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Solana News
TheNewsCrypto
1M
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Solana at $180: Technical Indicators Signal Potential Pullback Before $200 Push
- Solana (SOL) reaches $180 for the first time since July, sparking speculation about reaching $200.
- Technical indicators suggest a potential consolidation phase before further advances.
- Chaikin Money Flow (CMF) at 0.28 and Money Flow Index (MFI) above 80 indicate overbought conditions.
- Price targets include a potential retreat to $161.81 or a direct push to $200 if $185 resistance level breaks.
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Crypto-News-Flash
1M
393
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Crypto Inflows Surge to $901M Pre-Election: Bitcoin, Solana, Litecoin Take the Lead
- Pre-election crypto inflows reach $901 million, driven by Bitcoin, Solana, and Litecoin.
- Spot Bitcoin ETFs are closing in on holding 1 million BTC, equivalent to almost 5% of Bitcoin's total supply.
- October's crypto inflows account for 12% of all assets under management, reaching $27 billion year-to-date.
- Solana and Litecoin gain traction, while Ethereum faces outflows ahead of the U.S. elections.
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Bitcoinist
1M
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Bitcoin Leads Crypto Investment Product Inflows With $920 Million Added Last Week – Report
- Crypto-based investment products recorded nearly $1 billion in inflows last week, led by Bitcoin.
- Bitcoin products saw $920 million in inflows, making it the fourth largest month of inflows on record.
- Solana-based products also saw significant inflows, while Ethereum products experienced outflows.
- The positive net flows were influenced by the upcoming US Presidential elections, with Bitcoin's performance tied to US politics.
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Bitcoinist
1M
357
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Solana On Brink Of Registering Fresh All-Time Highs In Key Metrics: Will SOL Follow?
- Solana has experienced significant growth and is now the third largest smart contracts platform.
- Solana's revenue has been steadily increasing, approaching $12.5 million.
- The total value locked (TVL) on Solana has been picking up steam, currently above $6 billion.
- Solana has seen impressive volume spikes and surpassed other blockchains in weekly DEX trading volume.
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21 Likes
TheNewsCrypto
1M
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Solana’s Golden Cross Alert: SOL Eyes $210 as Moving Averages Signal Breakout
- Solana (SOL) is approaching a golden cross as its 50-day Simple Moving Average (SMA) nears a crossover with the 200-day SMA.
- Solana's Chaikin Money Flow (CMF) remains positive at 0.24, indicating strong capital inflows and buying pressure.
- The Bull Bear Power indicator shows a robust 16.57, suggesting a market dominated by buying pressure.
- If the $188.74 resistance is broken, SOL could potentially surge to $210.18.
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Crypto-News-Flash
1M
91
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Ethereum Bounces Back: On-Chain Data Points to Major ETH Rally Ahead
- Ethereum (ETH) has traded below a crucial support level of $3k for multiple months.
- A recently released 10X Research report suggests that ETH has bottomed out and is showing a trend reversal.
- Analyst Alex Kruger remains bearish on Ethereum, doubting its ability to join a broad market rally if Donald Trump wins the US presidential election.
- On-chain data reveals an impressive surge in Ethereum's daily trading volume, indicating positive market activity.
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TheNewsCrypto
1M
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Crypto Traders’ Top 3 Daily Trading Altcoins: Bitcoin, Solana, and SUI
- Bitcoin, Solana, and Sui are the top sought-after digital assets in the past day.
- Bitcoin (BTC) showed a bullish movement with a 1.78% price increase, currently trading at $68,293.
- Solana (SOL) recorded a 1.53% price increase, trading at $177.65.
- Sui Network (SUI) experienced a price drop of 3.51% in the last 24 hours, trading at $1.72.
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Crypto-News-Flash
1M
394
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Why Ethereum Remains the Backbone of Decentralized Finance
- Ethereum is the backbone of the new global financial system of L2s and L1 apps.
- Ryan Berckmans, a member of the Ethereum Community, claims that Ethereum is unmatched among other blockchain networks in its central infrastructure function in this new digital economy.
- While other chains, like Solana, have shown notable expansion, none are able to replicate Ethereum’s role as the backbone for the decentralized web, Berckmans underlines.
- Based on Ethereum’s long-term strategy of becoming a basic layer for the expanding ecosystem of decentralized finance (DeFi), NFTs, and blockchain applications, this claim is supported.
- Ethereum has become the preferred tool for developers creating L2 solutions in recent years, letting Ethereum handle more transactions effectively while still preserving the security and decentralization.
- Solana cannot compete with Ethereum as a backbone, mostly because of its lack of client diversity.
- Solana’s great bandwidth needs are another important consideration which limits its decentralization.
- Berckmans further contends that Solana’s prior network pauses and great danger of future outages prevent it from being a good backbone.
