Author Archives: dailyhodl.com

Solana-based Everlend shutters operations amid shrinking lending market

Despite considering itself an “excellent product” and having “enough runway,” Everlend said it would be a “gamble” to move forward. Decentralized finance (DeFi) lender Everlend Finance shut down its operations on Feb. 1, citing the liquidity crunch in the lending market. The Solana-based protocol said that it decided to close its platform despite having “enough[Read more…]

Macro Guru Raoul Pal Says One of Ethereum’s Top Rivals Reminds Him of When ETH Was Down 97% in 2018

Former Goldman Sachs executive Raoul Pal says one of Ethereum’s (ETH) top rivals offers a big opportunity to investors after a price fall. In a new strategy session video, the macro guru tells his 52,800 Youtube subscribers that Solana (SOL) has a lot working in its favor to ignite an eventual bull run. Pal says that despite[Read more…]

Top Crypto Analyst Warns Cardano Could Crash Further by Over 50%, Predicts What’s Next for Solana and Fantom

Closely followed crypto strategist Jason Pizzino is warning Cardano holders that ADA may witness an additional decline of over 50% even after this year’s deep correction. In a new strategy session, Pizzino tells his 276,000 YouTube subscribers that regardless of the smart contract platform’s fundamental growth over the past months, the charts tell him that ADA could ignite another[Read more…]

Analyst Updates Outlook on Bitcoin and Solana, Says One Catalyst Could Trigger Cardano To ‘Roll the Market Over’

A popular cryptocurrency analyst and trader is mapping out the path forward for Bitcoin (BTC), Solana (SOL) and Cardano (ADA). Starting with Bitcoin, crypto trader Jason Pizzino tells his 276,000 YouTube subscribers that the flagship crypto asset is facing an uncertain trend after recording successive lower highs for about a week. “Bitcoin’s still just holding up there.[Read more…]

Top Analyst Says XRP Has One of Best-Looking Charts in Crypto, Updates Outlook on Chainlink and Solana

A closely followed analyst known for making timely Bitcoin (BTC) and altcoin calls says XRP is one of the strongest assets in the crypto markets. In a new strategy session, the pseudonymous analyst known in the industry as DonAlt says that he’s ready to scoop up XRP in case the crypto markets witness another sell-off event. “If[Read more…]

One Ethereum Competitor Has Very High Chance of Leading Next Bull Cycle, According to Macro Guru Raoul Pal

Former Goldman Sachs executive Raoul Pal says one particular Ethereum (ETH) rival is likely to outshine the rest of the crypto markets next bull cycle. In a new ask me anything (AMA) session, the Real Vision founder says that while the Solana (SOL) blockchain has had technical issues as of late, that doesn’t negate the[Read more…]

Sentiment Heavily Bearish on Solana, Tron and One More Ethereum Rival, Says Analytics Firm – But There’s a Catch

Crypto analytics platform Santiment says many are bearish on Solana (SOL), Tron (TRX) and Binance Coin (BNB), which might signal a bottom is near. According to Santiment, heavy bearish sentiment is sometimes a signal for an imminent upswing in price. “We’re in a spot now where several cryptocurrencies are seeing some rising optimism, while others are[Read more…]

Crypto Strategist Predicts Big Bounces for Bitcoin and One Ethereum Rival – Here Are His Targets

The crypto analyst who called the end of the crypto bull market is now predicting big bounces for Bitcoin (BTC) and Ethereum (ETH) challenger Solana (SOL). Popular crypto strategist Pentoshi tells his 612,000 Twitter followers that after nearly a year, he’s no longer extremely bearish on Bitcoin. “Hard to switch bias after being a doomer[Read more…]

Helium (HNT) Is Officially Migrating to Solana (SOL) Blockchain After Community Vote

The decentralized wireless network Helium (HNT) is officially migrating to the Solana (SOL) blockchain after a community vote upheld the decision. The Helium Foundation announced on Thursday that its community approved the move by a majority 81.41% vote on Helium Improvement Proposal (HIP) 70. Says Scott Sigel, the chief operating officer of the Helium Foundation, “We have[Read more…]

Solana Founder Anatoly Yakovenko Addresses Ethereum Rival’s Blockchain Outages and Issues

Solana Labs CEO Anatoly Yakovenko is addressing some of the technical difficulties that Solana (SOL) experienced over the last year. In a new interview with Real Vision’s Raoul Pal, Yakovenko says that Solana’s aim to process transactions at an ultra-high rate presented various challenges, especially once the Ethereum (ETH) rival began attracting waves of new users. “This[Read more…]