Solana Price Update The Solana price has recorded a 1% gain in the past 24 hours, in line with a similar return for the market as a whole today. At $58.32, SOL has now risen by just over 6% in the past week, with the altcoin also posting an 18% gain in a fortnight and[Read more…]
Category Archives: Solana News
Analyzing Solana (SOL) for the ‘Head and Shoulders’ Pattern Market analysts are closely monitoring the Solana (SOL) price chart for signs of the infamous “Head and Shoulders” (H&S) pattern, often considered a precursor to a bearish downturn. Upon initial inspection, the current chart does not showcase the definitive structure of a typical H&S pattern. Characterized[Read more…]
Introduction Before delving into the potential value of Solana coin in Turkish Lira, let’s address an important development related to SOL. The Robinhood Effect Crypto investors recall Robinhood’s decision to delist Solana from its platform in late June due to regulatory concerns. Now, discussions are arising about the potential implications of its relisting. A New[Read more…]
Solana’s Impressive Gain and Market Overview Solana (SOL) has experienced a notable surge of 6.24% in the last 24 hours, extending its overall gains. As the market recovers, investors are turning their attention to five promising altcoins. Solana’s Current Position and Potential Pullback Solana has exhibited remarkable growth, soaring by 350% over the past year.[Read more…]
In Brief Solana (SOL) price broke out from a long-term descending resistance trend line and accelerated its rate of increase in September. The weekly timeframe Relative Strength Index (RSI) and daily timeframe count are both bullish, supporting the ongoing increase. Despite the bullish SOL price prediction, a daily close below the $48 horizontal support area[Read more…]
Solana Price Rebound and Market Overview Solana price prediction reveals SOL’s rebound from $54 support, offering bulls an opportunity to Dollar-Cost Average (DCA) ahead of a potential falling wedge pattern breakout to $66. Market Challenges and Binance Developments Solana Price Prediction sheds light on the competitive smart contracts token facing selling pressure, a trend seen[Read more…]
The Rise of Solana in November Solana is experiencing its most bullish month on record, with significant metrics such as trading volume, token price, and total value locked all showing upward trends. Decentralized exchanges (DEX) on Solana reached an unprecedented $5.1 billion in monthly volume for November, surpassing its previous peak of $2.8 billion in[Read more…]
Solana Dog Coin Bonk (BONK) Surges Higher The Solana dog coin Bonk (BONK) experienced a notable surge in early Wednesday trading, climbing from a low of $0.00000347 to an intraday high of $0.0000051. According to TradingView data, BONK is currently showcasing intraday gains of 31.36%. Meanwhile, CoinMarketCap data reports a 16% increase in the last[Read more…]
Solana (SOL) Current Market Update As of the latest data, Solana (SOL) is currently trading at $54.73, reflecting a 2.77% decline over the past 24 hours. The cryptocurrency faced challenges attempting to surpass the $67.9 mark, encountering substantial selling pressure in the process. After a significant surge in mid-November, where SOL reached approximately $0.68, reminiscent[Read more…]
Pyth’s Thrilling Airdrop on Solana Sparks a Whirlwind Trading volume soars, fees hit records, and new token accounts surge as PYTH announces an airdrop of around 250 million tokens on the Solana network. PYTH Airdrop on Solana On 20th November, Pyth, a decentralized finance (DeFi) oracle network, initiated an airdrop for its PYTH token, built[Read more…]