA, a crucial support level.

Solana faces competition as Lightchain AI, with AI-powered blockchain tech, offers a bold vision for decentralized creativity. #partnercontent

VanEck forecasts explosive growth for Bitcoin, Ethereum, and Solana, with prices reaching $180K, $6K+, and $500+ by 2025. Adoption, staking innovations, and DeFi advancements lead the charge.

Leading cryptocurrency asset Solana (SOL) is demonstrating notable renewed price momentum as it aims to challenge several key resistance points. These crucial levels have proven vital for its next major rally to higher levels, possibly to a new all-time high in the upcoming weeks.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

While Solana attracted more new developers, Ethereum retained its lead in monthly activity and code commits.

VanEck, an asset management firm, has projected that Bitcoin, Ethereum, and Solana will reach new all-time highs (ATH) in 2025. The firm's December 13 report outlined key market trends and predicted a cryptocurrency bull cycle peaking in the first quarter of the year, followed by corrections and a recovery to historic highs in the fourth

The cryptocurrency space has witnessed significant growth in developer activity in 2024, with Solana emerging as a surprising leader in attracting new developers, surpassing Ethereum for the first time. According to Electric Capital's 2024 Developer Report, Solana has attracted 7,625 new developers, surpassing Ethereum's 6,820 new developers.

The makers of Pudgy Penguins are launching a Solana token. Here's what you need to know about the airdrop, launch plans, and tokenomics.

U.S. asset manager VanEck has published its predictions for cryptocurrency prices in 2025, anticipating further bullish price action next year. Prediction #1: New Highs For The Crypto Bull Market VanEck expects the crypto market to reach a medium-term peak in the first quarter of 2025, with Bitcoin (CRYPTO: BTC) potentially hitting $180,000 and Ethereum (CRYPTO: ETH) exceeding $6,000.

Solana (SOL) price, a layer 1 blockchain, has shown a strong upward trend in the crypto market. Starting from early November, the price of SOL has soared, overcoming multiple resistance levels as bullish sentiment grows.

Bitcoin is facing selling above $100,000, but the repeated retest of a resistance level increases the likelihood of a breakout.

Technical analysis of Solana, Sui, and Ava highlighting key patterns, potential price targets, and risks at critical price levels.

Solana meme tokens are still highly active, with five assets breaking the $1B market cap barrier. AI agents are also boosting Solana meme activity.

While Solana has pared gains since hitting an all-time high above $263 in November, long-term holders are increasingly bullish.

A cryptocurrency trader has lost nearly $74,000 in just three minutes with a common trading mistake. The trader was speculating with the $RICH memecoin on Solana (SOL), losing 325.8 SOL in two poorly executed trades.

A recent report highlights that Solana (SOL) emerged as the most popular ecosystem for new developers this year, marking a significant shift in the blockchain space.

Sol Strategies has announced plans to list on Nasdaq following a remarkable 2,336% increase in its stock since July.

Solana (SOL), the fifth-largest cryptocurrency by market capitalization, could be on the verge of a significant breakout, according to the co-founders of Glassnode, known as “Negentropic” on X (formerly Twitter).

Solana appears to be vying to retake the podium with its latest victory, becoming this year's leading ecosystem for new developers, ending Ethereum's 8-year dominance. The post Solana Beats Ethereum – Is a $500 SOL Price Now Within Reach? appeared first on Cryptonews.