Solana

Uniswap logo Bitcoin (BTC) is backing off after hitting fresh highs for the year in the $38,800s earlier in the session, but at current levels in the $38,300s, is still up close to 2% in the past 24 hours. Other major cryptocurrencies like Ether (ETH), XRP (XRP), Solana (SOL) and Cardano (ADA) were all also […]
The post Biggest Crypto Gainers Today on Uniswap – MBX, MORRA, AGRS appeared first on Cryptonews.

Biggest Crypto Gainers Today on Uniswap – MBX, MORRA, AGRS

Singapore-based crypto exchange Crypto.com has enabled the trading of more EUR pairs on its platform. In a recent post on X (formerly Twitter), the digital assets trading company told followers they can now trade XRP/EUR and SOL/EUR pairs on their platform. Before the latest additions, Crypto.com users could only trade Bitcoin and Ethereum against the […]
The post EUR Trading Options Expand on Crypto.com with XRP and SOL Pairs appeared first on Coin Edition.

EUR Trading Options Expand on Crypto.com with XRP and SOL Pairs

Polkadot price prediction: The crypto market is moving sideways on the first day of the last month of the year, but Polkadot (DOT) shows a completely different picture, increasing by 4% to $5.39. Traders have been turning their attention to large market cap altcoins like Solana (SOL[), Chainlink, Polkadot, and more with Bitcoin and Ethereum consolidating. Polkadot cumulatively gained 24% in 
The post Polkadot Price Prediction As Protocol Brings Real World Assets On-Chain, Bullish Signal? appeared first on CoinGape.

Polkadot Price Prediction As Protocol Brings Real World Assets On-Chain, Bullish Signal?

Two AI-focused projects have recently garnered significant attention: Render Network (RNDR) and Bittensor (TAO). These projects, while distinct in their objectives and execution, are at the forefront of integrating artificial intelligence with blockchain technology. Analyst Crypto Stream has analyzed the two most hyped AI projects in this cycle and tried to answer the question: “Which one is the true king of AI coins?” Render Network (RNDR): A Leap In GPU Rendering Crypto Stream highlights that Render Network addresses a critical need in the current digital era: the demand for GPU computing power. Industries ranging from filmmaking to AI research are constantly seeking more computational resources, a need that even major tech giants struggle to meet. Render Network ingeniously tackles this issue by enabling individuals with GPU resources to monetize their idle computing power. As Crypto Stream puts it, “Render Network is not just optimizing resource utilization but is fundamentally changing the dynamics of GPU computing power accessibility.” Related Reading: Crypto Analyst Who Sold The Bitcoin Top Reveals How To Buy And Sell At The Perfect Time The economic model of RNDR has evolved since its inception as an ERC-20 token in 2017. Migrating to the Solana blockchain, the project introduced a burn mechanism, where RNDR tokens equivalent to the fiat value of GPU power purchased are burnt, potentially reducing the token supply over time. “This burn mechanism,” Crypto Stream notes, “is a fascinating aspect of RNDR, adding a deflationary characteristic to its tokenomics.” Discussing RNDR’s market performance, Crypto Stream observes that the token’s peak at over $7 in 2022 and its current price at $3.49 reflect its substantial growth. With a market capitalization of $1.3 billion and a fully diluted valuation of $1.8 billion, RNDR has already experienced a significant 10x increase this year. “We’re not early in the game with RNDR, but its potential in the AI space still makes it a project worth watching,” advises Crypto Stream. At press time, RDNR was trading at $3.56, slightly below the 0.382 Fibonacci retracement level at $3.60. Bittensor (TAO): Democratizing AI Model Deployment Bittensor’s aim to decentralize the deployment of machine learning algorithms stands in contrast to RNDR. It aims to challenge the dominance of tech giants in AI, such as OpenAI and Meta, which control the best AI models, by creating a platform for trading specialized AI models. “Bittensor is opening doors for smaller research teams globally, allowing them to contribute and monetize their specialized AI models,” states Crypto Stream. This specialized focus actively caters to a variety of needs, including non-English languages and niche industries, often overlooked by larger players. Related Reading: 3 Bitcoin-Like Proof Of Work Altcoins That Could Make You A Millionaire In 2024 Crypto Stream is particularly impressed by Bittensor’s tokenomics, which are inspired by Bitcoin’s model. “With a total supply mirroring Bitcoin’s, no premine or ICO, and a halving cycle every four years, TAO’s economic design is both robust and promising,” he comments. Approximately 6 million TAO tokens are currently in circulation, with the token trading near its all-time high of $304. “TAO’s current market cap of $1.8 billion and an FDV exceeding $6 billion signify its growing prominence, though much of its supply is yet to be released into the market,” Crypto Stream added. Which One Is The Best AI Altcoin? Crypto Stream concludes that both RNDR and TAO offer unique and complementary solutions to the AI and crypto sector. RNDR’s focus is on solving the hardware problem by leveraging unused GPU power, while TAO addresses the software side by enabling a marketplace for AI models. “It’s hard to declare a definitive leader in the AI token space,” Crypto Stream reflects, “as both RNDR and TAO bring innovative solutions to the table. RNDR’s burn feature and TAO’s Bitcoin-like tokenomics each have their own appeal, targeting different needs within the AI and crypto markets.” Featured image from iStock, chart from TradingView.com

