Analyst Predicts Significant Rally for Solana and Other Altcoins Known by the nickname Inmortal, a leading cryptocurrency analyst made bold predictions about popular altcoins like Solana (SOL), suggesting it could experience an explosive rally of over 230%. The analyst also provided significant evaluations for altcoins such as Pepe (PEPE), Floki (FLOKI), and Chainlink (LINK). Expects[Read more…]
Author Archives: SOLANA NEWS REPORT
23
May
May
Solana and the DePIN Sector – A Winning Synergy A recent report from Flipside highlights the rise of Render Network and Helium Network as leaders in the DePIN (Decentralized Physical Infrastructure Network) sector on the Solana blockchain. DePIN leverages decentralized community networks to improve the efficiency and resilience of infrastructures, notably in the areas of[Read more…]
23
May
May
Solana Price Drops Amid ETF Speculation The Solana price dropped 1% in the last 24 hours to trade at $177.7 as of 02:42 a.m. EST, with trading volume plunging 11% to $3.5 billion. The SOL price fall came amid speculation over whether regulators might in the future approve the trading of spot Solana ETFs. CNBC[Read more…]
22
May
May
Solana Price Update The Solana price fell 3% in the past 24 hours to trade for $180.26 as of 03:53 a.m. EST on trading volume that dipped 20%. Because Solana is the main rival to the Ethereum blockchain, the slump in the SOL price comes as ETH sucks in liquidity amid increased optimism that Ethereum[Read more…]
22
May
May
The Rise of Solana (SOL) The cryptocurrency Solana (SOL) has experienced a significant price surge, climbing over 13.58% in the past 48 hours to hit an intraday peak of $188 on May 21. This remarkable increase resulted in monthly returns of approximately 18% and a notable 65% over a 90-day period, indicating a strong performance[Read more…]
22
May
May
Drift (DRIFT) Drift operates as an on-chain perpetual and spot DEX constructed on Solana. Traders have the opportunity to engage in trading pre-launch markets and launched tokens with leverage of up to 10x. In addition to stablecoins, traders can utilize a diverse range of assets as collateral, leading to increased capital efficiency. As of now,[Read more…]
21
May
May
TLDR Market experts expect Solana’s (SOL) price to reach $595.40 in 2024. Milei Moneda ($MEDA) gears up to deliver substantial returns for its investors in its ongoing presale. Robinhood Makes Solana More Accessible in Europe In a significant development, Robinhood has expanded its services in Europe by introducing Solana (SOL) staking, allowing eligible customers to[Read more…]
21
May
May
Significance of the $180-$185 Resistance Zone Ted, a crypto expert from TedPillows, highlights the importance of the $180-$185 resistance zone for Solana (SOL). He emphasizes that failing to surpass this level may lead to a retest of the $150 support, a crucial price floor that SOL has relied upon in recent trading sessions. If SOL[Read more…]
21
May
May
Shiba Inu’s Struggle in Current Market Shiba Inu’s inability to break through the 50 EMA is a problematic situation for the asset as it limits the potential SHIB had in the current market recovery phase. Unfortunately, the lack of trading volume and inflows suggests we are not going to see any changes in the foreseeable[Read more…]
20
May
May
Solana (SOL) Emerges as Cryptocurrency Market Leader Solana (SOL), the native token of the high-speed blockchain network, is emerging as a frontrunner in the recent cryptocurrency market rebound. SOL has surpassed most major digital assets and is now setting its sights on potentially reclaiming its cycle highs. Solana’s price movements suggest a potentially bullish inverse[Read more…]
