Streetbeat News

SOLUSD

Solana / US Dollar

Industry

Digital Currency

Solana is a public, open-source blockchain that supports smart contracts, including non-fungible tokens (NFTs) and a variety of decentralized applications (dApps). Native to Solana's blockchain is the SOL token which provides network security through staking as well as a means of transferring value.

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A Binance trader predicts a bullish Q4 for Bitcoin, expecting a short-term pullback before a rise. The trader's crypto shopping list includes Solana, Dogwifhat, Pepe, Popcat, Aave, and Pendle. Despite declining active addresses, a shift to quantitative easing could boost the market.

Portfolio Pulse from Khyathi Dalal

October 01, 2024 | 6:48 pm

The Joe Biden-inspired meme coin Boden (BODEN) on Solana is experiencing a significant rebound, gaining over 75% in a day. Despite its volatile history and massive losses for some traders, the coin is seeing renewed interest due to pre-election hype and market trends. Crypto trader ChimpZoo is optimistic about its future, despite acknowledging the risks.

Portfolio Pulse from Murtuza Merchant

October 01, 2024 | 4:23 pm

Robinhood Markets Inc. has launched crypto transfers for European customers, allowing transactions in over 20 cryptocurrencies including Bitcoin, Ethereum, and Solana. The company offers a 1% deposit match for a limited time and emphasizes security features. This move is part of Robinhood's strategy to expand its cryptocurrency operations.

Portfolio Pulse from Kaustubh Bagalkote

October 01, 2024 | 9:36 am

Solana-based meme coins Bonk and Dogwifhat outperformed the market amid a broader market retrace, with Bonk surging over 8% and Dogwifhat up 4.6%. In contrast, Dogecoin and Shiba Inu saw declines. The strong performance of Solana-based coins occurred despite geopolitical tensions affecting the market.

Portfolio Pulse from Aniket Verma

October 01, 2024 | 3:48 am

Cryptocurrency markets, including Bitcoin, Ethereum, and Dogecoin, experienced a downturn as September ended. Despite record inflows into Bitcoin ETFs, prices fell, with Bitcoin down 3.6% and Dogecoin down 7.2%. Traders are divided on future price movements, with some predicting a bullish reversal and others anticipating further declines.

Portfolio Pulse from Khyathi Dalal

September 30, 2024 | 7:26 pm

The cryptocurrency market is showing signs of a potential upward trend, with Bitcoin's Exchange Flow Multiple indicating accumulation. Bitcoin spot ETFs, particularly from BlackRock and Ark & 21Shares, have seen significant inflows, suggesting investor confidence. Technical analysts are optimistic but caution about macroeconomic risks.

Portfolio Pulse from Murtuza Merchant

September 30, 2024 | 6:27 pm

A trader turned a $1,331 investment into $9.5 million in 16 days by investing in MOODENG, a Solana-based meme coin. MOODENG's market cap peaked at $339 million before dropping to $205 million. The rise of MOODENG is part of a broader meme coin resurgence, with Dogecoin and Shiba Inu also seeing gains.

Portfolio Pulse from Murtuza Merchant

September 30, 2024 | 1:12 pm

A cryptocurrency analyst predicts a 5x surge for Solana (SOL) by Q4 2025, citing its strong DeFi adoption and potential to lead a blockchain revolution. However, regulatory concerns from the SEC could impact its growth.

Portfolio Pulse from Aniket Verma

September 30, 2024 | 5:57 am

Cryptocurrency markets are ending the week strong, with Bitcoin surpassing $66,000. Bitcoin's large transaction volume and active addresses are up, and ETFs have seen significant inflows. Analysts are optimistic about further gains, with Ethereum potentially moving to the $2,900s.

Portfolio Pulse from Khyathi Dalal

September 27, 2024 | 7:16 pm

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