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The voting on Bitcoin (BTC) and Exchange Traded Funds (ETFs) has become a
focal point during the current bull run, highlighting the growing
interest of investors in cryptocurrencies and their integration into
traditional financial markets. BTC, as the leading cryptocurrency, is
experiencing a significant increase in its value, reinforcing confidence
in its stability and acceptance as an investment vehicle. ETFs that
include cryptocurrencies like Bitcoin offer investors a more accessible
and regulated way to enter this market. This vote underscores the
ambition of institutional investors to incorporate cryptocurrencies into
their portfolios, reflecting an increasing acceptance of digital
currencies by the general public. The bull market has also drawn the
attention of regulatory bodies, who are now challenged to establish
clear guidelines for crypto investments and products. Overall, the
voting between BTC and ETFs marks a significant development in the
financial world and could pave the way for further innovations and
acceptance of cryptocurrencies.
#BTC #ETH #SolanaTrade
focal point during the current bull run, highlighting the growing
interest of investors in cryptocurrencies and their integration into
traditional financial markets. BTC, as the leading cryptocurrency, is
experiencing a significant increase in its value, reinforcing confidence
in its stability and acceptance as an investment vehicle. ETFs that
include cryptocurrencies like Bitcoin offer investors a more accessible
and regulated way to enter this market. This vote underscores the
ambition of institutional investors to incorporate cryptocurrencies into
their portfolios, reflecting an increasing acceptance of digital
currencies by the general public. The bull market has also drawn the
attention of regulatory bodies, who are now challenged to establish
clear guidelines for crypto investments and products. Overall, the
voting between BTC and ETFs marks a significant development in the
financial world and could pave the way for further innovations and
acceptance of cryptocurrencies.
#BTC #ETH #SolanaTrade
Solana flips Ethereum in Google search interest: Data
Solana saw more search interest in countries like Spain and the Philippines, while Ethereum came tops in Indonesia, Taiwan and Morocco
#ETH #SolanaTrade
Solana saw more search interest in countries like Spain and the Philippines, while Ethereum came tops in Indonesia, Taiwan and Morocco
#ETH #SolanaTrade
LIVE
TopCryptoNews
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Solana Poised For Major Upside: Analyst Predicts 47% Surge After Price Breakout
With the recent approval of Bitcoin exchange-traded funds (ETFs) injecting new inflows and igniting a sense of bullish sentiment in the market, Solana (SOL) is emerging as one of the top gainers in the past 24 hours.
The cryptocurrency has experienced a 4.5% surge, trading at $99, aiming to reclaim the significant $100 milestone lost during a recent deep correction.
Solana Bulls Targeting $150-$165 Price Range
Solana, holding the fifth position among cryptocurrencies by market capitalization, could undergo a substantial price surge if the current upward momentum continues and successfully breaks out of its downtrend correction.
Renowned crypto analyst Ali Martinez suggests that Solana is breaking out from a bullish flag pattern formed on the 4-hour chart.
A sustained close above the $106 mark can trigger a remarkable 47% rally, propelling SOL towards the price range of $150 to $165.
However, at the time of writing, Solana has retraced below the upper boundary of the bull flag formation, which is positioned at $103.
Nevertheless, a breakout could be imminent if the growing interest in the token persists alongside a sustained bullish momentum. This scenario would position SOL to regain its previously lost highs and set its course toward Ali Martinez’s price targets within $150 to $165.
SOL Market Cap Quadruples, DeFi, And NFT Metrics Skyrocket
Solana has showcased remarkable performance during the fourth quarter of 2023, positioning itself as a leader in the crypto market rally, according to a recent report by Messari.
One of the key achievements for Solana in Q4 was its notable increase in market capitalization. SOL concluded the year with a market cap of $43.8 billion, marking a staggering 423% quarter-on-quarter (QoQ) growth and an astonishing 1,106% year-on-year (YoY) increase.
This growth propelled SOL to surpass notable tokens such as ADA, USDC, and XRP in market cap, securing the 5th position among all tokens. It is worth noting that Solana began 2023 ranked 17th in market capitalization, highlighting its exponential rise in prominence.
The Solana network’s decentralized finance (DeFi) Total Value Locked (TVL) also experienced significant growth. Solana’s DeFi TVL increased by 303% QoQ and an impressive 505% YoY, reaching $1.5 billion.
The report also highlights the notable increase in DeFi volume on the Solana network. The average daily spot DEX volume experienced a staggering 1,116% QoQ growth, reaching $359 million.
Among the contributors to this growth, Orca accounted for 45% of the Q4 volumes, followed by Raydium with a 29% market share. Phoenix, a fully on-chain central limit order book, stood out by averaging over 9% of the DEX volume market share.
