Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.

Solana has risen by 5% today, climbing to $236 after Grayscale filed to transform its Solana Trust into a ETF. The post Grayscale's Spot Solana ETF Could Ignite SOL to $400 – Here's Why Bulls Are Watching appeared first on Cryptonews.

The cryptocurrency landscape is teeming with innovative projects, but some stand out for their unique inspiration. Enter $MOTH on Solana, a memecoin built around the internet's fascination with $MOTHs and their irresistible urge to become one with the lamp.

Two leading altcoins, XRP ($XRP) and Cardano ($ADA) are both surging this week despite only moderate advances by market leaders Bitcoin ($BTC) and Ethereum ($ETH). In the last seven days, Ripple's payments focused XRP blew up 78.5% to trade at $2.56.

The XRP price has been on a roll, with a gain of around 90% in the last seven days, providing a bullish outlook for the crypto. This bullish momentum might just be getting started as XRP is nearing the legendary 4.236 Fibonacci level, suggesting that a rally to $9 is possible.

XRP is up and Forbes' earlier report has stirred up the crypto community. The report labeled some top cryptocurrencies, including XRP, as “zombie tokens.

While Ripple-linked XRP has clearly led the market rally over the past month, Tron's TRX is also stealing the spotlight. In the past 24 hours, TRX has spiked by over 70% to set a new record high above $0.4313, pushing it closer to the top 10 crypto assets by ranking, CoinGecko data shows.

Ripple's XRP has had a remarkable performance in November and early December 2024, earning investors' attention and deployed capital. However, different indicators suggest that XRPL's native token could soon experience a corrective crash, raising alerts in the trading community.

XRP traders have been taking profits. Among the beneficiaries is the top trending new cat-themed meme coin Catslap ($SLAP), which is expected to announce its first centralized exchange (CEX) listing tomorrow, Thursday December 5. XRP has fallen back from $2.86 to $2.

After a notable upside rally in the past, XRP, the native token of Ripple Labs is poised for price correction as its chart is flashing a sell-off signal. However, this bearish or negative outlook is further getting support from large holders.

DonAlt, a popular pseudonymous cryptocurrency trader with more than 625,000 followers on the X social media platform, has opined that the Ripple-affiliate XRP cryptocurrency is "infinitely better" than meme coins when it comes to actual use cases.

Ripple is in the process of obtaining approval for its stablecoin RLUSD in New York. This implies that the cross-border payment corporation will be permitted to participate in the regulated US crypto market.

Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.

Grayscale files with the SEC to convert its Solana Trust into a spot ETF, competing amid Solana's rising popularity.

What makes Pump.fun dominate Solana's DEX market, even as scandals rock its ecosystem and raise questions about its sustainability? Pump.

SOL has lost its spot as the fifth-largest cryptocurrency to BNB.

XRP performance over the past week and month is nothing short of spectacular, climbing 78.54% and 403.57%, respectively.

Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year's top performers, boasting an impressive 275.85% gain year-to-date.

Pump.fun achieved $93M in revenue despite controversy and livestream content issues. Solana meme tokens like PNUT and CHILLGUY drive significant platform growth.

Volatility has continued to rock XRP following its fall from a 24-hour high of $2.72 to a low of $2.361. With the price dropping this low, XRP Futures Open Interest (OI) also nosedived by over 12% within the same period, per data from CoinGlass.

Not all celebrations come without shadows, even in the world of cryptocurrency. While XRP's price has surged nearly 400% since early November - climbing to a remarkable seven-year high of $2.9 - criticism has surfaced alongside the gains.

XRP has fallen by 5% in the past 24 hours, but the coin still retains plenty of momentum after breaking out of a long-term wedge pattern. The post XRP Surges Amid Bullish Wedge Pattern – Analyst Claims It Will Never Drop ‘Below $2 Again' appeared first on Cryptonews.

Ripple price held steady near its highest level this year ahead of the highly anticipated RLUSD stablecoin launch. Ripple's (XRP) coin was trading at $2.55 Wednesday morning, within striking distance of its year-to-date high of $2.900.

As the early excitement of Grayscale filing for Solana fizzles out, Solana faces a minor pullback. But will the growing bullish leverage drive the rally further?

Ripple Labs has intensified testing its stablecoin, RLUSD, as it aims to expand its role in the growing stablecoin ecosystem. Recent transactions revealed the minting of nearly 10 million RLUSD tokens on the XRPL.

XRP, the third-largest cryptocurrency by market capitalization, has captured attention with its recent price movements. XRP, which is currently trading around $2.65, is on the verge of a significant milestone - reaching $3.

