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Jelly-My-Jelly (JELLY JELLY) has spiked by over 100% over the last hour but the surge in value is triggering a wave of anxiety for Hyperliquid Vault. The automated market maker is in the middle of a short squeeze and could lose a fortune if the Solana memecoin continues to surge.
The XRP market faces significant changes as both Ripple and the U.S. Securities and Exchange Commission (SEC) approach the end of their legal dispute. The case has gained prominence among the crypto community during the entire time of SEC Chair Gary Gensler's enforcement period.
The crypto market sentiment has bounced from fear to neutral as Bitcoin and most altcoins recover. Amid this recovery, traders are frantically looking for the best crypto to buy to secure significant returns and possibly make 10x gains within weeks.
Solana (SOL) is showing early signs of recovery after enduring several days of selling pressure and heightened volatility. The altcoin is now trading above the $135 mark, a psychological level that bulls have managed to defend in recent sessions.
The rates of most of the coins keep rising today, according to CoinStats.
The March dip attracted massive buyers as over $470M SOL were withdrawn from exchanges.
The crypto market continued to increase over the past 24 hours, rising almost 1% to $2.86 trillion as it inches towards the $3 trillion mark. Bitcoin (BTC) saw a marginal rebound as it went from $86,380 to $88,447 before declining to its current level.
Sui (SUI) has gone up by 8.4% in the past 24 hours to stand at $2.60 after news that Canary Capital filed an application for a SUI-linked exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC).
Cboe BZX filed a 19b-4 form on March 25 to list Fidelity's spot Solana ETF. The SEC's stance on altcoin ETFs may shift under Trump's administration.
Solana memecoins like TRUMP and BONK are rallying as risk appetite returns, fueling demand for SOL and supporting a potential 65% price breakout.
Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins.Technicals show 65% SOL price rally in play As of March 26, SOL's price had entered the breakout stage of what appears to be a falling wedge pattern. A falling wedge forms when the price consolidates inside a range defined by two converging, descending trendlines.
Solana (SOL) price looks ready to rise in April based on a classic bullish reversal indicator and signs of renewed appetite for memecoins.Technicals show 65% SOL price rally in play As of March 26, SOL's price had entered the breakout stage of what appears to be a falling wedge pattern. A falling wedge forms when the price consolidates inside a range defined by two converging, descending trendlines.
Solana price jumped to a two-week high above $147 after $11 trillion asset manager BlackRock announced it will be using the SOL blockchain for its $1.7 billion $BUIDL fund. This adoption has sparked retail interest in Solana, with traders now wondering whether the altcoin could reclaim its previous all-time high and rally past $300.
BlackRock's move to integrate Solana reflects the growing institutional interest in tokenized financial products, particularly as blockchain technology gains traction in traditional markets.
Solana's price hovers around $142 with growing institutional interest as BlackRock launches a fund on its platform and Fidelity files for a spot ETF.
Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm's latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration.The $5.8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 report by the Financial Times citing anonymous sources familiar with the matter. The stablecoin development is reportedly part of the asset manager's wider push into crypto-based services.
On Tuesday, its technology partner, Securitize, announced that BlackRock's blockchain-based money market fund, BUIDL, is expanding to Solana. This move follows the launch of BlackRock's USD Institutional Digital Fund last year.
The future of Solana-based ETFs, and the broader Solana ecosystem by extension, looks promising. Key founders have recently outlined expectations for the network and the potential performance of its highly anticipated Solana-based exchange-traded fund.
Bitcoin trades above $87,600 as Fidelity files for a Solana ETF and GameStop updates policy to hold BTC—boosting institutional crypto momentum. The post Bitcoin Nears $88,000 as Fidelity Files Solana ETF and GameStop Opens to BTC appeared first on Cryptonews.
Yesterday, Securitize announced that the tokens of the BUIDL fund by BlackRock were also launched on the Solana blockchain, but the price of the crypto SOL does not seem to have reacted to the news. BUIDL is a tokenized fund by BlackRock. It is the first RWA token launched by the giant of global finance.
The double top pattern typically requires confirmation through a decisive drop below the "neckline," the support level between the two peaks, which lies around $80,000 to $84,000 based on recent price action.
Solana's rising transaction volume and cost efficiency fuel its potential to overtake Ethereum.
Solana (SOL) has recently struggled to secure the $148 support level, with the altcoin unable to hold above this critical barrier. Despite an 11% increase over the last four days, the price remains stuck under $148, and bearish signals are becoming more prominent.
Fidelity Investments has taken a major step toward launching a Solana (SOL) exchange-traded fund (ETF), according to a new filing with the U.S. Securities and Exchange Commission (SEC). Cboe Exchange submitted a 19b-4 form on behalf of Fidelity, seeking approval to list the Solana ETF.