Solana’s influence in the NFT space also saw substantial growth during Q4. The average daily NFT volume increased by 356% QoQ, reaching $4.8 million. Solana’s market share of NFT volume, excluding Bitcoin, grew from 9% to 26% QoQ, demonstrating its increasing significance in the NFT market.
$SOL #sol
The cryptocurrency has experienced a 4.5% surge, trading at $99, aiming to reclaim the significant $100 milestone lost during a recent deep correction.
Solana Bulls Targeting $150-$165 Price Range
Solana, holding the fifth position among cryptocurrencies by market capitalization, could undergo a substantial price surge if the current upward momentum continues and successfully breaks out of its downtrend correction.
Renowned crypto analyst Ali Martinez suggests that Solana is breaking out from a bullish flag pattern formed on the 4-hour chart.
A sustained close above the $106 mark can trigger a remarkable 47% rally, propelling SOL towards the price range of $150 to $165.
However, at the time of writing, Solana has retraced below the upper boundary of the bull flag formation, which is positioned at $103.
Nevertheless, a breakout could be imminent if the growing interest in the token persists alongside a sustained bullish momentum. This scenario would position SOL to regain its previously lost highs and set its course toward Ali Martinez’s price targets within $150 to $165.
SOL Market Cap Quadruples, DeFi, And NFT Metrics Skyrocket
Solana has showcased remarkable performance during the fourth quarter of 2023, positioning itself as a leader in the crypto market rally, according to a recent report by Messari.
One of the key achievements for Solana in Q4 was its notable increase in market capitalization. SOL concluded the year with a market cap of $43.8 billion, marking a staggering 423% quarter-on-quarter (QoQ) growth and an astonishing 1,106% year-on-year (YoY) increase.
This growth propelled SOL to surpass notable tokens such as ADA, USDC, and XRP in market cap, securing the 5th position among all tokens. It is worth noting that Solana began 2023 ranked 17th in market capitalization, highlighting its exponential rise in prominence.
The Solana network’s decentralized finance (DeFi) Total Value Locked (TVL) also experienced significant growth. Solana’s DeFi TVL increased by 303% QoQ and an impressive 505% YoY, reaching $1.5 billion.
The report also highlights the notable increase in DeFi volume on the Solana network. The average daily spot DEX volume experienced a staggering 1,116% QoQ growth, reaching $359 million.
Among the contributors to this growth, Orca accounted for 45% of the Q4 volumes, followed by Raydium with a 29% market share. Phoenix, a fully on-chain central limit order book, stood out by averaging over 9% of the DEX volume market share.
Solana’s influence in the NFT space also saw substantial growth during Q4. The average daily NFT volume increased by 356% QoQ, reaching $4.8 million. Solana’s market share of NFT volume, excluding Bitcoin, grew from 9% to 26% QoQ, demonstrating its increasing significance in the NFT market.
$SOL #sol
A friend of mine bet on the signals I mentioned and sent me a screenshot of his profit. For More Profitable signals Follo My Channel #Solana-SOL #SolanaTrade $SOL
---Will Solana continue to outperform ETH as DeFi TVL returns in 2024?---
$SOL is anticipated to ascend to a top-three position in blockchain rankings based on market capitalization, Total Value Locked (TVL), and active user metrics.
This surge in prominence is expected to propel Solana into the competition for spot ETFs, with numerous asset managers submitting regulatory filings. Concurrently, as Solana continues to capture a larger share of the market, there is a viable scenario where Pyth, a Solana-based price oracle, surpasses Chainlink in Total Value Secured (“TVS”).
Presently, Chainlink holds a TVS of approximately $15 billion, overshadowing Pyth's <$2 billion, a dominance primarily established through blue-chip DeFi protocols on the Ethereum mainnet.
However, with the continuous growth of TVL on high-throughput chains like Solana and Chainlink facing challenges in garnering institutional adoption for its LINK token, Pyth is expected to gain substantial market share.
This is underpinned by several innovative features, including its "pull" architecture and a confidence interval system.
#SolanaTrade #sol #SOLETH
(Solana Total Value Locked)
$SOL is anticipated to ascend to a top-three position in blockchain rankings based on market capitalization, Total Value Locked (TVL), and active user metrics.
This surge in prominence is expected to propel Solana into the competition for spot ETFs, with numerous asset managers submitting regulatory filings. Concurrently, as Solana continues to capture a larger share of the market, there is a viable scenario where Pyth, a Solana-based price oracle, surpasses Chainlink in Total Value Secured (“TVS”).
