Category Archives: Solana News

The Impact of a Bitcoin ETF on Cryptocurrency Market The cryptocurrency market is currently at a pivotal juncture, with the potential approval of a Bitcoin ETF poised to significantly influence the landscape. According to recent reports, the Bitcoin market cap has already swelled by 40% since October. The anticipation of a regulated spot Bitcoin ETF[Read more…]

Jito’s JTO Token Airdrop Empowers Solana DeFi Governance The Solana-based DeFi platform Jito has taken a significant step in decentralized governance by introducing its new governance token, JTO. Announced on Monday, this initiative marks a crucial phase in Jito’s development, focusing on empowering its user base with decision-making capabilities. This move aligns with the growing[Read more…]

Crypto Data Tracker Detects Significant Whale Transfers for Solana (SOL) The seventh largest cryptocurrency by market cap, Solana (SOL), has recently experienced major whale activity, as reported by crypto data tracker Whale Alert. In the last 24 hours, over 2.1 million Solana coins were moved in three notable transactions: Whale Alert Tweeted about the second[Read more…]

GameStop Memes and Crypto Presale Back in 2021, if you were frequenting Reddit, you’d have been swept up in the GameStop Memes whirlwind—a financial saga where the everyday trader took on the Wall Street titans, making a few go belly-up. This pivotal GameStop wave in financial history is now riding the crypto presale tide. Parallelly,[Read more…]

Exploring Crypto Marvels: Solana and Avalanche Ever felt that tingling sensation when you’re on the verge of discovering something monumental? That’s the crypto world for you. A universe filled with mind-boggling opportunities, where every decision can either lead to a goldmine or a landmine. Among the glittering stars of this universe, Solana and Avalanche have[Read more…]

Bitcoin’s Resilience Amid Market Heat Despite the heat in the crypto market, Bitcoin’s staying power near the $37,000 grand mark is quite a standout. This resilience is particularly noteworthy given the broader context of crypto market fluctuations, where the total liquidations in the past 24 hours come in at $130.81 million, according to CoinGlass data.[Read more…]

Solana Price Correction Overview Solana (SOL) recently experienced a rally surpassing the $65 resistance against the US Dollar. However, the current trend suggests a correction, and there’s a possibility of the price sliding below the critical $50 support level. Technical Analysis SOL initiated a significant uptrend, breaking above the $60 resistance before encountering bearish pressure[Read more…]

A Top Analyst’s Perspective on Emerging Trends A top analyst in the cryptocurrency space has identified potential uptrends in several digital assets, including a Solana (SOL) competitor that has been flying under the radar. SUI: Breaking Out from Downtrend Pseudonymous analyst The Flow Horse shared insights with his 188,000 followers on X, highlighting that layer-1[Read more…]

Daily Transactions on the Solana Network Making History Solana (SOL), with its impressive price increase this year, has attracted many investors and set a new record by reaching the highest total daily transaction count. According to data from Artemis, Solana reached 51.63 million, the highest daily transaction count of the year. This significant milestone came[Read more…]

Solana (SOL) Price Movement At the time of writing, SOL is trading at $59.12, reflecting a 2.72% increase in the last 24 hours. If the price manages to surpass the $59.7 mark, there are indications that it will likely test the $62 resistance level. Whale Transaction Impact A crypto whale recently executed a significant transaction[Read more…]