TL;DR 21.co has integrated Chainlink Proof of Reserve on the Solana and Ethereum mainnets to enhance the transparency of its Wrapped Bitcoin (21BTC). 21BTC, launched in May 2024, is a native token fully backed 1:1 by Bitcoin reserves, which are held in cold storage and under institutional custody.
Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.
A crucial metric reveals that Solana (SOL) is asserting itself in the world of altcoins. Within the past 12 months, SOL has registered an astronomical growth rate as it takes on Ethereum (ETH), the second-largest cryptocurrency.
StepN Go, a social lifestyle app, has announced a second collaboration with German sports footwear retailer Adidas to launch a non-fungible token (NFT) sneaker collection, Genesis, on the Solana blockchain.
Virtune expands into the Netherlands, listing its Staked Solana ETP on Euronext Amsterdam to enhance crypto access.
Cryptocurrency prices were mostly flat on Sep. 23 as traders embraced a wait-and-see approach after last week's Federal Reserve decision.
A trader made 1.3M after buying 6 SOL ($800) worth of Moodeng. The news was shared by Arkham in an X post, today on September 23.
Recent price action indicates strong support at key levels setting up Solana for a possible move higher. If certain short-term requirements are satisfied, analysts see $160 as the next possible target.
"We recently launched cbBTC on Base, but our users love Solana, and so do we," said Hassan Ahmed, Coinbase's country director for Singapore.
Coinbase is set to introduce its wrapped Bitcoin token, cbBTC, to the Solana blockchain, following its recent successful rollout on Ethereum and Base networks.
As SUI outperformed most coins with a 40% weekly rise, AMBCrypto is interested in the possibility of it replacing Litecoin.
Solana (SOL) has been a standout performer, experiencing a notable surge of over 7% in just the past week. As of now, SOL is trading at approximately $147.28, edging closer to a crucial resistance level at $154.
The Solana price has dipped today to $143.82, marking a 1% decline in 24 hours as the cryptocurrency market as a whole barely moves.
Skybridge Capital founder Anthony Scaramucci believes the Solana network will lead the future of asset tokenization. In a speech at the recently concluded Solana breakpoint conference, Scaramucci noted that asset tokenization has massive potential and could save the world as much as $7 trillion by streamlining the financial systems.
The popular crypto exchange revealed that it will be bringing native cbBTC (Coinbase Bitcoin) to the Solana blockchain. But what does this mean, and why should we care?
The AI highlights the characteristics that make SOL potentially an interesting investment.
Solana (SOL) may eye another price rally in the coming days after a recent recovery. While SOL is still stuck in a consolidation price region, the recent price increase has started to hint toward a more sustained rally.
Road Town, British Virgin Islands, 23rd September 2024, Chainwire
On September 21, Travala, a crypto-based travel booking platform, announced its integration with the Solana blockchain during the Solana Breakpoint conference in Singapore.
Solana (SOL) has seen substantial growth in its ecosystem in the last few years. This is why it is the 5th largest cryptocurrency, with a market cap of $70.9 billion. Solana has increased around 12% in the last two days, breaking from the descending trendline in July this year.
TL;DR Sui Ecosystem's TVL Surges: The Sui ecosystem's Total Value Locked (TVL) has surpassed $900 million, making it the 8th largest blockchain by TVL. Token Value Increases: Sui's native token has seen significant gains, rising from $1.30 to nearly $1.60 in the past week, reflecting growing investor confidence.
Solana (SOL) has been inching upwards, currently trading at $145.41 after a modest gain of 0.53%. The bulls are aiming for a push toward $151.39, which is the next significant resistance level.
TL;DR Zero-Fee Transactions: Travala.com now supports zero-fee transactions for travel bookings using Solana (SOL), Tether (USDT), and USD Coin (USDC) on the Solana network. SOL Rewards: Users can earn up to 10% in SOL rewards through Travala's Smart Program, making SOL the third reward token available alongside Bitcoin and Travala.com Travel Credits. Multi-Chain Expansion: Travala.
