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Solana News

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Coin Telegraph

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Here’s what happened in crypto today

  • Former CFTC Chair Rostin Behnam emphasizes the need for new authority for the agency to regulate cryptocurrencies to prevent market vulnerabilities.
  • BlackRock is reportedly seeking to acquire a 10% stake in Circle's IPO, with Circle aiming to raise $624 million in its public offering.
  • GameStop confirms its first Bitcoin purchase of 4,710 BTC, worth approximately $513 million, marking its entry into cryptocurrency investment.
  • The crypto market remains unregulated unless the CFTC is given authority, BlackRock eyes a significant stake in Circle's IPO, and GameStop announces its first Bitcoin purchase.

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Crypto-News-Flash

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MetaMask Adds Solana Support Directly In Browser Extension

  • MetaMask now supports Solana directly in its browser extension, allowing token management without the need for separate wallets.
  • Users can now manage SOL and SPL token assets within MetaMask, perform various transactions, and connect to Solana DApps seamlessly.
  • Security features like transaction simulation and DApp risk alerts are now extended to Solana accounts on MetaMask, enhancing overall user protection.
  • In addition to Solana integration, MetaMask has introduced features like Smart Accounts and plans to add native support for the Bitcoin network in the near future.

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TechBullion

1d

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Biggest Meme Coin Launch of 2025? Why Solana and XRP Whales Are Betting on This Presale

  • Punisher Coin, a new player in the meme coin space, is attracting attention as Solana and XRP whales participate in its presale.
  • The project revolves around community-driven missions that offer real payouts and $PUN tokens, aiming for active user participation and growth.
  • Solana whales are showing interest in Punisher Coin, known for its speed and project launches, indicating cross-chain curiosity and coordinated strategy involvement.
  • Even XRP whales, typically focused on infrastructure and long-term potential projects, are reportedly getting involved in Punisher Coin's presale, suggesting a unique appeal and successful fundraising.

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Bitcoinist

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Solana Eyes 100x Speed Leap — If It Dares To Kill Proof Of History

  • Solana is considering discarding the Proof of History mechanism and adopting a simpler design called 'Alpenglow' to improve transaction finality speed by 100 times.
  • Alpenglow collapses three moving parts into two, eliminating the need for on-chain vote transactions and reducing participation costs for validators significantly.
  • The security budget of Alpenglow shifts to a '20 + 20' envelope model, maintaining safety and liveness even in the presence of potential adversaries.
  • The proposed changes aim to enhance transaction efficiency, reduce costs for smaller validators, and potentially implement multi-leader execution on the Solana network.

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TheCryptoBasic

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Solana Sideways Trend Sparks Double Top Risks: Can Bulls Drive SOL to $215?

  • Solana is holding steady above $165, with potential for a breakout to $215.
  • Solana's price analysis shows a sideways trend with potential double top risks near $184, but a bullish trend towards $215.
  • Analysts identify a bullish pennant formation targeting $200 if bullish momentum persists.
  • Derivatives data indicate a bearish warning with declining open interest and a shift in funding rate reflecting bearish sentiment.

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Coinpedia

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Solana (SOL) Price Analysis: Strong Support at $170, What Next?

  • Solana is making significant strides in the blockchain and financial ecosystem with developments like SOL Strategies’ $1 billion prospectus and $500 million ATW facility.
  • MetaMask integration is enhancing Solana's adoption by enabling faster and cheaper cross-chain interactions, lowering entry barriers for users.
  • RedStone's integration is bringing institutional-grade data to Solana’s DeFi sector, enhancing access to RWAs and allowing for diversified investment strategies.
  • In terms of SOL price analysis, the cryptocurrency is trading at $172.42, showing resilience with a strong support level at $168–$170 and potential resistance at $178.50.

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TronWeekly

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Cardano (ADA) Is on the Rise in Bullish Sentiments, Price Rally Next?

  • Cardano (ADA) has gained significant popularity among crypto enthusiasts, ranking second in favorability with 91.9% of supporters voting for it.
  • Despite recent price decreases, positive sentiment among investors suggests a potential price rally for ADA in the near future.
  • The Cardano ecosystem continues to be trusted by investors, with growing community backing and increasing daily transactions on the network.
  • Investors and experts show more enthusiasm for Cardano than other major cryptocurrencies like Ethereum, positioning ADA favorably in market sentiment.

