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Can Solana Price Post a 2021-Like Bull Run?


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The SOL/ETH currency pair traded within a tight range as liquidity woes challenge global markets, including crypto. With investors anticipating a series of interest rate cuts in the United States starting in September, Solana price may surge ahead of other cryptocurrencies, potentially reaching $200.

SOL/ETH Price Market Movers: Rising DeFi TVL and And Whale Buying Spree

Solana price collected liquidity at $140 this week, paving the way for a reversal to $145 as the protocol’s decentralized finance (DeFi) ecosystem made a comeback in the total value locked (TVL). According to DeFi Llama, the value locked in smart in the protocol’s smart contracts has surged to $4.98 billion from the early August crash to $3.8 billion. An increase in this metric is often viewed as a bullish signal for reducing the potential selling pressure. Investors show confidence in the asset, committing their holdings to secure the protocol and earn rewards.

Solana TVL | DeFi LlamaSolana TVL | DeFi Llama
Solana TVL | DeFi Llama

On the other hand, ETH price quickly swung towards $2,700, but due to shrinking liquidity and a slow uptake of Ether ETFs, a correction occurred to $2,664. This sluggish movement in ETH price may soon be over if whales keep up their risk appetite for ETH. Based on Santiment, holders of between 1,000 and 10,000 ETH account for 35.13% of the total supply, up from 34.77% on August 1. Those addresses with between 10 million and 100 million ETH focused on the recent crash, increasing their holdings to 10% from 9.67% in the same period.

Ethereum supply distributionEthereum supply distribution
Ethereum supply distribution

Solana Price Analysis: Ready For A Move-Up

The SOL/USD currency pair sits above crucial support provided by the 200-day Exponential Moving Average (EMA) and the lower end of the Bollinger bands. A rebound toward the indicators mid boundary is anticipated, which has a higher probability of boosting Solana price toward $160.

Meanwhile, a Bollinger Band Squeeze occurs when the upper and lower bands converge, indicating a period of low volatility. This can be likened to the current lack of liquidity. A breakout from either band after a squeeze often signals a significant price movement. Hence, with support at the 200-day EMA holding, traders can profit by entering long positions in SOL/ETH pair and anticipating a huge breakout to 0.062.

SOL/ETH price chart | Tradingview SOL/ETH price chart | Tradingview
SOL/ETH price chart | Tradingview

Per the SOL price prediction, the outlook is bullish in the short term, but it would be safer to manage expectations. A break below the 200-day EMA on the SOL/ETH pair could trigger another sell-off, with altcoins bearing the brunt. Key levels o each on the downside are 0.05 for the pair, $130 and $120 for Solana and based on ETH price forecast, traders keenly watch the levels at $2,500, $2,200.

Frequently Asked Questions (FAQs)

Support at $140 allowed bulls to collect liquidity.

This is unlikely, especially if SOL/ETH upholds support at 0.05362.

Solana shows immense potential to rally, but traders must practice risk management.

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John Isige

John is a seasoned crypto expert, renowned for his in-depth analysis and accurate price predictions in the digital asset market. As the Price Prediction Editor for Market Content at CoinGape Media, he is dedicated to delivering valuable insights on price trends and market forecasts. With his extensive experience in the crypto sphere, John has honed his skills in understanding on-chain data analytics, Non-Fungible Tokens (NFTs), Decentralized Finance (DeFi), Centralized Finance (CeFi), and the dynamic metaverse landscape. Through his steadfast reporting, John keeps his audience informed and equipped to navigate the ever-changing crypto market.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BTC Hits $97K, HYPE and VIRTUAL Gain 25%

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Cryptocurrency prices today are showing bullish momentum, with Bitcoin (BTC) rebounding above $97K after touching a low of $92K. Major altcoins like Ethereum (ETH) and XRP also saw gains, reflecting positive market sentiment.

Hyperliquid (HYPE) and Virtual Protocol (VIRTUAL) emerged as top gainers, each rising by 25% in the last 24 hours. Hyperliquid’s price surge follows Bitget’s announcement of listing its token on their exchange, while Virtual Protocol’s increase is attributed to the launch of their GAME SDK.

The global crypto market has also risen, reaching $3.38 trillion, up by approximately 0.5% in the last 24 hours. Trading volume surged by 10%, hitting $301 billion, showcasing increased activity in the market.

