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news-imageNovember 5, 2024

Solana ‘Must Break Descending Resistance' To Regain Bullish Momentum – Analyst

Solana is trading above a critical demand level of around $157, showing signs of a potential bounce after a recent pullback. This critical level has held firm despite market volatility, and now all eyes are on Solana as it attempts to regain bullish momentum.
Publisher: NewsBTC
Sentiment: Positive
SOL

More News Articles

Neutral
cover-imageCoingape
November 26, 2024

Solana's Pump Fun Denies SOL Sale Despite $138M Deposit to Kraken

Pump fun, a platform integral to the Solana ecosystem, has denied claims that it sold 99,999 SOL valued at $22.74 million after transferring the tokens to the Kraken exchange. Blockchain analytics platform Lookonchain had suggested the possibility of a sale following the large transaction, but Pump.fun clarified that no evidence supports such claims.

Negative
cover-imageBenzinga
November 25, 2024

Solana Meme Coin Platform Pump.Fun Faces Backlash Over Scandalous Livestreams, But Polymarket Traders Aren't Convinced They'll Go Dark

Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.

Negative
cover-imageBenzinga
November 25, 2024

Solana Meme Coin Platform Pump.Fun Faces Backlash Over Scandalous Livestreams, But Polymarket Traders Aren't Convinced It'll Go Dark

Pump.fun, a decentralized platform for creating Solana (CRYPTO: SOL)-based meme coins, has come under intense scrutiny after reports of harmful and violent behavior surfaced on its livestream feature. What Happened: The platform, which has gained popularity in the crypto space, is now facing backlash from the community, with many calling for the livestream function to be disabled altogether until proper moderation tools are in place.

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