Solana (SOL) Maintains Impressive Growth Solana (SOL) has started the month with strong momentum, consistently recording significant gains in recent days. The cryptocurrency reached a weekly high of $45.36 on November 1 before experiencing a minor pullback. After briefly dipping to the $40 price level, bullish momentum has returned, with the intention of pushing SOL[Read more…]
Category Archives: Solana News
OKX Web3 and Solana Collaborate for Solana Ecosystem Week 2.0 In an exciting collaboration, OKX Web3 and the Solana Ecosystem have joined forces to announce the eagerly awaited “Solana Ecosystem Week 2.0.” This event showcases their dedication to nurturing growth and innovation within the rapidly expanding Solana ecosystem. OKX Wallet Enhances Solana Ecosystem Development The[Read more…]
FTX Estate Transfers 750,000 SOL to Binance and Kraken On Monday, the FTX estate transferred 750,000 SOL to crypto exchanges Binance and Kraken, as part of its bankruptcy procedures. This move comes amidst FTX’s aggressive selling of cryptocurrency holdings in recent weeks, which has put selling pressure on Solana (SOL). Solana’s Current Market Status As[Read more…]
In Brief On-chain data analysis platform revealed that FTX has moved 250,000 Solana tokens worth $10.83 million to the Binance crypto exchange. Crypto trader Neel Kukreti has raised suspicions about Solana’s recent rally, hinting at potential price manipulation. Despite concerns, Kukreti emphasizes the broader market’s rally. FTX, the bankrupt crypto exchange, reportedly transferred 250,000 Solana[Read more…]
FTX Transfers $316 Million in Crypto Assets FTX, a prominent crypto exchange, recently transferred approximately $316 million in digital assets to various crypto exchanges, as revealed by on-chain data. Over the past few weeks, the exchange has been divesting portions of its crypto holdings, including assets such as Solana (SOL) and Ethereum (ETH), as part[Read more…]
Crypto Trader’s Bold Predictions for Solana (SOL) A prominent crypto trader, known as Bluntz, who accurately predicted Bitcoin’s 2018 bear market price floor, is now making waves in the crypto community by forecasting a significant surge for Solana (SOL). Bluntz, who has a following of 226,000 on the social media platform X, suggests that Solana,[Read more…]
Solana’s Uphill Journey Despite Altcoin Market Fluctuations Despite the volatility rocking the altcoin market, Solana, often dubbed as the Ethereum killer, has maintained its upward trajectory over the past two weeks. It continues to shine as one of the top-performing cryptocurrencies in the coveted top ten list. Notably, influential investors such as VanEck have revised[Read more…]
Coinbase Leading The Solana Buying Wave Solana (SOL) has emerged as one of the top-performing cryptocurrencies, particularly when observing its price action on the weekly chart. According to data from Kaiko, SOL’s net buying, measured through cumulative volume delta (CVD), has been significantly influenced by Coinbase, a highly active cryptocurrency exchange in recent trading weeks.[Read more…]
Solana Price Correction Amidst Doubts The price of Solana’s SOL token experienced a significant 36.6% increase in value between Oct. 30 and Nov. 2, reaching $44.50. However, it faced a 10% correction down to $40 on Nov. 6, leading investors to question the reasons behind the recent double-digit rally. Key Developments and Events During the[Read more…]
Solana Breaks Crucial Resistance and Surges to New Highs Solana (SOL) made a remarkable breakthrough in the crypto market, shattering a significant resistance level at $28.16. This surge propelled SOL to exhilarating new highs, capturing the attention of traders and enthusiasts alike. The cryptocurrency’s impressive resilience since July has astonished the community, marking a historic[Read more…]