Category Archives: Solana News

Nova Labs’ Helium Mobile Unveils Unlimited Data Plan Nova Labs’ Helium Mobile service has introduced a groundbreaking nationwide mobile plan in the U.S., offering unlimited data, text, and talk for just $20 a month. In a recent blog post published on Tuesday, Helium Mobile announced the official launch of its unlimited mobile plan, claiming to[Read more…]

Solana’s Resurgence Continues, Daily Active Wallets Surpass Ethereum Solana (SOL), the fourth-generation blockchain, has recently made a significant comeback based on on-chain metrics. According to Artemis data, Step Data Insights on X highlighted that Solana’s daily active wallets have surpassed Ethereum’s, the pioneer smart contract platform. This notable development coincides with SOL prices breaking through[Read more…]

Solana’s November Transaction Performance Solana has demonstrated remarkable performance, particularly in key metrics such as transaction volume. In November alone, Solana recorded an astounding 622 million transactions. Recent data from Crypto Rank highlighted Solana’s dominance by having the highest transaction volume among the top blockchains for November. Solana’s Growing Total Value Locked (TVL) Solana is[Read more…]

An FTX-Related Wallet’s Impact on Solana An FTX-related wallet unstaked SOL tokens worth millions of dollars on 5th December, and it’s essential to assess how this move affected Solana’s current status. Solana’s Performance After the Move Solana experienced a positive trend, with a more than 7% increase in the last 24 hours at press time.[Read more…]

Crypto Analyst Envisions Solana (SOL) Soaring to New Heights A well-known crypto analyst, operating under the pseudonym Inmortal, has shared optimistic insights about Solana (SOL), a prominent Ethereum (ETH) competitor. Inmortal, with a substantial following of 202,700 on the social media platform X, recently presented a chart projecting a remarkable surge in SOL’s value, aiming[Read more…]

Analyst Highlights Bearish Signals for Solana In a recent analysis, Ali, a respected analyst, has raised concerns about the potential for a correction in Solana (SOL). This assessment is based on the observation of two key technical indicators: the TD Sequential and the Relative Strength Index (RSI). TD Sequential Indicator The TD Sequential indicator, developed[Read more…]

Bitcoin Surpasses $42,000, But SOL Coin Lags Behind Investors have witnessed Bitcoin surging past $42,000, but SOL Coin has yet to reach higher peaks. This discrepancy may be attributed to investors shying away from altcoins, anticipating a sustained BTC rally. Let’s delve into the current situation to gain insights into Solana (SOL). Why Did Solana[Read more…]

Solana (SOL) Price Movement Ethereum Layer-1 competitor Solana (SOL) has experienced some price volatility this week, fluctuating between $60 and $65. Despite a 7% dip earlier in the week, the Solana (SOL) price has rebounded, currently showing a 6.5% increase and trading at $64.28 levels. Solana Co-Founder Discusses Astounding Recovery and Saga Phone In a[Read more…]

Solana (SOL) Price Correction and FTX Cold Wallet Transfers Solana’s price, currently above crucial support at $59, is undergoing a correction, with analysts anticipating a swift recovery that could propel SOL beyond $70. Amidst a period of mild consolidation in the broader cryptocurrency market, Solana (SOL), a leading competitor to Ethereum Layer-1, is experiencing a[Read more…]

Solana’s TVL Skyrockets: A Decisive Leap In The DeFi Landscape Solana’s decentralized finance (DeFi) ecosystem has recently achieved a remarkable milestone, with its Total Value Locked (TVL) soaring to an impressive $655 million. This significant increase, doubling from $326 million at the beginning of October, marks a decisive moment for Solana in the competitive DeFi[Read more…]