Cryptocurrency Prices Today: BTC Above $97K, ETH, XRP, SOL Gain

Cryptocurrency prices today reflect a positive shift, with Bitcoin (BTC) trading above $97K and major altcoins like Ethereum (ETH), XRP, and Solana (SOL) posting gains. Meme coins, including Dogecoin and Shiba Inu, also showed signs of recovery after recent declines.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $97,412, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high were $92,210 and $98,136, respectively. The market cap stood at $1.93 trillion, with a trading volume of $100 billion, while BTC’s market dominance was recorded at 56.83%.

According to SoSo Value, BTC ETFs experienced outflows of $204 million, marking the second consecutive day of outflows after a long period. Additionally, Ark & 21Shares reported outflows of $87 million, while Fidelity recorded $71 million in withdrawals. Data from BlackRock regarding BTC ETF activity is still awaited.

In other news, Michael Saylor unveiled a mechanism demonstrating how the U.S. could generate $81 trillion by establishing a Strategic Bitcoin Reserve. This proposal has sparked discussions on leveraging Bitcoin for national financial strategies.

Ethereum Price Today

Ethereum (ETH) price was trading at $3,466, reflecting a 1% increase in the last 24 hours. Its 24-hour low and high were $3,099 and $3,497, respectively. Cryptocurrency prices today highlight ETH’s market cap at $417 billion, with a trading volume of $62 billion and a market dominance of 12.32%.

ETH ETFs saw an inflow of $28 million, with Fidelity purchasing $13 million worth of ETFs. Grayscale followed closely, buying $15 million in ETFs, while data from BlackRock is still awaited, which could influence cryptocurrency prices today.

In other news, Donald Trump’s World Liberty Financial has reportedly accumulated more ETH during the recent price dip. This development underscores growing institutional interest in Ethereum despite market volatility.

XRP Price Today

XRP price was trading at $2.31, reflecting a 0.5% increase in the last 24 hours. Its 24-hour low and high were $1.97 and $2.338, respectively. Cryptocurrency prices today show XRP’s market cap at $130 billion, with a trading volume of $26 billion. It remains the fourth-largest cryptocurrency by market cap, with a market dominance of 3.86%.

In other news, Ripple, the company behind XRP, has pledged $5 million in its native XRP token to support President-elect Donald Trump’s inauguration. This move highlights Ripple’s strategic initiatives and its commitment to fostering global partnerships.

Solana Price Today

Solana (SOL) price was trading at $193, with a 24-hour low of $175 and a high of $197. Cryptocurrency prices today show SOL’s market cap at $92 billion and a trading volume of $9 billion in the last 24 hours. Meanwhile, crypto analytics platform Glassnode reported significant capital movement across Solana assets, indicating heightened investor activity and interest in the Solana ecosystem.

Meme Cryptocurrency Prices Today

Meme coins have also followed the trend of major altcoins, with Dogecoin (DOGE) up by 1%, trading at $0.32. Similarly, Shiba Inu (SHIB) was also up by approximately 1%, trading at $0.00002259. Other top meme coins like PEPE, BONK, and WIF saw increases ranging from 2% to 9% in the last 24 hours, as cryptocurrency prices today show positive momentum in the meme coin market.

Top Cryptocurrency Gainer Prices Today

Hyperliquid

Hyperliquid (HYPE) price surged by 25% in the last 24 hours, trading at $31.97. Its 24-hour low and high were $22.96 and $32.23, respectively. Cryptocurrency prices today highlight HYPE’s market cap at $8.69 billion, with a trading volume of $583 million.

Virtual Protocol

Virtual Protocol price also saw a 25% gain, trading at $2.734. Its 24-hour low and high were $2.03 and $2.842, respectively. The market cap stands at $2.73 billion.

Ethena

Ethena (ENA) price rose by 16%, trading at $1.16. Its 24-hour low and high were $0.85 and $1.224, respectively. In other news, Ethena Labs has partnered with Trump-backed WLFI to boost stablecoin liquidity and rewards by adding sUSDe as core collateral on Aave.

Top Cryptocurrency Loser Prices Today

Aptos (APT)

Aptos (APT) price became the top loser for today, falling by 13% in the last 24 hours. It was trading at $10.23, with a 24-hour low and high of $9.90 and $11.77, respectively. The price drop is attributed to the resignation of Mo Shaikh, the co-founder and CEO of Aptos Labs, which has caused concerns within the community.

