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From whale activity to network strength, Solana's resilience sets the stage for a potential bullish reversal.

Raydium (RAY) price has surged nearly 20% over the past week, showing impressive strength within the Solana ecosystem. With Raydium maintaining a stronghold as the leading decentralized exchange on Solana, its price momentum is backed by substantial trading activity and liquidity.

The crypto market faced a surge of selling pressure this week, unsettling investors as Bitcoin (BTC) dropped by 4% before rebounding to $71,000.

Over the past seven months, the Solana price has traded sideways, struggling to sustain above the $200 psychological level. While the consolidation has created uncertain market sentiment with a lack of initiation from buyers, the Q4 period could be a game changer.

Solana (CRYPTO: SOL), launched in March 2020, has risen more than 15-fold, driven by a robust ecosystem supporting various meme coins. What Happened: In 2022, Jim Cramer labeled Solana and other tokens like Litecoin as "idiot investments" on CNBC.

Institutional investment in Solana-based blockchain applications rebounded in the third quarter of 2024, with Solana's DApps attracting $173 million across 29 funding rounds. The post Institutional Investments in Solana DApps Reach $173M in Q3, Up 54% From Previous Quarter appeared first on Cryptonews.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

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XYO's native token is now tradable against tokens including SOL and USDC on Solana-native decentralized exchanges Jupiter and Raydium.

Solana's (CRYPTO: SOL) ecosystem showed notable financial and institutional growth in the year's third quarter, securing $173 million in new funding across 29 projects despite a slowdown in the number of funding rounds, according to a new Messari report. What Happened: This 54% quarter-over-quarter increase represents the highest quarterly funding total since Q2 2022, highlighting investor confidence in Solana's infrastructure and DeFi solutions, Messari writes.

Sonic, a layer-2 blockchain for gaming on Solana, has announced partnerships with Solayer and Adrastea Finance aimed at expanding the Solana restaking ecosystem. The Sonic SVM team revealed it was joining forces with the Solana (SOL)-based protocols on Oct.

Solana has fallen by 4% today, but its performance over the past month has raised the possibility of it flipping Ethereum. The post Solana Surges While Ethereum Stalls – Is a Breakout on the Horizon for SOL? appeared first on Cryptonews.

The M2 exchange was exploited for $13.7M in ETH, BTC, and SOL. The hacker still holds the ETH and BTC, while moving most of the SOL out of the initial wallet.

With Solana ETF approval on the horizon, three Solana-based meme coins are gaining traction. Each offers unique growth potential, but one stands out with its powerful ecosystem, deflationary model, and innovative features, appealing to a growing altcoin market.

TL;DR Sonic SVM and Solayer team up to increase Solana delegator rewards. Adrastea introduces liquid resttaking option on the Solana network. The collaboration seeks to encourage participation and security within the Solana ecosystem.

Layer-1 (L1) blockchain Solana saw a surge in user demand in October. During those 31 days, Solana's monthly user activity climbed to its year-to-date high.

Sonic SVM, a Solana (SOL)-based Layer-2 (L2) platform, has partnered up with Solayer to increase rewards for Solana delegators, while Adrastea, a new partner in the ecosystem, is introducing liquid restaking on Solana, as reported to Finbold on Friday, November 1.

Solana (SOL) has reclaimed the $180 level, showing resilience by bouncing off the $162 support zone. Currently trading at $180.45, Solana has recorded an 11% surge from this key level, prompting discussions around whether the altcoin can push towards the significant $200 threshold.

Solana-based restaking and liquid staking could follow the explosive growth trajectory of Ethereum's liquid staking ecosystem.

Canary Capital, founded by former Valkyrie Funds co-founder Steven McClurg, has filed for a Solana (SOL) spot exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).

Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.

The price of Solana (SOL) is correcting upwards and remains in a sideways trend. The cryptocurrency has reached a high of $183, but is now falling again.

Analysts are observing that Bitcoin is facing rejection from a critical resistance zone. This movement has led to a short-term bearish divergence, suggesting potential downward pressure. Additionally, Ethereum and Solana are facing similar challenges as they struggle to maintain upward momentum.

Bitcoin (BTC) slipped below $70,000 as markets turned bearish after the world's premier cryptocurrency briefly teased a new all-time high earlier in the week. BTC is currently down over 4% and is trading around $69,300.