Author Archives: SOLANA NEWS REPORT

An FTX-Related Wallet’s Impact on Solana An FTX-related wallet unstaked SOL tokens worth millions of dollars on 5th December, and it’s essential to assess how this move affected Solana’s current status. Solana’s Performance After the Move Solana experienced a positive trend, with a more than 7% increase in the last 24 hours at press time.[Read more…]

Crypto Analyst Envisions Solana (SOL) Soaring to New Heights A well-known crypto analyst, operating under the pseudonym Inmortal, has shared optimistic insights about Solana (SOL), a prominent Ethereum (ETH) competitor. Inmortal, with a substantial following of 202,700 on the social media platform X, recently presented a chart projecting a remarkable surge in SOL’s value, aiming[Read more…]

Analyst Highlights Bearish Signals for Solana In a recent analysis, Ali, a respected analyst, has raised concerns about the potential for a correction in Solana (SOL). This assessment is based on the observation of two key technical indicators: the TD Sequential and the Relative Strength Index (RSI). TD Sequential Indicator The TD Sequential indicator, developed[Read more…]

Bitcoin Surpasses $42,000, But SOL Coin Lags Behind Investors have witnessed Bitcoin surging past $42,000, but SOL Coin has yet to reach higher peaks. This discrepancy may be attributed to investors shying away from altcoins, anticipating a sustained BTC rally. Let’s delve into the current situation to gain insights into Solana (SOL). Why Did Solana[Read more…]

Solana (SOL) Price Movement Ethereum Layer-1 competitor Solana (SOL) has experienced some price volatility this week, fluctuating between $60 and $65. Despite a 7% dip earlier in the week, the Solana (SOL) price has rebounded, currently showing a 6.5% increase and trading at $64.28 levels. Solana Co-Founder Discusses Astounding Recovery and Saga Phone In a[Read more…]

Solana (SOL) Price Correction and FTX Cold Wallet Transfers Solana’s price, currently above crucial support at $59, is undergoing a correction, with analysts anticipating a swift recovery that could propel SOL beyond $70. Amidst a period of mild consolidation in the broader cryptocurrency market, Solana (SOL), a leading competitor to Ethereum Layer-1, is experiencing a[Read more…]

Solana’s TVL Skyrockets: A Decisive Leap In The DeFi Landscape Solana’s decentralized finance (DeFi) ecosystem has recently achieved a remarkable milestone, with its Total Value Locked (TVL) soaring to an impressive $655 million. This significant increase, doubling from $326 million at the beginning of October, marks a decisive moment for Solana in the competitive DeFi[Read more…]

The Rise of BONK: Solana’s Meme Coin Gains 762% in 30 Days As Solana continues its upward trajectory in recent weeks, its leading meme coin, BONK, is experiencing remarkable gains, soaring by an impressive 762% over the past 30 days. Meme coin mania shows no signs of slowing down, and Solana’s dog-themed token, BONK, has[Read more…]

Anticipation of Potential Interest Rate Cuts Driving Bullish Sentiment Anticipation of potential interest rate cuts by the Federal Reserve is driving bullish sentiment in the markets today. This optimistic tone resonates throughout various sectors. In particular, gold prices have surged to an impressive $2,100, marking a record high. A similar mood is seen in the[Read more…]

BONK Coin Reaches All-Time Highs BONK, a meme coin operating on the Solana network, quietly achieved a new all-time high of $0.000006666 during today’s trading session. Over the weekend, BONK experienced a notable surge in value, and today, it witnessed a remarkable spike of over 22%, as reported by CoinMarketCap. Riding the Meme Coin Trend[Read more…]