The recent rally in older tokens better resembles the price action of meme coins, benefiting from a broader market breakout, Decrypt was told.

An obstacle has been encountered in Bitcoin's ascent to the elusive $100,000 milestone, prompting traders and investors to wonder what is preventing the top cryptocurrency from reaching its full potential. Although Bitcoin has recently experienced bullish momentum that brought it near $100,000, the psychological barrier has not been broken.

Grayscale Investments, one of the largest asset management firms in the cryptocurrency sector, has officially filed for a Spot Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE). This move, declared on December 4, 2024, marks a significant development in the ongoing evolution of crypto investment products, especially after the successful approvals of Bitcoin and Ethereum ETFs earlier this year.

Binance Coin (BNB), the native cryptocurrency of the Binance ecosystem, has experienced a remarkable surge, breaking through a significant resistance level and setting a new all-time high (ATH) of approximately $771. This 15% rise in just 24 hours has shifted the focus toward BNB's potential to continue its upward trajectory.

BNB's breakout to $775 signals potential for further gains, with bullish momentum driving interest.

Ethereum's Beam Chain "is all about improving the long-term health and security of the consensus layer," says Drake. “Solana has no consideration for health.

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Older cryptocurrencies with regulatory overhang were among the biggest gainers over the past month as Donald Trump's election victory promises a friendlier U.S. regulatory environment toward digital assets.

Sol Strategies expands its footprint in the Solana blockchain ecosystem with a CAD $174.7M validator acquisition. The move grows its delegation to 1.49M SOL, strengthening operations and positioning it as a leader in validator commissions. Regulatory approval remains the final step for deal closure. The post Sol Strategies Sets the Stage for Growth with New Validator Acquisition appeared first on Cryptonews.

A Solana (SOL)-based memecoin is surging by double digits after Coinbase added the crypto asset to its listing roadmap. Gigachad (GIGA), a crypto asset inspired by the photo shoot of Russian bodybuilder Ernest Khalimov, soared 51% as the top US crypto exchange made the announcement. GIGA was trading for $0.

Bitcoin may consolidate in the near term while select altcoins continue to outperform.

Grayscale recently filed to convert its Solana Trust into a spot ETF, marking a significant step in expanding institutional access to Solana.

Assets management firm Grayscale expects Solana's (SOL) rise to continue as it outperforms major crypto assets. In a recent market report, the firm noted that Solana trumped Ethereum this year due to meme coin trading on the network.

Ethereum (ETH), Ethereum Classic (ETC), and Binance Coin (BNB) show strong bullish setups with major price targets, including BNB's cup-and-handle breakout aiming for $2,500.

Solana has risen by 5% today, climbing to $236 after Grayscale filed to transform its Solana Trust into a ETF. The post Grayscale's Spot Solana ETF Could Ignite SOL to $400 – Here's Why Bulls Are Watching appeared first on Cryptonews.

Peter Brandt made a bold prediction earlier this week, forecasting that Binance Coin (BNB) price would reach new all-time highs. As of today, his prediction has proven to be accurate, with BNB price surpassing its previous record price and hitting a new peak.

The cryptocurrency landscape is teeming with innovative projects, but some stand out for their unique inspiration. Enter $MOTH on Solana, a memecoin built around the internet's fascination with $MOTHs and their irresistible urge to become one with the lamp.

Solana's Gigachad (GIGA) experienced a notable surge in price following Coinbase's announcement of its plans to include the token in its listing roadmap. This addition included other digital assets such as Ethereum's Turbo (TURBO), signaling the exchange's ongoing commitment to expanding its asset offerings.

Binance Coin ($BNB) rallied 20% in the last 24 hours to hit a new all-time high of $788.84 at lunchtime UTC. The native token for the world's biggest exchange rallied sharply on a day when most leading cryptocurrencies are posting moderate gains. Crypto's $3.7 trillion market rose 0.8% overnight.

BNB has taken the spotlight with a powerful surge, breaking past the critical $724 resistance level and signaling the potential for more growth. This breakout has ignited bullish momentum, sparking speculation that the token could be gearing up for uncharted territory.

Coinbase announced plans to list the meme coins Gigachad and Turbo, causing the prices of both to immediately skyrocket.

Grayscale files with the SEC to convert its Solana Trust into a spot ETF, competing amid Solana's rising popularity.

