Singapore confirms near-ban on foreign-only digital token services
The Monetary Authority of Singapore has effectively banned most crypto firms from serving only foreign clients by requiring a license, which it says it will “generally not issue.”
Crypto King? Trump Rakes In $1 Billion In 9 Months
US President Donald Trump has seen a massive boost to his fortune thanks to crypto. His net worth is now pegged at about $5.6 billion. In just nine months, he has pulled in roughly $1.2 billion from tokens and memecoins. Based on reports, that haul translates to about $935 million after taxes. Related Reading: Metaplanet’s […]
ADA heads toward $5+, but this $0.003333 competitor could lead with stronger momentum
Cardano nears $5, but XYZ memecoin surges 30x to $0.0033 with $13m raised, eyeing major CEX listing soon. #partnercontent
Assessing Ethereum's struggles: Why ETH must hold THIS support
Ethereum clings to $2,392 support as exchange reserves hit multi-year lows, reducing selling pressure. Weak momentum and macro uncertainty threaten ETH's stability above key realized price leveThe post Assessing Ethereum's struggles: Why ETH must hold THIS support appeared first on AMBCrypto.
BlackRock Could File for XRP ETF. What Could It Mean for Approval Odds?
How could asset management behemoth BlackRock potentially shake up the XRP ETF race?
Bitcoin Battles Key Resistance – $106,600 Retest Could Confirm Trend Shift
Bitcoin is preparing for a decisive move as price action tightens near key resistance levels. After weeks of sideways movement and lower highs, bulls are now attempting to flip the script by reclaiming control and confirming the start of a new bullish phase. A successful breakout above short-term resistance could open the door for a […]
Spain Introduces Law to Acquire Crypto Exchanges’ Data, Seize Digital Assets
The directive, which is expected to be approved and implemented by January 2026, will enable authorities in Spain to exchange data on cryptocurrency assets held on international exchanges. Similarly, the Spanish tax agency will be able to seize these assets to collect payment for tax debts. Spain Introduces Law to Strengthen Cryptocurrency Tax Oversight Spain […]
Dubai real estate sales hit $18B in May amid tokenization push
Dubai’s property market hit $18.2 billion in sales in May alongside growing tokenization momentum, new regulations and a record $3 billion real estate blockchain deal.
Is $100K Bitcoin the Ceiling? Mike McGlone Thinks So
Gold is still shining brighter even after Bitcoin managed to surpass the $100,000 milestone
Tether overtakes Tron, DEXs with $432M in revenue - How and what next?
A comparison of revenue between stablecoin issuers, stablecoin transport layers, and trading infrastructure suggested Tether was in the lead. Tether is profiting from BTC and the $1 trillion The post Tether overtakes Tron, DEXs with $432M in revenue - How and what next? appeared first on AMBCrypto.
Bitcoin Core Reinforces Stance on Nonfinancial Transactions in Recent Statement
Bitcoin Core, the leading Bitcoin node software implementation, has published a statement on its policy regarding nonfinancial transactions. Over 30 collaborators signed the document, which highlights that, as a censorship-resistant system, “Bitcoin can and will be used for use cases not everyone agrees on.” Bitcoin Core Issues Final Statement on Nonfinancial Transactions Bitcoin Core, the […]
Injective sees 24% monthly gain, but traders, THIS could derail INJ's rally?
INJ has generated $0 in profit so far, yet it has recorded an increase in both active and returning users in the market. Chart analysis reveals a strong possibility of a price surge, as severalThe post Injective sees 24% monthly gain, but traders, THIS could derail INJ's rally? appeared first on AMBCrypto.
MEXC Launchpad Debuts With Discounted Bitcoin Subscriptions
The new launchpad platform by MEXC is designed to provide fair and transparent access to high-quality tokens. The inaugural event offers up to 90% bitcoin discounts for new users. MEXC’s New Launchpad Aims to Democratize Token Access MEXC, a global cryptocurrency exchange, has unveiled its new launchpad platform, aiming to democratize early-stage token investing by […]
Tether CEO snubs IPO, says $515B valuation is ’a bit bearish’
Tether’s CEO points to the company’s growing Bitcoin and gold treasury as a reason why a speculative $515 billion valuation might actually be “a bit bearish.”
