Author Archives: SOLANA NEWS REPORT

Solana Market Analysis: July Outlook Solana’s market has shown a bearish bias on the daily timeframe, yet remains poised to sustain its long-term bullish outlook. Defense of a Fibonacci level, coupled with liquidity hunts, suggests a potential uptrend may resume. Solana (SOL) has experienced a 2.56% decline over the past week, ranking third in performance[Read more…]

Introduction As the cryptocurrency market anticipates a potential bull run in 2025, investors are eagerly identifying promising altcoins offering substantial returns. This guide explores the top contenders among the best altcoins, highlighting presales gaining traction this July. Leading Altcoins for the 2025 Bull Run BlockDAG (BDAG) BlockDAG (BDAG) stands out with its revolutionary Directed Acyclic[Read more…]

WIF Memecoin Emerges as Top Gainer WIF memecoin has surged to become the top gainer among the top 100 cryptocurrencies in the past 24 hours, showcasing exceptional growth and impact within the market. Solana’s Market Share and Performance Solana holds a commanding 9.64% market share in the memecoin space, surpassing Ethereum and solidifying its position[Read more…]

Overview of Layer-1 Cryptocurrencies Layer-1 cryptos, known for their potential to outperform the market, are key players in the cryptocurrency ecosystem. While Ethereum currently dominates, other contenders like Solana, Aptos, and Avalanche are striving for supremacy. Rollblock: The GameFi Coin with 50x Potential Rollblock (RBLK) emerges as a standout investment option for 2024, driven by[Read more…]

Exploring 4 Tokens with Potential to Mirror Solana (SOL)’s Success Could These Emerging Cryptocurrencies Become the Next Big Thing? Toncoin (TON): Surf’s Up in the Wave of Innovation Toncoin (TON) has recently gained popularity for its innovative blockchain solution integrated into the Telegram network. This integration ensures fast and secure transactions, leading to increased interest[Read more…]

Bitcoin’s Critical Support Levels Bitcoin has lost its footing at around $55,000, triggering one of the biggest liquidations in the history of the cryptocurrency market. Considering the dire state, it is crucial to identify and highlight the thresholds that might act as grounds for a reversal in the foreseeable future. Bitcoin’s first significant support level[Read more…]

The Impact of VanEck’s Solana ETF Filing on Market Sentiment The recent filing of VanEck’s Solana ETF seems to have provided a stabilizing influence on SOL amidst bearish trends, with Bitcoin struggling below $54,500. Despite an initial 8% decline, SOL prices managed to maintain levels above critical support, bolstering optimism among traders regarding a potential[Read more…]

The Solana Price Update The Solana price plummeted over 9% in the past 24 hours to trade at $123.48 as of 12:00 a.m. EST amid the ongoing crypto market turbulence. This drop reflects a larger decline of 16% over the past 7 days and a 28% decrease over the month. Solana Price Testing Critical Support[Read more…]

Ethereum’s ETF Disappointment The second-biggest cryptocurrency, Ethereum (ETH), has retraced to pre-ETF rumor price levels, erasing gains made since May. Despite initial optimism from ETF news, Ethereum’s current price of $3,205 remains significantly below recent highs, reflecting waning market interest. Trading volume has decreased amidst price correction. Lack of significant ecosystem advancements in 2024 contributes[Read more…]

Significant Developments on the SOL Side Recently, significant developments occurred on the SOL side. First, news emerged about a SOL ETF in Canada. Following this, it was announced that VanEck had applied for a Solana (SOL) ETF. After the news, the SOL price increased by 10%. The process, which was not limited to VanEck, reached[Read more…]