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Solana (SOL), one of the pioneers of the 2024 bull market, suffered a sharp decline in response to the Fed's aggressive stance on inflation and a smaller interest rate cut in 2025.

The market value of this digital currency decreased by 12.5 billion dollars in 24 hours and reached 87.4 billion dollars. However, analysts believe that according to the RSI index, which is close to the oversold range, there is a possibility of the price returning and rising to the resistance of $208.

Michael van de Poppe (Michaël van de Poppe), a prominent digital currency analyst, predicted that Bitcoin could reach $500,000 in this cycle. He announced to his 753,500 followers on Platform X that Bitcoin's rainbow chart shows this possibility. At the time of writing, Bitcoin is trading at $105,865 and recently hit a new record high of $107,822.

Van de Pope also believes that the altcoin market is ready for its next wave. He recommends that investors stay in their positions to maximize their returns. He emphasizes that most altcoins are still in accumulation territory in their currency pairs with Bitcoin, which is a positive sign for the next big move.

CryptoQuant analysts: Ethereum price could reach above $5,000

According to the weekly report of the analytical platform CryptoQuant, the Ethereum network is witnessing renewed demand growth and increased activity.

The indicators of this analytical company show that if the dynamics of supply and demand continue, the price of the second largest digital currency in the market will reach above $5,000. Currently, the price of Ethereum is $3,900.

Ethereum exchange-traded fund (ETF) holdings hit a new record high of 3.41 million coins, indicating investor confidence, according to CryptoQuant analysts. Also, the dynamics of the supply sector are also positive and the amount of ether burning has increased from 80 units at the end of August to 2,700 units now.

Also, network activity has increased and daily transactions have reached 6.5 to 7.5 million. Analysts believe that more network activity leads to more ether burning and a positive effect on the price.

Donald Trump, the president-elect of the United States of America, has given a short but important news about digital currencies.

He said that he is going to do something important in the future in the field of digital currencies, but did not explain what exactly he wants to do.

This news is important for the digital currency market, because Trump has already shown that he supports digital currencies and now that he is the president, he can change the rules in favor of this market, but we have to wait and see what he means by big deal.

Renowned cryptocurrency analyst PlanB, known for using the S2F model on Bitcoin, has released its price forecast for the cryptocurrency this month.

In an interview with Scott Melker, a well-known trader, he stated that Bitcoin could rise to $150,000 in December before the start of the new year, which is more than 53% growth from its current value. .

Plan B believes that the historical pattern of 3 years of bear market and one year of sharp rise is repeating itself. He also predicted that Bitcoin may continue to hit new highs until at least June next year.

Pay attention to these 3 popular digital currencies! Freeing $740 million in tokens this week

Aptos (APT), Starknet (STRK) and SEI (SEI) projects have announced plans for a massive release of their locked tokens next week. Aptus will reportedly release 11.31 million APT tokens to community members, core contributors, and investors on December 11.

Also, Starknet and C will release 64 million and 55.56 million tokens on December 15, respectively. In total, the value of tokens released next week, which also includes other projects such as Cardano (ADA), Etna (ENA), and Axi Infinity (AXS), will exceed $740 million.

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🔸 Gautam Chhugani, director of Bernstein, says that given that the price of Ethereum (ETH) has not risen much recently, now could be a good opportunity to invest.

🔸 He is optimistic about Ethereum, because the total number of Ethereums has remained almost constant, which means that there is no inflation in it. Also, about 28% of all ethereums are staked and it gives investors 3% profit every year. In addition, Ethereum exchange-traded funds (ETFs) will also provide staking profits to investors soon.

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Chang Peng Zhao, the former CEO of the digital currency exchange Binance, has indicated his desire to receive a pardon from Donald Trump, the president-elect of the United States. In a post on the X social network, Zhao said that although he does not intend to return to the position of CEO of Binance, he welcomes such a move by the president.

He also expressed his willingness to support Trump's pro-digital currency initiatives. These statements came after John Lilic, the director of the Telos protocol, publicly asked Trump to pardon CZ. Lilik believes that Zhao's return to the leadership of Binance can accelerate the growth and maturity of the digital currency sector.

Zhao resigned as CEO of Binance in November 2023 after pleading guilty to money laundering charges in the United States and serving a four-month prison term.

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Ripple overtook BNB to become the fifth largest digital currency by market capitalization. The market value of the XRP token has reached $109 billion today, which is the highest figure in more than three years. This digital currency grew by more than 230% in November.

Donald Trump's election victory and his promise for legal transparency have created significant institutional interest in this token. The resignation of Gary Gensler, the head of the US Securities and Exchange Commission, has created optimism for Ripple's exit from the commission's microscope.

🔸 Large institutional investors such as Wisdomtree have taken steps to launch Ripple exchange-traded funds. A possible Trump administration could provide a favorable regulatory environment for digital currencies, including Ripple, in 2025.

According to a recent CCData report, the global stablecoin market value reached a record $190 billion in November, surpassing the previous record of $188 billion in April 2022.

The sector experienced a strong growth of 9.94% from October, which was the highest monthly increase since November 2021.

Tether (USDT) rose 10.5% to $133 billion, accounting for 69.9% of the total market. USDC also reached 38.9 billion dollars with a growth of 12.1%.

The trading volume of stablecoins in centralized exchanges reached 1.81 trillion dollars with an increase of 77.5% compared to the previous month.

Analysts attribute this rise to greater confidence in stablecoins as reliable assets for trading and hedging in the volatile cryptocurrency market.

