Solana is bringing key changes to its validator delegation program, hoping to increase decentralization.
Solana price has rallied for three consecutive weeks as cryptocurrencies and meme coins in its ecosystem rebound. Solana (SOL) crossed the key resistance level at $150, surging by 60% from its lowest point this month.
As the battle for dominance between ETH and SOL intensifies, analysts are increasingly leaning toward Solana overtaking Ethereum not just in price, but also in scalability and real-world utility in the near future.
Immutable (IMX) is up 10% today after announcing a partnership with Ubisoft. The pair is releasing a new mobile game based on the “Might and Magic” series as part of Ubisoft's broader Web3 strategy.
SOL Strategies agreed with ATW Partners to issue a convertible note of up to $500M. The capital will exclusively be used for purchasing Solana coins, and staked to offer regular yields. Solana price will heavily benefit from the deal, especially after the recent bullish breakout. SOL Strategies Inc.
TL;DR Ubisoft announced Might & Magic: Fates, a strategy card game powered by Immutable's blockchain infrastructure, available on iOS and Android. The game allows players to collect, trade, and exchange unique digital cards, prioritizing strategy over luck.
Dogecoin (CRYPTO: DOGE) is up 7% on the day as a wave of whale activity and institutional interest boosts optimism for a major breakout. What Happened: Trader Tardigrade highlighted that DOGE/BTC has broken out of a descending trendline, suggesting DOGE may be preparing for a strong leg higher.
Crypto firm Galaxy Digital is executing an asset swap involving the native tokens of layer-1 blockchains Ethereum (ETH) and Solana (SOL), according to on-chain data. Data from blockchain tracking platform Lookonchain suggests that Galaxy Digital has, over the past two weeks, sold Ethereum worth tens of millions of dollars and purchased Solana.
SOL Strategies Inc. has secured a financing facility of up to $500 million through a convertible note agreement with ATW Partners, the company announced Wednesday.
Shiba Inu (CRYPTO: SHIB) is up 6%, with its soaring burn rate fueling speculation of a bullish trend ahead. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Shiba Inu (CRYPTO: SHIB) $0.00001371 $8.08 billion +6.4% +17.8% Dogecoin (CRYPTO: DOGE) $0.1844 $27.5 billion +11.5% +20.9% Pepe (CRYPTO: PEPE) $0.059231 $3.88 billion +11.8% +29.7% Trader Notes: Crypto trader AllInCrypto identified a falling wedge pattern on SHIB's chart, a formation often signalling an upcoming reversal.
The memecoin Shiba Inu (SHIB) is showing encouraging signs of recovery with an 8.6% growth over the past seven days. While Bitcoin continues to lead the bullish cryptocurrency market, SHIB is attempting to break through a major technical resistance that could determine its trajectory for the weeks to come.
Shiba Inu price is recovering and is up by 33% from its lowest point this month. This performance follows that of Bitcoin and most altcoins.
Dogecon continues to look toward a rebound despite the market sentiment. This has been strengthened by the increased market participation and rise in the Bitcoin price over this time.
The crypto market is gaining today amid reports that President Trump will reduce the tariffs levied against China. The China-US trade war was among the key factors that have fuelled turmoil across financial markets for the most part of this month, and with the increased likelihood that the two countries might arrive at a deal,
IMX climbed the crypto ladder and is currently the 81st-biggest digital asset.
Through the partnership Ubisoft and Immutable plan to launch the mobile title "Might and Magic Fates" early next year.
SOL Strategies secured a $500M convertible note facility to acquire SOL tokens and expand validator operations, with interest paid via staking yields, marking a major institutional staking move in the Solana ecosystem. The post SOL Strategies Secures $500M Convertible Note Facility to Boost SOL Purchases and Validator Growth appeared first on Cryptonews.
SOL Strategies has unveiled a convertible note facility of up to $500M, with a $20M opening tranche expected by May 1 2025. Proceeds purchase SOL that is staked on in-house validators, and note interest is paid in SOL at up to 85% of the staking yield generated. The post SOL Strategies Locks In Record $500M Note to Turbo-Charge SOL Staking Yield appeared first on Cryptonews.
The DeFi Development Corporation, a company listed on Nasdaq with the symbol JNVR and previously known as Janover, has announced a significant financial operation that further consolidates its position by investing in Solana. The company has indeed acquired 88,164 Solana tokens (SOL) for a total value of approximately 11.5 million dollars, thus bringing its total holdings to 251,842 SOL, equivalent to about 34.4 million dollars, also considering the accumulated staking rewards.
These last two days were definitely something to enjoy for the holders of popular meme-inspired cryptocurrency Shiba Inu (SHIB). With the crypto market feeling revival, thanks to Bitcoin (BTC), the price of SHIB soared by over 11%, printing massive green candles on its chart.
Solana surged 14% to $152, triggering $20M in short liquidations amid a market-wide rally fueled by bullish macroeconomic signals and institutional inflows, defying FTX token unlock pressures. The post $20M in Solana Shorts Wiped Out: SOL Price Surge to $152 Triggers Massive Liquidations appeared first on Cryptonews.
Gaming giant Ubisoft has partnered with Web3 firm Immutable to launch Might & Magic: Fates, a blockchain-powered strategy card game set in the Might & Magic universe.According to a press release shared with Cointelegraph, Might & Magic: Fates blends classic strategic gameplay with modern blockchain technology, offering players digital ownership through Immutable's Web3 infrastructure. The game will launch on iOS and Android.
