Crypto analyst Ali Martinez says that the time for altcoins to outperform Bitcoin (BTC) is fast approaching, with Dogecoin (DOGE) perhaps set to benefit. Martinez tells his 71,900 followers on the social media platform X that Bitcoin dominance – which tracks the market cap of BTC versus the rest of crypto assets – is currently nearing […]
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Financial services titan Franklin Templeton says it’s building a money fund for regulated securities on the smart contract platform Solana (SOL). In a session during the Solana Breakpoint 2024 event, Mike Reed, Franklin Templeton’s head of digital asset partnership development, says that the investment giant’s last step to completing its project is to file to […]
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Crypto travel booking platform Travala has integrated with Solana, allowing users to book flights and hotels using Solana-based tokens and earn SOL travel rewards. Highlighting Solana’s scalability and affordability, the platform aims to enhance the crypto travel experience and incentivize users with up to 10% of booking value back in SOL. Travala Integrates Solana for […]
SOL price bounced off the $120 support multiple times since April, leading traders to believe that the current market recovery will lead to an explosive rally.
Crypto traders have zoomed in on the emergence of a strong support line on Solana’s price chart, leading some to believe it is the launch pad for a “sizable” upside move in the near future.
“Looks like $SOL held support at $120,” veteran trader Peter Brandt wrote in a Sept. 20 post. Brandt was referring to the Solana’s price action on the daily chart, showing SOL’s consolidation in a rectangle with lower limit of the rectangle at $120 acting as support since mid-April.
BTC/USD daily chart. Source: Peter Brandt
Seasoned trader Peter Brandt is warning that Ethereum’s (ETH) biggest competitor is at risk of a significant correction. Brandt tells his 738,400 followers on the social media platform X that Solana (SOL) could lose a key level of support at the lower bound of a trading range, sending it plummeting more than 43% from its […]
The post Top Ethereum Rival Could Plunge by Over 40% if Support Level Fails, According to Veteran Trader Peter Brandt appeared first on The Daily Hodl.
The chief investment officer of crypto asset management firm Bitwise says that Ethereum (ETH) appears to be in a period of stagnation after being outpaced by both Bitcoin (BTC) and Solana (SOL). In a new blog post, Bitwise executive Matt Hougan says that Ethereum is experiencing doldrums due to competitors with superior technology, the risks […]
The post Ethereum in ‘Doldrums’ As Bitcoin and Solana Outperform ETH, Says Bitwise CIO Matt Hougan – Here’s Why appeared first on The Daily Hodl.
Layer-1 smart contract platform SUI Network (SUI) is surging after announcing plans to support the stablecoin USDC. In a new blog post, USDC issuer and payments platform Circle says that the network will be adding USDC as well as support for Cross-Chain Transfer Protocol (CCTP), which allows interoperability with other prominent blockchains. “SUI enables developers […]
The post Sui Surges Over 35% in a Week Amid Plans To Support Native USDC Stablecoin on the Layer-1 Blockchain appeared first on The Daily Hodl.
A widely followed crypto analyst believes one Solana (SOL) competitor may have more upside potential. Crypto trader Michaël van de Poppe tells his 724,900 followers on the social media platform X that layer-one blockchain Sei (SEI) may soar more than 46% from the current value by next month. “Altcoins are doing relatively well. SEI continues […]
The post Analyst Michaël van de Poppe Says Solana Rival Has Upside Momentum, Maps Path Forward for Bitcoin and Ethereum appeared first on The Daily Hodl.
A widely followed analyst and trader is leaning bullish on an altcoin in the Ethereum (ETH) ecosystem while updating his outlook on three crypto assets. The trader pseudonymously known as Sherpa tells his 223,200 followers on the social media platform X that Aave (AAVE) is “still undeniably very strong” as the Ethereum-based decentralized finance (DeFi) […]
The post Crypto Trader Says Ethereum-Based Altcoin Undeniably Very Strong, Updates Outlook on Solana, BNB and Sui appeared first on The Daily Hodl.
The head of digital assets research at exchange-traded fund (ETF) provider VanEck says that Bitcoin (BTC) and one or two layer-1 blockchains will outperform the market. In a new interview on the Bitcoin Macro YouTube channel, VanEck executive Matthew Sigel says that in the long run, the economic value of the digital assets industry will […]
The post Bitcoin and ‘One or Two Layer-Ones’ Will Outperform Market, Says Matthew Sigel – Here Are His Top Altcoin Picks appeared first on The Daily Hodl.
