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Solana Eyes $200 Rebound As New Adoption-Driving Technology Debuts

Solana

The Solana Foundation recently launched two new tools to facilitate the integration of Web3 capabilities into mainstream platforms and the adoption of blockchain.  In a series of social media posts, the foundation launched “Actions” and “Blockchain Links” (Blinks), which, according to the announcement, is a step forward in allowing developers to build blockchain functionality into…

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Pundit Is Undeterred By The Solana Price Crash, Says Price Is Headed For $1,000

Solana

The Solana bearish price action might be coming to a close, as many cryptocurrencies have started to show mixed price action in the past 24 hours. Dialing the price action further back shows Solana has been mostly bearish and has been on a price decline since the beginning of the month. Notably, the crypto recently…

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Solana Price Braces For Potential Crash Below $100 Amid Investigation Rumors

Solana

The Solana price has experienced a sharp decline over the past month in line with the broader market correction, intensifying concerns as rumors of a potential investigation into the popular blockchain platform have recently surfaced. Regulatory Storm Brewing?  In a social media post on X (formerly Twitter), market expert Crypto Bitlord, who has a considerable…

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Solana Developer Shares “Big News” That Could Send The SOL Price Flying

Solana

Mert Mumtaz, CEO of Solana’s development platform Helius Labs, recently shared “big news” that presents a bullish outlook for the Solana ecosystem. This development could also positively impact Solana’s price, which has recently been on a downtrend.  A New Dawn For Solana Mumtaz mentioned in an X (formerly Twitter) post that “ZK compression” is being…

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Solana (SOL) Dives Nearly 10%: Market Reactions and Future Outlook

Technical Analysis

Solana failed to climb above the $135 resistance. SOL price started another decline, dropping nearly 10%, and now the bears aim for more downsides. SOL price remained in a bearish zone below the $142 resistance against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a…

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

Solana

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

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…

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