Sun, December 22

XRP Surpasses USDT and SOL to Claim Third Largest Cryptocurrency Spot

XRP has surpassed Tether (USDT) and Solana (SOL), becoming the third-largest cryptocurrency by market capitalization. The native token of Ripple Labs reached $2.46 on December 2, marking a 30% daily increase and a staggering 375% rise over the last 30 days. XRP’s market cap soared to $138.78 billion, bolstered by

December 2, 2024 2 mins read

Solana Shows Recovery Signs as Price Tightens Hold Above $240

As the community eases into a pro-crypto world, several altcoins take to the spotlight every other day. With price actions stealing the show, other sectors such as DeFi, and ETPs also attempt to draw investors’ attention. Meanwhile, in the regulatory sector, Russia has passed a law structuring crypto taxations and

November 30, 2024 2 mins read

Solana Bears Gain Control as $64M in Long Positions Vanish Amid Market Retreat

Solana’s recent price action has created a challenging environment for bullish traders, with the cryptocurrency experiencing a notable correction from its all-time high of $264.63 reached on November 22. The 10% decline over the past week has triggered a cascade of market effects that warrant careful analysis to understand the

November 30, 2024 2 mins read

SOL Sniper Launches SniperX Memecoin Trading Bot on X

Solana blockchain’s NFT analysis and trading platform Sol Sniper announced the launch of memecoin trading bot SniperX. It makes memecoin trading directly accessible on X and allows traders to view all the market price data on the social media platform itself.  Introducing SniperX The first memecoin trading bot for X

November 29, 2024 2 mins read

Technical Signals Point to Solana’s Struggle Near ATH as Bears Take Control

Solana (SOL) has encountered significant headwinds in its attempt to reach new historic highs, with the price consolidating around $238. A comprehensive analysis of multiple technical indicators suggests that the cryptocurrency might face additional downward pressure in the near term. The liquidation heatmap, a sophisticated tool for understanding potential price

November 29, 2024 2 mins read

Will Solana (SOL) Hit New Highs in the Coming Weeks?

Solana (SOL) has captured investor attention with its impressive performance in the last week. Currently Solana is trading at $236.34, SOL has experienced a 2.32% dip in the last 24 hours but remains a dominant force in the crypto market. Its market cap stands at $112.24 billion, with a 24-hour

November 28, 2024 2 mins read

Solana Faces Headwinds as Short Positions Mount After All-Time High

Solana (SOL) has encountered significant selling pressure following its recent ascent to an all-time high of $264.63 on November 24. Currently trading at $232.72, the cryptocurrency has experienced a 12% retracement, prompting a notable shift in market sentiment and trading behavior. The derivatives market paints a particularly telling picture of

November 27, 2024 1 min read

Can Solana Sustain Its Momentum and Reach $500?

Solana (SOL) has captured the attention of the cryptocurrency market, soaring to an all-time high of $265 on November 23, 2024. This surge comes amid a broader bullish trend in the market, driven by Bitcoin‘s ascent towards $100,000. Notably, in the past month, Solana-based tokens have seen remarkable gains, with

November 27, 2024 2 mins read

Can Solana (SOL) Recover and Surpass the $260 Mark?

As the cryptocurrency market anticipates for the upcoming altcoin season, several assets have shown price breakouts. At press time, the trading charts shows mixed trends, as Bitcoin (BTC) and Ethereum (ETH) is trading on the downside at $93.4K and $3.3K, respectively.  Turning to altcoins, Solana (SOL) hit a new all-time

November 26, 2024 3 mins read

Bloomberg Analyst Predicts Potential Approval Timeline for Altcoin ETFs

The approval of altcoin exchange-traded funds (ETFs) like Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) remains uncertain. Bloomberg analyst James Seyffart suggests decisions could extend into late 2025. Regulatory challenges and market constraints are the primary reasons for the delay. The U.S. Securities and Exchange Commission (SEC) has denied

November 26, 2024 2 mins read