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Solana News
Crypto-News-Flash
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Image Credit: Crypto-News-Flash
RCO Finance Goes Viral Over Increasing Demand from Solana and Ethereum Whales, What’s Behind the Hype?
- RCO Finance (RCOF) is attracting investors, including whales from Solana (SOL) and Ethereum (ETH), due to its AI-powered features and potential for high returns.
- Solana's decentralized exchange (DEX) activity has reached record highs, with SOL whales shifting to RCOF for long-term gains amid Solana's price decline.
- Ethereum's recent price surge has revived investor interest, but ETH investors are also turning to RCOF for its trading ecosystem in case ETH falls below $3,000.
- RCO Finance stands out in the DeFi ecosystem with its AI-driven platform, offering an AI Robo Advisor, access to 120,000 assets, 1000x leverage, and partnerships for security.
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5 Likes
Zycrypto
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Image Credit: Zycrypto
Bitcoin OG Who Called $1 BTC Now Predicts Solana Will Soar Past $1,000
- Bitcoin advocate Davinci Jeremie predicts that Solana (SOL) could surpass $1,200 in the coming months.
- Jeremie highlights Solana's dominance in the decentralized finance (DeFi) space, driving 45% of on-chain DEX volume.
- Solana's decentralized exchange trading volumes in November exceeded $109.8 billion, nearly double Ethereum's volume.
- Jeremie believes the potential launch of a Solana ETF and institutional investment will further drive Solana's price appreciation.
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8 Likes
Cryptoslate
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Image Credit: Cryptoslate
Coinbase resolves Solana transaction delays, admits internal missteps
- Coinbase faced criticism from the Solana blockchain community due to transaction delays on the network.
- Coinbase initially attributed the delays to Solana's infrastructure but later admitted internal system issues were the cause.
- Prominent figures within the Solana community confirmed that the delays were not due to Solana's network or infrastructure.
- Coinbase resolved the issue and confirmed that the delays in processing Solana transactions had been resolved.
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13 Likes
Bitcoinist
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Image Credit: Bitcoinist
Crypto Sleuth Accuses Pro Fortnite Player Of Stealing $3.5 Million In Memecoin Scams
- Crypto sleuth ZachXBT has accused former professional Fortnite player Serpent of helping steal $3.5 million from memecoin scams.
- ZachXBT's investigation found a connection between Serpent's wallets and addresses linked to several X and Instagram account takeovers (ATOs).
- The hacks involved the theft of $3.5 million from investors who bought scam memecoins launched on Solana's token launchpad Pump.fun.
- Serpent has a history of alleged scams, including co-founding a rug-pulled NFT project and being caught cheating while playing Fortnite.
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6 Likes
TechBullion
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Image Credit: TechBullion
Crypto’s Next Big Thing: Why WallitIQ (WLTQ) Will Run 75,000% To Outpace Dogecoin, Solana, And XRP In 2025
- WallitIQ (WLTQ) is gaining traction as a potential game-changer in the crypto market.
- It offers unique features like AI-driven security protocols and Physical to Digital (P2D) wallet function.
- WallitIQ (WLTQ) aims to provide a secure and user-friendly experience for crypto users.
- Experts predict a staggering 75,000% surge for WallitIQ (WLTQ) compared to other tokens like Dogecoin, Solana, and XRP by 2025.
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9 Likes
TheNewsCrypto
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Image Credit: TheNewsCrypto
Technical Signals Point to Solana’s Struggle Near ATH as Bears Take Control
- Solana (SOL) is facing strong resistance at $246, with high liquidation risk.
- The Chaikin Money Flow indicator indicates increasing selling pressure.
- Technical analysis suggests a potential drop to the $222-$200 range.
- Investors should monitor key levels, including the $225 support, for SOL's next move.
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21 Likes
NullTX
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Image Credit: NullTX
Pump.fun’s $SOL Activity Raises Speculation About Potential Sales On Kraken
- The Pump.fun Fee Account has transferred 99,999 $SOL, worth approximately $22.74 million, into Kraken.
- Pump.fun has a history of selling $SOL, with previous on-chain sales totaling $41.64 million USDC.
- Recent deposits of $SOL into Kraken suggest a potential for further sales.
- The activity has raised concerns about the impact on Solana's token price.
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14 Likes
Crypto-News-Flash
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Image Credit: Crypto-News-Flash
Crypto Shake-Up: SUI Leads With $213M Unlock Amid Recovery Hopes
- Several cryptos, including Sui, DYDX, ZETA, and ADA, are reported to unlock a significant amount of their respective tokens into circulation.
- Sui is expected to release 64.19 million tokens ($213.77 million), while ZETA is set to unlock 53.89 million tokens ($38.45 million).
- These token unlocks could trigger a short-term drop in the market and raise concerns about long-term sustainability for the ecosystems.
- Analysts believe that Sui could sustain its bullish trend and reach a price of $4.7 despite the token unlock.
