Solana at Crossroads: Will Bullish Momentum Push SOL Price to $160? Solana has been among the closely monitored tokens, due to which the volatility of the token has remained above the range. Although the volume remains within the average range, the possibility of reaching the upper targets has emerged. The SOL price has surged by…
Este artículo también está disponible en español. Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana’s inability to keep up with the market’s recent surge. Related Reading…
September 18, 2024 at 01:20 PM GST updated: September 18, 2024 at 06:56 AM 3 mins read Press Release In the fast-paced world of cryptocurrency, investors are constantly searching for the next big opportunity. While Bitcoin (BTC) continues to hold its place as the market leader and a safe haven for many, some Bitcoin investors…
As the uncertainty in the crypto market intensifies, top tokens have recorded increased volatility in their respective values over the past few days. Moreover, the Solana price continues its struggle to experience a strong bullish recovery since August. This makes its investors curious about the future prospects of this altcoin in the crypto market. Moreover,…
September 16, 2024 at 07:10 PM GST updated: September 16, 2024 at 05:30 PM 2 mins read Crypto Live News Ethereum, Solana, and Sui are top altcoin picks for high growth potential. Ethereum’s upgrades could boost its value significantly in the coming years. Solana’s efficiency and Sui’s innovation make them exciting investment opportunities. Ready to…
September 16, 2024 at 06:23 AM GST updated: September 15, 2024 at 10:45 PM 2 mins read News Due to Solana’s fast and cheap infrastructure, new gameplay mechanics are possible in blockchain gaming. This list contains the five games that illustrate blockchain technology applications in different aspects, such as AI applications and virtual racing. Most…
After a significant breakout above $138, it appears that crypto whales are making big bets on Solana (SOL) and are currently on a buying spree. On September 14, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that a crypto whale had purchased a significant 10,000 SOL, worth $1.37 million from…
The crypto markets are recovering from the recent sell-off, while the Bitcoin dominance is marking new highs. At 57.76%, huge liquidity has been flowing within the star token, due to which the other altcoins within the top 10 seem to be stuck within a narrow range. Solana has been forming more or less a similar…
Solana (SOL), the world’s fifth-biggest cryptocurrency by market cap is poised for a massive price surge in the coming days following its major breakout. After struggling for nearly two weeks near the strong resistance level of $138, SOL has broken through this level today with a strong bullish candle on the daily time frame. Solana…
September 13, 2024 at 11:20 AM GST updated: September 13, 2024 at 10:55 AM 2 mins read News Solana’s annual inflation rate is 5%, reducing to 1.5% over 15 years, affecting unstaked $SOL holders’ purchasing power. Staking $SOL offers 8-12% annual returns, offsetting inflation and providing net positive gains for holders. Liquid staking allows $SOL…
Solana Latest Update: Amidst the market recovery, a crypto wallet linked to bankrupt FTX/Alameda withdrew a significant 177,693 SOL, worth $23.75 million from Solana PoS, according to SolScan. Traders and investors should keep an eye on this substantial fund, as its movement to centralized exchanges (CEXs) could potentially create notable selling pressure. FTX-Linked Wallet Raises…
FTX’s affiliated wallet has redeemed 177,693 Solana (SOL) tokens worth $23.4 million, raising concerns about a potential sell-off that could affect SOL’s price. The SOL price is currently stabilizing around $130, analysts believe a reversal is possible, fueled by network upgrades, meme coin resurgence. Defunct crypto exchange FTX, founded by Sam Bankman-Fried, is reportedly gearing…
The largest crypto exchange Binance published a cryptic message in its X(formerly Twitter) on August 29. Only five characters “BNSOL” were there in the post which sparked a flurry of speculations. The community started to wonder if Binance is bringing in a new Product or if there is some partnership going to happen. That was a…
September 11, 2024 at 08:10 PM GST updated: September 11, 2024 at 05:46 PM 3 mins read News Ripple revolutionizes cross-border payments with blockchain technology for faster transactions. Solana excels in speed and scalability, ideal for dApps and DeFi projects. Pepe evolves from a meme coin to a promising investment with a growing community. Looking…
Solana chain has been breaking records every new day! The inception of the new tokens over the platform has attracted the immense attention of traders. As a result, the trading activity over the chain has surged and reached the highest level in blockchain history. However, the price of its native token, SOL, remains stuck within…
Este artículo también está disponible en español. The crypto market experienced a notable surge yesterday, with Solana (SOL) breaking past the crucial 4-hour resistance at $130. This breakout has caught the attention of investors, who now anticipate a potential price surge in the coming months as market sentiment remains optimistic. Related Reading Many analysts are…
September 10, 2024 at 06:10 PM GST updated: September 10, 2024 at 04:21 PM 2 mins read News SOL’s price rose 0.5% to $129.70, indicating possible bullish movement. RSI trends and moving averages suggest a potential price rebound and upward trend. Solana’s fundamentals are strong, with potential gains if market recovery continues. Solana (SOL) is…
Solana (SOL) is posed for a significant price surge and is currently gaining notable attention from crypto enthusiasts. It just happened following SOL’s impressive performance and rise in trading volume. Solana Price Performance On September 10, 2024, SOL has experienced a massive price surge of over 5% in the last 24 hours and is currently…
The recent weekend experienced a significant drop, with the SOL price reaching levels close to $121 while volume spiked beyond $3 billion. It was when the crypto market volume almost reached $100 billion that triggered a significant pullback. The recent pullback was expected to drive the Solana price into the major support zone between $125…
