Cryptocurrency News
Most top altcoins have retraced briefly in the past few days due to a slight drop in the global market cap. Solana looks a bit strong today following a resurge from $51. The price is up 8% in the last 24 hours. Last week, Sol lost steam and corrected briefly […]
Solana, the cryptocurrency that caught institutional investors’ consideration this month with its noteworthy surge from $21 to $63, is currently under a magnifying glass as late price movements suggest an expected shift in market sentiment. While the recent spike raised Solana’s status in the crypto community, ongoing developments have provoked […]
Last week saw Sol through a crucial breakout after staying in an ascending channel for a year. It retraced briefly, bounced back and is now losing steam on a daily. However, the price is still up by 2% today. After testing the upper boundary of its channel last week, Solana […]
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) […]
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 […]
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’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, 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, 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 […]
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’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 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 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 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 […]
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 […]
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 […]
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 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 […]