Solana Beats Bitcoin and Ethereum; Analysts Predict $600 Bull Run Maximum
A recent MV Capital poll shows Solana (SOL) will beat Bitcoin (BTC) and Ethereum (ETH) in the future market cycle. Solana might reach $600, a fourfold rise from $217.46, according to analysts.
The poll of 76 liquid and venture capital crypto allocators found that over 30% anticipate Solana to lead this cycle.
Cryptocurrencies' political support, notably Donald Trump's, boosts Solana's growth. Trump, calling himself the âBitcoin President,â has supported Bitcoin and digital assets, raising market hopes for deregulation over the next four years.
U.S. Solana ETF acceptance might represent a regulatory move. By July, Cboe suggested listing VanEck and 21Shares Solana ETFs. A crypto-friendly SEC chairman in Trump's cabinet might speed up this, improving Solana's visibility and liquidity.
Memecoin trade has also helped Solana's ecology. Goatseus Maximus (GOAT) reached $400 million in a week. Solana's meme coin trading site Pump.fun has produced $100 million in revenue in seven months, making it the fastest-growing protocol in crypto history.
Activity has increased Solana's Total Value Locked (TVL) to a two-year high of approximately 42 million SOL in October, a 13% month-over-month rise. Solana's explosive expansion in the present market contrasts with Ethereum's steady TVL at 17.7 million ETH.
Solana is bullish after breaking a falling triangle. The price surpassed a double top at $215, suggesting a trend reversal. Another bullish bar after a bullish engulfing candle signals additional higher action.
At $208.53, Solana's price has passed over the 50-day Exponential Moving Average (EMA), providing strong support. The RSI is 59.73, showing moderate bullish momentum with opportunity for growth.
Conclusion: Solana's breakthrough from the falling triangle and supporting technical indicators suggest greater resistance. A sustained advance above $225 might push the price to $230 and beyond as bullish momentum builds.
#SOLFutureRise #CPIUpdateOctober $SOL
Trumpâs Offer to Help VP Harris Sparks XRP Funding Idea â Could Rippleâs Win Be Her Financial Solution?
In a surprising twist, President-elect Donald Trump recently offered Vice President Kamala Harris a playful hand in tackling her campaignâs $20 million debt. Amid the buzz, one social media user suggested an unexpected solution: Harris could potentially use her XRP holdings to bridge the financial gap.
The idea quickly gained traction, especially as Rippleâs legal battle with the SEC nears a conclusion. A favorable ruling could significantly boost XRPâs value, giving Harris an easy way to offset her debt without needing outside support. Former SEC attorney Marc Fagel even noted that Harris, as a retail investor, would face no SEC hurdles in selling her XRP â the scrutiny remains focused on Ripple as the issuer, not individual holders.
With XRPâs legal clarity in sight, this could be a unique opportunity for Harris, especially considering a prior $10 million XRP donation to her campaign fund from Ripple co-founder Chris Larsen. If XRPâs value surges, Harris might find herself with an unexpected financial windfall, providing a quick solution to her campaign debt.
What do you think? Could a rally in XRP be the financial fix she needs? Share your thoughts!
#USInflationAboveTarget #CPIUpdateOctober #TrumpNominatesMuskDOGE
đ„ VanEck introduces SUI ETN to European investors as token hits all-time high
VanEck, a global asset management firm and US spot Bitcoin ETF issuer has launched a new exchange-traded note (ETN) tied to the SUI token from the Sui blockchain network, according to a Nov. 13 statement.
The ETN, now available on Euronext Amsterdam and Euronext Paris, allows European investors in over 15 countries to gain exposure to SUI without directly holding the asset.
The product tracks the MarketVector Sui Network VWAP Close Index and is fully backed by SUI tokens held with Liechtensteinâs Bank Frick. It has a total expense ratio of 1.5%.
VanEckâs SUI ETN comes as the digital asset has experienced increasing massive adoption that has pushed its value to a new all-time high of $3.31.
đž Why SUI?
VanEck explained that it selected Sui for its ETN due to the blockchainâs high performance and user-friendly design.
Sui, a decentralized smart contract platform, aims to process transactions quickly and efficiently. Unlike older blockchains like Bitcoin and Ethereum, which process transactions sequentially and often incur delays and high costs, Sui can handle multiple transactions simultaneously. This capability makes Sui ideal for applications requiring real-time transactions, such as financial services and gaming.
In an earlier November report, VanEck stated that Sui provides a familiar user experience to most internet users because it is âfast, user-friendly, and affordable as platforms like Facebook, Twitter, and Robinhood.â
Menno Martens, Crypto Product Manager at VanEck Europe, emphasized Suiâs scalability and cost-effectiveness. He added:
âIn our view, this network has strong growth potential, because its consistently low transaction costs make it a real alternative to older blockchains. The VanEck Sui ETN gives investors the opportunity to participate in the development of this promising blockchain network in an exchange-traded and comparatively simple way.â
#SUI #VanEck
Will Tron (TRX) rise?
Tron, one of the major altcoins with its market value and blockchain activity, has lost nearly 10 percent of its value since last night. TRX, which rose above $ 0.19 the other day, is trading at $ 0.175.
Tron, the blockchain with the highest trading volume of Tether (USDT), has had difficulty keeping up with the potential bull run. AMBCrypto has examined TRX, which has shown a relatively weaker performance compared to other major altcoins.
In the analysis, it was stated that TRX, which reached an all-time high of $ 0.1920 the day before, may continue its rise.
