Despite Increased Volatility, SOL Price Remains Bearish In the volatile cryptocurrency market, SOL coin is struggling to break free from bearish pressure. Despite attempts, it fails to breach the resistance zone, indicating weak price action. Since mid-April’s market correction, Solana’s price has oscillated within a range of $126.75 to $180.75, establishing a critical price range[Read more…]
Author Archives: SOLANA NEWS REPORT
Buckle up, crypto enthusiasts; Solana has been making waves lately with whispers of explosive growth. Even Ethereum holders, known for their selective taste, are looking for the next big thing. Could this be Raboo? the meme coin that’s got everyone buzzing. Not only is it projected for a mind-blowing 100x surge, but its presale success[Read more…]
Solana’s Recent Performance and Macroeconomic Factors Solana’s native token, SOL (SOL), experienced a downturn on June 11, reaching a four-week low of $145, reflecting a 15.8% drop in just four days. This decline exceeded the broader cryptocurrency market’s downturn, which saw a 10% decrease in total capitalization over the same period. The macroeconomic landscape, characterized[Read more…]
Do You Regret Missing the Bitcoin Boom? Here’s Your Second Chance! Do you envy that one friend who got in early on the Bitcoin bandwagon and is now literally a millionaire? It’s okay to regret opportunities that passed you by, but did you know you can get a second bite at the cherry? Bitcoin was[Read more…]
Solana Foundation Removes Validator Operators Involved in Sandwich Attacks on Traders The Solana Foundation has taken a firm stance against malicious activity within its network by removing a group of validator operators from its delegation program. These validators were found to be involved in sandwich attacks, a type of fraudulent activity that exploits retail traders[Read more…]
A New Era of Crypto Adoption A whopping 560 million people, that’s 6.8% of the entire planet, are now diving headfirst into the world of crypto! There are many success stories that not only highlight the explosive potential of smart crypto choices but also remind you that the timing is crucial. The Need for Stability[Read more…]
Solana’s Recent Descent: Analysis and Outlook Solana’s (SOL) recent descent toward the 50-day EMA for the first time since its ascent in May has sparked a cautious eye among investors. This movement, while not entirely reassuring, doesn’t necessarily sound alarm bells for SOL enthusiasts. The significance of the 50-day EMA cannot be overstated in Solana’s[Read more…]
BlackRock Continues To Push The Adoption Of Crypto: The ETF On Solana According to the latest crypto news, BlackRock is ready to request for the ETF on Solana (SOL) next month, a move that could mark an important step for the cryptocurrency and for the blockchain ecosystem in general. In recent years, BlackRock has shown[Read more…]
Ethereum to break $4000 levels? Analyzing Ethereum on the daily time frame, the analyst said that ETH is currently lacking short-term momentum. However, the breakout from the falling wedge pattern remains valid as long as ETH stays above the $3.2K level. This breakout suggests a potential price target of around $4,070. On the 8-hour time[Read more…]
Discovering the Right Time to Buy Solana (SOL) As the global market gradually bounces back from a recent downturn, the cryptocurrency market reflects this hesitant positivity. Bitcoin is facing challenges surpassing the $70,000 mark, with other cryptocurrencies, including those within the Solana network, also going through a slow period. Solana altcoins have a combined market[Read more…]