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DeFi Technologies launches SolFi, another Solana-focused investment platform, giving institutions exposure to SOL.

Solana has continued to peck away at Ethereum, beating out the number two blockchain in key metrics along the way.

PYUSD on Ethereum's market cap has remained relatively unchanged in recent months while the supply on Solana has plummeted from its high.

Solana (SOL) has achieved a new year-high of $220, marking a major 35% surge over the past week. This sharp price increase has propelled the cryptocurrency to levels not seen in nearly three years.

Expanding beyond its original Stellar deployment will help the project jump further into the burgeoning DePIN space.

DeFi Technologies, a company bridging traditional finance with cryptocurrency by providing exposure to digital assets, has announced a new platform aimed at adding Solana to its balance sheet. In an announcement on Nov.

According to a report by hedge fund Syncracy Capital, Solana now rivals Ethereum in almost every economic metric.

SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said.

SolFi is a spinoff of the crypto investment platform focused exclusively on Solana, DeFi Technologies said.

The cryptocurrency market has entered a long-anticipated bull run, or in other words, prices are rising across the market. Bitcoin rewrote history again, crossing $89,000, and many other assets like Solana have leapfrogged major competitors.

Solana has popularly become the go-to choice for several venture capitalists and hedge funds, with most believing it's price could reach $600 in this bull market cycle. In a recent Crypto Investment Manager Survey by MV Global, 76 venture allocators were asked, and almost a third of those who participated believed SOL could reach that mark.

An OG Ethereum (ETH) trader is shaking the crypto world with a bold bet. The trader is converting some Ethereum and Solana (SOL) holdings into PropiChain (PCHAIN). The legendary trader predicts that PropiChain will surge 20,000% by January 2025. This means a $1,000 PCHAIN investment will be valued at $200,000.

The startup's token centers around the bitcoin basis trade, which exploits price differentials between spot and futures markets.

Bluntz, the insightful analyst renowned for his accurate forecast of the 2018 Bitcoin bear market bottom, is once again capturing attention with his latest bullish outlook. Bluntz has shared his optimistic targets for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) in the current bull market.

Solana (SOL), popularly called the "Ethereum killer," is experiencing market volatility amid the ongoing bullish run for most assets. The volatility has forced it to shed some gains, a shocking trend considering its latest momentum.

The COIN50 index could enhance market transparency and attract institutional investors, potentially stabilizing the volatile crypto landscape. The post Coinbase launches COIN50 index tracking major assets BTC, ETH, SOL, XRP, and DOGE appeared first on Crypto Briefing.

The majority of memecoins listed on Binance in 2024 are hosted on Solana.

A group of polled venture capital firms and hedge funds expected Bitcoin (CRYPTO: BTC) to peak between $100,000 and $150,000 this bull cycle, down from the astronomical forecasts set by other market researchers. What happened: According to the "Q4 2024 Crypto Investment Manager Survey" by venture capital firm MV Global, nearly 45% of the respondents projected the top cryptocurrency to stay within the aforementioned range.

The Solana price has experienced a dramatic surge in recent weeks, reaching a new yearly high and drawing significant attention from investors. However, this bullish momentum was short-lived as the cryptocurrency saw a sharp drop to around $208.

Almost all the top cryptocurrencies have shown growth in the last seven days. Some cryptos have even outperformed Bitcoin. Solana has recorded a gain of 34.7% – far above BTC's 7-day rise of 28.1%. The price of Solana now stands at $217.71.

The crypto market has evolved beyond macroeconomics — it now has ties to politics. If you have doubts, look at the prices of assets like Solana (SOL) since Donald Trump emerged as the winner of the US presidential elections.

The price of Solana (SOL) has remained positive and bounced off its previous high of $210.

During the 2021 bull market, Solana surged 900% after 117 days of consolidation. If trends repeat, it could surpass $1,000 and reach $1,900.

Solana (SOL) has seen a massive 35% weekly surge to a new year-high of $220, closing last week above levels not since in nearly three years. As the cryptocurrency soars and whales accumulate, some market watchers suggested SOL is poised to fly to new levels soon.