Hedera

Hedera (HBAR) became the second worst performer for today, with a 4% price drop, trading at $0.2688. Its 24-hour low and high were $0.23 and $0.28, respectively, with a market cap of $10 billion. In other news, the Hedera Foundation has announced Charles Adkins as its new CEO, effective January 1, 2025.

Besides this, the hourly chart is showing a rebound in the crypto market after yesterday’s flash crash. Bitcoin (BTC) and major altcoins are showing positive momentum, indicating a recovery in cryptocurrency prices today.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BTC Crosses $107K, BGB Soars 14%, CRO Up 7%

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Cryptocurrency prices today saw Bitcoin (BTC) making headlines again as it reached a new all-time high, touching $107,700. The global crypto market increased by 1%, reaching $3.72 trillion, while trading volume jumped 34% to $211 billion.

In the altcoin market, Bitget Token (BGB) surged 16%, reflecting strong investor interest, while Cronos (CRO) gained 7%, indicating steady demand. The Fear and Greed Index climbed to 81, signaling extreme greed as optimism continues to dominate the market.

Cryptocurrency prices today showcase BTC’s record-breaking momentum. Its new all-time high is driving bullish sentiment across the market. Increased trading activity and rising valuations reflect strong confidence among investors.

Cryptocurrency Prices Today: BTC Hits New ATH, ETH, XRP Gain 2%, SOL Drops 4%

Cryptocurrency prices today saw Bitcoin (BTC) hitting a new all-time high of $107,700, fueling market optimism. Ethereum (ETH) and XRP recorded 2% gains, reflecting steady buying interest, while Solana (SOL) dropped 4% due to profit booking. The overall market remains positive, driven by rising trading volumes and BTC’s strong upward momentum.

Bitcoin Price Today

Cryptocurrency prices today showed Bitcoin (BTC) trading at $106,256, marking a 2% increase in the last 24 hours. BTC recorded a 24-hour low of $103,320 and a high of $107,777, reflecting strong market activity. Its market cap stood at $2.11 trillion, while its trading volume reached $83 billion. Bitcoin’s dominance in the market remained steady at 56.46%.

As per SoSo Value, BTC ETFs witnessed significant inflows of $218 million on Monday. Fidelity contributed $116 million to Bitcoin ETFs, followed by Ark and 21Shares with $47 million, and Bitwise with $30 million. Meanwhile, BlackRock’s ETF data is still awaited, keeping investors eager for updates.

In other news, Michael Saylor proposed a framework for the U.S. to address its $36 trillion debt with Bitcoin. His innovative suggestion highlights the growing potential of Bitcoin in reshaping global financial strategies.

Ethereum Price Today

Cryptocurrency prices today highlighted Ethereum (ETH) price trading at $4,020, reflecting a 2% gain in the last 24 hours. ETH recorded a 24-hour low of $3,883 and a high of $4,108, showcasing steady upward movement. Its market cap stood at $484 billion, supported by a trading volume of $43 billion.

Ethereum ETFs saw an inflow of $20 million, indicating continued investor interest. Bitwise accounted for $8 million of the inflow, while Fidelity purchased $4 million of ETH ETFs. BlackRock’s ETF data is still pending, leaving the market awaiting further updates.

XRP Price Today

XRP price was trading at $2.48, reflecting a 2% increase in the last 24 hours. The cryptocurrency recorded a 24-hour low of $2.344 and a high of $2.568, indicating a steady upward trajectory. With a market cap of $142 billion and a trading volume of $12 billion, XRP has solidified its position as the third-largest cryptocurrency by market cap, holding a 3.81% dominance.

Analysts predict that XRP could surge to $7 following the launch of the RLUSD stablecoin. This development is anticipated to enhance XRP’s adoption and significantly impact its market trajectory.

Solana Price Today

Solana (SOL) price was trading at $214, experiencing a 4% drop in the last 24 hours. The cryptocurrency saw a low of $211 and a high of $223 during the same period, reflecting some volatility. With a market cap of $102 billion and trading volume of $5 billion, SOL is currently the 6th largest cryptocurrency by market cap.

In other news, Messari’s 2025 Crypto Theses Report suggests that Solana could experience explosive growth in 2025. This potential surge is expected to come from increasing adoption and the growing influence of the Solana ecosystem in the broader cryptocurrency market.

