Solana

The post Top Crypto Analyst Predicts Solana (SOL) Price To Hit $1000—10 Reasons Why appeared first on Coinpedia Fintech News Solana (SOL) has been one of the top performers in the current crypto cycle, boasting a 20x increase from its bear market lows. Yet, according to renowned crypto analyst Miles Deutscher, the rally may just be beginning, with the potential for a 5-10x upside that could see SOL reach $1,000. Here’s a breakdown of the 10 solid reasons fueling this…

The post PayPal USD Market Cap Advances 150% After Solana Expansion appeared first on Coinpedia Fintech News The PayPal USD market cap has risen by 150% since its expansion to Solana on May 29, with the stablecoin’s total value now sitting at $684 million, based on DefiLlama data. The usage of PYUSD is practically evenly distributed between Solana and Ethereum, as both blockchains show 48.32% and 51.68% dominance, respectively. However, despite its growth, PYUSD is still far away from Tether…

A crypto analyst has reignited the debate between Ethereum (ETH) and Solana (SOL), evaluating which cryptocurrency was more superior. Considering recent market trends and performances of both altcoins, the analyst has finally identified a clear winner in the competition.  Solana Wins Battle Against Ethereum In a recent X (formerly Twitter) post, legendary crypto trader and analyst, Peter Brandt drew a comparison between Solana and Ethereum, spotlighting their fundamental characteristics, strengths and weaknesses. Based on his analysis, Brandt suggests that it…

The long-standing legal battle between Ripple and the US Securities and Exchange Commission (SEC) has finally made significant progress in court, and the case may be nearing its end, with a surge for XRP. As expected, this development revitalized interest in XRP, Ripple’s native cryptocurrency, which in turn led to a noticeable surge in XRP’s activity across the crypto industry.  On-chain data reveals a surge in the number of transactions and trading volumes for XRP on major cryptocurrency exchanges. One…

The crypto community collectively held its breath as the market saw the biggest crash since the FTX collapse in 2022. Although many projects are still struggling, Solana and Dogwifhat are among those that have reclaimed key levels. Crypto casino Rollblock is also making waves by reaching a new all-time high amid this market-wide sell-off. Early investors have generated returns in excess of 100% and there are no signs of slowing! Solana Showing Strength With V-Shaped Recovery Solana's price has declined…

Solana, Bitcoin, Ethereum, and the broader crypto market experienced a tumultuous start to the week, with one of the most severe price crashes since the collapse of FTX. While macroeconomic factors were primarily responsible for this downturn, substantial sell orders from Jump Crypto, a division of the prominent Chicago-based quantitative trading firm Jump Trading Group, also played a significant role. In the 10 days leading up to the crash, Jump Trading transferred $277 million worth of ETH to various exchanges,…

The post Solana Price Achieves New Highs: A Threat to Ethereum’s Reign? appeared first on Coinpedia Fintech News The Solana (SOL) network has attracted significant hate and attention from the global crypto community in the past. The top-tier layer one (L1) blockchain, with dozens of fast-growing decentralized financial protocols, is laser-focused on dethroning Ethereum (ETH) from its position as the leader in the Web3 ecosystem. Solana’s SOL has outshined Binance-backed BNB and is currently ranked as the fourth most valuable…

Mpeppe (MPEPE), is currently making waves and capturing the attention of investors and enthusiasts alike. As Mpeppe (MPEPE) gains traction, it’s causing ripples across the crypto market, particularly among Solana (SOL) holders. Here’s a closer look at how Mpeppe (MPEPE) is making headlines and why it’s causing concern for those invested in Solana (SOL). MPEPE: A Game-Changer in the Crypto Space Mpeppe (MPEPE)  has rapidly distinguished itself in the crowded cryptocurrency landscape. This innovative ICO embodies the convergence of sports…

Zurich, Switzerland, August 8th, 2024, Chainwire Today marks the launch of Solana Bot, a new automated tool designed to enhance Solana coin leveraging efficiency. This bot leverages advanced algorithms to streamline the leverage process, making it accessible to both novice and experienced traders. It works automatically with no work. Advancing Solana Leveraging with Solana Bot The Solana Bot combines sophisticated trading algorithms with an easy user interface, offering users a structured approach to participate in the Solana ecosystem. Key Features…