Bitcoin is scarcer than ever! - Why BTC’s $100K mark is only step one
Bitcoin’s halving schedule reduces mining rewards, enhancing scarcity-driven value. How much supply is really left for the rest of the market? Bitcoin’s [BTC] edge over fiat isn’t justThe post Bitcoin is scarcer than ever! - Why BTC’s $100K mark is only step one appeared first on AMBCrypto.
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Popular chart analysis service TradingView contains a bug in the Fibonacci retracement technical analysis tool.
Michael Saylor’s Strategy ups Bitcoin bet with $1B stock offering
Michael Saylor’s Strategy has quadrupled its previously announced $250 million stock offering as a new funding avenue for its Bitcoin investments.
Moonbirds NFT sales surge after Yuga Labs sells IP
Orange Cap Games has acquired the IP rights to Moonbirds from Yuga Labs, driving the NFT collection’s biggest sales spike in months.
Why FIFA is building its own blockchain, and what it means for 5 billion fans
FIFA is launching its own layer-1 blockchain to take control of digital assets, ticketing and fan experiences, potentially transforming football for billions of global supporters.
Singapore confirms near-ban on foreign-only digital token services
The Monetary Authority of Singapore has effectively banned most crypto firms from serving only foreign clients by requiring a license, which it says it will “generally not issue.”
The secret map whales use to liquidate you (learn how to read it)
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin nears $105K as Donald Trump demands 'full point' Fed rate cut
Bitcoin manages to shake off a US nonfarm payrolls beat as Trump insists yet again that the Fed begins to cut interest rates — will Chair Jerome Powell listen?
Mass data deletion is a call to digital preservation action
When administrations erase or quietly remove public data sets, it’s not just bureaucratic housekeeping — it’s a threat to transparency, accountability and the collective memory of society.
How to earn passive income with peer-to-peer lending
In peer-to-peer crypto lending, knowing how to exit safely when rates fall or platforms falter is just as important as getting started.
Bitcoin rebounds to $105K, but is a 'bull trap' underway?
Market uncertainty grows as traders question leverage risks, custodian practices, and strategic reserve delays.
Price predictions 6/6: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK
Bitcoin’s sharp rebound off the $100,000 level shows a positive sentiment, but higher levels may attract sellers.
Has Bitcoin been captured by politics and institutions?
Bitcoin is now front and center at political conferences and corporate boardrooms. In this episode of Byte-Sized Insight, we're at Bitcoin 2025 exploring whether it has been captured, or simply arrived.
Tigran Gambaryan formally resigns from Binance following return to US
The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria.
Stablecoin legislation to drive Bitcoin market cycle in 2025: Finance Redefined
Bitcoin’s consolidation phase may break out into the next phase of price discovery, catalyzed by forthcoming US stablecoin rules.
Big Techs consider adopting stablecoins as GENIUS Act debate continues
The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case.
Crypto market structure hearing devolves into partisan claims
Allegations on the president’s ties to the crypto industry and claims of “Trump derangement syndrome” clouded attempts to reach an agreement on a market structure bill in Congress.
Arca unloads Circle shares after scathing IPO letter
Arca's chief investment officer, Jeff Dorman, previously said the investment company would stop doing business with Circle.
New Jersey gubernatorial race to be crypto’s next election test
Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor.
ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals
ETF issuers say abandoning the long-held first-to-file method stifles innovation and rewards lazy behavior on the part of filers.
Winklevoss' Gemini submits confidential IPO filing amid renewed investor confidence
Gemini’s November 2021 fundraise of $400 million valued the exchange at $7.1 billion, though it has had challenges since.
Reality show to pit Twitch streamers against each other to win 1 BTC
The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors.
