Solana’s Impressive Gain and Market Overview Solana (SOL) has experienced a notable surge of 6.24% in the last 24 hours, extending its overall gains. As the market recovers, investors are turning their attention to five promising altcoins. Solana’s Current Position and Potential Pullback Solana has exhibited remarkable growth, soaring by 350% over the past year.[Read more…]
Author Archives: SOLANA NEWS REPORT
In Brief Solana (SOL) price broke out from a long-term descending resistance trend line and accelerated its rate of increase in September. The weekly timeframe Relative Strength Index (RSI) and daily timeframe count are both bullish, supporting the ongoing increase. Despite the bullish SOL price prediction, a daily close below the $48 horizontal support area[Read more…]
Solana Price Rebound and Market Overview Solana price prediction reveals SOL’s rebound from $54 support, offering bulls an opportunity to Dollar-Cost Average (DCA) ahead of a potential falling wedge pattern breakout to $66. Market Challenges and Binance Developments Solana Price Prediction sheds light on the competitive smart contracts token facing selling pressure, a trend seen[Read more…]
The Rise of Solana in November Solana is experiencing its most bullish month on record, with significant metrics such as trading volume, token price, and total value locked all showing upward trends. Decentralized exchanges (DEX) on Solana reached an unprecedented $5.1 billion in monthly volume for November, surpassing its previous peak of $2.8 billion in[Read more…]
Solana Dog Coin Bonk (BONK) Surges Higher The Solana dog coin Bonk (BONK) experienced a notable surge in early Wednesday trading, climbing from a low of $0.00000347 to an intraday high of $0.0000051. According to TradingView data, BONK is currently showcasing intraday gains of 31.36%. Meanwhile, CoinMarketCap data reports a 16% increase in the last[Read more…]
Solana (SOL) Current Market Update As of the latest data, Solana (SOL) is currently trading at $54.73, reflecting a 2.77% decline over the past 24 hours. The cryptocurrency faced challenges attempting to surpass the $67.9 mark, encountering substantial selling pressure in the process. After a significant surge in mid-November, where SOL reached approximately $0.68, reminiscent[Read more…]
Pyth’s Thrilling Airdrop on Solana Sparks a Whirlwind Trading volume soars, fees hit records, and new token accounts surge as PYTH announces an airdrop of around 250 million tokens on the Solana network. PYTH Airdrop on Solana On 20th November, Pyth, a decentralized finance (DeFi) oracle network, initiated an airdrop for its PYTH token, built[Read more…]
In the Ever-Evolving Blockchain Landscape In the ever-evolving landscape of blockchain technology, various platforms vie for supremacy, each with its unique set of features and innovations. This article delves into the key characteristics of Solana(SOL), Cardano(ADA), and Euler Network, with a special focus on the groundbreaking contributions of Euler Network. Solana: Speeding Up The Blockchain[Read more…]
Introduction The cryptocurrency market is experiencing fluctuations, with Ethereum, Solana, and the emerging Rebel Satoshi making headlines. Let’s delve into the recent developments and investment opportunities. Ethereum’s Performance Ethereum (ETH) faced a 5% loss, but analysts anticipate a rebound before the end of November. On November 11, ETH traded around $2,075.00, jumping to $2,115.78 after[Read more…]
Solana Vulnerable to Further Declines: Bearish Signals Mount Solana’s native token, SOL, now appears vulnerable to further declines after shedding gains from a multi-week rally. According to crypto analyst Rekt Capital, losing two crucial price floors suggests gathering weakness. Rekt Capital notes Solana had climbed nearly 80% off its November lows before encountering stiff overhead[Read more…]