Presently, Chainlink holds a TVS of approximately $15 billion, overshadowing Pyth's <$2 billion, a dominance primarily established through blue-chip DeFi protocols on the Ethereum mainnet.
However, with the continuous growth of TVL on high-throughput chains like Solana and Chainlink facing challenges in garnering institutional adoption for its LINK token, Pyth is expected to gain substantial market share.
This is underpinned by several innovative features, including its "pull" architecture and a confidence interval system.
#SolanaTrade #sol #SOLETH
(Solana Total Value Locked)
🚀💰 Unbelievable Solana Surge: 567x Profit in 5 Seconds! 😱💥
Hold onto your seats, crypto enthusiasts! 🚀🌌 Another jaw-dropping success story unfolds in the Solana ecosystem, showcasing the incredible potential for astronomical gains.
In a lightning-fast move, a savvy investor dove into the Solana-powered MYRA token just 5 seconds after its debut. Armed with only 3 SOLs, this trailblazer secured a whopping 62 million MYRA tokens, catapulting their investment into the stratosphere with a mind-blowing 567 times earnings within a single day! 💸💹
According to the insightful on-chain data from Lookonchain, this financial virtuoso transacted 1703 SOLs, converting a modest 3 SOLs into a staggering 1700 SOLs in a mere 24 hours. 🚀💪
The plot thickens as a mysterious whale swiftly sold 33 million MYRA units, reaping a hefty 603 SOLs and retaining possession of 28.7 million MYRA tokens, equivalent to 1100 SOLs.
🤔 Who are the masterminds behind these lightning-fast transactions? Developers steering the project towards success or the project's ingenious owners? The intrigue deepens as such rapid purchases spark curiosity and skepticism within the crypto community.
Solana's prowess continues to astonish, delivering unprecedented gains and fueling the excitement within the crypto space. 🌐💡
What are your thoughts on this incredible Solana surge? Share your opinions and let's unravel the mysteries of crypto together! 💬🚀
Remember to like, share, and follow @MemeLauncher for more thrilling crypto updates! 🌐🚀
Let's ride the crypto wave to new heights! 🚀🌊 #sol #binance #crypto2023 #Solana-SOL #SolanaTrade
Hold onto your seats, crypto enthusiasts! 🚀🌌 Another jaw-dropping success story unfolds in the Solana ecosystem, showcasing the incredible potential for astronomical gains.
In a lightning-fast move, a savvy investor dove into the Solana-powered MYRA token just 5 seconds after its debut. Armed with only 3 SOLs, this trailblazer secured a whopping 62 million MYRA tokens, catapulting their investment into the stratosphere with a mind-blowing 567 times earnings within a single day! 💸💹
According to the insightful on-chain data from Lookonchain, this financial virtuoso transacted 1703 SOLs, converting a modest 3 SOLs into a staggering 1700 SOLs in a mere 24 hours. 🚀💪
The plot thickens as a mysterious whale swiftly sold 33 million MYRA units, reaping a hefty 603 SOLs and retaining possession of 28.7 million MYRA tokens, equivalent to 1100 SOLs.
🤔 Who are the masterminds behind these lightning-fast transactions? Developers steering the project towards success or the project's ingenious owners? The intrigue deepens as such rapid purchases spark curiosity and skepticism within the crypto community.
Solana's prowess continues to astonish, delivering unprecedented gains and fueling the excitement within the crypto space. 🌐💡
What are your thoughts on this incredible Solana surge? Share your opinions and let's unravel the mysteries of crypto together! 💬🚀
Remember to like, share, and follow @MemeLauncher for more thrilling crypto updates! 🌐🚀
Let's ride the crypto wave to new heights! 🚀🌊 #sol #binance #crypto2023 #Solana-SOL #SolanaTrade
3 Top Cryptos Under $1 To Invest In For 2024: Unveiling Hidden Gems😱😱😱
The cryptocurrency market experienced a notable disruption when the US Securities and Exchange Commission's (SEC) social media account was compromised, leading to a false announcement about the approval of Bitcoin exchange-traded funds (ETF), briefly causing Bitcoin prices to surge, and thus highlighting the market's sensitivity to regulatory news.
In the context of the recent SEC-related misinformation incident and its ripple effects across the crypto market, the focus is on lower-priced cryptocurrencies like Ripple (XRP), Stellar (XLM), and Fantom (FTM), all trading below $1, which are positioned to react to these market dynamics and regulatory shifts.
Amid the market's unpredictable responses to regulatory developments, the presale of PawFury (PAW) is emerging as a notable project. Its approach appears to offer a more stable and predictable path within the crypto landscape. This focus on stability is particularly appealing to investors navigating the often turbulent and reaction-sensitive cryptocurrency market.
