Solana (SOL) hit a fresh annual high of $32.13, buoyed by strong positive market movement. SOL’s price surged 23.5% in a single day at its peak. This upward swing, however, was fleeting, as sellers entered the market, exerting downward pressure on the price. Currently, SOL’s trading value stands at $27.99. Despite the pullback, it holds…
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XRP soared by as much as 70% higher on Friday, as markets continued to react to a court ruling that the token is not a security. On Thursday, U.S. judge Analisa Torres ruled that XRP is not “necessarily a security on its face.” Solana also surged on the news, climbing by nearly 30%. XRP XRP,…
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Major cryptocurrencies are trading with a modestly positive bias on Tuesday, but are still mostly within recent ranges ahead of Wednesday’s key US inflation data. Bitcoin (BTC) was last trading up around 1% in the last 24 hours in the $30,600 area, while ether (ETH) was last around $1,870. Positive reporting in the crypto press…
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Polygon was a notable mover on Tuesday, as the token surged by as much as 8% in today’s session. The move saw the cryptocurrency hit a one-month high, following a recent five-day bull run. Solana also rose higher, following a sell-off to start the week. Polygon (MATIC) Polygon (MATIC) rose by as much as 8%…
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Binance coin was one of Monday’s biggest gainers, as the token rebounded following a move close to a key support point on Sunday. The move pushed the price near a one-week high, and came as the global crypto market cap fell 0.07% lower as of writing. Solana also dropped, following a recent bull run. Binance…
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Despite nearly $400 million in trading volumes coming in on Monday as per CoinGecko, Solana (SOL) is down just over 1.0% on the day. SOL/USD was last trading around $21 per token, nearly 7% lower versus weekend highs in the $22.50 area. Solana, the cryptocurrency that powers the high-performance, smart-contract-enabled Solana layer-1 blockchain, found strong…
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SOL, AVAX, FIL and EOS price are beginning to look attractive, especially if Bitcoin opens the week with a renewed attack on the $31,000 level. Nonfarm payrolls rose by 209,000 in June, below economists’ expectations of an addition of 240,000 jobs. Although the figures show a cooling labor market, market observers remained concerned as the average…
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During the first week of H2 2023, non-fungible token (NFT) sales witnessed a 23.39% decline compared to the previous week, marking a two-week downward trend. A total of $195.95 million worth of NFT sales occurred, with Ethereum-based NFTs accounting for $130.77 million. NFT Sales Take a Hit: Week-Over-Week Drop of 23% in the First Week…
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Solana extended recent gains on Saturday, as the token rose for a third straight session to start the weekend. Today’s move came following a breakout of a key price level, despite the global crypto market cap consolidating. Avalanche also rallied, climbing by as much as 10%. Solana (SOL) Solana (SOL) was a notable gainer in…
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Bitcoin and select altcoins are finding buyers at lower levels, indicating a pick-up in positive sentiment. Bitcoin is still struggling to stay above $31,000. While a tight consolidation near the overhead resistance is a positive sign, the failure to rise above it may result in short-term liquidations. However, a shallow pullback should not be considered a…
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