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Bitcoin price trades at $115,316 today, having gained 40% against gold since April. This situation has prompted fresh chatter about BTC catching up to gold’s $22.58 trillion market cap. Given Bitcoin’s current $2.3 trillion market cap, a leap to $22 trillion would be quite a feat, but if it did happen, what would the BTC
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The post Solana Network Gets Major Boost from Coinbase and Robinhood: SOL Price Bullish Reversal Ahead? appeared first on Coinpedia Fintech News
The wider altcoin market, led by Solana (SOL), continued with horizontal consolidation akin to Bitcoin (BTC) on Thursday, during the early North American trading session. The rising confidence in the Gold market, amid palpable fears of the U.S. stock market, has helped the wider crypto market gain significant bullish sentiment.
The Solana network received much-needed support from Robinhood Markets Inc. (NASDAQ: HOOD) and Coinbase Global Inc. (NASDAQ: COIN). In a bid to attract mainstream Solana users from DeFi projects, such as Raydium DEX, both Robinhood and Coinbase announced initiatives to incentivize.
On Thursday, Coinbase upgraded its Solana infrastructure to enable 5x faster block processing, 4x better RPC performance, and enhanced reliability for a smoother user experience.
Meanwhile, Robinhood announced a no-network fee for several Solana transactions until June 9, 2025.
Solana
Robinhood Gold
Great news, we now have:
No network fees for transfers on the Solana network on the Robinhood app, up to 10 transfers a month.
— Robinhood (@RobinhoodApp) April 17, 2025
After recording an impressive rally in the past two years, heavily influenced by mainstream adoption of its memecoins, SOL price has significantly convinced more investors of its long-term growth prospects.
According to market data from Binance, more than 71 percent of traders on the crypto exchange with open SOL positions are betting on an imminent bullish breakout.
In the weekly timeframe, Solana price has respected a rising logarithmic trend established since January 2023, thus signaling bullish sentiment. Most importantly, SOL price, against the U.S. dollar, has consistently closed above $126 in the past two weeks, amid ongoing trade war negotiations.
In the four-hour timeframe, SOL price has already broken out of several falling logarithmic trends established by YTD.
In the 1-hour time frame, SOL price has been forming a potential bearish sentiment, characterized by a major resistance level above $134 coupled with a bearish divergence of the Relative Strength Index (RSI). As a result, the SOL price may retest the support level around $123 before continuing with bullish sentiment towards its all-time high.
The post Solana Network Gets Major Boost from Coinbase and Robinhood: SOL Price Bullish Reversal Ahead? appeared first on Coinpedia Fintech News
The overall cash inflows to Solana DeFi products have gradually grown in the past few weeks. SOL price has consolidated between $123 and $134 in the past three weeks amid a growing bullish outlook. The wider altcoin market, led by Solana (SOL), continued with horizontal consolidation akin to Bitcoin (BTC) on Thursday, during the early …
The post Worldcoin Price Forecast: Can WLD Price Regain $2 In April? appeared first on Coinpedia Fintech News
Worldcoin (WLD) was one of the best-performing altcoins in the past two weeks, as Bitcoin (BTC) ‘s price rebounded above $93k. The mid-cap altcoin, with a fully diluted valuation of about $11.4 billion and a 24-hour average trading volume of around $323 million, gained more than 63 percent in the last two weeks to trade about $1.14 on Wednesday during the late North American trading session.
The rising demand for altcoins in the past few weeks has seen WLD’s Futures Open Interest surge by more than 2 percent in the last 24 hours to hover around $316 million at the time of this writing.
Since hitting its all-time high of above $10 in March 2024, WLD price has been trapped in a falling trend to date. Moreover, the WLD price, in the weekly timeframe, has formed lower highs and lower lows.
WLD price recently rebounded from the lower border of the falling trend and consequently broke out of a falling logarithmic trendline. The short-term bullish sentiment for WLD is backed by the daily MACD line that recently crossed the zero line for the first time YTD.
Additionally, the daily Relative Strength Index (RSI) surged above the 70 percent level for the first time YTD, thus suggesting that the WLD bulls are in control.
The Worldchain project has grown to more than 12 million unique humans and over 26 million users for the World App. The Worldcoin team has already distributed over 1.5k Orbs across over 169 countries around the world.
Coinbase will add support for Worldcoin (WLD) on the Optimism network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets
(@CoinbaseAssets) April 30, 2025
As a result of the continued growth, the WLD token has attracted significant attention from institutional investors. For instance, Coinbase Global Inc. (NASDAQ: COIN) plans to list WLD coins on the Optimism network in the near future.
The post Worldcoin Price Forecast: Can WLD Price Regain $2 In April? appeared first on Coinpedia Fintech News
Coinbase announced plans to list WLD coins on the Optimism network soon. WLD price has already broken out of a daily falling logarithmic trend amid rising demand for altcoins. Worldcoin (WLD) was one of the best-performing altcoins in the past two weeks, as Bitcoin (BTC) ‘s price rebounded above $93k. The mid-cap altcoin, with a …
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