As the regulatory and market dynamics change in favor of digital asset products, the launch of a Solana ETF soon seems to be on the horizon. Equity exchange Cboe BZX on Thursday filed four applications for spot Solana ETFs, with proposals from VanEck, 21Shares, Bitwise Asset Management and Canary Capital.
Solana's (SOL) price clinched a new all-time high of $264.39 during the trading session on November 23. Its price has since witnessed a 3% correction, causing the popular altcoin to exchange hands at $255.12 as of this writing.
Investor and crypto bull Dan Tapiero says that the rise of thousands of new memecoins in the digital asset space is laying the groundwork for traditional finance to adopt blockchain.
ADA appears set for an upward move, with several factors suggesting a potential rally.
Major asset managers, including VanEck, Bitwise, and 21Shares, have filed applications for spot Solana ETFs.
A whale recently acquired 100,000 Solana (SOL) tokens, valued at $23.86 million, sending ripples through the cryptocurrency community. The massive purchase and strategic staking of Solana's native token have fueled speculation about the future of Solana's price, with many asking: Could the asset be on track to hit the $400 mark?
ADA has currently slipped into the red zone, but it is holding strong above the $1 level. Up by more than 50 percent in the last seven days, ADA is eyeing the important $2 level. Similarly, Ripple's XRP has also recorded impressive gains and is trading at $1.46 levels.
As the altcoin market maintains its November bull rally, top tokens have added significant value to their respective portfolios over the last few days. Following this, the AVAX price has reclaimed the $40 mark and is on the path to recording a new 8-month high.
There is growing optimism in the cryptocurrency space as Solana (SOL) spot exchange-traded fund (ETF) filings continue to move forward with the U.S. Securities and Exchange Commission (SEC). Recent reports indicate that the SEC is engaging with asset managers filing for Solana ETFs, signaling a promising step towards the approval of such products.
The layer-1 blockchain Cardano (ADA) is primed to continue its long-awaited price surge, according to a popular crypto analyst. The digital asset trader Ali Martinez tells his 87,300 followers on the social media platform X that whales and “institutional players” have been buying into the Ethereum (ETH) competitor in anticipation of further price increases.
Solana is booming, with DEX volumes exceeding $10 billion and token burns strengthening its deflationary model.
Avalanche (AVAX) has made a significant move, breaking above a crucial resistance level and soaring over 20% in less than 24 hours. This surge has reignited bullish sentiment among analysts and investors, who are now closely monitoring AVAX's potential to reach the key $50 mark in the coming days.
Solana's price action in recent days has been nothing short of impressive. On the weekly chart, SOL's performance reveals a descending triangle breakout rally, following the completion of a classic cup and handle pattern.
Avalanche surges 100% after key breakout. Can it sustain momentum and hit $60, or is a pullback coming?
Cardano (ADA) is currently on an impressive upward trajectory, gaining over 43% in just the past week. This remarkable surge comes amid a broader market rally and heightened activity from both retail traders and institutional investors.
Cardano (ADA) has made a wild move in the past few days and has gained notable attention from crypto enthusiasts, including whales and traders. Besides a significant upside rally in the past few days, the market sentiment suggests that this rally is poised to continue as Cardano's ADA has room to soar.
Cardano (ADA) has extended its uptrend and has risen to a high of $0.98.
Solana (SOL) has become one of the most talked-about projects in the blockchain space, and with good reason. In recent months, the network has surged ahead in critical metrics like daily network fees, decentralized exchange (DEX) trading volume, and real-world adoption.
Since Solana (SOL) is just a stone's throw from the $300 price level, the fourth-largest cryptocurrency shows intensified resilience to reaching the psychological zone of $500.
Tron (TRX) is enjoying a significant surge in the crypto markets right now. The 10th largest cryptocurrency by market capitalization posted a new 6-year high above $0.21 earlier today.
As Bitcoin continues its race to break the $100,000 mark, altcoins are raking in massive gains. Ethereum (ETH), the second-largest cryptocurrency, climbed 3.25% to $3,424.59 on Saturday, but its weekly gains of 7.83% exceed that of Bitcoin, CryptoSlate data indicates.
Input Output Hong Kong (IOHK), the parent company of Cardano (ADA) has announced its upcoming Hydra testing campaign. Packaged as a gaming tournament on Doom, a title built on Hydra protocol, the startup said it plans to push the limit of the scaling solution.
"[T]he SEC is now engaging with issuers on this product, which is obviously a positive sign," says ETF Store President Nate Geraci.
The cryptocurrency market has continued to sparkle in the historically bullish month of “Moonvember,” with the market leader Bitcoin setting the pace in the space. However, the Cardano price performance in the past week is undoubtedly one of the best the market has seen in recent weeks.
