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Solana sol-3.49%Solana traded at $173.62 on Sunday, May 25, 7.25% from its highest level this month. It remains up by 82% from its lowest level this year.  Third-party data shows that the Solana network and its ecosystem have done well in the past few weeks. The market cap of all meme coins on its ecosystem has risen to $14 billion from last month’s low of $6 billion.  Solana’s transactions and active addresses have continued rising. Its transactions have increased by 7.3% in the last seven days to 462.5 million, a figure higher than the biggest chains, combined. For example, BNB Chain had 80 million transactions, while Base, Tron, and Near Protocol had $64 million, 62 million, and 42 million, respectively.  Solana is also the most used blockchain network; its active addresses rose to over 34.7 million. In contrast, Base has 9.2 million, BNB has 7.8 million, while Ethereum has over 2.1 million addresses.  Solana is also a major player in the decentralized exchange industry, handling $22.7 billion worth of transactions in the last seven days and $97 billion in the last thirty days. Solana price technical analysis The daily chart shows the SOL price bottomed at $95.40 in April as concerns about its meme coins rose. It then rebounded to a high of $185 as other altcoins rallied.  Solana has formed a small double-top pattern at $184.53 and a neckline at $159.45. A double-top is a popular bearish reversal pattern.  On the positive side, the coin is about to form a golden cross pattern as the 50-day weighted moving average crosses the 200-day average. This pattern often leads to a strong bullish breakout.  Therefore, the most likely Solana price forecast is bullish as long as it moves above the resistance at $184.53. Such a move will see it rise to the psychological point at $200, which is slightly above the 50% retracement level. 

Shiba Inu $SHIB could be gearing up for a massive breakout, with technical analysts eyeing a potential 293% surge if it clears the crucial $0.00003000 resistance level. The meme coin is currently trading around $0.00001553, but growing momentum and on-chain data suggest a bullish reversal may be near. SHIB Targets $0.00008845: Can It Really 3X? Analysts like Shib Spain on X have mapped out a bullish chart pattern indicating a possible jump to $0.00008845 nearly 3x from current levels. The key lies in SHIB’s ability to break past $0.00003000, a major resistance that historically triggered selling pressure. If SHIB manages to close a weekly candle above that level, it could spark FOMO and attract swing traders looking for explosive gains. Rising trading volume and tightening trend lines are further fueling the breakout narrative. SHIB Burns Heat Up: Over 23M Tokens Gone in 24 Hours In a bullish twist, Shibburn reported over 23.7 million SHIB burned in just the past 24 hours—a 74.86% surge in daily burn volume. Although the total circulating supply remains massive at over 589 trillion, this uptick in burns reflects growing community support and long-term optimism. Meanwhile, SHIB's market cap rose to $9.15 billion, posting a 1.14% gain on the day and signaling revived investor interest in meme-based assets. Technicals Flash Green: MACD and RSI Fuel Breakout Buzz SHIB’s weekly MACD just crossed bullish for the first time since its 2023 rally, with the histogram now positive a classic signal that bulls are gaining control. The RSI stands at 58 and climbing. If it crosses 65, traders believe a sustained rally could follow. Moving averages are also aligning bullishly. A potential golden cross between the 50-week and 200-week MAs could be the next catalyst. Volume spikes during green candle weeks show aggressive accumulation at support levels. Path to $0.0001: What SHIB Needs to Deliver To reach the coveted $0.0001 milestone, SHIB must confirm a breakout above $0.00003000 with strong volume and follow-through. Whale activity, continued token burns, and broader crypto market momentum will also play key roles. As meme coin mania starts to build again, Shiba Inu could be on the verge of its next major move. If the technicals hold and social buzz returns, a new all-time high may not be far off.

