The backlog issue led to pending transaction times of up to 21 hours on the crypto exchange following President Donald Trump's memecoin launch.
Solana (SOL 8.35%) and Ethereum (ETH 0.12%) are two of the largest and most popular cryptocurrencies for casual investors and professionals alike. But there are big differences in the narratives surrounding each of these currencies.
Unlike other Ethereum L2s, “the first true SVM rollup" uses the Solana Virtual Machine to speed transaction settlement times.
Popular Solana wallet Phantom has come under fire for its reaction to a potential vulnerability in its app. In a post on X, security researcher Cloakd accused Phantom of ignoring his message to alert them of a vulnerability in the wallet.
Toncoin (TON) is currently experiencing an unprecedented phase of low volatility, as its 7-day and 30-day Annualized Realized Volatility metrics have both hit historical lows. This extended period of calm in the TON market has caught the attention of traders, as historically, such low volatility phases in cryptocurrency markets often precede sharp price movements.
Toncoin is showing promising signs of recovery, with bullish momentum gradually building as renewed buying interest suggests a shift in market sentiment. After a period of consolidation, the cryptocurrency is gaining traction, fueling optimism for a fresh rally.
Will Chainlink (LINK) price reach $32 as sellers control the $27 to $29 zone amid rising optimism?
Transaction delays, canceled transfers and frustrated users — recent weeks have been challenging for Coinbase and its Solana (SOL) integration. Amid a surge in activity on the popular blockchain, the exchange has faced mounting criticism over its inability to keep up.
Crypto majors showed mixed movement as bitcoin (BTC), ether (ETH) and BNB Chain's bnb gained under 1% in the past 24 hours, while Solana's SOL and XRP surged as much as 7%.
Coinbase CEO Brian Armstrong announced that the exchange has resolved all pending Solana transaction delays—a response to growing user frustrations over slow processing times. On Jan. 22, he shared the update on the social media platform X, confirming that Solana transactions are now functioning as expected, with canceled transactions eligible for retries.
USDC mints accelerated on Solana, sparking suggestions of a SOL rally. The mints reflected renewed demand for stablecoins to trade memes and lock in gains.
Cryptocurrency analysts of Coinidol.com report, the price of Toncoin (TON) fell to a critical support level of $5.00 on January 13. TON remains above the $5.00 support in the range-bound.
In an effort to uplift market sentiment, Coinbase CEO recently announced plans to offer ‘tier 1 support' to Solana following transaction glitches on the crypto trading platform. Notably, the exchange's CEO, Brian Armstrong, revealed that the transaction glitch on the network was fixed.
Solana price climbs to $253 amid Bitcoin's rally and Trump's swearing-in. Explore key support, resistance levels, and what's fueling SOL/USD.
Solana price has surged past $255 extending weekly gains to 35%, driven by heightened network activity from the launch of TRUMP and MELANIA meme coins.
What is Solana and why is it relevant today?
Chainlink (LINK), previously struggling to keep up with market performance, is now showing upsides. LINK'S price increased by 8% during the day, positioning the asset toward the top 10 cryptocurrencies, per the CoinMarketCap hierarchy.
It was announced directly by the founder and CEO of the famous messaging app.
Ethereum, Solana, and Sui technical analysis: ETH eyes $25K, SOL targets $4.5K, and SUI aims for $10 as key bullish setups unfold.
A major options block trade betting on Solana reaching $400 by February coincides with bullish technical indicators and strong market structure, as SOL maintains positions above key support levels while challenging higher resistance zones.
Solana (SOL) has fallen 14% from its all-time high of $295.83, reached on January 19. Despite the decline, bullish sentiment remains strong as market participants ease up on profit-taking.
WLFI's $5.63 million purchase of 220,000 LINK tokens catalyzed a 40% price surge to $26.85, accompanied by technical breakouts and increased institutional interest.
SOL and DOGE are the two top gainers from the larger-cap alts.
Telegram announced an exclusivity agreement making The Open Network (TON) the sole blockchain infrastructure for its ecosystem.
On 21 January, Telegram and the TON Foundation announced an exclusive agreement that commits embedded Web3 applications to exclusively use The Open Network.
It's less than a month into the new year, and already a number of top altcoins are starting to pull away from market benchmark Bitcoin (BTC 2.30%). While Bitcoin is up 15% for the year, other cryptocurrencies are up 30%, 40%, and even 50%.
Crunch, a decentralized machine learning (ML) platform, has joined Cohort 2 of the Solana Incubator (SOL) program in New York, according to the reports shared with Finbold on January 22.
