Solana Analysis Firstly, looking at Solana, it appears to be showing signs of preparation for a potential price movement above the $160 level. The mentioned price level intersecting with the 50 EMA creates a more significant situation for the price. Solana faces an important resistance level at the $160 mark indicated by the 50-day EMA[Read more…]
Author Archives: SOLANA NEWS REPORT
11
May
May
Slothana’s Performance and Recent Developments Today, the meme coin is experiencing significant growth, driven by recent developments: Introduction of a new burn mechanism by the Slothana team. Trading volumes for $SLOTH reached $11.57 million in the last 24 hours. Listing announcements from exchanges like XT.com and Poloniex. High community trust and a favorable DEXTscore on[Read more…]
11
May
May
Solana Crypto: Recent Surge and Potential Solana cryptocurrency has witnessed a significant surge of over 10% in its intraday session, highlighting substantial buying interest. Key metrics indicate that SOL crypto may indicate a storm brewing in the upcoming sessions. Comparison: Solana (SOL) vs Ethereum (ETH) The recent resurgence of interest in Solana (SOL) crypto has[Read more…]
10
May
May
SOL Price Prediction: Is Solana Falling To $120 This Week? Solana continued its decline below $150 this week as the entire crypto market adjusted to the changing landscape after Bitcoin halving in April. The smart contracts token hovered at $142 after resetting support at $140 but revealed signs of a potential drop to $120 this[Read more…]
10
May
May
Significant Solana Whale Transaction Raises Speculation A significant transaction involving 11 million Solana (SOL) tokens worth $1.57 billion coincides with a drop in SOL’s price below $146. The movement of such a large volume of SOL tokens, part of a series of similar large-scale transactions, is raising questions about potential strategic shifts. Solana’s price experienced[Read more…]
10
May
May
Cementing its Position: Solana’s Recent Surge Cementing its position as a frontrunner among large-cap cryptos, Solana has soared 10% this week. Currently trading at $143, SOL has been the best-performing top-five crypto – so will its positive rally continue? Factors Influencing SOL’s Future Its strong performance has sparked a frenzy on social media, with the[Read more…]
09
May
May
A Comparative Analysis: Solana vs Ethereum A significant discussion has emerged regarding the potential for Solana to surpass Ethereum in terms of total economic value, a metric comprising transaction fees and captured Maximum Extractable Value (MEV) returned to validators. Analyst Dan Smith highlighted that the difference in fees between the two networks was approximately $300,000[Read more…]
09
May
May
Solana (SOL), one of the leading cryptocurrencies, has encountered a modest downturn in the past 24 hours, signaling a slight deviation from its recent upward trajectory. As of the latest data, SOL is down by 3% within this timeframe, accompanied by an 11% decrease in trading volume. Recent Performance Last seven days, SOL has surged[Read more…]
09
May
May
Solana’s recent 5% decline amidst FUD news related to FTX has put $125 million worth of positions at risk. Despite this, the crypto has shown a quick recovery ability, posing a significant risk in short positions. Solana (SOL) Confuses Investors with Various Statistics In the past 30 days, SOL price has seen moments of decline[Read more…]
08
May
May
Solana’s Meteoric Rise and the ‘Rounding Bottom’ Pattern Solana (SOL), often referred to as the ‘Ethereum killer,’ has made significant waves in the cryptocurrency world. Despite broader market trends, Solana has surged 732.20% this year, drawing considerable investor attention. CryptoJack, a well-known YouTuber and crypto trader, has identified a technical pattern that suggests Solana could[Read more…]
