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 Retests Its Support! Will SOL Price Hit New High Amid AltSeason Rally?
The post Solana Retests Its Support! Will SOL Price Hit New High Amid AltSeason Rally? appeared first on Coinpedia Fintech News The cryptocurrency market on Friday displayed a bearish price action in spite of approval of the spot ETH ETF, indicating a short selling in the market. However, the altcoin leader, Ethereum price, holds its price above the $3,650 mark, suggesting a bullish sentiment in the crypto space. Moreover, the SOL coin price has continued to record a bearish price…
1 year ago
SolanaVM, The First EVM Compatible L2 for Solana, Raising Over $400,000 in Presale, as SEC Approves First Ethereum ETF
London, UK, May 24th, 2024, Chainwire In a major development for the cryptocurrency industry, the SEC approved the first-ever Ethereum ETF today. This decision is seen by many as a potential turning point, ushering in a new bull cycle for crypto. With Ethereum paving the way for regulatory acceptance, all eyes are now on other leading projects like Solana. SolanaVM created L2's innovative solution that allows Ethereum dApps to leverage Solana's lightning-fast speed and minimal fees. This can play a…
1 year ago
Crypto Market Update: Solana ETF, Shiba Inu Burn Rate, and Furrever Token $20K Competition Deadline Soon
The post Crypto Market Update: Solana ETF, Shiba Inu Burn Rate, and Furrever Token $20K Competition Deadline Soon appeared first on Coinpedia Fintech News The cryptocurrency market is abuzz with exciting developments across various tokens. This week, we spotlight the significant events surrounding Solana, Shiba Inu, and Furrever Token. From the anticipated approval of a Solana ETF to Shiba Inu’s impressive burn rate and Furrever Token’s lucrative competition, here’s everything you need to know. Shiba Inu’s Remarkable Burn Rate Surge…
1 year ago
Can the US SEC Under Gary Gensler Approve a Solana ETF Next? SOL Could Reach These Price Levels
Solana may be the next cryptocurrency to receive an ETF in the U.S. The approval faces challenges due to SEC’s classification of Solana as a security and the absence of a futures ETF. Following recent predictions updated by CNF earlier this May, where Michael Saylor suggested that Ethereum could face SEC classification as a security, a similar spotlight now shines on Solana (SOLUSD). According to today’s update shared on Trading View, during the CNBC post-market talk show “Fast Money” on…
1 year ago
Investor Who Moved into Solana (SOL) During ICO Spends Big on Retik Finance (RETIK) as Token Launches on CEXs—Next SOL?
Crypto investors renowned for their foresight in moving into Solana (SOL) during its ICO phase, have once again captured attention by making substantial investments in Retik Finance (RETIK) as its token launches on centralized exchanges (CEXs). This bold move has ignited speculation among crypto enthusiasts, prompting questions about whether Retik Finance could emerge as the next Solana. Let us delve into the details of this investor's strategy, the factors driving Retik Finance's growth, and the potential for it to replicate…
1 year ago
Crypto Whale With $30,000,000 Portfolio Makes Bullish Prediction for Trending Solana Rival, Predicts 1200% Rally by the End of June 2024
A significant prediction is shaking up the cryptocurrency world. A crypto whale, renowned for their substantial $30,000,000 portfolio, has made a bullish forecast for Retik Finance (RETIK), a trending rival to Solana. This seasoned investor predicts that RETIK could experience an astounding 1200% rally by the end of June 2024. With such a substantial claim, the crypto community is buzzing with anticipation and curiosity. The Meteoric Rise of Retik Finance (RETIK) Retik Finance (RETIK) has already made headlines with its…
1 year ago
Retik Finance (RETIK): New Solana Competitor Goes Parabolic at Launch, Creates Millionaires Overnight
The cryptocurrency market has captured the attention of investors all around the world with its high volatility and potential for large rewards. Retik Finance (RETIK), a newcomer to the DeFi market, has recently drawn a lot of attention. Presented as a force to be reckoned with in the decentralized financial space, Retik Finance (RETIK) provides investors with creative fixes and profitable chances to profit from the Bitcoin market. Excitation over Retik Finance's launch date grew as it got closer, propelled…
1 year ago
Algotech (ALGT) Rewards Holders With Airdrop: Discover the AI Phenomenon Attracting BNB and Solana Investors After $5.2M Raised
Algotech ($ALGT) is a user-centric cryptocurrency project focused on improving investors' chances of profitability while reducing losses in the crypto space, and it’s making significant waves amongst the entire cryptocurrency market, especially amongst the DeFi giant Solana SOL and Binance Coin BNB communities, who are readily looking for the next big opportunities in Decentralized finance, DeFi. What is AlgoTech Algotech is a nascent Decentralized Finance DeFi platform that aims at creating a thorough combination of blockchain, AI, and strong…
1 year ago
?It’s Like BUYING Solana for $15 ?Analyst Named NEW Hidden Crypto Gem For 150X in 2024 ??
Missed Solana's massive 150X run from $15 in 2023 to its peak? That incredible surge captured the attention of the entire crypto world and solidified Solana's place as a powerhouse in the market. However, expecting another 150X run from Solana might be overly optimistic – it's already had its meteoric rise. Now, traders are on the lookout for the next big opportunity, a new hidden gem in the crypto space that could replicate Solana's phenomenal growth. This isn't just about…
1 year ago