Cryptocurrency News
Tuesday saw Sol through another drop after failing to sustain momentum above $160. While its long-term structure remains bullish, it appears weak on the day as it looks for solid ground to initiate a fresh buy. Sol’s bullish trajectory remains intact on the long-term perspective but it seemed to have […]
This week, Solana saw a mix of highs and lows across its ecosystem, with its native token SOL dipping 1.61% to $141.85. Despite the slight decline, the DeFi space on Solana continues to grow, with the total value locked (TVL) in decentralized finance surging to $5.41 billion. However, the overall […]
In the last 24 hours, the Solana blockchain has witnessed a remarkable surge in token creation, with nearly 20,000 new tokens minted, predominantly memecoins. A significant portion, approximately 70%, of these tokens debuted on the platform known as Pumpdotfun, highlighting the growing trend of memecoins on Solana. 🚨 REPORT: Nearly […]
Last week, Sol took a quick downturn after failing to break above a two-month high in the preceding week. However, it has resumed bullish but buying volume looks low following recent price rejection. After the early-month fallout, Sol created new support at $131, and the price increased nicely as it […]
Sol saw a notable recovery last month following a strong bounce off a crucial support level. However, trading is back in a downward range as it failed to push above a vital resistance level during the last buying phase. This week’s trading has been a thorn in the flesh for […]
The overall market outlook is still very bullish for Sol in the long term as it managed to stay above the important $100 level during the correction. It currently gathers momentum while preparing for a massive explosion. So far, the crucial $120 level has stood well as threshold support for […]
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 […]
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 […]
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 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’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 […]
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 […]
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 (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% […]
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. […]
$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 […]
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 […]
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 […]