TRUMP memecoin ‘hasn’t pumped’ after Eric Trump says WLF will buy big stack
The price of Official Trump coin briefly spiked 6% before pulling back, following Eric Trump saying the team "remain focused on building the most exciting MEME on earth."
‘Full porting Bitcoin’ could be Musk's Trump card in feud: Bitcoiners
JAN3 founder Samson Mow says Elon Musk should go all in on Bitcoin before “they freeze his fiat assets.”
Spot Ether ETFs 15-day inflow streak accumulates $837.5M inflows
The current streak of three consecutive trading weeks of inflows has accounted for approximately 25% of the total net inflows since the spot Ether ETFs launched in July 2024.
Trump touts memecoin as sentiment gauge as $520M unlock nears
Trump seems to recognize his official memecoin, down 85% from its all-time high, as a tool to measure public sentiment.
Singapore’s ousted crypto firms may not find shelter elsewhere
Singapore’s ousting of unlicensed firms was not a sudden move and it’s among several regions tightening licensing duties.
Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
After earning $3 million from NFT sales, Jonathan Mann watched it vanish in a crash, and now he’s turned the ordeal into a painfully honest crypto tax tune.
Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Is a Bitcoin price rally to $150K possible by year's end?
A bearish RSI divergence, similar to 2021, suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150K year-end target.
Bitcoin core devs' joint statement sparks heated debate among Bitcoiners
The Bitcoin community is divided after core developers released a joint statement on transaction relay policy and use cases amid the ongoing OP_Return debate.
Former Cardano COO Warns Against National Bias in US Crypto Reserve Strategy
The U.S. digital asset stockpile debate often leans toward prioritizing domestically developed cryptocurrencies, but Jerry Fragiskatos, former Cardano executive, cautions against this limited perspective. COO Warns Against Geographically Narrow Focus The discussion surrounding the United States’ digital asset stockpile often gravitates toward a natural instinct: favoring cryptocurrencies developed within its own borders. However, as Jerry […]
Dogecoin Price Suppression: Analyst Reveals Channel That’s Holding Price Back From Reaching $0.3
Dogecoin’s recent price movement has been characterized by a prolonged downtrend from $0.25 since late May. For most of the last seven days, Dogecoin hovered just above the $0.18 mark, unable to generate any meaningful upward movement. However, within the last 24 hours, the price dipped below this level, momentarily breaching support before rebounding off […]
Bitcoin Maximalism is Dead, Long Live Bitcoin Pragmatism
The Bitcoin of yesteryear is gone. In its place is a sprawling, sometimes absurd, sometimes inspiring ecosystem. Call it pragmatism. Call it growth. Just don’t call it maximalist. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. The […]
Bitcoin core devs' joint statement sparks heated debate among Bitcoiners
The Bitcoin community is divided after core developers released a joint statement on transaction relay policy and use cases amid the ongoing OP_Return debate.
Coinbase Makes Ending Account Freezing a Top Priority
Coinbase is tackling account freeze issues head-on with top-priority fixes, deploying smarter machine learning, in-app verification tools, and long-term safeguards to protect users. Coinbase Says Account Freezing Issue Down 82% Amid Internal System Overhaul Crypto exchange Coinbase (Nasdaq: COIN) addressed ongoing concerns about user account restrictions in a series of updates shared on June 6 […]
Stacks [STX] down 31% after Alex Protocol exploit - Details
Alex Protocol's exploit led to a loss of $8.3M, affecting Stacks ecosystem's confidence Alex Lab has promised full USDC reimbursement to affected users Stacks [STX] saw its price drop sharplThe post Stacks [STX] down 31% after Alex Protocol exploit - Details appeared first on AMBCrypto.
Ethereum Enters Strategic Pause: Will Accumulation Below Resistance Spark A Surge?
