Ethereum

Leon Waidmann, an on-chain analyst, reported that the economic profitability of Solana has surpassed Ethereum's for the first time ever. The report comes just after the altcoin hit a new milestone, as its daily economic value exceeded $2.2 million. Another project that has hit a significant milestone is KangaMoon (KANG). Ranked as one of the hottest new meme tokens, KangaMoon has announced a listing on one of the top centralized exchanges, Bitmart, setting the stage for a potential price rally.…

The post Exploring Crypto Market Dynamics: Shiba Inu, Ethereum, and Furrever Token appeared first on Coinpedia Fintech News During a week marked by shifts in the cryptocurrency realm, Ethereum soared past the $3,000 threshold, signalling robust bullish sentiment. In contrast, Shiba Inu, a prominent meme coin, grapples with recovery amid the recent market volatility. Amid these shifts, Furrever Token, a newcomer, achieves a notable milestone by securing $1.1 million in its presale within a mere three-month span. These varied occurrences…

The post Solana Eyes a New All-Time High, Ethereum Finally Breaks Over $3000, and Furrever Token Charms the Market with High ROI appeared first on Coinpedia Fintech News Amidst the dynamic realm of digital currencies, three prominent entities have seized considerable attention. Solana stands at the cusp of attaining a fresh all-time pinnacle, underscoring its potential for sustained ascension. Ethereum’s triumphant breach of the $3000 frontier signifies a momentous juncture for investors, heralding a trajectory towards even loftier accomplishments. Concurrently,…

The recent revelation of a big Ethereum whale's $12,000,000 ETH investment and bullish stance on Retik Finance (RETIK) has captured the attention of the crypto community. With plans to accumulate RETIK tokens at the launch on May 21, this whale's move underscores the growing excitement surrounding Retik Finance and its potential as a promising investment opportunity. Let us delve into the details of the Ethereum whale's investment strategy, the reasons behind their bullish outlook on RETIK, and the implications for…

The post Top Crypto Events to Watch Next Week: Binance vs. Nigeria, Decision on Ethereum ETF, and Crypto Bill appeared first on Coinpedia Fintech News As we approach the end of May, crypto traders are eagerly awaiting a new week filled with a series of potentially impactful macro events. From Binance’s trial in Nigeria to the FIT21 bill’s voting, these events might have a significant impact on the crypto market. These Events Might Decide Market’s Next Move In recent days,…

The meme coin market has witnessed massive rallies in the past few weeks with Solana-based meme coins leading the surge. This rally could be attributed to the massive interest in meme coins. While Bonk (BONK) and Dogwifhat (WIF) are among the top meme coins in the Solana blockchain, this new Ethereum-based memecoin is about to topple them. KangaMoon (KANG) is making a massive statement in the meme coin space as its listing across major exchanges draws nearer. With its unique…

The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings.  The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual Machine (EVM) protocols. Solana Emerges As The Undisputed Speed Champion According to the findings, Solana has proven to be the fastest among large blockchains, with…

Despite the ongoing pump in Bitcoin dominance, the altcoin industry is expected to register short-term relief after a two-month correction. The notable institutional demand in digital assets tokenization has helped layer one (L1) projects gain notable bullish traction. The total cryptocurrency market cap pumped nearly 6 percent in the past 24-hours to about $2.51 trillion on Thursday, May 16, 2024. The notable uptrend spike in Bitcoin (BTC), some altcoins, and meme coins has rejuvenated bullish sentiments.  Moreover, Bitcoin price has…

The post Crypto Highlights: Solana Surges 5%, Ethereum Eyes $5,000, and Furrever Token’s Astronomical ROI appeared first on Coinpedia Fintech News In a rapidly evolving digital asset landscape, Solana has demonstrated a remarkable surge of 5% within a single day, underscoring its appeal to those pursuing swift gains. Concurrently, Ethereum is on the brink of a significant milestone, with industry pundits anticipating a potential ascent to the $5,000 mark, solidifying its status as a cornerstone of the blockchain realm. Amidst…