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news-imageNovember 5, 2024

Why Tron (TRX) is Surging, Solana (SOL) May Recover, and XRP Could Be Set for a Reversal

The cryptocurrency market is always in motion, but recent developments in popular coins like Tron (TRX), Solana (SOL), and XRP are catching the eyes of traders and investors. While some coins are struggling, others are showing signs of hope.
Publisher: The Currency Analytics
Sentiment: Positive
SOL
TRX

More News Articles

Positive
cover-imageThe Currency Analytics
November 5, 2024

XRP's 7-Year Unbroken Support Signals Potential Bullish Trend

XRP, the digital asset linked to the Ripple network, has been a subject of much debate among cryptocurrency traders and analysts. A recent chart analysis by crypto analyst Egrag has drawn attention to an interesting feature in XRP's price history: a seven-year unbroken support level.

Positive
cover-imageCryptonews
November 5, 2024

Helio Pay Leverages Solana's Power to Expand Crypto Payments on Shopify

Helio Pay has expanded its Solana Pay integration on Shopify, enabling merchants to accept a wider range of cryptocurrencies, including Bitcoin and Ethereum, while streamlining transaction management and enhancing payment flexibility for customers. The post Helio Pay Leverages Solana's Power to Expand Crypto Payments on Shopify appeared first on Cryptonews.

Positive
cover-imageBitcoinist
November 5, 2024

Solana's Network Usage Skyrockets: On-Chain Transfer Volume Reaches New Height

Solana continues to demonstrate its robust stance in the broader blockchain sector following a recent significant increase in on-chain activity, with transaction volumes and user engagement rising massively across its network. Generally, SOL's market performance may benefit from this substantial growth, which could indicate persistent network scalability and health.

Neutral
cover-imageCoingape
November 5, 2024

XRP Whales Move $814 Million, What Is Going On?

XRP price has recovered above the $0.50 support amid massive whale transfers from South Korea's Bithumb exchange. In the past hour, over 1.6 billion XRP tokens, valued at approximately $814 million, were moved from the exchange to unknown wallets.

Negative
cover-imageBitcoinist
November 5, 2024

Spot Solana ETF Proposal Clouded By VanEck's Wash Trading Concerns

VanEck's proposed spot Solana (SOL) exchange-traded fund (ETF) is facing scrutiny due to concerns over wash trading and the nature of on-chain activity. Matthew Sigel, Head of Digital Assets Research at VanEck, published an in-depth analysis on Tuesday, comparing SOL's metrics with those of Ethereum to provide context and clarity.

Positive
cover-imageCoingape
November 5, 2024

TRON Price Is Ready To Soar 150%, But Here The Caveat

TRON price is poised for a significant 150% breakout, but there is an important caveat to consider before getting too optimistic. While the potential gains are enticing, the TRX chart setup shows a sTRONg resistance that the price must first overcome before it can rally 150%.

Positive
cover-imageCoingape
November 5, 2024

TRON Price Is Ready To Soar 150%, But Here's The Caveat

TRON price is poised for a significant 150% breakout, but there is an important caveat to consider before getting too optimistic. While the potential gains are enticing, the TRX chart setup shows a sTRONg resistance that the price must first overcome before it can rally 150%.

Positive
cover-imageThe Currency Analytics
November 5, 2024

XRP Lawsuit: Mark Yusko Says New SEC Leadership Could End Ongoing Legal Battles and Unlock Crypto ETFs

The cryptocurrency market is currently navigating through a complex regulatory landscape, with the U.S. Securities and Exchange Commission (SEC) playing a pivotal role in shaping the future of digital assets. Among the ongoing challenges facing the market are the legal battles involving Ripple's XRP, as well as the broader conversation about Exchange-Traded Funds (ETFs) for altcoins like Solana and XRP.

Neutral
cover-imageUToday
November 5, 2024

13 Million XRP Burn Achievement Next

An amazing milestone in the life cycle of XRP is approaching: 13 million XRP burned. Nevertheless, the effect on the dynamics of XRP's price and scarcity is negligible in the absence of a significant burning mechanism.

Neutral
cover-imageThe Currency Analytics
November 5, 2024

Solana Whale Profits from Strategic Cash-Out and Its Impact on the Market

Solana (SOL) has been on a remarkable upward trajectory, but a recent strategic sell-off by a prominent whale has drawn attention to the cryptocurrency's price dynamics. The whale, who had been accumulating SOL for months, recently sold 265,070 SOL worth approximately $43.96 million, raising questions about how such large transactions affect the broader market.

Neutral
cover-imageThe Currency Analytics
November 5, 2024

Solana's Price Outlook: Will $161 Hold as the Key Level for a Surge to $195

Solana (SOL), one of the leading cryptocurrencies known for its high-speed transactions and scalability, has been making waves in the market as traders and investors alike keep a close eye on its price movements. With the digital asset's current price hovering around a crucial support level, many are wondering: Will Solana's price rise to $195, or is it at risk of falling back?

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