Trump's inauguration and the performance of crypto derivatives could play a significant role in pushing ETH's price to attain the $4,000 price mark.
It's been an interesting past 24 hours for the cryptocurrency industry and market, with the United States president-elect Donald Trump launching his own meme coin “Official Trump” (TRUMP). The Solana-based meme coin's value has skyrocketed by more than 500% in the past 24 hours, with a market cap of over $5 billion.
The cryptocurrency market has seen renewed activity in the third week of January 2025, as global market capitalization increased by 2%. This uptick in market momentum has significant interest from large investors, commonly known as crypto whales, who have been accumulating select altcoins.
Donald Trump's official meme coin blasted above $73 early Sunday as Solana pumped—and Dogecoin dipped further.
The Solana price has been in red-hot form over the past week, making a play for a new all-time high this weekend. United States President-elect Donald Trump successfully launched the Official Trump (TRUMP) meme coin on the Solana network, triggering the latest bullish momentum for the SOL token.
Solana (SOL) reached an all-time high (ATH) of $277.99 on January 18, driven by a surge in activity surrounding the newly launched TRUMP memecoin.
Ethereum price tumbled 8% in 48-hours to hit $3,130 on Sunday, despite bullish sentiment dominating the crypto sector ahead of Donald Trump's inauguration. While the likes of Bitcoin and Solana hit record highs, ETH market momentum has been considerably subdued.
An early Solana trader recently made headlines by selling 10% of his holdings, raising eyebrows and igniting speculation about his next moves. Most likely pursuing something wrong, the current trader is now looking into old companies like SOLANA and new tokens like DTX and SUI.
Solana's native token has reached a new all-time high, climbing to $268.75 before stabilizing at $254, fueled by the launch of Donald Trump's memecoin, TRUMP.
The native token of the Solana blockchain, SOL, has skyrocketed to a fresh record high after the network hosted the on-fire President-elect Donald Trump's official meme coin, TRUMP. The TRUMP token launch caught the attention of the crypto market and could be behind Solana's new price highs.
Vitalik Buterin, co-founder of Ethereum, has announced significant changes to the leadership structure of the Ethereum Foundation, aiming to enhance technical expertise and improve collaboration with developers and contributors within the ecosystem.
Ethereum co-founder Vitalik Buterin has announced significant leadership changes at the Ethereum Foundation, aiming to prioritize technical expertise. The post Vitalik Buterin Unveils Leadership Overhaul at Ethereum Foundation to Boost Technical Focus appeared first on Cryptonews.
The Ethereum Foundation (EF) is undergoing a significant leadership transformation, according to co-founder Vitalik Buterin.
"Cardano flipping Solana is possible, but not guaranteed," the AI-powered chatbot stated.
Mad Lads climbs to sixth place among top NFTs, with a market cap of $186.7 million, as Solana hits $287, driven by the buzz around TRUMP memecoin.
Nearly two years ago, I sold all but a residual amount of my Ethereum (ETH -4.37%) and invested even more heavily in Solana (SOL 18.81%). I don't regret my decision, even if it might raise some eyebrows among seasoned cryptocurrency investors.
The launch of the Official Trump meme coin has triggered unprecedented activity on Solana's decentralized exchanges (DEXs), propelling the network's trading volume and SOL token price to historic highs.
The Solana blockchain has just written a new chapter in its history and reached a historical peak, with its native token SOL valued at nearly 269 dollars. This spectacular spike is attributed to the launch of the meme token TRUMP, backed by the elected American president, which triggered a wave of enthusiasm among investors.
Vitalik Buterin, co-founder of Ethereum, has disclosed that the Ethereum Foundation is making large leadership changes in its structure. However, Buterin clarified that this does not mean the foundation would change its general ideology or risk losing its position as a neutral platform.
Ethereum's Vitalik Buterin recently took to the X social media network to reveal that the Ethereum Foundation, a non-profit organization focused on supporting various research and development initiatives within the Ethereum ecosystem, is currently undergoing a significant leadership overhaul.
Toncoin (TON) experienced a 2.2% increase, reaching a current trading price of $5.90. This upward momentum comes amid a broader market interest surrounding significant global events, including the upcoming U.S. presidential inauguration.
Solana's DeFi ecosystem hit a major milestone on the charts, showcasing growth driven by liquidity and innovation.