Este artículo también está disponible en español. As the first week of September concluded, the Solana (SOL) price settled at $124, raising concerns for investors as the fifth largest cryptocurrency risks breaching the critical $100 threshold. According to market analyst Ali Martinez, recent technical analysis indicates that a sustained close below the channel’s lower boundary…
Este artículo también está disponible en español. Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities. This…
In this bearish market sentiment, the majority of cryptocurrencies have experienced notable price declines. Amid this, a crypto expert hints that Solana (SOL) is flashing a buy signal. On September 6, 2024, a prominent crypto expert shared a post on X (Previously Twitter) that a technical indicator named TD sequential has presented a buy signal…
September 5, 2024 at 03:00 AM GST updated: September 4, 2024 at 04:28 PM 2 mins read News Solana (SOL) and Chainlink (LINK) have both been on a lot of downtrends as seen in the charts, prompting speculations if Polygon (MATIC) may likely follow. The trail by such major currencies points to an arch of…
Solana’s (SOL) price is set for a massive upside rally after facing significant selling pressure at its strong resistance level of $161. In the past few days, SOL has dropped by over 18% due to the overall bearish market sentiment and the recent price decline in Bitcoin (BTC). Trend Reversal Sign However, SOL’s daily chart…
Crypto Live News Author: Mustafa Mulla Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017. Sep 4, 2024 18:17 Solana (SOL) is facing uncertainty as its price, currently around $128, has dropped by 20% over the past 11…
September 4, 2024 at 05:40 PM GST updated: September 4, 2024 at 04:14 PM 2 mins read News Solana’s speed and efficiency, enhanced by recent upgrades, may lead in September. Uniswap’s DeFi improvements and lower fees could drive substantial growth this month. ICP’s innovative approach and expanding partnerships might challenge Bitcoin’s dominance. September 2024 promises…
As Bitcoin takes a drop under $57K, the bearish trend in the altcoins market is heating up. Amid the selling spree, the downfall in SOL price breaks under the $130 mark and restarts the eight-day bearish trend after a minor 4.98% recovery on Monday. With the falling trend picking up pace, Solana adds massive pressure…
September 3, 2024 at 04:00 AM GST updated: September 2, 2024 at 09:15 AM 3 mins read Press Release The Web3 space is evolving daily with new decentralized infrastructures to advance digital asset investment and adoption. Hence, DeFi market news has once again highlighted ETFSwap (ETFS), Solana (SOL), and Maker (MKR) as the next-generation DeFi…
September 2, 2024 at 08:00 PM GST updated: September 2, 2024 at 10:02 AM 3 mins read Press Release ETFSwap (ETFS) has emerged as a better option to Cardano (ADA) and Solana (SOL) as investors begin their quest for the best altcoin in 2024 that can enlarge their portfolio ahead of the upcoming bullish altcoin…
August 31, 2024 at 10:00 PM GST updated: August 31, 2024 at 10:16 PM 2 mins read News Whale withdrawals led to Solana’s price dropping from $161 to $137, intensifying market volatility. Solana’s price broke key support levels, reflecting increased bearish momentum. Technical analysis suggests potential support at $130, with future stabilization possible if whale…
Market sentiment suggests that Solana’s (SOL) price may crash to the $80 level. On August 31, 2024, the on-chain analytic firm Lookonchain made a post on X (previously Twitter) that Crypto Whale or Institution dumped a significant 139,532 SOL worth $19.5 million to Binance at a loss of $5.5 million. Solana Whale Sell-off 140K SOL …
Binance made waves in the crypto community on August 29 by sending a 5 character tweet “BNSOL”. This tweet caused a rise of huge speculations among crypto people. Does this relate to a partnershop between Binance and Solana? As they were trying to decode this message, another tweet popped up “Coming Soon”. Binance was followed…
August 29, 2024 at 03:17 AM GST updated: August 28, 2024 at 03:52 PM 3 mins read News Moving along the year 2024, the market of cryptocurrency remains to be equally promising. Five altcoins, in particular, are showing strong potential for substantial gains: ADA, SOL, Fetch.AI These include, Injective Protocol (FET), Aave (AAVE), and Notcoin…
Although Solana has had a rather inconsistent August, it is eyeing a notable September surge. Specifically, it may be set to skyrocket with interest rate cuts looking to arrive next month from the Federal Reserve. SOL has already shown a propensity to react positively to Fed decisions. A recent speech from Fed Chair Jerome Powell…
Amid the ongoing back-and-forth movement in the crypto industry, Solana (SOL) price continues to consolidate in a horizontal pattern, which is less interesting to leveraged traders but crucial for hodlers. The low volatility registered by Solana price in the past few months has given buyers a chance to accumulate more coins. Furthermore, a gradual shift…
August 28, 2024 at 03:20 PM GST updated: August 28, 2024 at 01:43 PM 1 min read News Solana (SOL) dropped 1.53% in the past 24 hours, trading at $144. Short-term support at $142.55 may allow a rebound to $158-$160 if maintained. Broader outlook suggests potential sideways trading around $160 or further declines. Solana (SOL)…
As Bitcoin (BTC) fell below the $62,000 level, the overall cryptocurrency market experienced significant selling pressure. This bearish sentiment caused a major setback for Solana (SOL) as it broke its two days of consolidation near the crucial level of $160. Solana (SOL) Price Action and Technical Analysis The breakdown from consolidation has shifted the sentiment…
August 27, 2024 at 06:17 AM GST updated: August 26, 2024 at 08:09 PM 2 mins read News As the year 2024 draws nearer, cryptocurrency investors and analysts are looking forward to the market for exceptional returns. These assets have exhibited excellent stability: Tether (USDT), Solana (SOL), Bitcoin (BTC), Binance Coin (BNB), and Toncoin (TON)….
