Author: Sollcrypto
Solana (SOL) Nears All-Time High as TPS Upgrade Hints at 1,000x Boost Solana’s native token, SOL, is approaching its previous all-time high of $260.06, as news emerges about significant enhancements to the network’s transactions per second (TPS). Mert Mumtaz, CEO of Solana infrastructure provider Helius, revealed details about a planned upgrade expected to increase Solana’s TPS by up to 1,000x. In a post on X (formerly Twitter), Mumtaz shared that his team initially aimed to keep the upgrade under wraps, but recent market momentum prompted the announcement. The Helius team has reportedly developed a performance optimization system that has shown…
Bitcoin (BTC), the world’s leading digital asset, holds a lesser-known record within both the crypto and traditional finance sectors. This achievement is underscored by Bitcoin’s soaring price, which has bolstered its prominence. Bitcoin’s Rapid Rise to $1 TrillionAccording to prominent crypto analyst Fred Krueger, Bitcoin is the fastest asset to reach a $1 trillion valuation. In a post on X, Krueger shared a chart listing ten assets that surpassed the $1 trillion mark. Bitcoin achieved this milestone in just 12 years, making it the fastest asset to do so. Following Bitcoin is Meta Platforms, which reached $1 trillion after 17…
Trump’s Presidential Win Sparks Bitcoin Surge: Could It Climb to $170,000 This Cycle? Donald Trump’s confirmed victory in the U.S. presidential election has sparked fresh speculation among cryptocurrency investors about Bitcoin’s future price path. Since the announcement, Bitcoin has surged to a recent high of $77,239, signaling a possible bullish trend driven by renewed market optimism. Crypto analyst Tony “The Bull” Severino, CMT, recently noted a compelling historical trend linking Trump’s election wins with notable Bitcoin price rallies. According to Severino, while Bitcoin has typically surged following U.S. elections, the price gains were especially pronounced after Trump’s first win in…
Ethereum ETF Inflows Surge as Weekly Demand Hits New Highs Spot Ethereum ETF inflows soared to a weekly high of $85.9 million, with BlackRock’s total Ethereum ETF inflows reaching a milestone of $1.4 billion. Ethereum outperformed Bitcoin in weekly growth, gaining 18% compared to Bitcoin’s 9.9%. Amidst increasing investor optimism, the SEC postponed its decision on options trading for spot Ethereum ETFs, yet inflows continue to rise. Following significant events such as Donald Trump’s recent election victory and the Federal Reserve’s 25-basis-point rate cut, Ethereum ETF inflows have sharply increased. Over the last three days, these funds recorded consistent net…
Bitcoin (BTC) Continues Hitting New Highs Amid Optimism Around U.S. Elections On November 8, Bitcoin surged past $77,000 for the first time, driven by the crypto industry’s optimism surrounding Donald Trump’s bid in the U.S. presidential election. Other cryptocurrencies are rallying as well, with Ethereum’s ether (ETH) crossing $3,000 for the first time since August. Rather than pulling back, Bitcoin continued to break new highs on consecutive days: $76,400 on November 6, $76,900 on November 7, and $77,200 on November 8. Gold and U.S. stocks are mirroring this trend, reflecting a strong market rally that seems poised to keep climbing.…
Solana has crossed the $200 mark for the first time in seven months, rising 8.69% as the crypto market rallies following the U.S. election. According to data from crypto.news, Solana (SOL) is currently trading at $203.88. The token has gained 8.69% in the past 24 hours and has risen 22.25% over the last week. Over the past year, SOL’s price has seen a 370% increase. At the time of writing, Solana ranks fourth in crypto.news’ market cap rankings, with a current market cap of $95.8 billion and a circulating supply of 471 million tokens. While Solana remains 23% below its…
Bitcoin Price Analysis: BTC Breaks Record High, Eyes $80K Target By Edris Derakhshi (TradingRage) Bitcoin’s Bullish Momentum Continues Bitcoin has finally surpassed its previous all-time high of $74K, following a steady uptrend over the past few months. With the cryptocurrency now hovering near its 200-day moving average, there’s potential for further gains, with the $80K mark being a possible target in the near term. The Daily Chart Outlook On the daily timeframe, Bitcoin’s recent price action shows a strong break above its prior all-time high, signaling continued bullish momentum. As the market remains above its 200-day moving average, currently around…
ETH’s Recent Price Bounce: A Sign of Potential Recovery or Just a Temporary Shift? ETH’s recent price bounce may signal a potential reversal, but its sustainability hinges on maintaining a higher low. After months of decline, including a 30% drop from its peak earlier this year, Ethereum has seen a notable rebound. However, this recovery places ETH at a critical juncture: either it will establish a higher low and continue upward momentum, or this level of support will prove to be temporary, leading to further declines. Impact of Economic Events Macroeconomic factors are continuing to influence ETH’s price trends. Events…
Key highlights: Accelerating Stacks development for the bitcoin ecosystem Bitcoin L2 Labs has officially launched as a dedicated organization to advance Stacks, the leading Layer 2 solution on the Bitcoin network. This launch follows the recent Nakamoto upgrade, a major development that bolstered Stacks’ capabilities and integration with Bitcoin, setting the foundation for accelerated Layer 2 innovation and adoption. Bitcoin L2 Labs is bringing together a new team of developers focused on core projects, including sBTC and Clarity WASM, which will strengthen Stacks’ interoperability with Bitcoin. With five full-time Rust developers already on board, the organization aims to improve the…
Bitcoin Price Surge: $65K Support Vital for $78K Target Bitcoin’s rally continues, with the cryptocurrency poised to reach $78K, and the $65K support level now seen as key for sustaining momentum. Recent price movements, including long positions initiated at $53K and $58K, indicate strong investor confidence in further gains. Analysts emphasize that holding the $65K support is essential to maintaining Bitcoin’s upward trajectory. Recent Price Movements and the $65K Support In recent weeks, Bitcoin’s price has steadily climbed, breaking through previous resistance levels. Active long positions at $53K and $58K highlight investor optimism, signaling that the trend is likely to…