Binance’s venture capital and incubation arm – Binance Labs – announced investing in the Solana-based restaking network, Solayer. Solayer plans to deploy the new capital infusion from Binance Labs to grow its team, onboard additional protocols into its ecosystem, and solidify its role as a crucial part of the Solana blockchain. According to the official
A crypto analyst has reignited the debate between Ethereum (ETH) and Solana (SOL), evaluating which cryptocurrency was more superior. Considering recent market trends and performances of both altcoins, the analyst has finally identified a clear winner in the competition. Solana Wins Battle Against Ethereum In a recent X (formerly Twitter) post, legendary crypto trader and
With renewed optimism in the cryptocurrency market, traders have jumped again into meme coin speculation driven by the fear of missing out (FOMO). As a cautionary tale, a crypto trader just lost nearly $900,000 worth of Solana (SOL) in this player-vs-player game. On August 8, Lookonchain urged investors to “please don’t FOMO buy meme coins”
A closely followed crypto analyst says that one Ethereum (ETH) competitor may retest lower levels within weeks. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 219,200 followers on the social media platform X that Solana (SOL) could decline at least 14% from its current value. “SOL: $125-$150 remains a good place
The crypto market kicked off the new trading week on a bullish note, with Solana ($SOL) once again surpassing Binance Coin ($BNB) to become the fourth-largest cryptocurrency by market cap, reaching a peak of $193. 🚨JUST IN: $SOL reaches $193 pic.twitter.com/BwhEvE7W88 — SolanaFloor (@SolanaFloor) July 29, 2024 Notably, Solana also exceeded the combined 24-hour decentralized
Meme coins ranked by market cap, Dogecoin, Shiba Inu, PEPE, Dogwifhat and Bonk erased between 2% and 8% of their value in the past week. Solana meme coins Book of Meme, Cat in a dogs world, Ponke and Bonk started their recovery early on Sunday. Ethereum turned inflationary in Q2 2024, likely contributing to the
A widely followed crypto analyst believes that one Ethereum (ETH) rival is gearing up for a parabolic move. In a new strategy session, crypto trader Ali Martinez tells his 68,300 followers on the social media platform X that Solana (SOL) could put up a more than 400% gain based on historical precedence. “Solana is looking
Vice President Kamala Harris hasn’t focused much on crypto in her political career, but as crypto has become a political topic in this election year, it seems she’s doing her homework now. Wiz backing out of the Google deal could have big implications for Microsoft, analyst says Entrepreneur and Bitcoin enthusiast Mark Cuban stated in
Solana has recently captured the attention of market participants with a remarkable surge to $175, stunning investors and analysts alike. Solana is currently up 40% from its lowest point of $123 this month. The cryptocurrency’s strong upward momentum has reignited optimism among traders and investors, who are now eagerly anticipating a potential breakthrough above the
The presumptive Republican presidential nominee, Donald Trump, is scheduled to speak at the upcoming Bitcoin Conference in Nashville, Tennessee, later this month. While this would be the first time a presidential candidate would attend the conference, it has sparked a debate about whether Trump will receive support from the crypto community in the upcoming election.