Solana Declines as Lightchain AI Advances
@Solana’s decline continues as @LightchainAI wraps up its presale, gearing up for a highly anticipated Testnet launch that could pivot the blockchain space. #Update #Crypto $SOL (-3) ↘
Covers news and developments related to various alternative cryptocurrencies (altcoins) excluding Bitcoin
@Solana’s decline continues as @LightchainAI wraps up its presale, gearing up for a highly anticipated Testnet launch that could pivot the blockchain space. #Update #Crypto $SOL (-3) ↘
Pseudonymous trader Bluntz predicts Solana ($SOL) could reach a new all-time high of $320 after completing an ABC correction, while Bitcoin ($BTC) may bottom at $96,000 before surging to $130,000. #Update #Crypto $SOL (+4) ↗
$XRP price surged above $3.00, outperforming Bitcoin and Ethereum, but faces resistance near $3.150. A break above this could push it toward $3.220; failing to do so might see a decline to $2.9350 support. #Update #Crypto $XRP (+3) ↗
Solana ($SOL) is experiencing a decline, trading below $240 with key resistance at $235 and $242. A break above $250 could trigger gains, while failure to rise may lead to further losses toward the $212 support level. #Update #Crypto $SOL (-3) ↘
@Ripple secures Money Transmitter Licenses in New York and Texas, enhancing its blockchain-powered payment solutions for institutional demand, marking a significant step in compliant real-time cross-border transactions. #Update #Legal $XRP (+7) ↗
Solana captures 50% of DEX market share, driven by retail adoption and low fees, with platforms like @JupiterExchange and @RaydiumProtocol fueling growth. Ethereum remains strong in liquidity depth. #Update #Crypto $SOL (+5) ↗
Cboe BZX Exchange refiles Solana ETF applications for four firms, prompting SEC review; if approved, these ETFs could expand traditional investor access to $SOL. Challenges include regulatory classification as a commodity or security. #Update #ETF $SOL (+3) →
@BitwiseInvest filed for a spot $DOGE ETF with the SEC, while Cboe re-filed Solana ETF forms. Bloomberg analysts noted potential regulatory shifts and highlighted Bitwise’s use of the 1933 Act. #Update #ETF $DOGE (+2) ↗
@BitwiseInvest has filed an S-1 with the U.S. Securities and Exchange Commission to launch a Dogecoin ($DOGE) ETF, marking a potential shift in crypto investment vehicles under President Trump’s administration. #Update #ETF $DOGE (+6) ↗
President Trump’s executive order on crypto omits specific mention of $BTC, sparking backlash from Bitcoin advocates who allege @Ripple’s lobbying influenced the decision to promote a broader “digital asset” reserve, including $XRP. #Update #Crypto $XRP (-3) ↘
@BitwiseInvest files for a Dogecoin ETF with the SEC, marking the first physically backed structure for $DOGE under the ’33 Act. The filing aims to legitimize DOGE as an institutional-grade asset, though its price remains stable at $0.32. #Update #Crypto $DOGE (+3) ↗
Memecoin ETF proposals, like those from @BitwiseInvest, spark debate as industry leaders question their legitimacy and regulatory viability amid a shifting landscape under President Donald Trump. #Update #ETF $DOGE (-3) ↘
Ronald Branstetter’s meme coin, Unicorn Fart Dust ($UFD), was hacked for over $1 million, but he remains committed to the project despite the loss. The community has rallied, donating $425,000 to support him. #Breaking #Crypto $UFD (-9) ↘
@Solaxy, Solana’s first Layer-2 scaling solution, has raised over $15 million in its presale phase to tackle network congestion by processing transactions off-chain. Investors are optimistic about the impact on Solana-based trading. #Update #Crypto $SOLX (+5) ↗