Solana's price has recently taken a hit, dropping by 17% from its highest point this year. This decline has raised concerns among investors who are wondering whether the cryptocurrency can recover or if further losses are ahead.

Solana (SOL), the world's fourth biggest cryptocurrency by market cap, is poised to continue its upside momentum as on-chain metrics shift in whale favors. After a sharp price decline, SOL found support at $205.5 and resumed its upside momentum. It is poised to continue its upside momentum in the coming day.

A higher low, a crucial reversal signal that might pave the way for fresh bullish momentum, is being hinted at by the price action of XRP. When XRP was unable to break above the $2.80 resistance level, a critical area that signaled the end of its recent rally, it entered correction mode on Dec. 3.

When the financial history books are written, 2024 is sure to be recorded as a banner year for the burgeoning crypto industry. Market-boosting catalysts, from the introduction of spot exchange-traded funds (ETFs) to a presidential election that delivered a crypto-friendly administration to the White House, seemed to occur every few weeks.

More all-time highs for bitcoin, solana and ether? Continuing inflows for ETFs?

Max Resnick, a reputable Ethereum expert, has taken a bold shift to the Solana blockchain. The change follows his departure from Consensys, where he played an important role in advancing Ethereum's ecosystem.

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Pudgy Penguin or a Bitcoin? Both are worth more than $100,000 now with the NFT project surging as traders jockey for airdrop allocations.

Bitcoin's rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

Solana defended March highs, but is likely to consolidate under $230.

On the back of mass market-wide liquidations, the bulls appear to be vying to determine Solana's next move in approach of a new all-time high. The post Solana Poised for $295 Surge After Correction – Are the Bulls Ready to Take Control? appeared first on Cryptonews.

Traders' anticipation of a SOL ETF approval and a $750 price target from Bitwise are fueling traders' optimism in Solana.

The Bitcoin price has acquired a 6-digit figure and achieved the $100K milestone, which was predicted well before the 2021 bull run. Meanwhile, most of the tokens within the top 10 cryptos, like ETH, XRP, ADA, & DOGE, are yet to mark a new ATH.

A key technical indicator seemingly suggests that the price of Solana, the fifth-largest cryptocurrency by market capitalization, could see an exponential rise otherwise the $4,000 mark in the future.

Solana-based memecoin Peanut the Squirrel (PNUT) saw a sharp 20% price increase after Coinbase revealed plans to add it to its listing roadmap. PNUT's market cap climbed to $1.34 billion, overtaking other notable meme coins such as POPCAT and MOG COIN.

Solana (SOL) is currently navigating a pivotal consolidation phase, which could be setting the stage for a major price rally. Despite a recent pullback, there are growing signs that SOL is primed for an upward movement, with traders increasingly placing long positions and fueling optimism around its future price potential.

With the New Year barely twenty days away, Tom Dunleavy, a popular crypto analyst, has predicted the possible outlook of Bitcoin (BTC), Ethereum (ETH) and Solana (SOL) in the first year of Donald Trump's presidency. From his predictions, all three cryptocurrencies will bag more than 150% increase in the coming year.

Raydium, the largest automated market maker (AMM) on Solana, managed to overtake Uniswap as the top platform by monthly trading volume.

Max Resnick, a well-known blockchain researcher previously associated with ConsenSys, has announced his entry into Anza, the research and development center focused on Solana. This strategic move marks a significant moment for the Solana (SOL) protocol, which continues to gain traction in the high-performance blockchain landscape.

Solana's (SOL) technical setup is hinting at a potential 1,600% rally for the decentralized finance (DeFi) asset amid a push to reclaim the $250 resistance level.

PNUT meme coin surges 20% as Coinbase plans listing; trading volume hits $1.5 billion. The post Solana meme coin $PNUT surges 20% on Coinbase listing news appeared first on Crypto Briefing.

Major crypto exchange Coinbase has announced the addition of three crypto assets to its platform, with a particular focus on the Ethereum and Solana networks. These listings include Magic Eden (ME), Turbo (TURBO) and Gigachad (GIGA), each bringing unique value to Coinbase users.

Solana has entered 2024 with renewed momentum. After the FTX collapse in late 2022, the blockchain faced doubts due to its close ties with the exchange and Alameda Research.

The broader crypto market recently suffered a short-term setback, losing its upward momentum. Top cryptocurrencies, including Solana (SOL), were not left out of the volatility.