#BTC
#ENS #ETH #BONK #SolanaTrade
The cryptocurrency market experienced a notable disruption when the US Securities and Exchange Commission's (SEC) social media account was compromised, leading to a false announcement about the approval of Bitcoin exchange-traded funds (ETF), briefly causing Bitcoin prices to surge, and thus highlighting the market's sensitivity to regulatory news.
In the context of the recent SEC-related misinformation incident and its ripple effects across the crypto market, the focus is on lower-priced cryptocurrencies like Ripple (XRP), Stellar (XLM), and Fantom (FTM), all trading below $1, which are positioned to react to these market dynamics and regulatory shifts.
Amid the market's unpredictable responses to regulatory developments, the presale of PawFury (PAW) is emerging as a notable project. Its approach appears to offer a more stable and predictable path within the crypto landscape. This focus on stability is particularly appealing to investors navigating the often turbulent and reaction-sensitive cryptocurrency market.
#BTC
#ENS #ETH #BONK #SolanaTrade
#SOL / USDT
Breakout done✅
Currently price in retest mode.
92$ can be a pick.
As Solana can bounce from here.
Keep an eye on it.
#Write2Earn #SOLUSDT! #Solana-SOL #SolanaTrade
Breakout done✅
Currently price in retest mode.
92$ can be a pick.
As Solana can bounce from here.
Keep an eye on it.
#Write2Earn #SOLUSDT! #Solana-SOL #SolanaTrade
What happens to BTC 📉📈and why crushed down ?
looks my previous post about btc .
I,ve already discussed that what are happening to BTC in the next 24 hours.
#BTC #SolanaTrade @followers
Follow for more info😘😘📈📈📉📉
looks my previous post about btc .
I,ve already discussed that what are happening to BTC in the next 24 hours.
#BTC #SolanaTrade @followers
Follow for more info😘😘📈📈📉📉
Hello all traders 😊😊❤️
what's happened to BTC in the next 24hours, if you looks the chat you will clearly see that resistance level 🎚️ clearly Breakout .
If #BTC don't turn back to resistance level and the market closed 🔒 above the resistance level 🎚️ then resistance level will take the place of support level and #BTC will go upward .
If #BTC return back to resistance level 🎚️ and break the resistance ,then BTC will go downside .
So be careful and wait for full confirmation to avoid loose and make a profitable trading .
follow for more 🤑🤑😘😘
Disclaimer ; it's just for educational purposes , otherwise trade according to your own analysis .
#BTC!💰 #Solana/USDT .
what's happened to BTC in the next 24hours, if you looks the chat you will clearly see that resistance level 🎚️ clearly Breakout .
If #BTC don't turn back to resistance level and the market closed 🔒 above the resistance level 🎚️ then resistance level will take the place of support level and #BTC will go upward .
If #BTC return back to resistance level 🎚️ and break the resistance ,then BTC will go downside .
So be careful and wait for full confirmation to avoid loose and make a profitable trading .
follow for more 🤑🤑😘😘
Disclaimer ; it's just for educational purposes , otherwise trade according to your own analysis .
#BTC!💰 #Solana/USDT .
The Grizzlython project directory is now live!
Check out the next generation of Solana startups. Winners will be announced in early April. 🔥
#Solana-SOL #SolanaTrade
👇
https://solana.com/grizzlython/projects
Check out the next generation of Solana startups. Winners will be announced in early April. 🔥
#Solana-SOL #SolanaTrade
👇
https://solana.com/grizzlython/projects
Price Prediction – Where Next for Solana (SOL)?
The unpredictability of year-end flows means it hard to say whether SOL will finish the year above or below $100.
The risk of a pullback to the key long-term $75-80 area remains on the cards, given this level wasn’t previously retested on the way up.
But the strong uptrend that has been in play since October remains very much in play.
Dips remain subject to being bought, assuming the broader crypto bull market remains in full swing.
SOL remains odds on to test its April 2022 highs in the $140s in early 2024#SolanaTrade #SOL100 $SOL
The unpredictability of year-end flows means it hard to say whether SOL will finish the year above or below $100.
The risk of a pullback to the key long-term $75-80 area remains on the cards, given this level wasn’t previously retested on the way up.
But the strong uptrend that has been in play since October remains very much in play.
Dips remain subject to being bought, assuming the broader crypto bull market remains in full swing.
SOL remains odds on to test its April 2022 highs in the $140s in early 2024#SolanaTrade #SOL100 $SOL
#SolanaTrade Solana's Price Dance: A Wobble, but Still in the Spotlight!
