Solana (SOL) Surpasses BNB Chain with a 17% Surge as Trump’s Lead Boosts Crypto ETF Expectations

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…

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Solana’s (SOL) Rally Poised to Continue with Support from RSI and Pump.fun Activity

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…

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Solv Protocol Introduces BTC Staking on Solana Amid Layer-2 Competition

🚀 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…

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A Strong Competitor to Solana

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…

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Solana Could Capture 50% of Ethereum’s Market Cap

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…

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VanEck Predicts Solana Could Reach 50% Of Ethereum’s Market Cap, Targeting $330 Per SOL

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…

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Solana Liquid Staking Tokens Teased By Major Crypto Exchanges

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…

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