Cryptocurrencies are back in vogue. The entire industry's market cap sits just under $3.5 trillion (as of Jan. 28), with investors adopting a risk-on approach.
Amid the broader market relief rally attributed to the latest US Fed rate pause decision, crypto favorites like Solana (SOL) and Dogecoin (DOGE) have rebounded, with aggressive leverage activity among bulls traders, signaling growing conviction on further upside. Meanwhile, newer entrants like DTX Exchange (DTX) are emerging with significant growth potential.
The crypto market's underwhelming performance continues, although a bounce is anticipated in the coming days or weeks. Ethereum's (ETH) struggle below $4,000 persists, sparking concerns. On the bright side, the current price presents a good entry. Meanwhile, whales have been stockpiling Solana (SOL) and IntelMarkets (INTL), a low-cap AI crypto.
The Solana blockchain recently recorded a 73% increase in its stablecoin supply, reaching $11.1 billion, following the launch of the memecoin $Trump on January 18, 2025. The launch of this memecoin led to a significant increase in activity on the network, with over 200,000 new users joining the blockchain.
Solana price has experienced consolidation, recently bouncing to $241 before correcting to the $230 support level. Despite this, the altcoin is eyeing a $300 target.
SOL is down by 8% since last Saturday.
Solana (SOL) is currently navigating a period of consolidation, with its price hovering around $237.80, reflecting a slight 0.22% decrease in the past 24 hours. This stability follows a period of bullish momentum, leaving traders unsure of the next significant move.
After a strong rally to $280, Solana price is now consolidating around $232. Will it break resistance and surge higher, or is a pullback coming?
For the first time, Solana posted better monthly revenue stats than Ethereum. SOL, currently trading at $230, generated a revenue of over $116 million in the past month, compared to Ethereum's $107 million earnings.
Lido (LDO), a decentralized autonomous organization (DAO) that provides liquid staking solutions for Ethereum (ETH) and other proof-of-stake (PoS) blockchains, saw its token surge 20% in the past 24 hours. The token's price jumped from $1.98 on January 30 to $2.37 at the time of writing.
Lido DAO (LDO), a prominent player in the decentralized finance (DeFi) ecosystem known for its liquid staking solutions, is currently experiencing an exciting phase of price movement. After several weeks of struggling within a tight price range between $1.50 and $2.00, LDO has recently managed to break through this resistance, marking a shift in market sentiment that could lead to significant price gains.
An unprecedented stablecoin supply of 73% has occurred on the Solana blockchain since the middle of January. A new initiative that has captured the attention of the crypto community, the $TRUMP memecoin, was launched at the same time as this spike.
FXGuys raises $2.6M in presale, forecasted at $1. With staking, Trade2Earn, and trader-focused features, it outpaces Chainlink and Solana in DeFi.
On today's episode of CNBC Crypto World, bitcoin and Solana's SOL token rise in January after President Trump's crypto projects and policy moves drive investors into the crypto market. But hedge fund Elliott Management reportedly warns that Trump's crypto dealings could spell trouble for crypto in a downturn.
Solana price has experienced fluctuations, mirroring the broader crypto market's sideways movement. After reaching a recent high, SOL has seen notable volatility.
Chainlink (CRYPTO: LINK) has surged 23.4% over the past month, but technical analysts remain skeptical about the coin's short-term prospects. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Chainlink (CRYPTO: LINK) $25.48 $16.3 billion +2.7% -2.4% Avalanche (CRYPTO: AVAX) $35.54 $14.6 billion +3.2% -2.9% Stellar (CRYPTO: XLM) $0.4188 $12.8 billion -3.7% -4.9% Trader Notes: Crypto analyst Michael van de Poppe believes Chainlink will be crucial for banks integrating DeFi in the coming years.
Chainlink (LINK) has shown remarkable resilience amid market volatility, holding above key support levels while other assets experience sharp fluctuations. Despite uncertainty across the crypto space, LINK has surged over 12% since Wednesday, signaling strong bullish momentum and suggesting that the price is ready to continue climbing.
This coincided with the launch of Donald Trump's memecoin $TRUMP which caused a wave of inflows to the network
Coinbase moves to launch Solana futures, betting on institutional demand and growing interest in crypto derivatives.
Bitcoin bulls are chasing after new highs but investor actions in equities markets and sellers at the top of BTC's range are keeping a cap on price discovery.
The cryptocurrency market edged lower, with total market capitalization dropping 1.3% to $3.74 trillion amid continued volatility. As uncertainty grows, investors are increasingly turning to altcoins to diversify portfolios and capitalize on potential growth opportunities.
