Trader demand for Solana's SOL rose as Donald Trump's so-termed official token was issued on the network.
Most altcoins are deep in the red, while SOL has soared by 10%.
Donald Trump launched TRUMP memecoin on Solana earlier today. A trader made $20 million in profits through TRUMP investment within an hour.
Donald Trump's official social media accounts have created a stir by promoting a Solana-based meme coin called "Official Trump (TRUMP)." The post Trump Promotes Solana Meme Coin Days Before Inauguration, Sparking Hacking Concerns appeared first on Cryptonews.
Binance has paused the withdrawal of SOL coins through Solana Network after it recorded a high withdrawal volume. The move comes as Donald Trump launched TRUMP meme coin on Solana, taking the liquidity from other tokens in the crypto market today.
XRP News: The odds of an XRP, Solana (SOL), & Litecoin (LTC) exchange-traded funds (ETF) have gained significant traction in anticipation of Doland Trump's upcoming presidential inauguration and Gary Gensler's exit. Notably, renowned ETF expert Nate Geraci recently revealed that numerous asset managers have submitted filings for multiple crypto-backed exchange-traded products.
The crypto market continues to trade under bullish influence as Bitcoin prices are sustained above $103K. Meanwhile, the other altcoins continue to soar within a small margin; a couple of them have surged magnificently.
TRUMP, a meme coin on Solana, has officially made its way to the cryptocurrency market. The launch was announced by Donald Trump on X, with others quickly joining the thread to share their speculation and support.
Total Transaction Fees: $3.093 billion from approximately 4 million active Solana user addresses.
Today marks the final full day for Gary Gensler at the SEC, and as he exits, the ETF industry has been quick to respond with a wave of filings, including XRP and Solana Futures ETFs.
The rapid rise of $TRUMP highlights the volatile nature of meme coins and raises concerns about security and legitimacy in digital finance. The post Did Trump just drop $TRUMP meme coin on Solana?
Donald Trump is promoting a Solana meme coin from his social media accounts. Elaborate hack or a truly wild new era for crypto?
Popular Solana-based Launchpad Pump.fun is under fire again after a law firm filed a class action lawsuit against the platform on behalf of investors who lost money on memecoins deployed in Pump.fun. The lawsuit argues that the platform allegedly sells unregistered securities, promotes pump-and-dump schemes, and lacks proper user protection measures.
Cardano's recent breakout highlights its potential to hit $1.40 in the ongoing rally.
Solana (SOL) and XRP both outperformed the overall crypto market on Thursday amid a report that President-elect Donald Trump is thinking about establishing an “America First” strategic crypto reserve.
Crypto investors could be forgiven for thinking this week took place in 2024. That was a year full of rallies for all manner of coins and tokens, after all.
Multichain Capital partners Tushar Jain and Vishal Kankani introduced a proposal to address the inflation of Solana's native crypto, SOL. The goal is to use a market-driven mechanism to adjust Solana's emissions dynamically, moving away from the network's current fixed-rate issuance model.
Solana (SOL) has made a remarkable recovery following Monday's unexpected flash crash, surging by more than 28% in less than five days. This impressive rebound has sparked renewed optimism among investors, who are now eyeing the potential for a bullish continuation in the weeks ahead.
This week, Ripple's XRP stole the spotlight by hitting seven-year highs, surging nearly 45% in just seven days.
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One of the biggest looming questions is will the new administration facilitate the launch of spot ETfs which track the price of Solana.
Cardano (ADA) has been attracting significant attention in the cryptocurrency space, with analysts pointing to its favorable technical setup as a signal for potential growth. Recently, renowned market analyst Crypto Rand shared his positive outlook on Cardano's chart, describing it as “one of the best-looking charts out there.
Solana (SOL) has surged 15% over the past seven days, holding near the $200 mark. Its market cap has risen to $107 billion, overtaking BNB.
Prominent crypto trader Unipcs has argued that Solana (CRYPTO: SOL) flipping Ethereum (CRYPTO: ETH) this cycle is a real possibility, citing metrics and momentum as reasons for his thesis. What Happened: Unipcs contends that Solana has outperformed Ethereum in transaction volume and on-chain activity, positioning itself as a leader in blockchain adoption.
Bloomberg Intelligence analyst James Seyffart has reflected on the remarkable success of spot Bitcoin (CRYPTO: BTC) ETFs and the potential problems in altcoin ETF approvals in 2025. What Happened: In a recent Blockworks Macro episode, Seyffart pointed out four Bitcoin ETFs now rank in the top 20 ETF launches of all time, with iShares' (NASDAQ:IBIT) leading the way.
