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 Welcomes $WBTC via Wormhole Bridge for DeFi Application
Solana innovators and users can now access Wrapped Bitcoin on the Layer-1 through Wormhole. This integration is one of many that Wormhole has facilitated, fueling diversity in the memecoin market. Bitcoin has found a new home as Wrapped Bitcoin (WBTC) goes live on the Solana ecosystem, with Wormhole acting as a bridge. As noted in a series of X posts, the collaboration opens up possibilities for the Decentralized Finance (DeFi) applications built on Solana. WBTC Via Wormhole Extends Functionality to…
12 months ago
Shiba Inu, Cardano, and Solana: On-Chain Analyst Predicts Price Rebound
The TD Sequential indicator signals a buy on daily charts for Solana, Shiba Inu, and Cardano. Recent developments in Shibarium, Sundae v3 Cardano, and ZK compression Solana highlight innovation and adoption. Renowned on-chain analyst Ali Martinez recently pointed out a positive indicator for three important altcoins in a tweet. Martinez reports that on the daily charts for Cardano (ADA), Shiba Inu (SHIB), and Solana (SOL), the TD Sequential indicator has flashed buy signals. This is increasing hopes for a price…
12 months ago
Why Solana, Ethereum, and Furrever Token Are Set to Dominate the Crypto World in 2024
The post Why Solana, Ethereum, and Furrever Token Are Set to Dominate the Crypto World in 2024 appeared first on Coinpedia Fintech News The cryptocurrency landscape is constantly evolving, with new technologies and tokens emerging to captivate investors and reshape market dynamics. As we look towards 2024, three cryptocurrencies stand out as potential dominators in the crypto world: Solana, Ethereum, and Furrever Token. Each of these tokens brings unique strengths and innovations that position them at the forefront of the…
12 months ago
Shiba Inu, Solana, & Cardano Are All Seeing Buy Signal: Analyst
An analyst has pointed out how Shiba Inu (SHIB), Solana (SOL), and Cardano (ADA) are among the altcoins seeing a buy signal on this indicator. Shiba Inu, Solana, & Cardano Form Buy Signal Following Market Crash In a new post on X, analyst Ali Martinez has talked about how a Tom Demark (TD) Sequential signal has formed for Shiba Inu, Solana, and Cardano recently. The “TD Sequential” here refers to an indicator in technical analysis (TA) that’s generally used for…
12 months ago
With 100x Potential, Angry Pepe Fork Is Ahead Of The Top Altcoins Solana And Toncoin
The post With 100x Potential, Angry Pepe Fork Is Ahead Of The Top Altcoins Solana And Toncoin appeared first on Coinpedia Fintech News The just-released Angry Pepe Fork is becoming a game-changer in the altcoin space during its ongoing presale, exhibiting an astounding 100x growth potential as experts expect the value of the token to skyrocket this much after it is listed. Taking off and distinguishing itself from top altcoins like Solana and Toncoin is this creative altcoin that is…
12 months ago
Solana Price Braces For Potential Crash Below $100 Amid Investigation Rumors
The Solana price has experienced a sharp decline over the past month in line with the broader market correction, intensifying concerns as rumors of a potential investigation into the popular blockchain platform have recently surfaced. Regulatory Storm Brewing? In a social media post on X (formerly Twitter), market expert Crypto Bitlord, who has a considerable following of over 300,000 people, hinted at a rumored investigation into Solana. The post read: We are hearing rumors that SOL is under investigation and…
12 months ago
Solana (SOL) Prepares for Ethereum ETF Impact, Trades Firmly Above $130
Solana is the most common destination for assets from the Ethereum ecosystem, and with the ETFs looming, analysts predict that billions could be flowing into the SOL ecosystem. Market experts predict that Ethereum ETFs could attract at least half of BTC ETFs’ $60 billion assets, and a significant share of this would flow into Solana, halting further dips below $130. It has been the year of ETFs. Bitcoin spot ETFs launched in January and have accumulated over $60 billion in…
12 months ago
Top 10 Solana-based To Buy With Solana ETF Rumor!
The post Top 10 Solana-based To Buy With Solana ETF Rumor! appeared first on Coinpedia Fintech News The Solana price has recorded a significant correction in its portfolio over the past few days, indicating a rising bearish sentiment for the altcoin in the market. Reportedly, the SOL price has lost approximately 5% within the past day, resulting in its value plunging below the $125 mark. However, with the rising speculations of a potential Solana ETF in the crypto market, will…
12 months ago
Solana Loses Billions From Its Market Cap Amid Broader Market Downturn
The post Solana Loses Billions From Its Market Cap Amid Broader Market Downturn appeared first on Coinpedia Fintech News Solana has declined by at least 11% in the past week amidst the general market downturn and negative investor sentiment across the crypto market. Due to the bearish run, Solana descended about 5% and billions of dollars in market value since yesterday. The Solana price slumped as low as $123.42 on Monday. The co-founder and CEO of Helius Labs hinted that…
12 months ago