Author Archives: SOLANA NEWS REPORT

FTX and Alameda’s Strategy for Liquidating SOL Tokens Solana (SOL) is currently under downward price pressure as FTX and Alameda proceed with the liquidation of SOL tokens valued in millions. In an effort to repay creditors, FTX and Alameda have been executing a strategy to liquidate the cryptocurrency assets they hold. A wallet associated with[Read more…]

Investing in Promising Cryptocurrencies Investing in Solana ($SOL), Cardano ($ADA), and InQubeta ($QUBE) proves to be a lucrative venture in today’s crypto market. These cryptocurrencies have witnessed substantial growth recently, making them attractive options for investors. InQubeta: Revolutionizing AI Investments InQubeta has emerged as a leading DeFi project, raising over $3.8 million in its presale.[Read more…]

Solana’s Impending Breakout Prominent crypto analyst Bluntz, well-known in the crypto community, suggests that Solana (SOL), a strong contender against Ethereum, is on the brink of a significant breakout rally that is expected to surpass both ETH and Bitcoin (BTC). Bluntz also expressed optimism about Bitcoin’s future, indicating an imminent strong breakout. Key Predictions and[Read more…]

Solana Price Prediction: Will Selling Pressure Lead to a Pullback? The Solana coin has experienced remarkable growth since mid-September, soaring from $17.41 to its current trading price of $31.99, marking an impressive 84% increase. However, this bullish momentum is currently facing resistance at the $34 level due to heightened selling pressure in the broader cryptocurrency[Read more…]

Overview VanEck, a renowned global asset manager, recently released a report titled “VanEck’s Base, Bear, Bull Case: Solana Valuation by 2030,” authored by Matthew Sigel and Patrick Bush. The report provides insightful projections for Solana’s long-term valuations. Projected Solana Valuations VanEck’s report outlines multiple scenarios for Solana’s valuation by 2030. According to their analysis, the[Read more…]

FTX and Alameda Making Solana Transfers PeckShieldAlert reported that on October 28, a wallet address affiliated with FTX transferred 309.2 thousand SOL tokens worth over $9.9 million. FTX and Alameda Research still hold EVM assets worth $736 million following various deposits made to crypto exchanges in the past few days. In the last 24 hours,[Read more…]

Solana’s Recent Performance and Resistance Levels Solana, a rising star in the crypto market, has surged by 21% in the past week, reaching $32.77. The cryptocurrency is approaching a crucial resistance level at $33.6. If breached, it could lead to exciting price levels such as $35.9 and even $43.4. However, the Relative Strength Index (RSI)[Read more…]

SOL Tokens Liquidation Overview Solana (SOL) price faces selling pressure as FTX and Alameda Research execute the plan to liquidate crypto assets. A wallet address linked to FTX, a prominent crypto exchange, transferred $10 million worth of SOL tokens on Wednesday. This move is part of their strategy to repay creditors and comply with a[Read more…]

Solana’s Impending Breakout: A Crypto Analyst’s Perspective A well-known crypto analyst, Bluntz, with a significant following, has recently shared insights on Solana (SOL), a prominent Ethereum (ETH) competitor. According to Bluntz, SOL is poised for a breakout that could surpass both ETH and Bitcoin (BTC) in performance. Bluntz, a pseudonymous trader, conveyed to his 225,000[Read more…]

Is $50 in Sight for Solana? On the daily timeframe price chart, Solana’s price indicates the formation of an ascending channel pattern. Over the past 11 months, the altcoin has been moving within this pattern, encountering dynamic resistance and support. SOL, which has seen a 0.84% decrease in the last 24 hours, is approaching the[Read more…]