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Solana's price could face further downward pressure as the SOL staking address associated with FTX/Alameda redeems 178,631 SOL, valued at approximately $28 million.
The total value locked (TVL) in the decentralized finance (DeFi) ecosystem of Solana (SOL) has finally surpassed $6 billion, a level last reached almost three years ago.
Wanchain has expanded its reach in the non-EVM world with Solana integration.
In October, the total value locked (TVL) on Solana hit a new high, surpassing $6.1 billion. This marks the highest level since January 2022.
A crypto trader made significant gains with a new Solana meme coin trading, sparking discussions in the market. According to reports, the trader has made $2.42 million with an investment of $727, and that too in just four days.
The crypto prices today have sparked substantial investor optimism globally, pumping heavily on Tuesday. Bitcoin (BTC) price soared remarkably to top the $65K level, whereas Ethereum (ETH), Solana (SOL), and XRP prices surged 2%-5% over the past day.
Presidential candidate Kamala Harris is angling for the crypto vote.
The community behind a synthetic dollar protocol on Ethereum (ETH) is proposing adding a top ETH rival to its reserve assets for its stablecoin. According to a new Ethena (ENA) community proposal, the community is considering adding Solana (SOL) as a reserve asset for the US-dollar pegged stablecoin USDe.
Solana (SOL) is trading above $150 after days of uncertainty and testing critical demand levels. The altcoin has surged 13% since last Thursday, showing signs of strength amid market volatility.
Solana (SOL) has continued its recent bullish wave during the last 24 hours with a surge of 4%, but the trend in this social media-related metric could be to watch out for. Traders May Have Become Too Hyped Around Solana On Social Media Recently According to data from the analytics firm Santiment, the positive sentiment around SOL on social media has shot up to a nine-month high following the latest bullish momentum that the coin has seen.
Bitcoin's rise above $66,500 could open the doors for a rally to new highs and altcoins look set to follow.
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Solana has overtaken Ethereum in weekly and daily DEX volume, a development that has further strengthened predictions that SOL could flip ETH or challenge its dominance in this cycle. Interestingly, crypto analyst Titan of Crypto has predicted that the Solana price can rise to as high as $1,400 in this bull run.
Bulls are trying to restore their lost positions, according to CoinStats.
Solana is currently in the spotlight, drawing stark attention from the general cryptocurrency market as the positive sentiment around the digital asset has experienced a significant upswing, solidifying its position in the industry as a leading asset.
The Solana price has jumped by 4% in the past 24 hours, rising to $153.40 as the crypto market enjoys a day of modest 1% growth.
Solana has seen a surge in bullish sentiment and trading volume, driving its price closer to breaking key resistance at $151.
The cryptocurrency market is slightly recovering, with Bitcoin above $64,000 and Ethereum over $2,500. Several Solana Rivals are gaining momentum, potentially offering significant returns.
The movements of whales – entities that are fast-moving in the cryptocurrency market because of their large punctuation – are some of the specific instances to consider in making sense of cryptocurrencies. In particular, Solana (SOL) Whales, have started buying some very promising new altcoin going for less than $0.
With Bitcoin (BTC) making its own breakout, Solana (SOL) has been quick to follow suit. Already closing in on Ethereum as the premier layer 1 blockchain network, the $SOL price is likely to continue sucking value out of $ETH going forward.
Solana (SOL), XRP, and Shiba Inu (SHIB) are crypto's top contenders for the next potential breakout. These coins have distinct support and resistance levels, setting the stage for possible rallies.
Today marks a positive day for most cryptocurrencies, with Solana, Bitcoin, and Ethereum leading the top 10 with impressive surges. But what to expect from each?
Bitcoin (BTC) registered a weekend bounce after briefly dropping below $60,000. The world's largest cryptocurrency has been up by almost 3% over the past 24 hours and is currently trading around the $64,500 mark, with buyers eying the $65,000 price level.
