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SOLUSDT – Page 2 – BitcoTasks BLOG
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Solana Pullback To $137: Will Bulls Break Through Or Bears Dominate?

Solana

Solana (SOL) has recently pulled back to the $137 level, a key point that could dictate its next move in the market. As the cryptocurrency tests this resistance, market participants are watching closely to see if the bears will seize the opportunity to drive prices lower, or if the bulls will capitalize on this pullback…

Solana Pullback To $137: Will Bulls Break Through Or Bears Dominate? Read More »

Solana (SOL) Is ‘Truly In Limbo’ If This Happens, Warns Crypto Analyst

Solana

A recent statement made by Austin Federa, a strategist at the Solana Foundation, has sparked a widespread debate within the crypto community. On Monday, Federa proposed a novel conceptualization for several enhancements on the Solana blockchain via a post on X, suggesting that “most of the L2-ish things on Solana are better thought of as…

Solana (SOL) Is ‘Truly In Limbo’ If This Happens, Warns Crypto Analyst Read More »

Solana Sees 7,600% Surge In Institutional Inflows, Here’s Why

Solana

Solana price action might be trending downwards, but institutional investors are bucking the trend. This speck of positive Solana sentiment has come through an inflow report of digital asset investment report, with Solana coming up on top. Digital asset investment products witnessed a cumulative outflow last week, especially as Bitcoin-based products failed to attract investor…

Solana Sees 7,600% Surge In Institutional Inflows, Here’s Why Read More »

Solana Price (SOL) Turns Red: Key Supports That May Spark a Bullish Upside?

Technical Analysis

Solana started a fresh decline below $150 and $142. SOL price tested $128 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $140 and the 100-hourly simple moving average. There is a connecting bearish trend line…

Solana Price (SOL) Turns Red: Key Supports That May Spark a Bullish Upside? Read More »

Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff?

Cryptocurrency Market News

Three major crypto exchanges teased the launch of new Solana-based products. The trading platforms shared mysterious hints on their official X accounts, suggesting their entry to Solana’s Liquid Staking ecosystem. The news received a positive reaction from the crypto community, seemingly fueling a bullish sentiment among SOL investors. Exchanges Hint At New Solana-Based Products On…

Major Crypto Exchanges Tease Solana Liquid Staking Tokens, Will SOL Takeoff? Read More »

Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside?

Technical Analysis

Solana started a fresh decline below $155 and $150. SOL price tested $140 and is currently struggling to start a recovery wave. SOL price started a fresh downward move below $150 against the US Dollar. The price is now trading below $148 and the 100-hourly simple moving average. There is a short-term declining channel forming…

Solana Price (SOL) Slips: Will a Break Below $140 Trigger More Downside? Read More »

Solana (SOL) Ripe For Price Discovery, Analyst Eyes $600 Target

Solana

Market watchers have praised the Solana (SOL) price action throughout the month. The fifth-largest cryptocurrency by market capitalization has displayed a strong performance despite the market shakeouts, recently reclaiming the $160 support level. Analysts suggest that SOL might repeat history and kickstart a rally toward a new all-time high (ATH) soon. Solana Breaks Out Of…

Solana (SOL) Ripe For Price Discovery, Analyst Eyes $600 Target Read More »

Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key

Solana

Solana (SOL), currently positioned as the fifth largest cryptocurrency by market capitalization, is mirroring Bitcoin’s (BTC) recent pattern of recovery, exhibiting a positive trajectory over the past couple of weeks.  Friday’s recent price spike comes on the heels of positive macroeconomic developments from the US Federal Reserve (Fed), which have had a positive impact on…

Solana Eyes Price Surge To $220: Breaking Through This Resistance Is The Key Read More »

Solana Dump Far From Over? Whales Continue To Dump SOL

Solana

The Solana dump looks far from over as whales continue offloading their SOL holdings during this market downtrend. The recent shakeup in the crypto space might have also contributed to these whales’ bearish sentiment towards Solana.  Crypto Whale Offloads $16 Million Worth Of Solana In an X (formerly Twitter) post, the on-chain analytics platform Lookonchain…

Solana Dump Far From Over? Whales Continue To Dump SOL Read More »

Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98%

Solana

The crypto ecosystem has seen a surge in memecoins and their popularity over the past year. Still, the craze has ushered in a wave of scams and rug pulls targeting unsuspecting investors. The latest victim of this trend is the Solana-based GRIMACE coin, which was the subject of a rug pull. GRIMACE Surges 400% After…

Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98% Read More »

Solana (SOL) Continues Sideways Move As Outflows Record $39 Million

Cryptocurrency Market News

Solana (SOL) has recovered 30% of its price since the Black Monday crash, hovering between the $155-$140 range. Recent reports revealed the Solana-based investment products were among the largest losers last week after registering over $30 million in outflows. The token continued its sideways trajectory despite the negative net flows and memecoin’s trading activity decline…

Solana (SOL) Continues Sideways Move As Outflows Record $39 Million Read More »

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