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…
Very few cryptocurrencies witnessed a double-digit surge after the US election results were out. As the Dogecoin (DOGE) community reaped the benefits of Donald Trump’s win, Solana (SOL) investors followed suit. The asset’s latest rise has the market laying out ambitious bets towards $300. Also Read: Amazon’s AI Push Stumbles: AMZN Talen Deal Rejection &…
Solana’s SOL token is gaining momentum, fueled by Bitcoin’s surge and strong trading activity, with a price target of $200 becoming increasingly attractive to traders. High staking yields and reduced inflation rates enhance SOL’s appeal, positioning it competitively in the market as it experiences significant growth in decentralized exchange activity and total value locked. Fueled…
Solana (SOL) has flipped Binance Coin (BNB) in market cap, claiming the fourth spot in the rankings. Bitcoin’s all-time high of $75,011 has driven a bullish trend around the crypto market. The global crypto market turned bullish in Asian trading hours as Bitcoin (BTC) hit a new all-time high of around $75,011.06, which the cryptocurrency…
Este artículo también está disponible en español. In October, the Solana blockchain registered 123 million active addresses. It has grown 42% since September and has risen dramatically from 12.7 million addresses at the start of the year. Latest data shows Solana’s steady rise in the crypto sector. The latest growth is due, in part, to…
With the surge in popularity and adoption of decentralized currencies, many payment aggregators have entered the sector to streamline payments. In a recent development, Helio Pay, a known crypto payment platform, has announced the expansion of its Solana Pay on Shopify. After this expansion, it supports various blockchain networks, including Bitcoin, Ethereum, and several other…
VanEck lists PYTH ETN on Euronext, expanding access to Solana’s Pyth Network across Europe. The Pyth ETN offers European investors secure exposure to DeFi data oracles and daily staking rewards. VanEck, a well-known worldwide asset management firm, has expanded its portfolio of digital asset investment products by launching the VanEck Pyth exchange-traded note (ETN) on…
Investment management firm VanEck has launched a new Exchange-Traded Note (ETN) tracking the Solana based Pyth token. According to a press release, this ETN is available on Euronext Amsterdam and Paris. PYTH ETN enables investors in 15 European countries to invest in the underlying token. With this new offering, investors can benefit from the performance…
November 6, 2024 at 04:25 AM GST updated: November 5, 2024 at 01:20 PM 2 mins read News Grass enables users to collaboratively build the internet’s first user-owned, open knowledge graph for AI and data applications. AI Companions leverages AI, VR, and blockchain to provide immersive, personalized digital companions for enhanced user engagement. Solana and…
November 6, 2024 at 02:45 AM GST updated: November 5, 2024 at 01:02 PM 3 mins read News Bitcoin leads the market with a strong Galaxy Score, reflecting its status as the first digital currency and a reliable asset for investors. Gnosis excels in decentralized prediction markets, fostering community engagement and growth within its expanding…
Solana is hovering near the critical $165 resistance level. A breakthrough could drive SOL toward $185, while failure may result in a drop to $155 or lower. As institutional investors increasingly turn their attention to Solana, the question arises: will this influx of funds be enough to push SOL above the crucial $165 price level?…
Este artículo también está disponible en español. Solana is trading above a critical demand level of around $157, showing signs of a potential bounce after a recent pullback. This critical level has held firm despite market volatility, and now all eyes are on Solana as it attempts to regain bullish momentum. With the U.S. election…
Solana has seen strong institutional inflows of $5.7 million second only to Ethereum and far exceeding other altcoins in the crypto market. Despite the crypto market’s volatility, institutional investors are supporting Solana, this indicates that many investors view Solana as a promising network with the potential to grow further. Solana is famous for offering blazing…
Solana trades at $159, marking a brief decline of 1.82% over the last 24 hours. The market observed a liquidation of $11.43 million worth of SOL. The prevailing cryptocurrency market sentiment is uncertain. This week is crucial for the overall market in light of the US election. Historically, Bitcoin and other major altcoins have displayed…
Solana trimmed gains and traded below the $172 support zone. SOL price is consolidating and might struggle to recover above the $165 resistance. SOL price started a fresh decline after it struggled near the $175 zone against the US Dollar. The price is now trading below $170 and the 100-hourly simple moving average. There is…
Solana achieved record 123 million monthly active addresses, a 42% increase. Memecoins and platforms drive user engagement and trading volume growth. Solana (SOL) is riding a wave of growth, achieving its highest-ever monthly active address count in October. The network recorded over 123 million active addresses, marking a 42% increase from September. This surge highlights…
The Solana (SOL) market started the year on a bullish note. However, the asset failed to maintain this momentum and began moving sideways quickly. Throughout the past 12 months, SOL went from a low of $41 to a high of $202, further highlighting the altcoin’s capabilities. Can Solana move out of its current stagnancy sooner…
Recently, Solana Whale sold off 265,070 SOL at a value of roughly $43.96 million. This offload is an interesting move given that Solana is becoming more interoperable with Ethereum. This underscores a complex market landscape where sentiment signals optimism. Large Solana Sell-Off Amidst Positive Sentiment A smart whale acquired 500,862 SOL between August 7 and October 23,…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Solana Blockchain has hit a remarkable milestone in an impressive display of growth. Last month, the network broke records by exceeding 120 million active addresses, marking a significant milestone in its journey. This surge is not just a number; it reflects the vibrant ecosystem blossoming within the Solana network….
