SOL Tokens Liquidation Overview Solana (SOL) price faces selling pressure as FTX and Alameda Research execute the plan to liquidate crypto assets. A wallet address linked to FTX, a prominent crypto exchange, transferred $10 million worth of SOL tokens on Wednesday. This move is part of their strategy to repay creditors and comply with a[Read more…]
Category Archives: Solana News
Solana’s Impending Breakout: A Crypto Analyst’s Perspective A well-known crypto analyst, Bluntz, with a significant following, has recently shared insights on Solana (SOL), a prominent Ethereum (ETH) competitor. According to Bluntz, SOL is poised for a breakout that could surpass both ETH and Bitcoin (BTC) in performance. Bluntz, a pseudonymous trader, conveyed to his 225,000[Read more…]
Is $50 in Sight for Solana? On the daily timeframe price chart, Solana’s price indicates the formation of an ascending channel pattern. Over the past 11 months, the altcoin has been moving within this pattern, encountering dynamic resistance and support. SOL, which has seen a 0.84% decrease in the last 24 hours, is approaching the[Read more…]
Introduction People seeking start-up opportunities in the Web3 space now have support from Solana’s (SOL) latest incubator program. Solana Labs announced on X (formerly Twitter) that the Solana Incubator is live for anyone seeking an opportunity to grow in what is deemed the next era of the Internet. Supporting Web3 Start-ups The announcement revealed that[Read more…]
Increased Bullish Sentiment in Cryptocurrency Market Over the past few days, the cryptocurrency market has experienced a significant uptick in capital movement, with weekly inflows surpassing the $100 million mark. This surge highlights the increasingly bullish sentiment among investors. ASOL: A Standout Performer One notable player in this influx of capital is the 21Shares Solana[Read more…]
A Closer Look at Solana’s Gains The cryptocurrency Solana (SOL) has recently shown remarkable gains, surpassing leading coins Bitcoin and Ethereum. In a detailed analysis by crypto investor Thor Hartvigsen, the question arises: is Solana’s rally truly sustained by fundamentals? Hartvigsen initiated his discussion by spotlighting Solana’s exceptional monthly performance: “Thor Hartvigsen: $SOL has been[Read more…]
Experienced Analyst Highlights Solana’s Impending Breakout Renowned cryptocurrency analyst and trader DonAlt has shared insights into the market, indicating that Solana (SOL), often considered Ethereum’s biggest competitor, is poised for a significant breakout following its initial rally. DonAlt also expressed optimism about Chainlink (LINK), another promising cryptocurrency. Additionally, the analyst suggested a bullish outlook for[Read more…]
Investment Insights: VC Spectra (SPCT) and Solana (SOL) 2023 has seen remarkable developments for top DeFi projects in crypto. Nearly $4.5 billion has been traded between top altcoins, signifying investor sentiments. Meanwhile, Solana’s (SOL) Solfare has reignited interest in the token. To top things even further, VC Spectra (SPCT) has reported a 587.5% ROI. Summary[Read more…]
Solana Incubator Program: Empowering Startups in the Web3 Space Solana (SOL) Labs has recently unveiled its highly anticipated Incubator program, a groundbreaking initiative dedicated to fostering the growth of startups within the Solana network. This innovative program is specifically tailored to assist early-stage companies, providing them with a comprehensive array of resources and expert guidance.[Read more…]
Solana Wooing Founders In a strategic move to bolster its blockchain ecosystem and entice entrepreneurs, Solana Labs has introduced its inaugural startup incubator. The initiative is designed to encourage fledgling startups to adopt Solana as their preferred blockchain platform. Although the exact amount of investment in this program remains undisclosed, Solana Labs previously secured $314[Read more…]