Osprey Funds and Rex Shares have filed with the U.S. Securities and Exchange Commission (SEC) to launch several new cryptocurrency exchange-traded funds (ETFs).
Of the 4.5 million daily active users on Solana, 1.5 million were unique tippers, showcasing interest in token sniping on platforms like Meteora and Orca.
The recent memecoin 'hype' on Solana raises red flags for its future - Is its value fading?
Bitcoin (BTC) has gained nearly 3% over the past 24 hours, approaching its all-time high at one point as the Trump administration completed its first day in office. Markets were choppy but stabilized after the United States Securities and Exchange Commission unveiled plans to overhaul rules and regulations for the sector.
The crypto business today has been posting greener numbers, with its market cap rising 3.49% to $3.64 trillion. However, the trading volumes stumbled by 37.40% to $196.58 billion. The Fear & Greed Index ticked up to a “Greed” score of 66, cautioning marketers of further moves.
Crypto analyst CobraVanguard has provided a bullish outlook for the Solana meme coin MYRO. The analyst has stated that the meme coin is primed for an explosive 300% price breakout and revealed how this could happen.
The cryptocurrency market was showing a bullish recovery on Wednesday, with major coins like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) showing notable gains. The broader crypto market cap rose 4%, reaching $3.64 trillion. The total cryptocurrency market volume over the past 24 hours stands at $196.09 billion, reflecting a decrease of 37.21%.
On Monday, the cryptocurrency market witnessed a significant surge in Chainlink (LINK) prices following a remarkable acquisition by World Liberty Financial (WLFI), the crypto venture associated with President Donald Trump. Trump's World Liberty Financial Propels LINK Price Up In a series of rapid transactions completed within just 15 minutes, World Liberty Financial purchased 220,000 LINK tokens, totaling an impressive $5.63 million, according to Chinese reporter Wu Blockchain.
Solana started a fresh increase above the $240 resistance. SOL price is back above $2500 and might aim for a fresh increase above the $262 zone.
The block trade was a bull call spread that would see maximum profit on a potential move to $400 or higher by the end of February, according to data tracked by Amberdata.
Solana has seen a sharp 21% drop over the past three days, erasing some of the impressive gains from its recent rally. This sudden reversal is partly attributed to the meme coin frenzy, which initially boosted Solana's ecosystem but has now turned into a liquidity drain, leaving the asset vulnerable to a sell-off.
The price of SOL may experience further drops in the coming market sessions.
The return of Donald Trump to the presidency has caused a wave of enthusiasm in the digital asset market, with institutional investors making bold bets on cryptocurrencies like XRP and Solana. This trend is noted by the CoinShares' Digital Asset Fund Flows Weekly Report, which reveals a historic influx of funds into the crypto market with total assets under management (AuM) now at a new all-time high.
Solana (SOL) has emerged as a strong competitor to Ethereum in the cryptocurrency space, earning the title of “Ethereum Killer” due to its fast transaction speeds and low costs. Although the crypto market is still volatile, Solana continues to make strides, having previously hit an all-time high (ATH) of $294.33.
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Chainlink (LINK) has experienced a significant surge in its price, which analysts are attributing to the additional acquisition of World Liberty Financial (WLFI) and the rumors of a brewing partnership with Cardano. Related Reading: Trader's Hot Take: XRP Branded The ‘Biggest Meme Coin' In Crypto Chainlink could be off to a good start as the crypto token was able to pull off a big run that propelled the coin from its lowest level to reach over $26 per coin.
Sol Strategies Inc. has commenced trading on the OTCQX Best Market under the ticker "CYFRF," marking a milestone for Solana blockchain investment. This upgrade enhances transparency, attracts U.S. investors, and aligns with its pending Nasdaq application to expand global opportunities. The post Sol Strategies Entered OTC Group Best Market Under the Ticker “CYFRF” appeared first on Cryptonews.
The official TRUMP token on Solana is up nearly 9% on the day, hitting its highest price in more than 24 hours.
Chainlink (LINK) has recently regained its bullish momentum, showing signs of recovery after breaking past the $23.83 mark on January 17, 2025. The shift in market structure has been accompanied by increased demand and a surge in momentum, giving some traders optimism that LINK could surpass $31 in the coming weeks.
TON will become the only asset used to pay for Telegram features and the ad economy on the chat app.
REX Shares has filed multiple exotic ETF applications for such tokens as XRP, Solana (SOL), and Dogecoin (DOGE).