Your guide: How to Buy Solana Meme Coins? Meme coins are a special kind of cryptocurrency that often comes from internet jokes or things that become popular. The fact that they are community-driven and have the potential for price spikes very quickly makes them appealing to speculative buyers. Also read: BRICS Deny Plans to Create…
Imagine if you could go back in time and purchase Solana (SOL) for just $0.50. Many think Rexas Finance (RXS) is offering now a comparable prospect. Publically supporting Rexas Finance, a top 10 Solana investor, has made connections between the early Solana days and the growing potential of RXS. Rexas Finance has positioned itself as…
November 4, 2024 at 06:00 PM GST updated: November 4, 2024 at 04:00 PM 6 mins read Press Release As the cryptocurrency market heats up this November, a select group of altcoins is capturing attention for their potential to deliver substantial profits. Advanced AI insights have highlighted these digital assets as ones to watch, sparking…
Este artículo también está disponible en español. In an analysis shared on X, popular crypto analyst Gum (@0xGumshoe) is projecting that Solana (SOL) could ascend to $500 by the conclusion of this bull run. This bullish forecast hinges heavily on the outcome of the US presidential election, slated for November 5th, and the potential policy…
The cryptocurrency market is teeming with developments as top coins like Solana, BNB, Cardano, and BlockDAG display notable advancements and dynamic pricing. These cryptocurrencies each bring unique benefits to the table, potentially boosting a well-rounded investment portfolio. Solana is actively expanding its ecosystem, BNB remains a core component of the Binance exchange, and Cardano continues…
November 4, 2024 at 12:30 PM GST updated: November 4, 2024 at 12:24 PM 3 mins read Press Release The cryptocurrency landscape is rapidly evolving, marked by significant price movements and technological advancements. This dynamic market offers several cryptocurrencies that stand out as attractive investments. Solana is making strides with extensive ecosystem growth, BNB continues…
Solana (SOL) price registered an impressive 22% surge last month and has continued gaining traction. The token recorded a double-bottom pattern breakout and fetched a $180 mark. However, buyers failed to push ahead. Also, a retracement toward the 20-day EMA mark was noted this week. The Solana price has retested the breakout region at around…
Este artículo también está disponible en español. GRASS token, one of the latest DePIN projects, attracts significant attention from analysts and the investing public. As a Layer-2 platform on the Solana blockchain, the Grass platform allows users to share unused internet bandwidth to train AI models using a browser extension. With its promising technology, it’s…
November 4, 2024 at 02:45 AM GST updated: November 3, 2024 at 06:50 PM 3 mins read News Solana’s Proof-of-History mechanism drives high-speed transactions, making it ideal for DeFi and NFT applications with low fees. Cardano’s peer-reviewed, sustainable approach attracts developers focused on secure and energy-efficient blockchain applications. Polkadot’s interoperable network links various blockchains, paving…
Este artículo también está disponible en español. Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over the past 60 days, the popular Layer 1 blockchain is back in the news with more on-chain activities. According to recent data, Solana’s DeFi Total Value Locked…
Este artículo también está disponible en español. Solana (SOL) is currently trading at a crucial demand level near $163, following a retrace from local highs around $183. This price is a critical support area that could determine the direction of SOL’s upcoming price action. Losing this level could signal a deeper correction, which would intensify…
Your guide: Can you Sell Solana on Trust Wallet? Trust Wallet is a well-known mobile wallet for cryptocurrencies that works with many, including Solana. It is easy to use and gives you a safe place to keep your digital valuables. It’s important to make sure you have the most recent version of Trust Wallet on…
November 3, 2024 at 05:30 PM GST updated: November 3, 2024 at 05:15 PM 5 mins read Press Release Envision the transformation of an investment portfolio as leading cryptocurrencies approach unprecedented valuations. Should major players like Ethereum and Solana reach new milestones, and emerging tokens experience significant climbs, the potential for substantial financial growth becomes…
On October 2024, Solana’s ecosystem achieved a record breaking $52.157 billion in DEX trading volume, topping Ethereum. During this rise however, whale accounts are cashing out, including a recent $15M Pump.fun, could smart money’s caution signal a shift? Whales Offload $15M in SOL, Raising Concerns Over Market Impact Recent big sell-offs by big whales holding…
Este artículo también está disponible en español. Remember the viral statement of Jim Cramer over Solana and other meme coins? In 2022, CNBC anchor Jim Cramer called Solana, Litecoin, and other meme coins “idiot investments.” Related Reading In a CNBC show dated December 9th, 2022, he added that Dogecoin, Solana, and XRP are “cons” and…
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…
November 3, 2024 at 07:23 AM GST updated: November 2, 2024 at 01:49 PM 2 mins read News Solana’s robust development activity signals long-term project commitment and innovation potential. Rising user growth and social dominance indicate strong market interest and adoption. Increased open interest in Solana futures showcases investor confidence and potential for price gains….
