November Marks Continued Growth for NFT Market
Despite a minor weekly setback, the NFT market progresses strongly in November, with Ethereum and Solana leading in sales and buyer count, respectively.
Despite a minor weekly setback, the NFT market progresses strongly in November, with Ethereum and Solana leading in sales and buyer count, respectively.
Nubank enhances the crypto trading experience with a new feature allowing users to swap Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Uniswap (UNI) directly for USD Coin (USDC), simplifying the process while planning to add more token pairs soon.
A new Solana-based meme coin, DOGEN, is attracting significant investor attention with promises of 700% presale growth and potential 5,000% gains, while Solana’s native token SOL continues its impressive 23.58% weekly surge.
Solana (SOL) has been witnessing a bullish trend, potentially heading towards the $300 mark, fueled by a broader crypto market surge with Bitcoin hitting new records above $93,000. Technical patterns and strong market performance against Ethereum, alongside positive regulatory shifts and institutional interest, are shaping a promising outlook for SOL.
The NFT market has experienced a significant uptick with sales volume reaching $96.1 million, marking a 16.1% increase, while Bitcoin’s NFT ecosystem surprisingly overtakes Solana for second place following Trump’s election victory and crypto market rally.
Solana (SOL) has achieved a significant milestone by breaking through the $200 price level for the first time in seven months, marking an 8.69% daily gain amid broader crypto market enthusiasm following Trump’s election victory and the success of pro-crypto candidates.
Solana (SOL) has recently overtaken Binance Coin (BNB) to become the fourth-largest cryptocurrency by market capitalization, achieving new heights with an $88 billion market cap fueled by ETF speculation and record-breaking network activity.
Global NFT sales dropped to $88 million this week with a 7.07% decrease, while Solana showed strong growth with a 24% increase in trading volume, challenging Ethereum’s market dominance.
Phantom Wallet experienced service disruptions during the massive GRASS token airdrop on Solana, affecting millions of users while highlighting the blockchain’s improved stability despite unprecedented transaction volume.
Solana’s price has surged past $170, reaching a two-month high amid broader crypto market gains. Analysts predict potential further growth, with key resistance levels at $190 and $230.