The dominance of Ethereum in defi makes it the top choice for stability and institutional-grade projects but Solana's speed and affordability could see it outpace Ethereum in relative gains.

The Solana ecosystem extends its recent explosion of activity with new highs for its TVL, Open Interest and SOL price action.

Shiba Inu (SHIB) is currently consolidating after a massive rally earlier this month, which saw the token surge to $0.00003046 (on Binance). However, the momentum waned as SHIB retraced to levels below $0.00002303.

Solana (SOL) is making waves in the cryptocurrency world with a recent breakout from a bullish technical pattern, ignite speculation that the altcoin could soon reach new all-time highs. A respected analyst, CryptoRus, has pointed to Solana's breakout from a massive Cup and Handle pattern, a key indicator in technical analysis that suggests a powerful upward trend is underway.

The race for Solana ETFs has heated up as major investment firms like Bitwise, VanEck, and Canary Capital vie for a piece of the action. This marks a pivotal moment for the cryptocurrency market, with Solana (SOL) emerging as one of the most promising blockchain platforms in recent years.

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 market uptrend sparked by Donald Trump's November 5 US presidential election victory has entered its third week. Increased trading activity has pushed many major cryptocurrencies to new all-time highs, while lower-cap tokens have seen sharp value spikes, delivering significant gains to traders.

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

A crypto analyst has drawn a distinct comparison between the Dogecoin and Shiba Inu price movements, noting that the trajectory of both meme coins closely mirrors each other. While he points out these similarities, the analyst has projected the next bullish target for Shiba Inu as its price action shows signs of a potential uptrend.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

In this weekly analysis of meme coins, BeInCrypto observed that these tokens experienced mixed results. While some tokens saw gains, others grappled with significant losses.

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.

Solana reaches an all-time high of $263.70, thanks to whale accumulation amid ETF filings.

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.

The burn rate for Shiba Inu ($SHIB) blew up by 2225% on Thursday amidst a surge of interest in meme coins. Shiba Inu tokens, which collectively have a market cap of $14.

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.

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.

Here's the latest achievement of Shibarium.

The Cboe BZX Exchange has filed for four spot Solana ETFs from Bitwise, VanEck, 21Shares, and Canary Capital.

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.

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.

Shiba Inu's daily chart has been consolidating in a triangle pattern, suggesting a possible breakout in the near future. On-chain data does, however, point to a worrying pattern.

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.

Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) are trading around 3% higher in a single day boosted by the optimism in the cryptocurrency market. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Dogecoin $0.3923 $57.6 Billion +2.8% +5.3% Shiba Inu $0.00002496 $14.7 Billion +4.2% +3.1% Trader Notes: Analysts see bullish potential for the top two meme coins.

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.

SHIB is gearing up for a massive bullish breakout as analysts predict a major upside for the altcoin, citing multiple bullish patterns. In a Nov.

The latest filings for Solana ETFs coincide with SEC Chair's decision to step down.

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.

As anticipated, November did, in fact, repeat itself three years apart as Solana (SOL) hit a new all-time high above $260. But will it be SOL's last ATH?

Bitwise has become the fourth company to file for a Solana ETF in the United States, joining Canary Capital, VanEck, and 21Shares in the race to launch the first such product amid changing political leadership and regulatory expectations.

Shytoshi Kusama, known in the crypto space as a leading voice in the ecosystem around the Shiba Inu (SHIB) token, made a number of high-profile comments on social network X. The comments touched on both the entire cryptocurrency market and the popular meme-inspired Shiba Inu token in particular.