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Solana continues to dominate new token activity, with 89% of new tokens choosing to launch on the network.

Solana (SOL), the fourth-largest cryptocurrency by market capitalization, is showing strong signs of bullish momentum, following a retest of a crucial breakout level. After a recent price dip, SOL appears to be gearing up for a potential 25% rally, with traders eyeing the $260 level in the coming days.

Solana price has seen a significant boost since Donald Trump's recent victory in the U.S. presidential election. Over the past month, the price of SOL has soared by more than 40%, reflecting a broader bullish trend in the cryptocurrency market.

The bullish outlook of the crypto market along with recent meme coin listings has seen the Solana ecosystem register staggering trading volumes. Meme Coins Fuelling Solana's Growth Solana (SOL) recently flipped BNB to become the fourth-largest cryptocurrency by market cap.

Solana has risen by 1% today, yet its recent explosion in trading volume suggests that it has decisively entered a new bullish phase. The post SOL Price Set for Parabolic Rise as Daily Volume Surpasses $13 Billion – Can Solana Overtake Ethereum? appeared first on Cryptonews.

PayPal's stablecoin, PayPal USD (PYUSD), has now integrated with LayerZero, a cross-blockchain bridging protocol, allowing seamless transfers between Ethereum and Solana.

Missed the opportunity when Solana (SOL) was just $0.50? Don't worry—there's a new altcoin rising with the potential to outshine even SOL.

Surging activity in onchain and derivatives metrics suggests that Solana's bullish momentum is set to continue.

DecideAI has announced the integration of its biometric identity verification solution, DecideID, into the Solana blockchain, aiming to enhance security and trust within the ecosystem. This move introduces Proof-of-Personhood (PoP) capabilities to Solana, ensuring that users are verified as unique individuals without the need for traditional Know-Your-Customer procedures.

Solana (SOL) experienced a remarkable surge, surpassing the $200 mark for the first time in years and peaking at an impressive $225.21. This sharp rise in price was propelled by a broader bullish trend across the cryptocurrency market, along with increasing demand for Solana's Layer 1 (L1) blockchain network.

Top–performing layer 1 crypto networks Solana ($SOL) and Sui ($SUI) are potentially ready to move higher, despite a period of increased volatility.

TL;DR Solana's DEX ecosystem achieved over $5 billion in daily trading volume for three consecutive days, highlighting its growing prominence in the DeFi space. Raydium and Orca were significant drivers, with Raydium accounting for 62% and Orca 22% of the total trading volume.

Story Highlights Popcat (SOL) price achieves a new ATH today! Floki memecoin is less than 30% away from achieving a new all-time high. Technical sentiments record extreme greed. With a surge of 31.07% in its 24-hour trading volume to $75.3 billion, the memecoin category has added 16.47% to its valuation during this period.

The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital's recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth of Ethereum.

Robinhood lists XRP, SOL, ADA, and PEPE, expanding crypto offerings to U.S. customers amid a shifting regulatory landscape.

Solana eyes a new record high by November's end, driven by a descending triangle breakout, pro-crypto policies, and a bullish setup against Bitcoin.

Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.

With 2024 coming to a close, CoinGecko has released its roundup of the most popular blockchain ecosystems of 2024.

Solana has broken above $200 with increasing volume and TVL reaching $7.59 billion, supported by growing ecosystem activity and strong technical indicators, though questions remain about the sustainability of memecoin-driven growth.

Bitcoin (BTC) soared past $90,000, setting a new all-time high as the crypto market resumed its rally, with major cryptocurrencies surging. BTC surged to a new all-time high of $93,409 late on Wednesday, and the Bitcoin Dominance Index, which measures its share of the crypto market, reached 61%, a level not seen since 2021

Solana rallies to $218 with its ecosystem booming. Can SOL break $225 or is a pullback looming?

With these additions, Robinhood now offers 19 different cryptocurrencies for trading. The decision from Robinhood to add these new coins comes after listening to feedback from its customers, who have been asking for more choices.

The data showed that aggregated Solana DEX's trading volume gained over 123% in the past seven days to reach over $30.49B.

For the first time since November 2021, Solana's (SOL) price has retested the $220 level. This has fueled more speculation that the altcoin may be poised for new all-time highs.