Crypto Analyst Explores The Hype: Are These The Best 2 AI Altcoins?

The post Solana Price Hints Potential Drop! Will SOL Price Retest Its Lows Of $50 Soon? appeared first on Coinpedia Fintech News
The crypto market has recorded a jump of over 1.2% in its value over the past day, with top cryptocurrencies witnessing a positive upswing in their respective portfolios. On the other hand, the SOL price has been displaying a neutral trend for a while now, raising concerns over the price action of Solana for December. …

Solana Price Hints Potential Drop! Will SOL Price Retest Its Lows Of $50 Soon?

The post 3 Crypto Set To Explode After Ethereum ETF Approval – Dogecoin (DOGE), Cardano (ADA) and Solana (SOL) appeared first on Coinpedia Fintech News
The cryptocurrency market, currently holding a capitalization of $1.42 trillion, is witnessing a unique phase marked by an altcoin slump. Despite this, there is a sense of anticipation for a potential surge, especially after the Ethereum ETF approval. This environment sets the stage for notable cryptocurrencies like Dogecoin (DOGE), Solana (SOL), Cardano (ADA), and the …

3 Crypto Set To Explode After Ethereum ETF Approval – Dogecoin (DOGE), Cardano (ADA) and Solana (SOL)

Solana price prediction: SOL has continued to attract institutional interest, thus taking back its place as one of the few blue-chip altcoins. According to a weekly report by CoinShares, SOL assets under management crossed the $365 million mark with $12.4 million in additional inflows during the previous week. Other assets that saw increasing inflows were 
The post Solana Price Prediction: Examining SOL Technical Structure With $100 Target Beckoning  appeared first on CoinGape.

Solana Price Prediction: Examining SOL Technical Structure With $100 Target Beckoning

The post Can Solana (SOL) Flip Ripple (XRP)? Binance (BNB) Holders Invest in New AI Coin For Portfolio Boost appeared first on Coinpedia Fintech News
The competition for dominance is ever-present in the crypto space. The spotlight has been on Solana (SOL) lately as it aims to flip Ripple (XRP). Simultaneously, Binance (BNB) holders are exploring a new frontier by investing in the promising AI coin, InQubeta (QUBE).  InQubeta is revolutionizing investments in AI (artificial intelligence) startups as it gains …

Can Solana (SOL) Flip Ripple (XRP)? Binance (BNB) Holders Invest in New AI Coin For Portfolio Boost

XRP/EUR and SOL/EUR are now available on Crypto.com.

