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,…
Today Solana is considered one of the blockchains with the greatest growth potential on the market. The platform offers unparalleled transaction speed, low fees, scalability, and a growing ecosystem of dApps and NFTs, which continue to attract numerous developers. This positions SOL similarly to ETH in its early days, as more developers and users flock…
The bad news keeps coming for Solana, as the token has dropped to $143, but does not seem to deter traders’ belief in SOL’s eventual bounce back. There are very firm expectations that the asset can return to form, approaching the highs it experienced earlier this summer. Solana has dropped more than 15% in the…
Crypto Live News Author: Nidhi Kolhapur Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain. Aug 19, 2024 18:30 Solana (SOL) outflows have surged to an all-time high of $39 million last week. Overall, digital asset…
Despite performing very well throughout July, Solana has continued its decline with a 9% drop this week, but experts are still tabbing SOL to hit $260 at some point. The token has certainly struggled to recover following the August 5th crypto market crash. Yet, many are confident in its continued ascent. The crypto has fallen…