Fellow crypto enthusiasts, let's turn our gaze to Solana (SOL), the blockchain aiming for lightning-fast transactions. While the broader market shows a cautious optimism today, Solana's price has taken a slight dip. But fear not, there's still plenty to unpack!
Current Snapshot:
Price: $103.85 USD (as of December 30, 2023
24-hour change: -1.97% (a gentle downward slope)
Market Cap: $44.58 Billion USD (placing it firmly in the top 5)
Trading Volume: $2.01 Billion USD (showing continued interest)
What's Behind the Dip?
Several factors could be contributing to Solana's price movement:
General market sentiment: The broader crypto market is still navigating some uncertainty, which can impact individual tokens like SOL.
Profit-taking: After a strong run in November, some investors might be cashing out their gains, leading to a temporary price correction.
Technical factors: The on-chain metrics for SOL are still healthy, but short-term technical analysis might be indicating a potential pullback.
But Wait, There's More!
Despite the dip, Solana remains a force to be reckoned with in the crypto world. Here's why:
Blazing-fast speeds: Solana boasts incredibly fast transaction processing, attracting developers and users seeking efficiency.
Thriving ecosystem: The Solana ecosystem is brimming with DeFi projects, NFTs, and other innovative applications.
So, Should You Be Worried?
Not necessarily! A slight price dip is a normal part of any healthy market. While short-term fluctuations can be unpredictable, Solana's fundamentals remain strong, and its long-term potential is undeniable.
The Takeaway:
Keep an eye on Solana's price in the coming days, but remember, the crypto market is a marathon, not a sprint. Focus on the bigger picture, consider your investment goals, and do your own research before making any decisions.
And now, it's your turn! What are your thoughts on Solana's price movement? Share your insights and predictions in the comments below!
Fellow crypto enthusiasts, let's turn our gaze to Solana (SOL), the blockchain aiming for lightning-fast transactions. While the broader market shows a cautious optimism today, Solana's price has taken a slight dip. But fear not, there's still plenty to unpack!
Current Snapshot:
Price: $103.85 USD (as of December 30, 2023
24-hour change: -1.97% (a gentle downward slope)
Market Cap: $44.58 Billion USD (placing it firmly in the top 5)
Trading Volume: $2.01 Billion USD (showing continued interest)
What's Behind the Dip?
Several factors could be contributing to Solana's price movement:
General market sentiment: The broader crypto market is still navigating some uncertainty, which can impact individual tokens like SOL.
Profit-taking: After a strong run in November, some investors might be cashing out their gains, leading to a temporary price correction.
Technical factors: The on-chain metrics for SOL are still healthy, but short-term technical analysis might be indicating a potential pullback.
But Wait, There's More!
Despite the dip, Solana remains a force to be reckoned with in the crypto world. Here's why:
Blazing-fast speeds: Solana boasts incredibly fast transaction processing, attracting developers and users seeking efficiency.
Thriving ecosystem: The Solana ecosystem is brimming with DeFi projects, NFTs, and other innovative applications.
So, Should You Be Worried?
Not necessarily! A slight price dip is a normal part of any healthy market. While short-term fluctuations can be unpredictable, Solana's fundamentals remain strong, and its long-term potential is undeniable.
The Takeaway:
Keep an eye on Solana's price in the coming days, but remember, the crypto market is a marathon, not a sprint. Focus on the bigger picture, consider your investment goals, and do your own research before making any decisions.
And now, it's your turn! What are your thoughts on Solana's price movement? Share your insights and predictions in the comments below!
#SolanaTrade
Signal Type
Long 📈
Please like and Follow for more signals on time with 90% accuracy rate.
Reason of bullishness
As you can see in chart attached that SOL formed bull flag and breakout successful done.it came for retest and successfully retest done now going to surge soon.Try to avail this opportunity.
Entry Price: current
Taegets
1: 115
2: 120
3: 125
4: 128
Leverage 10x Cross
Use Less margin about 3-5 percent
Spot Holder can hold this gem Coin.
Signal Type
Long 📈
Please like and Follow for more signals on time with 90% accuracy rate.
Reason of bullishness
As you can see in chart attached that SOL formed bull flag and breakout successful done.it came for retest and successfully retest done now going to surge soon.Try to avail this opportunity.
Entry Price: current
Taegets
1: 115
2: 120
3: 125
4: 128
Leverage 10x Cross
Use Less margin about 3-5 percent
Spot Holder can hold this gem Coin.
$HIBBY $SOL
GO CHECK IT OUT
JOIN THE WINNING TEAM AND CONGRATULATE YOURSELF!
THIS IS THE DAY YOU WILL SAID TO YOURSELF THAT YOU HAVE HONESTLY MADE IT.
