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news-imageJuly 19, 2022

Solana, Avalanche and Other 'Ethereum Killers' Are Riding the Merge Pump

The narrative around Ethereum has shifted, ETH is on a tear, and competing coins appear to be benefiting as well. Will it last?
Publisher: Decrypt
Sentiment: Neutral
ADA
ALGO

More News Articles

Neutral
cover-imageThe Cryptonomist
April 22, 2025

Avalanche (AVAX): price analysis, future scenarios, and market outlook

The price of Avalanche (AVAX) is currently 20.42 USD, marking a slight daily decline of 0.79%, but with a weekly increase of 2.52%, according to CoinMarketCap data updated as of April 22, 2025. The recent performance of AVAX suggests a phase of consolidation, with contrasting signals between technical corrections and bull cues.

Positive
cover-imageCrypto Economy
April 22, 2025

Solana's Whale Watch: Big Players Signal a Potential Price Surge

TL;DR Whale accumulation surges: Big investors are rapidly increasing their holdings, with whale wallets rising from 4,943 to 5,019 and the SOL price climbing from $121.44 to $134.02 in just one week. Bullish technical indicators: Solana is trading well above its 50-day moving average, a classic sign of market strength that often precedes significant rallies.

Negative
cover-imageBeInCrypto
April 22, 2025

Cardano Whales Offload 170 Million ADA as Price Trends Lower

Cardano's lacklustre performance over the past week has prompted some of its largest holders to begin selling their coins. On-chain data reveals that ADA whales holding between 100 million and 1 billion coins have collectively offloaded over $160 million worth of the asset within the last seven days.

Neutral
cover-imageBenzinga
April 22, 2025

XRP, Solana, Dogecoin Among 72 Crypto-Related ETFs Awaiting SEC Approval,

A total of 72 cryptocurrency-related exchange-traded funds are currently awaiting approval by the U.S. Securities and Exchange Commission, according to Bloomberg ETF analyst Eric Balchunas. What Happened: These pending applications span a wide range of crypto assets, including mainstream tokens like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL), as well as meme coins such as Dogecoin (CRYPTO: DOGE) and themed funds like "2x Melania.

Positive
cover-imageTokenpost
April 22, 2025

Cardano (ADA) Surges Past $0.630 as ETF Approval Odds Rise

Cardano (ADA) has broken through a key resistance level at $0.630, signaling a strong bullish reversal amid a broader cryptocurrency market recovery. This breakout, which began on April 21, was marked by a significant increase in trading volume, surpassing 68 million ADA during the breakout candlea clear indicator of growing investor interest and momentum.

Negative
cover-imageTokenpost
April 22, 2025

Galaxy Digital Swaps $100M ETH for SOL Amid Ethereum Concerns

Galaxy Digital, led by Mike Novogratz, has reportedly exchanged over $100 million worth of Ethereum (ETH) for Solana (SOL), signaling a notable shift in institutional crypto strategy. On-chain data from Wu Blockchain indicates that Galaxy moved 65,600 ETHaround $105 millionto Binance over the past two weeks, while simultaneously withdrawing approximately 752,240 SOL, valued near $98.4 million.

Positive
cover-imageTokenpost
April 22, 2025

Cathie Wood's ARK Invest Buys Solana (SOL) Through Canadian ETF

Cathie Woods ARK Invest has officially added Solana (SOL) to its portfolio, marking its first direct investment in the token. According to Solana Floor, the purchase was made via the SOLQ ETFa Canada-based staking fund that offers exposure to SOL and its staking rewards without requiring users to manage wallets or assets directly.

Positive
cover-imageThe Cryptonomist
April 22, 2025

Galaxy Digital bets on Solana: sold 105 million dollars in ETH to focus on SOL

According to on-chain data reported by Wu Blockchain, Galaxy Digital transferred 65,600 ETH, equivalent to approximately 105 million dollars, to Binance and subsequently withdrew 752,240 SOL, valued at approximately 98.37 million dollars. This operation represents a clear signal of strategy change by the company, which seems to want to reduce its exposure to Ethereum to decisively focus on Solana, a blockchain that in recent months has shown signs of steady and robust growth.

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