Solana ETF approval by July 2025? Polymarket odds spike .
The odds of the U.S. Securities and Exchange Commission’s accepting a spot Solana exchange-traded fund are rising. According to Polymarket, the odds of a SOL ETF approval have risen to 71%, up from this week’s low of 58% and last month’s 50%.
The rising possibility has been fueled by the incoming presidency of President-elect Donald Trump and the subsequent nomination of Paul Atkins as SEC chair. Trump has also begun to assemble his crypto council by naming Bo Hines the executive director and David Sacks, a former PayPal executive, as “crypto czar.” $SOL $BTC #BTCMiningPeak #solana
XRP and ADA investors expect big gains, but this new crypto is poised to redefine wealth in 2025. . $XRP $ADA With the way crypto prices were accelerating in the aftermath of the US elections, a price correction was all but inevitable. When the crypto market took a nosedive in early December, some quarters of the industry were not surprised. In fact, some industry watchers were pleased.
A price correction is necessary to weed out weak hands and get rid of those who are not in it for the long term. For the crypto market to advance and hit the next level, it must go through several price corrections. The bad news is no one knows when the market will bounce back, but there’s been a few encouraging signs of a reversal.$SOL #BTC #Crypto2025Trends #ATASurgeAnalysis
5 game-changing altcoins for December/January . . .
Analyzing five potentially game-changing altcoins for December and January .
$ETH $SHIB $PEPE .
Ethereum
Since its launch in 2015, Ethereum has transformed the digital landscape with smart contracts and a vast ecosystem of decentralized applications (dApps).
Ethereum’s advancements make it a prominent player in the blockchain industry. The growth of decentralized finance (DeFi) and its diverse applications underpin its strong position. While market trends fluctuate, Ethereum’s technology and potential keep it at the heart of discussions about crypto’s next steps.
PEPE
PEPE is a meme coin on Ethereum, serving as a tribute to Pepe the Frog, an internet meme by Matt Furie.
PEPE aims to ride the popularity of meme coins like Dogecoin. With no taxes and a simple, straightforward approach, it’s attracting attention for keeping things pure and fun as a meme coin.
Shiba Inu
Shiba Inu began as a playful nod to Dogecoin but has grown into something more. Unlike Dogecoin, SHIB’s place on Ethereum means it can do more. It has launched ShibaSwap, a decentralized exchange where users can trade tokens.
Shiba Inu also plans to introduce an NFT platform and a DAO where holders will help make decisions. This shows SHIB’s potential to be more than just a meme coin. In today’s market, investors look for coins that offer real value, and SHIB’s development could make it appealing. While many meme coins come and go, Shiba Inu is building tools and a community that could last.
XRP targets $5, while RCO Finance stands out with its unique AI features. . . XRP .
As the year draws to an end, the XRP price is making news, approaching its all-time high of $3.40, a mark it attained nearly seven years prior.
XRP to reach $5 on Christmas Day?
After a recent major decline of 9% in the last two weeks, the XRP price has increased by 3.4% to $2.25 within just 24 hours, ending the week above essential support levels.
This recovery sets the XRP price to maintain its remarkable upward trend, having increased more than 100% since November 5, aligning with the political changes in the United States.
Holiday Bull Run Incoming Crypto Trader Eyes Lightchain AI, PEPE, and Solana (SOL) for Big Gains. . . SOLANA
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As the cryptocurrency market heats up ahead of the holiday season, savvy traders are gearing up for significant opportunities. Among the top altcoins to watch are Lightchain AI (LCAI), PEPE, and Solana (SOL), with experts forecasting explosive price movements.
Notably, the Lightchain AI Presale has been generating massive buzz, offering early investors a chance to secure LCAI before its anticipated surge.
But what makes LCAI stand out as a must-watch token? Let’s dive into why crypto enthusiasts are closely watching these three coins as they prepare to ride the next wave of growth in the market.$SOL $BNB $ETH #solana #pepe #bitcoin
MarketVector Report: Solana Could Capture 50% of Ethereum’s Market Share
A recent report by investment management firm VanEck through their research arm MarketVector has sparked considerable discussion about the future of Solana, a blockchain platform often touted as a potential rival to Ethereum. The report paints an optimistic picture for Solana, suggesting it could reach a price of $330 and capture 50% of Ethereum’s current market capitalization. This bullish outlook is primarily driven by Solana’s superior speed and transaction processing capabilities.
VanEck’s analysis reveals stark differences in performance between the two platforms. Solana’s throughput, or its ability to process transactions per second (TPS), is over 3,000% higher than Ethereum’s. This translates to a capacity of thousands of transactions per second for Solana, compared to Ethereum’s comparatively limited throughput. Furthermore, Solana boasts a daily active user base that surpasses Ethereum’s by 1,300%. Crucially for users, Solana’s transaction fees are significantly lower – nearly 5 million percent cheaper than Ethereum’s.
These advantages, VanEck argues, position Solana as a strong competitor to Ethereum, particularly in areas like payments and remittances. The report highlights the potential for stablecoins, a key driver of decentralized finance (DeFi), to benefit from Solana’s superior processing metrics. Lower fees and faster transaction speeds could translate into significant cost savings for stablecoin users, potentially driving wider adoption of the Solana network. #Solana_Blockchain #etherum $SOL $ETH $BTC
Circle Internet Financial, the company behind stablecoin USDC, is moving its global corporate headquarters from Boston to New York City, after filing confidentially earlier this year for a U.S. initial public offering.
