Operational expenses for executing transactions on the two leading layer one (L1) blockchain protocols have diminished notably relative to the same period in 2024, reflecting a striking recalibration. Cheaper Than Ever: Blockchain Users Reap Benefits of Fee Freefall Reflecting on last April, the average fee to transact on the Bitcoin blockchain hovered at $16.
Binance warns Solana and BSC are gaining ground as Ethereum continues to struggle with high fees and slow speeds.
EOS is known for being a relatively stable cryptocurrency, with fewer dramatic price swings compared to others. While it's been on a gradual decline overall, its price movement in April has started to draw some attention.
Crypto market uncertainty results in negative year-to-date returns for altcoins in the top 10, Solana included. Amid fearful sentiment of traders and the economic fallout from President Donald Trump's tariff announcements, Solana bucks the market-wide decline with a steady climb in the past 10 days.
The Bitcoin dominance in the cryptocurrency market is inching dangerously close to a long-term resistance level that has triggered major reversals in the past. This resistance level is highlighted on the weekly BTC.D candlestick timeframe chart.
US spot exchange-traded fund applications continue to pile up. Nashville, Tennessee-based Canary Capital filed to list an ETF on Friday that holds the Tron blockchain network's native token, TRX, which will include staking capabilities.
The Ethereum price continues to disappoint investors who expected that the second-largest cryptocurrency by market cap would have hit new all-time highs alongside Bitcoin crossing $100,000. However, this has not been the case as Ethereum has reversed violently and returned to levels not seen in five years.
While Ethereum has bounced back above the $1,600 level, several altcoins are surging with ALEO and GMT leading the charge. ALEO has risen 26.2% in the last 24 hours, trading at $0.2498 from a low of $0.1949.
After enduring an unsteady period over the past few weeks, the cryptocurrency market appears to be finally settling, with most large-cap assets stabilizing within a consolidation range. The story was a little different for the Solana price, which is showing strong signs of resurgence in the last few days.
The Tron price has stalled between the key support and resistance levels at $0.2210 and $0.2595 even as its fees rise. The Tron (TRX) token was trading at $0.
Digital assets sustained nominal gains to end the week, signaling prospects for a total recovery. Most assets consolidated on previous double-digit gains, breaking resistance levels as positive news bolstered trader confidence.
XRP price is defending the support level at $2, but it has also failed to make meaningful gains in recent weeks as traders remain cautious because of macroeconomic concerns. One analyst now believes that if Ripple fails to make any gains, it will face a massive selloff from whales and top holders, which makes it
Canary Capital has submitted a fresh application to the SEC for a spot Tron exchange-traded fund (ETF) that would include a staking component. The post Canary Capital Files for Spot Tron ETF with Staking Feature appeared first on Cryptonews.
The Ethereum price has stabilized above the support at $1,400 and below the resistance at $1,700 or the moving average lines.
Bullish momentum is building around the Solana price after rising by nearly 4% in the last 24 hours to trade at a three-week high of $139. This rally has obliterated a $1 million sell wall, with traders now wondering how high SOL will rally and whether the $150 price level is next.
Ethereum is quietly building momentum around the $1,600 mark after weeks of sideways movement.
Solana nears $150 as bulls defend $136 support. Institutional buying and bullish momentum point to a potential breakout in May. Can SOL extend to $180? The post Solana Price Eyes $150 as Bulls Defend Key Support—Will May Bring a Breakout or Another Pullback? appeared first on Cryptonews.
Justin Sun, founder of Tron (TRX), has broken the silence on the speculation about an exchange-traded fund (ETF) making the rounds in the crypto space. Sun validated the news by sharing an update with his over 3.8 million followers on X.
Whales are back accumulating ETH.
Ethereum is trading below critical resistance levels after enduring weeks of heavy selling pressure and lackluster performance. Since breaking below the psychological $2,000 mark, the price has dropped more than 21%, signaling growing uncertainty among short-term investors.
Veteran trader Peter Brandt has surprised the community with his bold prediction for Ethereum. He predicts that Ethereum could fall back to $800 and shared a chart showing a descending triangle pattern, which is a bearish pattern that often signals about a bigger price drop ahead. Currently, the key support level is around $1,500.
Ethereum price is up 0.50% today following in Bitcoin's (BTC) footsteps. But, data from CoinGlass shows that $6 billion will be liquidated if Ethereum (ETH) moves just a $1,000.
Canary Capital has filed a Form S-1 registration with the US Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) focused on Tron (TRX).
Canary capital files with SEC for staked Tron ETF amidst rising demand for altcoin ETFs.
TRON whales and retail traders exit the market as price falls, suggesting potential continuation.
