Category Archives: Solana News

Bears Dominate Higher Timeframes Bears continue to extend their dominance on the higher timeframes. However, SOL’s recent price action can see a bullish rebound occur in the coming days. Key Level of Interest for Buyers Solana’s price action stalled at a key level of interest for buyers. Open Interest rose in anticipation of a price[Read more…]

Price Decline in the Past Month Solana’s crypto price decreased by 19.78% over the past thirty days. Current Price and 24-Hour Change Solana’s crypto price is currently trading at $19.51 with a drop of 0.51% in the last 24 hours. Price Forecast and Bearish Trends The Solana price forecast showcases that the Solana crypto may[Read more…]

Visa Introduces $USDC Payment on Solana The global payments giant Visa has announced a new feature allowing its partners to settle cross-border transactions using USD Coin ($USDC), a stablecoin pegged to the US dollar. The feature leverages the Solana ($SOL) blockchain, a high-performance network that cheaply processes thousands of transactions per second. This marks a[Read more…]

Solana Price Overview Solana (SOL) is currently trading at approximately $19.5, experiencing minimal price fluctuations over the past week. In July, SOL successfully breached the critical $20 resistance level and the 200-day moving average, initiating a robust rally of more than 50%. This surge in price pushed SOL towards formidable resistance within the $25-$30 range.[Read more…]

Daily Price Analysis It can be seen that Solana is moving towards support on the daily chart. If the price closes above 18.2 on a daily basis, it can move towards the level of $25.5. If the price closes below 18.2 on a daily basis, it can make a downward movement towards the range of[Read more…]

The Potential Investment Opportunity in Solana (SOL) The decline in key network metrics of Solana may present an investment opportunity. A crypto influencer recently projected a $100 target for SOL, which would mark a 410% hike. The influencer cited Solana’s recent collaborations with Shopify, Visa, and MakerDAO as potential catalysts for SOL. Crypto Influencer Alex[Read more…]

Solana (SOL) Price Analysis Solana’s SOL cryptocurrency is currently maintaining its position above the critical $19.00 support level. Investors are closely monitoring the price as it hovers between $20.20 and $20.50, hoping for a potential upward surge. Previous Predictions In our previous analysis, we discussed the possibility of SOL’s price declining against the US Dollar,[Read more…]

MKBHD’s Review Historical Context and Build Quality Marques Brownlee, widely known as MKBHD, begins his review by tracing the Saga’s lineage back to the Essential Phone, a promising but ultimately unsuccessful venture launched in 2017. The Essential Phone’s team later formed OSOM, which collaborated with Solana to create the Saga. Brownlee lauds the phone’s build[Read more…]

Solana’s TVL Decline Most Solana projects registered a decline in their TVLs over the last seven days. Its NFT ecosystem, however, thrived. Solana NFT Traders on the Rise The number of Solana NFT traders rose in the last seven days. SOL Price and Social Volume SOL was up by more than 1.5% at press time,[Read more…]

Price Surge and Key Partnerships The price of Solana (SOL) surged by over 4.2% in the last 24 hours, reaching $20.21. Solana’s recent surge can be attributed to key partnerships with Shopify, Maker, and Visa. Solana’s Strong Performance The popular altcoin Solana (SOL) has garnered attention for its strength and potential in the ever-evolving crypto[Read more…]