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 Meme Coin Penguiana Hits Softcap As The Presale Raises Over 1500 SOL, Set To Release P2E Game Demo Next Month
Dubai, United Arab Emirates, May 17th, 2024, Chainwire Penguiana's presale, the penguin-themed Solana meme coin, has now surpassed 1,500 SOL. The team believes this achievement underscores the growing interest surrounding Penguiana within the crypto and meme coin communities. Inspired by the playful and communal nature of penguins, Penguiana is more than just another meme coin. It is poised to become a significant player in the Solana ecosystem, leveraging the blockchain's fast processing and low fees to attract both crypto enthusiasts…
1 year ago
Crypto Highlights: Solana Surges 5%, Ethereum Eyes $5,000, and Furrever Token’s Astronomical ROI
The post Crypto Highlights: Solana Surges 5%, Ethereum Eyes $5,000, and Furrever Token’s Astronomical ROI appeared first on Coinpedia Fintech News In a rapidly evolving digital asset landscape, Solana has demonstrated a remarkable surge of 5% within a single day, underscoring its appeal to those pursuing swift gains. Concurrently, Ethereum is on the brink of a significant milestone, with industry pundits anticipating a potential ascent to the $5,000 mark, solidifying its status as a cornerstone of the blockchain realm. Amidst…
1 year ago
Solana Stands Strong Despite FTX’s SOL Sell-Off; Raboo and Solana-Based Meme Coin BONK Price Surge
The Solana (SOL) ecosystem holds strong despite rocky FTX exchange bankruptcy procedures. While FTX’s estate has been aggressively selling off its cryptocurrency holdings to the sum of $98 million (and potentially more to come), Solana’s price continues to climb. Amidst this backdrop, Raboo is making waves in the crypto world. Thanks to its AI and meme culture, Raboo’s presale has already raised nearly $1.3 million. Analysts predicted a 100x surge for Raboo this year — it’s definitely one to watch.…
1 year ago
Solana (SOL) powers back
As Bitcoin (BTC) rises out of its recent dip and paves the way, the altcoins are following, and not many more so than Solana. Already up 17% so far on the week, $SOL is powering its way back to the all-time highs Solana is the Ethereum of this bull market Could Solana (SOL) be the Ethereum (ETH) of this bull market? Many investors seem to think so, as flows from the Ethereum network are making their way to the Solana…
1 year ago
Solana Slayer? NFTFN Poised to Steal the Spotlight in the Next Crypto Boom
The post Solana Slayer? NFTFN Poised to Steal the Spotlight in the Next Crypto Boom appeared first on Coinpedia Fintech News While established players like Solana dominate the blockchain landscape, a new contender is emerging: NFTFN. This revolutionary web3 fintech platform is making waves with its ongoing presale and its potential to disrupt the NFT market, potentially stealing the spotlight in the next crypto boom. NFTFN: A Rising Star Threatens the Status Quo Investors are searching for the next generation…
1 year ago
Robinhood Launches Solana Staking in Europe Offering 5% Yield
Robinhood introduces Solana staking in Europe, offering a 5% APY and competing with major platforms like Coinbase and Phantom. Robinhood expands EU crypto services with Solana staking feature. In a significant expansion of its cryptocurrency services, Robinhood has launched Solana staking for its European customers, providing a new avenue for earning on investments. The feature, promising an initial annual percentage yield (APY) of about 5%, marks Robinhood’s entry into the competitive staking landscape dominated by platforms like Coinbase and Phantom.…
1 year ago
Solana Unveils Next-Gen Liquidity Layer: Redefining DeFi Performance with marginfi Evolution
Solana has welcomed marginfi, a liquidity protocol to power its innovative community. Solana remains a major destination for top builders in DeFi and memecoin ecosystem. On Wednesday, Solana Blockchain introduced marginfi as its first Liquidity Layer. Through the platform, Solana aims to power a new Layer for Decentralized Finance (DeFi) performance. How marginfi Works marginfi describes itself as the first Layer with real native yield, off-chain data plug-ins, and embedded risk systems. As an integrated liquidity layer on Solana, marginfi…
1 year ago
This New Ethereum Memecoin Is Set To Challenge Solana Memecoins
Memecoins are taking the Web3 space by storm, as dogwifhat (WIF) is up 201,805.2% in the past five months, while Bonk (BONK) spiked 5,441.6% within a single year. While both of theseSoalna-based meme coins are showcasing significant price growth, a new challenger has approached them, the Ethereum-based KangaMoon (KANG) crypto, which is up 400% even during its presale period. To see which crypto can climb the most, we will go over their on-chart metrics individually. By the end, we will…
1 year ago
Slothana Price Up With CoinPoker Promo, New CEX Listings For The Solana Meme Coin
Solana meme coins are back to their bullish ways after receiving a green light from the dovish CPI print on Wednesday. CoinGecko data reveals that the Solana meme coin market capitalization increased by 13% on Thursday, with Book of Meme and Jeo Boden emerging as the top gainers. Owing to its low trading fees and high scalability, Solana remains the ideal blockchain for new meme coins as well. For instance, a new token - Slothana ($SLOTH) - has rallied close…
1 year ago