The Solana (SOL) price is trying to continue its modest comeback on Christmas Day 2024, and was last probing for a push back above the $200 level. The post Solana Price Set to Explode Once It Breaks Above This Key Level appeared first on Cryptonews.

Bitcoin's recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.

Solana, dubbed the Ethereum killer, appears stuck below $200, with trading volume dropping nearly 19 percent. This critical moment has market observers questioning if the once-bullish crypto can regain momentum before further declines.

Real-world asset (RWA) tokenization could become a multi-trillion-dollar industry by 2030, according to Boston Consulting Group.

Solana price has been on the investors' radar lately amid a flurry of developments in the market. However, the crypto has recorded gloomy trading recently, as evidenced by its seven-day and one-month performances.

The native token of the Sui blockchain experienced a significant surge ahead of Christmas Eve despite the overall weakness that the crypto market has displayed as investors believe that this network could easily compete and beat Solana at its own game. On December 23, the $SUI token experienced a 9% increase that pushed to $4.

Solana (SOL), also dubbed the "Ethereum killer," appears to be nearing its limit in the ongoing bullish cycle. Within the past seven days, the sixth asset by market capitalization, worth about $95.25 billion, has struggled to stay above the $200 support level.

Q4 2024 marked the start of a new crypto bull market cycle, with most projects rallying to impressive gains. However, some cryptocurrencies outperformed others, led by strong momentum and favorable narratives, which could happen again in Q1 2025.

Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market.

Bitcoin recently surged close to $100K, undergoing over 6% rise ahead of Christmas. This move circulated bullish waves across the markets as most of the altcoins surged back within a bullish pattern.

The cryptocurrency market is buzzing with activity as Solana (SOL) teases a potential breakout, and memecoins like Dogwifhat (WIF) aim for recovery. Amidst this excitement, a new player, DTX Exchange (DTX), is set to redefine trading by offering a unified platform for managing diverse assets. Let's explore these developing trends from a closer lens.

On Dec. 4, Bitcoin (BTC 4.63%) crossed the $100,000 price level for the first time. That highlighted a post-election rally that saw Bitcoin soar by more than 40% within a remarkably short period of time.

As it turns out, Solana (SOL), probably the third most popular blockchain right now and definitely the second most popular alternative cryptocurrency on the market, just hit a new all-time high in daily transactions.

2024 is officially the year of degens. CoinGecko traffic analysis revealed that meme coins captured 31% of investor interest.

Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels.

Donald Trump's election win has fueled optimism around top altcoins issued by US-based firms. Besides, several experts have further fueled optimism with anticipation over a surge in crypto ETFs this year.

Solana (SOL) reached a new daily transaction record, handling 72M transfers, despite a 37% transaction failure rate. Solana gets a boost from meme token activity and the spike of Pengu (PENGU) trading.

Solana on-chain activity reached a new all-time high, coinciding with a 30% surge in Pudgy Penguins token Pengu.

Sonic SVM, the developers of one of the first tap-to-earn (T2E) games available on TikTok, announced that users of the video-sharing platform will also be eligible to receive a portion of its $SONIC airdrop. In a relatively short period, the SonicX game managed to attract over 1 million users after a month of its launch.

Solana‘s (CRYPTO: SOL) growth over the past two years, marked by a staggering 2,143% price increase, is rooted in a substantial $55 billion influx of new capital, according to a recent analysis by Glassnode. The report, released earlier in the week, delves into the network's underlying dynamics, revealing robust investor demand that, despite profit-taking, hasn't reached levels traditionally associated with market tops.

The year 2024 marked a historic milestone for the cryptocurrency ecosystem. It witnessed the approval of the first Bitcoin and Ethereum exchange-traded funds (ETFs), signaling a seismic shift in institutional adoption.

Rare buy signal on Solana charts hints at rebound as traders eye $250 breakout!

As Bitcoin rallies toward a potential $180,000 mark, savvy investors are searching for undervalued altcoins with significant growth potential. While Solana has garnered attention, alternatives like Rexas Finance (RXS), Cardano (ADA), and PEPE present promising opportunities. These tokens stand out due to their unique features, affordability, and potential for exponential gains in the coming months.

Solana (SOL) price reached a new all-time high on November 22 but has been in a corrective phase since, currently trading 27% below that peak. Recent technical indicators highlight mixed signals, with bearish momentum showing signs of easing but still dominating the market.