November 3, 2024 at 03:45 AM GST updated: November 2, 2024 at 01:39 PM 2 mins read News Solana’s high developer engagement signals ongoing innovation, enhancing its long-term growth potential within blockchain technology. DeFi and Social Media Growth: Solana’s rising TVL in DeFi and increasing social media dominance reflect its growing adoption and user trust….
November 3, 2024 at 02:23 AM GST updated: November 2, 2024 at 10:37 AM 3 mins read News Tezos is aiming to handle one million transactions per second, maintaining energy use comparable to just 17 global citizens annually. Solana’s unique hybrid algorithm achieves 65,000 transactions per second with minimal energy, enhancing its appeal as a…
Este artículo también está disponible en español. Solana (SOL) is trading around a crucial demand level at $165, following a pullback from recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further downside. However, prominent analyst Carl Runefelt has shared…
Your guide: How to Launch a Meme Coin on Solana? So, you want to get into the Meme Coin Craze, eh? Well, for many creating a meme coin to sell is just the beginning. Have you thought about where exactly to launch it though? If you’ve ever wondered, “How to Launch a Meme Coin on…
November 2, 2024 at 06:00 PM GST updated: November 2, 2024 at 05:52 PM 3 mins read Press Release A billionaire crypto investor recently explained about his top crypto picks for building a $10M crypto portfolio by 2026, highlighting six promising crypto altcoins. These coins are gaining attention for their potential to outperform major players…
Solana (SOL) trades at $166 after losing 0.10% in the last 24 hours. The market observed a liquidation of $13.61 million worth of SOL. The cryptocurrency market has been in a brief bearish turn over the past 24 hours. The assets have lost their momentum and began to slide down. Nonetheless, the current market volatility…
Recently, a whale with a big portfolio made a major Solana (SOL) deposit from the Binance exchange to a personal wallet. This whale activity took place as large SOL holders showed interest in staking again. Technical indicators suggest that the price of Solana may be on the rise. Whale Withdraws 206,111 SOL to Stake $36…
Solana DEX Raydium’s token RAY records the highest gains in October 2024. The MemeFi wave propelled the upside of DEX volume within the Solana ecosystem. Had Bitcoin not rallied to $73.5K, October would likely be remembered as Rektober rather than Uptober. Several altcoins also experienced notable rallies on the charts. Among them, Raydium (RAY) staged…
Este artículo también está disponible en español. Bitcoin (BTC) has had a volatile 24 hours, hitting as low as $68,830 on the Binance crypto exchange before recovering some losses. Liquidation Data At A Glance Although BTC is trading close to its all-time high (ATH) value of $73,737, yesterday’s quick drop in price cast doubts on…
Your guide: How High can Solana go? A very fast blockchain technology called Solana has become very popular in the cryptocurrency market. Solana wants to give developers a decentralized space to create decentralized apps (dApps) and smart contracts. It is known for having unique features and being able to grow. The Solana network is powered…
November 2, 2024 at 12:10 AM GST updated: November 1, 2024 at 10:04 PM 2 mins read News Solana’s projects generated $300M in fees in October, surpassing Ethereum and its Layer 2 networks combined. The surge positions Solana’s market share close to 50%, highlighting rapid growth and adoption. Solana’s scalability and lower transaction costs are…
The M2 Exchange hack has lost around $13 million. Hot wallets across Ethereum, Bitcoin, and Solana networks were targeted. The cryptocurrency exchange M2, regulated as a Multilateral Trading Facility (MTF) and Custodian by the Financial Services Regulatory Authority (FSRA) hacked, resulting in a loss of $13 million from its hot wallets. The exchange, M2 operates…
On October 30, Canary Capital applied to the U.S. Securities and Exchange Commission (SEC) for a spot in the Solana ETF. The new product is designed to offer exposure to Solana without the need to deal with ‘twisted crypto’ in a traditional brokerage account. Using the CF Solana Index to track SOL’s real-time price performance,…
VanEck, a prominent asset management firm, is enhancing its investment approach to Solana by teaming up with Kiln, a platform that specializes in digital asset rewards. This collaboration aims to simplify the staking process for institutional investors, allowing them to enjoy the benefits of Solana staking without the hassle of managing technical details or handling…