Solana (SOL) price jumped up as optimism grows, fueled by ETF speculation and increased altcoin performance.
Donald Trump's inauguration, which is slated for 20th January, might just be crypto's top catalyst in the short term. Indeed, expectations of crypto-friendly policies during his final term have the likes of Ripple and Cardano recording a stellar performance. Besides, with this positive sentiment, more investors are looking for opportunities beyond the crypto majors.
Phantom announced today that it received $150 million in Series C funding and intends to become the world's largest consumer finance platform.
Bitcoin's chance of hitting a new all-time high has increased, buoyed by expectations of the adoption of a US Bitcoin reserve.
Solana price could see significant gains if XRP achieves an ambitious $20 trillion market capitalization. The investors and the analysts are keenly observing this interaction between these two top altcoins by means of reviewing how the possible spikes in the price of XRP can affect other cryptos including Solana.
As the time approaches President-elect Donald Trump's inauguration, the sentiment seems to be shifting completely towards the bullish side. Amid this market recovery, ADA, the native token of the Cardano blockchain, has broken out from a bullish price action pattern and is poised for massive upside momentum.
President-elect Donald Trump is set to move back into the White House on Monday after he officially assumes office, kicking off a flurry of speculation about immediate crypto-relation action, such as support for a U.S. crypto reserve. Benzinga talked to cryptocurrency experts, who are divided on the likelihood of immediate executive orders, but largely bullish on the near-term market outlook.
As Donald Trump prepares to take office on January 20, reports suggest his administration is considering adding U.S.-based cryptocurrencies like XRP, Solana, and USDC to a proposed national strategic reserve.
Diese Nachricht kam völlig unerwartet, doch für die Kursentwicklung von Ripple (XRP) und Solana (SOL) könnte sie wirklich alles verändern.
SOL's surge can be attributed to optimism about its potential role in U.S. digital reserve.
Solana price has a strong upward momentum with added propulsion on news of a potential inclusion in a Federal crypto reserve.
The sole plaintiff only lost $231 but is looking to represent a much larger group affected by the Peanut the Squirrel meme coin.
As Cardano (ADA) continues to stamp its authority as one of the sought-after proof-of-stake (PoS) blockchains, whales are keenly seeing the ecosystem, owing to the heightened adoption witnessed.
When it comes to investing in cryptocurrencies, the clear No. 1 option is still Bitcoin (BTC 4.92%), which accounts for a whopping 57% of the total market cap of the entire crypto market.
Solana (SOL) has recently experienced a surge in trading activity, gaining 9% in a single day to reclaim the $200 mark—its highest point in a week. This upswing has fueled speculation that the cryptocurrency could target $220 in the short-term, especially as political events like Trump's upcoming inauguration loom.
Solana (SOL) price has risen 8% in the last 24 hours backed by strong whale accumulation and a 52% increase in daily trading volume to $7 billion.
Solana is going to have a stomping 2025. The Solana network is going to get a thorough going-over with the launch of a new and improved network, funded by Solaxy ($SOLX).
With his recent comments, the president-elect of the United States has ignited new discussions in the cryptocurrency sphere. He showed a willingness to incorporate digital assets such as XRP, Solana (SOL), and USDC into the U.S. strategic reserves.
The crypto market seems to be relieved ever since the appointment of Donald Trump as the new POTUS. Frank Chaparro, an early Bitcoin investor, calls this an end of 4 years of regulatory “harassment” and “terror,” which was blatant under the Biden administration.
TL;DR The global crypto market has reached a milestone of $3.6 trillion in market capitalization, driven by significant gains in major cryptocurrencies like Bitcoin, XRP, and Solana. Bitcoin has surpassed the $101,000 mark, reaching a high of $102,164, fueled by a fresh buy announcement from MicroStrategy and favorable macroeconomic factors.
Bitwise report projects Solana could reach $6,636 by 2030 in its bull case scenario, based on strong network metrics, growing adoption, and technological capabilities.
Cryptocurrency trader and analyst Ali Martinez is predicting a triple-digit rally for XRP as he offers his insight on two other altcoins. Martinez tells his 113,700 followers on the social media platform X that XRP could skyrocket by 200% from the current level.
Thanks to mechanisms like MEV (Maximum Extractable Value), earning SOL has become a much sweeter deal. In Q4-2024 alone, Jito Tips—a measure of MEV—brought in a whopping $430 million (or 2.1 million SOL).