The community driven token
which you might know from the sudden like from Disney on their post! their team is doing a lot of work, so grab the opportunity with $hibby
Join community 🌏
📬 t.me/hibbymonkey
@HibbyMonkey
@hocine2030-dz @Crypto Pump Pro Trading @QYZMET
#SolanaTrade #TradeNTell #MarketInsight #CryptoTradeAlert
GO CHECK IT OUT
JOIN THE WINNING TEAM AND CONGRATULATE YOURSELF!
THIS IS THE DAY YOU WILL SAID TO YOURSELF THAT YOU HAVE HONESTLY MADE IT.
The community driven token
which you might know from the sudden like from Disney on their post! their team is doing a lot of work, so grab the opportunity with $hibby
Join community 🌏
📬 t.me/hibbymonkey
@HibbyMonkey
@hocine2030-dz @Crypto Pump Pro Trading @QYZMET
#SolanaTrade #TradeNTell #MarketInsight #CryptoTradeAlert
Solana (SOL) Stakers to Get Exciting Rewards From Major Crypto Exchange.
Solana (SOL) stakers have a reason to celebrate, as major crypto exchange Crypto.com has launched a new promotional campaign.
Here, eligible holders have a chance to win a share of $20,000 in BTC by staking ETH and/or SOL.
The Crypto.com app's on-chain staking feature provides regular rewards for over 10 popular cryptocurrencies, including ETH, SOL and DOT, as well as an unlimited staking quota and the ability to unstake at any moment after activation.
As a special bonus, Crypto.com states that users who make the most of the feature can win a share of $20,000 worth of BTC for a limited time. Eligible participants also stand to benefit from both parts of the campaign and take home a total of $40 in BTC.
The campaign period, which began in late December, runs until April 10, 2024, at 12:00 a.m. UTC. The staking period runs for three months starting from Jan. 10, 2024, at 10:00a.m. UTC.
SOL users can participate in a Staking Challenge with $10,000 in the Reward Pool: the top 500 users ranked by the average amount of their SOL stake over the 90 days until April 10 2024 will each win $20 in BTC.
Solana price action.
Solana, the fifth largest cryptocurrency by market capitalization, saw a meteoric price jump in 2023, rallying thousands of percent.
Positive factors, such as hype for the blockchain's fast transactions, low fees and a batch of meme coins issued on the blockchain, pushed SOL token prices to about $120, up from $38 at the start of November.
Value locked on Solana applications increased in lockstep, climbing to $1.3 billion in tokens from $400 million in November to levels last seen in July 2022.
Although prices have significantly declined, SOL currently trades around the $90 range.
#Solana-SOL #SolanaTrade
Solana (SOL) stakers have a reason to celebrate, as major crypto exchange Crypto.com has launched a new promotional campaign.
Here, eligible holders have a chance to win a share of $20,000 in BTC by staking ETH and/or SOL.
The Crypto.com app's on-chain staking feature provides regular rewards for over 10 popular cryptocurrencies, including ETH, SOL and DOT, as well as an unlimited staking quota and the ability to unstake at any moment after activation.
As a special bonus, Crypto.com states that users who make the most of the feature can win a share of $20,000 worth of BTC for a limited time. Eligible participants also stand to benefit from both parts of the campaign and take home a total of $40 in BTC.
The campaign period, which began in late December, runs until April 10, 2024, at 12:00 a.m. UTC. The staking period runs for three months starting from Jan. 10, 2024, at 10:00a.m. UTC.
SOL users can participate in a Staking Challenge with $10,000 in the Reward Pool: the top 500 users ranked by the average amount of their SOL stake over the 90 days until April 10 2024 will each win $20 in BTC.
Solana price action.
Solana, the fifth largest cryptocurrency by market capitalization, saw a meteoric price jump in 2023, rallying thousands of percent.
Positive factors, such as hype for the blockchain's fast transactions, low fees and a batch of meme coins issued on the blockchain, pushed SOL token prices to about $120, up from $38 at the start of November.
Value locked on Solana applications increased in lockstep, climbing to $1.3 billion in tokens from $400 million in November to levels last seen in July 2022.
Although prices have significantly declined, SOL currently trades around the $90 range.
#Solana-SOL #SolanaTrade
$BTC $ETH $BNB #SolanaTrade #
BTC 📢📢Bitcoin Alert: Potential Dip to $32,000 Post Spot ETF Approval
⛔️Warning from Data Provider - 'Sell the News' Scenario Looms
🚫As Bitcoin enthusiasts anticipate the approval of a spot ETF, CryptoQuant issues a cautionary note, predicting a possible downward correction to $32,000 post- approval.
