The Solana price is trading at $129 with a positive bias as of 2:30 am EST. SOL has been sealed in a downtrend over the last week, with 12% weekly losses. Market participants are expecting a sustained uptrend for the smart contract token as it trades in a highly bullish chart pattern in a lower timeframe. Solana bulls seek a return to areas above $160 SOL has had an impressive run in 2024, posting more than 27% gains from the Jan. 1 opening of $101 to set a swing high at $210 on March 18. This was followed by a…

The Ethereum price is exchanging hands at $2,881 as of 5:30 a.m. EST, down 6.67% over the last 24 hours. ETH experienced a 14.5% drop from a high of $3,286 on April 29 to an intraday low of $2,817 during the early Asian trading hours on May 1. The flash downswing resulted in liquidations of more than $115,510 worth of ETH futures, which were leveraged bets on the price decrease, according to data from Coinglass. Of these liquidations, $97.4 million were leveraged ETH long positions, which were caught off guard on Ethereum’s drop below $1000. Total ETH liquidations. Source: Coinglass…

The Solana price is trading at $135 as of 7:30 am EST, down 0.5% over the last 24 hours. SOL has been on an uptrend since the start of 2023 and has risen 496% over the last 12 months. It has a market capitalization of $60.57 billion and is now positioned at #5 on the CoinMarketCap ranking. One of the reasons that makes SOL still a good buy in 2024 is the increased user activity on the layer 1 blockchain. According to data from nftpulse.org, daily active NFT users on Solana and Bitcoin have been increasing over the past…

The Brett price was trading at $0.04132 as of 4:30 am EST, down 16% over the last 24 hours. BTRETT rose as much as 150% over the last 24 hours before a drawdown to the current price. Brett is a new memecoin on the BASE layer 2 blockchain that aims to surpass the well-known PEPE in popularity. Despite this ambition, Brett has seen a 50% decline in value since reaching its all-time high of $0.08575. This downward trend reflects ongoing concerns among investors, further compounded by a general drawdown across the crypto market. BRETT’s market capitalization currently stands at a…

The Dogecoin price is trading at $0.1511 as of 2:30 am EST, up 0.07% over the last 24 hours. The price of the proof-of-work token has rallied 90% over the last 90 days and is up close to 60% year-to-date. Strong project on-chain data and an anticipated bull market in 2024 suggest that the layer 1 token could continue rising in the long term. On-chain data from IntoTheBlock shows that Dogecoin is among the cryptocurrencies with the highest holder profitability. In an April 24 post on X social media platform, the market intelligence firm shared the following chart showing that…