Solana's next move: How high can SOL go after its latest surge?
Current price action and on-chain metrics suggest SOL is poised for a significant upside rally.
Keep up with what's happening in the crypto world in real-time.
Current price action and on-chain metrics suggest SOL is poised for a significant upside rally.
The cryptocurrency market has seen substantial upward momentum, with a 1.79% gain in overall market cap to $2.38 trillion. In addition, 24-hour trading volumes have risen by 65.13%, indicating higher trader activity. The Fear & Greed Index is at 63, showing an increasing sense of market greed as Bitcoin's dominance grows to 57.2%.
After consolidating above the crucial support level of around $120 since April, Solana (SOL), a tier-one blockchain network, has signaled an imminent rally to a new all-time high (ATH) in the near term. The large-cap altcoin, with a fully diluted valuation of about $99 billion and a daily average traded volume of around $3.
In a bold statement that has caught the attention of the crypto community, a top trader has revealed that he is prepared to swap his Solana holdings for Avalanche if a key signal appears on the AVAX chart. With both Solana (SOL) and Avalanche (AVAX) being two of the most popular layer-1 blockchain platforms, this
Solana (SOL) rises over 16.50% in October, outperforming Bitcoin and Ethereum, fueled by bullish catalysts like Grayscale's ETF conversion and a booming developer ecosystem. However, a correction may follow its overbought RSI.
The broader cryptocurrency market has displayed a strong show over the weekend with the Bitcoin (BTC) price rallying close to $70,000 and altcoins taking the charge in a fresh surge. With 3.72% gains in the last 24 hours, Ethereum (ETH) leads the alt space shooting all the way to $2,750 levels.
The cryptocurrency market is buzzing with excitement as Solana (SOL) has recently confirmed a breakout, trading above the significant psychological level of $150. With Bitcoin making waves by retesting the $69,000 mark during early Asian trading hours, Solana has been riding this bullish wave, capturing the interest of investors.
With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.
Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?
Here's why the memecoin craze could add onto Solana's value.
As investors grow weary of volatile price swings in established cryptocurrencies like Cardano (ADA) and Solana (SOL), Lunex Network is rapidly gaining traction as a promising alternative.
The rates of most of the coins keep rising, according to CoinStats.
Investors should remain cautious, as robust buying momentum is essential to breach key resistance levels.
With so many Solana meme coins out there, it's tough to know which ones might skyrocket. In this article, we'll reveal the 3 best Solana meme coins.
Solana is consolidating at $154 after an impressive 6% surge over the past week.
Solana's price surged, with strong social dominance driving its momentum this week.
Solana, the layer-1 cryptocurrency, has been trading sideways for over 7-months. This prolonged consolidation during the typically bullish fourth quarter signals potential weakness among SOL buyers and raises concerns about a possible renewed correction.
Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under recent upward pressure.
Memecoins have once again captured the cryptocurrency spotlight, with Solana (SOL) emerging as a key network supporting this growing trend.
Amidst the ever-volatile market headed towards bullish trends for most cryptos, the Solana price forecast remains intriguing. Could this be the month the SOL price will reach a new ATH?
Solana's co-founder, Anatoly Yakovenko, has highlighted a major difference between the network's ecosystem and Ethereum. He noted that when a global resource becomes saturated in Solana, it doesn't lead to good price discovery.
Solana (SOL) has been showing impressive gains this week, trading around $154.59 after reaching an intra-day high of $156.43. The cryptocurrency market is experiencing a positive shift, with major cryptocurrencies reversing their downward trend. Bitcoin (BTC) remains strong above the $68K mark, while altcoins such as Ethereum (ETH), Solana (SOL), and XRP are also in the green. The global crypto market capitalization has risen by 0.8%, reaching $2.35 trillion.
Anatoly Yakovenko, the founder of Solana, commonly known as "Toly," has shared his perspective on the key challenges related to the interaction between blockchain hardware and software.
In this article, we explore the Solana (SOL) and Toncoin (TON) markets. We shine a light on their recent price and trading volume activity and present them in the context of the broader crypto ecosystem.