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.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

A cryptocurrency trader made $392,200 by investing early in MOODENG, a meme coin inspired by a viral baby hippo. MOODENG's market cap surged from $70,000 to $244.3 million, reflecting its popularity. The token, based on Solana, saw an 86.42% increase in 24 hours, with a trading volume of $59.8 million.

Portfolio Pulse from Murtuza Merchant

September 27, 2024 | 5:13 pm

Floki has partnered with GraFun, a new meme coin launchpad on Binance Smart Chain, leading to a 16% increase in Floki's token price. Floki will acquire a 40% stake in GraFun and receive 40% of its revenue. The launchpad has secured partnerships with BNB Chain, DeXe Protocol, HOT Protocol, and DWF Labs.

Portfolio Pulse from Murtuza Merchant

September 27, 2024 | 1:59 pm

The memecoin 'Moo Deng', inspired by a viral baby hippo, has surged 700% since its launch, reaching a market cap of over $190 million. Based on Solana, it saw an 80% increase in 24 hours, highlighting the volatile yet profitable nature of memecoins.

Portfolio Pulse from Aniket Verma

September 27, 2024 | 9:27 am

Cryptocurrency markets are experiencing a surge, with Bitcoin reaching its highest level since early August. Notable developments include PayPal's increased involvement in crypto and Bitcoin's potential as a hedge against geopolitical events. Traders are optimistic about Bitcoin's future, with some predicting a $100,000 target by year-end.

Portfolio Pulse from Khyathi Dalal

September 26, 2024 | 7:38 pm

Cryptocurrency markets are trading sideways with Bitcoin, Ethereum, and Dogecoin showing minimal price changes. BlackRock leads U.S. Spot Bitcoin ETF net inflows. Bitcoin's options expiry on Friday could lead to upside volatility. Notable developments include BNY Mellon's SEC exemption and Bitcoin whales selling significant amounts.

Portfolio Pulse from Khyathi Dalal

September 25, 2024 | 7:08 pm

The meme coin WYNN experienced a dramatic rise and fall, initially reaching an $85 million market cap due to social media buzz and indirect endorsement from Drake, but has since plummeted to $1.5 million. This highlights the volatility of meme coins and the impact of celebrity influence in the crypto market.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 7:03 pm

A MarketVector report suggests Solana (SOL) could reach $330, capturing 50% of Ethereum's market cap due to its superior performance metrics. Solana processes more transactions, has more daily active users, and offers cheaper transaction fees than Ethereum, indicating potential for significant market cap growth.

Portfolio Pulse from Murtuza Merchant

September 25, 2024 | 5:10 pm

Solana (SOL) has seen a 4.07% price increase in the last 24 hours, reaching $151.72. Over the past week, it has risen over 18% from $127.99. Trading volume increased by 63%, and its market cap is now $71.12 billion, ranking it #5.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:00 pm

Solana-based memecoins like Popcat and Dogwifhat have seen massive gains in 2024, outperforming Ethereum-based counterparts like Shiba Inu and Floki. Solana's native token, SOL, also rose 3.51% amid the memecoin frenzy.

Portfolio Pulse from Aniket Verma

September 25, 2024 | 5:09 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.