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
Solana (SOL) and Injective Protocol (INJ) approach breakouts
Despite the strong downward selling pressure on Bitcoin (BTC) which is currently taking place, there are a few altcoins that have been moving up over the last few days. Both $SOL and $INJ are two of the more fundamentally sound altcoins that are approaching breakouts. Will these breakouts occur, and what are the upside targets? $SOL breakout or rejection? Source: TradingView $SOL has been rising steadily over the last 5 days to record a 17% gain from the bottom of…
11 months ago
Lionel Messi Promotes Solana Memecoin WATER On Instagram
The post Lionel Messi Promotes Solana Memecoin WATER On Instagram appeared first on Coinpedia Fintech News The International soccer legend Lionel Messi is promoting a Solana-based memecoin called WaterCoin (WATER) through his Instagram Stories. As per WaterCoin’s documentation, the project is focused on raising awareness for water-related issues, to become a full-fledged ecological coin in the future. WaterCoin’s roadmap outlines four stages from the initial presale of the token, through centralized exchange listings and celebrity partnerships, to the final phase…
11 months ago
Solana Eyes $150 Rebound: SOL Bulls Optimistic With Positive Indicators
Solana started a recovery wave from the $128 zone. SOL price is up over 6% and the bulls seem to be aiming to reclaim the $150 level. SOL price started a decent upward move above the $132 resistance against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $136 on the hourly chart of the SOL/USD pair (data source from…
11 months ago
Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes
Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months. With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen as a potential catalyst for these tokens, according to market expert Leshka. In a recent analysis, Leshka explained that Solana memes have become the dominant…
11 months ago
After BTC and ETH, Solana ETF is Finally Launching!
The post After BTC and ETH, Solana ETF is Finally Launching! appeared first on Coinpedia Fintech News Two hours ago, the head of digital assets research at VanEck, Matthew Sigel, informed twitter that CBOE has filed their 19b-4 form for Solana ETF. Source : Twitter Things are getting really serious about the Solana ETF this week. Investment giants VanEck and 21Shares are making a big move by filing 19b-4 forms with the U.S. Securities and Exchange Commission (SEC) to launch…
11 months ago
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SolanaSolana Donations to Pro-Crypto GOP PAC Matched Up to $1M by Multicoin Capital
Crypto investment firm Multicoin Capital has pledged to match all donations made in Solana’s SOL to support Republican Senate candidates up to a maximum of $1 million. Multicoin’s Kyle Samani says the move is meant to ensure that pro-crypto legislators make it to the next government, and the Republican party has been the industry’s best ally. As the impact of regulations on crypto becomes clearer by the day, the industry is stepping up and supporting pro-crypto political candidates in the…
11 months ago
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SolanaLavarage Announces Public Launch at the Solana Summit APAC
Kuala Lumpur, Malaysia, July 8th, 2024, Chainwire Lavarage, the pioneering decentralized spot margin trading platform, officially announced its public launch at the Solana Summit APAC in Kuala Lumpur. After a successful two-month closed beta, during which Lavarage facilitated over 10,000 leverage trading transactions across hundreds of tokens, the platform is now set to drive the broader adoption of decentralized finance (DeFi). Lavarage officially announced its public launch at the Solana Summit APAC in Kuala Lumpur. Lavarage offers a unique trading…
11 months ago
Buying The Dip: Ethereum, Solana, Binance Coin and Furrever Token Launch is Set
The post Buying The Dip: Ethereum, Solana, Binance Coin and Furrever Token Launch is Set appeared first on Coinpedia Fintech News The cryptocurrency advertise is energetic and ever-evolving, with certain tokens standing out due to their special advancements and promising prospects. As we move through 2024, Ethereum, Solana, Binance Coin and Furrever Token rise as must-watch cryptos, each advertising unmistakable focal points and openings for financial specialists. The Best Opportunity: Ethereum Faces Strong Dip Ethereum is additionally another notable crypto…
11 months ago
Bitcoin’s Plunge to $42K: How Solana and Furrever Token Are Offering New Hope – 100% Bonus Inside!
The post Bitcoin’s Plunge to $42K: How Solana and Furrever Token Are Offering New Hope – 100% Bonus Inside! appeared first on Coinpedia Fintech News As Bitcoin drops sharply to $42,000, emotions run high in the crypto market. But amidst this turmoil, Solana is showing hopeful signs of reaching $160, which has investors feeling optimistic. Adding to this beacon of hope is Furrever Token, an innovative new player in the crypto space, offering a delightful blend of cuteness and potential…
11 months ago