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Solana News
Bitcoinist
3h
69
Image Credit: Bitcoinist
BlackRock’s Ethereum ETF Soars Past 1 Million ETH – Can Price Follow?
- BlackRock's iShares Ethereum Trust ETF has accumulated over one million ETH, reflecting strong institutional demand for Ethereum.
- Institutional interest in Ethereum is on the rise, as evidenced by the continuous net inflows into US spot ETH ETFs.
- Crypto analysts remain optimistic about Ethereum's potential to reach a new all-time high, based on historical price patterns and technical analysis.
- The total crypto market cap has experienced a downturn, but some analysts believe it could serve as a retest of the previous ATH and act as a base for the next upward rally.
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4 Likes
TechBullion
14h
47
Image Credit: TechBullion
Shiba Inu Faces Fresh Competition From an Emerging SOL-Based Token Forecasting Epic $5 Potential
- A new SOL-based token is emerging as a competitor to meme coins like Shiba Inu.
- This token is generating buzz with forecasts predicting a possible $5 surge.
- DOGEN, the new contender, aims to offer luxury and success to its holders.
- With a 700% surge expected by presale's end, DOGEN seeks to challenge the status quo.
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2 Likes
Medium
17h
353
Image Credit: Medium
How Proof of History Transforms Transaction Speed and Security in Solana
- Solana's Proof of History (PoH) introduces a time-stamping mechanism into the blockchain, creating a historical, verifiable record that proves an event occurred at a specific time.
- PoH ensures an accurate and reliable timeline that eliminates ambiguity regarding when transactions were initiated, processed and confirmed, enhancing both speed and security.
- Solana’s ability to process thousands of transactions per second (TPS) thanks to its PoH makes it an attractive option for applications requiring rapid transaction processing, such as finance or gaming.
- PoH supports a decentralized network where multiple nodes can participate without needing specialized hardware, allowing a broader range of developers and businesses to join.
- Cryptography plays a pivotal role in ensuring the integrity and security of PoH, securing the data, and enhancing trust among participants in the network.
- PoH has real-world implications across various industries, such as supply chain management, gaming, finance, and identity verification, where verifiable timestamps are crucial for transparency and accountability.
- PoH is an energy-efficient solution when compared to traditional Proof of Work (PoW), whereas PoW requires vast amounts of computational power and energy resources leading to environmental concerns regarding sustainability.
- Transitioning from traditional methods of consensus to PoH may pose challenges for organizations familiar with older systems; education and training will be necessary to implement its technology effectively.
- Proof of History represents a significant advancement in blockchain technology by integrating time into transaction verification processes and has unique capabilities beyond current use cases.
- As businesses explore DApp development on platforms like Solana, understanding the implications and benefits associated with PoH is crucial for making informed decisions about their technological investments.
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21 Likes
Crypto-News-Flash
1d
154
Image Credit: Crypto-News-Flash
New Opportunities Emerge as Solana Activates Buy Zone
- Solana's buy zone has been activated, signaling potential growth.
- Analyst Alan Santana sees the correction as a strategic opportunity for investors.
- Solana's long-term development seems positive with increasing momentum.
- Institutional interest in Solana grows with the introduction of Solana Staking ETP in Europe.
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9 Likes
Cryptoticker
3d
240
Image Credit: Cryptoticker
Solana Price Prediction: Will SOL Hit $400 or Face Further Correction?
- Solana (SOL) is at a critical crossroads with potential for a surge to $400 according to bullish analysts.
- Bullish indicators include a potential rally supported by technical analysis and on-chain metrics.
- However, bearish indicators suggest a possible correction, with factors such as closing below key support levels and liquidations.
- Investors should monitor support and resistance levels to determine Solana's next move.
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14 Likes
Crypto-News-Flash
8h
120
Image Credit: Crypto-News-Flash
Solana TVL Hits Record 2024 High, but SOL Price Faces Headwinds
- Solana's network activity remains strong, with record-high transactions and a peak TVL of 55.37 million SOL despite bearish market trends.
- SOL's price dipped but showed signs of stabilization, while derivatives and spot market trends hint at a potential recovery.
- The Solana blockchain has maintained robust network activity, with an increase in transactions, Total Value Locked (TVL), and on-chain volume.
- Derivatives market shows mixed signals, with negative change in open interest but positive signs in funding rates in the last 24 hours.
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7 Likes
Newsbtc
13h
43
Image Credit: Newsbtc
Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term
- Solana (SOL) holds weekly support at $180 amidst a 33% correction from its all-time high.
- Crypto analyst Carl Runefelt believes Solana's retest of a triangle pattern on the weekly timeframe indicates potential for a significant rally.
- Solana's ability to maintain its structural integrity amidst market corrections provides hope for bulls.
- If Solana holds above $180, it could surge to $330 in the coming weeks, according to analyst projections.
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2 Likes
Bitcoinist
23h
74
Image Credit: Bitcoinist
Analysts Predict These Presales Will Surge at the End of 2024 like PENGU & Fartcoin
- SOLX, iDEGEN, WEPE, and Vantard are predicted to surge like PENGU and Fartcoin by the end of 2024.
