Tag: Solana

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New Digital Collectible Collections Art Gobblers and Keepers Propel NFT Sales 56% Higher This Week

Non-fungible token (NFT) sales increased a great deal during the last seven days as NFT sales jumped 56.73% higher than sales recorded the week prior. Over the last seven days, out of 889,499 NFT transactions, NFT sales volume reached a total of $170.48 million this past week. Art Gobblers and Keepers Collections Give NFT Sales…
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The market is hot, but Solana is not — Data explains why SOL price is lagging

SOL price has been in a 3 month downtrend, but recent newsflow and events could trigger a reversal. Solana (SOL) has been in a steady downtrend for the past 3 months, but some traders believe that it may have bottomed at $26.80 on Oct. 21. Lately, there’s been a lot of speculation on the causes…
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BNB Chain cools off after 24% surge, but strong fundamentals could back the next BNB rally

BNB price took a brief breather after a recent double-digit rally, but the network’s TVL and DApp use are reasons for investors to remain bullish. After an impressive 23.7% rally between Oct. 25 and Oct. 31, Binance Chain BNB, has faced a strong rejection from the $330 resistance. Is it possible that the two-day 6%…
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Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two significant…
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62% of Dogecoin hodlers in profit amid hopes of Twitter integration

DOGE price rallied 98.5% in the last seven days following Elon Musk’s acquisition of Twitter, pushing the crypto into the eighth position in global crypto rankings. Tesla CEO and billionaire Elon Musk’s acquisition of Twitter has tipped 62% of Dogecoin (DOGE) investors into profit, amid speculation that Musk’s Twitter-buy will be positive for the meme…
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Solana: A Quick Evaluation Of How The Blockchain Performed In Q3 This Year

The crypto bear market that began in May has hurt Solana just as much as the rest of the market. CoinGecko reported a massive 16.4 percent increase, and the price of SOL is now at $32.27 at the time of writing. Messari’s most recent quarter on quarter performance evaluation of the Solana network provided illumination into the…
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Solana-based protocol seeking to decentralize ride-sharing raises $9M

TRIP protocol allows drivers and ride-sharing companies to compete for riders, as blockchain enables disruption in existing markets. The ride-sharing industry is poised for another paradigm shift, with Web3 protocols allowing new companies and drivers to bid for rides using a matching algorithm, according to the Decentralized Engineering Cooperation (DEC) — the company behind the…
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Solana Price Bounces Back, Move Above $34 Remains Crucial

Solana price has finally broken past the $30 price mark and flipped that level into a support line. SOL has gained 6% in the last 24 hours. In the last week, the coin moved up by 4%. The Bitcoin rally has pushed many altcoins up on their respective price charts. Major altcoins have traveled northbound…
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Solana Price Prediction – Can SOL Pump to $1,000 in Next Bull Market?

Solana (SOL) is down by 1.4% over the past 24 hours. SOL’s price is retracing after slight gains in the last 24 hours. At the time of writing, SOL was trading at $31.11. SOL has also gained by around 3% over the past week. The total cryptocurrency market cap in the last 24 hours has…
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Solana Struggles Below Key Resistance, Can Price Flip $30 Into Support?

SOL’s price struggle to reclaim a key support area of $30 after losing this region.  SOL breaks below a descending triangle as the price looks weak despite Bitcoin (BTC) dragging market prices upwards.  The price of SOL respects the resistance line as the price trades below 50 and 200 Exponential Moving Averages (EMA). The price…
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