Solana Is Inches Away From 100 Billion
Solana climbs, climbs, and soon touches the grail of 100 billion. Trump applauds, the crypto world holds its breath!
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Solana climbs, climbs, and soon touches the grail of 100 billion. Trump applauds, the crypto world holds its breath!
Solana, the leading Layer 1 blockchain platform, has at last overcome the critical $200 barrier, giving investors new hope. This milestone feeds expectations of more price increases and marks a turning point following a period of consolidation.
In the latest twist of crypto market action, solana (SOL) has waltzed past binance coin (BNB) this week, securing its place as the fourth largest digital asset by market cap. Solana Surges Ahead Currently, solana boasts a market cap of $97.68 billion, capturing 3.66% of the $2.67 trillion crypto economy. As of Nov.
Edward Snowden recently shared the importance of decentralization. He criticized AI-driven surveillance and venture capitalists' control over blockchain.
Snowden highlighted the importance of decentralization, sharing concerns about AI-driven surveillance and the influence of venture capitalists on blockchain.
"Ethereum killer" Solana is on track to join the prestigious "$100 billion club," according to Bitwise CEO Hunter Horsley.
A Solana (SOL)-based decentralized exchange (DEX) altcoin surged by more than 5x on Friday after South Korea's largest crypto exchange rolled out trading support for the asset. Traders on the Seoul-based Upbit can now purchase and unload DRIFT, the native asset for the Drift Protocol, an open-source DEX that enables transparent and non-custodial trading.
Solana's recent fortunes may be good news for the rest of the altcoin market.
In a recent interview, Anatoly Yakovenko, Solana's founder, spoke to the unique position this ecosystem holds in the blockchain landscape, using its implementation against L2 scaling solutions and other Layer 1 blockchain systems. Previously he raised questions about the vitality of the Ethereum ecosystem without the contributions from Base, a Layer 2 solution.
Peter Brandt, a veteran trader with decades of experience in the financial markets, is bullish on Bitcoin's future. In a recent post to his 746,100 followers on the social media platform X (formerly Twitter), Brandt expressed his optimism, suggesting that Bitcoin (BTC) is now in the “sweet spot” of its bull market halving cycle.
Solana's metrics pointed to a bullish run continuation as it tested a key level.
Following the recent crypto market surge, the non-fungible token (NFT) sales volume has surged by 16.3% to $96.1 million. The overall crypto market has been showing strong positive momentum recently.
As Solana continues to make significant strides in the crypto scene, SOL is elbowing notable rivals in various spheres.
Solana surges past $200 after a key software upgrade boosts validator profits. Could SOL reach $1,000 as network improvements drive renewed investor interest? The post Solana Poised for Breakout After Software Upgrade Boosts Validator Profits – Will It Hit $1,000? appeared first on Cryptonews.
The cryptocurrency market is gradually losing its bullish momentum, driven by the U.S. election boost. Amid the low volatility weekend, the Bitcoin price witnessed selling pressure at $77,000, signaling a post-rally pullback.
Solana (SOL) has reached the $200 price level for the first time in seven months, marking a key milestone in the cryptocurrency's journey. The surge comes on the heels of broader market optimism fueled by Donald Trump's election victory and the potential for pro-crypto policies under his administration.
Trading tools on Solana are immensely profitable. In fact, they tend to rival or exceed DeFi blue chips like Maker, Aave or Lido.
Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better.
A widely followed analyst and trader is leaning bullish on a large-cap altcoin amid a broader crypto market rally. The analyst pseudonymously known as Pentoshi tells his 809,700 followers on the social media platform X that Solana (SOL) is in the “all-time high waiting room.
This week, we examine Ethereum, Ripple, Cardano, Solana, and Dogecoin in greater detail. Ethereum (ETH) Ethereum concludes a strong week with an impressive 21% price increase which brings it above $3,000.
The presidential election in the United States has always had the power to shake markets, but seeing crypto like Solana soar above the symbolic $200 mark after Donald Trump's victory is surprising. Solana, the fourth-largest cryptocurrency by market capitalization, excited traders and investors with a 21% rise in one week.
Solana price staged a strong recovery, surging for five consecutive days, and crossing the important resistance point at $200 for the first time since April 1. It has surged by over 82% from its lowest point in August, a trend that could continue.
The cryptocurrency has recently surged to remarkable new heights, and now its RSI (Relative Strength Index) is displaying a flattening effect at the top. This pattern is comparable to a double-top pattern in conventional RSI analysis, in which the RSI reaches comparable high levels, twice forming a ceiling of sorts.
Solana (SOL) breaks past $200 amid record transaction volumes, following a surge in optimism on US elections.