Author Archives: SOLANA NEWS REPORT

The Rise of SOL Coin The rapid ascent of the king cryptocurrency has significantly impacted altcoins, particularly SOL Coin, leading to the anticipation of new all-time highs. Speculation has circulated for weeks that SOL Coin could surpass the $50 mark, and the first major target has now been achieved as the price successfully breached this[Read more…]

In Brief Solana (SOL) reached a high of $51 today, marking the culmination of a 25-day parabolic rally. The $50 barrier has not been breached since May 25, 2022. While the weekly and daily timeframe Relative Strength Index (RSI) are overbought, they both still support the continuation of the increase. Despite this bullish SOL price[Read more…]

Ethereum Breakout Ethereum has recently broken out of a long-standing ascending triangle, signaling its readiness to seize the spotlight from Bitcoin. However, when considering long-term prospects, Solana emerges as a potentially superior option. Ethereum Breakout Impact With Ethereum’s breakout from an ascending triangle since June 2022, the cryptocurrency market anticipates significant momentum. The market looks[Read more…]

Amid the Solana Rally SOL has exceeded the 15-month resistance at $46, hinting at a potential extension of the surge. Solana Continues to Surge Solana continues its impressive price rally, surging an additional 7% and crossing the $47 mark. The recent surge is fueled by BlackRock filing for a spot Ethereum ETF. Solana Price Rally[Read more…]

Solana’s Unstoppable Price Rally Solana (SOL), the Layer-1 competitor of Ethereum, has continued its unstoppable price rally, surging over 6% in the past 24 hours to surpass $47. This recent price rally in SOL has been fueled by the news of BlackRock’s application for a spot Ethereum ETF. Price Rally in Solana Solana’s major rally[Read more…]

NuggetRush, Solana, and Arbitrum: Weekly Crypto Recap NuggetRush (NUGX) NuggetRush (NUGX) offers an immersive play-to-earn (P2E) experience where users mine minerals and earn valuable rewards. It includes non-fungible token (NFT) characters, realistic gameplay, and plans for an active marketplace. Solana (SOL) Solana (SOL) achieved a milestone by making its nodes deployable on Amazon Web Services[Read more…]

Solana and BorroeFinance: Altcoins Making Waves in the Crypto Space With Solana (SOL) emerging as the most traded altcoin on US-based exchanges, the seventh largest cryptocurrency based on market cap continues to make waves. On the other hand, BorroeFinance ($ROE) is crafting a name for itself as one of the top altcoins with a real-life[Read more…]

Solana (SOL) Maintains Impressive Growth Solana (SOL) has started the month with strong momentum, consistently recording significant gains in recent days. The cryptocurrency reached a weekly high of $45.36 on November 1 before experiencing a minor pullback. After briefly dipping to the $40 price level, bullish momentum has returned, with the intention of pushing SOL[Read more…]

OKX Web3 and Solana Collaborate for Solana Ecosystem Week 2.0 In an exciting collaboration, OKX Web3 and the Solana Ecosystem have joined forces to announce the eagerly awaited “Solana Ecosystem Week 2.0.” This event showcases their dedication to nurturing growth and innovation within the rapidly expanding Solana ecosystem. OKX Wallet Enhances Solana Ecosystem Development The[Read more…]

FTX Estate Transfers 750,000 SOL to Binance and Kraken On Monday, the FTX estate transferred 750,000 SOL to crypto exchanges Binance and Kraken, as part of its bankruptcy procedures. This move comes amidst FTX’s aggressive selling of cryptocurrency holdings in recent weeks, which has put selling pressure on Solana (SOL). Solana’s Current Market Status As[Read more…]