Solana continued its upward trend, surpassing $100 on Saturday afternoon for the first time in 20 months since April 2022, marking a 770% increase since this time last year.SOL is up 6% on the day, with the current price jumping to nearly $103 after hovering below $100 for the past few days, according to data from CoinGecko. The cryptocurrency upset XRP on Wednesday to become the fifth-largest coin by market capitalization, and later on Thursday upended Binance Coin (BNB) to take the fourth spot.As of this writing, Solana has a market capitalization of $44 billion. Last week, weekly Trading volume…
Author: Crypto Flexs
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join us telegram A channel to stay up to date on breaking news coverage Popular YouTuber Cilinix Crypto reviewed Meme Kombat, a new entrant in the meme coin space that raised over $4.3 million in the $MK token presale. Meme Kombat, an Ethereum-centric initiative, is gaining momentum in its pre-sale phase, attracting investment from a global audience. The recent integration of dynamic staking has sparked speculation among enthusiasts and positions $MK as a potential frontrunner for the upcoming meme coin surge when it hits the public markets. In this article, we explore what is driving interest in the token, review…
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Click here to download a PDF of this article.On November 6, 2012, Washington and Colorado became the first two states in the United States of America to legalize the recreational use of cannabis. While medicinal use of the plant had been allowed in California since 1996, and widespread acceptance slowly dominoed across the country over the next 20 years, Washington and Colorado were the first to allow legal recreational use at the state level. This was a watershed moment in social politics.…
Much of that energy is driven by rampant speculation. Some of the most popular cryptocurrency assets currently trading on Solana are dog-themed meme coins. However, airdrops are also driving many traders to test Solana-based lenders, bridges, and other infrastructure.
On Saturday, Solana (SOL), the token of smart contract platform Solana, surpassed the $100 threshold and achieved weekly growth of over 36% against the US dollar. Investor sentiment for Solana (SOL) has strengthened since former FTX CEO Sam Bankman-Fried was found guilty on multiple charges on November 2, 2023, and Solana (SOL) has remained strong throughout the year. ), investor sentiment was overwhelmingly positive.advertising Solana’s Mayoral Victory In the past year, Solana (SOL) has seen an impressive gain of 764% against the US dollar, surpassing the $100 milestone on December 23, 2023. This price range for SOL has been unprecedented…
Solana continues to soarOn Thursday, Solana’s price surged double digits, with total trading volume reaching $1.2 billion (24 hours), surpassing Ethereum’s $1.1 billion. This is the first time that Solana’s total trading volume has exceeded that of Ethereum.Solana has increased from: 38% last week; more 62% last monthand more 690% compared to last year After declining interest in the NFT market and then declining Solana’s price over the past 1.5 years, it is currently making a massive comeback.Solana is designed to process thousands of transactions per second, purpose-built for Dapp development, and has low transaction fees, making it a strong…
We are excited to announce that Kraken now supports new margin pairs. Optimism (OP), Synthesis (SNX), Rosacea (INJ) and Celestia (TIA)! Margin trading is now available for the pairs below: OP, SNX and TIA. fair basepair nameAvailable LeverageLong position limit Short position limitOPOPUSD2X1400014000SNXSNX USD2X75007500INJINJUSD3X16001600INJinjury2X15001500TiaTIAUSD3X30003000 Here’s what you need to know about assets: Optimism (OP) It is a layer 2 scaling solution implemented on the Ethereum network. It alleviates congestion on the Ethereum mainnet and lowers transaction fees by aggregating multiple transactions using a technique called optimistic rollups. OP is Optimism’s native governance token, allowing OP token holders to participate in…
The following is a guest post by John deVadoss, co-founder of InterWork Alliance.Act 1: A new institution emerges from the crisis.On July 30, 2008, the American Housing and Economic Recovery Act was officially signed into law to address the subprime mortgage crisis (which triggered the then-ongoing global financial crisis). Two weeks later, on Monday, August 18, 2008, the bitcoin.org domain was registered.In November 2008, quantitative easing was implemented and the US Federal Reserve began purchasing mortgage-backed securities. In January 2009, the Bitcoin code was released as open source, and by March 2009, the Federal Reserve held close to US$2 trillion…
BNB, the native token of the Binance exchange, has grown to become one of the largest cryptocurrencies in the world. At its current price of $260, its market capitalization exceeds $39 billion, making it the fourth-largest asset on the market. However, despite the notoriety that cryptocurrencies have gained during this period, one cryptocurrency analyst is still predicting a massive price crash that could shake the entire cryptocurrency market to its core. BNB long-term distribution points may crash In an initial analysis published on the TradingView website on Tuesday, December 19, cryptocurrency analyst Alan Santana noted that the BNB token was…
Recent developments in the cryptocurrency space have added to the excitement. According to reports, the Securities and Exchange Commission (SEC) is on the verge of approving the first Bitcoin exchange-traded fund (ETF) in the United States. This significant move, following a pivotal conference call with ETF competitors, represents a potential catalyst. Targets the entire cryptocurrency market. The implications extend beyond Bitcoin and could potentially have serious implications for altcoins. In this article, we review the current trends, key technical indicators, and price predictions for Ethereum (ETH), Solana (SOL), and Litecoin (LTC). At the same time, the collaboration between StealthEX and…