The Solana (SOL) cryptocurrency, currently the fifth largest by market capitalization, has been on a downward trend. In the past two weeks, SOL has lost more than 28% of its value, dropping from $180 to $137. Veteran analyst Peter Brandt identified a bearish descending triangle pattern on Solana’s chart, suggesting a possible continuation of the […]
Solana (SOL) is on a roll, recently surpassing the key resistance level of $150 and exhibiting a bullish trend. This positive performance is accompanied by rising market capitalization, trading volume, and investor interest. Solana’s Climb SOL currently sits at $153, reflecting a more than 2% gain in the last 24 hours. Market capitalization has grown […]
Shiba Inu (SHIB), the popular meme coin, has been caught in the wider cryptocurrency market downturn. SHIB is currently down 50% from its 2024 peak of $0.000045, reached in early March. However, despite the recent slump, SHIB remains significantly higher than its price two years ago, reflecting a year-to-date increase of 116%. Looking ahead, analysts […]
Solana is back in the spotlight after deploying a patch to address network congestion issues. This move coincides with plans to transition the network from its beta phase to the final mainnet version. With these developments underway, investor sentiment appears to be turning bullish, fueled by potential benefits for Solana-based meme coins and the token’s […]
Cryptocurrency enthusiasts are observing a shift in the market, with new coins showing potential to challenge the top performers. Solana has been a notable name, but new contenders are poised to rise in the bull run of 2024. This article delves into which tokens could see significant growth and what that means for Solana’s position […]
A lucky trader has turned a small investment into a massive windfall, highlighting the potential and volatility of the memecoin craze within the Solana ecosystem. Turning Pennies into Profits According to crypto analytics firm Lookonchain, a trader with the wallet address “5aLaR….GJXA” took a gamble on a brand new Solana memecoin called SHAD, which emerged […]
In A recent post about Cardano on X, Gert van Lagen a well-known expert, stated that ADA is better than rivals like SOL and ETH. He contrasted Cardano with Solana and Ethereum from a crucial outlook. #Cardano stands out for its fundamental superiority over #Ethereum and #Solana, boasting greater decentralization and the notable absence of […]
In the latest developments surrounding Solana (SOL), the cryptocurrency is currently navigating a critical phase in its price trajectory. The digital asset has demonstrated resilience by maintaining a strong uptrend above the $85 mark, showcasing the potential for a fresh rally unless a daily close below $80 disrupts its momentum. Read Also: Shibarium’s Ambitious Burn […]
Solana (SOL), the cryptocurrency that recently secured the fourth spot in the market, is displaying indications of a potential price correction. While key indicators and a notable whale transfer to Binance suggest a downturn, conflicting signals from various metrics complicate the outlook for SOL. Bearish Signals: RSI Surge and Profit-Taking Transfer Solana’s Relative Strength Index […]