- zk-Proof Technology lets several transactions be aggregated into a single proof that can subsequently be settled on the Ethereum main chain which secures Ethereum Scalable and Decentralized Future.
- Ethereum’s L2-centric architecture guarantees that it stays the most reliable and scalable solution for decentralized banking, decentralized apps (dApps), and institutional adoption.
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Cryptonews
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Base Achieves Record Stablecoin Volume as Solana Hits All-Time High in Transaction Fees
- Base, a Layer-2 network developed by Coinbase, achieved the highest daily stablecoin transaction volume, surpassing Ethereum, Solana, and Tron.
- USDC led the stablecoin breakdown with US$37.3B, followed by USDT at US$18B, and DAI at US$4.5B.
- Solana set a record in transaction fees, exceeding US$1M, supported by transaction fees and MEV tips.
- Solana also led the DeFi space in daily trading volumes, with its DEX processing over US$2.6B in trades on October 24.
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17 Likes
Dev
1M
398
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Parsing Solana Program Transactions using Typescript - Part(1/2)
- This article explains how to parse any Solana program transaction to extract meaningful information in a human-readable format using typescript code.
- The author explains how the IDL (Interface Definition Language) component is essential in decoding transactions as it provides information about all program instructions, accounts, and events.
- The article also provides examples to showcase how to decode the program instructions and parse instruction arguments as well as the events.
- To decode the program instructions, the article provides a detailed explanation of them and how to get discriminators using sha256 and derive discriminators from the name for each instruction.
- The article shows how to derive the discriminators and schema using borsh. It provides a code for parsing instruction data by taking an actual example of the buySellIxs and how to get solAmount involved in the trade.
- The second part of the article focuses on parsing Solana native program transactions, using Raydium v4 AMM as an example.
- The article also explains how parsing Anchor program transactions and events can be achieved to extract meaningful information.
- The full code for this article is available at Github.
- This article can be helpful to those who are interested in Solana blockchain development.
- The code can be used with minor alterations for different Solana program transactions and events to extract meaningful information.
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23 Likes
Bitcoinist
1M
407
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DeFi Revolution? Cardano Founder Says Bitcoin Will Outpace Ethereum And Solana
- Cardano's Charles Hoskinson predicts that decentralized finance (DeFi) will come to Bitcoin and surpass Ethereum and Solana.
- Cardano and Bitcoin have agreed to use smart contract features in the Bitcoin ecosystem, paving the way for DeFi projects on Bitcoin.
- Hoskinson plans to train BTC developers on Aiken, a programming toolkit for smart contracts on Cardano.
- Hoskinson's previous criticism of Bitcoin has shifted after the collaboration between Cardano's EMURGO and Bitcoin.
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Crypto-News-Flash
1M
210
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Arkham Adds Solana: Track Capital Flows and Wallet Activity Now
- Arkham has integrated with Solana to track capital flows and wallet activity in real-time.
- Solana's economic value has surpassed Ethereum due to memecoin activity and technological growth.
- Users can visualize fund movements, receive real-time trade alerts, and track their trading performance on Solana through Arkham.
- Solana's native token SOL has shown market performance with increasing investor confidence.
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12 Likes
Newsbtc
1M
137
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Solana Bullish Pattern Holds – Crypto Analyst Sets $202 Target
- Solana is showing strength as it pushes above the critical $171 level, which now serves as a demand zone.
- Crypto analyst Carl Runefelt indicates that Solana's current price action remains bullish as long as it sustains support above $171.
- A successful retest of the neckline in Solana's head and shoulders pattern could lead to a target price of $202 in the short term.
- Maintaining support above $171 and breaking the $180 resistance level are crucial for sustaining Solana's bullish momentum.
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8 Likes
Bitcoinist
2M
325
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Ethereum Continues Losing Ground To Bitcoin With ETH/BTC Ratio at Multi-Year Lows
- Ethereum (ETH) continues to underperform against Bitcoin (BTC) and has hit multi-year lows in the ETH/BTC ratio.
- ETH recorded a new low of 0.0365 against BTC, erasing all its gains since April 2021.
- ETH has declined by almost 58% against BTC since reaching a local high in December 2021.
- The lackluster price performance of ETH can be attributed to increasing competition from rival smart contract blockchains and the attention shifted towards Ethereum layer-2 solutions.
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19 Likes
TheNewsCrypto
2M
330
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From $0.035 to $100: How CYBRO’s AI-Powered Surge Could Eclipse TRX and Solana in 2025’s Altcoin Boom
- An AI-powered token called CYBRO is gaining interest as it has the potential to climb from $0.035 to $100.
- The token aims to overtake prominent coins like TRX and Solana in the expected altcoin boom of 2025.
- CYBRO is built on the Blast blockchain and offers features like yield farming, AI-powered portfolios, and easy deposits and withdrawals.
- Early investors in CYBRO are already seeing gains and can benefit from weekly ETH rewards and community-driven airdrops.
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