Solana has experienced exponential growth since it first entered the market as an alternative Layer-1 blockchain. Though the network's market capitalization is still significantly smaller than Ethereum, its top contender, this gap has shrunk considerably over the years.
Coinbase Derivatives seeks approval from the CFTC to introduce Solana and Hedera futures. The exchange expects to launch the contracts on February 18, 2025.
TL;DR The Solana-based ridesharing app shuts down due to the market's lack of readiness for a decentralized model. Despite lower fees and an innovative structure, the app failed to attract the necessary number of users and drivers.
Ethereum (ETH) joined Chainlink (LINK) as a top performer, gaining 3.2%.
The utility-based altcoins have gained significant traction in the recent past since the inauguration of pro-crypto US President Donald Trump.
In a poignant acknowledgement of market challenges, Teleport, the ridesharing app built on the Solana blockchain, has announced its closure. The company shared the announcement via its official website and X account, marking the end of an ambitious venture to integrate decentralized technologies into the everyday transport sector.
Errol Musk wants to use the coin to raise $200 million for a think tank—without his son's involvement.
Two cryptos could 10x your portfolio by May. XRP ETF speculation fuels Ripple's rise, while an AI blockchain platform disrupts the $347B trading market.
The crypto market is moving as speculators look for the next altcoin that can compete with Ripple (XRP) and Solana (SOL). One crypto that is gaining some major attention is the IntelMarkets (INTL). This is a presale star now in phase nine that has already surged 811%.
TL;DR Apollo and Securitize have launched a tokenized private credit fund, ACRED, providing institutional and accredited investors with access to Apollo's diversified global credit strategy. The fund operates on multiple blockchain networks, including Solana, Ethereum, and Avalanche, leveraging Wormhole's interoperability.
The crypto market has shifted from bearish to bullish in the second half of the week, improving overall conditions for altcoins. This shift in sentiment has driven strong gains for select assets fueled by rising demand.
Dive into a comprehensive technical analysis of Solana , examining critical price levels, market momentum, and ecosystem growth metrics as the asset consolidates near $237.
Coinbase, one of the leading cryptocurrency exchanges, has taken a significant step towards expanding its derivatives offerings by filing for self-certification to list Solana (SOL) futures contracts. This filing with the US Commodity Futures Trading Commission (CFTC) aims to introduce Solana futures contracts on Coinbase Derivatives, the company's subsidiary focused on futures trading.
The cryptocurrency market continues to show volatility, with meme coins experiencing significant price fluctuations. Dogecoin (DOGE) has seen a minor recovery after reaching a 2025 low earlier in the week, while several Solana-based meme coins have experienced substantial gains. This contrast highlights the shifting dynamics within the meme coin sector.
The crypto market slipped back into the red, with most cryptocurrencies trading lower. Bitcoin (BTC) is down nearly 1% over the past 24 hours, trading around $104,360.
When comparing the outcome of investing in the primary token of a major blockchain like Solana (SOL -2.39%) or investing in a silly meme coin like Shiba Inu (SHIB -0.32%), the results are often surprising. And for some investors, they might even be frustrating.
Solana's stablecoin supply has surged by 73% in just 15 days, driven by the launch of TRUMP and MELANIA meme coins.
Coinbase Derivatives has filed with the US Commodity Futures Trading Commission (CFTC) to list futures contracts for Solana (SOL) and Hedera (HBAR).
Coinbase has filed for self-certification to list Solana futures contracts on its subsidiary platform, Coinbase Derivatives. The Solana futures market is set to introduce contracts where the standard size is 100 SOL, equating to a value today of $23,700.
Chainlink (LINK) has announced the launch of its Chainlink DeFi Yield Index (CDY Index) aiming to streamline the analysis of decentralized finance (DeFi) lending rates by aggregating market-wide data. Following this announcement, the price of LINK saw an uptick, with the token trading at $24.91, marking a 2.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.
Solana-based ridesharing app Teleport shut down just eight months after it publicly launched its app, citing a lack of market readiness for decentralized ridesharing.
The crypto exchange aims to launch $25,000 SOL derivatives, betting on institutional appetite as the token's volatility soars.
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Solana (SOL) has been showing resilience in the market despite recent fluctuations. Trading at around $234, the cryptocurrency is maintaining a steady price after dipping to $225 earlier this week.
Solana (SOL) has generated significant buzz in the crypto space as one of the most promising blockchain platforms. Often touted as the “Ethereum killer,” it gained massive popularity during its peak, reaching an all-time high (ATH) of $295 on January 19, 2025.