Breaking News: SOLANA – Market Insights, Analysis & Latest Updates

The Daily: Solana hits new all-time high, XRP surges after Gensler announces SEC departure and more

Solana surged 11% on Thursday to reach a new all-time high above $263 by the end of the day amid a broader market rally fueled by Donald Trump’s election victory, sparking optimism about a more crypto-friendly U.S. administration. XRP has had one of the strongest crypto rallies over the past 24 hours, surging 32% to around $1.47 — reaching its highest price since May 2021. Ethereum futures open interest jumped 12% to a fresh high of $20.8 billion on Friday, signaling short-term bullish momentum in the derivatives market, according to analysts at CryptoQuant. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 22/11/2024 - 18:46 PM

SOLANA

Solana jumps 11% to reach all-time high amid market rally

Solana gained 11% in the past 24 hours, trading above $263 to reach a new all-time high.

theblock.co • 22/11/2024 - 04:03 AM

The Daily: Gary Gensler to leave SEC on Jan. 20, regulator now 'engaging' on spot Solana ETFs and more

SEC Chair Gary Gensler will step down on Jan. 20, 2025, coinciding with the start of President-elect Donald Trump’s term, according to a statement released by the agency on Thursday. The SEC is now “engaging” with applicants on spot Solana ETFs, Fox News reporter Eleanor Terrett first reported, citing two people familiar with the matter, and confirmed by The Block with a source at one issuer. U.S. spot Bitcoin ETFs surpassed $100 billion in combined assets under management on Wednesday — representing around 5% of bitcoin’s total market cap — driven by the cryptocurrency’s ongoing price rally. The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.

theblock.co • 21/11/2024 - 19:06 PM

SOLANA

SEC is 'engaging' Solana ETF applicants: report

SEC “engaging” on Solana ETF applications, sparking optimism for potential approval in 2025. VanEck, 21Shares, and Bitwise lead Solana ETF filings amid pro-crypto White House hopes. SOL token rises 4.6% to $247.91, bolstered by Solana’s strong DeFi ecosystem and demand.

theblock.co • 21/11/2024 - 15:52 PM

Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51

Analysts at Bernstein named Robinhood the top “crypto deregulation trade” following Donald Trump’s win in the U.S. presidential election. The analysts rate HOOD stock as outperform, raising their price target to $51.

theblock.co • 20/11/2024 - 10:34 AM

Competing AI agent tokens within ai16z community cause debate as prices whipsaw

Memefund ai16z planned to launch an AI token inspired by the ELIZA chatbot with a partner, but the project was frontran with “ai16zeliza” created by another entity. After ai16z partner “Shaw” posted that Eliza had been “set free,” launching a competing ELIZA token, whipsawing price action ensued, sparking a community debate.

theblock.co • 19/11/2024 - 16:31 PM

SOLANA

Syncracy Capital's Ryan Watkins unpacks the bull case for Solana and what’s driving crypto markets

Ryan Watkins discusses crypto market dynamics, including Ethereum, Solana, and strategies for identifying future market leaders in Episode 68 of The Scoop.

theblock.co • 15/11/2024 - 21:14 PM

SOLANA

The Daily: Solana hits new all-time high, XRP surges after Gensler announces SEC departure and more

Solana jumps 11% to reach all-time high amid market rally

The Daily: Gary Gensler to leave SEC on Jan. 20, regulator now 'engaging' on spot Solana ETFs and more

SEC is 'engaging' Solana ETF applicants: report

Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51

Competing AI agent tokens within ai16z community cause debate as prices whipsaw

Syncracy Capital's Ryan Watkins unpacks the bull case for Solana and what’s driving crypto markets

Solana powers 89% of new token launches as memecoin craze continues to fuel network activity

Solana-based MEV protocol Jito experiences downtime, temporarily driving transaction fees up

'PayFi' startup Huma Finance expands to Solana in bid to expand trade financing solution

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