On Friday, Solana (SOL) soared to a new all-time high (ATH), now trading at approximately $261. This breakthrough surpasses its previous peak set in November 2021.
Ethereums price movement hinges on five pivotal indicators, including whale netflows and transaction growth, according to IntoTheBlock. Mixed signals emerge as ETH trades at $3,323, with long-term investors continuing to hold amid rising Layer-2 adoption.
SOL Global Investments, a Canadian investment fund focused on Solana (SOL) and its growing blockchain ecosystem, is taking advantage of the surge in Solana's value by raising C$3.6 million (roughly $2.5 million) to acquire more SOL tokens.
After the split, the ETFs saw mixed performance in the market.
Ether has recorded a few gains in the past weeks, but the coin's retail investors are not taking profits because they consider the asset undervalued.
Solana (SOL), one of the most prominent blockchains in the world, just hit a new all-time high record of $260. Fillings for Solana's crypto-related products boost the token price.
The crypto prices today have primarily continued on an upward trajectory, showcasing strong market momentum. Bitcoin (BTC) has reached a significant milestone, touching $99,000 for the first time.
Solana gained 11% in the past 24 hours, trading above $263 to reach a new all-time high amid an extended crypto market rally.
New Solana ATH: SOL hits a new all-time high as altcoin season heats up. Learn how Solana's meme coin ecosystem is driving altcoin price spikes. The post Solana Reaches $260 ATH, Fueling Altcoin Season Hype – Are Meme Coins Next? appeared first on Cryptonews.
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South Korean authorities have officially identified North Korean hackers as the perpetrators of a major Ethereum heist in 2019, marking a significant breakthrough in the investigation. The stolen cryptocurrency, valued at 58 billion won (approximately $55.7 million) at the time, was traced to North Korea's Reconnaissance General Bureau, a military intelligence agency.
Ethereum price started a fresh increase above the $3,220 zone. ETH is rising and aiming for more gains above the $3,350 resistance.
Solana prices have surged a whopping 11% on the day returning to their all-time high last visited three years ago.
After plunging to nearly $8 in 2022, Solana has finally fully rebounded, jumping above the $260 mark Thursday for the first time ever.
Ethereum (ETH) has been experiencing a remarkable surge in its decentralized application (dApp) ecosystem, with transaction volumes hitting new heights. Over the past month, Ethereum's dApp activity has grown by 38%, signaling a significant increase in engagement across key sectors like decentralized finance (DeFi), non-fungible tokens (NFTs), and blockchain gaming.
The SEC's reported progress on Solana ETF filings and potential leadership changes have sparked optimism, signaling a possible shift in cryptocurrency investment regulations. Solana ETF Filings Spark New Hope Discussions about a solana (SOL) spot exchange-traded fund (ETF) between the U.S.
The Solana network remains one of the leading blockchains in the dynamic crypto sector, drawing in a significant number of users on a daily basis, which has led to a recent notable spike in its transfer volume to unprecedented levels.
Bitwise, VanEck, 21Shares and Canary Capital have also recently submitted their S-1 registration statements to list a spot Solana ETF in the US.
Bitwise's move could accelerate mainstream acceptance of Solana, influencing regulatory perspectives and boosting institutional crypto interest. The post Bitwise files Form S-1 for spot Solana ETF with SEC appeared first on Crypto Briefing.
Believers in Ethereum (ETH) could be on the verge of an opportunity, according to Ki Young Ju, the founder and chief executive of the digital asset analytics firm CryptoQuant. Young Ju tells his 370,400 followers on the social media platform X that the ETH/Bitcoin (BTC) Net Unrealized Profit/Loss level just hit a four-year low.
Solana has been on an extraordinary growth streak this year, cementing its place as a leading blockchain platform. Recent reports show that it now holds the title of the blockchain with the highest global traffic share in 2024.
The triangle pattern formation that Shiba Inu is currently showing on its daily chart may pave the way for noteworthy price action. In the case of SHIB, triangle patterns frequently signal a period of consolidation prior to a clear market move, which may provide the groundwork for a robust upward rally.
The bond was tokenized on the Ethereum blockchain, denominated in the USDC stablecoin and will see its entire lifecycle onchain.
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently experiencing a phase of neutrality in its market activity. According to a CryptoQuant analyst known as Darkfost, Ethereum's netflow on Binance has reached a balanced state, with deposits and withdrawals stabilizing.
