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Solana News
TheNewsCrypto
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Litecoin ETF Leads with 90% Approval Odds While XRP ETFs Lag Behind
- Litecoin ETFs filed with Canary Capital and Grayscale have a 90% chance of approval by the SEC.
- Dogecoin ETFs filed by Grayscale and Bitwise have a 75% probability of approval.
- Solana ETFs have a 70% chance of acceptance, while XRP ETFs have a 65% probability of approval.
- The SEC's Crypto Task Force is expected to clarify the categorization of digital assets by the end of 2025.
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Crypto-News-Flash
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Solana Continues to Surge with 5 Million New Addresses: Is SOL on Track for New Peaks?
- The Solana blockchain recently hit a major milestone with 5 million new addresses created daily.
- This surge in user activity reflects the growing interest and adoption of Solana's ecosystem.
- The SEC's acknowledgment of a Solana ETF application and rising institutional interest suggest that SOL's price could reach new highs.
- Investors are optimistic about Solana's future, with VanEck predicting that SOL could reach $520 by 2025.
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Crypto-News-Flash
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Solana Price Outlook: $16M Inflow Suggests Accumulation—Will SOL Rally?
- Solana has struggled after a 30% drop but saw a $16 million inflow, hinting at renewed investor confidence and a potential price rebound.
- A significant spot inflow of $16 million suggests growing investor interest, signaling a potential turnaround as buyers outweigh sellers.
- Technical indicators, such as the market's balance of power and the Relative Strength Index, suggest bullish momentum and increasing buying pressure for Solana.
- If Solana can maintain strength above $205, a move toward $220 appears within reach, while failing to hold this support level may lead to a retest of $200.97.
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TechJuice
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Cryptocurrency Litecoin Outperforms Other Cryptos Amid Volatility in Bitcoin and Altcoins
- Bitcoin (BTC) maintained its position near $97,000 with a small market drop.
- Litecoin (LTC) outperformed with a 5% rise.
- Ethereum (ETH) and XRP experienced price decreases.
- Meme coins faced substantial losses amidst market volatility.
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TheNewsCrypto
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Analyst Spots Bullish Pattern: Is Solana Heading for a $565 Breakout?
- Solana is trading at $204, up 1.18% in the last 24 hours, with a slight pullback after reaching $205.
- Solana's ascending triangle pattern indicates a potential breakout towards $565, aligning with historical Fibonacci-based rallies.
- Solana is up by 1.60% and 10% on the weekly and monthly charts, respectively.
- Technical indicators suggest a bullish momentum in the Solana market, with a potential rally towards key resistance levels at $220 and $240.
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NullTX
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Solana’s Future Looks Bright: VanEck Predicts $520 Per $SOL by 2025
- VanEck predicts $520 per SOL by 2025 due to Solana's gaining market share in the smart contract platform.
- VanEck bases its prediction on Solana reaching $520 by the end of 2025 on an autoregressive forecast model.
- Solana's market cap could reach $250 billion by the end of 2025 and price of SOL to $520.
- Solana is capturing a larger share of the smart contract platform (SCP) market.
- Solana holds about 15% of the market share in this space, but is expected to increase to 22% by 2025.
- Solana's fast-growing decentralized exchange (DEX) volumes and fast-growing user base play as key drivers.
- Solana boasts a total of 197 million active addresses as of January 2025.
- Solana has been among the top platforms for developers wanting high throughput and low fees.
- Solana commands a strong developer ecosystem that is helping the thriving DEX ecosystem.
- Solana seems to have an enviable position of attracting more developers and users than other SCP.
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Bitcoinsensus
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Solana in 2025: Still a Leader in Fast Blockchain Technology?
- Solana has lived up to its title as an efficient and cost-effective alternative to Ethereum since its inception. Other blockchain platforms are also making progress in reaching this aim.
- During the year 2024, Solana's YoY growth was 107.8%, whereas its growth in comparison to its competitor, Ethereum, was 5649%.
- Following this impressive performance, the number of active Solana wallets has increased dramatically, while the number of transactions has risen from 200 to 400 million. The potential Solana transaction speed has reached ~65000 TPS.
- Solana ecosystem updates played a major role in bringing in $367 million in revenue, while DeFi TVL on Solana grew to $8.6 billion with Raydium, Kamino, and Jupiter Perps occupying top spots on the leaderboard.
- However, the competition between Ethereum and Solana is still ongoing, with blockchain platforms such as Sui, Avalanche, BSC, Polygon, and Tron making significant headway in the market.
- Blockchain platform Sui, which employs a Directed Acyclic Graph (DAG), is growing in strength and offering an impressive speed of 854 TPS.
- Next is Avalanche, an established blockchain with its proprietary Avalanche Consensus Protocol mechanism that claims to have an excellent theoretical TPS of 4,500.
- Tron is still in the running, reaching 160 TPS and using the Delegated Proof of Stake (DPoS) protocol.
- The predicted growth of Solana in 2025 is based on the fact that it has demonstrated its capabilities in speed and relative cost-effectiveness. Also, it is rapidly becoming a significant player in Web3's infrastructure, while the Solana DeFi and NFTs are likely to continue.
- In conclusion, Solana has made outstanding progress in 2024. However, with Ethereum, its successors such as Polygon and other promising platforms and their technical advantages, it will take a lot of effort for Solana to gain a dominant position in the market.
