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 Memecoin MEW Partners with LOCUS Animation Studio To Create New 3D Animated Series
The post Solana Memecoin MEW Partners with LOCUS Animation Studio To Create New 3D Animated Series appeared first on Coinpedia Fintech News MEW aims to become a worldwide entertainment and retail brand with a new 3D animated series. MEW, a leading cat-themed token on the Solana blockchain, partners with animation studio LOCUS to create a new 3D animated series. It is the first worldwide entertainment brand and retail product line started by a memecoin community. LOCUS produces 3D animations and…
1 year ago
PayPal Adds Stablecoin PYUSD To Solana Blockchain
The post PayPal Adds Stablecoin PYUSD To Solana Blockchain appeared first on Coinpedia Fintech News PayPal Holdings Inc. is adding its PayPal USD token to the Solana Blockchain. PayPal had previously launched its stablecoin PYUSD on the Ethereum network. After a year, it will now launch on the Solana network as well. Solana’s speed and low transaction fees attracted PayPal to the blockchain. PYUSD currently has a market value of around 400 million dollars and a 24-hour trading volume of…
1 year ago
‘Solana Is For Baddies’: Rapper Iggy Azalea Joins The Controversial Celebrity Token Frenzy
For the past week, a controversial celebrity token trend has emerged. Mainstream media figures began launching Solana-based memecoins and seemingly showing interest in cryptocurrencies. The latest star to join the celebrity token frenzy is Australian rapper Iggy Azalea, who saw a controversial launch similar to Caitlyn Jenner’s JENNER token. Who Is Solana? On Monday, Azalea surprised the crypto community by showing interest in cryptocurrencies. The rapper and model posted on X asking, “Who is Solana? I don’t know that bitch.”…
1 year ago
Solana Remains Institutional Investors’ Favorite, YTD Flows Ramp Up To $29 Milion
Solana (SOL) is rapidly gaining the attention of institutional investors, who are increasingly showing a strong interest in this crypto token. This trend underscores the possibility that Solana could be the next in line to launch its Spot ETF, a development that could significantly impact the crypto token’s price. Solana Investment Funds Record Year-To-Date Inflows Of $29 Million According to CoinShares’ latest weekly report, Solana investment products currently boast a year-to-date (YTD) net inflows of $29 million. Last week, these…
1 year ago
Solana (SOL) and Arbitrum (ARB) Holders Explore 3000% Potential With Rollblock (RBLK) Revenue Share Model
In the crypto ecosystem, investors are constantly looking for promising projects with the potential for substantial portfolio returns. Among these contenders catching the attention of Solana (SOL) and Arbitrum (ARB) holders is Rollblock (RBLK), a top cryptocurrency in the presale market offering a unique revenue share model that promises lucrative opportunities, including a 3000% ROI post launch. Solana Token: Rebounding from Weekly Dip, Can It Maintain Momentum? Solana (SOL) is an expanding blockchain network that utilizes $SOL as its native…
1 year ago
Trader Sells Shiba Inu (SHIB) for $4,000,000 Profit, Accumulating Solana (SOL) Alternative That Recently Skyrocketed to Top 100 Cryptos
The world of cryptocurrency trading is filled with stories of remarkable gains and strategic pivots. One such story involves a trader who recently sold their Shiba Inu (SHIB) holdings for a staggering $4,000,000 profit and shifted their focus to an emerging star: Retik Finance (RETIK). This new contender has rapidly climbed into the top 100 cryptocurrencies, capturing the attention of investors and analysts alike. Let's delve into the details of this strategic move and explore the potential of this rising…
1 year ago
Ethereum ETFs: What They Mean for Solana and Other Altcoins
The recent approval of the ETH ETF has been said to cause a massive revolution among altcoins with L2 and DeFi OGs expected to rally. However, projects labelled as “Ethereum killers” would be left behind in the post-ETH ETF environment. The recent approval of Ether Exchange Traded Funds (ETFs) triggered a short-term rally, forcing Bitcoin up into the $70k zone and Solana back into the $180 region. However, several external factors highlighted by Crypto News Flash have flipped over market…
1 year ago
Is $5 Incoming for Dogwifhat as the Top Solana Meme Coin Continues to Grow
The post Is $5 Incoming for Dogwifhat as the Top Solana Meme Coin Continues to Grow appeared first on Coinpedia Fintech News Dogwifhat’s rise has been nothing short of spectacular. Originally dismissed by many as a joke when it launched late last year, this meme coin has defied all expectations. It quickly gained a place in the top 10 meme coins and hit a market cap of $4.5 billion in March 2024. Its recent performance has been exceptional, attracting attention from…
1 year ago
Why Solana (SOL)’s Fee Changes Could Boost Shiba Inu and Furrever Token Prices
The post Why Solana (SOL)’s Fee Changes Could Boost Shiba Inu and Furrever Token Prices appeared first on Coinpedia Fintech News Recent changes to Solana’s fee structure, introducing 100% priority fees for validators, are expected to impact the broader cryptocurrency market, including Shiba Inu and Furrever Token. As Solana enhances network efficiency and transaction prioritization, investors are watching for potential price boosts in these tokens. Shiba Inu, a well-known meme coin, and Furrever Token, a new cat-themed crypto, stand to…
1 year ago