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19 Likes
TheCryptoBasic
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Image Credit: TheCryptoBasic
Solana Cup and Handle Formation Suggests Incoming 92% Surge to $375
- Solana (SOL) is currently trading at $235, down 10.13% from its all-time high (ATH).
- Solana's price action is showing a bullish 'cup and handle' pattern, indicating potential growth.
- Technical analysis suggests a potential 92.39% surge to $375 for SOL.
- Solana's Total Value Locked (TVL) has risen to $8.97 billion, indicating strength in the ecosystem.
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2 Likes
Nigeriabitcoincummunity
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345
Is Ethereum Dead? – 5 Top Reasons Why ETH Will Bounce Back
- November has been a challenging month for Ethereum which is being tested against BTC during political turmoil. But Ethereum’s performance against its contenders makes it resilient and market depth is still apparent.
- Despite ETH being challenged, it remains a strong contender in the market with established leadership in DeFi and growing institutional backing.
- Renowned trader, Peter Brandt, identified a cyclical bottom in the ETH/BTC price ratio which has been known as a precursor to ETH outperforming BTC.
- Crypto analyst, Ali Martinez, predicted that Ethereum could peak at $6,000 during this market cycle, as indications are ETH will outperform BTC during this late-cycle rally.
- Ethereum’s dominance in DeFi remains unchallenged. Its position in the space reinforces Ethereum’s position as the leading blockchain for DeFi applications.
- When compared to Ethereum’s main competitor, Solana, its larger market cap ($423 billion vs. Solana’s $129 billion) demonstrates Ethereum’s resilience and market depth.
- Many institutional investors are staking their assets in Ethereum to secure the network and earn yield, showing a growing institutional backing which fuels confidence for the future of ETH.
- Despite the challenges from its competition, Ethereum will likely define the next phase of the blockchain revolution as it remains a strong investment with a potential peak of $6,000.
- There are still many bullish signs for Ethereum and its performance in the years to come will likely define the next steps for the blockchain revolution.
- ETH is not dead and far from ceding its position in the crypto market.
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20 Likes
99Bitcoins
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Is Solana Preparing For a 400% Rally? Will SOL Price Hit $1,000?
- Solana's price is surging and reaching new all-time highs amid institutional interest.
- Despite the recent market correction, SOL remains firm and is within a bullish breakout formation.
- Key driving factors behind the rise of Solana include regulatory clarity, institutional involvement, and expanding offerings.
- With supportive fundamentals and an improving regulatory outlook, SOL may easily surpass $1,000 in the coming months.
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9 Likes
Crypto-News-Flash
3w
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Image Credit: Crypto-News-Flash
SOL Price Recovery Builds Momentum – Will $300 Solana Be the Next Milestone?
- Solana's total value locked (TVL) surged by 48% in the last 30 days, outpacing competitors like BNB Chain and Tron.
- Solana leads in memecoin launches and trading, with its top-performing DApps outshining Ethereum's counterparts in gross revenue.
- Despite a 10% dip in SOL's price, the futures market shows growing optimism, with traders betting on a price rally towards $300.
- Solana is currently trading at $240.80 and could potentially reach the $300 milestone, solidifying its position as a leading blockchain network.
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11 Likes
Cryptonews
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Image Credit: Cryptonews
Crypto’s Wild Ride Awaits as Altcoin Funds Line Up at SEC’s Door, Says Bloomberg’s Balchunas
- Asset managers are preparing for a surge in spot ETF applications with the pro-crypto administration of Donald Trump.
- Analysts predict that the number of crypto ETF filings could triple by January.
- Recent applications include funds for Solana, a BTC/ETH combo, and a surprise filing for Hedera from Canary Capital.
- Approval timelines for ETFs remain uncertain, with experts warning it could take years for even the most promising ones to be greenlit.
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17 Likes
TronWeekly
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Image Credit: TronWeekly
Ethereum’s L1 and L2 Success: Bitcoin and Solana Race to Catch Up
- Bitcoin and Solana are now emulating Ethereum’s L1 and L2 model for improved scalability and decentralization.
- Bitcoin aims to address its security budget crisis through L2 solutions, following Ethereum’s success.
- Solana introduces its first L2 solution but faces decentralization challenges, lagging behind Ethereum.
- The trend of Bitcoin and Solana adopting Ethereum’s model indicates the growing impact of Ethereum in the blockchain world.
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16 Likes
Dev
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Image Credit: Dev
Running Your First Solana Project with Anchor
- To run your first Solana project using Anchor, follow these steps:
- 1. Install Visual Studio Code (VS Code) and the Remote - WSL extension.
- 2. Connect VS Code to the WSL Ubuntu environment.
- 3. Install the Rust Analyzer extension.
- 4. Generate a default Anchor project and build it.
- 5. Run the Solana test validator.
- 6. Get some SOL for gas fees and deploy the Anchor program on the Devnet.
- 7. Interact with the deployed program using Anchor's test suite.
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15 Likes
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