Prominent blockchain tracker Whale Alert, which monitors large cryptocurrency transfers, has spotted two transactions, which moved a substantial amount of XRP each. One of them was transferred to the largest U.S. crypto exchange, Coinbase.

Ripple's long-awaited RLUSD stablecoin is set to go live on December 4, after receiving approval from the New York Department of Financial Services.

Justin Sun, Tron's (TRX) founder and BitTorrent owner, has hinted at a potential RLUSD release on Tron (TRX). Meanwhile, the community is expecting the asset to go live today, Dec. 4, 2024, following highly anticipated New York regulator approval.

XRP, the third-largest cryptocurrency by market capitalization, has recently outperformed the top ten cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). This significant momentum comes as investor sentiment grows in anticipation of clearer regulatory frameworks in the United States, especially following Donald Trump's election.

South Korea's political turmoil triggered a sharp decline in Bitcoin's Korea Premium Index, causing flash crashes in Bitcoin and XRP prices.

Solana (SOL) price has experienced a remarkable surge, gaining 40% since early November. This growth reflects the broader market's bullishness, highlighting SOL's potential for further momentum.

The highly anticipated launch of Ripple's dollar-pegged stablecoin, RLUSD, is expected to take place today, December 4, 2024. However, Ripple is reportedly awaiting approval from the New York Department of Financial Services, according to local media reports.

Binance's asset BNB has risen more than 20%, surpassing Solana to take fifth place among cryptocurrencies in terms of market value. The price of BNB hit a record high of $776, solidifying its position as the market leader.

Tron (CRYPTO: TRX) is riding a wave of altcoin optimism, with traders forecasting additional upside based on historical bull-market patterns. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Tron (CRYPTO: TRX) $0.3751 $32.4 billion +60% +86.9% Ethereum (CRYPTO: ETH) $3,705.58 $446.2 billion +3.5% +6.4% XRP (CRYPTO: XRP) $2.56 $145.9 billion -2.6% +79.3% Trader Notes: Crypto trader Javon Marks highlighted Tron's bullish momentum, suggesting it could surge another 369% based on logarithmic price movement analysis, potentially reaching $1.11—a historic high for the asset.

The Koii Foundation is giving a special gift to 110,000+ Solana Mobile Seeker pre-order token holders. This gift is a free airdrop of their $KOII token.

The breach led to $160,000 in stolen assets, including SOL tokens and other crypto assets, according to Solscan data.

Ripple CTO David Schwartz celebrates 12 years at the company as XRP surges to a multi-year high, reclaiming the third-largest cryptocurrency spot amid growing market activity.

BNB's derivatives market activity has also spiked, with 301% volume growth and a 40% open interest increase, supporting the recent rally.

XRP has stayed strong so far. Keeping the community spirit high, Ripple CEO Brad Garlinghouse has given an ultra-bullish message about XRP after its recent stunning price surge. He reposted an X post from Austin Reid, the global head of revenue at crypto brokerage FalconX, who declared that “XRP trading is on fire.

Ripple's XRP price surge propelled its market capitalization past $150 billion, which would place it among the top 100 companies in the United States if it were a corporate entity. Data from CryptoSlate shows that the digital asset, whose value more than doubled in the past month to as high as $2.82 on Dec.

Joining a competitive race amid Solana's significant market growth, Grayscale Investments has filed with the SEC to convert its Solana Trust into a spot ETF on NYSE Arca.

XRP has experienced an impressive 424% rise in the past four weeks, bringing it closer to its all-time high (ATH) of $3.31. This sharp increase has drawn significant attention, signaling potential for further gains.

PancakeSwap, a leader in decentralized finance (DeFi), has unveiled SpringBoard, a streamlined token creation platform designed for the BNB Chain.

Despite the Bitcoin price struggling to take off from the $96,000 support level, Solana comes as a rising altcoin. With Grayscale filing the 19b-4 form to turn its Solana Trust into an ETF, the market sentiments for Solana have significantly improved.

A widely followed cryptocurrency analyst and trader believes the top is not yet in for one red-hot large-cap altcoin. The analyst pseudonymously known as Credible Crypto tells his 443,500 followers on the social media platform X that payments-focused crypto asset XRP could surge more than 65% from its current value.

XRP has witnessed one of the most iconic price breakouts in the cryptocurrency market, but to one analyst, this momentum does not add up.

The recent rally, which has taken XRP prices from below $0.50 to over $2.61, has analysts and experts pondering the situation and considering the following scenarios for the currency. Some still believe it has the potential to keep growing, while others think a correction is due.