Author Archives: SOLANA NEWS REPORT

Exploring Crypto Marvels: Solana and Avalanche Ever felt that tingling sensation when you’re on the verge of discovering something monumental? That’s the crypto world for you. A universe filled with mind-boggling opportunities, where every decision can either lead to a goldmine or a landmine. Among the glittering stars of this universe, Solana and Avalanche have[Read more…]

GameStop Memes and Crypto Presale Back in 2021, if you were frequenting Reddit, you’d have been swept up in the GameStop Memes whirlwind—a financial saga where the everyday trader took on the Wall Street titans, making a few go belly-up. This pivotal GameStop wave in financial history is now riding the crypto presale tide. Parallelly,[Read more…]

Bitcoin’s Resilience Amid Market Heat Despite the heat in the crypto market, Bitcoin’s staying power near the $37,000 grand mark is quite a standout. This resilience is particularly noteworthy given the broader context of crypto market fluctuations, where the total liquidations in the past 24 hours come in at $130.81 million, according to CoinGlass data.[Read more…]

Solana Price Correction Overview Solana (SOL) recently experienced a rally surpassing the $65 resistance against the US Dollar. However, the current trend suggests a correction, and there’s a possibility of the price sliding below the critical $50 support level. Technical Analysis SOL initiated a significant uptrend, breaking above the $60 resistance before encountering bearish pressure[Read more…]

A Top Analyst’s Perspective on Emerging Trends A top analyst in the cryptocurrency space has identified potential uptrends in several digital assets, including a Solana (SOL) competitor that has been flying under the radar. SUI: Breaking Out from Downtrend Pseudonymous analyst The Flow Horse shared insights with his 188,000 followers on X, highlighting that layer-1[Read more…]

Daily Transactions on the Solana Network Making History Solana (SOL), with its impressive price increase this year, has attracted many investors and set a new record by reaching the highest total daily transaction count. According to data from Artemis, Solana reached 51.63 million, the highest daily transaction count of the year. This significant milestone came[Read more…]

Solana (SOL) Price Movement At the time of writing, SOL is trading at $59.12, reflecting a 2.72% increase in the last 24 hours. If the price manages to surpass the $59.7 mark, there are indications that it will likely test the $62 resistance level. Whale Transaction Impact A crypto whale recently executed a significant transaction[Read more…]

Solana (SOL) Records Significant Surge in Daily Transactions Solana (SOL) has experienced a remarkable increase in total daily transactions over the past three months, attracting renewed interest in its ecosystem. Solana Sets Historic Daily Transaction Record Solana (SOL) has not only impressed investors with its year-to-date price growth but has also made history by reaching[Read more…]

BIT Exchange Responds to Institutional Demand with Solana (SOL) Options Trading BIT Exchange recently announced its decision to launch Solana (SOL) options trading, driven by the escalating institutional demand. This move comes as Solana emerges as a leading blockchain, experiencing a remarkable 400% surge in 2023, coupled with a growing user base and heightened developer[Read more…]

Solana Competitor SEI Network Surges Over 110% A blockchain project, The Sei Network (SEI), which positions itself as a competitor to Solana (SOL), has experienced a remarkable surge in value following an investment from stablecoin issuer Circle (USDC). After the announcement from Circle, SEI reached a peak of $0.250, marking a substantial increase of over[Read more…]