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Solana Records New Monthly User High Amidst Persistent Price Drop

Solana

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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Is Solana A Good Buy? Finance CEO Predicts ‘Magnificent’ Autumn Rally

Solana

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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Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds

Bitcoin

Crypto funds witnessed outflows last week after recording five weeks of consecutive inflows. According to drop in the price of Bitcoin throughout the week and a more hawkish-than-expected Federal Open Market Committee (FOMC) meeting held during the week. Crypto Funds Bleed Largest Since March, With Bitcoin In The Lead Crypto funds witnessed outflows of $600…

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Solana Sees Sharp Decline To $146, Will SOL Overcome Latest Hurdles?

Solana

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…

Solana Sees Sharp Decline To $146, Will SOL Overcome Latest Hurdles? Read More »

Analyst Calls Buy Signal As Solana Hits Key Support At $141

Solana

According to data from CoinMarketCap, Solana (SOL) has been slightly positive in the last day, notching a market gain of 1.37%. This price increase, while little, is highly encouraging for investors considering Solana’s bearish form in the past week where it lost 8.11% of its market value. Interestingly, crypto analyst Ali Martinez postulates that SOL…

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Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed?

Solana

Solana (SOL) whales are at it again, as they are seen to have moved a significant amount of their Solana holdings in the last 24 hours. This comes amidst the bearish sentiment in the crypto market, which has also caused Solana’s price to decline.  Solana Whales Move Over $500 Million Worth Of SOL In Several…

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Solana Set For “A Major 53% Price Move,” Analyst Reveals Why

Solana

An analyst has explained how Solana could be setting up for a major 53% move based on a Symmetrical Triangle pattern forming in its price chart. Solana Has Been Travelling Inside A Symmetrical Triangle Recently In a new technical analysis (TA) pattern in question is a “Symmetrical Triangle,” which, as its name implies, looks like…

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Solana On-Chain Indicators Suggests A Return Of Bullish Sentiment, Is It Time To Buy SOL?

Solana

Certain Solana (SOL), suggesting this may be an excellent time to purchase the crypto token. This aligns with Solana’s price movement on the chart, with technical analysts predicting that an upward trend might be on the horizon.  Solana Enjoying Greater Adoption Data from the market Intelligence platform IntoTheBlock shows that the number of daily addresses…

Solana On-Chain Indicators Suggests A Return Of Bullish Sentiment, Is It Time To Buy SOL? Read More »

Major Listing Propels This Solana AI-Based Token To New Peaks Beyond $5: Is it Time To Buy?

Solana

Solana-based altcoins and artificial intelligence (AI)-based coins have seen a surge in investment and price appreciation in recent months. Among the notable winners is io.net’s native token IO, which surged above the $5 mark and saw a substantial 50% increase within hours of a major listing announcement.  What Drives Investor Interest In io.net?  The world’s…

Major Listing Propels This Solana AI-Based Token To New Peaks Beyond $5: Is it Time To Buy? Read More »

Solana’s Tough Climb: SOL Price Struggles to Find Solid Ground

Technical Analysis

Solana extended losses below the $150 support zone. SOL price is consolidating and might recover if it clears the $152.50 resistance zone. SOL price declined further and even traded below $150 against the US Dollar. The price is now trading below $160 and the 100-hourly simple moving average. There is a connecting bearish trend line…

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