Solana Price Overview Solana (SOL) is currently trading at approximately $19.5, experiencing minimal price fluctuations over the past week. In July, SOL successfully breached the critical $20 resistance level and the 200-day moving average, initiating a robust rally of more than 50%. This surge in price pushed SOL towards formidable resistance within the $25-$30 range.[Read more…]
Author Archives: SOLANA NEWS REPORT
Daily Price Analysis It can be seen that Solana is moving towards support on the daily chart. If the price closes above 18.2 on a daily basis, it can move towards the level of $25.5. If the price closes below 18.2 on a daily basis, it can make a downward movement towards the range of[Read more…]
The Potential Investment Opportunity in Solana (SOL) The decline in key network metrics of Solana may present an investment opportunity. A crypto influencer recently projected a $100 target for SOL, which would mark a 410% hike. The influencer cited Solana’s recent collaborations with Shopify, Visa, and MakerDAO as potential catalysts for SOL. Crypto Influencer Alex[Read more…]
Solana (SOL) Price Analysis Solana’s SOL cryptocurrency is currently maintaining its position above the critical $19.00 support level. Investors are closely monitoring the price as it hovers between $20.20 and $20.50, hoping for a potential upward surge. Previous Predictions In our previous analysis, we discussed the possibility of SOL’s price declining against the US Dollar,[Read more…]
MKBHD’s Review Historical Context and Build Quality Marques Brownlee, widely known as MKBHD, begins his review by tracing the Saga’s lineage back to the Essential Phone, a promising but ultimately unsuccessful venture launched in 2017. The Essential Phone’s team later formed OSOM, which collaborated with Solana to create the Saga. Brownlee lauds the phone’s build[Read more…]
Solana’s TVL Decline Most Solana projects registered a decline in their TVLs over the last seven days. Its NFT ecosystem, however, thrived. Solana NFT Traders on the Rise The number of Solana NFT traders rose in the last seven days. SOL Price and Social Volume SOL was up by more than 1.5% at press time,[Read more…]
Price Surge and Key Partnerships The price of Solana (SOL) surged by over 4.2% in the last 24 hours, reaching $20.21. Solana’s recent surge can be attributed to key partnerships with Shopify, Maker, and Visa. Solana’s Strong Performance The popular altcoin Solana (SOL) has garnered attention for its strength and potential in the ever-evolving crypto[Read more…]
InQubeta’s Rise in the Crypto Landscape While Solana is an established platform, InQubeta is a relatively new project built on the Ethereum network. Nevertheless, the protocol has garnered praise from both analysts and users due to its innovative approach, enabling artificial intelligence (AI) startups to secure funding swiftly. How InQubeta Supports Startup Growth with DeFi[Read more…]
Solana Tapped for Visa Settlement On September 5th, Solana announced a significant partnership with Visa, extending its stablecoin settlement pilot program. Visa initially experimented with blockchain technology using Ethereum for payment settlements with USDC. This expansion to Solana marked a significant achievement for the network, which had faced scrutiny due to its association with FTX[Read more…]
Solana Foundation and HKUST Collaboration On September 6, the Solana Foundation officially announced its exciting partnership with the Crypto Fintech Lab at Hong Kong University of Science and Technology (HKUST) on a groundbreaking initiative. The main objective of this collaboration is to provide comprehensive Solana game courses within the lab’s curriculum. Additionally, students will receive[Read more…]