Given that Solana (SOL) is at $220 right now, a 2025 prediction would account for this new price baseline and the factors at play over the next year or two. Let’s reframe the scenarios with this price in mind:

Revised Price Predictions for 2025:

1. Conservative Scenario ($250–$400):
In this scenario, Solana’s growth would be steady but not exponential. Factors contributing to this would include moderate adoption in DeFi and NFTs, alongside some competition but with Solana maintaining a unique position due to its speed and low fees.

2. Optimistic Scenario ($500+):
If Solana captures a larger market share from Ethereum or other layer-1s, becomes a leading choice for Web3 and enterprise applications, or significantly expands its ecosystem, the price could exceed $500. This scenario would also depend on a bullish crypto market and favorable regulatory conditions.

3. Pessimistic Scenario ($100–$150):
In this situation, Solana faces strong competition, potential security issues, or regulatory challenges that dampen adoption. Broader market downturns could also push prices down, leading to a retreat from the current price.

Additional Factors to Watch:

- Network Stability and Scalability: Any technical issues or improvements will influence Solana’s reputation and adoption.
- Global Economic Conditions: Broader financial conditions, inflation, and regulatory trends will heavily impact the entire crypto sector.
- Innovation and Partnerships: New partnerships or development within the Solana ecosystem could strongly affect demand for SOL.

If Solana continues its current momentum, holding above $220, it’s well-positioned to grow further, especially with broader Web3 adoption. But, as always, the crypto market is highly volatile, so these price points remain speculative.

❗❗NEWS YOU MIGHT HAVE MISSED ❗❗

1. Ethereum and Layer 2 Scalability:
In response to scalability and fragmentation issues on Ethereum, the =nil; Foundation has launched a testnet designed to improve Layer 2 solutions. This development aims to enhance Ethereum's capacity and user experience, supporting decentralized applications and transactions on the network.

2. Solana’s Growth:
Solana's recent surge has propelled its market cap to over $100 billion, outpacing the growth of Bitcoin and Ethereum during the recent bull run. This positions Solana as a strong contender in the DeFi space, gaining attention from both investors and developers.

3. Institutional Involvement:
Institutions continue to enter the crypto space. For example, BlackRock's IBIT platform has seen significant inflows into Bitcoin ETFs, marking a growing acceptance of cryptocurrency as an investment asset among traditional financial players

#BTCBreaks89k #AltCoinRush

Dogecoin’s Rise: From Meme Coin to Global Sensation

Dogecoin started as a joke in 2013 by software engineers Billy Markus and Jackson Palmer, who created it as a parody of the rapidly increasing number of altcoins. Featuring the Shiba Inu "Doge" meme, the coin quickly gained a following. Dogecoin's lighthearted community rallied around charitable causes, from funding NASCAR drivers to providing water in Kenya. In 2021, fueled by social media and endorsements from celebrities like Elon Musk, Dogecoin's value surged by over 20,000%, turning a meme into a multi-billion-dollar asset. This unlikely success story shows how the unpredictable and humorous side of crypto can lead to real financial gains.

#BTCBreaks89k #DogecoinPriceSurge

DID YOU KNOW ❓❓

The Winklevoss Twins: From Lawsuit Winnings to Billion-Dollar Bitcoin Holdings

The Winklevoss twins, Cameron and Tyler, initially became known for their involvement in a legal dispute with Mark Zuckerberg over Facebook. After receiving a $65 million settlement, they invested a portion into Bitcoin in 2012, when it was still worth less than $10. By the time Bitcoin reached its peak, the twins’ holdings reportedly made them some of the first Bitcoin billionaires. Today, they are influential figures in the crypto industry, founding the Gemini exchange and advocating for broader cryptocurrency adoption.

$BTC $ETH

COINTELEGRAPH REPORT :

Top Cardano (ADA) Price Predictions As Of Late

Is It Time For ADA To Shine?

Cardano’s ADA has performed quite well in the last quarter of 2023, with some analysts envisioning an even greater rally throughout 2024.

The host of the educational YouTube channel Coin Bureau is among the bulls. In one of his most recent videos, he outlined Cardano’s developments, setting a short-term target of $1.

The X (Twitter) user Lucid highlighted Cardano’s technology, blockchain, and community and predicted a price tag of $10.

The popular cryptocurrency analyst Ali Martinez also gave his two cents, arguing that ADA’s value trajectory has mirrored the 2018-2020 cycle.

“If this trend continues, we might see ADA consolidating around its current levels until April, setting the stage for a potential resumption of the bull run,” he added.

