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SOLANA NEWS REPORT – Page 23 – Solana Chain News – One Stop News Solution for Solana

Author Archives: SOLANA NEWS REPORT

3 Solana Competitors with the Potential for a 100x Return in May

Stacks (STX) Stacks (STX) has recently made waves in the cryptocurrency world as a new layer on Bitcoin, introducing smart contracts and decentralized apps that use Bitcoin as the primary asset. This approach allows transactions to be finalized directly on the Bitcoin blockchain. Despite its technological success, the price of Stacks has dropped to $1.96,[Read more…]

DIP Token Sinks 29% Amid Surging Interest in New Solana Casino with Over $660K in Revenue

Buy The DIP Price Drops 29% as Market Declines The price of Buy the DIP (DIP) fell by 29% in the last 24 hours, trading at $0.00206 as of 04:48 p.m. EST. The trading volume also saw an increase of 3%, reaching $12.3 million. This significant dip comes amid a broader decline in Bitcoin and[Read more…]

Is Solana’s $160-level Struggle a Sign of Recovery or More Trouble Ahead?

Solana’s $160-Level Struggle: Can Bulls Break Through or Is There More Trouble Ahead? Solana (SOL) recently faced rejection at the key $160 resistance level, raising questions about its future trajectory. Despite high user activity metrics in recent weeks, a deeper dive reveals that a significant portion of this activity comes from MEV (Miner Extractable Value)[Read more…]

3 Cryptocurrencies Set to Rally in May: Bitcoin, Solana, and Binance Coin

Bitcoin’s Enduring Profitability: Aiming for $100,000 Bitcoin (BTC) has long been the gold standard in the cryptocurrency world, and its current dip from recent highs has many analysts predicting a potential surge past the coveted $100,000 mark. With its recent all-time high reaching $73,750.07, Bitcoin’s current price around $63,056.48 signals a temporary dip before a[Read more…]

Solana Whales Shift Focus: 100 Million SOL Sold to Fund Rapid-Growth Blockchain’s Fastest Presale

Solana Whales Offload 100 Million SOL The cryptocurrency market is always in flux, and the latest event in Solana (SOL) demonstrates just that. Solana whales—entities holding significant amounts of SOL—have sold off a substantial 100 million SOL tokens. The reasons behind this dramatic sell-off are still unclear, but speculation points towards a shift towards Algotech[Read more…]

Analyzing Solana’s Market Trends and Price Fluctuations

Solana’s Market Dynamics: Trends and Predictions Solana, one of the leading smart contract platforms, has made a name for itself with its robust ecosystem. Despite this, it hasn’t been immune to the broader market downturn. The ongoing bear market has halted Solana-based meme coins and the SOL Coin’s rally, which began on March 20. What[Read more…]

Analyst Predicts Solana (SOL) Could Surge to $500

Solana’s Recent Dip: A Potential Buying Opportunity Solana (SOL), a prominent cryptocurrency, has experienced significant price fluctuations lately, leading many investors to ponder its future trajectory. The latest price drop may present a buying opportunity, supported by technical indicators pointing to near-oversold conditions and a broader bullish trend. Price Levels and Support Zones Fibonacci retracement[Read more…]

Market Analyst Advises Solana Holders to Sell; Recommends Shiba Inu (SHIB) and a Promising DeFi Altcoin for 2024 Gains

Market Expert Advises Selling Solana Amid Potential Price Drop Investors in the cryptocurrency market often rely on experts to navigate the complexities and fluctuations inherent in the industry. Recently, a notable market expert has issued a warning for those holding Solana (SOL), suggesting that the popular blockchain may be headed for a significant price decline.[Read more…]

Experts Recommend These Alternative Altcoins Instead of Solana for Investment

BlastUP Token: A Crypto Gem with 1000% Potential One of the altcoins gaining attention is BlastUP, a token with a unique value proposition. BlastUP operates on the Blast platform, which provides launchpad services for crypto startups. The token has attracted over 12,000 active users, raising over $5 million in its ongoing presale. Crypto analysts suggest[Read more…]

Solana Reports Significant Growth in Institutional Portfolios, According to CoinShares Data

Institutional Investors Increasing Exposure to Altcoins, Solana Leading the Way Institutional investors are diversifying their portfolios to include altcoins, with Solana (SOL) emerging as a popular choice. According to a recent report by CoinShares, there has been a “dramatic increase in allocations” from wealth managers and hedge funds toward Solana. This shift signifies a broader[Read more…]