An analyst who accurately called the 2022 crypto meltdown is warning that Bitcoin (BTC) and Solana (SOL) are likely to print new lows this year.
Cryptocurrencies will likely be volatile this week once President Donald Trump's reciprocal tariffs go into effect and the U.S. publishes nonfarm payroll data. The week started on a dull note, with most coins remaining in a bear market.
Solana (SOL) has dropped over 6% in the past seven days and has been trading below $150 since March 6. The current trend shows clear bearish signals across multiple indicators.
The price of Avalanche (AVAX) has been fluctuating since the end of its downtrend on March 10.
The Nasdaq exchange filed a formal request with the U.S. Securities and Exchange Commission seeking permission to list and trade shares of Grayscale's spot Avalanche (AVAX) exchange-traded fund (ETF).
Solana Price Prediction: March was a rough ride for Solana, with a sharp correction and a dip below $130. But as April begins, there are signs of a possible turnaround.
Solana is experiencing an unprecedented surge in activity: 11.12 million active addresses. In a crypto market where actual usage now takes precedence over promises, this figure marks the return of a network that some said was losing momentum, now propelled by visible, measurable, and concrete adoption.
Solana is at a crucial turning point, battling resistance at $127.
Economic uncertainties continue to weigh on the crypto market, with fear being the prevalent emotion among enthusiasts. Even so, optimism over a trend reversal has the likes of Solana finding their footing. At the same time, internal shortcomings are further weighing on Ethereum price.
Under the March rain, Solana bends its back. But the stars whisper of a bullish spring.
The whale's massive transaction raises concerns, but Solana's network growth may provide long-term support.
Digital asset management giant Grayscale hopes to launch an Avalanche (AVAX) exchange-traded fund (ETF) in the US. The Nasdaq Stock Market submitted a proposal this week to the U.S.
Assessing the odds of SOL reclaiming the fifth largest position from BNB.
“I'm knee-deep in lawyer bills,” former wildlife park owner Joe Exotic told Decrypt from prison this week.
Solana price crashed for two straight days as the ongoing crypto market sell-off hit its meme coin ecosystem. Solana (SOL) dropped to $127 on Saturday, down by 15% from its highest point this week.
Bullish catalysts rejuvenate prospects for Cardano (ADA) and Solana (SOL) as upward momentum continues. Since upgrading its platform with smart contracts like Plutus, Cardano's ecosystem has continued to grow, drawing developers to its blockchain. Solana, backed by mania in meme coins and upward social sentiment, is targets a 96% advance.
Solana price is on the verge of a 50% decline toward $60 if it breaks down below an ascending triangle pattern and confirms a full bearish reversal. Whales appear to be preparing themselves for this decline as on-chain data reveals that these large addresses are selling SOL.
Solana (SOL) is currently holding above the $125 mark, a level that has acted as support in recent weeks. While this may appear a sign of strength, the broader sentiment around SOL remains cautious.
AVAX may be in line for more gains in the short term.
Nasdaq's filing for Grayscale's Avalanche (AVAX) ETF highlights growing institutional interest in altcoin investment products, signaling a shift toward broader crypto adoption and accessibility in traditional financial markets. The post Nasdaq Files 19b-4 for Grayscale Avalanche (AVAX) ETF Listing appeared first on Cryptonews.
SOL's social sentiment is soaring on BlackRock and GameStop news, but price action signals caution. What's next for Solana?
The crypto market was volatile this week as investors tried to make sense of the current economic environment and risk tolerance of the market. Tariffs were announced for the auto industry, which a few weeks ago may have crushed the market, but overall the news was met with a bit of a shrug.
Nasdaq has submitted a 19b-4 filing to the US Securities and Exchange Commission (SEC), proposing to list a spot Avalanche ETF managed by Grayscale Investments. This filing underscores the surging interest in regulated crypto investment vehicles, extending beyond the realm of Bitcoin (BTC) and Ethereum (ETH).
Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected.Traders are divided about Bitcoin's price trajectory in 2025.
Solana has dived by 5% in the past 24 hours, with its drop to $131 coming as the cryptocurrency market responds to tariff woes by also falling by 5% today. The post Is Solana's Bull Run Already Over? $150 Resistance Refuses to Break appeared first on Cryptonews.
Grayscale is the next issuer to file a 19b-4 form for an Avalanche (AVAX) ETF. The filing enters a 90-day review period with the SEC.
The application comes as issuers aim to launch funds tracking a range of altcoins.
