Solana short sellers suffer as price unexpectedly pushed above short-term resistance, leading to a surge in liquidations.

Solana is displaying remarkable potential for recovery, and it appears that the asset may be approaching $200. The asset is currently trading comfortably above $170 after strong upward momentum was sparked by the breakthrough at $160 earlier this month.

Solana's SOL has been on a tear, leading gains among the crypto market this week amid a speculative memecoin frenzy that is driving up token prices and blockchain activity. The latest trend of artificial intelligence agents pumping memecoins is also predominantly based on the Solana network.

Sharpei's insiders apparently cashed out after prominent crypto influencers denied being involved with the fast-rising Solana meme coin.

On October 25, 2024, the overall cryptocurrency market experienced a modest recovery after a price decline in the past few days. Meanwhile, Solana (SOL) and its meme-based tokens have made waves, gaining notable attention from crypto enthusiasts with their impressive price surge.

Solana co-founder Anatoly Yakovenko has rained accolade on a crucial infrastructure pioneered by Ethereum, despite the visible rivalry between both protocols. Taking to his official X account, the Solana founder said he likes the Ethereum Design and vision.

Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.

Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.

Solana (SOL), the fifth-largest cryptocurrency by market capitalization, has set a fresh record price against rival layer-1 network Ethereum, thanks to a renewed boom in Solana's network activity.

The price of Solana (SOL) has continued to rise after breaking above resistance at $160.

Bitcoin (BTC) has recovered after facing significant selling pressure. On the 23rd, it dropped to a day low of $65,198 before recovering and pushing back above $67,000.

MetalCore will use Solana Labs' GameShift platform, which incorporates a storefront and payment systems for in-game purchases.

Sui (SUI) price has recently experienced a significant rise, attracting attention amid a struggling cryptocurrency market. Despite facing a downturn over the past week due to market corrections, the overall sentiment remains optimistic.

Solana's price recently breached the $161 barrier for the first time in over two months, signaling a strong bullish momentum. The altcoin's price surge attracted attention from traders, but despite the optimism, there are growing concerns about a potential bearish reversal.

Sui price is currently retesting the recent breakout from its previous all-time high and is technically aiming for $2.8 in the near term.

Solana (SOL), the fifth largest cryptocurrency by market capitalization, has gained traction since the week's start and is on track to mark the third consecutive day of gains since Oct. 22.

Solana has surged by approximately 600% against Ethereum since 2023 thanks to the memecoin mania.

Ethereum's gas fees have been a headache for a long time, especially during high traffic. Now, Vitalik Buterin, Eth's co-founder, is suggesting a fix to make transactions faster and cheaper.

Binance has extended its BNSOL APR Boost Campaign, allowing SOL stakers to earn up to 10% APR. The extension is due to popular demand and aims to provide additional rewards.

As Bitcoin price stabilizes above the $67,000 level, the altcoin market has regained momentum with many blue-chip and mid-cap projects recording double-digit gains in their respective portfolios.

Launched in 2020, Solana (SOL) has positioned itself among the top five cryptos in the world. Throughout its history, SOL has shown resilience in difficult times and has become a large market cap coin.

The altcoin market is transforming, heralding a new era that puts Solana at a crucial turning point.

The Solane market, the fifth largest cryptocurrency market by market cap, has witnessed a rise of 12.6% in the last seven days. At the start of this month, the SOL price was at $152.52. Now, it stands at $172.83. This indicates that so far, the market has seen a rise of 13.31%.

As 2024 draws to a close, the cryptocurrency market is abuzz with anticipation, especially for altcoins that demonstrate potential for substantial profits. Apecoin (APE), SUI, and Rexas Finance (RXS) are particularly notable among these options.

The Solana ecosystem is brewing as the market cap has surged by over 200% since the start of the year. The rise of the memecoin craze in the markets is the primary reason for the extraordinary performance. Apart from Solana, dogwifhat (WIF) & POPCAT are among the top-performing tokens within the ecosystem.

Solana (SOL) is becoming the Ethereum of this bull market. Up 30% against its USD pair since early October, $SOL is the gains leader among the top 50 cryptocurrencies by market capitalization.

Binance Coin (BNB) may be on the verge of following a similar trend to Solana's (SOL) price despite having a larger market cap than the latter. This forecast is based on the signs displayed by several technical indicators.

The meme coin ecosystem on the Solana network has surged to more than $11.7 billion and a daily average traded volume of about $3.8 billion.

Bitcoin is gaining attention again as its market dominance has surged past 57%, a level not seen since April 2021. This dominance shows Bitcoin's growing share in the overall crypto market, often a signal that investors are leaning toward its stability over more volatile altcoins.

With increased price volatility in the cryptocurrency market, top tokens have regained momentum. Moreover, altcoins such as Solana and Ripple have gained significant attention from the crypto space due to their extremely volatile price action over the past few days.

The Solana price surge has grabbed attention amid the bearish cloud hovering over the crypto market this week. What is pushing SOL price up?

The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.

The venture capital firm just released its "State of Crypto" report, and Solana stole the show.

Ethereum co-founder Vitalik Buterin has recently shared a plan to improve the gas fee structure that can boost ETH's transactions per second (TPS) by 1.5x amid the rising competition from the Solana blockchain. Buterin said that this would help to improve the transaction efficiency without compromising the network performance.

Solana price rose to twelve-week highs on Thursday, going against a market-wide struggle to stay on course for a third successive day of gains. The crypto coin traded at $173.36 at the time of writing, with gains of 1.5 percent on the daily chart.

SUI, the native token of the Layer-1 Move-programmed blockchain, reached an all-time high of $2.36 on October 12. However, significant selling pressure has prevented it from moving higher since then.

Solana continues to offer the best returns in the crypto market, surpassing even the performance of Bitcoin and Ethereum.

Dominance refers to the ratio between the market capitalization of BTC to the total market capitalization of all cryptocurrencies combined and is often used as a gauge for market sentiment. PLUS: Some Solana tokens are up as much as 70%.

Solana price could be edging closer to ending its six-month sideways movement and hinting at a massive rally. Adding credence to this outlook is an expert who issued a “final warning” as he expects SOL to soar by double digits in under two weeks.

Crypto Price Today: The global cryptocurrency market continues its cautious ascent, with a modest 0.12% increase in the last 24 hours, bringing the market cap to $2.32 trillion. Despite this uptick, the 24-hour volume surged by 17.69%, hitting $83.76 billion. The Fear & Greed Index holds steady at 52, reflecting neutral market sentiment.

The cryptocurrency market is facing sustained selling pressure, leading to a shift in overall sentiment towards a downtrend. However, Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is beating the trend as it gains attention from investors. Despite the bearish environment in the crypto market, SOL prices jumped 5% over the last 24 hours.

Ethereum Layer-1 competitor Solana (SOL) is making waves with a rapid surge of daily revenue on the platform. As a result, the SOL price has shot up 5.62% as of press time moving all the way to $174 and a market cap of $82 billion.

Solana is on track to becoming the second-largest network by DeFi TVL

The ongoing selling pressure across the cryptocurrency market has shifted the overall sentiment toward a downtrend. In this, Solana (SOL), the world's fifth biggest cryptocurrency by market cap is gaining notable attention from crypto enthusiasts as it holds itself positive in terms of price changes in the past 24 hours.

The downward spiral has reversed the positive sentiment fueled by its week-long rally.

Pump.fun's new tokenized video feature was almost immediately misused to share child sexual abuse material, which has been removed.

Elmnts launched a platform on Solana for tokenized mineral rights investments, giving exposure to real-world assets.