Solana

The crypto market started 2024 off with a bang, with Solana memecoins taking charge. Memecoins often have no utility but bring strong community support to the very serious industry.  The memecoin market witnessed explosive growth in recent months, with Solana-based memecoins, particularly, seeing significant upticks. Solana-based memecoins boast a total market cap exceeding $6.4 billion. Here’s a quick overview of four Solana memecoins to watch: Husky Inu ($HINU), Trump ($MAGA), Base Dawgz ($DAWGZ), and Bonk ($BONK).  Solana Becomes Prime Memecoin…

In a significant development for the cryptocurrency industry, FTX, the exchange that collapsed in November 2022 under the leadership of convicted Sam Bankman-Fried, is preparing to distribute a staggering $16 billion in cash to its customers, which could lead to significant gains for Bitcoin (BTC) and Solana (SOL) prices.  Crypto researcher Xremlin has predicted that a considerable portion of this cash will flow back into the crypto market, serving as a catalyst for growth towards the end of the year. …

With almost $180 million in SOL tokens moved to cryptocurrency exchange Coinbase, Solana, the fast-moving blockchain network, has become entangled in whale activity. Investors feel chilly from this large fund movement, which begs the question of where the price of the currency will go in the future. Whales Making Waves The transfers, identified by blockchain tracker Whale Alert, originated from unknown wallets and landed at Coinbase, a major exchange platform. This large-scale movement suggests potential selling by major SOL holders,…

As one of the fastest growing cryptos Solana (SOL) has got everyone’s attention. The Solana price has seen significant growth since its inception. The current price and market cap fluctuate based on various factors, including trading volume, network upgrades, and broader market trends. The highest price paid for Solana showcases its potential, while the lowest price indicates entry points for new investors. Solana's current price, daily trading volume, and current market capitalization reflect its standing in the cryptocurrency market. One…

Amidst the carnage of the current cryptocurrency market crash, Solana ($SOL) is holding up well, especially against its $BTC and $ETH pairings. Is this a sign of things to come for Solana? With $BTC down around 4.3% so far on Friday, and with the entire crypto investment space probably wondering just how much further it might fall, $SOL is holding up extremely well in comparison. A lot of the altcoins are doing a lot worse than $BTC, so this makes…

The post The Limelight Continues To Shine On Raboo As Avalanche And Solana Investors Take Notice! appeared first on Coinpedia Fintech News Avalanche (AVAX) and Solana (SOL) are two of the most popular cryptocurrencies in the market. They’ve had some of the largest gains in the industry over the last year and there seemed to be no slowing down until recently. Problems with both have led their investors to look for the next breakout token to add to their portfolios.…

A VanEck executive has reiterated an SEC leadership change is vital for Solana ETF approval. In hopes of a change in SEC leadership, many crypto proponents are rallying behind Donald Trump. VanEck’s Matthew Sigel says the company’s filing for Solana ETF is a big bet on Donald Trump’s reelection. Notably, VanEck recently became the first firm to file a SOL ETF application in the US, as previously reported by Crypto News Flash. VanEck’s Solana ETF Filing VanEck revealed intentions to…

The post Solana Price Stuck Within a Bearish Trend, While the SOL Price May Not Plunge Below $100! appeared first on Coinpedia Fintech News A fresh bearish case has stuck in the crypto markets, which has slashed the Solana price below $135, losing over 15% since the last trading day. While the market participants look out for an extended descending trend that could drag the price below $100, the trade set-up suggests the bulls have captivated the key support levels.…

In the first quarter of the year, Solana-based meme coins have emerged as the frontrunners, surpassing Ethereum’s meme coin ecosystem and artificial intelligence (AI) tokens, according to a recent report by market data platform CoinMarketCap.  This shift in popularity signifies a change in dynamics within the cryptocurrency market, with meme coins gaining traction and challenging previously dominant narratives such as smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs). Solana Ecosystem Dominates Growth Chart The CoinMarketCap report highlights that the…