This is a segment from the Lightspeed newsletter. To read full editions, subscribe.
Solana's fresh all-time highs were driven by investors' memecoin mania and euphoria over Bitcoin's strong rally. Can SOL hit a new high?
The cryptocurrency market is buzzing as spot ETF applications for Solana (SOL), XRP, and Hedera (HBAR) progress, signaling a potential "altcoin season" where investors may expand their focus beyond Bitcoin and Ethereum. The post SOL, XRP, and HBAR To Pump Further As Road to ETFs Opens Up appeared first on Cryptonews.
A Solana user lost $2,500 after ChatGPT provided a malicious API link.
Bitcoin trades just a few hundred dollars from $100,000. What will altcoins do if the price milestone is hit?
Solana and Altcoins Had a Massive Week -- Here's Why
The next few weeks are crucial for ADA as it navigates altcoin trends and Bitcoin's potential correction. Reaching $1 could be the catalyst it needs.
Ali Martinez, a technical and on-chain analyst, has recently shared a thread on X highlighting Cardano's nearly 200% surge in the last three weeks. However, he remarked that this is nothing compared to what is coming. Amidst a broader market optimism and altcoin gaining momentum, Cardano looks all poised to rally to new highs.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Solana tokens hit a record high with 77,000 deployed in a single day, mainly driven by meme coin minting. Solana's DEX trading volume exceeded $7.1B, while TVL climbed past $8.8B. The launch of spot Solana ETFs also renewed market interest, boosting SOL prices to new heights. The post Solana Network Breaks Record With 77K Tokens Deployed in a Single Day appeared first on Cryptonews.
With Solana (SOL) trading at a new record high, the decentralized finance (DeFi) token's technical indicators suggest it is primed for further upside.
Ethereum, Solana, and Avalanche are forming bullish price action and appear poised to follow bitcoin's surge.
Solana's meteoric rise to $262.93 highlights growing interest as top issuers submit ETF applications, sparking optimism for approval in 2025.
This week, the crypto economy soared to an astounding $3.29 trillion. Bitcoin (BTC) rose by 10%, while ether (ETH) followed closely with a 9% uptick. Meanwhile, a wide array of alternative digital currencies posted impressive gains, with many achieving growth in the double- and even triple-digit range.
Solana reaches an all-time high of $263.70, thanks to whale accumulation amid ETF filings.
The price of the native token of smart contract platform Cardano ($ADA) has surged by more than 43% over the past week and over 140% in the last 12-month period amid a wider cryptocurrency market rally. ADA's surge was notably accompanied by a rise in whale transactions.
Dogecoin hit its highest price in over a week, but other altcoins are seeing massive gains as Bitcoin approaches the $100,000 milestone.
Cardano (ADA) has been one of the crypto market's top performers in November. In just one month, ADA has rallied by more than 120%.
The native token of the Solana network shattered a fresh all-time high above $260, boosted by recent crypto-wide bullish performance and SOL exchange-traded fund filings flooding in after Gary Gensler's departure.
Fox Business reporter Eleanor Terrett has revealed that the SEC is in quiet discussions with multiple issuers regarding the approval of a Solana ETF.
Solana price has recently reached an all-time of $263.70 on November 22, 2024, a long-awaited recovery, rising over 32 times, since it dropped to as low as $8 in 2022. This has filled the cryptocurrency market with excitement as it coincides with the impressive performance of Bitcoin price, approaching the coveted $100,000.
Cardano (ADA) appears set to cross the $1 level as bullish sentiment remains high on the market. Notably, ADA has recorded an impressive surge in its open interest.
A surge in filings for spot Solana exchange-traded funds (ETFs) has occurred following the resignation of SEC Chair Gary Gensler, sparking optimism in the cryptocurrency industry. The post Solana ETF Filings Increase in the Wake of Gary Gensler's SEC Resignation appeared first on Cryptonews.
Solana (CRYPTO: SOL) reached a new all-time high on Friday morning, trading at $264.31 on Coinbase Inc. (NASDAQ:COIN), according to TradingView. This comes two years after the collapse of the crypto exchange FTX, which had sent Solana prices plummeting.
The bears are slowly gaining strength with the beginning of the American trade as the markets are plunging from the highs. Solana's price has also marked a new ATH at $263, just above the previous one at $260, with a massive increase in bullish sentiments and volume.
Crypto asset manager Bitwise has filed for a Solana (SOL) exchange-traded fund (ETF). Paperwork filed with the Securities and Exchange Commission (SEC) makes Bitwise the fourth investments company vying to offer a Solana ETF, behind Canary Capital, which filed in October and VanEck and 21Shares which kicked off the race in June.
