Author Archives: SOLANA NEWS REPORT

Current State of Solana (SOL) Price Amidst ETF Filing Despite Canadian crypto asset manager “3iQ” filing for a new Solana ETF in Canada, SOL price has displayed negative price action this week, indicating a declining interest from investors in this altcoin. Investors are questioning the future of Solana with queries like “Is Solana Crypto dead?”[Read more…]

Meme Coins: From Joke to Credible Tokens Meme coins have evolved from a humorous concept to credible tokens in the cryptocurrency world. They have garnered substantial interest from both regular investors and institutional players, including those from the Solana network. Institutional Interest in Ethereum-Based Meme Coins Ethereum-based meme coins like Raboo are leading the market,[Read more…]

Bitcoin Chart Analysis Bitcoin has been oscillating between $56,552 and $73,777 for several weeks, creating a volatile trading environment. The challenge lies in determining the breakout direction due to the unpredictable nature within this range. Experts suggest waiting for a clear resistance level breach before making significant trades. Bitcoin recently touched the lower boundary of[Read more…]

Bitcoin Chart Analysis Bitcoin has been trading in a wide range between $56,552 and $73,777 for several weeks. Predicting the direction of the breakout is challenging because trading within this range can be random and volatile. Therefore, it might be healthier to wait for the price to break the resistance level before making large trades.[Read more…]

Solana (SOL) Price Analysis Top crypto analyst Alan Santana has provided insights into the ongoing price correction of Solana (SOL). After reaching record highs, Solana has experienced a pullback. According to Santana, this Solana price correction phase could present lucrative trading opportunities once completed. The analysis begins with a major high point for SOLUSDT, marking[Read more…]

The Solana Price Movement The Solana price surged more than 4% in the past 24 hours, reaching $140.73 by 12:00 a.m. EST. After hitting a low of $130.67, SOL managed to recover, achieving its highest point of the trading day. Solana Price Analysis The Solana price is now aiming to reclaim the crucial $136 support[Read more…]

Solana Faces Critical Test at $135 Solana (SOL) is currently testing critical support at $135 amid a strong ascending trendline, which has been a significant factor bolstering its price. The cryptocurrency’s price has shown resilience near this support level despite recent market pressures. Earlier in May, SOL dipped to $120 but quickly recovered, reaching $188[Read more…]

Introduction to Sealana ($SEAL) Solana’s all-American hillbilly Sealana ($SEAL) token has gathered over $5 million during its second month of ICO, leading a new wave of Solana-based meme coins with global investor anticipation of high returns. Sealana joins predecessors such as DogWifHat ($WIF), Bonk ($BONK), Book of Meme ($BOME), and Popcat ($POPCAT), which swiftly ascended[Read more…]

Market Overview Today, on June 18, 2024, the overall cryptocurrency market is experiencing a massive price drop, affecting top assets like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). Amidst this price drop, blockchain-based transaction tracker Whale Alert made a post on X, identifying that a Solana whale moved a massive 500k SOL worth $68.05 million[Read more…]

The Impact of Bitcoin’s Decline on Solana Prices The leading cryptocurrency, Bitcoin (BTC), has witnessed a significant decline in its price, causing a ripple effect across the altcoin market. One of the most affected altcoins is Solana (SOL), a prominent smart contract platform. SOL’s price plummeted to $127.95, marking its lowest level since early May[Read more…]