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…
Solana
CBOE Pulls Down Solana ETF Filings By VanEck And 21Shares!
The post CBOE Pulls Down Solana ETF Filings By VanEck And 21Shares! appeared first on Coinpedia Fintech News The Chicago Board Options Exchange (CBOE) has pulled down the 19b-4 filings for Solana ETF submitted by VanEck and 21Shares from its website. VanEck filed a proposal in June, to launch a spot Solana ETF in the U.S., making it the first asset manager to do so in the region. 24 hours later, 21Shares followed suit, filing for Solana ETF with the…
10 months ago
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SolanaCan Solana Replicate Ethereum’s Run To Reach $1,000? Expert Answers
A crypto market expert has expressed bullish optimism for Solana (SOL), predicting that the cryptocurrency is currently on track to replicate Ethereum’s historical rise to new highs. As a result, the expert foresees SOL hitting new all-time highs of $1,000 this bullish cycle. Solana Sets Sights On $1,000 On August 12, a crypto analyst identified as ‘Kaleo’ on X (formerly Twitter) shared his optimistic expectations for Solana’s future outlook during this bull market. Kaleo observes that the Solana’s price chart…
10 months ago
3 Cryptocurrencies to Watch This Week: Solana, Shiba Inu, and MoonTaurus
This week, Solana (SOL), Shiba Inu (SHIB), and MoonTaurus (MNTR) are attracting significant investor attention. While Brazil makes strides with its first Solana ETF, Shiba Inu is testing a crucial support level, and MoonTaurus is winning investor confidence in its presale. Each of these cryptocurrencies offers a unique opportunity for investors, but MoonTaurus, in particular, is capturing notable interest with its current presale dynamics and market potential. Solana's (SOL) Progress in Brazil Brazil is advancing its crypto market with the…
10 months ago
Alert! Solana About to Crash – Traders Watch These Crucial Levels
The post Alert! Solana About to Crash – Traders Watch These Crucial Levels appeared first on Coinpedia Fintech News Solana (SOL), the world’s fifth-biggest cryptocurrency looks to crash as it has broken down a crucial bearish price action pattern. According to price action and technical analysis, SOL has recently experienced a breakdown of bearish head-and-shoulder price action patterns in a 4-hour time frame. Solana Price Prediction for August 2024 If SOL closes a 4-hour candle below $137.5, there is a…
10 months ago
Solana Price Manifesting a Diverse Trend—Is SOL Price Preparing for a 35% Rise This Month?
The post Solana Price Manifesting a Diverse Trend—Is SOL Price Preparing for a 35% Rise This Month? appeared first on Coinpedia Fintech News Solana is among the tokens that have held the trend in the long term which has kept the bullish possibility alive. The price, which faced the wrath of the FTX fiasco, has recovered and surged very close to its ATH. Regardless of the bearish actions, the SOL price held a strong ascending trend and as a result,…
10 months ago
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SolanaCan These 3 Cryptos Beat Solana? 100x Potential in the Next Bull Run!
The post Can These 3 Cryptos Beat Solana? 100x Potential in the Next Bull Run! appeared first on Coinpedia Fintech News Can some emerging cryptos outshine Solana and achieve explosive growth in the next market surge? This article explores three promising digital currencies poised for significant increases. With 100x potential gains on the horizon, discover which coins may dominate the next bull run and capture investor attention. Get ready to delve into the future stars of the crypto world. BlastUP…
10 months ago
ByBybit to Integrate PYUSD on Solana, Offering Opportunities for Retail and Institutional Investors
Dubai, United Arab Eimirates, August 15th, 2024, Chainwire Bybit, the world’s second-largest crypto exchange by trading volume, proudly announces that all Bybit users can now deposit and withdraw PayPal USD (PYUSD) on the Solana blockchain. The first top-three exchange to offer this feature, Bybit users can now synergise their crypto investments with the power of global payments on Solana. PYUSD and Solana - A Look at PYUSD On-Chain Performance and Issuance Data Since its debut, PYUSD has performed well on…
10 months ago
Solana At A Crux: Will SOL Crash To $120 Accelerated By These Factors?
Solana remains one of the top-performing crypto assets over the past year. Even though there is a retracement from the 2024 highs, the coin is still multiples higher than the 2022 lows. Traders are upbeat about what lies ahead, with some convinced the coin will easily break $260 and register all-time highs in the coming months. Like Bitcoin, Ethereum, and other top altcoins like Cardano, SOL faces determined sellers. From the daily chart, SOL is moving sideways in a possible…
10 months ago
Solana Whale Sell-Offs Threaten $1,000 Dream, But Fundamentals Remain Strong
A Solana (SOL) whale has been offloading a significant amount of its holdings for a while, a move that could significantly impact Solana’s price and the projected move to $1,000. Solana’s fundamentals remain strong amid these sell-offs, suggesting that SOL could still enjoy a significant rally. Solana Whale Has Sold $86 Million Worth Of SOL This Year The on-chain analytics platform Lookonchain revealed in an X (formerly Twitter) post a Solana whale that has sold 594,000 SOL ($86 million) this…
10 months ago