TRX gained momentum with the statements of Tron founder Justin Sun and development activities in the ecosystem. The $TRX price has increased by 66 percent since the beginning of 2024. In fact, TRX remained weak compared to $BTC , which gained momentum with the US presidential elections.
An analysis prepared by AMBCrypto stated that the Bollinger Bands formed on the TRX chart signaled further increases. The analysis emphasized that the increase in TRX's trading volume and the recovery of investor interest were important factors.
âTRX showed strong upward momentum, last reaching April 2021 highs on the monthly chart. This movement shows that TRX has potential amid the intensified cryptocurrency bull cycle following Trump's recent election victory.â
#CryptoDeNostradame #ParrotBambooCrypto
$DOGE
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Dogecoin: Gearing Up for a Major Move
Dogecoin, the popular meme coin, is sparking interest as it gears up for what could be a significant shift in the crypto space. Known for its community-driven popularity and recent developments, Dogecoin is becoming more than just a meme. Rumors of integration into major platforms, alongside Elon Muskâs continued support, have fueled anticipation for a potential breakout. While Dogecoinâs path forward is uncertain, itâs clear that its future could hold big changes, especially as the crypto market heats up. Investors and fans alike are watching closelyâDogecoin may soon surprise us all. #USInflationAboveTarget #CPIUpdateOctober #TrumpNominatesMuskDOGE #DogecoinPriceSurge #dogeâĄ
Top 10 Platforms for Profitable Crypto Copy Trading in 2025đ
Copy trading has revolutionized the cryptocurrency landscape, enabling investors to mirror the strategies of seasoned traders. This approach democratizes access to sophisticated trading tactics, making it ideal for both novices and experienced investors.
1. Tapbit
Tapbit distinguishes itself with its innovative Zero Slippage Copy Trading feature, ensuring followers execute trades at the exact prices as the traders they emulate.
2. eToro
eToro is renowned for its user-friendly interface and robust social trading community.
3. Bybit
Bybit caters to both novice and seasoned traders with its intuitive platform and up to 100x leverage.
4. Binance
As one of the worldâs largest cryptocurrency exchanges, [Binance](https://www.binance.com/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00SXKU7IO9) provides high liquidity and a global presence.
5. Phemex
Phemex is known for its advanced copy trading features and intuitive interface. It offers customizable copy order criteria and detailed performance metrics for traders.
6. OKX
Formerly OKEx, OKX offers a user-friendly interface suitable for beginners and supports a broad assortment of coins and trading pairs.
7. PrimeXBT
PrimeXBT combines a social trading platform with a crypto exchange, offering margin trading and copy trading services.
8. BingX
BingX offers a straightforward and flexible copy trading feature, fostering a community of traders for sharing ideas and strategies.
9. Wundertrading
Wundertrading focuses on creating a community of traders, fostering collaboration, and providing educational resources.
10. Coinmatics
Coinmatics is an automatic copy trading platform that allows users to copy the trading operations of profitable traders based on their preferences.
TRON's market performance has taken a downturn, with a notable 5.97% decrease against the US Dollar in the last 24 hours. This decline is more pronounced when compared to the broader cryptocurrency market, which saw a marginal decrease of 0.11%. TRX also underperformed against major cryptocurrencies, losing 6.81% against Bitcoin.
Despite a bullish sentiment, with 85% of indicators favoring a positive outlook, the Fear & Greed index at 84 suggests extreme greed, potentially indicating an overvalued market. TRON's price is predicted to drop by 13.08% in the next five days, highlighting potential market volatility.
Bitcoin ETF Trading Volume Surges, Approaching Gold ETF Asset Size, as Musk's Wealth Ranks High on Forbes and US Stock Market Remains Strong
On November 12, Bloomberg ETF analyst James Seyffart reported record-breaking trading volume for the US spot Bitcoin ETF, reaching $7.22 billionâthe highest since March 14 and the sixth-largest trading day to date. BlackRockâs IBIT led with $4.6 billion in trades, followed by Fidelityâs FBTC, which surpassed $1 billion.
Senior Bloomberg ETF analyst Eric Balchunas highlighted that assets under management (AUM) for the US spot Bitcoin ETF have soared to $84 billion, nearing two-thirds of gold ETF assets. Balchunas noted that this rapid growth far surpasses prior expectations, suggesting the Bitcoin ETF may exceed the size of the gold ETF within a year well ahead of the previously estimated 3â4 years.
Additionally, MicroStrategy made a notable investment of $2.03 billion yesterday.
#BBCeDeFi #DollarIndexHighestSinceJuly
{spot}(BNBUSDT)
{spot}(BTCUSDT)
Bitcoin's options market is gearing up for a year-end showdown with a whopping $11.8 billion set to expire on Dec. 27. Bulls are flexing their muscles, with call options leading the charge at $7.9 billion, while bears lag behind with $3.92 billion in puts.
As BTC's price dances above $80,000, bearish investors are sweating to keep it below $75,000. If the price stays near $88,000, only $96 million in puts will matter.
With bulls eyeing $90,500, it's a thrilling ride to the finish line. Will bears manage a last-minute tackle, or will bulls score a victory? Stay tuned! đ
đ Bitcoin's options market is gearing up for a blockbuster $11.8 billion expiry on Dec. 27, and it's looking like a bull's paradise! With call options towering over puts, the stage is set for a thrilling year-end showdown.
- Current open interest: $7.9B in calls vs. $3.92B in puts.
- Bulls are eyeing a price surge, while bears hope to keep BTC under $75K.
- Deribit leads the options market, holding a 74% share.
Will the bulls charge to $90K, or will bears spoil the party? Share your predictions in the comments! đ
Remember, this is not investment advice, just some crypto fun!