Author Archives: SOLANA NEWS REPORT

In Brief On-chain data analysis platform revealed that FTX has moved 250,000 Solana tokens worth $10.83 million to the Binance crypto exchange. Crypto trader Neel Kukreti has raised suspicions about Solana’s recent rally, hinting at potential price manipulation. Despite concerns, Kukreti emphasizes the broader market’s rally. FTX, the bankrupt crypto exchange, reportedly transferred 250,000 Solana[Read more…]

Crypto Trader’s Bold Predictions for Solana (SOL) A prominent crypto trader, known as Bluntz, who accurately predicted Bitcoin’s 2018 bear market price floor, is now making waves in the crypto community by forecasting a significant surge for Solana (SOL). Bluntz, who has a following of 226,000 on the social media platform X, suggests that Solana,[Read more…]

FTX Transfers $316 Million in Crypto Assets FTX, a prominent crypto exchange, recently transferred approximately $316 million in digital assets to various crypto exchanges, as revealed by on-chain data. Over the past few weeks, the exchange has been divesting portions of its crypto holdings, including assets such as Solana (SOL) and Ethereum (ETH), as part[Read more…]

Solana’s Uphill Journey Despite Altcoin Market Fluctuations Despite the volatility rocking the altcoin market, Solana, often dubbed as the Ethereum killer, has maintained its upward trajectory over the past two weeks. It continues to shine as one of the top-performing cryptocurrencies in the coveted top ten list. Notably, influential investors such as VanEck have revised[Read more…]

Coinbase Leading The Solana Buying Wave Solana (SOL) has emerged as one of the top-performing cryptocurrencies, particularly when observing its price action on the weekly chart. According to data from Kaiko, SOL’s net buying, measured through cumulative volume delta (CVD), has been significantly influenced by Coinbase, a highly active cryptocurrency exchange in recent trading weeks.[Read more…]

Solana Price Correction Amidst Doubts The price of Solana’s SOL token experienced a significant 36.6% increase in value between Oct. 30 and Nov. 2, reaching $44.50. However, it faced a 10% correction down to $40 on Nov. 6, leading investors to question the reasons behind the recent double-digit rally. Key Developments and Events During the[Read more…]

Solana Breaks Crucial Resistance and Surges to New Highs Solana (SOL) made a remarkable breakthrough in the crypto market, shattering a significant resistance level at $28.16. This surge propelled SOL to exhilarating new highs, capturing the attention of traders and enthusiasts alike. The cryptocurrency’s impressive resilience since July has astonished the community, marking a historic[Read more…]

Solana Emerges as Top Performer in 2023: A Detailed Analysis Solana, the cryptocurrency that has recently gained significant attention, has experienced a remarkable surge in its value. Starting from $21 in mid-October, it surged to nearly $45 last week, solidifying its position as one of the top 10 cryptocurrencies in the market. This surge came[Read more…]

Solana’s Potential Bullish Turnaround: A Detailed Analysis The cryptocurrency market is abuzz with excitement as Solana (SOL) exhibits a potential bullish uptrend, capturing the attention of investors and traders alike. In this analysis, we delve into the key indicators and market trends shaping SOL’s trajectory, providing valuable insights for enthusiasts and professionals. Key Indicators and[Read more…]

Render Network’s Strategic Shift to Solana Blockchain Render Network (RNDR), a leading AI cryptocurrency with a market capitalization of $864 million, is actively shaping the future of blockchain and cryptocurrencies. In a bold move, RNDR has chosen to migrate to the Solana (SOL) blockchain, renowned for its exceptional scalability and lightning-fast transaction rates. This strategic[Read more…]