Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
SOL
Solana Announces Incentives for Validators as SOL Whales Rush to Invest in Algotech (ALGT) Final Round
The post Solana Announces Incentives for Validators as SOL Whales Rush to Invest in Algotech (ALGT) Final Round appeared first on Coinpedia Fintech News Recent events involving established network, such as Solana and the new project Algotech, highlight how quickly the cryptocurrency world changes. Solana faces questions about incentives and long-term success, while Algotech excites investors with promises of fresh ideas and shaking up the industry. This contrast between experienced players and ambitious newcomers shows the unpredictability of the crypto…
1 year ago
Solana (SOL) and Arbitrum (ARB) Holders Explore 3000% Potential With Rollblock (RBLK) Revenue Share Model
In the crypto ecosystem, investors are constantly looking for promising projects with the potential for substantial portfolio returns. Among these contenders catching the attention of Solana (SOL) and Arbitrum (ARB) holders is Rollblock (RBLK), a top cryptocurrency in the presale market offering a unique revenue share model that promises lucrative opportunities, including a 3000% ROI post launch. Solana Token: Rebounding from Weekly Dip, Can It Maintain Momentum? Solana (SOL) is an expanding blockchain network that utilizes $SOL as its native…
1 year ago
Trader Sells Shiba Inu (SHIB) for $4,000,000 Profit, Accumulating Solana (SOL) Alternative That Recently Skyrocketed to Top 100 Cryptos
The world of cryptocurrency trading is filled with stories of remarkable gains and strategic pivots. One such story involves a trader who recently sold their Shiba Inu (SHIB) holdings for a staggering $4,000,000 profit and shifted their focus to an emerging star: Retik Finance (RETIK). This new contender has rapidly climbed into the top 100 cryptocurrencies, capturing the attention of investors and analysts alike. Let's delve into the details of this strategic move and explore the potential of this rising…
1 year ago
Solana (SOL) Eyes a Strong Comeback: Will the Rally Ignite a Surge?
Solana found support near the $160 zone. SOL price is slowly rising and might gain bullish momentum if it clears the $172 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $164 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could…
1 year ago
The Next Big Crypto Moves: What Do Analysts Think Of Solana (SOL), KangaMoon (KANG) and Binance Coin (BNB)?
With an imminent bull run, investors are perpetually seeking the "next big thing," and Solana (SOL), KangaMoon (KANG) and Binance Coin (BNB) are at the forefront of this pick. KangaMoon (KANG) specifically is analysts top choice as the platform shook the meme coin market having already raised nearly $7 million in presale funding with plans to raise over $7.5 million before the end of May 2024. Solana Token Maintains Momentum in Highly Competitive Market Solana (SOL) has garnered significant attention…
1 year ago
ETFSwap’s $500 Million Goal Draws In Ethereum (ETH) And Solana (SOL) Investors
The ETFSwap (ETFS) platform has seen a surge in popularity as investors seek innovative platforms that can integrate traditional finance products into the digital asset ecosystem. With a $500 million goal, investors from Ethereum (ETH) and Solana (SOL) are shifting towards ETFSwap (ETFS) as they could earn more from merely staking their tokens. Why Investors Are Choosing ETFSwap (ETFS) ETFSwap’s comprehensive web3 marketplace caters to investors of all backgrounds, from seasoned crypto experts to those new to the space. Experienced…
1 year ago
Solana (SOL) Poised to Reach $1,000 Amid Ethereum ETF Optimism: Analyst
Analysts predict Solana could reach $200 soon, with some speculating a rise to $1,000. Regulatory challenges include the SEC’s classification of Solana as a security and the absence of a futures market. Recent developments surrounding Ethereum exchange-traded funds (ETFs) have had a positive ripple effect on the cryptocurrency market, with Solana (SOL) emerging as a notable beneficiary. With Ethereum’s ETF approval by the SEC, Solana’s price action demonstrates resilience and potential for significant growth. Crypto enthusiast Borovik forecasts that Solana…
1 year ago
Solana Struggles Amid Intense Bearish Pressure at Resistance Lines: What’s Next for SOL Price
The post Solana Struggles Amid Intense Bearish Pressure at Resistance Lines: What’s Next for SOL Price appeared first on Coinpedia Fintech News Solana price has been declining steeply following the SEC’s approval of spot Ethereum ETFs. For example, the SOL/ETH pair, which is closely monitored, has dropped by 16.8% since May 17 following the U.S. Securities and Exchange Commission’s (SEC) request for Ether ETF applicants to revise their 19b-4 filings. Additionally, there’s a decline in activity in the SOL ecosystem,…
1 year ago
First Bitcoin ETF, Now Ethereum ETF, Whose Next SOL, XRP?
The post First Bitcoin ETF, Now Ethereum ETF, Whose Next SOL, XRP? appeared first on Coinpedia Fintech News On January 11, the U.S. Securities and Exchange Commission (SEC) approved the first Spot Bitcoin ETF. Four months later, the SEC approved another spot ETF, this time for Ethereum. This highlights the SEC’s evolving stance toward crypto adoption. Meanwhile, Crypto analysts at Standard Chartered weighed in on the potential ETF launch for other altcoins. Solana & XRP ETFs On The Line With…
1 year ago