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news-imageJanuary 28, 2025

Cardano Forms Bullish Divergence, Solana Loses Key Level, Lightchain AI Targets $1

The cryptocurrency market is buzzing with activity as Cardano (ADA) shows signs of recovery, forming a bullish divergence on its charts, while Solana (SOL) struggles after losing a critical support level.
Publisher: Crypto Daily
Sentiment: Neutral
ADA
SOL

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Neutral
cover-imageThe Currency Analytics
January 30, 2025

Solana Price Faces Volatility Amid $20.5M Whale Move and Stablecoin Growth

The influence of whale activity on Solana continues to stir both volatility and speculation, as massive deposits from entities like Pump.fun continue to shape market sentiment. Recent transactions involving nearly $20.5 million worth of Solana (SOL) have led to increased market focus, with investors questioning the implications for SOL's price and future direction.

Positive
cover-imageThe Currency Analytics
January 30, 2025

Cardano ADA Poised for Recovery, Targets $1

Cardano's ADA has experienced significant volatility over the past week, with broader market turbulence playing a role in its price action. A notable factor contributing to the downturn was China's DeepSeek, which triggered a risk-off sentiment across the crypto market.

Neutral
cover-imageFinbold
January 29, 2025

ChatGPT says Solana price will hit this target by Q1 2025

Solana (SOL) is navigating significant volatility, reflecting broader corrections across the cryptocurrency market. The recent decline comes as investors await the Federal Open Market Committee's (FOMC) decision on interest rate cuts, heightening caution across the board.

Positive
cover-imageCryptoSlate
January 29, 2025

Plomin hard fork brings decentralized governance to Cardano

Cardano is set to activate the Plomin hard fork by 21:44 UTC on Jan. 29, ushering in a new era of decentralization for the network. This upgrade, confirmed in a Jan. 29 statement shared with CryptoSlate, grants ADA holders direct voting power over critical network decisions, including parameter adjustments, treasury withdrawals, and hard forks.

Positive
cover-imageCrypto Economy
January 29, 2025

Solana ETF Approval Imminent? Cboe Refiles SOL ETF Applications

TL;DR The Cboe BZX Exchange refiled Solana ETF applications for Bitwise, VanEck, 21Shares, and Canary Capital, reflecting a more crypto-friendly regulatory environment. The SEC's new acting chair, Mark Uyeda, has introduced changes boosting confidence in crypto-based ETF approvals, including revoking restrictive measures and establishing a crypto task force.

Positive
cover-imageAltcoin Buzz
January 29, 2025

Cardano Launched Plomin Hard Fork for Governance

This upgrade marks a pivotal moment, giving ADA holders more control over the network's future. With the official draft of the Cardano constitution signed in December 2024, the next step is an on-chain vote by the community and Delegated Representatives (DReps).

Positive
cover-imageCointribune
January 29, 2025

After the 2024 Setback, Cboe BZX Renews Its Solana ETF Applications

On January 28, 2025, the Cboe BZX exchange filed new ETF applications focused on Solana for Bitwise, VanEck, 21Shares, and Canary Capital. Following a disappointing outcome in 2024, these initiatives aim to revive the SEC's review, marking a significant milestone for crypto adoption in traditional financial markets.

Neutral
cover-imageInvezz
January 29, 2025

Cardano price prediction: can ADA surge past $1 soon?

The cryptocurrency market is navigating a correction, with leading assets experiencing a pullback following recent gains. Bitcoin (BTC) is trading at $102,584.12, down 0.27% over the past 24 hours, while still maintaining a 2.77% gain over the past week. Ethereum (ETH) has declined to $3,141.78, reflecting the overall bearish sentiment.

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