Solana fell into a four-month low of $28.35 during the early morning of October 13, plummeting below the $30 marker again for the first time since June 13 when it changed hands at $28.19. Although the altcoin is not just the only one that suffered as many other cryptocurrencies including pack leaders Bitcoin and Ethereum[Read more…]
Category Archives: Solana News
14
Oct
Oct
The price of Solana (SOL) has struggled recently to reclaim its bullish strength against tether (USDT) but was unable to as the price hit a new fresh rock. The crypto market faced a new drawback as Bitcoin (BTC) price dropped from a region of $19,000 to $18,100 as the Consumer Price Index (CPI) suggested an[Read more…]
14
Oct
Oct
Ethereum has almost made back the gains from previous weeks with yesterday’s upside move and could be gearing up for another push above resistance. The second cryptocurrency by market cap is following the general sentiment in the market and seeing some relief after the influence of macro forces lessened, for the time being.] At the[Read more…]
14
Oct
Oct
The crash of the crypto market since mid-2021 has affected most coins especially the top crypto by market cap such as Bitcoin (BTC) and Solana (SOL). Recent Bitcoin news and Solana news has been negative and Bitcoin and Solana price predictions see the BTC price and SOL price suffering in 2023 and 2025. The Hideaways[Read more…]
14
Oct
Oct
Solana [SOL] once again outperformed the king of altcoins, Ethereum, in the NFT space by registering massive growth in terms of total NFT sales in the last month. It managed to grow by more than 100%, while Ethereum registered a negative 18% growth during the last 30 days. Apart from Ethereum, other popular chains like BNB[Read more…]
14
Oct
Oct
Are creator NFT royalties on the way out on Solana? Zero-royalty trading platforms are quickly gaining traction, and Magic Eden is adapting. The debate over NFT royalties is raging again, this time in the Solana NFT space—and marketplaces that eschew creator royalties are finding eager traders while capturing market share in a way that they haven’t yet in the[Read more…]
13
Oct
Oct
Solana (SOL) and Polygon (MATIC) have surged to the top 20 cryptocurrencies by market capitalization in light of their astronomical rise – in no small part driven by their utility. However, like most cryptocurrencies, Solana (SOL) and Polygon (MATIC) face a long, hard road to recovery after losing as much as 80 to 90% of their[Read more…]
13
Oct
Oct
Decentralized finance (DeFi) asset Solana (SOL) is recording significant capital outflow, with the network facing various challenges, including hacks and system outages. The incidents appear to limit Solana’s potential to take over established platforms like Ethereum (ETH). In particular, as of October 13, Solana had a market cap of $10.6 billion, representing a drop of over $1.43[Read more…]
13
Oct
Oct
SOL is taking a harder hit than Bitcoin or Ethereum today, falling to a four-month low The crypto market is in the red this morning amid continued wider economic turmoil, and top coins like Bitcoin and Ethereum are both down today alongside much of the market. But Solana has taken an even harder hit, dropping to a four-month low. Solana (SOL) is down[Read more…]
13
Oct
Oct
Solana’s [SOL] immediate baseline in the $30-zone managed to reignite some buying pressure for the last three weeks. As the alt approached this support, the bulls would look to capitalize on this in the coming sessions. Empirically, reversals from this baseline have rekindled short-term buying pressure. Meanwhile, the 20 EMA (red) and the 50 EMA (cyan)[Read more…]