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Cryptonews
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VanEck Says SOL Could Hit $520 Soon as SEC Opens Door To Solana ETF
- Investment firm VanEck predicts that the price per SOL could skyrocket to US$520 on the back of growing smart contract demand and expectations for an increase in money supply.
- Based on Solana's 15% market share in the smart contract space, VanEck estimates SOL could reach US$520 with a market cap of US$250 billion, up significantly from its current US$198 price point.
- The SEC has acknowledged a Spot Solana ETF filing, marking the first time they've done so for an asset previously labelled as a security, though approval remains uncertain.
- VanEck projects the smart contract platform market to grow 43% to US$1.1 trillion by 2025, driven by their correlation analysis with US M2 money supply growth.
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Zycrypto
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Bitcoin, Ether, Solana & XRP Record Flash Gains As Bulls Target February Take Over
- Bitcoin (BTC), Ethereum (ETH), Solana, and XRP led a sharp turn as other altcoins struggled in the last 48 hours.
- Bitcoin rebounded, recording a 2.5% gain, driven by institutional inflows and on-chain factors pointing north.
- Ethereum (ETH) and XRP saw a recovery path with growing inflows, driven by whale accumulation and anticipated network upgrades.
- The market cap plunged below $3.5 trillion, with total liquidations exceeding $10 billion.
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Bitcoinist
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Solana Price Stays Within Ascending Channel — Is $387 Next?
- The Solana price is trading within an ascending channel on a larger timeframe, indicating a potential rally towards $387, according to popular crypto analyst Ali Martinez.
- The ascending channel pattern suggests a continuation of the upward price trend, with a key support level at around $195.
- If the support level holds strong, it could act as a springboard for the Solana price to reach a new all-time high of $387, representing a potential 91% rally.
- As of now, the price of SOL has shown a recovery above the $200 mark, indicating a 4% increase in the past 24 hours.
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Bitcoinist
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Solana Network Expanding At Strong Pace – Metrics Show 5 Million+ New Addresses Created Daily
- Solana cryptocurrency has experienced a significant decline in price, reflecting the bearish sentiment in the market.
- Despite the price decline, the Solana network continues to expand, with over 5 million new addresses created daily.
- The growth in new addresses and daily activity demonstrates the underlying strength of the Solana network.
- If Solana can hold its critical support and maintain its growth trajectory, it may experience a swift recovery.
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Crypto-News-Flash
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Brazil’s B3 to Launch Bitcoin Options and Ethereum, Solana Futures
- Brazil's B3 stock exchange plans to expand its crypto offerings with Bitcoin options and Ethereum and Solana futures contracts this year.
- B3 has been successful with Bitcoin futures and aims to offer greater investing possibilities to Brazilian traders.
- B3 is partnering with BlackRock to launch an Ethereum ETF, increasing accessibility for Brazilian investors.
- Brazil's largest stock exchange, B3, is seeing growing interest in the crypto sector and aims to provide local investors with more access to digital asset trading.
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TronWeekly
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Crypto Bottom Near? Felix Hartmann Points to Key Reversal Signals
- Crypto venture capitalist Felix Hartmann points to sustained negative funding rates and bearish sentiment as signs of a potential market bottom.
- Hartmann highlights that negative funding rates and retracement of high-quality altcoins to long-term trendlines indicate a market rebound could be near.
- Retail investors are pessimistic, while professional investors remain extraordinarily bullish, creating a sharp disconnect between the two groups.
- Despite uncertainty, some investors see signs that the worst may be over, as historically, pessimism often precedes recovery in the market.
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TechBullion
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Solana (SOL), Ripple (XRP), or Mutuum Finance (MUTM): Which Will Reach a New All-Time High First?
- Solana (SOL), Ripple (XRP), and Mutuum Finance (MUTM) show potential for substantial growth in the market.
- Solana’s fast and cost-effective blockchain, Ripple’s utility in cross-border transactions and MUTM’s emerging decentralized lending platform offer unique value to the market.
- With its ecosystem expansion, Solana’s potential to reach a new all-time high remains a key focus for investors. It had achieved a previous record of $260, and analysts suggest that upgrades could position it for another rally in the next bull market.
- Ripple's XRP attracts attention for its role in cross-border payments. Its previous all-time high of $3.84 remains a benchmark, while its potential as a bridge currency still boosts investor sentiment, positioning it as a strong contender for achieving new highs.
- Positive legal developments and the potential XRP-focused ETF approval could act as a catalyst for price growth.
- Mutuum Finance is gaining recognition as a decentralized lending protocol with substantial growth potential, offering early participants an opportunity to secure tokens at their lowest price and returns of around 2000% at launch.
- Its structured lending approach is a standout choice among investors, with the dual-market design providing MUTM with a competitive edge in the DeFi space.
- The presale divided into 11 stages creates a sense of FOMO among investors who want to secure tokens at the best possible rate, increasing demand.
- Its roadmap includes the implementation of a fully collateralized stablecoin to enhance the platform’s utility and plans to launch a beta version of the platform alongside the token's release.
- Many believe that Mutuum Finance is a token redefining the DeFi world with unmatched growth potential.
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Cryptopotato
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Here’s How the Crypto Market Performed in January, According to Binance Research
- The crypto market cap recovered in January, peaking at $3.76 trillion.
- U.S. policy narratives and potential pro-crypto regulations positively influenced the market.
- Meme coins and AI narratives gained significance in the market.
- Solana's decentralized exchange (DEX) volumes surpassed Ethereum's since October 2024.
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