What makes Pump.fun dominate Solana's DEX market, even as scandals rock its ecosystem and raise questions about its sustainability? Pump.

SOL has lost its spot as the fifth-largest cryptocurrency to BNB.

Crypto exchange tokens Binance coin (BNB), Bitget (BGB), and GateToken (GT) have all reached all-time highs today. The rise in the value of digital assets echoes the broad altcoin market's bullish sentiment, and analysts expect they will all surge even further in the long term.

Solana (SOL) price is currently 12% below its all-time high, which was reached on November 22. Despite this recent pullback, SOL remains one of the year's top performers, boasting an impressive 275.85% gain year-to-date.

Savvy commodities trader Peter Brandt published a tweet, predicting new all-time highs for Binance Coin (BNB). This prediction came true as BNB has, by now, gone much higher than Brandt predicted earlier today.

Pump.fun achieved $93M in revenue despite controversy and livestream content issues. Solana meme tokens like PNUT and CHILLGUY drive significant platform growth.

Binance's native coin, Binance Coin (BNB), has been on quite a roll lately. In 2023, the coin experienced significant losses, primarily on account of Binance's legal and regulatory troubles.

As the early excitement of Grayscale filing for Solana fizzles out, Solana faces a minor pullback. But will the growing bullish leverage drive the rally further?

Story Highlights With a 24-hour surge of ~19%, the BNB coin price has achieved a new ATH. Daily trading volume records a 125% surge and surpasses the $5 billion mark. Sustained bullish action could push the price toward the $1000 mark. The BNB coin price has achieved a new ATH of $793.

Solana (SOL) price has experienced a remarkable surge, gaining 40% since early November. This growth reflects the broader market's bullishness, highlighting SOL's potential for further momentum.

The Koii Foundation is giving a special gift to 110,000+ Solana Mobile Seeker pre-order token holders. This gift is a free airdrop of their $KOII token.

The breach led to $160,000 in stolen assets, including SOL tokens and other crypto assets, according to Solscan data.

The price of BNB, the native token of Binance's BNB Chain, has surged exponentially over the last 24-hour period to outperform most other major cryptocurrencies and hit a new all-time high near the $800 mark.

SpringBoard's liquidity pairing mechanism eliminates dependency on external sources.

BNB's derivatives market activity has also spiked, with 301% volume growth and a 40% open interest increase, supporting the recent rally.

Joining a competitive race amid Solana's significant market growth, Grayscale Investments has filed with the SEC to convert its Solana Trust into a spot ETF on NYSE Arca.

The price of Binance Coin (BNB) has reached an all-time high with the opening of a new trading session on the crypto market. Trading at $793.86 per token, BNB has surpassed its 2021 high, and right now we can say that it has entered the price discovery phase.

PancakeSwap, a leader in decentralized finance (DeFi), has unveiled SpringBoard, a streamlined token creation platform designed for the BNB Chain.

Despite the Bitcoin price struggling to take off from the $96,000 support level, Solana comes as a rising altcoin. With Grayscale filing the 19b-4 form to turn its Solana Trust into an ETF, the market sentiments for Solana have significantly improved.

TL;DR Binance Coin (BNB) surged 21% in a day, reaching a new all-time high of $793.35 and becoming the fifth-largest cryptocurrency by market cap, overtaking Solana (SOL). The rally was driven by positive market sentiment, Binance's robust ecosystem, and increased activity on the Binance Smart Chain, which boosted demand for BNB.

PancakeSwap unveiled its SpringBoard platform, enabling seamless token creation on BNB Chain without coding expertise.

PancakeSwap, a well-known DEX on the BNB Chain network, has just introduced a new platform that allows launching a token without code.

Leading DeFi platform PancakeSwap on Wednesday marked a monumental stride, introducing a new token launch portal for BNB Chain, SpringBoard. This new platform is much-touted to be similar to Solana's token launch platform Pumpfun.

Bitcoin (BTC) is back above $96,000 after suffering a slight pullback which dragged the price to a low of $93,645 late on Tuesday. The cryptocurrency is marginally up over the past 24 hours and is trading around the $96,500 mark, consolidating between $94,000 and $98,000.

Grayscale, one of the giants in cryptocurrency investment, has recently shaken the Securities and Exchange Commission (SEC) by filing a proposal to create a spot Solana ETF. This bold move could signify a turning point in the approval of spot ETFs for cryptocurrencies other than Bitcoin and Ether.