Tag: Sol

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (September 6) – Sol Consolidates Above A Critical Support After A Week Drop, Where Next?

Continuing the bearish momentum, Sol’s price dipped near a key support level this week but quickly recovered. It is currently in the middle of consolidation, gathering momentum for the next major move. Sol closed last month’s trading very weak after failing to push above the $164 level. This led to […]

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (August 31) – Sol Resumes Selling, Will This Crucial Support Contain Pressure?

Following several bounces off crucial support in the past months, Sol faced tough resistance again and began to lose traction. The price is currently on the verge of breaking through a three-week support. This month’s trading has been quite interesting as Sol bounced sharply from a dip but things turned […]

Crypto, News

Solana’s Liquid Staking Tokens Gain Momentum As Major Exchanges Announce New Offerings

Solana’s staking ecosystem is gaining significant attention, with several major exchanges announcing the launch of Liquid Staking Tokens (LSTs) on the Solana blockchain. Bybit recently revealed the upcoming release of bbSOL, a liquid staking token that users can obtain by staking SOL on Bybit Web3. Following Bybit’s lead, both Bitget […]

Crypto, News

Jito Solana Platform Achieves Record Highs In Daily Fees And User Engagement

In recent developments, @jito_sol has seen remarkable growth, setting new records across several key metrics. The platform reached an all-time high in daily fees, totaling $3.19 million, and daily revenue, which amounted to $160,000. Notably, Jito served over 252,500 daily users, marking a significant milestone in user engagement. Concurrently, Jito […]

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (July 30) – SOL Loses Grip Above $190 Following This Pin Bar Close, Incoming Sell?

Sol is significantly up weekly, but it appears to have reached an exhaustion point after breaking through several resistance in the past weeks. The price is currently down following a 2% loss overnight. Two weeks ago, Sol’s price broke out of a four-month resistance line following a monthly bounce off […]

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (July 17) – SOL Is Almost Testing A Crucial Resistance Line Again After Two Months, Will It Break This Time?

This week, Solana SOL advanced bullishly after lifting from a base support some days back. While the bears are currently in disbelief of the latest move, they may suffer more losses if the price keeps surging daily. As Solana continued to show signs of strength daily, it recently broke above […]

Market Analysis

SOLANA PRICE ANALYSIS & PREDICTION (July 11) – SOL Signals Bullish But Fails To Advance, Facing A Rejection

Solana’s bias looks technically bullish daily following a recent bounce back, but the price is currently stuck under a key resistance. Failure to break above this price level could lead to another notable sell-off. Despite the latest increase in the global market cap, Sol remained calm and showed signs of […]