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Solana News
Bitcoinist
3w
220
Image Credit: Bitcoinist
XRP & Solana See 60-Day Volatility Break 100%: How Do Bitcoin & Dogecoin Compare?
- XRP and Solana have experienced a significant increase in 60-day Realized Volatility.
- XRP and SOL have seen their volatility spike to over 100%, while ADA reached a new all-time high of about 150%.
- Bitcoin (BTC) has a relatively low value of the indicator, with a volatility of around 50%.
- In terms of Social Volume, fear has increased among cryptocurrency traders, but bullish sentiment is still present.
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TheNewsCrypto
3w
22
Image Credit: TheNewsCrypto
Solana and Altcoin ETF Delays Continue as SEC Extends Review Process
- The U.S. SEC has delayed its decision on VanEck's proposed Solana (SOL) ETF, along with other altcoin ETFs.
- The SEC continues to assess crypto-related investment products, considering concerns about market volatility, regulatory scrutiny, and custody security.
- The postponement allows the SEC more time to evaluate VanEck's proposal and potentially set a precedent for other altcoin ETFs.
- SEC has also delayed decisions on ETFs for Dogecoin (DOGE), XRP, Litecoin (LTC), Cardano (ADA), and staking proposals for Ethereum ETFs.
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Pymnts
3w
220
Image Credit: Pymnts
Rakurai Raises $3 Million for Solana Staking Infrastructure Project
- Rakurai, an infrastructure project centered around improving Solana staking, has raised $3 million.
- The funding will support the launch of Rakurai's Solana staking platform, which aims to provide high-quality of service transaction landing.
- Rakurai's technology focuses on optimizing transaction scheduling to improve block creation efficiency and increase validator rewards.
- The seed funding round was led by Anagram Ventures, with participation from other investors.
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TheNewsCrypto
3w
171
Image Credit: TheNewsCrypto
Solana’s Price Faces Bearish Pressure as Meme Coin Frenzy Fades
- Solana's price has dropped by 3.50% in the past 24 hours and is trading at $124.
- Solana's revenue fell by 93%, reaching its lowest level since September.
- Technical indicators suggest further price decline if bearish momentum persists.
- Meme coin frenzy is fading, leading to a sharp decline in Solana's revenue.
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Crypto-News-Flash
3w
61
Image Credit: Crypto-News-Flash
Solana’s Transaction Fees Drop to Lowest Since 2024
- Solana’s transaction fees hit 53,800 SOL, the lowest since September 2024.
- Solana's network activity and user engagement are declining, resulting in lower transaction fees.
- The average 7-day count of active addresses on the Solana network has dropped by 35% recently.
- Solana validators are voting on proposals that could impact staking rewards and inflation, potentially reshaping the network's economic structure.
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Zycrypto
3w
436
Image Credit: Zycrypto
“Ethereum Has Nowhere To Go” Crypto Executive Projects Bitcoin and Solana Dominance
- Ethereum is facing tough competition from other networks and rising dominance of Bitcoin.
- Some developers are moving to faster and cheaper networks, impacting Ethereum.
- Solana and other networks offer more functionalities and are considered as potential alternatives to Ethereum.
- Bitcoin is regarded as better money compared to Ethereum, attracting institutional investors.
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Cryptonews
3w
322
Image Credit: Cryptonews
SOL Down 16%, as Polymarket Bettors Believe Solana’s Slump to Continue in March
- Solana (SOL) has fallen almost 20% in the past week to US$115.25, with betting markets indicating a 64% chance it will hit $100 by March end.
- Memecoins across the board are losing favour following scandals, with even Trump’s token (TRUMP) dropping 87% from its January all-time high.
- Memecoin platform Pump.fun has seen daily active users decline by over 50% to 169,000, compared to nearly 390,000 in February.
- Analyst Crypto Patel suggests SOL could eventually reach US$500, with pending approval of Solana ETFs by the new SEC leadership.
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Cryptonews
3w
410
Image Credit: Cryptonews
President Trump’s Solana Meme Coin Down 85% From Peak as Inflation Fears Slam Bitcoin
- President Trump's Solana meme coin TRUMP is trading at $10.50, down over 85% from its all-time high price.
- The decline of TRUMP token aligns with overall market downturns, including Bitcoin and Ethereum.
- Inflation fears have negatively impacted financial markets, causing increased volatility.
- The decline in meme coins on Solana, including TRUMP, can be attributed to recent scandals and falling prices of other meme coins.
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TronWeekly
3w
136
Image Credit: TronWeekly
Bitcoin and Solana Squeeze Ethereum, Challenging Its Market Dominance
- Bitcoin and Solana are challenging Ethereum's market dominance with their reputation, efficiency, and strategic advances.
- Ethereum's price struggles and declining network activity indicate weakness and raise concerns.
- Andre Cronje favors Solana, Tron, and XRP over Ethereum as better investment options.
- Ethereum faces squeezing from Bitcoin and Solana, with the former's reputation and the latter's speed and potential ETF approval.
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TheNewsCrypto
3w
53
Image Credit: TheNewsCrypto
Solana Price Faces Heat Amid Crypto Market Downturn
- Solana price is facing a downturn despite the minting of USDC stablecoins totaling over $9.5B.
- Solana is trading at $127.48, down 7.81% in the last 24 hours.
- Solana's decline is happening amidst trade tensions and the impact of Trump's Bitcoin Reserve order on the cryptocurrency market.
