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
Raoul Paul Makes Epic Prediction For Solana Amid Market Plunge
The post Raoul Paul Makes Epic Prediction For Solana Amid Market Plunge appeared first on Coinpedia Fintech News The founder and CEO of Real Vision has delivered an epic prediction for Solana, linking its potential growth to bananas, which are slowly ripening but should be magnificent in the autumn. He has exhibited his belief in a substantial future price upswing for SOL. Pal suggested that the current price drop might present a buying opportunity for those looking to increase their…
12 months ago
Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds
Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to CoinShares data, digital asset funds saw $600 million in net outflows for the week ending June 14. The outflows were concentrated in Bitcoin and Solana funds, which saw $621 million and $0.2 million exits, respectively. These outflows come amidst a corresponding drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto…
12 months ago
Polkadot vs Solana
Polkadot and Solana are two of the most prominent blockchain protocols. Both offer unique solutions to problems faced by legacy blockchains and their limitations. Polkadot is a multi-chain protocol that can host multiple Layer1 blockchains, allowing them to communicate and leverage shared security. On the other hand, Solana is designed to address long-standing problems such as transaction speeds and escalating transaction costs. Polkadot vs. Solana: What Is Polkadot? Polkadot connects multiple blockchains, enabling the transfer of data or value across…
12 months ago
Memereum Sells Over 23 Million Tokens in Presale As Solana (SOL) Struggles Below $150
Monaco City, Monaco, June 18th, 2024, Chainwire Memereum (MEME), a new altcoin, has demonstrated notable performance during its initial coin offering (ICO) presale, selling over 23 million tokens and nearing the 24 million mark. The project has attracted more than 8,000 users to its platform. While the Ethereum challenger, Solana, remains under the $150 price level. The pre-sale began at $0.01 and by a strategic move by the team, is now at $0.039. Those who invested in Memereum at the…
12 months ago
BitMEX’s Arthur Hayes Projects Aptos to Eclipse Solana in Blockchain Leadership
Arthur Hayes predicts that Layer 1 blockchain Aptos will surpass Solana within two to three years. Hayes also warns of a potential major crypto custodian hack that could result in a loss of $50 billion to $100 billion. BitMEX CEO Arthur Hayes recently shared his insights on the future of the crypto market, predicting that Aptos will surpass Solana to become the second leading Layer-1 blockchain within the next one to three years. In a recent interview with Coin Bureau,…
12 months ago
Solana Sees Sharp Decline To $146, Will SOL Overcome Latest Hurdles?
SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s price has encountered resistance levels that pose challenges to its bullish trajectory. Investors and analysts are closely watching these developments, trying to gauge what lies ahead for SOL. This article explores the current price hurdles facing Solana, delves into future outlooks, and offers predictions on how these obstacles could…
1 year ago
This Altcoin Gem Will Overtake Solana, Predicts Arthur Hayes
Arthur Hayes, co-founder of crypto exchange BitMEX, has predicted that the blockchain Aptos (APT) is poised to surpass Solana (SOL) in prominence and utility in the race for the second largest Layer 1 (L1) blockchain behind Ethereum within the next two to three years. Hayes conveyed his thoughts during a detailed interview with macro analyst Raoul Pal. Aptos Could Overtake Solana Hayes indicated that the potential for Aptos to outperform Solana and ascend as the second-ranking L1 protocol after Ethereum…
1 year ago
Solana Price Faces Uphill Task: Tough Road Ahead For SOL Bulls
Solana tested the $138 zone before it started a recovery wave. SOL price must clear the $150 and $155 resistance levels to start a steady increase. SOL price is eyeing an upside break above the $150 resistance against the US Dollar. The price is now trading above $145 and the 100-hourly simple moving average. There is a connecting bullish trend line forming with support at $146 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair…
1 year ago
Santiment Analysis on Altcoins Rally– While Ethena and Solana Recovers, Traders FOMO Buy This New Coin
The post Santiment Analysis on Altcoins Rally– While Ethena and Solana Recovers, Traders FOMO Buy This New Coin appeared first on Coinpedia Fintech News Brian, a top analyst from Santiment recently appeared on Thinking Crypto’s latest episode, discussing his insights on the altcoin rally. Brian spoke about the top 50 meme coins by market cap and said that Ethena (ENA) and Solana (SOL) might just recover and rally up. Amid all this, numerous investors have been FOMO investing in this…
1 year ago