Bitcoin rose back above $100,000 per coin Wednesday after U.S. inflation data matched expectations, with other top coins also popping.

Binance Labs, the venture capital and incubation arm of Binance, has invested in Perena, a stablecoin infrastructure protocol on Solana. In an announcement on Dec. 11, Binance Labs revealed it had participated in the pre-seed funding round of Quine Co.

One of the better-performing cryptocurrencies in 2024 has, perhaps unexpectedly, been Raydium (RAY). Apart from two notable instances where sharp moves to the upside were seen in March and July, the asset has been subject to range-bound price movements for most of 2024.

More controversy looms over Solana's (SOL) decentralized finance (DeFi) as the crypto community discusses Maximum Extractable Value (MEV) tactics.

With Solana breaking past one of its key support levels of $222, investors and analysts anticipate a major rally. How likely is it for a Solana price rally and how soon?

The Solana price is currently in a massive supply zone after recent declines in the past 48 hours that cut across the entire crypto landscape. Notably, technical analysis suggests that the Solana price is on the way to a massive breakout that would see both its price and market cap surge by over 1,700% in the near future.

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Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.

Solana price staged a strong recovery after dropping to a low of $204 on Dec. 11, with signs pointing to a more sustained rebound. Solana (SOL) rose to $227, bringing its market cap to over $107 billion.

If you've been looking to trade one cryptocurrency for the other, this new addition is a game-changer. Thanks to a partnership with Changelly, you can now use Xverse's web app to seamlessly make Solana to Bitcoin swaps.

The crypto market is recovering on Wednesday after two down days that wiped nearly $400 billion from the combined crypto market cap. The fastest of the larger altcoins to plough higher is Solana.

Bitwise Investments has outlined an ambitious outlook for 2025, predicting Bitcoin (CRYPTO: BTC) will surpass $200,000 while Solana (CRYPTO: SOL) emerges as a major player in decentralized finance (DeFi) and meme coin ecosystems. What Happened: These forecasts, among other bold predictions, underscore the continued evolution and mainstream adoption of cryptocurrencies.

Solana price has been on a downtrend since its record highs. Does a 5 percent daily gain a return above USD 220 signal reversal?

Solana has faced a sharp 23% correction since reaching new all-time highs nearly three weeks ago. This pullback, though significant, reflects broader market conditions as Bitcoin and altcoins enter a phase of indecision.

Solana price, a Layer 1 blockchain, has showcased exceptional growth, becoming a standout performer in the cryptocurrency market. Since early November, SOL has gained significant momentum, breaking key resistance levels amid a wider crypto rally.

TL;DR Raydium has emerged as a dominant force, consistently outperforming Uniswap in monthly trading volume and capturing a significant share of the market. In November 2024, Raydium processed approximately $124.6 billion in trading volume, surpassing Uniswap's $90.5 billion, largely due to its strong presence within the Solana ecosystem.

Marinade proposed taking a “balanced” approach by mitigating harmful MEV as it acknowledges difficulty in eliminating MEV on Solana.

Solana's price has stabilized above $200 following a correction from $263, maintaining a market cap above $103 billion while facing immediate resistance at $220.

Bitwise predicts record valuations for Bitcoin ($200,000-$500,000), Ethereum ($7,000), and Solana ($750) by 2025, driven by institutional adoption, ETF success, and improved regulatory conditions.

The rise of AI-driven meme coins, a $400 billion stablecoin market cap, and crypto IPOs will mark 2025's turning point.

Solana (SOL) has seen its rally slow down in the last few days, dropping 23% from its new all-time high (ATH) and over 8% in the past day. Some investors worry about the Altcoin's short-term performance as the crypto market pulls back.

Solana's price has faced significant volatility recently, dipping to a multi-week low as investor sentiment continues to falter.

In a recent report, crypto exchange-traded fund (ETF) issuer and asset manager Bitwise unveiled bold predictions for Bitcoin and the broader cryptocurrency market by 2025, highlighting the significant performance of major cryptocurrencies throughout this year. A Stellar Year For Bitcoin And Major Cryptos Bitcoin reached an all-time high of $104,000 at the start of the month, marking a staggering increase of 141.72% year-to-date, driven largely by the historic launch of spot Bitcoin ETFs in the United States, which amassed $33.56 billion in assets.