Category Archives: Solana News

Solana’s state compression serves as the foundation for cNFTs, a revolutionary development in the world of digital collectibles. While hosting NFTs off-chain may offer certain advantages, it also presents some significant challenges. Introducing Solana’s cNFTs As a more cost-effective and scalable approach to owning digital collectibles, Magic Eden, a leading NFT marketplace, is excited to[Read more…]

Ethereum killers are projects that offer alternative blockchain networks with improved features and more advanced technology than Ethereum. These projects became famous in the last bull market and made headlines among the top-performing altcoins in the DeFi ecosphere. One platform that stood out from the rest at the time was Solana. It is popularly known[Read more…]

Solana’s Price Increase Solana’s price has seen a slight 0.59% increase over the past 24 hours to $19.16 according to the provided market data. While not a major surge, this move upwards continues the cryptocurrency’s stabilization over the past month. After falling over 18% in the previous 30 days, Solana seems to be finding its[Read more…]

Solana Price Predictions Current Solana Price Today’s Solana price is $19.36, with a 24-hour trading volume of $211,897,839. Solana is up 0.88% in the last 24 hours. The current CoinMarketCap ranking is #9, with a live market cap of $7,983,881,101. It has a circulating supply of 418,890,490 SOL coins, and the maximum supply is not[Read more…]

The $MATIC Downtrend On August 31, Polygon announced the zkEVM mainnet beta’s first major upgrade, Dragon Fruit. Market experts anticipated this news to boost investor confidence and the utility of $MATIC, potentially leading to price gains. However, despite these positive expectations, $MATIC failed to realize the projected gains. Between August 31 and September 11, $MATIC’s[Read more…]

A Quiet Yet Positive Landscape Despite seeming tranquility in the crypto and traditional markets due to reduced liquidity, Pal highlights that the cryptocurrency domain has seen a substantial growth of 50-100 percent this year. The broader sentiment, however, feels less enthusiastic because of the market’s stagnant performance since April. Will the Banks Play a Role?[Read more…]

Solana (SOL), Chainlink (LINK), and Tradecurve Markets: DeFi Trailblazers Solana (SOL), Chainlink (LINK), and Tradecurve Markets have rapidly emerged as the DeFi projects to watch. Particularly noteworthy is Tradecurve Markets, which, despite still being in the presale phase, has already surged by 150% as buyers flock to grab discounted tokens. Let’s jump in and take[Read more…]

The Struggle of Solana Since the FTX Collapse Solana has been one of the cryptocurrencies facing significant challenges in the market since the implosion of FTX in 2022. FTX Liquidation and Its Impact on SOL The FTX liquidators have received approval to liquidate a staggering $3.4 billion worth of cryptocurrency assets. Among these assets, FTX[Read more…]

Solana’s Price Trajectory Solana’s price trajectory exhibits mixed signals, with a potential drop to $13.5 in a bearish scenario. The descending wedge on the daily chart indicates a 50% chance of a price surge. Bitcoin’s price plummeted to $26,200 at the time of writing, impacting the overall market sentiment. Unraveling the Future of Solana Unraveling[Read more…]

Solana (SOL) Price Prediction for 2023 Introduction 2021 was quite impressive for cryptocurrency investors, hosting significant price rallies. But what about 2023? In the past 9 months, apart from some exceptional altcoins, we haven’t seen massive gains. And even those exceptions have given back a significant portion of their profits. SOL Coin, the star of[Read more…]