Circle plans to open its new headquarters in One World Trade Center in early 2025, the company said Friday.
Energy Impact Report: September 2024. As a proof-of-stake blockchain, Solana uses less energy than conventional proof-of-work networks. Less energy consumption means lower carbon emissions. Since the last Energy Use report in December 2023, the Solana network has reduced its carbon footprint by 69% through onchain purchase of carbon credits and innovative biodiversity credits.
Users can observe the network’s energy performance directly through a real-time emissions dashboard, recently updated to comply with new Markets in Crypto Assets (MiCA) regulations. These efficiencies, coupled with the Solana Foundation’s dedication to sustainability and a burgeoning decentralized environmental sector, make Solana a popular solution for environmental projects. $SOL $BTC #writetoearn #BinanceLaunchpoolHMSTR #Write2Earn! #FTXSolanaRedemption
The cryptocurrency market experienced a downturn, with the total market capitalization dropping to $2.51 trillion over the last day as of May 30, 2024. The market volume in the last 24 hours has fallen by 9.22%. Bitcoin, the largest cryptocurrency, is currently trading at $67,659, 2.82% down over the past seven days and 0.22% decrease in the last 24 hours. Ethereum, the second-largest cryptocurrency, is trading at $3,732, down by 2.06% in the last seven days.
The cryptocurrency market is down today as fear rises among investors after Mt. Gox’s $9 billion bitcoin transfer and slowing inflows of the U.S. spot bitcoin ETFs.
How is the Crypto Market Performing? The cryptocurrency market is experiencing a downfall, it can be because of the approximately $9 billion BTC being transferred from Mt. Gox’s cold wallet to an unknown address. It likely went through thirteen transactions, raising dump fear in the market. Another reason could be that the spot bitcoin ETF inflows are falling again.
The cryptocurrency market is exhibiting significant volatility, with prices fluctuating unpredictably. Currently, there is a downturn after Bitcoin surpassed its all-time high multiple times in March. The Dencun upgrade and Bitcoin halving did not bring the surge that the market anticipated. Also, as people expected, the latest U.S. SEC approval over the ETH ETFs has not brought any rise in the crypto world. As of the latest update, the Fear and Greed index stands at 61, indicating a greed state#BinanceTournament #Megadrop #CryptoTradingGuide #MicroStrategy
Best Meme Tokens to Invest In May 2024 Meme coins, with their quirky names and often satirical origins, have become an undeniable force in the cryptocurrency landscape. While dismissed by some as frivolous, a closer look reveals communities driven by innovation, a desire to disrupt traditional finance, and the potential for surprising utility. In this article we will have curated the best meme tokens to invest in on the basis of their Market capitalization, community strength, and real-world utility.
1. FLOKI (FLOKI) Inspired by Elon Musk's Shiba Inu dog, Floki Inu brands itself as a movement with goals of utility-based projects, NFTs, and a dedicated fan base. Market Capitalization: Approx. $1.4B Current Price: Approx. $0.000152 Unique Features/Potential: Focus on developing its Valhalla Metaverse play-to-earn game, an NFT marketplace, and the Floki University crypto education platform. Recent Developments: Floki launched its new NFT marketplace on April 15, 2024, allowing users to buy, sell, and trade Floki-themed NFTs. Buy Floki 2. Bonk (BONK) Bonk, the first Solana-based dog coin, aims to restore a sense of fun and community to the Solana blockchain. It gained rapid popularity due to its massive token burn and airdrop events.#BinanceLaunchpool #altcoins #MicroStrategy #Floki🔥🔥 #Bonk #bitcoin
Bitcoin falls below $69,400 ahead of US inflation data.
Bitcoin fell 2.4% to $69,357 in Wednesday's trading session ahead of a key U.S. inflation reading later in the day. Meanwhile, Ethereum, the second largest crypto token, plunged over 4.2% to $3,534. U.S. consumer price data due on Wednesday will be closely watched by investors as they seek direction on the next move in interest rates. The data is expected to show a rise in headline inflation to 3.4% year-on-year, from 3.2% in February.
Edul Patel, CEO of Mudrex, said, "Following a climb to $72,000 yesterday, Bitcoin retreated to $68,000 due to increased liquidations. Traders are keeping a close watch on today's US CPI data, which might exceed expectations. Bitcoin's current support stands at $67,700, with resistance noted at $70,400."#cpi #BinanceLaunchpool #BullorBear #Memecoins
By reading the history through chart, we can capture a pattern. One of them is BITCOIN's HALVING. In this chart we can see a repetition of pattern and it will be useful for next action if we want to buy BITCOIN especially in HALVING moment. From this pattern, can be interpreted the possibility that BITCOIN will make All time high. #write2earn🌐💹 $BTC $ETH $SOL
The Bitcoin Halving is a pre-programmed event that reduces the reward given to crypto miners by half approximately every four years. The Halving is essential because it ensures that the supply of Bitcoin is kept in check and prevents inflation. The reduction of mining rewards means that the demand for Bitcoin is expected to increase, and its value is likely to surge in response. It is anticipated to happen every 210,000 blocks or roughly every four years, with the most recent halving occurred in May 2020, reducing the reward from 12.5 to 6.25 BTC per block. The Bitcoin Halving plays a crucial role in the long-term viability and scarcity of Bitcoin. #bitcoin #halving