In a post shared on X by UniChartz, it was noted that Ethereum (ETH) has developed a well-defined bullish structure, characterized by a series of Higher Highs (HH) and Higher Lows (HL), a classic signal of upward momentum. However, after this upward move, ETH has now entered an accumulation phase just below a key resistance […]
SEC Urged to Stop Favoring Late Filers in Crypto ETF Race for Market Share
Top investment firms demand SEC reinstate filing-order rule to protect crypto ETF innovation and prevent market dominance by giants. SEC Urged to Restore First-to-File Rule as Big Firms Exploit System Shift Executives from asset management firms Vaneck, Canary Capital, and 21Shares issued a joint letter to U.S. Securities and Exchange Commission (SEC) Chairman Paul Atkins […]
Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years
Popular chart analysis service TradingView contains a bug in the Fibonacci retracement technical analysis tool.
Europe gears up to regulate DeFi in 2026 as MiCA leaves sector in limbo
Europe plans to regulate decentralized finance in 2026, as lawmakers still struggle to define decentralization under MiCA, an EU crypto policy expert said.
Michael Saylor’s Strategy ups Bitcoin bet with $1B stock offering
Michael Saylor’s Strategy has quadrupled its previously announced $250 million stock offering as a new funding avenue for its Bitcoin investments.
Moonbirds NFT sales surge after Yuga Labs sells IP
Orange Cap Games has acquired the IP rights to Moonbirds from Yuga Labs, driving the NFT collection’s biggest sales spike in months.
Why FIFA is building its own blockchain, and what it means for 5 billion fans
FIFA is launching its own layer-1 blockchain to take control of digital assets, ticketing and fan experiences, potentially transforming football for billions of global supporters.
Singapore confirms near-ban on foreign-only digital token services
The Monetary Authority of Singapore has effectively banned most crypto firms from serving only foreign clients by requiring a license, which it says it will “generally not issue.”
The secret map whales use to liquidate you (learn how to read it)
Bitcoin liquidation maps help track whale moves, predict price swings and stay safe from forced liquidations in volatile crypto markets.
Bitcoin nears $105K as Donald Trump demands 'full point' Fed rate cut
Bitcoin manages to shake off a US nonfarm payrolls beat as Trump insists yet again that the Fed begins to cut interest rates — will Chair Jerome Powell listen?
Mass data deletion is a call to digital preservation action
When administrations erase or quietly remove public data sets, it’s not just bureaucratic housekeeping — it’s a threat to transparency, accountability and the collective memory of society.
How to earn passive income with peer-to-peer lending
In peer-to-peer crypto lending, knowing how to exit safely when rates fall or platforms falter is just as important as getting started.
Bitcoin rebounds to $105K, but is a 'bull trap' underway?
Market uncertainty grows as traders question leverage risks, custodian practices, and strategic reserve delays.
Price predictions 6/6: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, HYPE, SUI, LINK
Bitcoin’s sharp rebound off the $100,000 level shows a positive sentiment, but higher levels may attract sellers.
Has Bitcoin been captured by politics and institutions?
Bitcoin is now front and center at political conferences and corporate boardrooms. In this episode of Byte-Sized Insight, we're at Bitcoin 2025 exploring whether it has been captured, or simply arrived.
Tigran Gambaryan formally resigns from Binance following return to US
The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria.
Stablecoin legislation to drive Bitcoin market cycle in 2025: Finance Redefined
Bitcoin’s consolidation phase may break out into the next phase of price discovery, catalyzed by forthcoming US stablecoin rules.
Big Techs consider adopting stablecoins as GENIUS Act debate continues
The market capitalization for stablecoins has risen 90% since Jan. 4, 2024, making stablecoins arguably crypto’s first mainstream use case.
Crypto market structure hearing devolves into partisan claims
Allegations on the president’s ties to the crypto industry and claims of “Trump derangement syndrome” clouded attempts to reach an agreement on a market structure bill in Congress.
Arca unloads Circle shares after scathing IPO letter
Arca's chief investment officer, Jeff Dorman, previously said the investment company would stop doing business with Circle.