Solana (SOL) is showing early signs of a potential rebound, supported by its current technical setup.

Recent trading activities reveal that Solana (SOL) is showing signs of renewed strength as its price stages a notable recovery. After enduring a period of bearish dominance, SOL has found support at $164, sparking optimism among market participants.

Solana, like a Phoenix, rises from the ashes of FTX. With a 2,000% increase, it makes Bitcoin and Ethereum look outdated, showing record volumes and spectacular inflows.

Solana price today trades at $191 after falling by 27% from the year-to-date high $264. This crash has coincided with the recent crypto crash that has pushed Bitcoin and most altcoins sharply lower.

In the rapidly evolving world of blockchain technology, Sui, Toncoin, and Solana are cutting-edge platforms designed to address the limitations of traditional blockchains while pushing the boundaries of scalability, speed, and efficiency. In this article, we'll study how these blockchains are reshaping the decentralized ecosystem, addressing key challenges like scalability, speed, and efficiency.

The pattern has its roots in the behavioral aspects of trading and often sets the stage for bigger bull runs.

In December, Solana continued to outperform Ethereum in the decentralized exchange (DEX) industry for the third consecutive month. Thanks to the growing popularity of memecoins, Solana recorded record transaction volumes, thereby consolidating its position against crypto giants like Ethereum.

More allocation, more ETPs? The momentum behind crypto ETFs reflects a maturing market ready to take its next big leap in 2025.

5 small-cap cryptocurrencies are poised to outperform Solana and TRX by 2024, offering remarkable growth potential. #partnercontent

The 50 EMA, a crucial technical level that serves as a solid support for bullish momentum, has been breached by Ethereum. The asset is at a turning point, and the sustainability of its bullish trend is called into question, as is its capacity to sustain its recent recovery.

Currently, Solana ($SOL) struggles to keep the $180 range, while Ripple ($XRP) struggles to maintain a $2 price point in the recent period. Adding to the intrigue, Solana's descent from $260 to $180 has seen it surpassed by $XRP in market capitalization, a development that has shocked the entire crypto community.

Solana GameFi network Sonic will airdrop free tokens to TikTok users for joining its crypto game.

In a sea of noise, the real winners of Web3 will be those who turn raw on-chain data into actionable signals for sustainable growth.

Hyperliquid's HYPE, following its billionaire airdrop, surged to a new all-time high on December 21 before entering a steep correction. Meanwhile, RENDER, the leading AI-focused token, has seen a sharp 20% decline over the past week, with its market cap falling to $3.7 billion.

Bitcoin remains under pressure, but the bulls are expected to defend the $90,000 support.

The US Securities and Exchange Commission (SEC) looks likely to approve a Solana exchange-traded fund (ETF) under Donald Trump's administration. With this Solana ETF approval looking imminent, there are tokens that are ready to enjoy a 5x price increase once this happens.

The price of Sui has dropped by 3.5% in the past 24 hours, yet traders are predicting that it will continue growing as its platform looks to rival Solana. The post Sui Is Down but Analysts Say It's Gearing Up to Become the “Next Solana” appeared first on Cryptonews.

Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.

Mike Ippolito of Blockworks sees a resurging Ethereum (CRYPTO: ETH), an evolution for Solana's (CRYPTO: SOL) and the expanding role of stablecoins and AI as key trends in crypto in 2025. What Happened: In a thread on X on Sunday, Ippolito said he believes the U.S. will dominate the global crypto scene, with domestic conferences surpassing Asian counterparts in size and influence.

Solana's continued doing well in December, as meme coins helped it gain market share against Ethereum and other blockchains. According to DeFi Llama, Solana's (SOL) protocols in the decentralized exchange industry were the most active in December.

Solana (SOL), the world's fifth-largest cryptocurrency by market cap, has experienced a notable price decline in recent days.

Last week, digital asset investment products continued to attract inflows, totaling $308 million. However, these inflows obscure one of the largest single-day outflows, recorded on December 19, with a total of $576 million. In the last two days of the previous week, global outflows reached $1 billion.

Solana has rebounded by 0.5% in the past hour, with the coin in a position to recover strongly from its losses over the weekend. The post Solana Rebounds From $175 Low – Could This Be the Launchpad to $300? appeared first on Cryptonews.