Following recent market drops, SOL took a downturn this week after posting minor gains in the preceding week. The price is currently weak as it poises for a breakdown with a 3% loss in the last 24 hours. Unlike the top four cryptos that charted significant gains during the previous […]
Tag: Sol
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 […]
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 […]
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 […]
Solana Soars: Breaking Barriers And Defying Expectations
Solana’s price is on the cusp of a significant breakthrough, having briefly touched $161.9 before retracing to $157. According to analyst Ali Martinez, this movement may be indicative of an Adam & Eve pattern, hinting at a potential surge to $164. If Solana clears this resistance, a staggering 33% increase […]
SOLANA PRICE ANALYSIS & PREDICTION (August 23) – Calm Before The Storm: Sol Flattens After A Short Recovery
Following the monthly breakdown, which later turned false due to a sudden price recovery, Solana traded back in a five-month range and stayed indecisive since last week. Now negotiating the next major move. Since Sol saw a quick recovery back in a range earlier this month, it failed to advance […]
SOLANA PRICE ANALYSIS & PREDICTION (August 15) – Is Sol Set To Crash At $100 With This New Bearish Formation?
Sol’s bullish bias has continued to suspend amid the latest meltdown. It has turned bearish again after seeing a short but significant recovery last week. The price is down 8% weekly, looking poise for a big crash. The recent price recovery from a monthly low of $110 appeared to have […]
Solana Surges 7.5%, Outpacing Other Altcoins
Solana (SOL) has distinguished itself from other altcoins, surging by 7.5% in the past 24 hours. As a sentiment-driven cryptocurrency, SOL—ranked #5 by market cap—has the potential to continue its upward trend if the market sentiment remains optimistic. 📈 Solana has been making some separation against other altcoins, surging +7.5% […]
SOLANA PRICE ANALYSIS & PREDICTION (August 6) – SOL Regains Strength After Huge Sell-offs, Are Buyers Back?
In the recent crash, Solana lost almost 40% of its valuation but suddenly regained strength after testing a five-month low yesterday. The price appeared strong today as it trades back in a green zone. Sol saw a noticeable growth last month following a major bounce off a critical support level. […]
Solana Leads Market Recovery With 10% Surge Amid Whale Activity
$SOL is once again leading the market recovery among the top 10 cryptocurrencies by market cap, having surged 10% in the last 60 minutes. The price of Solana has shown strong signs of recovery, forming a “W” pattern on lower time frames. A sustained close above $125 could see $SOL […]
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 […]
SOLANA PRICE ANALYSIS & PREDICTION (July 30) – SOL Loses Grip Above $190 Following This Pin Bar Close, Incoming Sell?
Sol is significantly up weekly, but it appears to have reached an exhaustion point after breaking through several resistance in the past weeks. The price is currently down following a 2% loss overnight. Two weeks ago, Sol’s price broke out of a four-month resistance line following a monthly bounce off […]
Solana Surges To 4th Largest Cryptocurrency, Sets New Records In DEX Volume
The crypto market kicked off the new trading week on a bullish note, with Solana ($SOL) once again surpassing Binance Coin ($BNB) to become the fourth-largest cryptocurrency by market cap, reaching a peak of $193. 🚨JUST IN: $SOL reaches $193 pic.twitter.com/BwhEvE7W88 — SolanaFloor (@SolanaFloor) July 29, 2024 Notably, Solana also […]
Solana Overtakes BNB In Market Cap, Now Ranked 4th
Solana has recently overtaken Binance Coin (BNB) in market capitalization, securing the fourth spot. According to CoinMarketCap, Solana (SOL) is priced at 186 USDT, reflecting a 3.79% increase in the past 24 hours. 🚨 BREAKING: Solana surpasses BNB in market capitalization, now ranking 4th! 📈 According to @CoinMarketCap, SOL's price […]
Solana’s Meteoric Rise: On the Path To $200
The Solana ecosystem is experiencing a remarkable surge, with the potential to reach a new all-time high (ATH) soon. The recent price movement from $126 to $185 in just one month has captured significant attention in the crypto community. The Solana ecosystem is on 🔥🔥! With the way things are […]
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 […]
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 […]
SOLANA PRICE ANALYSIS & PREDICTION (July 3) – SOL Slows Down Recovery With 4% Daily Loss, What Happened?
Recovering 20% in ten days, Solana turned bullish again and revisited a key price level after a month’s trading. It has posted a loss in the past hours and is now looking weak on the daily chart. The past two weeks have been impressive as Sol extended bearishness to $122, […]