🚀 Stay Ahead with AltcoinDaily.co! 🌐 The Solana blockchain witnessed an extraordinary surge in activity over the last 24 hours, driven by memecoin speculation and soaring token prices. According to DeFi analyst Patrick Scott, five of the top 10 protocols by fees in the last day were Solana-based, signaling renewed enthusiasm for the network. Raydium,…
Digital asset managers, including Canary Capital, VanEck, and Franklin Templeton, are pushing for a spot Solana ETF, with filings already made to the SEC. Solana’s price shows bullish momentum, supported by technical patterns like the inverse head and shoulders and a golden cross. Following Donald Trump’s victory on Tuesday, November 5, Bitcoin and the broader…
Este artículo también está disponible en español. A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during…
Solana-based application Pumpfun is driving user engagement and transaction volume, now accounting for nearly 50% of Solana’s daily DEX transactions. If SOL breaks past $182.46, it could test $194.04, with crucial support at $165.37 and $147.55 helping to sustain the uptrend. Solana has been outperforming the broader cryptocurrency market with more than 10% gains over…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Solv Protocol has rolled out a new staking token, SolvBTC.JUP, on the Solana blockchain, aiming to attract Bitcoin holders looking for lucrative yield opportunities. In an interview on October 17, Solv shared insights into their latest offering, a liquid staking derivative (LSD) designed to generate BTC-denominated returns. The token’s…
Este artículo también está disponible en español. Solana (SOL) is currently trading near a critical support zone at $145, following a 26% surge since the Federal Reserve announced interest rate cuts on September 18. After this sharp rise, SOL experienced a slight 10% dip, but the overall market sentiment remains optimistic. Many analysts and investors…
September 28, 2024 at 04:50 PM GST updated: September 28, 2024 at 04:43 PM 2 mins read News Sui Network reaches $17B in DEX volume, ranking 2nd among non-EVM chains. Sui’s scalability and efficiency drive its rapid growth in the blockchain space. Non-EVM blockchains like Sui and Solana are gaining ground in DeFi markets. Sui…
VanEck’s report highlights Solana’s potential to double its market cap, challenging Ethereum with its low fees, fast transaction speeds, and higher transaction volume. Solana’s price could experience another explosive rally, with analysts predicting up to a 170% surge. Digital asset manager VanEck recently published a report noting that Layer 1 blockchain network Solana remains quite…
Este artículo también está disponible en español. Currently, Solana (SOL) is the fifth-largest cryptocurrency, with a market capitalization of approximately $71 billion. Following the recent decision by the US Federal Reserve to cut interest rates by 0.50% on September 18, the cryptocurrency market has seen a resurgence in investor confidence, leading to notable price increases…
Co-founder of Solana Anatoly Yakovenko has been confirmed to participate at the upcoming TOKEN2049 conference alongside over 300 other speakers. According to reports, the Solana Mobile 2 could be showcased at the conference after the successful adoption of the first version. Solana (SOL) co-founder Anatoly Yakovenko has been confirmed as one of the main speakers at…
Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Related Reading Exchanges Hint At New Solana-Based…