Author Archives: SOLANA NEWS REPORT

Solana’s Potential Collaboration with PayPal and FTX Recent reports have revealed that PayPal’s stablecoin, PYUSD, had initial plans for a collaboration with FTX on the Solana blockchain in the previous year. Unfortunately, due to FTX’s crash and regulatory challenges stemming from the classification of Solana (SOL) tokens as securities by the US Securities and Exchange[Read more…]

Solana Price Poised for Potential Surge Solana (SOL) is currently aiming for a fresh increase above the critical $25 resistance level against the US Dollar. If the price manages to close above $25.65, it could rally towards the $30 mark. Positive Signs for SOL Price The SOL price is displaying optimistic signs above the $23.80[Read more…]

ChatGPT’s Insights on Pomerdoge and Solana Investment ChatGPT has gained significant popularity in the cryptocurrency community for its accurate predictions of growth prospects in various digital currencies. Investors are now paying close attention to ChatGPT’s forecasts before making investment decisions. Recently, ChatGPT made a prediction regarding the potential growth of the Play-to-Earn (P2E) meme coin,[Read more…]

The Bullish Trend of Solana Price The Solana price exhibited a bullish trend during the recent trading session, pushing it beyond the $24 mark. It surpassed a key resistance hindering its progress for over a week. Within the last 24 hours, SOL saw a rise of around 6%, with a similar price increase visible on[Read more…]

Ethereum’s Dominance and Emerging Contenders Ethereum currently stands as the leader in the DeFi and smart contract sectors in terms of Total Value Locked (TVL). However, the landscape is evolving, with other blockchain networks like Solana, Avalanche, and Polkadot vying for a place in the spotlight. Solana’s Impressive TVL Surge Solana, in particular, has been[Read more…]

The Rise of Solana (SOL) Above $22.4 Support Level The cryptocurrency market has been rife with fear, uncertainty, and doubt (FUD) lately, but amidst this backdrop, Solana (SOL), the ninth largest cryptocurrency, has shown resilience by maintaining its position above the crucial $22.4 support level. This surge has propelled SOL into the spotlight as a[Read more…]

Aurory Aurory stands out as a premier NFT project built on the Solana Blockchain. Launched in April 2022, this collection comprises 9,982 distinct items and falls under the category of Profile Picture NFTs (PFPs). The collection features two main types: Aurorian and Helio. These items can be personalized with various attributes such as skin tones,[Read more…]

Tokens Affected by the Trading Halt Bitstamp has announced that trading of these tokens will be suspended starting from August 29th. However, users will retain the ability to maintain ownership of these assets and withdraw them as desired. Although Bitstamp did not explicitly state the reason for delisting these tokens, the association of these tokens[Read more…]

Key Points: On Tuesday, the cryptocurrency market witnessed a resurgence as Bitcoin reclaimed the critical $30,000 level, injecting a renewed sense of optimism among investors. This milestone, long seen as a psychological barrier, has bolstered confidence in Bitcoin and ignited hopes for the altcoin sector. Solana (SOL), a star in the crypto landscape, stands out[Read more…]

Solana’s Potential Parallels with Cardano’s 2019 Movement In a recent analysis, well-known crypto analyst Benjamin Cowen noted that Solana has demonstrated a slightly stronger performance compared to other altcoins due to significant capitulation towards the end of 2022. Cowen observed that SOL reached its lowest point early this year, followed by a substantial price surge[Read more…]