TL;DR 89% of new tokens launched in 2024 will come from the Solana ecosystem, with a strong push from memecoins. Pump.fun has been the main platform for the launch of these tokens, especially in the case of memecoins.

The cryptocurrency industry is bracing for a potential surge in exchange-traded funds (ETFs) after Donald Trump's election win, signaling what experts believe could be a transformative era for digital assets in the U.S. What Happened: Market participants are hopeful that a pro-crypto Trump administration will end regulatory gridlock and usher in broader approval for innovative crypto-based financial products, according to a Financial Times report. The Securities and Exchange Commission's (SEC) recent approval of spot Bitcoin and Ethereum ETFs marked a significant milestone after years of regulatory pushback.

LESTER was recently launched on the Pump.fun platform, following a humorous declaration by Litecoin.

Solana price targets $500 as bulls drive a breakout. With memecoins boosting interest, could this be the start of a rapid SOL rally? Discover key insights now. The post SOL Bulls Push for $500 After Strong Breakout – Is a Rapid Rally Starting? appeared first on Cryptonews.

The price of Cardano has risen by 2.5% in the past 24 hours, reaching $0.5954 and outperforming the crypto market amid speculation that Cardano may partner with SpaceX. The post Cardano Joins Top 10 Cryptos – Will ADA Challenge Solana Next? appeared first on Cryptonews.

Solana (SOL), a Layer 1 blockchain, has experienced significant price activity throughout November. Following an early surge, the cryptocurrency faced strong resistance around the $218 mark, prompting a brief retracement.

Solana (SOL) has recently gained significant attention in the crypto market after a strong price rally, which has brought it back to levels not seen since November 2021. With Robinhood's decision to relist SOL, the token has surged, breaking past key resistance levels and setting the stage for potential new all-time highs.

Bitcoin (BTC) and the crypto market registered a sharp decline as speculation cooled after a week of significant gains. BTC has registered an increase of over 30% since the US election, thanks to President-elect Donald Trump's pro-crypto stance.

Assessing if Litecoin buyers can provoke a breakout or if the altcoin will see a pullback from its recent pattern.

Sol Strategies acquires four new validators to increase investment opportunities for shareholders via staking rewards. New Validators for Sol Strategies Four validators have been acquired by Sol Strategies (HODL), a cryptocurrency investment company run by Leah Wald, former CEO of Valkyrie Investments, for around $18 million in cash and stock.

The crypto community often presents millionaires here and there after their successful trading journey. However, many still question how many tokens, especially Solana tokens to buy to become a crypto millionaire.

The rapid rise of meme coins like LESTER highlights the volatile influence of social media on cryptocurrency markets and investor behavior. The post Solana meme coin Litecoin Mascot soars to $120 million market cap in less than 48 hours of launch appeared first on Crypto Briefing.

Solana reaches $218.01 with 4.93% daily gains, supported by strong technical indicators and institutional sentiment despite decreased social volume.

Solana (SOL) price has seen a remarkable 40% surge in recent weeks, climbing to $210. Despite this bullish uptrend, SOL is encountering challenges at the $221 resistance level, which could signal a potential reversal.

Litecoin's self-declared transition to memecoin status on November 14, 2024, triggered a 15% price rally to $82.25 and sparked increased trading activity, mining operations, and community engagement.

Solana's bullish momentum continues, backed by strong sentiment and technical indicators signaling potential gains.

Dogecoin and Solana are two of the largest cryptocurrencies by market cap and are closely positioned within the top ranks of the market, with only BNB separating them. Both cryptocurrencies have seen their respective market caps increase massively in the past 30 days.

Solana's ecosystem accounts for 89% of new tokens launched, with memecoins being a significant driving force.

Solana (SOL)'s 'Artists in Residence' returns to Art Basel Miami Beach, showcasing digital artistry. Supported by The Render Network, the event highlights the convergence of technology and nature.

A new survey from MV Capital shows strong institutional support for Solana, suggesting SOL reach new ATH.

Solana recently broke its yearly high at $210, sparking a surge in trading activity as the altcoin now attempts to consolidate above this key level. This period of volatile price action highlights Solana's strong position within the market, as investors watch for signs of a further breakout.

Litecoin is embracing its inner meme coin amidst a double-digit run, and it's all thanks to Dogecoin.

Solana (SOL) is gaining momentum once more, with bullish energy pushing it higher as it aims for the next major resistance at $240. Following recent consolidations, SOL has surged onto traders' radars with renewed buying interest, sparking optimism that the climb will continue.

