TLDR Solana is set to climb above $200 in the coming weeks. Bonk is in recovery, with a clear path toward previous levels. Rebel Satoshi Arcade promises over 200% returns on the launch date, along with a projected 75x jump post-launch. Introduction The second half of the year is almost here and the search for[Read more…]
Author Archives: SOLANA NEWS REPORT
28
May
May
Solana’s SOL Token Sees a 5% Increase Solana’s native token, SOL (SOL), experienced a 5% increase on May 27, trading up from $161 on May 26 to $171. This rise fueled investors’ hopes for continued growth, especially since SOL had reached $188.90 on May 21, just days earlier. A significant factor in SOL’s upward movement[Read more…]
27
May
May
Crypto YouTuber Review: Sealana and Mega Dice Presales Crypto YouTuber TodayTrader recently reviewed a selection of new cryptocurrencies currently in presale, underscoring their potential for high returns on investment. As the market experiences a remarkable green surge with notable gains across various cryptocurrencies, two new coins, Sealana and Mega Dice, are showing significant promise. Their[Read more…]
27
May
May
Introduction A closely followed crypto strategist who’s been bullish on Solana (SOL) for the past year is suddenly flipping bearish on the Ethereum (ETH) rival. Analyst’s Assessment In a new video, pseudonymous analyst Bluntz tells his 259,600 followers on the social media platform X that Solana appears to have completed a five-wave rally. Bluntz practices[Read more…]
27
May
May
The Rise of Ethereum DeFi The Solana meme season produced some of the best crypto investment picks for the first half of 2024. However, with the meme coin hype dying down, attention has turned to the Ethereum (ETH) DeFi market, poised for a major explosion through the rest of this year. The Role of Spot[Read more…]
27
May
May
Bitcoin (BTC) Faces Persistent 69k Resistance With a market capitalization of $1.354 trillion, the leading cryptocurrency Bitcoin (BTC) continues to trade below the $69k level. Yesterday, Bitcoin (BTC) started the day at $67,969, tested $66,600, and closed at $68,549 with a 0.85% increase. Today, Bitcoin (BTC) has made a slightly positive start and is currently[Read more…]
26
May
May
Technical Indicators Turning our attention to technical indicators, there are several buy signals emerging in Solana’s price action on the daily chart. The price has demonstrated strong support above the 50-day moving average, a crucial level indicative of an upward trend. The RSI (Relative Strength Index) is trending upwards, with room for further growth before[Read more…]
26
May
May
The Rise of BlastUP In the competitive realm of cryptocurrency, Solana has long been a prominent player. However, a growing number of investors are shifting their focus to a fresh token that promises new potential. This movement coincides with the onset of the 2024 bull run, igniting interest across the market. The key reasons behind[Read more…]
26
May
May
FTX’s Selloff In a final move concluding weeks of auctions, the estate of the bankrupt crypto exchange FTX has completed the sale of $2.6 billion worth of deeply discounted Solana (SOL) tokens. The latest buyers in this high-stakes auction included prominent firms Figure Markets and Pantera Capital. Major Purchases According to a Bloomberg report, Figure[Read more…]
26
May
May
Solana (SOL) Price Analysis Solana (SOL) has shown promising signs of a bullish reversal. An analysis of SOL’s chart reveals patterns, key support and resistance levels, and future market implications. SOL’s chart on TradingView highlights a falling wedge pattern, while crypto analyst tradecitypro emphasizes the potential for SOL’s price movement based on Bitcoin’s trends. Technical[Read more…]
