Within a crucial support cluster of 470 billion tokens (at the time of the writing), Shiba Inu is retaining its position and offering a temporary area of stability. Nevertheless, in contrast to prominent players like Bitcoin, Ethereum and XRP, its performance is noticeably stagnant.

Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.

From all indications, Solana looks to be showcasing a growing dominance in the blockchain space.

Ethereum (ETH) traded steadily into the weekend, holding its ground after breaking through the $2,800 resistance level earlier this month.

Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks a significant rebound for the second-largest cryptocurrency, which has managed to hold above the crucial 200-day moving average (MA) at $2,965.

On November 23, Solana's (SOL) price hit a new all-time high, sparking speculation that the altcoin could rally as high as $300. While that did not happen, recent data shows that Solana traders are betting on a rebound.

The price of Ethereum has climbed by 4% today, after the coin broke out of a long-term descending channel. The post Ethereum Breaks Out of 8-Month Descending Channel, Analysts Put $4700 Target for ETH appeared first on Cryptonews.

Shiba Inu (SHIB) became well-known in cryptocurrencies by turning little investments into riches over its explosive climb. But as the token ages and its market fills, the explosive potential that once distinguished it starts to fade.

This will allow people to share, trade, and launch memes between two of the fastest blockchain networks: Solana and Injective. This makes it easier than ever to move memes between these two chains with just one click.

Ethereum breaks above $3,300 with strong technical indicators and steady buying pressure, as price action suggests potential for further upward movement toward the $3,600 level.

Solana's price has broken above $240 and shows continued strength with multiple technical indicators supporting further upside potential, while maintaining strong support levels.

Popular crypto analyst Altcoin Sherpa says that Ethereum (ETH) is likely approaching a cycle bottom in its Bitcoin pair (ETH/BTC). The pseudonymous trader tells his 230,000 followers on the social media platform X that ETH/BTC will likely bottom once Bitcoin has completed its breakout rally.

The monthly fees from pump.fun and Raydium also recorded all-time highs in November as the memecoin frenzy continues.

Solana (SOL), the fourth-largest cryptocurrency by market capitalization, has captured the attention of traders and investors alike after reaching its all-time high (ATH). While the price has recently been consolidating near this peak, technical indicators and market sentiment suggest that Solana could be poised for a significant upward move.

Interest in Ethereum, the second-largest cryptocurrency asset, is gaining momentum once again among retail and institutional investors, as evidenced by a robust increase in its net staking inflows in the past week in tandem with recent improvements in the price of ETH.

Ethereum's staking sees a record weekly netflow after months of outflow.

The meme coin mania of the past few weeks pushed Shiba Inu's (SHIB) price to an eight-month high of $0.000030 on November 12. Due to this hike, a significant portion of SHIB's supply is now profitable.

PEPE meme coin crashed 2.56% in the past day after a super PEPE whale sold a massive 74.07 billion tokens and bought EIGEN tokens worth $200K.

Whale wallets holding SHIB have increased their positions by 425% during a period of price consolidation near $0.000029, while trading volume and open interest decline.

Sui (SUI) dominates the upcoming cliff-based token unlocks this week with 64.19 million tokens valued at $213.77 million, representing 2.26% of its circulating supply. The protocol leads a fleet of unlocks scheduled between November 25 and December 2.

Tether mints $3 billion in USDT, boosting crypto market liquidity and potentially signaling bullish momentum.

Whales were net negative on Binance exchange after clearing their long BONK positions and taking profit.

Open interest for Bitcoin and Ethereum in futures markets each hit a new all-time-high in the past 24 hours of trading, following Bitcoin's flirtation with $100,000. On Nov.

Amid a highly turbulent crypto market witnessed as the week kicks off, a super Pepe Coin whale shifted focus to EIGEN has sparked significant market discussions. Notably, on-chain data pointed out a massive 130 billion PEPE whale selloff, with the investor simultaneously diversifying his portfolio by buying over 200K of the Ethereum-based token.

Whales holding $1 million to $10 million worth of SHIB tokens have increased their holdings by 425%.

As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.

Ethereum (ETH) price has continued its uptrend and bounced above the moving average lines. The bears have already pushed the altcoin to the $3,000 support level twice before it recovered.

Solana started a fresh increase above the $240 zone. SOL price is consolidating gains and might aim for an upside break above the $255 resistance.

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is regaining investor attention after breaking past a critical resistance level. ETH surged by 5% in recent trading, reaching $3,200, a price point that many analysts consider pivotal for its next potential rally.

Ethereum price stabilized during the weekend as last week's strong bull run faded. ETH, the second-biggest cryptocurrency, was trading at $3,370 on Monday, a few points below the month-to-date high of $3,500. It has risen by about 60% from its lowest level this year.

Ethereum price started a fresh increase above the $3,320 zone. ETH is rising and aiming for more gains above the $3,500 resistance.

Ethereum has surged over 33% in the past month, trading above $3,368, but a correction might be on the horizon. Analysts suggest this dip could precede a powerful rally to $20,000 by 2025.

Large Shiba Inu transactions surged by 148% in 24 hours, reaching $300.98 million. Despite this, SHIBs price has declined 9.05% to $0.00002486, signaling cautious sentiment in a bearish cryptocurrency market.

Ethereum's derivatives market is surging as open interest in futures contracts climbs to an unprecedented $20.8 billion. This record-breaking milestone reflects increasing bullish sentiment and heightened activity among traders betting on Ethereum's continued price rise.

As whale activity increases and the price approaches crucial resistance levels, Dogecoin has been garnering a lot of attention. Market conditions point to the potential for another wave that aims for the eagerly awaited $1 mark following a robust rally that lifted the meme coin above $0.5.

After reaching an all-time high, where could SOL go next? Let's find out.

Shiba Inu (SHIB) has been consolidating in a tight triangle pattern on its daily chart, a technical setup that often precedes a breakout or breakdown. However, on-chain data is raising concerns about the asset's stability.

Ethereum (ETH) is currently facing significant downward pressure, with its price declining by 3% over the past 24 hours. This bearish trend could push ETH's price below the critical $3,000 price level.

Shiba Inu's lead developer, Shytoshi Kusama, has addressed a growing wave of requests from investors hoping for a major price rally for the token. The call for a “moonshot” has intensified as the crypto market continues its bullish trend, particularly with Bitcoin nearing new all-time highs.

Here is how some of your favorite assets concluded the week.

A market analyst says Shiba Inu (CRYPTO: SHIB) could experience a massive rally, predicting gains exceeding 2,000%. What Happened: The forecast has sparked excitement among the cryptocurrency's community as SHIB continues to gain traction as a leading meme coin.

Ethereum (ETH) is showing early signs of recovery as it consolidates near the $3,250 mark, reclaiming critical support levels.

Ethereum staking recorded a net inflow of +10k ETH, with 115k ETH deposited and 105k ETH withdrawn.

NFT sales totaled $158 million in the past seven days. That is down 12.7% from the previous week of sales that reached $181 million.

The NFT market showed resilience in the past week, with overall sales holding steady despite a slight drop. Solana maintained its position as the third-largest blockchain for NFT sales, recording $23.9 million in weekly transactions.

The market has turned to red at the end of the week, according to CoinStats.

Tether's treasury mints 2 billion USDT tokens on the Ethereum network.

According to IntoTheBlock data, Shiba Inu has seen a 148% surge in large transaction volume in the last 24 hours.