🚫Understanding the 'Sell the News' Dynamics:
🚫In a typical 'sell the news' event, prices, leverage, and sentiment surge in anticipation of a positive development. However, smart traders exploit the crowded long trade, leading to a subsequent drop. This scenario is a common occurrence in capital markets.
🚫Factors Contributing to the Warning:CryptoQuant points to high unrealized profit margins of 30% among short-term Bitcoin holders, historically preceding price corrections. Additionally, short-term holders are still spending Bitcoin at a profit, a trend that usually shifts after short-term losses are realized.
🚫Portfolio Management Advisory from Capriole Investments:
Capriole Investments advises "conservative portfolio management" ahead of the potential ETF approval. With Bitcoin's recent surge of over 60%, the firm highlights increased risk for long Bitcoin positions, emphasizing the need to anticipate larger volatility events.
Historical Context:
Referencing past instances, Bitcoin has witnessed 'sell the news' events in 2017 and 2021. In 2017, after the launch of BTC futuresby CME, Bitcoin peaked at $20,000 but declined in the following months. Similarly, in 2021, after Coinbase's public debut, Bitcoin reached $65,000 before losing value.
Current Bitcoin Status:
As of now, Bitcoin is trading at $42,450, starting the year at $16,000. The daily trading volume remains stable at $80 billion, according to CoinMarketCap.
Stay Informed, Stay Cautious: Follow The Defidraft for Real-time Updates!
BTC 📢📢Bitcoin Alert: Potential Dip to $32,000 Post Spot ETF Approval
⛔️Warning from Data Provider - 'Sell the News' Scenario Looms
🚫As Bitcoin enthusiasts anticipate the approval of a spot ETF, CryptoQuant issues a cautionary note, predicting a possible downward correction to $32,000 post- approval.
🚫Understanding the 'Sell the News' Dynamics:
🚫In a typical 'sell the news' event, prices, leverage, and sentiment surge in anticipation of a positive development. However, smart traders exploit the crowded long trade, leading to a subsequent drop. This scenario is a common occurrence in capital markets.
🚫Factors Contributing to the Warning:CryptoQuant points to high unrealized profit margins of 30% among short-term Bitcoin holders, historically preceding price corrections. Additionally, short-term holders are still spending Bitcoin at a profit, a trend that usually shifts after short-term losses are realized.
🚫Portfolio Management Advisory from Capriole Investments:
Capriole Investments advises "conservative portfolio management" ahead of the potential ETF approval. With Bitcoin's recent surge of over 60%, the firm highlights increased risk for long Bitcoin positions, emphasizing the need to anticipate larger volatility events.
Historical Context:
Referencing past instances, Bitcoin has witnessed 'sell the news' events in 2017 and 2021. In 2017, after the launch of BTC futuresby CME, Bitcoin peaked at $20,000 but declined in the following months. Similarly, in 2021, after Coinbase's public debut, Bitcoin reached $65,000 before losing value.
Current Bitcoin Status:
As of now, Bitcoin is trading at $42,450, starting the year at $16,000. The daily trading volume remains stable at $80 billion, according to CoinMarketCap.
Stay Informed, Stay Cautious: Follow The Defidraft for Real-time Updates!
🚀 Solana Bulls Eyeing Sky-High Targets! 🎯
Crypto analyst Javon Marks has set his sights on Solana ( $SOL ), proposing an ambitious long-term target of $600. Recent SOL price movements hint at a 45% surge, nearing the initial target of $233.719. Marks speculates on a potential 126% surge, paving the way for SOL to soar beyond.
🔍 Zooming into the price action, altFINS research group identifies Solana forming a bull flag continuation pattern. This temporary consolidation positions SOL for a bullish move towards the next target at $125. Initial support holds firm at $80, with stop losses around $75 for swing traders.
📈 Bull flags, known for their reliability in re-entering uptrends, suggest a brief pause before a substantial upward stretch. With Solana showing upward trends across various timeframes, the odds favor a continuation of its powerful rally.
💡 In summary, both short- and long-term analyses point to breakout potential for Solana. As it consolidates recent gains, the risk/reward ratio looks strong for bullish investors.
Stay tuned for more updates! Like, share, and follow @MemeLauncher for the latest insights in the crypto space! 🌐🚀
#Solana #CryptoAnalysis #sol #SolanaTrade #Solana.price.expectations
Crypto analyst Javon Marks has set his sights on Solana ( $SOL ), proposing an ambitious long-term target of $600. Recent SOL price movements hint at a 45% surge, nearing the initial target of $233.719. Marks speculates on a potential 126% surge, paving the way for SOL to soar beyond.