August 27, 2024 at 04:17 AM GST updated: August 26, 2024 at 07:54 PM 3 mins read News Despite the evolving cryptocurrency market, there is a growing demand for promising digital currencies. Some specific cryptocurrencies will make headlines in the coming year thanks to their distinct technologies and enhanced performance. The following article outlines ten…
As the crypto continues to trade sideways in recent weeks, Solana’s current level could actually open the door for SOL to surge to $180. Indeed, it faces a critical resistance period at its current position. However, that could end up working to its benefit, with metrics pointing to an incoming price rally. The token has…
As we look ahead to 2024, the cryptocurrency landscape is poised for potential shifts in dominance. While Solana (SOL) and Ethereum (ETH) have been major players, other altcoins are also vying for top positions. Pawfury (PAW), Solana (SOL), Ethereum (ETH), NEAR Protocol (NEAR), and Polkadot (DOT). Each of these projects presents unique features and challenges…
Solana (SOL), currently positioned as the fifth largest cryptocurrency by market capitalization, is mirroring Bitcoin’s (BTC) recent pattern of recovery, exhibiting a positive trajectory over the past couple of weeks. Friday’s recent price spike comes on the heels of positive macroeconomic developments from the US Federal Reserve (Fed), which have had a positive impact on…
August 23, 2024 at 04:50 PM GST updated: August 23, 2024 at 03:53 PM 2 mins read News Solana (SOL) faces resistance at $164 and shows only a 1% price increase. SOL’s recent price movement is flat, with strong support at $134. A surge in buying volume is needed for SOL to break above $164…
The Brazilian Securities Regulator (CVM) approved a solana spot exchange-traded fund (ETF) on Tuesday, the second of its kind in the country. According to data from the CVM database, this new instrument will be offered by Hashdex, a Brazil-based cryptocurrency asset management company with nearly a billion in assets under management held locally, in partnership…
With the asset stuck in recent weeks, Solana eyes an increase to $175 as a new pattern shows SOL could be nearing a massive surge. Indeed, a descending triangle shows that the crypto is nearing a bullish trajectory. That should set off a new wave of momentum for the token. For the last several days,…
Despite being stuck at the $140 level, Solana could be set to enjoy a 40% surge soon as a second SOL ETF is approved. Indeed, Brazil has officially greenlit the second exchange-traded fund for the crypto. Now, the market is expecting the asset to break away from its current position. Solana dropped to $139 on…
Bloomberg’s ETF analyst Eric Balchunas is very skeptical about the potential launch of a spot ETF for Solana in the near future. Eric shared a detailed flow chart that explains the approval process. Notably, the CBOE filed 19b-4 for a Solana ETF on July 8th. The second step of the approval required the U.S. SEC…
In this ongoing struggling cryptocurrency market, Solana-based dogwifhat (WIF) is making waves due to its impressive performance and recent breakout. On August 21, 2024, WIF gained a massive price surge of over 10% in the last 24 hours and caused a strong bullish breakout. Breakout in Dogwifhat (WIF) Since July 22, 2024, WIF has been…
In this extremely volatile cryptocurrency market, on August 20, 2024, a Solana whale was found dumping a notable 20,000 tokens worth $2.9 million to OKX and Binance, as reported by Lookonchain. According to a post on X (formerly Twitter), the whale dumped 10,000 SOL worth $1.45 million to OKX and another 10,000 SOL worth $1.45…
While the Bitcoin ETF and the Ethereum ETF managed to get approvals from the US SEC, the Solana spot ETFs might not see a green light anytime soon as the US SEC has reportedly rejected two 19b-4 applications submitted by CBOE (Chicago Board Option’s Exchange) on behalf of the prospective Solana Spot ETF issuers, VanEck,…