In the wake of reaching its historic peak at $264, Solana has entered a critical consolidation phase, finding equilibrium above the significant $221 support level. This price action comes at an interesting juncture in the broader cryptocurrency market, as Bitcoin’s recent surge creates potential tailwinds for alternative cryptocurrencies. Understanding Solana’s
Pump.fun’s Fee Account transferred 100,000 SOL tokens, valued at approximately $23.66 million, to Kraken Deposit at 18:59 (UTC+8). This is the second significant transfer by the account in one day, bringing the total SOL transferred to Kraken within the past 24 hours to 200,000 SOL, worth around $47.17 million. This
With multiple altcoins experiencing price breakouts, the crypto market is eyeing an approaching altcoin season. The chart reports the largest altcoin Ethereum (ETH), gained momentum, trading at $3.7K. Looking at the altcoins, Solana (SOL) has experienced notable price fluctuations. Solana has reached its all-time high (ATH) of $263.83 on November
Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust (GSOL) into a spot exchange-traded fund (ETF) listed on NYSE Arca. Grayscale’s filing comes amid growing demand for cryptocurrency-based ETFs, a trend that gained momentum in early 2024 with the SEC’s
The cryptocurrency market is no stranger to surprises, and every year, a dark horse emerges to challenge the established giants. In December 2024, Lightchain Protocol AI is gaining traction as a blockchain that could rival heavyweights like Solana and Ripple (XRP). Combining blockchain’s decentralized power with artificial intelligence (AI), Lightchain
Cryptocurrency trends often ebb and flow between innovation and hype. Memecoins like Dogecoin and Shiba Inu have showcased the potential of community-driven success, while blockchains like Solana have demonstrated the power of high-performance scalability. But what if the next crypto breakthrough combined the virality of memecoins with the utility and
Solana (SOL), a prominent altcoin that surged 37% over the past month, reaching an all-time high of $264 just nine days ago, is now witnessing a decline in momentum. Currently, SOL is trading at $229.06, marking a 3% drop in the last 24 hours. This downturn coincides with XRP overtaking
With the next bull market looming, savvy investors are searching for the tokens that could dominate the landscape by 2025. Among hundreds of contenders, a few standout projects show significant potential to deliver extraordinary gains. From blockchain pioneers to meme coin surprises, these five tokens are poised to explode—and one
After disabling its livestream option in reaction to concerns of hazardous material being broadcast, the launchpad for Solana meme coins Pump.fun saw a decline in its weekly income. The Solana memecoin generator had a rise in income at the beginning of November, which peaked in the fourth week. The memecoin
Officially starting stage 8 of its presale at $0.10, Rexas Finance (RXS) has attracted notable interest from prominent Solana (SOL) and Ripple (XRP) investors. Rexas Finance is among the most interesting new cryptocurrencies having raised over $17.6 million and sold more than 259 million tokens. This article discusses three reasons
