Solana (SOL) Update: Recent Impressive Rally Solana (SOL), a cryptocurrency that garners mixed opinions, continues to be in the spotlight due to its recent performance. After the FTX crash, Solana, favored by Sam Bankman-Fried, the CEO of the exchange, and with a substantial investment, experienced a surprising collapse, plummeting to approximately $8. However, Solana has[Read more…]
Category Archives: Solana News
Solana’s Recent Performance Solana has experienced remarkable gains recently, with a surge of 127.90% in the last month, 29.73% in the past week, and 5.56% in the last day. According to technical analyst Jacob Canfield, Solana is positioned to be one of the top performers in the current crypto bull cycle for several key reasons.[Read more…]
The Market’s Resurgence The cryptocurrency market is witnessing a renewed surge in investor interest. Ethereum has surpassed the critical $2,000 mark, while Bitcoin is testing $38,000. Simultaneously, Solana has experienced a significant price increase, breaking the $50 resistance level after 1.5 years. This surge has sparked concerns about a potential price correction in the near[Read more…]
The Rise of SOL Coin The rapid ascent of the king cryptocurrency has significantly impacted altcoins, particularly SOL Coin, leading to the anticipation of new all-time highs. Speculation has circulated for weeks that SOL Coin could surpass the $50 mark, and the first major target has now been achieved as the price successfully breached this[Read more…]
In Brief Solana (SOL) reached a high of $51 today, marking the culmination of a 25-day parabolic rally. The $50 barrier has not been breached since May 25, 2022. While the weekly and daily timeframe Relative Strength Index (RSI) are overbought, they both still support the continuation of the increase. Despite this bullish SOL price[Read more…]
Ethereum Breakout Ethereum has recently broken out of a long-standing ascending triangle, signaling its readiness to seize the spotlight from Bitcoin. However, when considering long-term prospects, Solana emerges as a potentially superior option. Ethereum Breakout Impact With Ethereum’s breakout from an ascending triangle since June 2022, the cryptocurrency market anticipates significant momentum. The market looks[Read more…]
Amid the Solana Rally SOL has exceeded the 15-month resistance at $46, hinting at a potential extension of the surge. Solana Continues to Surge Solana continues its impressive price rally, surging an additional 7% and crossing the $47 mark. The recent surge is fueled by BlackRock filing for a spot Ethereum ETF. Solana Price Rally[Read more…]
Solana’s Unstoppable Price Rally Solana (SOL), the Layer-1 competitor of Ethereum, has continued its unstoppable price rally, surging over 6% in the past 24 hours to surpass $47. This recent price rally in SOL has been fueled by the news of BlackRock’s application for a spot Ethereum ETF. Price Rally in Solana Solana’s major rally[Read more…]
NuggetRush, Solana, and Arbitrum: Weekly Crypto Recap NuggetRush (NUGX) NuggetRush (NUGX) offers an immersive play-to-earn (P2E) experience where users mine minerals and earn valuable rewards. It includes non-fungible token (NFT) characters, realistic gameplay, and plans for an active marketplace. Solana (SOL) Solana (SOL) achieved a milestone by making its nodes deployable on Amazon Web Services[Read more…]
Solana and BorroeFinance: Altcoins Making Waves in the Crypto Space With Solana (SOL) emerging as the most traded altcoin on US-based exchanges, the seventh largest cryptocurrency based on market cap continues to make waves. On the other hand, BorroeFinance ($ROE) is crafting a name for itself as one of the top altcoins with a real-life[Read more…]