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Venture capitalist Chris Burniske believes Solana (SOL) can soar to a four-figure price this market cycle. The former head of crypto at ARK Invest tells his 296,900 followers on the social media platform X that a bull market price target of $1,000 for Solana could be “conservative.” Burniske’s massive price target for Solana comes as a poll he ran on X showed that investors on the platform are overweight on SOL. Earlier this week, Burniske asked his followers that of three, what’s their biggest holding: Bitcoin (BTC), Ethereum (ETH) or Solana? The survey, which had 21,945 votes, shows that 35.4% are overweight on SOL, followed by Bitcoin at 22.9% and Ethereum at 19.9%. According to Burniske, Solana being the top pick of thousands of investors among large-cap coins suggests that SOL has the potential to be tremendously popular to new market entrants. “What’s interesting about these results so far is I see CX (crypto-X) as the gatheri...

The Solana price climbed 1.5% in the last 24 hours to trade for $179.90 as of 00:09 a.m. EST on trading volume that plunged 24%. This follows news that the US Securities and Exchange Commission (SEC) withdrew its request to classify Solana, MATIC and ADA as securities as it revised a complaint in its lawsuit against Binance. According to the SEC, tokens like $MATIC, $ADA, and $SOL were classified as securities. However, they have retraced this from the court case against Binance, making it likely that their stance against those projects has changed. If these are no securities, it's great news. pic.twitter.com/G2a7fzFpZq — Michaël van de Poppe (@CryptoMichNL) July 30, 2024 This action by the US SEC suggests a change in how they will demonstrate that some tokens are, in fact, securities. Initially, the regulator had classified them as Third-Party Crypto Asset Securities. BREAKING: 🇺🇸 SEC amends the lawsuit against #Binance. $SOL, $ADA, $MATIC, $FIL, ...

Pepe (PEPE) is among the best-performing cryptocurrencies of the last year, rallying 787.9% since late July 2023 and 5% over the previous month. The frog-themed memecoin is currently following the market-wide correction, falling 4.3% in the daily charts, 3.1% in the weekly charts, and 3.7% in the last two weeks. Source: CoinGecko Also Read: Shiba Inu Takes Backseat As Dogecoin, Pepe Record Surge In Volume The latest correction is likely due to Bitcoin (BTC) falling below $67,000, pushed by fears around the US government moving nearly $2 billion worth of BTC. Fears about a sell-off around the Mt. Gox reimbursement have also added to investor fears. Is Pepe to hit a new all-time high? Source – Coinpedia According to the analysts at CoinCodex, the frog-themed memecoin will hit a new all-time high in August. The platform forecasts a bullish outlook for the asset over the next few weeks. According to CoinCodex data, Pepe will hit an all-time high of $0.00001725 on Aug. 10, 2024, a rise...

In 2024, Cardano (ADA) lost some market cap positions to growing competitors following poor price performance and increasing network apathy. Evidencing that, onchain data shows a decreasing transaction volume for Cardano as the network usage slows down. This news could suggest the network ’s native token, ADA, is overvalued . However, even the down-trending transaction volume is proportionally higher than Ethereum’s (ETH). Cardano (ADA) news: Transaction volume is going down Since March, Cardano’s daily transaction volume has made lower highs, consolidating a downtrend that suggests worsening fundamentals and economic value. Transaction volume is an important network value indicator that measures onchain activity and can influence the token’s demand. Picks for you If you invested $1,000 in Andrew Left's hed...

After a drab week characterized by Bitcoin, Ethereum, and Solana prices either dumping or moving sideways, prices bounced off strongly by the end of last week. Of note, losses in Ethereum were arrested as prices recovered, rising from around $3,000. At the same time, Bitcoin and Solana pushed higher, closing in on $70,000 and $200, respectively. Interest In Bitcoin, Ethereum, And Solana Spikes According to Santiment data , despite weakness across the scene, there were hints of strength at the tail end of last week. Of note was renewed interest, where Solana, Bitcoin, and Ethereum saw a marked spike in trading volume. Related Reading Fantom (FTM) Regains Momentum After Weeks Long Bleed – Will This Continue? 12 hours ago ...

As blockchain technology and cryptocurrencies gain prominence, many governments show increased support for their adoption. The global cryptocurrency market cap has risen to $2.48 trillion, marking a 2.63% increase over the last day. Meanwhile, Bitcoin is nearing $70,000 following a pro-crypto speech by Former U.S. President Trump, which also boosted US-listed crypto stocks. These developments have led to gains in altcoins, turning their charts green. As a result, investors are now seeking the top cryptocurrencies to buy. Top Cryptocurrencies to Buy Now TON has recently introduced the W5 Smart Wallet to enable gasless transactions on its blockchain. Meanwhile, Injective Labs has integrated Mountain Protocol, bringing USDM, a yield-bearing stablecoin, into its ecosystem. Additionally, Avalanche has partnered with Folks Finance to improve cross-chain lending. 1. Injective (INJ) Injective Labs has integrated Mountain Protocol, introducing USDM, a yield-bearing stablecoin, into its eco...

Market watchers have consistently pegged Ripple's XRP as a sleeper hit, particularly as it hovers below the $1 mark. Amidst this backdrop, there's a burgeoning consensus that forthcoming advancements within its ecosystem could catapult its value to surpass the $100 threshold. As the cryptocurrency market rides the waves of a bullish trend, some speculators are setting their sights even higher, envisioning XRP reaching a staggering 2000% rally. However, this potential monumental rise may not secure XRP's position as the cycle's most lucrative asset. For investors hungry for exponential gains, casting their nets towards emerging, yet promising ventures might yield far greater rewards. This article ventures into the realm of digital currencies poised to eclipse XRP's performance, presenting an opportunity for investors to partake in what could be an even more remarkable success story. Among these burgeoning stars is Cybro, a project that not only promises to match ...

Bitcoin (BTC) has consistently been a focal point in the cryptocurrency market, with its price movements closely analyzed by investors and market watchers. As Bitcoin establishes its price above the $67,000 mark, a crypto analyst has noted that recent trends and historical data suggest Bitcoin’s peak is yet to be reached, forecasting a substantial price surge in late Q3 or early Q4 this year. In a post on July 20, Stockmoney Lizards highlighted three key factors, halving events, short-squeeze zones, and institutional accumulation, that provide projected targets and crucial support and resistance zones, justifying the anticipated massive run for Bitcoin Picks for you 3 cryptocurrencies to avoid trading this week amid $190 million in unlocks 3 mins ago ...

U.S. Presidential Candidate Robert F. Kennedy Jr. says he’s “fully committed” to Bitcoin, and has put most of his wealth into the digital asset. RFK Jr . is arguably the most forward-thinking presidential candidate the US has seen regarding cryptocurrency. In a recent interview at the 2024 Bitcoin conference, RFK Jr said “I am a huge supporter of Bitcoin. I have most of my wealth in Bitcoin. I am fully committed.” JUST IN: Presidential Candidate Robert F. Kennedy Jr says "I put most of my wealth into Bitcoin. I am fully committed." pic.twitter.com/N8NYexHPbj — Watcher.Guru (@WatcherGuru) July 26, 2024 This year is set to be a tremendously important one for the United States. Specifically, it will see presidential elections occur, with a plethora of important political issues at the forefront of this election cycle. Among them is the growing prevalence of cryptocurrency, and the perspective that Capitol Hill has on the asset class. In a post to X back...