Solana (SOL) Showing a Golden Cross: Implications for Bull Run A “golden cross” is a significant technical analysis pattern that occurs when a short-term moving average, often the 50-day, crosses above the long-term moving average, typically the 200-day. This crossover has historically signaled potential extended bullish runs in various asset classes. Let’s explore the implications[Read more…]
Category Archives: Solana News
Solana and Bitcoin Spark: Pioneering Advanced Blockchain Technology Solana and Bitcoin Spark are at the forefront of the dynamic blockchain technology landscape, pushing the boundaries of what blockchain can achieve through their innovative features and capabilities. Bitcoin Spark (BTCS) Bitcoin Spark (BTCS) introduces a groundbreaking blockchain technology called Proof-Of-Process (PoP), which combines elements of both[Read more…]
Zug, Switzerland, August 10th, 2023 – Synesis One Announces New Train2Earn App Synesis One, the world’s first AI data crowdsourcing platform on the Solana Blockchain, has unveiled its latest innovation – the Train2Earn App ‘Workspace by Synesis’. This groundbreaking app is now available on iOS, Android, Saga, and web browsers, enabling individuals worldwide to engage[Read more…]
Recent data from CryptoSlam reveals that Solana (SOL) non-fungible tokens (NFTs) are showing impressive performance compared to those on Cardano (ADA). SOL NFTs Surge in Buyers In the past 24 hours, Solana’s NFTs experienced a remarkable surge in buyers, totaling 3520 buyers, which represents a staggering increase of 2226.47%. On the other hand, Cardano (ADA)[Read more…]
As the NFT marketplace witnesses rapid growth, recent data from CryptoSlam has placed Solana at the forefront, notably surpassing Cardano in sales. In just a 24-hour window, Solana boasted an NFT sales volume of $1,134,068, engaging 3,507 buyers. Cardano, by comparison, trailed with a volume of $155,244 and 1,016 buyers. While these figures paint a[Read more…]
Bitcoin (BTC) Analysis Bulls have largely dominated the current week in the cryptocurrency market. Bitcoin (BTC) experienced minor bullish activities, resulting in a weekly increase of 1% in its trading price, now valued at $29.3K. The current market capitalization of Bitcoin stands at $571,584,117,702, with a trading volume of $6 billion as of the latest[Read more…]
Introduction Bitcoin Spark (BTCS) has been creating significant ripples in the cryptocurrency market. As the project’s Initial Coin Offering (ICO) progresses to Phase 2, data highlights a growing trend of exchanges involving Solana (SOL) and Cardano (ADA) for BTCS. What is Cardano? Cardano is a Layer-1 (L1) blockchain designed to offer a more secure and[Read more…]
Market Uncertainty Persists The crypto market began the week on a positive note as the flagship cryptocurrency, Bitcoin, crossed the $30,000 threshold. However, this upward momentum proved short-lived, and Bitcoin (BTC) swiftly retreated below the $30,000 mark once again. Subsequently, most altcoins in the crypto market experienced a downturn due to the losses incurred by[Read more…]
Solana’s NFT Ecosystem Faces Challenges Solana Mobile recently announced a significant reduction in the price of Saga, sparking interest in the community. Meanwhile, SOL’s price chart has displayed positive growth, with indicators showing bullish trends. However, over the past month, Solana’s NFT ecosystem has experienced a substantial decline in various aspects. Not only did the[Read more…]
Factors Driving Solana’s Price Increase Several factors have contributed to Solana’s impressive price surge: Understanding Buyer Caution Despite the impressive price surge, potential buyers are exercising caution due to several reasons: Strategies for Navigating the Situation If you’re considering entering the Solana market during this period, here are some strategies to consider: Conclusion Solana’s recent[Read more…]