Solana (SOL) is trading at $90.15 on Binance, marking a 0.66% increase in the last 24 hours. A significant 78.2% of Binance's Solana perpetual futures accounts are holding long positions, indicating bullish sentiment. However, several technical indicators suggest that the current price is at an elevated level.

Pump.fun has introduced the 'Diamond' algorithm to its referral reward program. It offers higher rewards for recommending tokens with large market capitalization, perpetual futures, and assets on chains other than Solana, aiming to boost user engagement. This operates alongside the existing 'Degens' algorithm.

The cryptocurrency market showed mixed trends, with Bitcoin and Ethereum experiencing slight gains. Bitcoin's dominance expanded, but a short-term wait-and-see attitude was observed as derivatives trading volume decreased. Most altcoins showed an upward trend.

Over the past 24 hours, the cryptocurrency market experienced liquidations totaling $152.55 million in leveraged positions, with long positions accounting for 70.55% of the total. Significant liquidations occurred across major assets, including Bitcoin and Ethereum.

A total of 5 coins set new all-time highs, while OUSG and FIUSD maintained their existing all-time highs. Additionally, 6 coins hit new all-time lows, with EXOD trading at its lowest point. The top 5 coins by market capitalization, including Bitcoin and Ethereum, are currently in a correction phase from their respective all-time highs.

Thorchain has completed the development for Monero integration. However, the swap has not started due to delays in node replacement caused by issues related to Solana and Base. Node replacement is essential for generating new keys for Monero, and the related issues are expected to be resolved by mid-November.

In the altcoin spot ETF market, ZEC recorded net inflows, while SOL, LINK, and HYPE experienced net outflows. Several other altcoin ETFs, including XRP, Dogecoin, and Avalanche, maintained a neutral trend.

ARK ETF has applied for a Tokenized Market Infrastructure ETF that provides indirect exposure to ETH and SOL. Grayscale emphasized Ethereum's market dominance, and there were also reports of whale wallets purchasing ETH. Meanwhile, MEXC Global received an order to prohibit remittances to U.S. financial institutions, and USDC purchases are now available through Samsung Wallet.

The cryptocurrency market showed mixed trends, with Bitcoin experiencing a slight decline while Ethereum saw an increase. Both Bitcoin and Ethereum's market shares grew, and a decrease in derivatives trading volume indicates short-term wait-and-see sentiment.

Ark Investment has filed with the SEC for a tokenized market infrastructure ETF that indirectly invests in Ethereum and Solana. This ETF will invest over 80% of its assets in companies within the tokenized market infrastructure sector, gaining indirect exposure through total return swaps without directly holding cryptocurrencies.

The 24-hour trading volume in the major meme coin market decreased by 11.1% compared to the previous day. However, the trading volume on the BNB Chain saw a significant increase of 135.6%. Solana and Robinhood chains were also included as major markets.

One address holds a $9.03 million short position in Solana, with the liquidation price set at $105, which is 16% higher than the current price. The unrealized loss is estimated to be around $80,000.

A SOL short position valued at $9.03M is nearing liquidation, currently 16% away from its $105 liquidation price. The position has an unrealized loss of approximately $80,000.

Solana's dollar margin long position ratio decreased by 3.17%p, while XRP and Ethereum also saw slight declines. The proportion of XRP long holdings accounts also decreased by 3.06%p. In coin margin, the long position ratios for XRP and Ethereum slightly increased.

On November 5th, DEX daily trading volume increased by 2.8% to $11.7 billion compared to the previous day. The most notable trading pair was Green Morning (GM/USDT), which surged by 4958%, with GM/USDT, RLUSD/USDS, and cbBTC/WETH ranking among the top trading volumes.

Circle has minted 250 million USDC on the Solana blockchain, as confirmed by Solscan data. The transaction was executed by Circle's official minting address and recorded by Whale Alert.

Reports suggest that Solana Foundation's validator delegation program has introduced a cap of 100 participants and a 12-month participation limit. However, these claims differ from the foundation's official announcements and require verification. The foundation's current dashboard shows 337 validators receiving delegations, with no mention of the reported restrictions.