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news-imageDecember 2, 2024

Solana's Market Position Slips as XRP Climbs Above SOL's $108 Billion Cap

Solana (SOL) has experienced notable price fluctuations recently, reaching an all-time high (ATH) of $264 before undergoing a significant decline. This pullback raised concerns about potential corrections.
Publisher: BeInCrypto
Sentiment: Negative
SOL
XRP

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Positive
cover-imageThe Currency Analytics
December 4, 2024

XRP Needs 200% Rally to Flip Ethereum and Reclaim 2nd Spot

XRP, once considered a lagging altcoin, has recently shown impressive growth, surpassing its 2021 price peak and reclaiming the $100 billion market cap. As of December 2024, XRP is positioning itself to challenge Ethereum for the coveted second spot in the cryptocurrency market by capitalization, a position it held briefly during 2017 and 2018 before the SEC lawsuit against Ripple.

Negative
cover-imageCoinPedia
December 4, 2024

Pump.fun Developers Sell $200M SOL Amid $278M Revenue Milestone

The Solana (SOL) network has grown to a top-tier layer one (L1) blockchain majorly bolstered by the memecoins launched in the past year. Solana's memecoin market cap has scaled to over $20 billion and a daily average traded volume of over $8 billion, led by dogwifhat (WIF), and Bonk (BONK), among others.

Positive
cover-imageCoinPedia
December 4, 2024

Solana Price Prediction For December 4

Solana (SOL) is currently up by more than three percent and is trading close to the $240 levels. The recent price increase comes after Grayscale Investments filed with the SEC to convert its Grayscale Solana Trust into a spot ETF.

Positive
cover-imageCoinPedia
December 4, 2024

Grayscale Files for Spot Solana ETF, SOL Price Spikes

The cryptocurrency market appears super interesting due to ongoing developments in the industry. Today, December 4, 2024, the giant asset manager Grayscale Investments has officially filed for a Solana Exchange-Traded Fund (ETF) with the New York Stock Exchange (NYSE).

Positive
cover-imageBitcoin
December 4, 2024

XRP's Wild Ride: 354% Gains in 3 Months Despite Recent Dip

On Tuesday, Dec. 3, XRP, the native crypto asset of the XRP Ledger (XRPL), is priced at $2.54 per coin, reflecting a 4.9% drop over the past day. Despite this dip, XRP has shown an impressive performance, gaining 81% this week and soaring 354.62% over the past three months.

Positive
cover-imageThe Daily Hodl
December 3, 2024

XRP Ledger Developers Make Changes to Blockchain Amid Sudden XRP Mania

Developers working on the XRP Ledger have agreed on major changes to the XRPL in response to the blockchain's recent surge in popularity. According to developer WietseWind on the social media platform X, XRPL Labs changed the configuration of its validator last month to lower fees and reserve requirements in anticipation of rising activity on-chain.

Positive
cover-imageCryptopolitan
December 3, 2024

Grayscale Files for Solana ETF

Grayscale Investments has filed to list a spot Solana (SOL) ETF on the New York Stock Exchange, joining a major growing firm that is seeking to launch Solana ETFs in the U.S. This filing sent Solana's price surging by $10 immediately.

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