Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing…
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Solana (SOL) is now trading around a crucial supply zone after an impressive 26% surge since September 18, following the Federal Reserve’s announcement of interest rate cuts. This sharp rally has sparked optimism among analysts and investors, who hope Solana could soon reach new all-time highs. Many in the crypto space believe Solana is primed…
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Solana (SOL) broke above a key resistance level on Friday, fueling the bullish sentiment that reignited over a week ago. As a result, some analysts think the fifth-largest cryptocurrency by market capitalization could be about to see a massive bull run as “Uptober” approaches. Solana Retests $160 Resistance Solana’s rally started last week following the…
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Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen in over two months. Grayscale Highlights Key…
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According to recent data, the Solana-powered meme token moo deng (MOODENG) has jumped 98% in the past 24 hours and shot up a stunning 1,398% over the last week. With this massive boost, the meme token has claimed the top spot as the day’s biggest winner, boasting a global trade volume of $147 million in…
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Meme coins are bouncing higher, looking at CoinMarketCap data as of September 27. Dogecoin, the world’s largest meme coin by market cap, is up 16% over the last trading week. Shiba Inu and Pepe rallied in the same period, adding 37% and 27%, respectively. The expansion of meme coin prices has also been a boom…
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Solana is gaining pace above the $150 resistance zone. SOL price is rising and might aim for a fresh increase above the $158 resistance zone. SOL price started a fresh increase above the $150 zone against the US Dollar. The price is now trading above $152 and the 100-hourly simple moving average. There is a…
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Popcat, the latest Solana-based memecoin sensation, has crowned itself as one of the best-performing cryptocurrencies in the market. The memecoin has stolen the spotlight following its 117% surge throughout Q3, outperforming other well-established tokens in the sector. The feline sensation has now consolidated as the first cat-themed memecoin to hit a $1 billion market capitalization,…
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Solana (SOL) is now trading at a critical juncture following last week’s market surge. The token has climbed over 20% from its recent local lows, now testing a crucial supply level around $150. This resistance zone has drawn the attention of analysts and investors, with many believing Solana is on the verge of a rally…
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Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged…
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