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The Solana price dropped 3% in the past 24 hours to trade at $234.57 as of 02:32 a.m. EST on trading volume that plunged 44% to $5 billion. This retracement in the SOL price comes as the Cboe BZX exchange refiled 19b-4 filings for spot Solana ETFs (exchange-traded funds) from Bitwise, VanEck, 21Shares, and Canary Capital after the US Securities and Exchange Commission (SEC) reportedly rejected the applications last year. UPDATE: @CBOE just re-filed all of their Solana ETF 19b-4s for @vaneck_us, @CanaryFunds, @BitwiseInvest & @21Shares pic.twitter.com/CUogAWBl6u — James Seyffart (@JSeyff) January 28, 2025 Solana Price Indicators Show A Price Correction The 4-hour chart Analysis shows that Solana experienced a strong rally in mid-January, reaching an all-time high of $293.31, according to Coingecko data.  However, since then, SOL has retraced, forming a falling wedge pattern, which is typically characterized by lower highs and lower lows. Currently, SOL is tradin...

Popular YouTuber Cilinix Crypto shares an update on the Pepe Unchained presale, which will conclude in 16 days. The Pepe Unchained presale is ongoing and has surpassed the $52 million mark, reflecting growing investor confidence and interest. The project is building a Layer 2 blockchain around the Pepe theme, designed to be an Ethereum-based EVM chain. The ecosystem will bridge between Ethereum and the Pepe chain, offering low transaction fees and high volume capacity. While the product itself is still in development, the project has already showcased its ambitions, including the creation of a decentralized exchange (DEX), a bridge, and a block explorer. These developments suggest that Pepe Unchained is aiming to create a functional ecosystem, which is essential for its long-term success. The project has also introduced initiatives like “Friends with Benefits,” a program that funds ecosystem development, ensuring a more solid project foundation. Furthermore, the team ha...

The Immutable X price pumped over 10% in the last 24 hours to trade at $1.25 as of 11:45 p.m. EST as investors increase their portfolios’ exposure to the altcoin. With this latest gain, the IMX price is also up more than 7% on the weekly time frame. Its monthly performance, however, remains in the red zone. The Immutable X Price Manages To Overcome Major Resistance  4-hour chart for IMX/USD (Source: GeckoTerminal ) The Immutable X price was able to break above the major resistance level at $1.2290 in the past 24 hours. Shortly after breaching this point, the crypto’s price started to level off. This could be due to traders realizing their profits from the recent surge in IMX. Should the Immutable X price maintain a position above $1.2290 for the next 12 hours, the altcoin could have the technical foundation needed to keep climbing in the short term. Bulls might subsequently look to push IMX up to as high as $1.3785. However, the Immutable X price closing a 4-ho...

Solana (SOL) has analysts and traders discussing its increased on-chain activities. The project recently surpassed Ethereum scaling solutions like Polygon (MATIC) and Optimism (OP) in transactional volume . SOL’s feat may herald a new era as investors look forward to positional growth. InQubeta (QUBE), a crypto AI project, draws the attention of whales with its distinct tokenomics.  The InQubeta presale has been successful thus far. The project’s allure lies in its AI investment model, which allows prospects to access potent projects. The project merges blockchain technology and artificial intelligence (AI) through non-fungible tokens (NFTs).  InQubeta rivals conventional investments using AI InQubeta offers investors the opportunity to participate in the growth of AI startups through NFTs.  Its crowdfunding model provides budget-friendly investment options, further enhancing its appeal to more investors. You might also like: Ethereum gas fe...