Author Archives: SOLANA NEWS REPORT

Introduction Just over two months after completing a $155 million acquisition of trading infrastructure provider Apex Crypto, the New York–based digital assets platform Bakkt is delisting three of the largest cryptocurrencies by market cap: Solana, Polygon, and Cardano. Proactive Measures Bakkt general counsel and secretary Marc D’Annunzio told Fortune in a statement the company was[Read more…]

Rumor Hard Fork Solana Rumors of a hard fork in Solana have spread widely and become a hot topic of discussion in the crypto community. This information first emerged on several discussion forums and social media, suggesting that the hard fork was meant to improve the platform’s efficiency. Despite the widespread discussion, there has been[Read more…]

Solana’s Future Outlook: Divergent Views on Traders Buying the Dip and yPredict’s Potential Surge Solana ($SOL) has been one of the most talked-about cryptocurrencies over the past few weeks, soaring by 19% in late May before a sharp plunge in the first two weeks of June. $SOL is now trading around the same level as[Read more…]

Introduction Sam Bankman-Fried, the now-disgraced founder of bankrupt crypto exchange FTX, loved Solana. Launched in 2020 by cofounders Anatoly Yakovenko and Raj Gokal, the high-speed blockchain promised to be an “Ethereum killer.” “[It] has a shot at becoming one of the core layers on which most financial and informational transfers happen between applications in a[Read more…]

In today’s evolving crypto industry, investors are constantly looking for the top altcoins in the crypto market this year. Investors have witnessed three interesting altcoin projects making waves in the market today, namely Cardano (ADA), Solana (SOL) and Caged Beasts (BEASTS). Cardano Towards US$1 Price Cardano, the blockchain platform powered by its original coin, ADA,[Read more…]

Solana (SOL) Price Analysis – Crucial Support Level and Bearish Indicators The Solana price fell by 42% last week, reaching the important and final Golden Ratio support level at $15. If this level breaks, the price could fall even further. Currently, Solana’s price stands at the last Golden Ratio support level. Over the past week,[Read more…]

Top 10 Crypto Prices for 12th June 2023: SEC Lawsuits Against Crypto Firms Cast Doubt on Industry’s Future The ongoing SEC lawsuits highlight the clash between government officials and crypto creators over the industry’s legitimacy and integration. Analytics Insight has listed the top 10 current cryptocurrency prices as of 12th June 2023. Cryptocurrency Prices: Crypto[Read more…]

Introduction The Solana Foundation has firmly refuted the Securities and Exchange Commission (SEC)’s claim that their native token, SOL, is an unregistered security. In an official statement, the Solana Foundation asserted its belief that SOL is not a security and welcomed further engagement from policymakers to achieve legal clarity in the digital asset space. Solana[Read more…]

Solana Foundation and Polygon Labs Push Back Against the SEC Both the Solana Foundation and Polygon Labs are among the latest entities to contest the U.S. Securities and Exchange Commission’s (SEC) classification of their respective tokens as securities. Solana Foundation’s Response The Solana Foundation, responsible for the development of the Solana blockchain, has expressed its[Read more…]

Introduction Welcome to our comprehensive price analysis report for Solana (SOL) as of June 10, 2023. This report is based on price data, technical indicators, and moving average data sourced from Binance at 06:30 AM UTC. We delve into the intricate dynamics of SOL’s price, volume, and key technical indicators. Whether you’re a seasoned trader[Read more…]