Popular Exchange Adds Ripple (XRP) and Solana (SOL) EUR Trading Pairs

As the cryptocurrency market anticipates a potential bull market, investors may consider accumulating altcoins in preparation for it. A notable … Continued
The post Why Solana might outshine Ethereum in 2024 appeared first on Finbold.

Why Solana might outshine Ethereum in 2024

Solana (SOL) and Bittensor (TAO) are playing starring roles in this crypto bull market. $SOL looks to be gathering itself for a break higher while $TAO is not letting up in its recent surge towards a new all-time-high.

Solana (SOL) readies for break higher as Bittensor (TAO) continues ascent

Ethereum went back above $2,100 and SOL has jumped to just over $60.

Bitcoin Skyrockets to 19-Month Peak but These Alts Have Performed Better (Market Watch)

XRP was forecasted to reach $50 in Q4, 2024, BTC's supply on exchanges dropped to a six-year low, while SOL gained more traction.

Bullish Ripple (XRP) Targets, Bitcoin (BTC) Developments, Solana (SOL) Predictions: Bits Recap Dec 1

With another month at a close in the cryptocurrency landscape, November resembled an eventful drama, showcasing remarkable triumphs, significant setbacks, and unexpected turns.

November Crypto Recap: Coinbase Shines, Solana Surges, THORChain Emerges

This week saw Solana through a small increase after establishing new support above the monthly low. However, it encountered rejection as it failed to sustain recovery above a minor resistance – currently up by 2%. Sol’s bulls lost steam lately after marking a two-year high at $68 two weeks ago. […]

SOLANA PRICE ANALYSIS & PREDICTION (December 1) – Sol Poises For Fresh Increase But Faces Resistance At $62, Can It Overcome?

VC Spectra (SPCT) signifies a transformative shift in traditional asset management and trading among the DeFi companies. With Solana (SOL) and XRP witnessing notable upswings, attention now pivots to VC Spectra (SPCT), acclaimed as the upcoming major player in the realm of digital assets. Let’s delve into the groundbreaking innovations it brings to the forefront. […]
The post VC Spectra’s Rally: The Next Big Thing After Solana and XRP’s Surge? appeared first on Coin Edition.

VC Spectra’s Rally: The Next Big Thing After Solana and XRP’s Surge?

Solana is one of the most sought-after layer 1 cryptocurrencies & blockchains in the cryptocurrency industry. In this episode of the Climate of Crypto, I will detail my reservations about Solana, but why I ultimately will include it in my investment portfolio for the coming year of 2024. Let's go ahead and DIVE right on into it!

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SOLANA WILL TRIPLE! This Is Exactly And Simply Why (2024 Solana Price Prediction)

Thor Hartvigsen, a DeFi researcher and Business Development professional at Redacted Cartel, shared a detailed analysis into the potential of Solana to achieve mass adoption today. Hartvigsen’s examination focuses on the technical aspects and key developments (apart from price speculation) within the SOL ecosystem that might pave the way for its widespread acceptance. Parallel Execution, […]

Can Solana Reach Mass Adoption? Expert Shares Insights

The post Top Altcoins To Watch In December: Prices Of Terra Luna Classic (LUNC), Dogecoin (DOGE), And Solana (SOL) In Bullish Mode appeared first on Coinpedia Fintech News
Explore December's top altcoins including Terra Luna Classic (LUNC), Dogecoin (DOGE) and Solana (SOL) poised for bullish gains. 