TL;DR Gelato has integrated its blockchain-as-a-service on Avalanche to facilitate the deployment of sovereign networks for institutions. The solution reduces costs and deployment times with interoperability through Avalanche InterChain Messaging. Companies like Kraken, Animoca Brands, Fox News, and eBay have already used Gelato's technology for blockchain solutions.
Avalanche e Gelato have introduced a new solution blockchain-as-a-service designed for financial institutions, public entities, and companies that wish to create customizable, interoperable, and highly reliable blockchain networks. The system drastically simplifies the creation and management of new Layer-1 networks, serving as a strategic infrastructure to support the adoption of blockchain technology by institutional players.
The global electronic stock exchange and marketplace Nasdaq has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to list Grayscale Avalanche Trust (AVAX), a spot ETF tracking the Avalanche blockchain's native token, marking a pivotal step toward expanding crypto-based exchange-traded products (ETPs).
TL;DR Nasdaq requested SEC approval for an Avalanche (AVAX) ETF managed by Grayscale, converting its trust into a regulated investment product. VanEck also filed for an AVAX ETF, reflecting the growing institutional interest in regulated crypto investments.
Nasdaq has submitted an official request to the Securities and Exchange Commission (SEC) to list the Grayscale AVAX Trust as a spot ETF. The objective of the proposal is to transform the closed-end fund AVAX, active since August 2024, into an exchange-traded and fully regulated fund.
Grayscale Investments is moving forward with its efforts to introduce a spot Avalanche exchange-traded fund (ETF) product to the market. On March 27, Nasdaq applied to list and trade the Grayscale Avalanche Trust shares as an exchange-traded fund with the US Securities and Exchange Commission (SEC).
Analyst and trader Ali Martinez is leaning bearish on Solana (SOL) as the sixth-largest crypto asset by market cap lies about 53% below the all-time high recorded in January.
Solana (SOL) has gone down by 5% in the past 24 hours to stand at $130.83 after rejecting a move above a key resistance a couple of days ago.
According to a recent analysis, the AVAX price is eyeing a rebound to as high as $44. This comes just as asset manager Grayscale files to offer an Avalanche ETF, which will list and trade on the Nasdaq exchange.
Nasdaq has filed a 19b-4 form with the U.S. Securities and Exchange Commission to list and trade shares of Grayscale's proposed spot Avalanche exchange-traded fund.
Blockchain developer platform Gelato is launching a new blockchain-as-a-service solution on Avalanche to meet the growing demand for sovereign blockchain infrastructure during a crucial “tipping point” for institutional adoption.Gelato, which previously developed blockchain solutions for companies such as Kraken and Animoca Brands, unveiled the new upgrade that aims to let developers deploy fully sovereign chains faster and cheaper with full interoperability via Avalanche InterChain Messaging (ICM). Gelato emphasized that its service is ideal for advanced applications such as financial technology (fintech) requiring identity verification (KYC) and specialized gaming economies, according to a March 28 announcement shared exclusively with Cointelegraph.
Ethereum price fell below $2,000 on Thursday, March 28, as the crypto market reeled amid intense volatility and bearish pressure. This decline has shifted the attention of traders from ETH to Ethereum rivals that can record significant gains in price.
Grayscale follows VanEck in seeking the SEC's approval to launch an Avalanche ETF alongside a slew of recent crypto fund proposals.
If approved, the ETF would provide investors with a path to access AVAX through conventional brokerage accounts.
Two weeks ago, Solana validators voted down SIMD-0228, a proposal that would have significantly cut network inflation. Still, core Solana stakeholders seem interested in cutting inflation at some point, a prospect that would hurt the bottom line for validators.
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Solana (SOL) may face a decline to $105 if it loses its key support level at $125, according to technical analysis.
A TRUMP crypto whale extended its overall losses to over $15 million as the PolitiFi token crashed roughly 10% this Friday. On-chain metrics indicated that the whale recently sold 743,947 tokens, worth almost $8 million, amid an ongoing price slump.
Solana, the sixth biggest cryptocurrency in the market, has been continuously disappointing its holders with its price dips. Despite its potential to create ATHs like $294.33, the token trades at $130.70 amid crypto market downturns.
The approval could enhance mainstream adoption of crypto investments, offering diversified exposure and potentially stabilizing AVAX's market presence. The post Nasdaq seeks SEC approval to list Grayscale's spot Avalanche ETF appeared first on Crypto Briefing.
The crypto market is back in bearish territory after major cryptocurrencies registered a notable decline over the past 24 hours. As a result, the crypto market cap is down 1.20% and currently sits at $2.83 trillion.