Author Archives: Coingape.com

After suffering a major network outage, the Solana blockchain is reportedly back up and running successfully. A single misconfigured node took down the entire network. However, Solana has tolerated a series of shutdowns over the year. Solana validators struggles Solana informed that its network is not able to process the transactions. Developers are working to diagnose[Read more…]

Solana suffers another major outage as a single misconfigured node takes down the entire network on Saturday. With the Solana network being offline, validators are unable to process transactions. Solana team has now asked validators to perform a Solana Mainnet restart, requiring at least 80% stake to restart. As a result, Solana’s (SOL) price falls over 6%[Read more…]

The daily technical chart shows the Solana coin price is in a short-term range-bound rally. Furthermore, this sideways is restricted within the top resistance of $47.4 and bottom support of $26. The coin holders should keep a keen eye on these levels as they will have a significant impact in the near term future. The ongoing bear cycle within[Read more…]

The Solana (SOL) price displays a bullish reversal opportunity with a double bottom pattern at the psychological Mark of $30. However, the declining 50-day EMA opposes the bullish growth to reach the neckline at $38. So, should you consider taking a bullish trade or wait until prices exceed $38? During the last few bearish weeks, the SOL/USDT chart shows[Read more…]

The recent sell-off in the crypto market offset the prior recovery in Solana price. The buyers currently stall this downfall at local support of $32.7, but the low volume activity in their attempts keeps the correction threat on the table. Thus, will buyers resume the bullish recovery from this support, or is further downfall on its[Read more…]

The ongoing recovery in Solana price pierced the $36.25 resistance, offering a breakout opportunity for interested traders. Thus, the altcoin climbing up the ladder indicates the buyers are attempting to resume the prior recovery rally. Moreover, steady growth in volume activity accentuates the buyers’ confidence in this recovery and aims for the last swing high of $48.5 Key points[Read more…]

Solana’s price recovers from the reliable support zone of $30.46. Now, the price hovers near the critical resistance zone. The current market structure and the technical setup favor the bullish view. As of writing SOL/USD is trading at $33.47, up 2.31% for the day. The ninth largest cryptocurrency by market cap holds the 24-hour trading volume[Read more…]

After an abysmal showing yesterday, the crypto market is experiencing a major rally. Bitcoin prices were down by close to 6% yesterday. However, BTC has rallied since then to trade at $19,333. It has increased close to 3% in the last 24 hours.  Altcoins are showing a stronger performance than Bitcoin. The Ethereum price was down by 8% yesterday.[Read more…]

Solana (SOL) price analysis remains bullish for the day. Since the beginning of the September series, SOL gained nearly 11%. After consolidating near $30.0, the price extends the price movement in the higher direction. SOL on the daily chart formed a “Bullish Shark” Harmonic pattern. In a bullish Shark pattern, however, the second top is higher than the[Read more…]

There are speculations that Pantera Capital Chief Operating Officer (COO) Samir Shah has left the cryptocurrency-focused investment company just after two months. Samir Shah’s LinkedIn Profile is primarily the reason why the media is talking about him leaving the firm. He joined Pantera in July this year. At the time of his joining he is quoted to[Read more…]