Solana’s price surge propels its market cap past $100 billion, outpacing Bitcoin and Ethereum gains
Solana’s price surge propels its market cap past $100 billion, outpacing Bitcoin and Ethereum gainsSolana's price rally marks historic market cap achievement and DeFi growth.Happy Monday!Today’s crypto headlines are buzzing with excitement! Solana has seen a huge price jump, pushing its market cap over $100 billion and outpacing Bitcoin and Ethereum. Meanwhile, Bitcoin has surged past $80,000, fueled by enthusiasm over Donald Trump’s reelection. However, Binance is under fire for allegedly promoting pump-and-dump memecoins, raising questions about transparency in its listings. On a brighter note, venture capital firm Andreessen Horowitz (a16z) believes Trump’s win could be good for the U.S. crypto industry, paving the way for more innovation. Let’s explore these important stories shaping the world of cryptocurrency! LATEST SLATECAST 🎙️ OORT’s Max Li emphasizes blockchain’s role in AI trust and ethics revolution The global crypto market cap is $2.86 trillion, with a 24-hour volume of $250.29 billion. The price of Bitcoin is $84,543.20, and BTC market dominance is 58.6%. The price of Ethereum is $3,249.62, and ETH market dominance is 13.7%. The Crypto Fear & Greed Index is currently Greed (76). Solana’s price surge propels its market cap past $100 billion, outpacing Bitcoin and Ethereum gainsSolana's price rally marks historic market cap achievement and DeFi growth. 📰 Top NewsExcitement over Trump’s win pushes Bitcoin price above $80kThe crypto industry expects better days ahead with Trump at the helm if the president elect delivers on his promises. Binance under fire for allegedly listing pump-and-dump memecoin schemesCritics demand transparency from Binance on token listing fees, claiming potential insider advantages in new memecoin launches. MicroStrategy shares rise 10% after $2 billion Bitcoin acquisition at $74.4kShareholders benefit from Bitcoin strategy as MicroStrategy's average acquisition cost remains significantly below market value. Andreessen Horowitz (a16z) calls Donald Trump reelection ‘significant’ for US crypto industrya16z envisions decentralized innovation flourishing with upcoming crypto-friendly frameworks. Ad: HashKey Global Announces Support for TRC-20 USDT and TRXHashKey Global enhances platform with the integration of TRON's high-speed network, garnering new opportunities for TRX and TRC-20 USDT trades. 📈Latest Insights
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$6.7B TVL surge marks Solana’s growing dominance in DeFi
Sunday, November 10, 2024
Solana processes 44.5 million daily transactions, far surpassing other L1 blockchains. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
StanChart sees total crypto market cap climbing 5x to $10 trillion by 2026-end
Saturday, November 9, 2024
Meanwhile, the lender expects Bitcoin and Ethereum could hit $200000 and $10000, respectively, by the end of 2025. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
BlackRock sees historic $1.1 billion inflow as spot Bitcoin ETFs have best day ever
Friday, November 8, 2024
Spot Bitcoin ETFs set new record with $1.36 billion combined daily inflow. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
Polymarket’s accurate forecast of Trump win highlights gaps in mainstream media, pollsters
Thursday, November 7, 2024
Polymarket's swift Trump prediction showcases the dynamic efficiency of decentralized markets over established media. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
US Bitcoin Reserve asset, Freeing Ross Ulbricht, Firing Gary Gensler… Time for Trump to deliver
Wednesday, November 6, 2024
Trump's crypto-friendly agenda promises a seismic shift in US digital assets strategy, driving Bitcoin to record highs. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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BlackRock supports US strategic Bitcoin reserve amid rumors of executive order
Wednesday, November 20, 2024
Porter also revealed that state governments are rushing to pass legislation establishing their own Strategic Bitcoin Reserves before Trump signs an executive order. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Trading volume on Solana DEXes surpasses Ethereum’s by more than 2x; PayPal USD integrates…
Wednesday, November 20, 2024
Solana's total trading volume reached $85.9 billion, which is more than double the volume on Ethereum. PayPal USD partners with LayerZero for seamless transfers between Ethereum and Solana. ͏ ͏ ͏ ͏
DeFi & L1L2 Weekly — 📈 Trading volume on Solana DEXes surpasses Ethereum’s by more than 2x; PayPal USD integrates…
Wednesday, November 20, 2024
Solana outshines Ethereum with 123 million active addresses in October. Ethereum launches Mekong testnet to preview Pectra upgrade. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
What is Ethereum 3.0 Beam Chain, and what problems does it aim to solve?
Wednesday, November 20, 2024
Beam Chain proposes a redesign of Ethereum's consensus layer by integrating the latest research advancements, aiming for a safe and swift transition from the current Beacon Chain to the Beam Chain,
Bitwise expects options trading for its Bitcoin ETF to start tomorrow
Tuesday, November 19, 2024
Options trading for Bitcoin ETF is expected to enhance market liquidity and attract diverse investor engagement. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
A Data-Driven Update on Stablecoins
Tuesday, November 19, 2024
An update on the stablecoin landscape, growing supply and stablecoin trading volumes, on-chain usage and yield generation ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
ACT Story: One Strikes It Rich with 2 Million, Another Sells Before the Surge
Tuesday, November 19, 2024
In this episode, WuBlockchain dives into the AI memecoin investment trend and the recent surge of ACT, with guests Defioasis, Maodi, and Chen Yiyi sharing their experiences with ACT and similar
Bitcoin Becomes 8th Largest Asset Globally After Surpassing Silver
Tuesday, November 19, 2024
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Tuesday, November 19, 2024
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MicroStrategy buys nearly 80,000 BTC in November, outpacing US Bitcoin ETF purchases
Monday, November 18, 2024
The Michael Saylor-led firm now holds more than 330000 BTC, which valued at around $30 billion. ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