Author Archives: SOLANA NEWS REPORT

Solana’s Remarkable Growth Since October 2023, Solana (SOL), often referred to as the Ethereum killer, has witnessed substantial growth in both its network and price action. However, the most noteworthy development in recent months has been in SOL’s price, surging over 368% year-to-date. It has risen from a low of $7.95 in 2022 to an[Read more…]

Crypto Analyst’s Perspective on Solana’s Future A prominent crypto analyst, known as Altcoin Sherpa, has provided insights into the trajectory of Solana (SOL), positioning itself as a strong contender against Ethereum (ETH). Altcoin Sherpa, with a substantial following of 200,700 on X social media, anticipates a significant upward movement for Solana but issues a cautionary[Read more…]

Solana’s Remarkable Price Surge Since January, Solana has experienced an astonishing 430% increase, soaring from $10 to over $71 at the time of writing. Despite the overall success of SOL and the ecosystem in 2023, Solana’s mobile device, Saga, has faced challenges. Internal discussions regarding the future of Saga have arisen due to disappointing sales,[Read more…]

Analyst Insights on Solana’s Price Action Ali, a crypto analyst, recently shared insights about Solana’s current price action in a tweet. He highlights that Solana (SOL) is approaching the apex of an ascending triangle pattern on its 12-hour chart. While this pattern suggests further gains for SOL, caution is advised. Ali mentions that a sustained[Read more…]

Jito Network Overview Jito Network operates on the Solana Blockchain, featuring the JitoSOL liquid staking pool and the Maximal Extractable Value (MEV) product collection. These components play a crucial role in contributing to the Solana ecosystem. What is Jito? Jito Network, a protocol on the Solana Blockchain, facilitates liquidity and decentralized finance (DeFi) opportunities through[Read more…]

Solana’s Prominent Market Momentum Solana (SOL), a leading altcoin, is currently experiencing a significant surge in market momentum, aligning itself with the prevailing bullish trend in the cryptocurrency sector. This surge is characterized by SOL’s price gearing up for a breakout rally, with its sights set on overcoming multiple resistance levels. Currently, SOL is finding[Read more…]

Solana (SOL) Ecosystem: Airdrops and Increased Activity According to a recent Messari report, the Solana (SOL) ecosystem is poised for increased activity in the upcoming months. This surge is anticipated to be driven by DeFi projects distributing airdrops to users. The SOL token is expected to benefit from this development, accompanied by a gradual rise[Read more…]

Nova Labs’ Helium Mobile Unveils Unlimited Data Plan Nova Labs’ Helium Mobile service has introduced a groundbreaking nationwide mobile plan in the U.S., offering unlimited data, text, and talk for just $20 a month. In a recent blog post published on Tuesday, Helium Mobile announced the official launch of its unlimited mobile plan, claiming to[Read more…]

Solana’s Resurgence Continues, Daily Active Wallets Surpass Ethereum Solana (SOL), the fourth-generation blockchain, has recently made a significant comeback based on on-chain metrics. According to Artemis data, Step Data Insights on X highlighted that Solana’s daily active wallets have surpassed Ethereum’s, the pioneer smart contract platform. This notable development coincides with SOL prices breaking through[Read more…]

Solana’s November Transaction Performance Solana has demonstrated remarkable performance, particularly in key metrics such as transaction volume. In November alone, Solana recorded an astounding 622 million transactions. Recent data from Crypto Rank highlighted Solana’s dominance by having the highest transaction volume among the top blockchains for November. Solana’s Growing Total Value Locked (TVL) Solana is[Read more…]