Grayscale has filed with the SEC to convert its Solana Trust into a spot ETF. Competitors like 21Shares and VanEck are also vying for spot Solana ETFs.

Solana is gaining momentum, bouncing back from the $215 level. With its price climbing steadily, SOL could soon challenge the $240 and $250 resistance zones.

Tron (TRX) surged 100% to a record high but faces correction risks as overleveraged trading and overbought RSI hint at a potential 15-25% pullback.

XRP has witnessed a spectacular price surge, reaching $2.74 and experiencing a 44.7% increase in just 24 hours. This surge pushed XRP's market capitalization to $156.3 billion, making it one of the most significant cryptocurrencies in the market as of December 3, 2024.

PEPE is currently the 28th-largest cryptocurrency.

In the past 24 hours, the cryptocurrency market experienced a significant wave of liquidations, totaling more than $588 million.

Grayscale files for Solana ETF on NYSE, following Bitcoin ETF options approval.

XRP has seen a massive surge in value, increasing by over 439% in the past month and 86% in the last week to reach $2.70, its highest level since 2018.

After the historic approval of spot Bitcoin ETFs, the crypto market may soon welcome a new major investment product. WisdomTree, Bitwise, and Canary Capital have filed applications to launch a spot XRP ETF, as Ripple's native token has seen a spectacular rise of over 400% in the past month.

Former Goldman Sachs executive Raoul Pal is leaning bullish on the flagship memecoin amid the rise of XRP by more than 5x over the past 30 days. Pal tells his 1.

TRX exploded to over $0.4 earlier today.

XRPL definitely is an ecosystem with tremendous potential. In a short span of time, it has emerged as a synonym for speed, efficiency and reliability. Right now, the talk of the town is the two key attractions of this ecosystem: its Automated Market Maker feature and RLUSD stablecoin.

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.

XRP has emerged as one of the strongest performers in the ongoing crypto bull market, with its market cap hitting the $149 billion mark. It ended November with an impressive 283% gain, the biggest monthly surge in seven years, reaching a high of $2.9.

Supply pressure across exchanges remained low despite XRP new record high in December.

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.

Phantom has confirmed that it has not been affected by a vulnerability discovered in the Solana library, i.e. Solana/web3.js.

Grayscale Investments has filed with the SEC to launch a spot Solana ETF, aiming to convert its existing Solana Trust into a publicly traded fund on the NYSE.

Solana started a fresh increase from the $215 zone. SOL price is rising and might aim for a move above the $240 and $250 resistance levels.

Data shows social media users aren't euphoric towards Bitcoin, XRP, and other top cryptocurrencies despite the market-wide surge, a sign that could be bullish for their prices. Positive Sentiment Vs.

Crypto trades surged to $18 billion in 24 hours, driven by altcoins like XRP and DOGE, surpassing the stock market's $14 billion performance.

XRP price saw a couple of swing moves from the $2.85 resistance. The price is consolidating near $2.50 and might aim for more gains above the $2.65 level.

As we step into December 2024, altcoin season is in full throttle. The Altcoin Season Index hitting an all-time high of 88/100 signals a massive shift in focus to alts, and Solana is once again in the spotlight.

President-elect Donald Trump has chosen Paul Atkins, a pro-crypto figure, to chair the Securities and Exchange Commission (SEC), according to reports by Unchained. Current SEC Chair Gary Gensler announced he will step down on January 20 when Trump is inaugurated. Atkins, who served as an SEC commissioner under President George W.

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.

Recent Price Volatility Driven by Whale Trading XRP has experienced significant price swings recently, primarily due to large investors, known as whales. Over the weekend, these whales purchased approximately 160 million XRP, valued at around $380 million, which contributed to a recent price surge.

Solana (SOL) price has resumed selling pressure after reaching the overhead resistance level of $260.

Ripple is preparing to launch a new stablecoin, RLUSD, which is expected to be backed by the U.S. dollar. This new token is anticipated to receive regulatory approval from the New York Department of Financial Services (NYDFS) soon.

Solana ETF is gaining more support to be released in the United States after Grayscale, following others' moves to be proposed to the commission.

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).

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.

If you're a crypto holder, a keen market observer, or just reading the headlines lately, you'll know that a few cryptocurrencies are making waves. In addition to Bitcoin, which is currently teasing the $100k level, Ripple's XRP is creating a price surge: the altcoin is enjoying a solid 107% gain in the last week, data from Coingecko shows.

Ripple's XRP is down by more than five percent at the time of writing and is trading at $2.56 levels. The price hit a range high of $2.82 before hitting a reverse.

XRP fell to $2.27 as South Korea's martial law announcement rattled markets, but price recovery highlights robust investor demand.

XRP's 400% rally in the past month has ignited a wave of growth for meme coins within the Ripple ecosystem.

XRP trading has surged dramatically, with Falconx, an institutional digital asset prime broker, reporting a tenfold increase in volumes during Q4, driven by institutional investors. Austin Reid, global head of revenue and business at Falconx, stated: “XRP trading is on fire.

Investments and innovation: Grayscale's strategy in the crypto market.

The recent surge in XRP's price has driven it to levels not seen in years. A possible reversal candle on the daily chart, however, suggests that the trend might be slowing down.

Whale activity for the native token of the XRP Ledger, XRP, has hit a new all-time high after the token's price exploded upward over the past month, allowing the cryptocurrency to become the third-largest digital asset by market capitalization.

The New York Stock Exchange filed an application with the SEC to create an ETF based on Grayscale's Solana Trust. This filing joins several other Solana and XRP ETF applications in recent days.

Tether (USDT), the world's largest stablecoin by market capitalization, has seen a massive surge in its minting activities, with a total of $16 billion in new USDT minted since November 6, 2024. This latest round of issuance includes a $1 billion mint on both the Ethereum and Tron blockchains, marking the continuation of Tether's aggressive expansion strategy.

Grayscale Investments has taken another step to expand its footprint in the digital asset market, filing with the US Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust into a spot exchange-traded fund (ETF).

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.

XRP, the digital currency once known for its utility in global payments, is experiencing an impressive surge, not just in price, but in network growth. The cryptocurrency has recently added over 22,000 new wallets to its network in just one day, signaling a rise in investor interest and increasing use of the XRP Ledger.

Crypto-based spot ETFs have gained traction in recent months amid a shift in regulators' attitudes toward digital assets in the U.S.

Grayscale Investments has filed a 19b-4 with the SEC to convert its Solana Trust into a spot ETF. With $134M under management, GSOL could lead the way in a fiercely competitive crypto ETF market.

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.

Altcoin season index hit 82, indicating a strong alt season last seen in Q4 2023.