Author Archives: SOLANA NEWS REPORT

Solana’s Galaxy Score and Market Indicators Solana’s Galaxy Score was high, which could be taken as a bullish signal. Furthermore, some market indicators also turned bullish, which was a great sign for the blockchain and the altcoin. SOL’s Recent Price Performance SOL was down by more than 4% over the last seven days. Solana’s Flourishing[Read more…]

Solana’s Bearish Trend Analysis The 1-day chart reveals a persistent bearish trend within the Solana market structure since early August, indicating a downtrend for SOL. The conjunction of simple moving averages and the RSI further bolsters the notion of prevailing bearish momentum. Solana bulls exerted significant efforts to safeguard a support zone on a higher[Read more…]

Community Poll Results Out of a total of approximately 1,350 votes, the community’s opinion was divided: Solana’s Recent Activities Solana, a prominent blockchain network, has been actively expanding its ecosystem through various projects and partnerships: New Partnerships and Launches Recent developments from Solana include: Solana’s Market Performance Despite its ongoing efforts, Solana’s market performance has[Read more…]

Reasons for Changes As of August 26, the precise rationale behind CNBC’s decision to drop Bitcoin Cash and Litecoin remains unclear. However, what is evident is that both BCH and LTC have faced challenges in recent times, leading to a decline in their valuation over the past few years. SOL In, BCH And LTC Out[Read more…]

Optimism’s Decline and the Rise of Borroe Finance & Solana Optimism (OP) has experienced a significant decline, while Solana (SOL) is demonstrating increasing strength. However, the potential gains offered by Borroe ($ROE) overshadow Solana’s rise. Even in its presale stage, Borroe ($ROE) has already delivered impressive 25% profits for early investors, leading analysts to consider[Read more…]

Asia’s Potential for Crypto Adoption Asia stands as one of the largest regions with immense potential for embracing digital assets. With its massive population, the region offers a fertile ground for cryptocurrency adoption. Notably, China and India, the two most populous countries in Asia, boast a combined population of 2.8 billion individuals. In contrast, the[Read more…]

Bitcoin Spark: Lighting the Crypto Arena Bitcoin Spark (BTCS) emerges as a game-changer in the world of cryptocurrency, bringing a fresh perspective that aligns with the evolving dynamics of the field. BTCS introduces a new level of innovation with its unique Proof-of-Process (PoP) mining and validation strategy, reshaping the way participants contribute to the ecosystem.[Read more…]

Downward Trend in the Crypto Market During the recent downturn in the cryptocurrency market, numerous high market cap cryptocurrencies have encountered substantial value losses. One such cryptocurrency is Solana (SOL), which has witnessed a decline of over 5% within the past week, leading it to plummet to the crucial support level of $20. Current State[Read more…]

Solana NFT Volume Surges Recent data reveals a significant surge in Solana NFT sales volume over the past 24 hours. Compared to Ethereum’s 3.4% increase, Solana experienced a remarkable nearly 20% surge in sales volume during this period, according to Step Data Insights. Delving deeper into the volume data on Crypto Slam, the surge becomes[Read more…]

Leveraging On-Chain Focus: Solana’s Advancements In recent times, the crypto industry’s spotlight has shifted towards the on-chain network, a mechanism that oversees the entire transaction lifecycle while harnessing the power of the public ledger. This system ensures swift transaction verification and validation through the Proof-of-Work consensus, providing miners with rewarding incentives. Solana’s On-Chain Venture With[Read more…]