Crypto investor Raoul Pal has shared a bullish outlook for Solana (SOL), suggesting the altcoin could see further gains despite recently reaching a new all-time high. His prediction coincides with two new ETF filings featuring SOL, which could increase the cryptocurrency's demand and visibility in mainstream markets.
TL;DR Cardano (ADA) hits its highest price since May 2022, surpassing 90 cents. Big investors are accumulating ADA, with over $12 billion in the hands of whales. On-chain activity and institutional interest point to a possible stability in ADA's rally.
Cardano has been rising since the day of the US election. With some corrections at important levels of Fib, ADA has surged by 189% in the last 16 days. The token was at this price last in May 2022 when the market was falling. It had fallen from an ATH of $3.
Analysts expect the 2017 bull rally to occur again as Cardano (ADA) and XRP prepare themselves for the season. Both coins are gaining support and are increasing the probability of new investors coming into their respective ecosystems. While these giants prepare for another potential breakout, all eyes are on one emerging star: Rexas Finance (RXS).
Cardano (ADA) has been one of the standout performers in the crypto space over the past month, showing a remarkable surge in its price. Over the last 30 days, the price of ADA has more than doubled, and it is currently trading at its highest point of the year.
The Cboe BZX Exchange has filed for four spot Solana ETFs from Bitwise, VanEck, 21Shares, and Canary Capital.
Cardano's price smashes new yearly highs at $0.92 for the first time since April 2022. Then the price continued to drain as the markets were stuck within a rising bear market, but now they are at the foothill of a huge bull run.
Cardano (ADA), the ninth-largest cryptocurrency, is setting its sights on the $1 mark, reaching highs of $0.919 in today's trading session.
The SOL price has hit a new all-time high within the past 24 hours, reaching $262.93 after controversial influencer Andrew Tate posted that he had loaded a crypto wallet with 10,000 SOL and was preparing to trade meme coins. The post Solana Meme Coins To Explode As SOL Price Reaches New ATH, Andrew Tate Loads His Wallets appeared first on Cryptonews.
Cardano price has soared to new heights in the last 24 hours, riding a wave of optimism in the cryptocurrency market. ADA has reached a two-year high, breaking multiple resistance levels, fueled by increased investor interest and a broader market rally.
Though BTC has received the most attention with its march toward $100,000, other coins and tokens have also been moving, and Solana (SOL) has even managed to reach a new all-time high (ATH) in market capitalization earlier in the week.
The Cboe BZX Exchange has submitted 19b-4 filings to the United States Securities and Exchange Commission for four Solana spot ETFs, with 21Shares, VanEck, Canary Capital, and Bitwise the issuers.
The crypto-focused asset manager Bitwise took an initial step toward launching a SOL ETF yesterday when it registered a statutory trust in Delaware. Bitwise becomes the fourth firm to show interest in a spot SOL ETF following earlier filings from VanEck, 21Shares and Canary Capital.
This week, we examine Ripple, Cardano, Optimism, Solana, and Dogecoin in greater detail. Ripple (XRP) XRP just had one of the best months in years, and its price increased by 74% this week alone, bringing it close to $1.5.
TL;DR Solana (SOL) reached a new all-time high of $263.70 on November 22, 2024, marking a significant recovery from its low of just above $10 in December 2022.
Bitcoin (BTC) continued towards the $100,000 mark, rising to a new all-time high of $99,314 before declining to its current level of $99,124. BTC is now up 45% since Donald Trump was announced as the winner of the US elections.
A user tried to generate a bot to snipe meme coins on Pump.fun. The code contained commands to send out Solana wallet private keys, draining wallets almost immediately after exposure.
The latest filings for Solana ETFs coincide with SEC Chair's decision to step down.
On November 20, crypto whales offloaded significant amounts of Cardano (ADA), disrupting its bullish momentum. However, the narrative shifted today as the Cardano whales' accumulation has taken center stage.
ADA price jumped 11.46% in a single day, reaching its strongest level since May 2022, driven by $12 billion in whale accumulation.
These filings were made with CBOE, a Chicago-based options exchange, which is known for helping investors buy and sell different financial products. The four funds making the move are: Vaneck US, 21 Shares, Bitwise Invest, and Canary Funds.
On November 22, Solana (SOL) reached a new all-time high of $264.31, marking impressive resilience two years after the collapse of FTX! This 11% increase in 24 hours reflects renewed investor confidence in the Solana crypto ecosystem.