Tag Archives: Solana blockchain

New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation

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The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT)… Continue reading New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation→

Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks

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A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises… Continue reading Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks→

Solana (SOL) Holds Above $140 As Funding Rate Signals Bullish Momentum

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Solana (SOL) is currently trading near a critical support zone at $145, following a 26% surge since the Federal Reserve announced interest rate cuts on September 18. After this sharp rise, SOL experienced a slight 10% dip, but the overall market sentiment remains optimistic.  Many analysts and investors hope Solana will reach new all-time highs… Continue reading Solana (SOL) Holds Above $140 As Funding Rate Signals Bullish Momentum→

VanEck Predicts Solana Could Reach 50% Of Ethereum’s Market Cap, Targeting $330 Per SOL

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Currently, Solana (SOL) is the fifth-largest cryptocurrency, with a market capitalization of approximately $71 billion. Following the recent decision by the US Federal Reserve to cut interest rates by 0.50% on September 18, the cryptocurrency market has seen a resurgence in investor confidence, leading to notable price increases for SOL. In light of these developments,… Continue reading VanEck Predicts Solana Could Reach 50% Of Ethereum’s Market Cap, Targeting $330 Per SOL→

Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?

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Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On… Continue reading Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?→

Institutional Adoption Accelerates For Solana as Hamilton Lane Launches Blockchain-Native Fund

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In a move highlighting the growing intersection of traditional finance (TradFi) and blockchain technology, Hamilton Lane, one of the world’s largest asset managers, has announced the launch of a private credit fund on the Solana (SOL) blockchain.  The fund, named Senior Credit Opportunities Fund (SCOPE), will now be accessible to investors through the Solana network,… Continue reading Institutional Adoption Accelerates For Solana as Hamilton Lane Launches Blockchain-Native Fund→

Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch

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According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization.  ETH Dominates Inflows The report highlights Ethereum’s strong momentum… Continue reading Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch→

Bullish Solana Forecast: Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle

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Solana (SOL), the fifth largest cryptocurrency in the industry, saw a notable resurgence over the weekend, in line with the broader market rally and Bitcoin’s (BTC) rebound towards the $63,000 mark for the first time in over a week.  SOL’s price has successfully recovered from the losses of the past few months, surpassing the $150… Continue reading Bullish Solana Forecast: Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle→

Solana Primed For Massive Gains: Crypto Pundit Forecasts $600 Price Target

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In recent weeks, Solana (SOL), the 5th largest cryptocurrency on the market, experienced a period of decline, hitting a two-month low of $121 on Friday. The coin’s value struggled to break above the $188 level in May, resulting in a continuous downtrend further exacerbated over the past seven days with the general market’s correction.  However,… Continue reading Solana Primed For Massive Gains: Crypto Pundit Forecasts $600 Price Target→

Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes

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Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months.  With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen… Continue reading Expert Reveals 7 Top Solana Meme Coins To Watch Amid ETF Approval Hopes→