Cryptocurrencies Price Prediction: Ethereum, Solana & Bitcoin — Asian Wrap 08 May

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Cryptocurrencies Price Prediction: Ethereum, Solana & Bitcoin — Asian Wrap 08 May
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Ethereum is hinting at a resumption of a sideways movement on Tuesday after seeing inflows for the first time in seven weeks.

Ethereum resume sideways move as Grayscale files to withdraw Ethereum futures ETF application with the SEC Grayscale withdrew its application for an Ethereum futures ETF, and the Securities & Exchange Commission’s Chair Gary Gensler has also called most crypto assets securities following a Wells Notice targeted at ETH-related firms.

Solana FireDancer validator launches documentation website, SOL price holds 23% weekly gains Solana network has been sensational since the fourth quarter of 2023, making headlines with a series of successful meme coin launches that outperformed their peers. The network’s allure grew when it stood side by side against Ethereum in terms of transaction speed, scalability, transaction fees, ecosystem growth, and developer-friendly environment, with Solana blockchain thrashing Ethereum.

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