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SOL saw a sharp rise in its price following the news that renowned investment managers VanEck and 21Shares have submitted applications to launch the first-ever Solana-based exchange-traded fund (ETF) products in the United States. According to CoinmarketCap , the fifth largest cryptocurrency by market cap has soared by more than 16% in the last 7 days as analysts speculate whether SOL could be the next cryptocurrency ETF to receive SEC’s regulatory approval.  More On The Solana ETF News VanECK’s Solana ETF filing with the SEC was disclosed by its head of digital asset research, Matthew Sigel on June 27. In a Twitter post, Sigel expressed optimism that the application will be approved and VanEck will become the first digital asset manager to offer a SOL-based ETF in the country. Described as the VanEck Solana Trust, Sigel explained that the new product will leverage Solana’s decentralized attribute, high utility, and market appeal to gain traction. If approved, VanEck plans to

The carnage inflicted on the crypto currency market over the past month is slowly easing. Ripple [XRP] suffered as well. But it performed significantly better than other assets in the market. XRP has only decreased by 10% in the past 30 days. With a 30% monthly decline, assets like Shiba Inu [SHIB] were particularly hard affected. At press time, XRP was up 0.62% over the last 24 hours, trading at $0.4752. Source Changelly predicts that the crypto currency will surpass both the $0.50 and $0.60 thresholds. The highest price at which XRP may trade is $0.633. The asset will be valued at an average of around $0.565. However, it was also noted that there was a risk the crypto currency would go as low as $0.497. Also Read: Ripple (XRP) & Cardano ETF Are Not Likely Now, New Data Shows Is It the Right Time To Buy XRP? It would be a major error, according to King Karan, the creator of The Alpha Husky Club NFT, for anybody to overlook XRP’s possible incorporation into the world financial sy

A proof-of-work, layer-1 altcoin has defied the crypto market doldrums and surged by 25% this week ahead of an upcoming protocol launch. Kaspa (KAS), which bills itself as “the fastest, open-source, decentralized and fully scalable layer-1 in the world,” is trading around $0.18 at time of writing, up from $0.144 seven days ago. The 27th-ranked crypto asset by market cap is also up more than 6.5% in the past 24 hours. KAS’ gains have materialized as Kasplex, a protocol for the Kaspa ecosystem, gets closer to its open beta, which kicks off on June 30th. The Kasplex Protocol plans to introduce the new KRC-20 token standard and support the creation and management of non-fungible tokens (NFTs) on the Kaspa network. Explains Kasplex’s whitepaper, “The primary principle guiding the protocol’s design is to avoid imposing negative effects on Kaspa, unlike certain protocols that contribute to the ‘UTXO bloat’ issue in Bitcoin. Kasplex provides a straightforward approach

The non-fungible token market has experienced another week of downturn, marked by further slides in trading sale volume and some strong resilience in floor prices. Despite the downtrend, the Azuki founder has remained bullish and maintained that non-fungible token collections are here to stay. Zagabond Bullish On NFTs In a June 27 blog post, Zagabond, the founder of the Chiru Labs, released his stake about the current state of the non-fungible token market. Zagabond has remained adamant about NFTs despite the market reaching its record lows in the past several days. NFT sale volume is down more than 3% in the past seven days. There will be NFTs that are expensive collectibles There will be NFTs that are high supply and cheap There will be NFTs that provide memberships There will be NFTs that are gaming items There will be NFTs with token yield & much more… NFTs are here to stay — ZAGABOND.ETH (@ZAGABOND) June 27, 2024 Zagabond and his team founded Chiru Labs in 2021. Chiru

Where do you see yourself in five years financial wise? Still undecided on your financial future? Not good. Why go down that path when the right return on an investment can smoothen your life. It's understandable if the overall cryptocurrency market’s general volatility and KANG plus Fantom’s troubles may have you jittery. But frankly, those coins are the exception, not the norm.  Solid life-changing ROIs lie in coins like MoonBag with sustainable scalability strategies. Currently in stage 6 of its presale, MoonBag crypto doesn't suffer any of KANG’s lack of foresight or Fantom’s platform-specific challenges. Instead, investors are assured of surefire well planned out returns. Infact, the earliest joiners in the MoonBag meme coin presale will clinch up to 9,900% and 15,000% ROI. To top that, staking has begun and smart investors are already raking a healthy 88% APY with MoonBag staking rewards.  Join in  on an exciting journey to uncover the groundbreaking possibilities of

A closely followed crypto trader believes altcoins are gearing up for a surge after a hefty correction. Pseudonymous trader The Flow Horse tells his 200,300 followers on the social media platform X that altcoins will likely soon soar from their market bottom in a mean reversion. “Putting Bitcoin aside, some of these alts are going to bounce so hard off just normal mean reversion. Might need to put together a shopping list but still feeling kind of apathetic about trading until at least July.” The analyst is also picking Pepe (PEPE) as the memecoin he believes will outperform the others, including dogwifhat (WIF). “Memecoins aren’t dead, but I don’t know if you want to reference WIF as the representative pair or horse to bet on. [WIF is] down against Solana from SOL all-time high (ATH), underperforming BTC from BTC ATH, underperforming both from original April lows, underperforming from the last highs. The most fit horse is PEPE.” PEPE is trading for $0.0000127