New Jersey gubernatorial race to be crypto’s next election test
Digital asset industry advocates supported congressional candidates in Florida’s special elections in April, and now New Jersey prepares to elect its next governor.
ETF issuers pen letter urging SEC return to ‘first-to-file’ approvals
ETF issuers say abandoning the long-held first-to-file method stifles innovation and rewards lazy behavior on the part of filers.
Winklevoss' Gemini submits confidential IPO filing amid renewed investor confidence
Gemini’s November 2021 fundraise of $400 million valued the exchange at $7.1 billion, though it has had challenges since.
Reality show to pit Twitch streamers against each other to win 1 BTC
The series’ website issued a notice in May warning of a “fraudulent cryptocurrency scheme” using its branding to lure investors.
TRUMP memecoin ‘hasn’t pumped’ after Eric Trump says WLF will buy big stack
The price of Official Trump coin briefly spiked 6% before pulling back, following Eric Trump saying the team "remain focused on building the most exciting MEME on earth."
‘Full porting Bitcoin’ could be Musk's Trump card in feud: Bitcoiners
JAN3 founder Samson Mow says Elon Musk should go all in on Bitcoin before “they freeze his fiat assets.”
Spot Ether ETFs 15-day inflow streak accumulates $837.5M inflows
The current streak of three consecutive trading weeks of inflows has accounted for approximately 25% of the total net inflows since the spot Ether ETFs launched in July 2024.
Trump touts memecoin as sentiment gauge as $520M unlock nears
Trump seems to recognize his official memecoin, down 85% from its all-time high, as a tool to measure public sentiment.
Singapore’s ousted crypto firms may not find shelter elsewhere
Singapore’s ousting of unlicensed firms was not a sudden move and it’s among several regions tightening licensing duties.
Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
After earning $3 million from NFT sales, Jonathan Mann watched it vanish in a crash, and now he’s turned the ordeal into a painfully honest crypto tax tune.
Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process.
Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Is a Bitcoin price rally to $150K possible by year's end?
A bearish RSI divergence, similar to 2021, suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150K year-end target.
XRP Has Privileged Role on XRPL, Ripple CTO Explains Key Advantages
Ripple’s CTO confirms XRP’s unmatched role at the heart of the XRPL, driving liquidity, enabling seamless DeFi, and maintaining core functionality no other asset can rival. XRP’s Unique Value in XRPL Clarified by Ripple CTO as Ecosystem Diversifies Ripple chief technology officer David Schwartz shared detailed insights about XRP and the XRP Ledger (XRPL) on […]
Risk appetite migrates to stocks as Bitcoin braces itself – Here’s why that matters
Global liquidity turned negative again with Bitcoin underperforming major U.S stocks for the past 2 weeks Bitcoin outperformed during the tariff drama, but stalled on the charts soon after CThe post Risk appetite migrates to stocks as Bitcoin braces itself – Here’s why that matters appeared first on AMBCrypto.
Asset Managers Push SEC To Revive ‘First-To-File’ Principle – Details
Asset managers VanEck, 21Shares and Canary Capital have jointly approached the US Securities and Exchange Commission (SEC) seeking for a reinstatement of the first-to-file principle i.e. a regulatory approach that ensures exchange-traded products (ETP) applications are reviewed and approved in the order they are submitted. The trio of prominent investment firms claims that the Commission’s […]
Tim Draper: $250K Bitcoin Coming in 2025, May Go ‘Infinite’ Against Dollar
Bitcoin is primed for a breakout as Tim Draper reaffirms his bold $250K target, citing accelerating institutional adoption, regulatory clarity, and powerful blockchain innovations. Tim Draper Reaffirms $250K Bitcoin Target Amid Institutional Surge and Regulatory Clarity Venture capitalist Tim Draper reiterated his long-held price target for bitcoin on social media platform X on June 4, […]
Singapore’s ousted crypto firms may not find shelter elsewhere
Singapore’s ousting of unlicensed firms was not a sudden move and it’s among several regions tightening licensing duties.
