Solana stayed above the $67.50 support and started a fresh increase. SOL price is gaining pace and might soon attempt a move above $80. SOL price started a fresh rally above the $72 resistance against the US Dollar. The price is now trading above $74 and the 100 simple moving average (4 hours). There is…
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The crypto investment landscape has experienced a notable shift recently, as digital asset investment products saw their first net outflows in 11 weeks. This development was predominantly led by Bitcoin, which had previously enjoyed a consistent inflow into various crypto funds. In a recent report by CoinShares, a leading digital asset management firm, last week…
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Fueled by the explosive growth of the BONK meme coin, the Solana Saga phone’s market interest has soared, with units selling for up to $5,000 on Ebay, far exceeding its reduced price of $599 Saga Phone Resurgence: BONK’s Rise Turns Solana Device Into Hot Commodity The Solana Saga phone, once struggling to find its market,…
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Source: Dall•E 3 The Solana price has risen by 8% in the past 24 hours, with the altcoin’s climb to $78.64 coming as the cryptocurrency market as a whole moves by only 0.4% today. Today’s jump means that SOL has now gained by 10% in a week and by 33% in the last 30 days,…
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Thor Hartvigsen, a data-driven decentralized finance (DeFi) researcher, is questioning the appeal of Injective Protocol, a layer-1 platform whose creators say is designed to expressly power finance. As of December 2023, INJ, the native currency of Injective Protocol, is one of the top-performing coins, surpassing Bitcoin (BTC) and Ethereum (ETH). Is Injective Protocol Undervalued Based On…
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Solana stayed above the $65 support and started a fresh increase. SOL price is likely setting up for more gains above the $75 and $80 resistance levels. SOL price started a fresh rally above the $68 resistance before the bears appeared against the US Dollar. The price is now trading above $68 and the 100…
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After rising sharply from the $2.00 bottom, Helium (HNT) demonstrated a strong upswing that further fueled the market’s positive attitude and increased the momentum of the advance. This week has witnessed bull action for the Solana-based Helium Network’s HNT coin, which has seen a 70% weekly rise to $4.86. Based on the most recent data,…
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Solana surged toward $80 before the bears appeared. SOL price is now correcting gains but the bulls might remain active near the $65 support. SOL price started a major rally above the $65 resistance before the bears appeared against the US Dollar. The price is now trading above $65 and the 100 simple moving average…
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Source: AdobeStock / Aleksandra Sova Solana (SOL) continues to experience upward momentum, with its non-fungible tokens (NFTs) witnessing considerably higher trading volume, surpassing even that of Ethereum. Projects like Mad Lads and Tensorians have seen significant price increases, multiplying several times over in recent weeks. Moreover, the collective trading volume of Solana NFTs has now surpassed…
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Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC), introduced the Jito (JTO) token at a starting price of $6.01, as reported by…
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