Although the crypto market has been in flux recently, there remain countless opportunities for huge gains. Some of those could yield 10x returns or even more. This article looks at the five most promising to buy now. PlayDoge PlayDoge is our top pick of cryptos that could 10x. The project is currently in its presale and has just hit the $5 million milestone. As the name hints, PlayDoge is a blend of Play-to-Earn and meme coin. It’s inspired by Tamagotchi, a pet companion device that sold 82 million units in the 1990s. PlayDoge is creating a nostalgic reboot with real crypto rewards. Users will earn $PLAY by interacting with their pet, ensuring it’s happy and healthy. There are also

With various advancements in AI-related cryptocurrencies, there has been a significant rally among certain AI coins, including Fetch.ai. The announcement of the ‘Superintelligence Alliance’ between Fetch.ai, Ocean Protocol, and SingularityNET marks a significant development. This initiative garnered endorsement from the largest crypto exchange, Binance. On March 27, these AI-focused projects surprised the blockchain community with news of their merger, a rare event in the crypto world where their respective tokens will transition into a new token and shared economy model. By pooling resources, they aim to construct a decentralized AI framework capable of rivaling giants like OpenAI and Google. Dubbed the ‘Superintelligence Alliance,’ their joint effort introduces a new cryptocurrency, ASI. Fetch.ai, SingularityNET, and Ocean Protocol emphasize ASI’s critical decentralization across all tech layers, from network infrastructure to AI software and models, as essential for advancing hum

Crypto and the Metaverse: How Blockchain is Shaping Virtual Worlds! In recent years, the intersection of blockchain technology and virtual worlds has heralded a new era of innovation and possibilities. As virtual environments continue to grow in complexity and popularity, blockchain is emerging as a transformative force, enhancing security, transparency, and user autonomy. This article explores how blockchain is shaping the future of virtual worlds and redefining the digital landscape. Decentralization and Ownership One of the fundamental contributions of blockchain to virtual worlds is decentralization. Traditional virtual environments are often controlled by a single entity, which owns the servers and databases. This centralization poses risks related to data privacy, security breaches, and censorship. Blockchain, however, introduces a decentralized model, distributing data across a network of nodes. This ensures that no single entity has unilateral control, thereby enhancing securi

As 2024 approaches, savvy investors focus on cryptocurrencies, offering substantial growth opportunities and stability. Pawfury (PAW), Cardano (ADA), Hedera (HBAR), and Dai (DAI) excel with their strategic innovations and strong commitment to enhancing blockchain technology. Cardano (ADA) Cardano stands out for its rigorous scientific philosophy and a strong commitment to sustainability and security, which are critical as the blockchain sector matures and expands into mainstream financial systems. PawFury(PAW): Unstoppable Force PawFury(PAW) has captivated the crypto community as an unstoppable force in the blockchain space, amassing $3.85 million in presale funding. This robust financial backing highlights the market's confidence in its trajectory and growth.  The project is anticipated to launch at $0.01007, with projections pointing to a potential increase to $0.020 as it begins trading on major exchanges.  PawFury's strategic partnerships and cutting-

1. ZK Airdrop Opened for Claiming on Monday link ZKSync’s airdrop opened for claiming on Monday, with listings on Binance, OKX, and South Korea’s second-largest crypto exchange Bithumb. Binance further announced its decision to distribute 10,500,000 ZK tokens to up to 52,500 eligible users due to ongoing community concerns about the ZK token airdrop distribution. As of the latest update, ZK is priced at $0.175 with a circulating market cap of $644 million. According to Nansen data, among the top 10,000 addresses that received the ZK airdrop, 23.4% chose to hold their tokens; 41.8% of addresses opted to completely transfer or sell approximately 360 million ZK tokens; and 34.7% of addresses chose to partially transfer or sell about 170 million ZK tokens. 2. LayerZero Airdrop Goes Live, Arbitrum Emerges as One of the Biggest Beneficiaries link On June 20th, LayerZero opened its airdrop claim, and its ZRO token was promptly listed on major exchanges such as Binance, OKX, Coinbase, and Upbi

Bitcoin (BTC) has been experiencing a period of consolidation, hovering above $63,000 after facing resistance at the $70,000 mark. This stagnation is not new, as it mirrors similar trends observed in past bull markets. Crypto trading expert Rekt Capital suggests that while Bitcoin has the potential for a breakout, it might continue to consolidate for several more months, echoing the behavior seen in early 2023. In an X post (formerly Twitter) on June 20, Rekt Capital highlighted that Bitcoin tends to form re-accumulation ranges post-halving. These ranges are characterized by low volatility and narrow trading corridors, setting the stage for the next significant move.  Picks for you ChatGPT-4o sets Ethereum price as $800 billion bank enters ETH spot trading 11 mins ago