Meme Cryptocurrency Prices Today

Top meme coins are showing bearish momentum today, with Dogecoin (DOGE) down by 1%, trading at $0.40. Shiba Inu (SHIB) also saw a 2% decline, trading at $0.00002706, reflecting the overall weakness in the meme coin market.

Other notable meme coins such as PEPE, WIF, and BONK were also down by 2% to 3% at the time of writing. The trend suggests a temporary dip in investor sentiment towards meme-based cryptocurrencies.

Top Cryptocurrency Gainer Prices Today

Bitget Token

Bitget Token (BGB) emerged as the top gainer today, with a 16% increase in price over the last 24 hours. It was trading at $3.65, with a 24-hour low of $3.091 and a high of $3.66, reflecting strong upward momentum.

This significant price increase is attributed to Bitget, being granted a license to operate as a Bitcoin Service Provider by El Salvador’s Central Bank. This regulatory approval has fueled investor optimism, driving the surge in BGB’s price.

Cronos

Cronos (CRO) became the 2nd top gainer today, with a 7% increase in the last 24 hours. It was trading at $0.188, with a 24-hour low of $0.17 and a high of $0.19, reflecting solid upward movement.

The cryptocurrency prices today show that CRO has a market cap of $5 billion and a trading volume of $131 million. Its strong performance highlights growing investor confidence and interest in the token.

Virtual Protocol

Virtual Protocol (VIRTUAL) was trading at $2.86, showing a 6% increase in the last 24 hours. The cryptocurrency recorded a 24-hour low of $2.70 and a high of $3.28, reflecting strong upward momentum in its price movement.

Top Cryptocurrency Loser Prices Today

Helium

Helium (HNT) was trading at $8.48, showing an 11% drop in price, making it the worst performer for today. Its 24-hour low and high were $8.40 and $10.10, reflecting significant volatility in its price movement.

Cryptocurrency prices today highlight the challenges Helium is facing, with the market sentiment turning bearish. Investors are keeping an eye on the cryptocurrency as it navigates this downward trend.

GALA

GALA price was trading at $0.045, experiencing a 10% drop in price over the last 24 hours. The cryptocurrency recorded a 24-hour low of $0.04483 and a high of $0.0502, indicating notable price fluctuations.

With a market cap of $1.67 billion and a trading volume of $344 million, GALA is still actively traded despite the recent price decline. Cryptocurrency prices today reflect the challenges GALA is facing in a bearish market.

Raydium

Raydium (RAY) was trading at $4.89, showing a 9% drop in price over the last 24 hours. Its 24-hour low and high were $4.87 and $5.40, reflecting significant price fluctuations. Despite this decline, RAY continues to attract attention in the market, with investors closely watching its movement during this bearish period.

In addition, the hourly chart shows positive momentum, with Bitcoin (BTC) up by 0.50% in the last hour. Major altcoins like Ethereum (ETH), XRP, and Binance Coin (BNB) have also seen gains in the past hour, suggesting a brief market recovery. Cryptocurrency prices today indicate a mixed trend across different assets.

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CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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BTC Surges Above $102K, Virtual Rises 16%, Core Gains 10%

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The crypto market looks bullish as Bitcoin (BTC) started trading above $102,000. Major altcoins are trading with 2% to 5% gains in the last 24 hours. Virtual Protocol (VIRTUAL) and Core (CORE) emerged as the top gainers, with 16% and 10% surges, respectively.

The global crypto market cap stands at $3.66 trillion, reflecting a 2% gain in the last 24 hours. However, the trading volume is down by 20%, currently at $173 billion. Let’s look at some leading cryptocurrencies by market cap and their price movements today.

Crypto Prices Today: Bitcoin Crossed $100K, ETH and XRP See Gains

Bitcoin (BTC) has surged past the $100K mark again, trading above $102,000. Ethereum (ETH) is up by 2%, while XRP has surged by 5%. Top meme coins have also shown strength, recording gains of 2% to 3% in the last 24 hours. Meanwhile, VanEck predicts new all-time highs for Bitcoin, Ethereum, and Solana by 2025, driven by U.S. adoption, innovations, and AI integration in blockchain technology.

