Solana’s price has increased by an astounding 80% in the last month. The large increase in value has sparked apprehension among the cryptocurrency community, mainly because of substantial withdrawals made by FTX exchange. The price of $SOL has increased by ~80% in the past month. And #FTX transferred 1.38M $SOL($56M) […]
Tag: solana
SOLANA PRICE ANALYSIS & PREDICTION (October 30) – SOL Trades A Critical Resistance Line After Six-Week Rally, Possible Break Or Make?
Solana’s bullish trajectory remains intact on a mid-term, but it seems to have reached an exhaustion point as it tests its channel’s upper boundary today. A broader retracement is likely if the price keeps respecting this channel. Sol has been forming inside an ascending channel since the price dipped to […]
SOLANA PRICE ANALYSIS & PREDICTION (October 14) – Sol Sets To Take More Highs But Volume Is Low, Facing Minor Resistance
Amid this month’s meltdown, SOL saw a 15% drop and temporarily found support a few days ago. If this support holds firmly, it may resume mid-term bullish in the upcoming week. Buying volume is currently low. Solana is still following a bullish sentiment on the monthly outlook as it continues […]
SOLANA PRICE ANALYSIS & PREDICTION (September 30) – SOL Poises For Mid-Term Bullish After Testing This Channel’s Support
Solana’s bearish trajectory is still intact from a short-term perspective. But it found support this month and bounced off to test a key resistance. It may resume mid-term bullish if the price breaks through this important resistance. SOL entered the third quarter of the year on positive actions, but the […]
Solana Rising Social Buzz, All You Need To Know
Solana, the blockchain platform that has been making waves in the crypto world, has seen a remarkable surge in social activity recently, up by a staggering 29.3%. This heightened buzz can be attributed to several key factors that have captured the attention of the crypto community and beyond. Hyperdrive Hackathon […]
Visa Embraces Solana Blockchain for USDC Settlements
Visa, the global payment giant, has made an exciting stride by extending its utilization of USDC stablecoin for settlement payments onto the Solana blockchain. This strategic move signifies Visa’s commitment to harnessing blockchain technology’s potential in the realm of payments. Why Solana? Solana stands out as a high-performance blockchain renowned […]
Solana Wallet Offerings Look Meagre Against New Bitcoin Spark Wallet Utility
Cryptocurrency is an industry that is taken for granted in the modern days. Most individuals need to learn of the potential financial freedom embedded within the ecosystem. When Satoshi Nakamoto generated blockchain technology, the goal was to take power from the monetary system and give it to individuals or citizens. […]
SOLANA PRICE ANALYSIS & PREDICTION (July 12) – SOL Initiates Fresh Buy Above $20, Can Price Flips This Resistance Line?
Solana’s price continues to increase after making a short pullback a few days ago. It’s bullishly heading for a short-term resistance line, where the price is likely to break or make. The price is currently up 17% weekly. As few altcoins enjoyed volatility inflow due to Bitcoin’s indecisiveness for some […]
Solana Price Analysis & Prediction (May 9th) – SOL Continues to Stagnate as Big Price Movement Lurks Around
Solana and other high-cap altcoins have been trading calmly for some days now with little-to-no volatility. However, it currently sits above psychological support as it decides on the next direction. After months of remarkable recovery, SOL took a breath after several failed attempts to advance its bullish move above a […]
Solana Price Analysis & Prediction (May 1st) – SOL is Likely to Repeat This Pattern From $20, Watch out For Breakout Soon
Solana is up 2.70%, with a little volatility over the last 24 hours. It recently found support and appeared to be building up for a fresh increase. But the volatility looks low right now. Following the neutral-bearish mode over the past few days, SOL found a solid level at $20 […]
Solana Price Analysis & Prediction (Mar 8th) – SOL Plunges to Support, Will Price Make or Break This Lower Range?
Solana remained in a range bound following a temporal hold above two-week support. The price is still within the bulls’ radar. A sharp nosedive at this support should trigger a big down surge. By market cap, the 11th best-performing cryptocurrency seems to have found support above the $20 mark after […]
Solana Price Analysis & Prediction (Jan 23rd) – SOL Takes a Downturn After Witnessing Massive Recovery in Three Weeks
Following the latest drop in Bitcoin’s price, Solana also dropped by a daily 8% and lost the crucial support level. This sudden drop signals a sell action, which could send the price lower before the end of the month. From the low of $8, Solana bounced and rallied by over […]
Solana Price Analysis & Prediction (Nov 30th) – SOL Maintains Sideways Movement Amid Low Volatility
Since Solana crashed to a six-month low, the price struggled to reclaim lost levels, but it failed as volatility continued to drop by the day. The trade cooled off after subjecting the market to a sideways movement. Solana has failed to bounce back after the price collapsed to $11 this […]
Top 3 Solana Ecosystem Tokens Below $10 Million Market Cap To Watch In November 2022
Solana is a highly functional open-source project that relies on the permissionless nature of blockchain technology to offer decentralized finance (DeFi) solutions. Solana Tokens have a total market capitalization of $77,486,648,250 and a total trading volume of $55,679,069,816. Let’s look at some of these Solana-based tokens poised to do well […]
Solana Price Analysis & Prediction (Nov 15th) – Volatility Shrinks After Massive Sell-Off: Is SOL Preparing for Another Sell-Off?
Solana has just reacted to a key level due to a current increase in Bitcoin’s price. Though the price is still looking weak in the higher time frame. After collapsing beneath $26, it has lost over 50% of its value in the past seven days of trading. After the price […]
Top 5 Solana Ecosystem Tokens Below $5M Market Capitalization to Watch in September 2022
Solana, an open source project started in 2017, is a new, high-performance, permissionless blockchain having a throughput with lower costs. Solana Ecosystem is robust, with a total market capitalization of $87,080,020,875 and a trading volume of $69,239,662,605. Note: The tokens below are listed by market capitalization, lowest to highest. Tulip […]
Ethereum Price Holds Above $1,600 as Crypto Markets Slow Down
After the news of the Solana hack broke out, cryptocurrency markets slowed down significantly, with trading volume dropping sharply. Ethereum continues to hold at the $1,600 level, and Bitcoin is testing support at the $23.8k range as the global cryptocurrency market cap remains above $1 trillion. The sideways trading for […]
Ethereum Price Rises to $1,600 Amid Solana Network Hack
Ethereum once again proves it’s the leading cryptocurrency for DeFi, NFT, and smart contracts amid a Solana network attack that saw over half a billion in assets drained from private wallets. Ethereum price is currently trading at $1,656, up over 5% in the past 24 hours and up over 12% […]