Cryptocurrency News
Solana continued to show signs of weakness daily following another 3% loss in the past 24 hours. However, it remains bullish but is still finding a key level to initiate a fresh buy. The price is currently under retracement. The late November drops continued to bring a notable setback for […]
FTX/Alameda carried out its regular monthly Solana (SOL) redemption and transfer five hours ago, redeeming 181,232 SOL, worth approximately $41.46 million, from staking. These tokens were then distributed across 20 separate addresses. Since November 2022, the FTX/Alameda staking address has redeemed and transferred a total of 4.262 million SOL, valued […]
Pump.fun has made headlines again by transferring 109,587 SOL, valued at $24.36 million, to Kraken just four hours ago. However, the pace of SOL selling from Pump.fun is expected to slow down in the coming months due to several factors: 1. Depleted Reserves: Pump.fun has nearly exhausted its SOL holdings […]
As selling volume enhanced this week, Sol continued to correct lower with another double-digit loss in the last 24 hours. It currently looks weak daily but its bullish trajectory remains valid on the macro-outlook. Following a higher high and higher low pattern from $120 in September, Sol has seen a […]
Amid the latest rally, Sol is still reaccumulating but is looking ready for another shift while providing a sizable discount for almost two weeks. Its bullish trajectory remains intact following over 50% gains in a month. Last month’s trading saw Sol through a major break out to a new high […]
According to Lookonchain, the Pump.fun Fee Account recently transferred 99,999 $SOL, worth approximately $22.74 million, into Kraken. However, there is no direct confirmation yet as to whether the deposited tokens have been sold. Pump.fun’s past activity suggests a pattern of selling $SOL. Between May 19 and September 3, the entity […]
As the holiday season approaches and many crypto projects slow down, Solana is standing out with a notable uptick in development activity. Over the past month, the network has experienced an 11.2% increase in overall ecosystem development and a 4.2% rise in the number of contributors. This surge is fueled […]
A savvy trading bot has reportedly earned an astonishing 27,000 $SOL (~$6.8M) over the past month by sniping memecoins on the Pump.fun platform. This bot, operating under the address “orcACR…TCc8,” has mastered the art of spotting and capitalizing on early token price surges. Just two days ago, the bot demonstrated […]
Registering over 70% gains this month alone, Sol initiated drops this week and began to lose momentum. While it is trying to end the month on a weak note, the trend is still considered bullish in the mid-term. Looking back from where the price rebounded earlier this month, Sol has […]
The crypto world is abuzz today, with much of the spotlight on Solana’s remarkable price rally and Microstrategy’s relentless Bitcoin purchases. Here’s a closer look at the top trends driving conversations. Solana’s Momentum Builds Solana ($SOL), currently the #4 cryptocurrency by market cap, is stealing the show with its impressive […]
Solana’s decentralized exchanges (DEXs) are making waves, recording unprecedented daily trading volumes. According to DeFiLlama, Solana DEXs surpassed $5 billion in daily trading volume for three consecutive days, marking a historic first. For the week of November 10-16, these platforms achieved a staggering total trading volume of $15.898 billion. According […]
Surging through several resistance levels in the past weeks, Sol reached a new high this week and cooled off buying. Taking a break, the price is currently weak daily while entering a brief consolidation phase. Joining other top altcoins in the past week’s rally, Sol’s price exploded and broke out […]
Solana’s momentum is stronger than ever, with its market cap surpassing $100 billion and key metrics setting new records. Whales are accumulating $SOL and the market cap of #Solana surpasses $100B today! Whale"AA21…VxH9" accumulated 7,500 $SOL($1.57M) again today. The whale has accumulated a total of 257,599 $SOL($54M) since Oct 22.https://t.co/1vpVWG5SSK […]
Solana ($SOL) is making headlines with a strong rally, surpassing $180 and solidifying its position as one of the top players in the cryptocurrency world. Recently, $SOL overtook Binance Coin (BNB) to claim the 4th spot in market capitalization, marking a significant milestone in Solana’s growth trajectory. #Solana ($SOL) has […]
Last week, Sol experienced a serious correction and dipped under $160. Surprisingly, it bounced back after finding support this week and is now looking strongly bullish following a sudden 15% surge. Looking back from where the price picked from the $120 level in September, Sol’s performance has been highly impressive […]
In October, Solana set a record with 123 million active addresses, a remarkable 42% increase from September’s levels and a significant leap from just 12.7 million at the start of the year. Solana's active addresses reached a record high of 123 million in October, marking an increase of over 42% […]
Recently, pump.fun’s fee income account continued its SOL sales, transferring 90,000 SOL (valued at $14.97 million) to Kraken just five hours ago. To date, pump.fun has collected around 1.092 million SOL (approximately $182.45 million) in transaction fees, out of which roughly 709,000 SOL ($111.93 million) were sold at an average […]
After increasing to a three-month high, Sol saw a rejection and initiated drops. It lost grip above a key level and turned weak on the daily scale following a 3% loss in the past 24 hours. The last two months have been a remarkable moment for Sol as the price […]