Top Altcoins To Watch In December: Prices Of Terra Luna Classic (LUNC), Dogecoin (DOGE), And Solana (SOL) In Bullish Mode

The Bitcoin price has been steadily moving around its current range as 2023 comes to an end. Recent data cast light on the current market structure and what could trigger an extension in the bullish momentum. Related Reading: Rare Signal Predicts Next XRP Price Move: Crypto Analyst As of this writing, Bitcoin (BTC) trades at $37,900 with a 1% loss in the last 24 hours. Over the previous week, the cryptocurrency has traded in the green as other assets recorded small losses, except for Solana (SOL) and Dogecoin (DOGE). Big Day For The Bitcoin Price: What Whales Are Planning Data shared by crypto analytics platform Material Indicators shows the current state of the orderbook for trading venue Binance. The world’s largest crypto, looking into this orderbook often reveals patterns and clues to anticipate the price action. Today, Bitcoin faces two potentially high volatility events: whales will fight over the monthly candle close, and the US will reveal macroeconomic data. Thus, the cryptocurrency could finally break above its current levels or re-test support. The data from Material Indicators, as seen on the chart below, shows a spike in buying orders from Bitcoin whales and “mega” whales (Purple and Brown on the chart, respectively). This buying pressure is unlikely to translate into a rally as these investors prioritize market efficiency. Thus, they place small orders on exchanges to reduce slippage, leading the price to range. The good news is that this behavior is often positive for the BTC price by attracting, according to Material Indicators, “bid (buy) liquidity.“ Once there is enough liquidity in the order book, whales can sell their positions and avoid downside slippage. The firm stated: The more they attract, the more they can dump while minimizing slippage. Over the past 7 Days, Purple Whales have Market Bought ~$16M of #BTC and in 4 hours distributed ~$42M to the bidders they lured into the range. Regardless of whether you are bullish or bearish, there are #trading opportunities ahead, as this game appears to be on extended play mode. Related Reading: Crypto Analyst Who Sold The Bitcoin Top Reveals How To Buy And Sell At The Perfect Time In that sense, traders should expect further sideways price action as whales and mega whales take over the market. In the meantime, $40,000 and $35,000 are two critical areas that could hint at a change in the current market dynamic. Cover image from Unsplash, chart from Tradingview

Bitcoin Whales Ready To Push Price Above $40,000? Data Throws Clues

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📺 Essential Videos 📺

Previous Solana Update 👉 https://youtu.be/2sLx9ujvnN8?si=ur8ATZHYYGfFwsVH
USDC Depeg Explained 👉 https://youtu.be/OGhLklnDenU?si=Gsd1oxZ0LgyuY1nf
Banking Crisis Explained 👉 https://youtu.be/r6iwEd9DI_U?si=RSTiBtTNKAoi3Pyn
SEC Targeting Cryptos 👉 https://youtu.be/x6roXpb6qTE?si=YEBNmxC1ykLt8cbL
Binance Settlement Analysis 👉 https://youtu.be/EljWmKzRmFQ?si=ENCXhQ--G6qI8kAK
Solana vs. Aptos 👉 https://youtu.be/228FV1nT5MM?si=Gw2JdJjenU1QUoL2
Crypto Categories For Bull Run 👉 https://youtu.be/7NYmape2ylA?si=Y74h5Xof283JwHGW

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⛓️ 🔗 Useful Links 🔗 ⛓️

► Solana Blockchain Status: https://status.solana.com/
► Helium Migrates To Solana: https://cointelegraph.com/news/helium-network-sets-migration-to-solana-for-march
► Solana Delisted in US: https://cointelegraph.com/news/bakkt-delists-cardano-solana-polygon-report
► Solana Firedancer: https://cointelegraph.com/news/solana-sol-price-gains-october-firedancer-testnet-goes-live
► FTX Alameda SOL Vesting: https://solana.com/news/solana-facts-ftx-bankruptcy
► Solana Network Upgrades: https://solana.com/news/solana-network-upgrades
► Stablecoin Bill Moving Slowly: https://www.coindesk.com/policy/2023/07/28/us-stablecoin-bill-takes-big-step-despite-fight-from-democrats-white-house/

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- TIMESTAMPS -
0:00 Intro 
0:33 Solana Recap  
5:14 Solana Updates Part 1       
8:48 Solana Updates Part 2       
12:36 Solana Updates Part 3       
14:49 SOL Price Analysis        
19:46 Solana Roadmap  
23:08 Solana Concerns        
27:40 Outro

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📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Solana #SOL