A recent statement made by Austin Federa, a strategist at the Solana Foundation, has sparked a widespread debate within the crypto community. On Monday, Federa proposed a novel conceptualization for several enhancements on the Solana blockchain via a post on X, suggesting that “most of the L2-ish things on Solana are better thought of as…
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Solana (SOL) has recently pulled back to the $137 level, a key point that could dictate its next move in the market. As the cryptocurrency tests this resistance, market participants are watching closely to see if the bears will seize the opportunity to drive prices lower, or if the bulls will capitalize on this pullback…
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Solana started a fresh decline below $150 and $142. SOL price tested $128 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $140 and the 100-hourly simple moving average. There is a connecting bearish trend line…
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Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On…
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Solana started a fresh decline below $155 and $150. SOL price tested $140 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $148 and the 100-hourly simple moving average. There is a short-term declining channel forming…
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Solana (SOL) has recovered 30% of its price since the Black Monday crash, hovering between the $155-$140 range. Recent reports revealed the Solana-based investment products were among the largest losers last week after registering over $30 million in outflows. The token continued its sideways trajectory despite the negative net flows and memecoin’s trading activity decline…
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Recently, a significant amount of interest—both positive and negative—has been placed on Solana. Experts are highly optimistic about SOL, and crypto analyst Alan Santana once showed his doubt over the token by stating that it might be due for a heavy fall. Divergent View On The Stability Of Solana Solana has been impressive regarding the…
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A crypto market expert has expressed bullish optimism for Solana (SOL), predicting that the cryptocurrency is currently on track to replicate Ethereum’s historical rise to new highs. As a result, the expert foresees SOL hitting new all-time highs of $1,000 this bullish cycle. Solana Sets Sights On $1,000 On August 12, a crypto analyst identified…
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A Solana (SOL) whale has been offloading a significant amount of its holdings for a while, a move that could significantly impact Solana’s price and the projected move to $1,000. Solana’s fundamentals remain strong amid these sell-offs, suggesting that SOL could still enjoy a significant rally. Solana Whale Has Sold $86 Million Worth Of SOL…
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Solana started a downside correction from the $162 resistance zone. SOL price is back to $140 and might attempt a fresh increase above $150. SOL price started a downside correction below the $155 and $150 levels the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a…
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