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news-imageDecember 12, 2024

Solana price prediction: Can SOL hit $240 and break its downtrend?

Assessing how SOL can clear its overhead hurdles amid lukewarm demand.
Publisher: AMBCrypto
Sentiment: Neutral
SOL

More News Articles

Positive
cover-imageBenzinga
December 12, 2024

Hyperliquid, The 'Coolest New Crypto Product,' Up 500% In 2 Weeks: 'Imagine Ethereum, Solana, Binance Had A Baby,' Lauds Trader

Hyperliquid (CRYPTO: HYPE), a rising decentralized exchange and Layer-1 blockchain, continues its strong rally, which has seen the token price increase six-fold from $3 to over $18 since its much-anticipated launch two weeks ago. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hyperliquid (CRYPTO: HYPE) $18.20 $4.9 billion +16% +43.4% Sui (CRYPTO: SUI) $4.63 $13.5 billion +9.9% +10.3% BNB (CRYPTO: BNB) $719.9 $103.7 billion +3.3% -1.7% Trader Notes: Crypto trader Daniel described Hyperliquid as the "coolest new product in years, saying it is "basically Binance, except fully on-chain with no KYC, usernames or logins.

Positive
cover-imageNewsBTC
December 12, 2024

Solana Set For Explosive Growth: Expert Predicts 1650% Price Increase Based On This Pattern

As the broader crypto market rebounds following Donald Trump's election on 5 November, Solana (SOL), currently the sixth largest token by market capitalization, has resumed its bullish trajectory, recently reclaiming the $230 price level. On Wednesday, the Solana price surged nearly 7%, reaching $232 after a two-week correction period that followed its current all-time high achievement of $263 on November 23.

Positive
cover-imageCrypto Daily
December 12, 2024

Crypto Price Analysis 12-12 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, UNISWAP: UNI, CHAINLINK: LINK, ALGORAND: ALGO

Bitcoin (BTC) reclaimed $100,000 after registering an increase of over 4% in the past 24 hours as the crypto market rallied following the release of the November inflation data. The world's largest cryptocurrency almost crossed $102,000 after reaching an intraday high of $101,819 before retreating to its current level.

Positive
cover-imageThe Currency Analytics
December 12, 2024

Solana Defends $210 Support, Eyes $240 Reclaim

Solana (SOL) has faced significant market fluctuations in recent weeks, but it has managed to hold a critical support level at $210. This has provided a temporary bounce, with the price attempting to recover from a recent downtrend.

Positive
cover-imageBitcoin
December 12, 2024

Solana Unveils First AI Hackathon With Over $185,000 in Cash Prizes

The hackathon emphasizes leveraging Solana's high-performance blockchain to support the deployment of AI agents on-chain. Solana Wants Innovative AI Agents Solana has launched its first artificial intelligence (AI) hackathon, marking a significant milestone in integrating artificial intelligence with blockchain technology.

Positive
cover-imageCoinPedia
December 12, 2024

Solana (SOL) Set For Bull Run, Insights From On-Chain Data

Solana (SOL), the world's fourth biggest cryptocurrency by market cap, is poised to continue its upside momentum as on-chain metrics shift in whale favors. After a sharp price decline, SOL found support at $205.5 and resumed its upside momentum. It is poised to continue its upside momentum in the coming day.

Positive
cover-imageThe Motley Fool
December 11, 2024

Why Altcoins Were Zooming Higher on Wednesday

When the financial history books are written, 2024 is sure to be recorded as a banner year for the burgeoning crypto industry. Market-boosting catalysts, from the introduction of spot exchange-traded funds (ETFs) to a presidential election that delivered a crypto-friendly administration to the White House, seemed to occur every few weeks.

Positive
cover-imageThe Currency Analytics
December 11, 2024

Solana's Path to $315: Traders Bet on SOL's Rally

Solana (SOL) is currently navigating a pivotal consolidation phase, which could be setting the stage for a major price rally. Despite a recent pullback, there are growing signs that SOL is primed for an upward movement, with traders increasingly placing long positions and fueling optimism around its future price potential.

Positive
cover-imageThe Cryptonomist
December 11, 2024

Max Resnick joins Anza: a new phase for Solana and blockchain innovation

Max Resnick, a well-known blockchain researcher previously associated with ConsenSys, has announced his entry into Anza, the research and development center focused on Solana. This strategic move marks a significant moment for the Solana (SOL) protocol, which continues to gain traction in the high-performance blockchain landscape.

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