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Bitcoinist

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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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TheNewsCrypto

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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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Medium

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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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Livebitcoinnews

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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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Blockonomi

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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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Cryptoticker

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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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Zycrypto

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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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Crypto-News-Flash

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Solana Staking Product from Bitwise Now Available in Germany as US ETF Approval Grows Likely

  • Bitwise has launched a Solana Staking ETP in Europe, offering higher returns.
  • The new ETP offers an annual percentage yield (APY) of 6.48% for stakers.
  • Solana blockchain is gaining popularity for its speed and affordability compared to Ethereum.
  • While regulatory challenges persist in the US, European investors can access innovative Solana-based products.

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Crypto-News-Flash

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Solana Price Prediction: SOL Likely to See Double-Digit Correction, Technical Analysis Says

  • Solana's price struggles at $183 after a 40% drop from $228 resistance, with a bearish RSI at 26 hinting at further declines.
  • Solana's TVL plummets 8% overnight to $8.45B, sparking concerns of a potential repeat of prior double-digit price drops.
  • Resistance around $228 proved too much for SOL, resulting in a steep 40% decline to the current level of $183. The bearish momentum is clear with the RSI indicator dipping to 26.
  • A closer look at Solana's TVL reveals a sharp drop from $9.18B to $8.45B in 24 hours, fueling speculation of a repeat performance seen in previous price drops exceeding 10%.

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TechBullion

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Can Cardano Leave Solana Behind? ChatGPT Backs XYZ for a Surprising Upset

  • Cardano (ADA) has shown notable fluctuations recently, with strong long-term growth potential.
  • Solana (SOL) has experienced significant growth over the past six months, but recent trends suggest a pullback.
  • XYZVerse (XYZ) is an unexpected player backed by AI forecasts, aiming to shake up the crypto rankings.
  • XYZVerse combines sports passion with meme culture and is positioned for remarkable growth.

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TheNewsCrypto

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Lightchain AI Price Prediction Why LCAI Will Outperform Solana (SOL) and Reach $20 in the Upcoming Pump

  • Lightchain AI (LCAI) is gaining traction in the cryptocurrency market, with analysts predicting a potential rise to $20 in the next market surge.
  • Solana (SOL) may face challenges in keeping up with the rapid innovation of emerging projects like LCAI due to growth and reliability issues.
  • LCAI sets itself apart by integrating AI with blockchain, attracting developers and enterprises seeking practical solutions.
  • Price drivers for LCAI's surge to $20 include deflationary tokenomics, early-stage investment potential, and a strategic roadmap.

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NullTX

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SOLANA PRICE ANALYSIS & PREDICTION (December 20) – Sol Advances Retracement, Target This Key Support Line For Rebound

  • Solana (SOL) has experienced a 3% loss in the past 24 hours, showing signs of weakness.
  • The price is currently under retracement, with a key support level of $210.
  • A major sell-off could retrace the price lower to the $190-$180 area.
  • Immediate resistance levels are at $247 and $264.4.

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Crypto-News-Flash

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SUI Price Struggles—Can New Technology and Opportunities Push It to $7.73?

  • SUI has been predicted to hit $20 but would first have to breach crucial resistance levels at $3.95, $3.50, and $3.60.
  • SUI has recorded a significant surge in 2024, and this run is expected to continue in 2025 as it launches a cross-chain USDC transfer protocol.
  • SUI recently hit a yearly high of $4.9 fueled by the announcement of Backpack's integration with the blockchain.
  • According to analysts, SUI's price trend is still positive with a lot of buying opportunities ahead before reaching the overbought zone.

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TheNewsCrypto

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2 Mega Bullish Tokens to Turn $600 into $1.2 Million Like Ethereum (ETH) and Solana (SOL)

  • PNUT and Rexas Finance are two mega bullish tokens that have the potential to turn a $600 investment into $1.2 million.
  • PNUT, a meme coin, has shown remarkable growth, rising by 2,325.71% in a year and attracting retail investors.
  • Rexas Finance is focused on tokenizing Real-World Assets (RWAs) and has raised $27.7 million in its presale stages.
  • Rexas Finance has successfully undergone a security audit and is preparing for listings on top-tier exchanges.

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Crypto-News-Flash

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Why Ethereum Could Outpace Solana in the Adoption Race

  • Ethereum has faced underperformance compared to Solana and Bitcoin this year.
  • However, Kyle Reidhead believes Ethereum has great potential for a comeback.
  • Institutional interest in Ethereum, including ETF investments, is driving its adoption.
  • Ethereum's scalability and support of various use cases contribute to its long-term prospects.

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