Cardano (ADA) whales, who have been instrumental in driving the cryptocurrency's price by 270% in the last 30 days, have now sold a bunch of tokens. This sell-off comes ahead of this week's token unlock, which market participants expect will cause volatility.

The Solana (SOL) network has grown to a top-tier layer one (L1) blockchain majorly bolstered by the memecoins launched in the past year. Solana's memecoin market cap has scaled to over $20 billion and a daily average traded volume of over $8 billion, led by dogwifhat (WIF), and Bonk (BONK), among others.

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js.

Grayscale Investments has filed with the SEC to launch a spot Solana ETF, aiming to convert its existing Solana Trust into a publicly traded fund on the NYSE.

Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.

Cardano has processed over 134,000 transactions per second (tps), marking a significant milestone in the platform's development. Charles Hoskinson, CEO of Input Output Global (IOG), shared his enthusiasm on X, stating, “Not bad Cardano.

As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Solana (SOL) price has resumed selling pressure after reaching the overhead resistance level of $260.

Solana ETF is gaining more support to be released in the United States after Grayscale, following others' moves to be proposed to the commission.

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).

Investments and innovation: Grayscale's strategy in the crypto market.

The New York Stock Exchange filed an application with the SEC to create an ETF based on Grayscale's Solana Trust. This filing joins several other Solana and XRP ETF applications in recent days.

Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF).

Cardano (ADA) was up 16% today and touched $1.28. The cryptocurrency had its biggest 24-hour gain in the last month, which boosted its market capitalization to $44.7 billion.

Crypto-based spot ETFs have gained traction in recent months amid a shift in regulators' attitudes toward digital assets in the U.S.

Grayscale Investments has filed a 19b-4 with the SEC to convert its Solana Trust into a spot ETF. With $134M under management, GSOL could lead the way in a fiercely competitive crypto ETF market.

Grayscale Investments has filed to list a spot Solana (SOL) ETF on the New York Stock Exchange, joining a major growing firm that is seeking to launch Solana ETFs in the U.S. This filing sent Solana's price surging by $10 immediately.

After the XRP rally above $2.60, the primary token was not enough. The Ripple army is now trying to build a native meme token ecosystem.

The New York Stock Exchange's exchange-traded product platform filed a form on behalf of Grayscale Investments, LLC for a spot Solana ETF.

Grayscale's Solana ETF filing on NYSE Arca coincides with a 6% surge in Sol's price, amidst growing institutional adoption and regulatory talks. The post Grayscale files for Solana ETF as SOL token surges 6% appeared first on Crypto Briefing.

Grayscale joins 21Shares, Canary Capital, VanEck and Bitwise as the other ETF issuers looking to win the SEC's approval.

Grayscale joins rivals 21Shares, Canary Capital, VanEck and Bitwise in filing for a Solana ETF in the US.

Asset Management firm Grayscale Investments has applied to list a spot Solana ETF product with the New York Stock Exchange (NYSE). This filing places Grayscale among the growing list of firms now pressing to list the product in the United States.

This is a segment from the Lightspeed newsletter. To read full editions, subscribe.

Cboe and four issuers are pushing the SEC's boundaries on crypto assets allowed in an ETF wrapper with recent Solana ETF filings. The SEC may refuse to acknowledge the applications in the near term, but new leadership at the agency in 2025 will be more friendly to crypto, making Solana ETF approvals likely in the next few years.

Cardano (ADA) surged 300% to $1.327 but risks correction with overbought RSI and a $20M token unlock on Dec. 4. Key support lies at $1.088 and $0.886.

The total value locked (TVL) on the Cardano (ADA) ecosystem has soared past the $700 million mark as it recovers from the cryptocurrency bear market that saw it drop to a $50 million low back in November 2022.

Cardano's record high open interest metric raises concerns about a sharp sell-off, but strong market demand suggests the ADA rally could continue.

Small holders are selling despite ADA reaching heights not seen in years.

Solana (SOL), one of the leading cryptocurrencies by market capitalization, is currently showing signs of bearish pressure, with its price struggling to maintain key support levels. On December 3, 2024, the sentiment across the cryptocurrency market appeared mostly negative, as several major assets faced difficulties in gaining upward momentum.

The cryptocurrency market is buzzing with activity as Bitcoin (BTC) holds steady at around $95,900 after a mild correction. Market sentiment remains cautious following the U.S. government's transfer of 10,000 BTC worth approximately $962.88 million from a Silk Road-seized wallet.

The recent election results have shifted overall market sentiment. Amid this, Cardano (ADA) along with other major cryptocurrencies has experienced a notable rally and has gained significant attention from crypto enthusiasts. Meanwhile, the altcoin has surged more than 272% in upside momentum in the past 30 days.

The total value of crypto locked (TVL) in smart contracts on the Cardano blockchain just surpassed $700 million according to DeFi Llama, a new record high. The post Cardano TVL Blasts to New Record High – Will ADA Become 2024's Top Altcoin? appeared first on Cryptonews.

Cardano price has been attracting considerable attention amid the ongoing bull market showing impressive gains. As the cryptocurrency market experiences a surge following the recent U.S. elections, ADA has emerged as one of the standout performers.

Dan Gambardello, a veteran market analyst and founder of Crypto Capital Venture, is uber-bullish about Cardano (ADA). As one of the most outspoken advocates of ADA, he has forecasted that the coin could swiftly rocket to the ambitious $3 level.

Cardano could be the next to surge after XRP, as the ADA price shows signs of an imminent market recovery. A crypto analyst has projected that the ADA price could experience an epic breakout to $4.88 this bull cycle.

Blockfrost and Filecoin Foundation are working to integrate Filecoin's decentralized storage capabilities as a backup layer for Cardano apps built with Blockfrost. The post Cardano Apps Get a Backup Layer Through Blockfrost and Filecoin Collab appeared first on Cryptonews.

The crypto markets are gearing up with popular altcoins printing massive gains in the past few days. With XRP & ADA prices rising above $1 after a long time frame, the momentum appears to have shifted in favour of bulls.

As the crypto market gains momentum, the Solana price has grown notably, reaching impressive highs over the past week. This surge suggests a potential breakout, with bullish sentiment building around the coin.

The price of Moo Deng (MOODENG), the popular Solana-based memecoin, has skyrocketed over 120% after Coinbase backed it.

Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.

Cardano (ADA) and the XRP Ledger (XRP) have started outperforming Bitcoin amid expectations of regulatory changes under the incoming Trump administration. Both tokens have surged remarkably since the US presidential election, capturing investor attention and signaling a potential realignment in the digital asset landscape.

Most of the coins have come back to the green zone after a correction, according to CoinMarketCap.

Cardano Founder Charles Hoskinson has shared a significant spotlight from the recent Hydra Doom testing featuring the community. With plans to host a gaming tournament to test the limits of the Hydra Head protocol, the developer team recently conducted a load test.

Cardano's DeFi ecosystem approaches $700 million in TVL while its native token ADA reaches $1.21, marking a substantial recovery from 2022 lows.

Solana (SOL) has experienced a steady upward trend in its price. However, new developments suggest that a significant correction may be on the horizon.

Hailey Welch, the girl protagonist of the viral TikTok meme “Hawk Tuah”, is launching her own memecoin on the Solana blockchain.