With a huge price breakout that has elevated it above $268 and left other significant cryptocurrencies trailing in terms of performance, Solana is causing a stir in the cryptocurrency market. Top crypto influencers have taken notice of this surge, solidifying Solana's standing as one of the most active assets in the current market cycle.
Suspicious trading activity emerge around Trump's memecoin as its market cap soars to $42 billion.
Suspicious trading activity emerge around Trump's memecoin as its market cap soars to $42 billion.
A Bloomberg analyst predicted that a Litecoin exchange-traded fund might be the next crypto ETF to win approval from the SEC.
Donald Trump's official memecoin hit $44 early Sunday, up more than 900% over the past 24 hours.
Vitalik Buterin, the co-founder of Ethereum, has changed his social media profile picture to a Milady NFT, marking another high-profile endorsement of the controversia
The cryptocurrency market has experienced a strong bullish reversal over the past few days. This has resulted in top tokens breaking down their important resistance levels. Furthermore, the Solana price today has achieved a new ATH of over $275, indicating increased bullish action.
Bitcoin (BTC), Dogecoin (DOGE), and Ethereum (ETH) show differing price trajectories. While Bitcoin continues to hold steady above the $100,000 level, concerns over a potential hidden downtrend emerge.
RAY has enjoyed the spoils of Raydium DEX's impressive lead in Solana.
Solana's volume in the decentralized exchange industry jumped to a record high on Sunday, Jan. 19. According to DeFi Llama, Solana's (SOL) DEX protocols handled $19.47 billion in volume, up from $19.37 billion the previous day.
The Ethereum blockchain has emerged as the primary target for cybercriminals in 2024, with the platform bearing the brunt of the year's major losses in the cryptocurrency sector. A new report from Cyvers reveals that the Web3 ecosystem suffered over $6 billion in losses from hacks, exploits, and cyberattacks.
The cryptocurrency market has been brimming with bullish sentiment, particularly as the inauguration of President-elect Donald Trump approaches on January 20, 2025. This event is expected to bring a positive shift for crypto assets, but one of the key developments gaining attention is the substantial accumulation of Ethereum (ETH) by whales in recent days.
A relatively new Ethereum (ETH) layer-2 scaling solution has soared to the top of Santiment's rankings of ERC-20 coins in terms of recent development activity. The crypto analytics firm notes that Starknet (STRK) clocked 401.97 notable GitHub events over the past 30 days.
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The Official Trump memecoin launch captivated the crypto market and could be behind Solana's new price highs, but the real question is, how sustainable is the rally?
As the global cryptocurrency market capitalization expands to $3.59 trillion, the second-largest digital asset, ethereum (ETH), has struggled to keep pace with its peers. Over the past six months, its performance has lagged significantly, falling short of the momentum seen elsewhere in the sector.
Solana is riding the TRUMP wave, jumping to a new all-time high price after the network played host to Donald Trump's official meme coin.
A closely followed crypto strategist and trader thinks one Ethereum (ETH) competitor is gearing up for a breakout. Pseudonymous analyst Inmortal tells his 223,100 followers on the social media platform X that Solana (SOL) may be forming a bullish pattern on the daily chart and could surge more than 18% from its current value.
Ethereum's creator Vitalik Buterin announced on X today that the Ethereum Foundation (EF) is gonna have some major leadership changes. According to Buterin, the Ethereum Foundation has actually been under restructuring for almost a year, with some updates already public and others still being finalized.
Solana traded to as high as $268.75 on Saturday morning, according to CoinMarketCap, eclipsing its previously all-time high.
"People seeking a different vision are welcome to start their own organizations," Buterin wrote in a January 18 social media post.
Amid a broader upward trajectory in cryptocurrency valuations, the non-fungible token (NFT) market registered a measured 2.78% increase in total sales during the week spanning Jan. 10–17, 2025. Over this period, aggregate digital collectible sales amounted to approximately $156.13 million, driven by a 115.41% escalation in the number of buyers relative to the preceding week.
The cryptocurrency market saw a notable surge on Saturday. Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) all experienced a rise in value, as traders anticipate a potential ‘Trump bump' with the upcoming second Donald Trump presidency.
The new ‘Trump coin', launched on the Solana chain, surged to over $30 less than 24 hours after its launch.
Ethereum (ETH) has been struggling in the markets recently, showing a 12.08% decrease in value over the past month. While it managed a brief rally last week, the momentum has now faded.