The latest bout of buying has pushed SOL/USD’s quarter-to-date gains up by more than 450%. Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level. The SOL/USD exchange rate almost reached $200 on Tuesday as investors continued to treat Solana as a long-term competitor to Ethereum, the…
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The SOL price rally also appeared in the wake of “Ignition,” a global hackathon to build new platforms on the Solana blockchain. Solana (SOL) started Friday at a new record high as investors continued to bet positively on its success in the decentralized finance (DeFi) and nonfungible tokens (NFT) sector. The SOL/USD exchange rate reached…
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It’s all systems go for cracking “final hurdle” resistance for both Bitcoin and Ether as the weekend nears. Bitcoin (BTC) passed $50,500 later on Friday as a return to the $50,000 mark put bulls firmly back on the scene. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin lines up a $51,000 offensive Data from Cointelegraph…
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