Author Archives: SOLANA NEWS REPORT

The Shiba Inu Ecosystem’s Journey The Shiba Inu (SHIB) ecosystem has experienced a roller-coaster year, marked by significant events such as the lackluster launch of Shibarium, which failed to make a substantial impact on the meme coin market. Despite this, SHIB has managed to maintain its low trading values, recently revisiting the price levels last[Read more…]

1. Network Growth and Evolution According to the recently released Solana Validator Health Report, the Solana validator network continues to experience significant growth. This growth is measured through key metrics including node count, Nakamoto Coefficient, and node distribution and diversity. 2. Rapid Progress as a Multi-Client Network There has been remarkable progress in Solana’s evolution[Read more…]

Quick Overview Solana led interest among altcoin funds last week, adding $24 million — registering its largest inflows since March 2022. Overall, digital-asset investment products recorded net inflows for the second successive week and the most since July, adding $78 million — dominated by bitcoin investment products. Digital-Asset Investment Products Overview Digital-asset investment products at[Read more…]

Solana Takes Center Stage in Altcoin Investments Solana, a prominent player in the digital asset space, recently achieved a remarkable milestone by attracting a record-breaking inflow of $24 million. This substantial investment surge, the highest since March 2022, emphasizes Solana’s growing popularity among altcoin investors. In the last week alone, Solana witnessed substantial interest, solidifying[Read more…]

Solana Price Prediction: Can SOL Crypto Rebound? Solana price prediction suggests that SOL cryptocurrency could make a rebound from its current level to initiate a recovery phase. However, SOL crypto has undergone a turbulent journey on the daily chart. To move towards an upward recovery, it’s crucial to accumulate more buyers. Currently, SOL crypto appears[Read more…]

A Closer Look: Dissecting The Solana Inflow Surge Last week witnessed a significant surge in inflows for Solana, making it a leader in altcoin investment interests and outshining Bitcoin. According to a recent report from Coinshares, Solana amassed approximately $24 million, marking its largest inflow since March 2022. Diving into the numbers, the broader digital-asset[Read more…]

Solana (SOL): Still Showing Bullish Signals The cryptocurrency market is dynamic, and tokens like Solana (SOL) are capturing attention. Despite facing competition from Base Protocol (BASE) with a TVL briefly surpassing SOL, it remains resilient. Solana’s recent collaboration with Visa has injected new hope into the ecosystem. Experts predict that Solana’s price could reach as[Read more…]

Solana’s Institutional Inflows and Price Movement Despite a slight retracement, the recent crossover of SOL’s 30-day exponential moving average above its 200-day average indicates a potential breakout on the horizon. Solana, a strong competitor to Ethereum, has been garnering significant attention in the crypto sphere due to substantial institutional investments. In September, SOL’s price soared[Read more…]

Petty Transactions Gaining Momentum on Solana A practice is considered mainstream when even a common individual is able to bring it into routine. Cryptocurrency, as a whole, is still struggling to go mainstream. However, Solana (SOL) is striking as being a convenient payments platform. A recent report notes the network is recording rising transaction activity.[Read more…]

Solana Price Update: Recent Market Analysis The Solana price has experienced a 2.5% decline in the past 24 hours, dropping to $22.81, coinciding with a broader market dip of 0.5%. This fall comes as the underlying Solana blockchain introduces an update enabling confidential transactions among users, enhancing network privacy. Recent Performance and Predictions Despite a[Read more…]