The crypto market is surging along with the broader financial market after Treasury Secretary Scott Bessent stated during a closed-door meeting that the trade war between the US and China is unsustainable. Bitcoin (BTC) continued its upward trajectory, crossing $93,000, a key resistance level.
Bitcoin's (CRYPTO: BTC) climb to $94,250, up 6.5% during European trading hours on Wednesday, has ignited a rally across major altcoins, with Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), XRP (CRYPTO: XRP) and others posting double-digit gains. This surge points toward a broader market shift, where altcoins are poised for significant upside, driven by institutional adoption, regulatory clarity, and ecosystem innovation.
Solana price has been one of the top performers this week after bouncing from $134 to trade at $151 at press time. This rally has coincided with a surge in SOL meme coin prices, as their market cap surged by 23% in the last 24 hours to $8.7 billion.
Most major digital assets, such as Dogecoin, are experiencing notable positive movements again as the general crypto markets turn remarkably bullish. DOGE has risen to the $0.17 mark due to improving market conditions, and crypto analysts believe that the current upward movement might extend to higher levels in the short term.
Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, has spotted something interesting and possibly worrying. He compared the movement of Bitcoin (vs. gold) with Dogecoin and found that both are following nearly the same path. But this isn't just about matching charts. It could be a sign of a Bearish Run.
The crypto market rebound rally has lately gained steam, with the perpetual futures market seeing an even greater spike in open interest, indicating rising investor confidence.
Mike McGlone, a senior commodity strategist at Bloomberg Intelligence, has stressed his recent bearish forecasts for Bitcoin, adding Dogecoin to it as well this time.
The publicly traded firm formerly known as Janover, DeFi Development Corporation (Nasdaq: JNVR), has announced the purchase of 88,164 solana ( SOL) tokens, valued at approximately $11.5 million, bringing its total holdings to 251,842 SOL, worth around $34.4 million, including staking rewards.
As Bitcoin (BTC) passes $94,000, the altcoins are following. Layer 1 networks Ethereum (ETH), Solana (SOL), and Sui (SUI) are among the top altcoins starting to outperform the number one cryptocurrency.
Immutable X token rallied as high as 56% today, driven by buzz around a potential mega partnership and Bitcoin's strong upward momentum. According to data from crypto.
Dogecoin (DOGE) is at a decisive turning point. Indeed, far from its image as a mere "memecoin", it is facing a price zone that could seal its immediate future.
Here's why Brandt believe SOL investors could be up for more profits than ETH counterparts.
A Solana whale has realized $153 million in gains from a long-term staking strategy, while DeFi Development Corporation has expanded its SOL treasury to $34.4 million.
As Shiba Inu (SHIB 9.98%) approaches the fifth anniversary of its August 2020 launch, it stands as a surprising success story in the volatile cryptocurrency landscape. The project has grown into a multifaceted ecosystem, with a current market capitalization of around $7.2 billion, ranking Shiba Inu as the 16th-largest cryptocurrency.
Immutable (IMX) has emerged as the market's top gainer over the past 24 hours, rallying more than 40% as bullish sentiment strengthens across the crypto market.
Solana surges 17% weekly to $148.35 as ARK Invest buys $5.2M in SOLQ ETF, attracting institutional interest amid bullish technical signals.
Fartcoin has soared 18% in a single day, crossing the $1 billion market cap milestone and overtaking Bonk as Solana's top meme coin.
The cryptocurrency market is abuzz, with Immutable (IMX), the native token of gaming platform Immutable, is leading the charge with a jaw-dropping 44% price surge. It's a breakout that coincides with Bitcoin (BTC) surpassing $93,000 and a broader altcoin surge.
After 4 years of staking, a Solana Whale made a profit of over 153 million dollars, continuing to keep 1.19 million SOL in staking. This is according to Lookonchain, which reported the transaction of 100,000 SOL (equivalent to 13.9 million dollars) from the whale's address on Binance. The blockchain analysis company Lookonchain revealed the case of the Solana whale and its profits of 153 million dollars after 4 years of staking.
The entire crypto market turned green today, but there could be even more gains on the horizon.
Futures bets against higher crypto prices lost over $500 million in the past 24 hours as a surge higher, buoyed by a possible cooldown of China tariffs by the U.S., led to the largest short liquidations since October.
Ubisoft collaborates with Immutable (IMX) to launch 'Might and Magic Fates', enhancing the franchise with new gameplay mechanics and strategic elements. Set for a 2026 release, this marks a significant partnership.
Wormhole Governance calls for Solana delegates following the W token launch, aiming to enhance decentralization. Delegates will play a crucial role in the governance ecosystem.
The crypto market was a sea of green as Bitcoin and most altcoins continued their recent recovery. The market capitalization of all cryptocurrencies surged to over $2.93 trillion, a figure that may continue to grow this week.
A crypto whale just cashed out $13.9 million in SOL after four years of staking, but they're still holding onto over a million more tokens.
Solana (SOL) has confirmed a short-term rally, regaining the critical $140 level and signaling growing bullish momentum. Up 2.72% today, SOLs upward movement is reinforced by a key technical crossoverthe 26-day Exponential Moving Average (EMA) rising above the 50-day EMA.