Tag: Solana

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Bearish Wave Hits Solana: SOL Drops Below $140 – More Losses On The Horizon?

Solana, a leading blockchain platform, is experiencing a significant downturn as a persistent bearish wave sweeps through its market. This decline, driven by a combination of factors, has led to SOL’s price suffering a huge drop below the $140 support mark.  Solana’s price has struggled to find stability, breaking through key support levels and signaling…
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Solana Records New Monthly User High Amidst Persistent Price Drop

Solana (SOL) has had a turbulent time lately evident with a consistent decline in its market price. According to data from CoinMarketCap, the “Ethereum Killer” is down by 6.36% on its weekly chart, emerging as the biggest loser among the top 10 tokens.  Interestingly, this price dip depicts the larger negative performance of SOL in…
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Uniswap A Retailer’s Hub? Average Trade Sizes Fall From $30,000 to $1,000 In 2 Years

Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap Users Are Increasingly Posting Small Trade Sizes Events in Uniswap, a leading decentralized exchange (DEX) on Ethereum,…
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Volatile Bitcoin Movement Causes $118M in Crypto Liquidations

On Thursday, bitcoin (BTC) peaked at $66,455 per coin around 7 a.m. EDT but dropped to approximately $64,516 by noon. The volatile movements resulted in $118.82 million in liquidations across the crypto economy, with long positions accounting for $61 million of that total. Bitcoin’s Rapid Rise and Fall Triggers Major Liquidations in Crypto Economy Bitcoin…
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Solana Could Face A 41% Crash, Warns Mechanism Capital Co-Founder

Andrew Kang, co-founder of Mechanism Capital, voiced concerns over the potential volatility and impending price correction of Solana (SOL) in a market analysis posted on X. His comments come amid a broader dialogue concerning the delayed second wave of US spot Bitcoin ETFs, which he now anticipates could be pushed back by one to two…
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Controversial Figure Martin Shkreli Allegedly Behind New Trump-Themed Crypto Token DJT

Martin Shkreli, known for his previous securities fraud conviction, has reportedly claimed to co-create the DJT token, a new crypto asset themed after Donald Trump. The revelation comes as the token’s association with the Trump campaign remains unverified, stirring significant speculation and controversy. ‘Pharma Bro’ Martin Shkreli Allegedly Co-Creates Trump Crypto Token In a recent…
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Is Solana A Good Buy? Finance CEO Predicts ‘Magnificent’ Autumn Rally

Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision, a financial media platform, has indicated that Solana is on the brink of reversing its bearish trends. The financial expert has predicted a “magnificent autumn rally” for the cryptocurrency in this market cycle.  Solana To Witness Major Autumn Rally Solana’s recent downward trend…
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Arkham Offers a $150,000 Bounty for the Identity of Alleged Donald Trump’s DJT Token Creator

Arkham, a cryptocurrency analytics platform, has put a bounty of 100,000 ARKM, valued at $150,000, for information leading to the reveal of the creator of DJT, a Solana token linked to the former President and current Republican presidential candidate Donald Trump. While the token was issued with Trump’s involvement according to sources, there has not…
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Toncoin (TON) Hits New ATH, Is $10 The Next Stop?

Toncoin (TON), the native token of The Open Network, has had one of the best performances this cycle. The token has hit a new all-time high (ATH) twice this Friday and flipped Ethereum’s active users this week. Market watchers believe this breakout and recent performance could set the stage for a rally toward the $10…
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Solana Sees Sharp Decline To $146, Will SOL Overcome Latest Hurdles?

SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s price has encountered resistance levels that pose challenges to its bullish trajectory. Investors and analysts are closely watching these developments, trying to gauge what…
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