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TheNewsCrypto

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Top Solana Meme Coins to Invest in 2025

  • The emergence of cryptocurrencies led to the creation of memecoins, adding a fun aspect to the crypto industry.
  • Solana meme coins have gained popularity due to technical advantages and efficient blockchain.
  • Several meme coins have been created based on popular internet memes and social media hype.
  • Solana's fast transactions and low fees make it ideal for creating memecoins, leading to their growth.
  • Platforms like Pump Fun on Solana have simplified memecoin creation without coding requirements.
  • Top Solana memecoins for 2025 include Official Trump (TRUMP), Bonk (BONK), Fartcoin (FARTCOIN), Pudgy Penguins (PENGU), and Dogwifcat (WIF).
  • Official Trump (TRUMP) and Bonk (BONK) have substantial market caps and potential for growth.
  • Fartcoin (FARTCOIN) and Pudgy Penguins (PENGU) leverage humor and community engagement for price surges.
  • Investors should monitor market movements of Solana memecoins like Popcat (POPCAT) and Cat in a Dogs World (MEW) for profit opportunities.
  • Community engagement, branding, and integration with the Solana ecosystem contribute to the success of top Solana meme coins.

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TheNewsCrypto

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Hold or Fold? Solana (SOL) Faces a Crossroads

  • Solana (SOL) is currently trading around $174 with a daily trading volume surge of over 24%.
  • Mixed sentiment in the crypto market has led to Solana bouncing between green and red candles.
  • Solana's MACD indicator suggests bearish momentum, potentially leading to a downside correction.
  • Altcoin's Chaikin Money Flow (CMF) indicator shows moderate buying pressure, with a possibility of a bullish trend if sustained.

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TheNewsCrypto

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What’s A Better Blockchain, Solana Or Cardano? How Mantix Is Capturing Attention In The Crypto Space

  • Solana and Cardano are at the forefront of blockchain technology with their focus on scalability, speed, and real-world utility, while Mantix Exchange is emerging as a new player garnering attention in the DeFi space.
  • Solana has shown remarkable network activity and growth, boasting a high TVL of $9.32 billion and processing billions in trades on decentralized exchanges.
  • Cardano continues its relentless innovation with plans for a fast L2 network and collaboration with Ripple, leading to a 66% price increase in the yearly chart.
  • Mantix Exchange offers a unique DeFi experience with lower transaction costs, fast trading opportunities, passive income options, and a deflationary supply model, with the presale attracting attention for its bold 100x prediction.

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Bitcoinsensus

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Solana Price Analysis: Bulls Battle $180 Resistance—Breakout or Rejection?

  • Solana (SOL) has shown significant upward momentum in recent weeks, bouncing back from below $100 on April 7.
  • Currently trading at $176.81, SOL faces a crucial resistance level at $180, historically a key pivot point for the asset's price action.
  • Depending on how SOL interacts with the $180 level, different scenarios could unfold for traders looking to enter or exit positions.
  • Traders are advised to monitor volume, key support levels, and price action around $180 to gauge potential upside or downside targets for SOL.

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Insider

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I went to a crypto conference, and it was nothing like I expected

  • Solana's Accelerate conference in New York City was different from traditional crypto conferences, lacking the flashy eccentricity and over-hyped extravagance.
  • The event had a more serious tone, with attendees focusing on work rather than gimmicks, parties, or performances.
  • Stablecoins emerged as a major topic of discussion at the conference, with speakers emphasizing their role as digital currency linked to fiat currencies like the US dollar.
  • Politics also played a significant role, with discussions around regulations, political figures expressing views on crypto, and the varied political affiliations within the industry.

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Crypto-News-Flash

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Ethereum to Outperform Solana in 2025, According to Standard Chartered

  • Standard Chartered predicts that Ethereum will outperform Solana by the end of 2025 due to stronger long-term fundamentals and steady upgrades.
  • Ethereum is expected to reach $4,000 by the end of 2025 and $7,500 by 2029, while Solana is projected to hit $275 by 2025 and around $500 by 2029.
  • The reliance on memecoins is seen as a risk factor for Solana's future growth, with market confidence in the memecoin sector shrinking and affecting Solana's performance.
  • Market sentiment indicates a shift away from memecoins towards assets like Bitcoin and Ethereum, with concerns raised about the long-term viability of memecoins by industry experts.

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Newsbtc

2d

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Solana Funding Rates Turn Negative – Early Sign Of Selling Pressure?

  • Solana is consolidating just below the $180 level after a strong rally, facing resistance as buyers struggle to push SOL decisively through the key barrier.
  • New data shows Solana is the only top 10 cryptocurrency with a negative funding rate, signaling potential short-side pressure building in the derivatives market.
  • The divergence between price consolidation and growing bearish positioning in Solana could act as a catalyst for a short-term move, setting the tone for market behavior ahead.
  • Solana is at a critical inflection point after a significant rally, with bulls needing to push above a major resistance zone to confirm the uptrend and potentially move towards $200 and beyond.

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