The data on the net change in the supply position of long-term holders shows that after accumulating Bitcoin from May to August 2024 (May to August 1403), Bitcoin holders began selling their holdings in late September. This change in position shows that long-term holders were net sellers from March to May (March 1402 to May 1403).

The subsequent accumulation phase may have helped to increase the price by reducing the market supply. The recent selling of Bitcoin by holders shows that they are now storing profits. Additionally, the market value to realized value ratio (MVRV) has entered the frenzy zone historically associated with overbought markets.

Periods where the MVRV ratio exceeds the upper limit often precede price corrections. The current ratio indicates high speculative activity and potential risk of price correction.

Dan Tapiero, an investor and supporter of digital currencies, believes that the emergence of thousands of new memecoins will pave the way for the adoption of blockchain in traditional finance. In a conversation on the Crypto Banter YouTube channel, he stated that by testing blockchains like Solana, Mimcoins will address their weaknesses before traditional financial institutions enter.

Tapiro says Solana has shown that it can handle an unlimited amount of activity, and this readiness is necessary to move hundreds of trillions of dollars from the traditional financial system to the blockchain. He believes that the increase in the number of memecoin transactions is a test to show the efficiency of this infrastructure to the old world. Tapiro recently predicted that Ethereum will reach $8,000 in the next year.

After three years of waiting, Solana (SOL) finally set a new price record by crossing $260.

Solana, which fell to $8 in 2022, has now increased its annual return to 386% with an 11% growth in the last 24 hours, 23% in the last seven days and 55% in 30 days.

This significant growth occurred after the victory of Donald Trump in the US presidential election and the news of the resignation of Gary Gensler, the head of the US Securities and Exchange Commission (ٍSEC).

With the increase in the price of Bitcoin (BTC), Satoshi Nakamoto (Satoshi Nakamoto) has been ranked as the 18th richest person in the world with about 1 million Bitcoins and a fortune of 96 billion dollars. The number of million dollar Bitcoin wallets has grown by 60% and with the arrival of new stablecoins, the price of Bitcoin is expected to increase to $135,000. Part of this upward trend is attributed to Donald Trump's pro-digital currency policies.

Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, backed Michael Silver's prediction a month ago that Bitcoin would be worth $13 million by 2045. In a tweet, Kiyosaki confirmed the $13 million Bitcoin prediction, stating that an investment of $9,000 in Bitcoin at the current price could lead to millions of dollars in profits. Although Kiyosaki's calculations were not precise, the principle of his proposition is significant for long-term investors.
He sees this strategy as better than taking out a $50,000 student loan for an MBA. It should be mentioned that Bitcoin had a remarkable performance in 2024 and grew by 114.5%. Its price has recently reached close to $94,000, indicating that reaching $100,000 by the end of the year is not far off.

Bluntz, a well-known cryptocurrency trader and analyst, has mapped out the possible price path for Dogecoin to reach a new all-time high. He said on Platform X that Dogecoin is ready for a new wave of price rise after registering a local floor of around $0.339. The analyst shared a chart showing that Dodge could climb to a new all-time high of $0.85. Blunts believes this week will be Dogecoin's week and predicts that the digital currency will slowly climb over the coming days, setting the stage for a massive bullish breakout later in the week. He uses Elliott Wave Theory which tries to predict future price movements based on collective psychology.

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According to market data, memecoins have had an average return of 103% in the past 30 days, which is 6 times higher than the average of 16.1% in the digital currency market. Dogecoin (DOGE) and Pepe (PEPE) have increased the most with a growth of 196.1% and 115%. BONK and BRETT have also grown by 70.2% and 63.5%, respectively. Side currency currencies related to the US elections, such as MAGA, have fallen 72%. According to reports, memecoins have attracted 24% of investor attention. Digital currencies such as Dash (DASH), Litecoin (LTC) and Monero (XMR) have grown by 48%. Tokens of first generation blockchains such as Cardano and Ethereum Classic have also increased by 47%. Smart contract platforms such as Solana and Sway have grown by an average of 24.3%. Oracles, Decentralized Futures Exchanges, Centralized Exchanges and Defy have outperformed the market average. Artificial and social intelligence sectors have decreased by 1.6% and 4.6%, respectively.

A well-known cryptocurrency analyst named Rekt Capital has announced that Bitcoin is experiencing one of the longest periods of re-accumulation in its history. In a YouTube video to his 93,400 followers, he explained that Bitcoin experienced four consecutive weeks of record-breaking highs in its 2021 bull run, compared to eight weeks in 2017 and about six weeks in 2013. drew He predicted that if Bitcoin repeats the same trend as in 2020, it could reach $96,500 by the end of the year. At the time of writing, Bitcoin is trading at $87,865 and recently reached an all-time high of over $89,900.

Robert Kiyosaki, author of the best-selling book Rich Dad Poor Dad, believes that the great crash he predicted has begun and investors can take advantage of this opportunity to increase their wealth. He wrote in a tweet that silver is trading at the current price of $30, about 50% below its historical high, and it can be a good opportunity for investment. Kiyosaki also predicted that the price of Bitcoin (BTC) will reach $500,000 by 2025.

The price of Bitcoin (BTC) reached a new record high of $76,000 after crossing the previous historical high. Also, the market value of Bitcoin has reached 1.49 trillion dollars and is very close to reaching 1.5 trillion dollars. Analysts see the $80,000 resistance as an important price level to see how Bitcoin will react.