After falling in the crypto winter of 2022, Solana has re-emerged in 2024 with significant increases in user activity and other aspects.
âšïž 2024 has been like the year of the phoenix for Solana (SOL). The cryptocurrency has managed to re-emerge since the crypto winter of 2022, achieving significant increases in user activity and other key aspects according to Logan Hitchcock at Decrypt.
âChewing glass is in our DNA and we will get through this together,â Solana co-founder Anatoly Yakovenko posted on X during the winter of 2022. With the price of its native token, SOL, up nearly 200% over the past year, Solana now ranks as the fifth-largest cryptocurrency by market cap as increased regulatory clarity and ETF speculation have Solana enthusiasts hoping for even more in the near future.
đŁ Once trading at just $8 after the FTX crash in late 2022, Solana has staged an extraordinary recovery, gaining over 275% this year and briefly hitting a new all-time high.
đ Dismissed by some as a victim of crypto winter, Solanaâs recovery shows the resilience of its ecosystem, which co-founder of layer-1 competitor Ethereum Vitalik Buterin once applauded.
đš Elon Musk rebrands as Kekius Maximus, adopts đž Pepe image on X: Here's why
Elon Musk changed his name on his social media platform X to âKekius Maximusâ and replaced his profile picture with a variation of Pepe the Frog, a meme character, ahead of the New Year.
The change has set off speculation about Muskâs possible involvement in the burgeoning cryptocurrency named after his new alias.
𩧠What is Kekius Maximus?
Kekius Maximus, often abbreviated as KEKIUS, is a cryptocurrency token operating on blockchain platforms such as Ethereum and Solana. It has quickly gained attention in the cryptocurrency space.
As of December 27, 2024, the token was trading at $0.005667, having experienced an extraordinary surge of nearly 500 per cent in just 24 hours. With a 24-hour trading volume exceeding $2.73 million, KEKIUS is gaining traction among investors and enthusiasts.
đžPepe the Frog: A controversial memeđž
The use of Pepe the Frog in Muskâs profile picture also carries layers of cultural significance. Created in 2005 by American artist Matt Furie for his comic series Boyâs Club, Pepe was initially an innocent character with the catchphrase âFeels good manâ. However, the characterâs evolution from a lighthearted meme into a symbol of controversy is well documented.
Pepe gained popularity on internet platforms like 4chan and Reddit in the early 2000s, with users creating countless variations such as âSad Pepeâ, âSmug Pepeâ, and âAngry Pepeâ. Celebrities like Katy Perry and Nicki Minaj embraced the meme, further catapulting it into the mainstream by 2015.
Happy New Year! So many blessings! Let's celebrate the New Year together on the first day of 2025! It's been 25 years in a flash, and I've been live streaming on Binance for 23 years. Grateful to have you all along the way! Thank you for listening. Hope the future gets better and better! #2025bullrun #2025性çćž
Happy New Year. Babies, Sister Bei loves you all. And thank you very much for the company of all the treasures. Because of you, Sister Bei has found a sense of existence. I love you $BTC $ETH $BNB #ćžćźAlphać ŹćžçŹŹ9æčéĄčçź #MicroStrategyćąæBTC #ćžćźMegadropSOLV #2025æŻçčćžä»·æ Œéąæ” #BTCæçżéŸćșŠćæ°é«
đȘ Bitcoin aims for $120,000 in January amid record stablecoin reserves on Binance đ¶ïž
đ€ The price of bitcoin may be gearing up for a rise to $120,000, bolstered by a new all-time high of stablecoin reserves on the cryptocurrency exchange Binance.
Driven by the upcoming inauguration of the elected President of the United States, Donald Trump, on January 20, BTC could reach a peak above $120,000 during January, according to Ryan Lee, chief analyst at Biget Research.
Bitcoin could see a local maximum above $120,000 before a potential correction driven by profit-taking, the analyst told Cointelegraph, adding that the new year could also bring a âJanuary effect,â characterized by renewed investments and optimism, although profit-taking from gains in 2024 could introduce corrections in the market, balancing bullish sentiment with caution.â
In 2025, we must become rich! Send 5000 red envelopes to boost morale! Everyone can leave a message in the comments saying they will become wealthy this year to get a chance at a BNB lucky red envelope! Wishing everyone a Happy New Year! May everything go well! May wealth flow in! #çșąć #çșąć ć€§æŽŸé #çșąć 𧧠$BNB
Yesterday it was mentioned that it reached the support level, and today it successfully rebounded.
Short-term holders' unrealized gains average +7.9%. Their average BTC purchase price is about 86,800 USD, reflecting that despite recent fluctuations, they remain confident in the market. Their average BTC purchase price is about 86,800 USD, reflecting that despite recent fluctuations, they remain confident in the market.
Good evening, brothers. There will be no market updates tonight, so everyone should relax a bit. I wish all our web3 brothers to see whatever they buy rise and whatever they start to earn in the coming year. 2025 will surely bring wealth.