Solana is trading above a crucial support level at $137 after experiencing a 17% correction from local highs around $160. This recent dip has left analysts and investors on edge, awaiting confirmation of the next price direction. Just last week, sentiment was strongly bullish, but the current market atmosphere is filled with fear and uncertainty.…
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Solana (SOL) faces significant risk as the broader cryptocurrency market rebounds from local lows, yet SOL struggles to break above the crucial $140 resistance level. This underperformance has raised concerns among investors, with many worried about Solana’s inability to keep up with the market’s recent surge. Some analysts are even predicting a deep retrace to…
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NFT minting bots on Solana contributed over 4 million transactions per second, knocking validators out of consensus and crashing the network for around seven hours. The Solana network suffered a seven-hour outage overnight between Saturday and Sunday due to a large number of transactions from the nonfungible token (NFT) minting bots. A record-breaking four million…
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