- SOLX is a promising token with a strong initial hype and is the native currency of a new project for Solana.
- iDEGEN is an AI meme coin that has gained significant attention and returns, with predictions of becoming a 1000x coin.
- WEPE is a popular token with a high grossing presale and experts predict a 500% surge next year.
- Vantard is a meme portfolio token that provides access to diversified meme coins and is ideal for beginners.
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4 Likes
Bitcoinist
1d
293
Image Credit: Bitcoinist
Everyone is Eyeing XRP Gains While This Presale with Huge Potential Is Under the Radar
- Ripple (XRP) has seen a 20% rally in the past week, but it has a long way to go to reach its all-time high.
- Meanwhile, Solaxy ($SOLX), a decentralized solar energy marketplace, is gaining traction in the presale space.
- Solaxy aims to decentralize energy access and reduce carbon footprint, resonating with eco-conscious investors.
- Early investors predict potential gains of 2.5x to 3.5x return post-launch for $SOLX, but caution is advised.
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17 Likes
Bitcoinist
1d
201
Image Credit: Bitcoinist
The Solana Layer 2 Revolution: Why Solaxy’s $SOLX Could Be The Next 100x Token
- Solaxy's $SOLX is speculated to be the next 100x token in the meme coin market.
- Solaxy is developing a layer-2 solution for Solana to address congestion and slow transactions.
- Solaxy's features include offloading processing to speed up transactions and transaction bundling for scalability.
- Experts predict $SOLX to experience its first price surge of around 20x during its presale.
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12 Likes
TheNewsCrypto
2d
105
Image Credit: TheNewsCrypto
Solana Price Faces Continued Decline Amid Ongoing Bearish Momentum
- Solana (SOL) price continues to decline, trading at $181.36.
- Whale activity has increased, indicating a potential dip-buying sentiment.
- Total Value Locked (TVL) has dropped, raising concerns about Solana's short-term future.
- If the price breaks above $200, it could signal a recovery, while staying below $175 may lead to further drops.
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6 Likes
Medium
2d
109
Image Credit: Medium
Arcium and blockchain privacy in 2024 — Year in review — gMPC
- Arcium is a parallelized confidential computing network that aims to become the global computing network for Web3 and the Internet.
- In May 2024, Arcium received $5.5m in strategic funding from Greenfield Capital and Coinbase Ventures.
- Arcium partnered with Galxe to launch the first Community Questing campaign and received 20k submissions for its private incentivized testnet.
- In September 2024, Arcium opened the Citadel Gates and welcomed participants to a 6-week initiative journey based on its four pillars.
- Arcium acquired the core technology and team from Inpher, a Web2 confidential computing project, expanding its privacy-preserving AI territory.
- Other milestones include 20+ projects forming the DECC Alliance and featuring in Solana Breakpoint and Token2049 in Singapore.
- In summary, Arcium had a successful 2024 with numerous partnerships and achievements, including funding, acquisition and global recognition.
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6 Likes
Livebitcoinnews
2d
66
Image Credit: Livebitcoinnews
Bitwise Launches Solana Staking ETP in Europe
- Bitwise has launched a new Solana Staking Exchange-Traded Product (ETP) called BSOL in Europe.
- BSOL provides institutional-grade exposure to Solana's native cryptocurrency, SOL, and is listed on Xetra.
- BSOL offers a staking mechanism that is expected to provide better returns compared to other Solana staking solutions.
- Bitwise aims to expand its foothold in Europe by introducing other institutional-quality crypto offerings.
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4 Likes
Blockonomi
2d
134
Image Credit: Blockonomi
Don’t Sell Yet! Investor Reveals the Perfect Time to Take Profit on Top 3 Altcoins Ripple (XRP), Solana (SOL), and Rexas Finance (RXS)
- Rexas Finance (RXS) is a new blockchain-based platform that tokenizes real estate assets for decentralized finance (DeFi) solutions.
- Investors are advised to take partial profits on RXS when it doubles to $0.30 and consider holding until it reaches $1 for potential exponential growth.
- For Ripple (XRP), $3 is seen as a crucial resistance level, and a breakout above this level could lead to movement towards $4.
- Solana (SOL) is a major player in the blockchain scene, with experts advising short-term profit-taking at $250 and long-term aiming for $300.
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8 Likes
Zycrypto
3d
292
Image Credit: Zycrypto
Solana’s $400 Surge in Sight as Top Analyst Highlights Key Catalyst
- Solana (SOL), the sixth-largest crypto, shows lackluster performance and revisits critical support level.
- Analyst MartyParty identifies a price pattern signaling potential for a strong upward rally, with a price target of $345.
- Analyst Ridger R suggests Solana has completed its downward wave, anticipates a breakout from a bull flag pattern.
- Solana's growing adoption, expanding ecosystem, and developer growth contribute to its positive outlook.
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17 Likes
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