Crypto Markets Erupt: Solana and HBAR Lead a Green Parade as Bitcoin Blows Past $100K 🚀

Once, beneath long months of market lethargy and rumor—brooding like autumn fog upon a Russian plain—one almost believed the days of motion in cryptos were over. Yet, yesterday, as the clocks chimed, a feverish whisper swept through parlors and telegram channels alike: Bitcoin has breached the sum of one hundred thousand dollars. Such a threshold! Such a sum! The hodlers—those long-suffering souls—could be seen clutching their ledgers and muttering blessings for their perseverance. The traders? Well, they cackled in the streets, frightening children and stray Shiba Inus.

And so the collective purse of the crypto world swelled to an imposing $3.14 trillion, as if the ghost of Newton himself had calculated this new movement, and the market—true to its nature—responded within a single rotation of the earth. Five percent in a day, and not a bear to be found except perhaps in some antique wardrobe.

Even Ethereum, lately languishing and struggling for relevance like a faded poet at a Moscow soiree, found itself once more above $2,000. The improvement is modest, like a Turgenev protagonist rising from the chaise lounge to open a window, but still—it is something.

But the true spectacle, the spectacle to fracture monocles at a thousand dachas, is in the altcoins. Solana! What a zeal! Rising ten percent in a mere day—one would suspect it had discovered vodka. Now, it sits above $160, its market cap breathless at $83 billion, trading volume surging like a provincial governor’s bill at the club. The influx is clearly not just the work of petty bourgeois day-traders but the so-called “institutions”: those gentlemen in ill-fitting suits who, until yesterday, heaped scorn upon the peasantry of crypto.
Solana's price run

Not to be outdone, Hedera’s HBAR—usually silent, contemplative, gazing into the middle distance—has thundered forward, leaping above ten percent, pausing only to adjust its cravat at $0.19.

The volume for HBAR nearly doubled in the night, pushing over $212 million, while the market cap touched $8 billion. A mere trifle to some, but mighty enough to startle the local magistrate’s cat.

It has been some time—some long, wearisome, interminable time—since so much green dazzled the eye upon a chart. The mood? Changed utterly. Bitcoin’s new summit may be but a prelude. Should this pace endure, then we are not merely speaking of recovery, but of something altogether grander: a season as bullish and unrestrained as springtime in St. Petersburg.

2025-05-08 21:10

Read More