SUI impressive bullish momentum appears to be losing steam as technical indicators point toward a potential cooldown, with the Relative Strength Index (RSI) signaling overbought conditions, raising concerns about the sustainability of the recent rally. The $1.4 level is now in focus, as this cooling strength suggests that a pullback could be on the cards, offering a critical moment for SUI as it navigates through growing market pressure.
The ecosystem is thriving, reaching new highs in Total Value Locked (TVL) and its native token's performance.
Travala, a cryptocurrency-based travel booking platform, has expanded its payment options to include major tokens from the Solana blockchain.
As the bull run in the crypto market gains momentum, the SUI price skyrockets at a breakneck speed. With a streak of bullish candles, the uptrend in SUI is challenging a resistance trendline near the initial price of $1.6785. Will a new breakout run surpass the 78.
Bitcoin (BTC) is inching towards the $65,000 mark after it jumped past $63,000 early on Monday. The world's largest cryptocurrency has been up over 2% in the past 24 hours and has risen almost 10% over the past week.
SUI has experienced a price surge of 9.7%, fueled by increased DeFi activity and crossing $900 million in total value locked, placing the blockchain among the top performers. The SUI price and the price of Bitcoin both reached new all-time highs earlier this year in March when they both surpassed $2.08.
A couple of years ago, altcoins like Solana, POS (Polygon), Dogecoin, Uniswap, Chainlink, etc. surged historically and demonstrated one of the iconic bull runs. Now that the traders have shifted their focus onto the other platforms, the next set of altcoins is set to initiate a massive run in the coming weeks.
Crypto analyst Ali Martinez says that the time for altcoins to outperform Bitcoin (BTC) is fast approaching, with Dogecoin (DOGE) perhaps set to benefit.
Sui Network's TVL surpasses $900 million as its native token SUI experiences a significant price rise
Travala integrates Solana blockchain to expand crypto payment options for travel bookings, introducing SOL rewards and partnering with Skyscanner
Solana (SOL) finds itself at a pivotal point. Recent market activity has raised eyebrows, particularly regarding whether SOL could revisit the $85 mark.
Sui price has grown significant in the past 24 hours as the protocol's DeFi TVL jumped to a new high.
Travala integrates Solana blockchain for seamless crypto payments, allowing hotel and flight bookings via SOL, USDT, and USDC.
SOL is running the Solana machine at full capacity with 67.8 billion exchanged. The bankers are left speechless!
This week's top crypto stories involve major shifts expected to shake the industry. Binance founder Changpeng Zhao (CZ) is nearing his release from a four-month sentence.
Thanks to a new feature from Helio Pay, Shopify merchants can sell their items directly on X (formerly Twitter) using Solana Blinks. Shopify is a platform where businesses create online stores.
As the cryptocurrency market experiences a resurgence, Solana price finds itself at a pivotal moment. With Bitcoin leading the charge in recovery and the launch of the Solana Seeker mobile fueling optimism, SOL has shown significant upward momentum.
Analysis of refund policies and the regulatory context.
Validator clients like Firedancer will play a crucial role in processing transactions and building blocks on Solana's nearly $70 billion network.
Solana-killer Layer 1 blockchain – Sui Network – is witnessing a strong demand within the decentralized finance (DeFi) market thereby triggering a strong recovery in the SUI price. Over the past month, SUI has gained a massive 60% moving all the way to $1.60 levels in the latest surge.
Solana, a blockchain platform known for its speed and scalability, has experienced a rollercoaster ride this year. It started 2023 trading at approximately $101.91, reaching a peak of over $200 by mid-March.
Anthony Scaramucci, CEO of investment firm SkyBridge Capital and a vocal cryptocurrency advocate, predicted a significant role for Solana (CRYPTO: SOL) in the impending layer-1 blockchain revolution, while also revealing his substantial exposure to the fifth-largest cryptocurrency. What Happened: During the recent Breakpoint 2024 conference, Scaramucci highlighted the potential of tokenization to revolutionize the current financial system.
Solana (SOL) has been making waves in the cryptocurrency market, attracting attention from both retail and institutional investors. In the past week alone, Solana's price has increased by 7.5%, outpacing many top altcoins like Ethereum and BNB.
Will Solana drop to $85 again? See what the metrics tell about that outcome.