Bitcoin is blasting through thousand-dollar barriers at a relentless rate, now crossing the $88,000 mark at time of publishing. Just one week ago, BTC was priced at $67,568. Altcoins are flying alongside Bitcoin, with Ethereum hitting $3,349, Solana (SOL) touching $220 and Dogecoin reaching $0.32, with 24 hour gains of 6.7%, 7% and 23%, respectively. […]
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BitMEX founder and crypto industry veteran Arthur Hayes says there’s a massive trade to play as the digital asset market edges higher. In a new interview on the CryptoBanter YouTube Channel, Hayes says that the crypto bull market started in March of 2023 when the Federal Reserve printed trillions of dollars to support the struggling […]
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Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better. According to Pal, one top-20 altcoin by market cap and a relatively new entrant in the layer-1 sector is likely to outperform not just Solana […]
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A widely followed analyst and trader is leaning bullish on a large-cap altcoin amid a broader crypto market rally. The analyst pseudonymously known as Pentoshi tells his 809,700 followers on the social media platform X that Solana (SOL) is in the “all-time high waiting room.” On the weekly time frame, Pentoshi shares a chart suggesting […]
The post Ethereum Rival Solana in All-Time High ‘Waiting Room,’ Says Crypto Analyst – Here’s His Outlook appeared first on The Daily Hodl.
A widely followed cryptocurrency trader is leaning bullish on a low-cap memecoin built on the Solana (SOL) blockchain. Pseudonymous trader Bluntz tells his 288,100 followers on the social media platform X that the hippopotamus-themed memecoin Moo Deng (MOODENG) “looks appealing” as it sits around 53% below its all-time high reached in late September. According to […]
The post Solana-Based Memecoin That’s Exploded Over 10x in Under Two Months ‘Looks Appealing,’ Says Top Crypto Trader appeared first on The Daily Hodl.
Transfer volume on the Solana blockchain exploded recently and surged to multiple times higher than the total SOL market cap, according to the crypto analytics firm Glassnode. Glassnode notes that SOL clocked $224 billion worth of transfer volume in a single day, nearly 3x of the asset’s market cap, which sits around $78 billion at […]
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Economist Alex Krüger is revealing his scenarios for Bitcoin (BTC) during election night in the US, saying that a fast move could be coming for crypto markets. The trader tells his 185,000 followers on the social media platform X that in the event of a Trump victory on election night, Bitcoin could “shoot straight up” […]
The post Economist Alex Krüger Unveils Election Prediction for Bitcoin, Says BTC Could ‘Shoot Straight Up’ – Here’s Why appeared first on The Daily Hodl.
A widely followed crypto analyst thinks the top meme asset Dogecoin (DOGE) could kick off a parabolic bull run this month. In a new strategy session, crypto trader Ali Martinez shares a chart with his 76,400 followers on the social media platform X that suggests DOGE is primed to spark a rally based on historical […]
The post Crypto Analyst Suggests Dogecoin (DOGE) Could Kick Off Parabolic Run This Month – Here’s Why appeared first on The Daily Hodl.
BitMEX founder Arthur Hayes is naming an altcoin he thinks will outperform the rest ahead of the upcoming US presidential election. In a new interview on the Unchained YouTube channel, the crypto veteran says he’s interested in trading Ethereum (ETH) rival and smart contract platform Solana (SOL) because he believes it will jump in price […]
The post Arthur Hayes Says This Altcoin Is His Top Pick Ahead of US Election, Predicts the Crypto Asset Will Outperform appeared first on The Daily Hodl.
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.
Update Nov. 1, 2:29 pm UTC: This article has been updated to include quotes from Messari Protocol Services.
Institutional investments in Solana-native blockchain applications have seen a resurgence in the third quarter of 2024.
During the third quarter, 29 Solana-based decentralized applications (DApps) raised a cumulative $173 million, marking a more than 54% increase compared to the previous quarter.
