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…
Solana Set For “A Major 53% Price Move,” Analyst Reveals Why Read More »
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-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…
Solana (SOL) has shown remarkable market resilience by holding onto its position above the 100-day Simple Moving Average (SMA) in spite of notable market turbulence. SOL has seen a lot of volatility in the last several months, but it has found firm support at this pivotal moving average, indicating a persistent positive mood. The ability…
Solana (SOL) Maintains Bullish Trajectory Above 100-Day SMA, Rally Looms? Read More »
Since trading firms like FTX collapsed in November 2022, the Solana blockchain has seen significant gains and regained investor confidence, with Ethereum developers increasingly migrating to it. According to a recent analysis by Jack Inabinet, Senior Analyst at Bankless, with significant growth in key metrics and SOL’s year-to-date increase of 770%, Solana has solidified its…
The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual…
Robinhood Crypto has announced the introduction of a Solana-staking product in Europe, accompanied by a bonus program for new customers. This development comes as the company faces increased tensions with US regulators, which could potentially lead to legal repercussions. However, the move has propelled Solana’s (SOL) price to surpass the crucial $150 level, indicating a…
SOL Price Breaks Crucial $150 Level Amid Robinhood’s Solana Staking Debut In Europe Read More »
Crypto analyst Javon Marks has provided insights into the future trajectory of Solana (SOL) after it hit a 1,100% return. The analyst is known to have called the crypto token’s previous high correctly, which is one reason his latest prediction is worth keeping an eye on. Solana Could Rise To As High As $453 Marks…
Analyst Who Predicted Solana’s 1,100% Move Reveals Where The Altcoin Is Headed Next Read More »
Solana, the high-speed blockchain once hailed as an Ethereum killer, finds itself in choppy waters. After reaching an all-time high of $203 in March 2024, the cryptocurrency has experienced a significant correction, currently trading at $145. Analysts warn of a potential freefall, citing both external market forces and internal ecosystem woes. Solana’s Descent: A Shooting…
Solana Snowfall? Price Plunges Amidst Market Correction – Will It Get Worse? Read More »
Recently, a popular crypto trader and YouTuber has predicted a substantial surge in Solana price, forecasting it could reach as high as $360 soon. This prediction is underpinned by a technical pattern on Solana’s chart—a bullish signal suggesting a potential reversal from bearish to bullish momentum. Technical Insights Into SOL Potential $360 Rise According to…
Solana’s Surge: Here’s Why This Analyst Is Predicting A Rise To $360 Read More »
In the wake of the November 2022 crypto market crash, which saw the bankruptcy and collapse of FTX and other firms, Solana (SOL) has emerged as a standout performer, experiencing a year-to-date price increase of over 560%. With a market capitalization of $67 billion, Solana has secured its place as the fifth largest cryptocurrency, trailing…
