Arthur Hayes Sees $20K ETH Ahead, Why He’s Backing Ethereum Over Solana
BitMEX co-founder Arthur Hayes has made a striking prediction for Ethereum (ETH), suggesting the asset could go anywhere between $10,000 and $20,000 before the end of the current market cycle. In a recent interview, the influential investor also disclosed a…
Kanye West Launches YZY Meme Coin on Solana, Hits $3B Before Crash
Rapper Kanye West, now legally known as Ye, has officially stepped into crypto. On Wednesday, the business mogul launched YZY, a Solana-based meme coin that briefly touched a $3 billion market cap within hours of its debut before rapidly shedding value….
Long-Term BTC, ETH, XRP, SOL Investors Lock in $2.8B as Market Stalls
A significant wave of profit-taking has swept through cryptocurrency markets, with long-term investors capitalizing on recent all-time highs. Fresh on-chain data reveals that holders of major assets have collectively sold off approximately $2.8 billion in gains, contributing to a widespread…
XRP, SOL, and LTC ETFs Could Be Coming Soon, Says Analyst
An ETF expert has predicted an imminent surge in spot crypto exchange-traded funds (ETFs) approvals over the next two months. This comes as the regulatory landscape for these investment products solidifies. Crypto ETF Floodgates In an August 20 post on…
Solana Records Over 100,000 TPS in Weekend Mainnet Test
In a milestone for the blockchain, Solana briefly surpassed 100,000 transactions per second (TPS) on its mainnet over the weekend. A block processed late Sunday recorded 43,016 successful transactions and 50 failures, giving a peak TPS of 107,540, according to…
$4,300 Milestone Helps Ethereum Push Institutional AUM to Record $32.6 Billion
Investment products tied to digital assets registered $572 million in inflows last week, and reversed the early-week trend. Outflows reached $1 billion in the initial days, likely due to concerns over slowing growth following poor US payroll figures. The tide…
$653M in New Crypto Tokens Set to Hit the Market This Week
About $653 million worth of crypto tokens are set to be released into circulation this week. Investors will be keeping an eye out for potential price swings for several major assets, with data from the Tokenomist website showing large one-time…
Meet the Public Companies Sitting on $591 Million Worth of Solana
Four publicly traded companies – Upexi, Inc., DeFi Developments Corp (DeFi Dev.), SOL Strategies, and Torrent Capital – are now among the largest institutional holders of Solana (SOL). These entities collectively control more than 3.5 million SOL tokens worth over…
Here’s How Base Is Crushing Solana in Daily Token Launches
Coinbase-incubated Layer 2 network, Base, has outpaced Solana in daily token launches over the past two weeks. Zora and Farcaster have significantly boosted Base token creation, pushing its daily launches above that of Solana’s. Token Launch Frenzy The data shared…
Smart Money Flows Into ETH, SOL, and RWAs,While Stablecoins Decline: Report
Ethereum and Solana are the key players for derivatives, while Ondo Finance continues to make waves in the RWA space. Stablecoin movements are signalling a continuation of the current rally. Shuffling of Assets Bybit, the world’s second-largest exchange by trading…