Bitcoin Price Today

Bitcoin (BTC) price was trading at $102,000, marking a 3% rise in the last 24 hours. Its 24-hour low and high were recorded at $99,539 and $102,629, respectively. The cryptocurrency’s market cap reached $2.02 trillion, with a trading volume of $58 billion. Bitcoin’s market dominance stood strong at 55.3%, reflecting its continued leadership in the crypto market.

ETF inflows showed mixed activity as Farside Investor reported a $35 million inflow into BTC ETFs on Friday. Fidelity added $60 million worth of Bitcoin ETFs to its holdings, signaling strong institutional interest. However, Grayscale experienced a significant $100 million outflow, indicating contrasting movements within the ETF space.

In other news, Frank Ahlgren from Austin, Texas, was sentenced to two years in prison for tax fraud. He failed to report $3.7 million in Bitcoin (BTC) gains, highlighting the ongoing challenges of tax compliance in cryptocurrency investments.

Ethereum Price Today

Ethereum (ETH) price was trading at $3,919, reflecting a slight increase from yesterday. Over the past 24 hours, it’s low and high ranged between $3,873 and $3,968. As per the latest crypto prices today, ETH has shown impressive growth over the month, gaining 22% and maintaining strong momentum in the market. Its market cap stood at $472 billion, supported by a trading volume of $34 billion.

ETH ETFs recorded an inflow of $14 million, signaling growing interest from institutional investors. Grayscale and Fidelity contributed equally, each accounting for $7 million in inflows. However, BlackRock’s ETF data remains awaited, leaving market participants eager for further updates.

XRP Price Today

XRP price was trading at $2.44, reflecting a 5% increase over the last 24 hours. Its 24-hour low and high were $2.29 and $2.47, respectively, with a market cap of $140 billion and a trading volume of $9 billion, making it the 4th largest cryptocurrency by market cap. Crypto analyst Dark Defender has highlighted crucial targets to watch out for in the XRP price, following the completion of a bull flag pattern, suggesting further potential upward movement.

Solana Price Today

Solana (SOL) price was trading at $226, reflecting a 1% drop in the last 24 hours. Its 24-hour low and high were $220 and $227, respectively. The market cap stood at $108 billion, with a trading volume of $4 billion. As per the latest crypto prices today, analysts at CoinGape are forecasting a potential surge in Solana price, driven by bullish trends dominating the crypto market. SOL is gaining momentum, attracting developers and investors, with many anticipating a 100% surge in the coming months.

Meme Crypto Prices Today

Meme coins are also showing positive momentum, with Dogecoin (DOGE) up by 2%, trading at $0.41. Shiba Inu (SHIB) gained 3%, reaching $0.00002852. Other notable meme coins like PEPE, BONK, and FLOKI saw increases of 2% to 4% in the last 24 hours, reflecting a broad upward trend in this segment of the market.

Top Crypto Gainers Prices Today

Virtuals Protocol

VIRTUAL price was up by 16%, becoming the top gainer for today, trading at $2.53. It surged by 40% over the past week and 628% over the last month. The price surge followed the announcement that VIRTUAL would be listed on Binance, one of the top exchanges in the world, driving significant investor interest and market momentum.

Core

CORE price became the 2nd highest gainer of the day, with a 10% increase over the last 24 hours. The price was trading at $1.50, with a 24-hour low of $1.368 and a high of $1.511, showing positive momentum in the market. The strong performance aligns with the overall bullish trend seen in crypto prices today.

Movement

MOVE price was up by 8%, trading at $0.6833. Its 24-hour high and low were $0.6891 and $0.5989, respectively. The market cap stood at $1.54 billion, with a trading volume of $539 million, reflecting strong activity in the market.

Top Crypto Losers Prices Today

Aerodrome Finance

AERO price was the weakest performer of the day, with a 4% decline in the last 24 hours. It was trading at $2.09, with a 24-hour low of $1.99 and a high of $2.20. Despite the decline, the overall trend in crypto prices today remains positive for most other tokens.

Lido Dao

LDO price was down by 3%, trading at $2.23. Its market cap stands at $2 billion, with a 24-hour high of $2.347, reflecting a slight decline amid a generally positive market.

Overall, the hourly time frame looks bullish with Bitcoin and major top altcoins showing strength in the hourly chart. XRP is up by 1% in the last 24 hours, contributing to the positive momentum. This aligns with the current trends in crypto prices today, where key cryptocurrencies continue to perform well.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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