Recall that April will witness the Bitcoin halving – an event that has historically been followed by a BTC rally. Altcoins tend to follow the trajectory of the primary cryptocurrency, meaning that ADA could also be among the winners.

Last year, Dan Gambardello – Founder of Crypto Capital Venture – and the X user Tyler Strejilevich laid out even more bullish forecasts. The former claimed that the BTC halving would boost ADA’s price to $11, while the latter predicted a whopping 6,000% increase within the next 60 weeks.

Those curious to dive deeper into the matter could take a look at the ADA price bets featured in our dedicated video below:

The post Top Cardano (ADA) Price Predictions as of Late appeared first on CryptoPotato.

BlackRock CEO Larry Fink Backs Ether ETF

The asset management giant may now be looking to list an equivalent product for ether, the native token of the Ethereum blockchain, as part of its ongoing journey toward tokenization.

Larry Fink, the CEO of BlackRock (BLK), backed the notion of an ether (ETH) exchange-traded fund (ETF) a day after the much-anticipated bitcoin (BTC) ETF went live.
"I see value in having an Ethereum ETF,” Fink said in an interview with CNBC on Friday. "These are just stepping stones towards tokenization and I really do believe this is where we're going to be going."

BlackRock’s iShares Bitcoin Trust (IBIT) was one of the several such products to make its trading debut in the U.S. on Thursday after the Securities and Exchange Commission's (SEC) approved the funds on Wednesday. IBIT accounted for roughly $1 billion of the total $4.6 billion of trading volume that the ETFs collectively saw.

The asset management giant may now be looking to list an equivalent product for the native token of the Ethereum blockchain as part of its ongoing journey toward tokenization.
Tokenization is the term for representing assets (real word or digital) in the form of a token on the blockchain. Fink believes tokenization can eliminate matters related to money laundering and other corruption.
Fink also said he did not see cryptocurrency as a currency but as an asset class, referring specifically to bitcoin as “an asset class that protects you” against fears of geopolitical risk.

"It’s no different than what gold represented over thousands of years,” he said. "Unlike gold, we’re almost at the ceiling of the amount of bitcoin that can be created.”
#BTC #cpi #etf #ENS #ETH

Grayscale transfers $200M Bitcoin to Coinbase Prime hinting at possible ETF redemption activity.

Bitcoin ETFs see $720M inflow as Grayscale adjusts holdings with Coinbase transfer.

#BTC #cpi #etf #ENS #ETH

Future possibilities after bitcoin ETF approval -

1. **Increased Institutional Adoption:** Institutional investors may find it more accessible to invest in Bitcoin through ETFs, potentially leading to increased institutional adoption and inflows.

2. **Market Liquidity:** ETFs typically increase market liquidity, making it easier for investors to buy and sell Bitcoin. This can contribute to a more stable and mature market.

3. **Broader Market Participation:** Retail investors who prefer traditional investment vehicles may be more inclined to participate in the cryptocurrency market through an ETF, broadening the market base.

4. **Regulatory Clarity:** The approval of a Bitcoin ETF could provide regulatory clarity and set a precedent for how cryptocurrencies are treated in financial markets, potentially influencing further regulatory developments.

5. **Price Impact:** The increased accessibility and participation in the market may have an impact on Bitcoin's price, with both potential positive and negative effects.

6. **Derivative Products:** The approval could pave the way for the creation of more derivative products tied to Bitcoin, providing additional investment options for both institutional and retail investors.

7. **Market Maturation:** As traditional financial instruments like ETFs become more prevalent in the cryptocurrency space, the market may mature, attracting a broader range of participants and potentially reducing volatility.

8. **Increased Regulatory Scrutiny:** With the growing influence of Bitcoin through ETFs, regulators may intensify their scrutiny to ensure investor protection, potentially introducing additional regulations or oversight.

9. **Global Impact:** The approval of a Bitcoin ETF in one jurisdiction may encourage other countries to consider similar financial instruments, leading to a more globally integrated cryptocurrency market.

#BTC #cpi #etf #ENS #ETH

Bitcoin’s decline since the start of trading of exchange-traded funds that hold the cryptocurrency was driven in part by sales of Grayscale Bitcoin Trust shares, according to SkyBridge Capital founder Anthony Scaramucci.

“There seems to be of lot of selling of Grayscale,” Scaramucci said during a Bloomberg Television interview on Friday.

The hedge fund manager said that his trading desk noted that holders of the shares, which were converted from a trust this week when the US Securities and Exchange Commission signed off on the ETFs, were selling to book losses and shifting to lower fee alternatives.