Galaxy Research has returned to the Solana governance arena with a fresh proposal that seeks to sidestep the deadlock that stymied last month's SIMD‑228 vote on inflation.
Liquid staking has been a challenging yet transformative sector in the decentralized finance ecosystem. Proof-of-stake blockchains like Ethereum and Solana have been sitting at the forefront of the industry, all thanks to the diverse liquid staking protocols like JPool, a user-centric liquid staking ecosystem that have been simplifying the DeFi entry for mainstream adoption.
Solana (SOL) is showing signs of a subtle bullish trend despite broader crypto market uncertainty. While the asset still trades below the 100-day and 200-day Exponential Moving Averages (EMAs), indicating a lingering local bearish trend, its recent breakout above the 50-day EMA suggests a possible shift into a stealth bull phase.
Old-school commodity trader Peter L. Brandt, who has been in the business since the mid-1970s, has stirred the crypto community with his recent tweet, where he predicts Ethereum to nosedive to a 2022 low of $800.
Ethereum could soon find itself in a technical deadlock as the growth of layer 2 solutions threatens to saturate its processing capacity, despite planned improvements.
During Q1, Solana ranked number 1 among all the other blockchains by DEX trading volume, capturing 39.6% of the market and 52% in January alone. Despite the strong numbers, the network has faced a drop in revenues and activity, specifically after peaking in January with $35.9 billion in daily DEX volume.
Altcoin has been trading between key zones as leverage rises and whale sentiment remains mixed.
One of the altcoins that the market is most interested in, XRP, might be about to make an unexpected bullish breakout. Due to a traditional descending channel breakout formation, the asset is now showing signs of reversing the trend following months of consolidation and downward movement.
Solana (SOL), a top-performing altcoin in recent months, is now flashing bearish signals as technical indicators point to a potential downtrend against Bitcoin (BTC). Currently trading at 0.00158 BTC, or approximately $133.16, Solana has shown strong recovery from last weeks lower price levels.
Tron (TRX) has dropped 1.26% in the past 24 hours, now trading at $0.2441. However, a significant development is catching attentionIntoTheBlock data reveals a massive 10.45 billion TRX sell wall, posing a strong resistance to price growth.
Canary Capital has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking the price of TRONs native token, TRX. Named the Canary Staked TRX ETF, the proposed product would stake portions of its TRX holdings through third-party providers to generate additional yield, with BitGo serving as the custodian.
Ethereum's MVRV signals an undervaluation of the altcoin, but a bullish reversal remains unclear.
Canary Capital has filed for a staked Tron ETF with the SEC, aiming to offer investors exposure to TRX price and staking rewards.
Solana (SOL) price has been under pressure recently, leading to concerns about a potential downtrend against Bitcoin (BTC). On the SOL/BTC price chart are signs that the cryptocurrency could be forming a “death cross,” a pattern that suggests a further decline in price.
$2.3B in BTC and ETH options expire today—smart money leans bullish on BTC, while ETH faces looming sell pressure.
Solana (SOL) has climbed 13% over the past seven days, showcasing strong short-term performance. While momentum indicators like the RSI and EMA lines remain supportive, recent price action suggests that bullish strength may be stalling just below a key breakout point.
The staking feature for crypto ETFs will likely be approved by the Donald Trump administration. TRX, against the U.S. dollar, has been preparing to enter its macro price discovery. Canary Capital Group filed with the United States Securities and Exchange Commission (SEC) on April 18 to offer Canary Staked TRX ETF.
As filings pile up for proposed U.S. ETFs based on XRP, Solana, Dogecoin, and other assets, Canary aims to launch the first Tron fund.
United States asset manager Canary Capital has filed to list an exchange-traded fund (ETF) holding the Tron blockchain network's native token, TRX (TRX), regulatory filings show. The fund intends to hold spot TRX and stake a portion of the tokens for added yield, the filing said.
Canary Capital has filed for a new exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC), proposing the Canary Staked TRX ETF launch. According to the S-1 registration statement submitted on April 18, the fund would offer investors exposure to the price movements of TRX while incorporating staking features.
In this edition of Weekly Crypto Regulations News, the SEC reveals plans for a crypto custody roundtable, Russia urges stablecoin development after wallet freezes, and Canada leads with spot Solana ETFs featuring staking. The post Weekly Crypto Regulation News Roundup: SEC Sets Roundtable, Russia Eyes Stablecoins, and Canada Approves Solana ETFs appeared first on Cryptonews.
Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron's native token, TRX, according to a filing.
Without sufficient absorption, the risk of continued structural compression remains elevated.