Category: Solana Decline

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Epic Rally Alert: Solana Hourly Chart Reveals Bull Flag Formation, SOL Targets $163

January 10, 2024

Solana (SOL), the fifth largest cryptocurrency by market capitalization, has experienced a significant surge after undergoing a correction from its 20-month high of $125, reached on December 25. Following a dip to the $85 level on Monday, January 8, SOL reclaimed the $100 level again, demonstrating a 6.4% surge in the past 24 hours.  Moreover,…
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Solana Users Face Mounting Threat As Drainer Attacks Surge, SOL Price Plummets 13%

January 4, 2024

As the price of Solana (SOL) has skyrocketed by an astounding 722% year-to-date, the network’s rapid growth has attracted both attention and challenges.  Not only has the native token gained significant value, but the use of Solana-based meme coins such as Bonk Inu (BONK), which has grown over 854% year-to-date, and decentralized applications (dApps) have…
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