Selling one Bitcoin product to buy another should not impact Bitcoin’s price, said Zach Pandl, Grayscale’s managing director or research. The potential approval of spot Bitcoin ETFs has been a topic of conversation since Grayscale’s court victory last summer. Following the sharp run-up in Bitcoin’s valuations, it’s natural to see some profit taking in the asset, he said.

GBTC, which has existed since 2013, posted $2.3 billion in volume on Thursday, the largest first-day turnover ever for an ETF. It has been one of the most popular channels to gain exposure to Bitcoin. On Thursday, the original cryptocurrency broke through $49,000, hitting a two-year high. It fell below $43,000 on Friday.

#BTC #cpi #etf #ENS #ETH

Bitcoin Drops Back Below $42,000 as ETF Optimism Evaporates
#BTC #cpi #etf #ETH #ENS

Resistance but Will it Explode? Three Things to Watch During the Weekend (Shiba Inu Price Analysis) :

Shiba Inu made an impressive recovery this week, but can it break the key resistance?

Key Support levels: $0.0000095

Key Resistance levels: $0.000010

1. Reversal in Progress
After a difficult start in 2024, SHIB has finally returned on the uptrend, with buyers keen to get exposure. The price is rallying and is quickly approaching the key resistance at $0.000010. The current support is at $0.0000095.

2. Momentum Shifts Bullish
The RSI on the daily timeframe has moved above 50 points, putting an end to the downtrend. This change in the price action is also supported by an increased buy volume.

3. Bullish Cross on MACD Soon?
This week’s price action has made the daily MACD histogram make higher lows, and now a bullish cross appears imminent if bulls maintain the pressure. The only obstacle remains the key resistance.

Bias
The bias for SHIB is bullish.

Short-Term Prediction for SHIB Price
Watch the key resistance at $0.000010. If broken, SHIB could enter a sustain rally with new highs in January.
#BTC #cpi #etf #ENS #ETH #shib$BTC $ETH $BNB
#doge #altcoins #sec ##halving

#$BTC $ETH $BNB Elizabeth Warren: SEC 'Wrong on the Law' Over Bitcoin ETF Approval:

U.S. Senator Elizabeth Warren (D-MA) has criticized the Securities and Exchange Commission's (SEC) approval of multiple spot Bitcoin ETFs.

In a post on Twitter, Warren said that the regulator was "wrong on the law and wrong on the policy" regarding the decision to approve spot Bitcoin ETFs from asset managers including BlackRock, Grayscale and Ark Invest.

She added that, "If the SEC is going to let crypto burrow even deeper into our financial system, then it's more urgent than ever that crypto follow basic anti-money laundering rules."

In a statement following the approval of the ETFs, SEC chair Gary Gensler said that, "I have often said that the Commission acts within the law and how the courts interpret the law,” and that circumstances had "changed" after a court order forced the regulator to review Grayscale's application.

At the time, the court found that the SEC had lacked a coherent explanation for its denial of Grayscale's application to convert its Grayscale Bitcoin Trust (GBTC) product into a spot Bitcoin ETF, given that it had already approved Bitcoin futures ETFs—calling the "unlike regulatory treatment of like products" unlawful.

Elizabeth Warren vs crypto:

Warren has repeatedly criticized cryptocurrency and the crypto industry, linking it to money laundering and terrorist financing, and claiming that groups such as Hamas and Islamic Jihad have raised "over $130 million in crypto." The figure has been disputed by blockchain analytics firm Elliptic, which claims that a Wall Street Journal article cited by Warren had "misinterpreted" data provided by the firm.

The Senator has called for the Bank Secrecy Act to be updated to address the "threat" of cryptocurrency, and is the sponsor of the Digital Asset Anti-Money Laundering Act, a bill that aims to expand know-your customer (KYC) requirements to a wide range of blockchain infrastructure providers and participants.
#BTC #cpi #etf #ENS #ETH

Bitcoin ETFs Start With a Bang: $4.5 Billion on Day One of Trading.

BlackRock stole the show, but Grayscale may have been the biggest winner. The crypto-native fund enjoyed its best day of trading ever.

The freshman BTC funds managed to clear $4.5 billion worth of volume and hit a few standout milestones.

If that sounds like a big number, it’s because it is. Despite all the hullabaloo, market observers did not expect such a big debut across the board. “Even attaining $500 million in day-one inflows is a noteworthy challenge,” Adam Guren, co-founder of crypto hedge fund Hunting Hill Digital

It seems like the appetite for Bitcoin from Wall Street investors, who can now gain exposure to BTC without storing or holding the asset directly—and who have been denied the option by the SEC for over a decade, was indeed there all along.

#btc #cpi #etf #ENS #ETH #blackrock #halving #xrp #altcoins$BTC