Crypto prices rose this week as US stock indices like the Dow Jones, S&P 500, and the Russell 2000 dropped sharply. The US dollar index also had the worst performance since April, when Donald Trump announced his “reciprocal” tariffs. Bitcoin btc-1.71%Bitcoin jumped to a record high of $111,900, while the market capitalization of all altcoins excluding Bitcoin soared to $1.29 trillion, the highest point since February this year. The Dow Jones, which tracks 30 blue-chip companies, dropped to $41,340, down by 3.45% from its highest level this month. Other top blue-chip indices fell by over 1.2%, erasing billions of dollars in value. The US Dollar Index, which tracks the greenback’s performance against a basket of currencies, dropped to $99.10, moving into a technical correction. A correction happens when an asset’s price drops by 10% from a local top. Crypto prices outperform Bitcoin price outperformed U.S. stocks and the greenback because of its emerging role as a safe-haven asset as BlackRock predicted in this white paper. In it, the biggest asset manager in the world noted that gold was becoming a hedge against the soaring US public debt. Therefore, Bitcoin rose after Moody’s downgraded the US credit rating from Triple-A to a notch lower, citing the substantial debt. Moody’s joined the other two rating agencies, S&P Global and Fitch, which have also slashed their Triple-A rating. The sell-off of stocks and the US dollar continued after the House of Representatives voted for Donald Trump’s “Big Beautiful Bill,” which cuts over $4 trillion in taxes. The bill is estimated to increase the public debt by $4 trillion to $5 trillion over a decade, a concerning development as the national debt is approaching $37 trillion. crypto.news  Crypto Loans SearchSearchClose search  Bitcoin (BTC) $107,013.00-1.71% Bitcoin price  Ethereum (ETH) $2,507.21-1.81% Ethereum price  BNB (BNB) $663.11-1.56% BNB price  Solana (SOL) $170.27-3.31% Solana price  XRP (XRP) $2.28-2.81% XRP price  Shiba Inu (SHIB) $0.0000141-2.04% Shiba Inu price  Pepe (PEPE) $0.0000129-7.22% Pepe price  Bonk (BONK) $0.0000194-9.79% Bonk price  dogwifhat (WIF) $1.03-5.82% dogwifhat price  Popcat (POPCAT) $0.44-9.27% Popcat price  Bitcoin (BTC) $107,013.00-1.71% Bitcoin price  Ethereum (ETH) $2,507.21-1.81% Ethereum price  BNB (BNB) $663.11-1.56% BNB price  Solana (SOL) $170.27-3.31% Solana price  XRP (XRP) $2.28-2.81% XRP price  Shiba Inu (SHIB) $0.0000141-2.04% Shiba Inu price  Pepe (PEPE) $0.0000129-7.22% Pepe price  Bonk (BONK) $0.0000194-9.79% Bonk price  dogwifhat (WIF) $1.03-5.82% dogwifhat price  Popcat (POPCAT) $0.44-9.27% Popcat price Bitcoin harmful to the environment, or not? Opinions vary, truth is singular  By Alexey Borovets May 25, 2025 at 08:54 AM GMT+4  Edited by Anthony Patrick Feature  Share The level of Bitcoin mining energy consumption is on par with that of some countries. This statement is often mentioned as one of Bitcoin’s main drawbacks, as consumption takes its toll on the environment. However, Bitcoin advocates argue that things are not that simple, and in some ways, Bitcoin is an eco-friendly technology. How come, and who’s right? Proof-of-work The Bitcoin network is protected from spam attacks with a mechanism known as “proof-of-work.” The earliest installment of this algorithm was created by Cynthia Dwork and Moni Naor in 1993, long before Bitcoin’s emergence. The essence of this mechanism is the requirement to make calculations (do the “work”) in order to get permission to cast a transaction (originally, to send an email).  Transaction validation requires performing calculations to filter out bad actors. The network rewards them with bitcoins that haven’t been in circulation to incentivize validators. That’s how bitcoins are “mined;” that’s why the validation process is called “mining.” In the early days of Bitcoin, mining wasn’t demanding. Anyone could mine it using a regular PC. However, as the demand for Bitcoin grew, the mining difficulty increased, requiring more and more energy to complete the math tasks.  These days, mining operations have an industrial scale. Mining farms occupy extensive facilities of devices created for the only purpose–to crack Bitcoin puzzles at the highest speed possible (to solve the puzzle before the rest of the miners and get the reward). By 2018, the Bitcoin network’s energy consumption reached a level comparable to Nigeria and Denmark. Bitcoin’s environmental impact Bitcoin mining operations impact the environment in four main directions: Mining has a carbon print Mining consumes much water Mining consumes much electricity Mining creates electronic waste Based on all of these metrics, Bitcoin has a serious impact on the environment. These metrics indicate that Bitcoin consumes as much electricity and water and leaves as much harmful waste as in some countries.  