Musician made $3M selling NFTs and lost it all to taxes and a crypto crash
After earning $3 million from NFT sales, Jonathan Mann watched it vanish in a crash, and now he’s turned the ordeal into a painfully honest crypto tax tune.
Bitcoin DeFi platform Alex Protocol loses $8.3M to exploit
Alex Lab Foundation said it will fully reimburse users affected by the $8.3 million exploit, with compensation issued in USDC following a structured claims process.
Is a Bitcoin price rally to $150K possible by year's end?
A bearish RSI divergence, similar to 2021, suggests Bitcoin could face a 50%+ correction toward $64,000, challenging the $150K year-end target.
Solana Price Gears Up For Breakout After Volatility Squeeze
Solana (SOL) is showing signs of a potential breakout on the 15-minute chart, as price action contracts into a tighter range. This volatility squeeze precedes a significant move, with market participants awaiting confirmation of direction. The consolidation phase has formed a recognizable breakout structure, with highs and lows converging, suggesting that pressure is building beneath […]
Trump Media Submits SEC Filing to Register up to $12B for Bitcoin Reserve
Trump Media is targeting up to $12 billion in capital through a sweeping SEC filing, accelerating its bitcoin acquisition strategy and positioning for massive crypto-fueled expansion. Trump Media Seeks SEC Approval to Raise up to $12 Billion to Advance Bitcoin Holdings Trump Media & Technology Group Corp. (Nasdaq, NYSE Texas: DJT), founded and majority-owned by […]
Future-Proof Your Portfolio: 3 Best Cryptos to Hold Long-Term
Underlying blockchain technologies are transforming finance, governance, supply chains, and digital identity. As the focus shifts from short-term gains to long-term value, identifying digital assets with real-world utility, technical strength, and scalability becomes critical. In this race, Qubetics is becoming more relevant with each passing day. It’s a blockchain ecosystem anchored by AI-driven development tools. [...] The post Future-Proof Your Portfolio: 3 Best Cryptos to Hold Long-Term appeared first on Blockonomi.
Circle’s success fuels Gemini’s IPO move as 'crypto firms can’t wait!'
Gemini goes down the IPO route, amid rising crypto market optimism IPO filing a sign of growing Wall Street interest in digital assets In a notable shift within the stablecoin and crypto marThe post Circle’s success fuels Gemini’s IPO move as 'crypto firms can’t wait!' appeared first on AMBCrypto.
Former CFTC Chair Pushes Congress for Fast-Track Crypto Rules Before Chaos Hits
U.S. lawmakers are being pushed to act fast as calls intensify for a clear crypto regulatory framework that protects investors, fuels innovation, and reduces systemic risk. Former CFTC Chair Urges Swift Congressional Action on Crypto Oversight Former U.S. Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam testified on June 4 before the House Committee on […]
On-Chain Data Signals Bitcoin Correction Ahead: Here Are 2 Levels To Watch
Bitcoin has returned above $104,000 following a rather turbulent trading week. As a matter over a GOP tax bill morphed into a major fallout between US President Donald Trump and the world’s richest man Elon Musk, the crypto market experienced significant levels of outflows with Bitcoin prices dipping as low as $101,000 on Thursday. While […]
WBTC Delisting Fight Ends: Bit Global Drops Case Against Coinbase
Bit Global has officially dropped its $1 billion lawsuit against Coinbase, with both firms agreeing to dismiss the case with prejudice, according to a joint court filing submitted Friday. Antitrust Accusation Dropped The joint stipulation, filed in the U.S. District Court for the Northern District of California, confirms that the dispute between Bit Global Digital […]
Chart of the week: Solana indicators point north, bulls test $165 target
Solana rallied nearly 5% on Friday, down nearly 10% in the past week. The Ethereum competitor is likely to rally towards its $165 target, a 13% rally within the next week. While Ethereum draws the interest of institutional investors, Solana is competing through partnerships and decentralized applications on the blockchain.