Throughout 2024, Ethereum's onchain trading volume mirrored that of the wider crypto market.
Cryptocurrency markets are trading higher, with Bitcoin approaching $100,000, Solana ETF talks picking up steam and XRP gaining on Gary Gensler announcing his resignation on Donald Trump‘s inauguration day. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,986 +3.1% Ethereum (CRYPTO: ETH) $3,348 +8.7% Solana (CRYPTO: SOL) $253.64 +7.1% Dogecoin (CRYPTO: DOGE) $0.3841 +1.9% Shiba Inu (CRYPTO: SHIB) $0.00002454 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 8.5% and daily active addresses up by 0.4%.
Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.
The ETH/BTC drop presents a good entry point for investors.
Ethereum (ETH), the largest altcoin, has performed poorly compared to Bitcoin (BTC). For instance, while ETH has gained around 16% in the last 30 days, BTC's price has jumped by 31%.
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH).
Solana (CRYPTO: SOL) is up 10% on the day and closing in on its all-time high as new Solana spot ETF filings indicate continued institutional interest. What Happened: Eleanor Terrett of Fox Business on Thursday tweeted that the SEC is reportedly engaging with issuers interested in launching a Solana spot ETF, with progress being made on S-1 applications, citing sources familiar with the matter.
Samson Mow, a well-known Bitcoin maximalist and CEO of JAN3, has issued a bold warning to Ethereum (ETH) holders, urging them to sell their altcoins and buy Bitcoin before it's too late. In a recent tweet, Mow advised investors to make the switch, claiming that Ethereum's underperformance compared to Bitcoin is a sign that similar fates await other cryptocurrencies.
Bitwise files for a Solana ETF in Delaware, joining several other investment firms in the race for regulatory approval.
Fox Business reporter Eleanor Terrett has claimed that the SEC is quietly engaging with several issuers about approving a Solana ETF.
Crypto asset manager Bitwise has filed for a Solana ETF amid increased optimism about SEC approvals under a Donald Trump administration.
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Cryptocurrencies dominate the global financial space with relentless surges. Amidst the optimism, attention turned to individual coins, with mixed actions. Meanwhile, Solana, SUI, and the new $QUANT stole the show for different reasons. Let us find out more. Solana targets further gains The alt hovers above $250 during this writing, exhibiting significant bullish momentum.
Ethereum price is setting the stage for a potential rally toward $4,000 after solidifying support around the $3,000 level. The cryptocurrency has seen increased buying activity in this range, alongside a bullish breakout and imminent technical indicators, suggesting further upward momentum.
Cardano's Charles Hoskinson extends peace to Solana bridging crypto divides with unexpected blockchain diplomacy.
Solana (SOL) price has surged 16.96% in the last seven days and is now very close to reaching a new all-time high. The recent rally has positioned SOL just under 3% from its previous ATH, signaling strong bullish sentiment in the market.
The Ethereum price has been consolidating for about a week since it hit a four-month high at $3,420. As the second largest cryptocurrency, Ethereum has the biggest price correlation with Bitcoin.
Coinbase contends the delisting was based on a standard review of WBTC's suitability to trade on the exchange.
Vitalik Buterin, Ethereum's co-founder, recently made a significant statement regarding the future dynamics of Ethereum's Layer 1 (L1) and Layer 2 (L2) solutions. His remarks shed light on Ethereum's evolving infrastructure, highlighting the importance of creating a solid, resilient foundation while ensuring adaptability in the system.
Data shows the Ethereum derivatives-related metrics have shot up recently, a sign that the price is at risk of going through a volatile storm. Ethereum Open Interest & Leverage Ratio Have Both Spiked Recently In a CryptoQuant Quicktake post, an analyst has discussed about the trend in the derivatives indicators of Ethereum.
Amid Ethereum's struggling price performance, accumulation trends suggest potential for significant market movement.
Solana ETFs may arrive on Wall Street in 2025 as issuers privately disclosed dialogue with the SEC and President Donald Trump's administration buoyed industry hopes.
As the crypto market vibrates to the rhythm of Bitcoin's spectacular rises, a key player is preparing to play its trump card: Ethereum. While Bitcoin is currently making history with new peaks, Ethereum remains behind, which fuels the debate about its ability to surpass its rival.