🔍 Zooming into the price action, altFINS research group identifies Solana forming a bull flag continuation pattern. This temporary consolidation positions SOL for a bullish move towards the next target at $125. Initial support holds firm at $80, with stop losses around $75 for swing traders.
📈 Bull flags, known for their reliability in re-entering uptrends, suggest a brief pause before a substantial upward stretch. With Solana showing upward trends across various timeframes, the odds favor a continuation of its powerful rally.
💡 In summary, both short- and long-term analyses point to breakout potential for Solana. As it consolidates recent gains, the risk/reward ratio looks strong for bullish investors.
Stay tuned for more updates! Like, share, and follow @MemeLauncher for the latest insights in the crypto space! 🌐🚀
#Solana #CryptoAnalysis #sol #SolanaTrade #Solana.price.expectations
🚀Will Retik Finance and Solana hit $50 and $300 respectively in 2024? Experts analyze 📈💹
The crypto market is buzzing with excitement, and all eyes are on Retik Finance (RETIK) and Solana (SOL) as they emerge as potential stars of 2024. Let's delve into expert analyses to see if $50 for RETIK and $300 for SOL are within reach.
1. Retik Finance (RETIK): Revolutionizing DeFi with Innovation!
Retik Finance stands out as a dynamic decentralized finance (DeFi) token on the Ethereum mainnet. With a total supply of 1 billion ($1,000,000,000), RETIK is making waves with its commitment to bridging the gap between crypto and real-world utility. Here are key highlights:
🌐 Futuristic DeFi Debit Cards: Privacy-focused, anonymous transactions without KYC.
💳 Smart Crypto Payment Gateway: Businesses accept crypto payments, promoting adoption.
🤖 AI-Powered P2P Lending: Optimal lending solutions through AI analysis.
🔒 Multi-Chain Non-Custodial Wallet: Secure control over assets, supporting multiple blockchains.
🔄 Swap Aggregator: Instantly compare quotes across DEXes for favorable rates.
📈 Perpetual Futures/Options Trading: Simplified options trading across different assets.
🌍 Real-World Crypto Adoption: Extending crypto experiences beyond the virtual realm.
🔮 Optimistic Outlook for RETIK in 2024:
Experts foresee RETIK hitting $50 or more in 2024, fueled by its innovative approach, growing user base, and the broader adoption of DeFi solutions in the crypto ecosystem. The future looks bright for RETIK if it continues to execute its vision successfully.
2. Solana (SOL): Scaling New Heights in 2024!
Solana, the scalability giant in blockchain, has turned heads with its high-speed transactions and impressive throughput. As a blockchain platform, SOL is attracting developers and users alike. Here's why SOL could be a game-changer:
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! 🌐💡
#Solana-SOL #SolanaSurges #SolanaTrade #cryptocurrency #crypto2024
The crypto market is buzzing with excitement, and all eyes are on Retik Finance (RETIK) and Solana (SOL) as they emerge as potential stars of 2024. Let's delve into expert analyses to see if $50 for RETIK and $300 for SOL are within reach.
1. Retik Finance (RETIK): Revolutionizing DeFi with Innovation!
Retik Finance stands out as a dynamic decentralized finance (DeFi) token on the Ethereum mainnet. With a total supply of 1 billion ($1,000,000,000), RETIK is making waves with its commitment to bridging the gap between crypto and real-world utility. Here are key highlights:
🌐 Futuristic DeFi Debit Cards: Privacy-focused, anonymous transactions without KYC.
💳 Smart Crypto Payment Gateway: Businesses accept crypto payments, promoting adoption.
🤖 AI-Powered P2P Lending: Optimal lending solutions through AI analysis.
🔒 Multi-Chain Non-Custodial Wallet: Secure control over assets, supporting multiple blockchains.
🔄 Swap Aggregator: Instantly compare quotes across DEXes for favorable rates.
📈 Perpetual Futures/Options Trading: Simplified options trading across different assets.
🌍 Real-World Crypto Adoption: Extending crypto experiences beyond the virtual realm.
🔮 Optimistic Outlook for RETIK in 2024:
Experts foresee RETIK hitting $50 or more in 2024, fueled by its innovative approach, growing user base, and the broader adoption of DeFi solutions in the crypto ecosystem. The future looks bright for RETIK if it continues to execute its vision successfully.
2. Solana (SOL): Scaling New Heights in 2024!
Solana, the scalability giant in blockchain, has turned heads with its high-speed transactions and impressive throughput. As a blockchain platform, SOL is attracting developers and users alike. Here's why SOL could be a game-changer:
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! 🌐💡
#Solana-SOL #SolanaSurges #SolanaTrade #cryptocurrency #crypto2024