- The decline in Solana's price continues despite being listed in the Digital Asset Stockpile of US President Donald Trump.
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TheNewsCrypto
3w
118
Image Credit: TheNewsCrypto
Can Solana (SOL) Hold Above $130 or Face Further Decline?
- Solana (SOL) trades at $134.49, down 2.20% in 24 hours.
- The market cap is at $68.44B, and the trading volume is down 55.18% to $2.12B.
- Solana faces immediate resistance at $140 with support at $130. Further decline is possible if support is broken.
- Weak RSI and negative CMF indicate limited strength for an immediate rebound. The upcoming validator vote and Solana's presence in the DeFi space may influence long-term growth.
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Hackernoon
4w
62
Image Credit: Hackernoon
The PlumTree Algorithm (PTA) in the Solana Gossip Protocol: Some Thoughts
- The PlumTree algorithm aims to reduce latency and redundancy in message transmission in peer-to-peer networks and distributed systems by finding the shortest path in a spanning tree to forward messages efficiently.
- Solana implements a gossip-based block propagation method where nodes broadcast new blocks and share data only if the receiving node does not already possess the block.
- Plumtree combines tree-based and gossip-based approaches to reduce redundancy while maintaining reliability in message propagation.
- Plumtree is inspired by the growth and ripening process of plums, utilizing thresholds to update positions and improve message dissemination.
- Plumtree's approach involves tree-based broadcast for efficiency and gossip-based links for fault tolerance in message dissemination.
- Solana uses the Plumtree algorithm to construct a spanning tree for efficient data dissemination without relying on a central source.
- Plumtree's Eager push and Lazy push mechanisms assist in message transmission efficiency within a network.
- In Solana, Plumtree's tree-based broadcast differs from Ethereum's GossipSub, focusing on optimal routing paths and message redundancy handling.
- Solana's Plumtree emphasizes optimized message paths, while Ethereum's GossipSub employs random epidemic broadcast for data dissemination.
- Plumtree in Solana facilitates hierarchical message dissemination among nodes autonomously within a network structure.
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TheNewsCrypto
4w
248
Image Credit: TheNewsCrypto
Solana (SOL) Price Prediction 2025, 2026-2030
- Bullish SOL price prediction for 2025 ranges from $180.87 to $248.17.
- Bearish SOL price prediction for 2025 is $94.65.
- Solana (SOL) operates on its scalable blockchain and was launched in March 2020, combining PoH and PoS consensus mechanisms.
- Solana has revolutionized the NFT marketplace and gained traction with Solana-based NFTs over Ethereum-based NFTs.
- Solana (SOL) current price is $137.80 with a 24-hour price change of 4.82% down and a market cap of $70.11B.
- Resistance levels for SOL in 2025 are at $180.87 and $248.17, while support levels are at $132.26 and $94.65.
- Technical analysis indicators for SOL in 2025 show bearish trends with 50-day MA > Price and RSI nearly oversold.
- Solana price prediction for 2026-2030 suggests bullish prices ranging from $420 to $800 and bearish prices from $60 to $80 in 2030.
- Possible new ATH for SOL predicted if market momentum and investor sentiment remain positive.
- Solana can be purchased on exchanges like Binance, OKX, and Bybit, with high expectations for reaching $400 and beyond.
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TheNewsCrypto
4w
323
Image Credit: TheNewsCrypto
Solana Eyes $150 Resistance Amid Market Uncertainty
- The resistance point for Solana exists around $150 but the support stands near $135.
- Weak leverage demand and on-chain activity limit SOL’s upside.
- An upcoming approval of Solana ETFs might produce a brief market rise.
- Solana (SOL) is trading at $138.80, reflecting a 4.23% decline in the last 24 hours.
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NullTX
4w
438
Image Credit: NullTX
Solana DeFi: Is the “Flippening” of 2025 a Reality?
- 2025 could be the year that changes decentralized finance (DeFi) forever with Solana's rapid growth in the market dynamics, challenging Ethereum's dominance.
- Solana's DEX volume surpassing Ethereum and the entire EVM ecosystem indicates a significant shift in the DeFi market landscape.
- Key DeFi protocols like Jito, Jupiter, Kamino, and Raydium on Solana have driven the surge in volume and momentum in the DeFi space.
- Despite rapid growth, Solana's DeFi protocols are valued lower than those on Ethereum, presenting a potential opportunity for developers and investors.
- Solana's reliability, speed, low fees, and expanding ecosystem make it a promising base layer for decentralized applications, potentially outperforming Ethereum.
- With Solana positioning itself as a DeFi heavyweight, the ecosystem is maturing and poised to capture a significant share of the DeFi marketplace.
- Solana's trajectory in the DeFi space suggests it could emerge as a direct challenger to Ethereum, offering a compelling alternative for DeFi developers and investors.
- The Ethereumiverse may not be the sole hub for DeFi in the future as Solana's community, liquidity, and ecosystem growth indicate a strong potential for market capture.
- Solana's rise in 2025 signifies its journey towards leadership in the DeFi space, potentially becoming a blue-chip DeFi ecosystem with substantial growth prospects.
- Solana's advancements highlight a promising future as a DeFi leader, posing as a formidable competitor to Ethereum and showcasing a maturing DeFi landscape.
- The article concludes by advising to conduct thorough research before investing in cryptocurrencies or services and suggests following on Twitter for updates on Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news.
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