Near Protocol, Solana, and Phantom: Leading the Crypto Renaissance

The cryptocurrency market has experienced stability and growth as Bitcoin trades sideways after a significant rally in 2023. Analysts are focusing on the importance of this period of consolidation, with anticipation mounting over the potential approval of a Bitcoin spot ETF, rumored to be announced around the Christmas-New Year period.

Timeline of Near-protocol, Solana

Solana prices have shown some serious strength lately, rallying to their highest level since April 2022 as the network benefits from substantial activity and strong interest in memecoins.

Solana (SOL) is flying high at the moment, and from all indications, the crypto token has no intention of slowing down anytime soon as it eyes $100. This is no doubt feasible, considering the several bullish narratives that continue to build up in the Solana ecosystem.

Solana's cryptocurrency, SOL, which experienced a 94% decline in 2022, has reportedly made a comeback, attracting the attention of digital asset investors. The SOL token has surged in price by almost 800% since December 2022, Bloomberg reported Thursday (Dec. 21).

Trezor, a prominent web3 hardware wallet manufacturer, has expanded its token support, now accommodating SOL and Solana Program Library (SPL) tokens. This addition enhances the functionality of Trezor's hardware wallets, the Model T and Safe 3, as announced on the social media platform X.

NEAR/USDT chart and technical analysis The price of NEAR/USDT is approaching a major resistance and supply area of $3.50. The price has recovered about 70% in the last 3 days and this could be the perfect opportunity to cash on a potential retrace.

In a surprising twist, the Solana token (SOL) has left the cryptocurrency market in awe with an astounding surge of over $4.8 billion in the past 24 hours. This surge has propelled Solana's market capitalization beyond the impressive milestone of $37 billion.

As the end of 2023 draws closer and optimism returns to the cryptocurrency industry, some of its assets have recorded more impressive results than others, both recently and since the year's start, including Solana (SOL), which has increased its price by over 780% this year.

Web3 wallet manufacturer Trezor has expanded its scope of offerings, now supporting Solana (SOL) and Solana Program Library (SPL) tokens. That comes as Solana witnesses increased interest from crypto players. The announcement revealed that Trezor wallets, Model T and Safe 3, are now compatible with these Solana tokens.

Trezor Wallet, a leading Web3.0 hardware wallet has announced its support for Solana (SOL) and tokens designed using the Solana Program Library (SPL) on its platform. Strategic SOL and SPL Token Integration SOL is the native token of the Solana blockchain while SPL is the token standard on designed for the ecosystem, similar to Ethereum's

In the past 24 hours, the cryptocurrency market witnessed a roller-coaster-like movement, impacting both bearish and bullish traders. According to CoinGlass data, a total of $122.83 million in liquidated positions shook the market, with 66% being long positions and the remaining 34% representing shorts.