While it may be hard to comprehend what it means when you read that Bitcoin consumes as much power as Poland, you may zoom in and see the equivalents of each Bitcoin transaction’s impact. It pictures a much more vivid picture. According to Digiconomist, one Bitcoin transaction consumes over 1,100 kW/h (as much as an average U.S. household in 38 days), consumes 17,500 liters of fresh water (as much as a backyard swimming pool), creates over 280 grams of electronic waste (more than 1.5 iPhones 12), while the carbon emissions amount to 620kgCO2 (as much as 1.3 million transactions of VISA or watching 11.7 years of videos on YouTube).  Statista provides similar estimations. More than that, gold mining is less harmful to the environment than BTC mining if we compare the amount of BTC and the amount of gold with the same value expressed in USD. Although no precise date is associated with these estimations, the articles seem to rely on data revealed in 2023 or earlier.  Tesla cited environmental impact as the reason for stopping support for Bitcoin payments in 2021, shortly after the launch of this option. Ethereum transitioned from proof-of-work to a greener proof-of-stake algorithm in 2022. Read more:Tesla to Halt Bitcoin Payments due to ‘Environmental Concerns’ Fossil fuels power most mining facilities. Various sources evaluate the use of fossil fuels to power Bitcoin mining at a range from 50 to 90 percent.  What Bitcoin advocates say… First, the Digital Assets Research Institute denies that the data and articles about Bitcoin’s environmental harm are correct. According to this study, flawed 2018 research suggesting the high environmental harm of Bitcoin was quoted thousands of times until 2024. Accurate articles amounted to only 2% of all pieces on the topic. DARI’s paper claims that 2022 was marked by a shift toward more rigorous coverage of Bitcoin’s environmental impact theme. As the environmental impact of mining is a serious problem, various mining operations began to look for ways to greener Bitcoin mining, and the search was successful. The 2020s initiatives saw companies using the excess power for Bitcoin mining instead of wasting this power and the resources spent on its production. Another way to make Bitcoin mining greener is to rely on renewable resources. For instance, Ethiopia is using its Grand Ethiopian Renaissance Dam for clean Bitcoin mining.  The 2024 studies show that, lately, Bitcoin mining has played a positive role in reducing CO2 emissions, becoming the straight opposite in terms of environmental impact.  Although some companies already boast they are carbon-neutral Bitcoin mining operations, most enterprises only admit to reducing energy consumption. As no institution that studies Bitcoin’s environmental impact has all the info about mining operations, we don’t have all the data regarding CO2 emissions associated with mining. We can’t say how much the pollution level dropped in the last couple of years. Pierre Rochard of Riot Platforms appeared in a video in which he meters the CO2 level in the mining facility using a special device. It drew some criticism as some users pointed out that the emissions are not coming from the mining devices but are associated with excessive electricity production. Dude, the CO2 concern is supposed to be related to energy generation to power the CPUs, not the CO2 emission of the CPU themselves. — Snake Sanders (@snake_sanders1) April 10, 2023 Another line of defense used by some Bitcoin advocates is comparing Bitcoin’s environmental impact to that of the banking system, indicating that bank transactions are not more eco-friendly than Bitcoin. This argument may have made sense if Bitcoin were to replace the banking system, but this is not happening. Who’s right? Although the Bitcoin mining industry is far from eco-friendly, various participants seek ways to make it greener or even reduce CO2 emissions through Bitcoin mining so that mining would have a negative carbon footprint. According to a recent report by MiCA Crypto Alliance, 70% of the Bitcoin network will be powered by sustainable energy by 2030. To conclude this, we may state that certain mining operations are green while others are not. However, an eco-friendly trend is on the rise. Read more:African crypto revolution continues as Ethiopia ranks among global BTC mining leaders btc-1.71%Bitcoineth-1.8%Ethereum Read more about bitcoin networkmediaMiningTesla Why crypto prices rose while the Dow Jones, US dollar index fell  By Crispus Nyaga May 24, 2025 at 11:00 PM GMT+4  Edited by Anthony Patrick Markets  Share Crypto prices rose this week as US stock indices like the Dow Jones, S&P 500, and the Russell 2000 dropped sharply. The US dollar index also had the worst performance since April, when Donald Trump announced his “reciprocal” tariffs. Bitcoin btc-1.71%Bitcoin jumped to a record high of $111,900, while the market capitalization of all altcoins excluding Bitcoin soared to $1.29 trillion, the highest point since