Author Archives: ambcrypto.com

Solana’s native token SOL registered a promising uptrend lately as its price grew over 10% in the last seven days. The price surge gave hope to investors for brighter days ahead. Though there have been several positive developments in the community in the past few days, the stability of this hike is still questionable. Several[Read more…]

Solana [SOL] has finally chosen a side in the tug of war that has been going on between the bulls and bears since end of August. The cryptocurrency delivered a strong bullish performance in the last three days after finding support near the $31 price level. SOL previously struggled to find a directional footing especially in[Read more…]

After some days of abysmal performance, Solana [SOL] rode its horse back to a $1 billion trading volume. Regarded as one of the fastest growing ecosystems in the crypto space, SOL lost grip of the $1 billion volume when the price plunged from $33.44 to $30.62 on 7 September. On the same day, Solana confirmed its partnerships with[Read more…]

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Introduced back in 2020, Solana has emerged as the market-leading cryptocurrency that uses the “proof of stake” mechanism. As one of the first to use the innovative “proof of[Read more…]

STEPN [GMT] was recently highlighted in a recent Messari Twitter thread which evaluated its performance before and after Solana [SOL] network woes.  The thread showcases how market changes can disrupt and potentially destabilize dapps. According to the Messari report, Solana accounted for roughly 20% of the fees generated by Solana users before the crash. This was during the Q2 2021[Read more…]

Recent data from Solana [SOL]’s blockchain explorer stated that the network processed a total of 96.62 million transactions. In fact, at the time of writing, the network processed an average of 3,044 transactions per second. With impressive statistics like these, Solana could prove its skeptics wrong while also lowering  the FUD around Solana’s downtime. While it remains to be seen whether SOL[Read more…]

Solana has come into September on the back of sustained growth. One of the growth aspects has been observed in the Solana-based NFT collections. Magic Eden reported in a recent tweet that it has reached a total of 25 million SOL volumes. It also saw a 300k SOL volume in the past day as well. These statistics[Read more…]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Solana [SOL] has bullish momentum behind it after a near 10% move upward from the lows of 2 September. At press time, SOL stood at $30.5. In the same time period, Bitcoin [BTC] has traded sideways within[Read more…]

Solana’s price has not been having the best of months, with the altcoin’s price going down by 31% since August. However, there has been one new development on its Github. What’s the next move? Solana’s team seems to have incorporated the Move language into its development strategy. Move is a programming language created by Meta, with[Read more…]

Solana [SOL] is at a crucial junction now, with the crypto-market noting a U-turn of the relief progress. With Bitcoin still hovering below $20,000, the premise is all but negative for other assets right now. Historically, crypto-assets tend to follow the footsteps of Bitcoin in price chart movement. The same was also evidenced by SOL’s press[Read more…]