The Solana blockchain is witnessing a surge in activity due to a growing frenzy around meme coins.
XRP has experienced a huge surge recently, and it's not alone. ADA and SOL are also seeing gains, with XRP leading the way. Ripple's community seems to be thriving, and the momentum is still strong.
A popular cryptocurrency analyst who accurately predicted the ongoing Solana price surge has made another bold prediction as the coin rally gains steam. Solana Price Forecast As Pro Makes Bold Prediction In an X post, Crypto Bullet, an analyst with over 141,000 followers, predicted that the SOL price would jump to as high as $600
Solana and Ripple have long been benchmarks for speed and scalability in crypto innovation. Meanwhile, Lunex Network ($LNEX) has been climbing the crypto ladder with its offering of unparalleled interoperability, and it is sure to rattle some cages.
Stellar (XLM) rockets 50% in 24 hours, reaching $0.43 after following the bullish momentum of XRP and ADA. Is $1 now in sight?
The crypto altseason is starting as some altcoins like XRP and Cardano (ADA) lead the way, printing significant gains. If history repeats this cycle, capital should rotate from large to small-caps, creating further opportunities for savvy investors and traders.
Cardano (ADA), the ninth largest cryptocurrency, is now ranked in the "A" category of Weiss Crypto rating. Cardano (ADA) is the second altcoin in the category, only accompanied by Ethereum (ETH) and Bitcoin (BTC).
The global cryptocurrency market increased by 11.5% this week, reaching a record high of $3.49 trillion and adding $358 billion in valuation.
A closely followed crypto analyst believes that the most popular memecoin by market cap is primed for another leg up. Pseudonymous analyst Altcoin Sherpa tells his 230,700 followers on the social media platform X that Dogecoin (DOGE) is printing a bullish pattern on the four-hour chart after bouncing off of the $0.36 level.
Cardano (ADA) continues to smash new records, with its price breaking over a key resistance amid a 27% daily surge. Cardano's native token, ADA, is rapidly growing its market cap, fueled by a redistribution of profits from Bitcoin's recent surge.
Solana (SOL) price continues to move sideways, slightly below the wider market after sentiments weakened. The asset traded below major altcoins and failed to register its usual astronomical gains.
Cardano (ADA) has had one of the best performances over the last three weeks, surging over 200% toward a 2.5-year high. Today, the cryptocurrency rose over 20% to break above the $0.90 mark, fueling a bullish sentiment for the long-awaited $1 target.
Cardano (ADA) has been making headlines with its impressive surge in price, outpacing Bitcoin's (BTC) post-election performance, according to a recent segment on Bloomberg's China Show. While Bitcoin has enjoyed a notable 46%-47% increase since the U.S. election, Cardano has emerged as the standout performer, with ADA soaring nearly 100% in the same period.
The beginning of the weekend has turned out to be bullish for most of the cryptocurrencies, according to CoinStats.
Cardano (ADA) has reclaimed the $1 mark for the first time since April 2022, marking a significant milestone in its recovery. Over the past 24 hours, ADA surged more than 25%, reaching a high of $1.09.
Cardano (ADA) has smashed the $1 milestone, hitting $1.13 after months of consolidation. Renewed crypto optimism in the US and globally fuels the rally.
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The HIO Music platform has attracted more than 6 million licensed songs and has targeted over 100 million units by the end of 2025. Currently, in the beta stage, the HIO Music platform has been rewarding users with OG points that will heavily influence the upcoming airdrop.
The crypto market is expecting Bitcoin price to break the $100k mark imminently, with analysts saying the altcoin season is next. Meanwhile, Solana, XRP and Cardano have soared to new highs after the SEC Chair announced he will be leaving the agency on January 20.
Cardano breaks the $1 barrier for the first time in nearly a year, fueled by surging on-chain activity.
BitMEX co-founder and crypto millionaire Arthur Hayes has shilled another Solana meme coin to his followers. As expected, the coin's price rallied following Hayes' mention of the coin in an X post.
The crypto market scenario has completely changed since the U.S. election results, as a change in the leadership is expected to offer regulatory clarity to the space. Moreover, the Cardano founder being the crypto advisor to the new president has induced huge confidence in ADA, which flung into action in no time.
Solana price is firing on all cylinders, and technicals suggest that the rally is just beginning. It has jumped for three consecutive days and reached its all-time high of $260. It has soared by more than 3,000% from its lowest level in 2023.
ADA, the native coin of the Cardano blockchain, has made a significant price breakthrough. It has surpassed the $1 mark for the first time in two years.