February this year. The Dow Jones, which tracks 30 blue-chip companies, dropped to $41,340, down by 3.45% from its highest level this month. Other top blue-chip indices fell by over 1.2%, erasing billions of dollars in value. The US Dollar Index, which tracks the greenback’s performance against a basket of currencies, dropped to $99.10, moving into a technical correction. A correction happens when an asset’s price drops by 10% from a local top. You might also like:Chart of the week: Worldcoin and Hyperliquid could extend price rally Dow Jones, Bitcoin, US dollar index, and S&P 500 | Source: TradingView Crypto prices outperform Bitcoin price outperformed U.S. stocks and the greenback because of its emerging role as a safe-haven asset as BlackRock predicted in this white paper. In it, the biggest asset manager in the world noted that gold was becoming a hedge against the soaring US public debt. Therefore, Bitcoin rose after Moody’s downgraded the US credit rating from Triple-A to a notch lower, citing the substantial debt. Moody’s joined the other two rating agencies, S&P Global and Fitch, which have also slashed their Triple-A rating. The sell-off of stocks and the US dollar continued after the House of Representatives voted for Donald Trump’s “Big Beautiful Bill,” which cuts over $4 trillion in taxes. The bill is estimated to increase the public debt by $4 trillion to $5 trillion over a decade, a concerning development as the national debt is approaching $37 trillion. U.S. stocks dropped on Friday after Trump warned that the U.S. would implement a 50% tariff on European goods on June 1. The EU has warned that it will reciprocate, a move that will disrupt annual trade volumes worth over $1.7 trillion.  Analysts note that Bitcoin’s fundamentals are strong enough to withstand these concerns. For one, data shows that demand among institutions is rising, as supply continues falling this year. Bitcoin is also seen as digital gold, which may help it do well in the long term.

Paycoin is already widely used in South Korea, where over 10,000 establishments, such as 7-Eleven, Domino’s Pizza, and KFC, accept PCI as payment. With the new Mastercard, the team is now attempting to increase Paycoin’s worldwide presence, starting in Europe. $ZBCN The price of Paycoin rose 5.7% following the announcement, and its daily trading volume increased by 900% to $7.8 million, as per Coingecko data. With a market cap of $70 million, PCI is currently ranked 512th. The launch of Mastercard may be a turning point for adoption, even though it is still more than 98% below its peak.

Despite the overall crypto market reaching new heights, the NFT market has experienced a slight drop with sales volume dropping by 0.05% to $129.8 million. Bitcoin ( BTC ) has surged to the $108,000 level after hitting $111,000, a new ATH. At the same time, Ethereum ( ETH ) has shown a mild recovery to the $2,700 level in the last seven days and has now dropped to the $2,500 level. The global crypto market cap is now $3.42 trillion, up from last week’s $3.29 trillion. According to data from CryptoSlam , market participation has increased. NFT buyers grew by 61.18% to 443,548, and NFT sellers rose by 31.87% to 199,129. NFT transactions have also risen by 15.39% to 1,697,343. Ethereum maintains its dominant position with $29.6 million in sales. However, it has seen a 26.22% decline from the previous week and wash trading has decreased by 57.18% to $2 million. Avalanche ( AVAX ) has made a dramatic entrance into second place with $22.3 million in sales and has seen a surge of 202.92%. Polygon ( POL ) holds the third position with $21.3 million and has shown solid growth of 45.98%. Bitcoin has dropped to fourth place with $18.2 million. It has fallen 21.85% from last week. Mythos Chain rounds out the top five with $13.9 million. Immutable (IMX) appears in sixth with $8.6 million, while Solana ( SOL ) sits in seventh with $6.4 million, with a 26.36% drop. The buyer count has increased across most blockchains, with Avalanche leading at 79.08% growth. This is followed by Bitcoin at 72.98% and Solana at 71.09%. A major change has happened in collection rankings, with XSY Deposit on Avalanche taking the top spot at $22.1 million in sales. However, this collection appears to be dominated by a single buyer and seller. Courtyard on Polygon has moved to second place with $14.4 million and has rebounded with 23.23% growth. DMarket remains in third with $8.8 million, up 7.07%. Bitcoin’s BRC-20 NFTs have fallen to fourth place with $6 million, dropping 15.78%. Guild of Guardians Heroes holds fifth with $5.9 million. CryptoPunks has dropped to sixth place with $4.8 million in sales, with a 30.94% decline. The collection has seen decreases across all metrics including transactions (42.31%), buyers (37.84%), and sellers (45.24%). Read last week’s NFT performance from here . Notable high-value sales from this week include: