Category Archives: Solana News

Solana Shows Bullish Signs Ahead Of 1D Breakout, Can Price Go To $45?

Solana (SOL) develops bullish sentiments against tether (USDT), as the price of Solana (SOL) seeks to rise with an impending breakout above the current resistance. Bitcoin (BTC) gained significant strength after closing the weekly candle on a high note, with the price remaining above $21,700 for the first time in weeks. Most crypto assets, including[Read more…]

Solana Jumps 7% as Crypto ‘Hotspot’ Project Helium Eyes Merge

It’s been a big day for Solana.  The ninth-largest cryptocurrency by market capitalization has risen by around 7% over the past day.  SOL, Solana’s native token, jumped from $35.2 to $38.87 early Tuesday morning. It has since retraced to $38.27 at press time.   Solana is a speedy, proof-of-stake (PoS) blockchain network that allows many of the same operations[Read more…]

Solana Price Rallied 8% And Formed A Rounding Bottom, What’s Next?

Solana Price shot up by 8% over the last 24 hours, painting a bullish chart. Over the past week, the altcoin soared almost 17%. This made Solana one of the top gainers in the past week. Solana has been able to break past its $33 mark and has turned bullish on its chart. It also[Read more…]

Algorand throws hat in ring as Helium community begins vote on Solana migration

Algorand (ALGO) network believes it would be a better option for Helium (HNT) than Solana (SOL) even as voting commenced on the migration proposal. Two top executives of Algorand urged Helium developers to reconsider their stance on Solana because ALGO’s network offers a better option. Algorand’s chief technology officer John Woods tweeted that ALGO’s blockchain meets[Read more…]

Marinade Finance Launches Liquid Unstake on Solana

Marinade Finance users can now instantly unstake their SOL coins staked on any Solana validator in exchange for a 0.3% instant unstake fee. Marinade Finance 101 on Solana Billed as the first non-custodial liquid staking protocol built on Solana, Marinade Finance on Sept. 8 announced the launch of “Liquid Unstake,” which lets its users instantly unstake their SOL coins staked on[Read more…]

Solana [SOL] traders going long are unaware of this important info

Solana’s native token SOL registered a promising uptrend lately as its price grew over 10% in the last seven days. The price surge gave hope to investors for brighter days ahead. Though there have been several positive developments in the community in the past few days, the stability of this hike is still questionable. Several[Read more…]

Rounding Bottom Pattern Sets Solana’s Price To Hit $48.5

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…]

Crypto Traders Bleed Heavily After Betting Against Market

The past week has been an eventful one for crypto traders, regardless of whether they were making profits or losses off the market. Over the weekend, the crypto market had seen some dramatic weekend, and as another trading week opens up, short traders have drawn the ‘short’ stick once more. Losses Reach $180 Million Over[Read more…]

Why Solana [SOL] may not be in the clear despite its 13% rally to the $30 range 

Solana [SOL] has finally chosen a side in the tug of war that has been going on between the bulls and bears since end of August. The cryptocurrency delivered a strong bullish performance in the last three days after finding support near the $31 price level. SOL previously struggled to find a directional footing especially in[Read more…]

NFT mints on Solana have surged to an all-time high

Activity is surging around Solana-based NFTs despite an overall tepid market for so-called non-fungible tokens.  The Block Research’s Data Dashboard shows that the number of NFTs minted on Solana — or the number of new NFTs created on its blockchain — surged to a high of 312,000 on Sept. 7. That figure represents a significant[Read more…]