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…
Solana (SOL) Dives Nearly 10%: Market Reactions and Future Outlook Read More »
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…
Bearish Wave Hits Solana: SOL Drops Below $140 – More Losses On The Horizon? Read More »
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…
Solana Records New Monthly User High Amidst Persistent Price Drop Read More »
Andrew Kang, co-founder of Mechanism Capital, voiced concerns over the potential volatility and impending price correction of Solana (SOL) in a market analysis posted on X. His comments come amid a broader dialogue concerning the delayed second wave of US spot Bitcoin ETFs, which he now anticipates could be pushed back by one to two…
Solana Could Face A 41% Crash, Warns Mechanism Capital Co-Founder Read More »
As summer unfolds, the cryptocurrency market is showing little upward momentum. Particularly, crypto analyst Ansem has recently projected a steady course for Bitcoin (BTC) and Solana (SOL) in the coming months. This forecast is grounded in a detailed analysis shared on Elon Musk’s social platform X, where Ansem highlighted potential trends and key scenarios that could…
Bitcoin And Solana Brace For Quiet Q3: What Crypto Traders Should Know Read More »
Solana, one of the top altcoins, trailing Ethereum and the BNB Chain, has not been spared in the recent correction. After rallying to as high as $210 in Q1 2024, the coin is now sliding, facing strong headwinds, plunging, and following the performance posted by Bitcoin and Ethereum. Is This The Best Time To Buy…
Solana Down 40% But Analyst Says Now’s The Time To Buy SOL Read More »
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…
Is Solana A Good Buy? Finance CEO Predicts ‘Magnificent’ Autumn Rally Read More »
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…
Bitcoin, Solana Suffer As Institutional Investors Pull $600 Million Out Of Crypto Funds Read More »
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 »
Arthur Hayes, co-founder of crypto exchange BitMEX, has predicted that the blockchain Aptos (APT) is poised to surpass Solana (SOL) in prominence and utility in the race for the second largest Layer 1 (L1) blockchain behind Ethereum within the next two to three years. Hayes conveyed his thoughts during a detailed interview with macro analyst…
This Altcoin Gem Will Overtake Solana, Predicts Arthur Hayes Read More »
Solana tested the $138 zone before it started a recovery wave. SOL price must clear the $150 and $155 resistance levels to start a steady increase. SOL price is eyeing an upside break above the $150 resistance against the US Dollar. The price is now trading above $145 and the 100-hourly simple moving average. There…
Solana Price Faces Uphill Task: Tough Road Ahead For SOL Bulls Read More »
