Tag Archives: solana

CoinspeakerWOO X Spearheads Crypto Trading Innovation with Top30, L2, and Memes Index The announcement comes on the back of one of the watershed moments in the history of WOO X: this January, the platform managed to raise $9 million to boost exchange liquidity. WOO X Spearheads Crypto Trading Innovation with Top30, L2, and Memes Index

Solana price gained bearish momentum below the $185 level against the US Dollar. The price is now trading below $180 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $176.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $180 resistance. Solana price is trading in a short-term bearish zone below $180 against the US...

Fintech company Circle has announced support for Web3 services on the Layer 1 blockchain network, Solana. Circle said that the latest move highlighted the growing significance of stablecoins such as USDC in aiding a more inclusive financial landscape. The company aims to facilitate accessibility to USDC for both enterprises and developers while emphasizing the importance of providing the necessary tools to integrate the stablecoin seamlessly into various applications. With...

TL;DR Ripple’s XRP ranks seventh in discussion volume, likely due to the anticipation around its legal case with the SEC. The outcome of the lawsuit may significantly influence the entire cryptocurrency market. These Cryptocurrencies Lead the Pack The crypto market intelligence platform – Santiment – outlined the top 10 cryptocurrencies that have received the most attention this week.  Somewhat expectedly, the digital asset sitting at the top position is the largest by...

CoinspeakerMonad Labs Successfully Raises $225M to Build EVM-Compatible L1 Monad Blockchain San Francisco-based crypto venture capital Paradigm led the $225 million fundraising for Monad Labs to help it compete with other layer-one solutions like Solana. Monad Labs Successfully Raises $225M to Build EVM-Compatible L1 Monad Blockchain

CoinspeakerArthur Hayes $10M GMX Unstaking Shakes Market: Investors Unphased as Price Recovers GMX price seems to have seen some recovery, finding stability around the $39 mark. Arthur Hayes $10M GMX Unstaking Shakes Market: Investors Unphased as Price Recovers

The Solana network has been grappling with a significant surge in transaction failures, with approximately three-quarters of all transactions experiencing issues amidst the frenzy of activity sparked by the recent meme coin craze. Market players believe that the current crisis is an “existential moment as big as the FTX collapse.” Solana’s Failed Transaction Climbs 75% According to the latest data from Dune Analytics on April 4, over 75% of “non-vote” Solana transactions...

Digital asset investment products experienced a positive shift in sentiment during the last week of March, with inflows reaching $862 million, nearly recovering from the previous week’s record outflows of $931 million. Despite this encouraging rebound, CoinShares revealed that ETF activity appears to be slowing down. In fact, the latest data shows that the daily trading turnover now stands at $5.4 billion, representing a 36% decline from its peak three weeks ago. However,...

Solana price started a downside correction from the $205 zone against the US Dollar. The price is now trading below $190 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $190 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $172 and $162 support levels to start another increase. Solana price is correcting gains from $205 against the US Dollar, like Bitcoin....

The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday, reaching $513 million in market capitalization in just 48 hours of trading. The weekend saw even more gains, as MEW went as high as $0.008, and its...