Solana-focused publicly traded holding company and venture vehicle Sol Strategies (CSE: HODL) (OTC Pink: CYFRF), today announced it has acquired four validators from Cogent Crypto. The post Sol Strategies Acquires Cogent Crypto's Solana Validator Assets Valued at $203.6 million in Stock and Cash Deal appeared first on Cryptonews.

The firm will buy validators for SOL, SUI, MONAD and ARCH networks.

Solana also appears to be closing in on Ethereum as real economic value, and application revenue metrics reached record highs.

Solana continues to dominate new token activity, with 89% of new tokens choosing to launch on the network.

Solana (SOL), the fourth-largest cryptocurrency by market capitalization, is showing strong signs of bullish momentum, following a retest of a crucial breakout level. After a recent price dip, SOL appears to be gearing up for a potential 25% rally, with traders eyeing the $260 level in the coming days.

Solana price has seen a significant boost since Donald Trump's recent victory in the U.S. presidential election. Over the past month, the price of SOL has soared by more than 40%, reflecting a broader bullish trend in the cryptocurrency market.

The bullish outlook of the crypto market along with recent meme coin listings has seen the Solana ecosystem register staggering trading volumes. Meme Coins Fuelling Solana's Growth Solana (SOL) recently flipped BNB to become the fourth-largest cryptocurrency by market cap.

Solana has risen by 1% today, yet its recent explosion in trading volume suggests that it has decisively entered a new bullish phase. The post SOL Price Set for Parabolic Rise as Daily Volume Surpasses $13 Billion – Can Solana Overtake Ethereum? appeared first on Cryptonews.

PayPal's stablecoin, PayPal USD (PYUSD), has now integrated with LayerZero, a cross-blockchain bridging protocol, allowing seamless transfers between Ethereum and Solana.

Missed the opportunity when Solana (SOL) was just $0.50? Don't worry—there's a new altcoin rising with the potential to outshine even SOL.

Surging activity in onchain and derivatives metrics suggests that Solana's bullish momentum is set to continue.

DecideAI has announced the integration of its biometric identity verification solution, DecideID, into the Solana blockchain, aiming to enhance security and trust within the ecosystem. This move introduces Proof-of-Personhood (PoP) capabilities to Solana, ensuring that users are verified as unique individuals without the need for traditional Know-Your-Customer procedures.

Solana (SOL) experienced a remarkable surge, surpassing the $200 mark for the first time in years and peaking at an impressive $225.21. This sharp rise in price was propelled by a broader bullish trend across the cryptocurrency market, along with increasing demand for Solana's Layer 1 (L1) blockchain network.

Hedera and Ripple were also top performers, each gaining 6%.

Top–performing layer 1 crypto networks Solana ($SOL) and Sui ($SUI) are potentially ready to move higher, despite a period of increased volatility.

Historically, a surge in short-term holdings as this holds great significance in that it usually marks a turning point in the market.

TL;DR Solana's DEX ecosystem achieved over $5 billion in daily trading volume for three consecutive days, highlighting its growing prominence in the DeFi space. Raydium and Orca were significant drivers, with Raydium accounting for 62% and Orca 22% of the total trading volume.

Story Highlights Popcat (SOL) price achieves a new ATH today! Floki memecoin is less than 30% away from achieving a new all-time high. Technical sentiments record extreme greed. With a surge of 31.07% in its 24-hour trading volume to $75.3 billion, the memecoin category has added 16.47% to its valuation during this period.

The Solana blockchain network has been making tremendous strides and is on its way to catching up with Ethereum. Based on hedge fund Syncracy Capital's recent findings, the market share and the valuation of Solana have increased in a short period, going as far as an estimate placing the network at 33% of the worth of Ethereum.

Robinhood lists XRP, SOL, ADA, and PEPE, expanding crypto offerings to U.S. customers amid a shifting regulatory landscape.

Solana eyes a new record high by November's end, driven by a descending triangle breakout, pro-crypto policies, and a bullish setup against Bitcoin.

Achieving its previous ATH would push DOGE's market cap to around $108 billion, surpassing SOL and BNB's current valuations.

With 2024 coming to a close, CoinGecko has released its roundup of the most popular blockchain ecosystems of 2024.

Interesting and unexpected narratives continue to rule the crypto market and influence asset prices on it when, amid a new wave of meme mania, market old-timer Litecoin (LTC) announced that it too is identifying itself as a meme cryptocurrency given current market conditions.