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news-imageFebruary 11, 2025

Solana (SOL) Elliott Wave Analysis: Eyeing Descending Channel Breakout

Solana is attempting a bullish breakout after a corrective structure. A move above $216.90 could push SOL toward $231.72 and $246.54, while failure to hold $195.81 risks downside.
Publisher: FXEmpire
Sentiment: Positive
SOL

More News Articles

Positive
cover-imageCryptoPotato
February 11, 2025

90% chance for Litecoin ETF approval, XRP, SOL, and DOGE follow!

According to analysts from Bloomberg, there is a 90% probability that the U.S. Securities and Exchange Commission (SEC) will approve a spot exchange-traded fund (ETF) based on Litecoin (LTC) by the end of 2025. They estimate the chances of approval for other crypto ETFs, such as those for XRP, Solana (SOL), and Dogecoin (DOGE), at 65%, 70%, and 75%, respectively.

Positive
cover-imageCrypto Reporter
February 11, 2025

$199 Breakout Confirms SOL's Bullish Momentum, XRP Bulls Next Target, While This Under The Radar Coin Gains Steam

According to crypto analyst Ali Martinez, the Solana price action is at a crucial level, pointing to a key support level within a parallel channel. Based on the Solana price movement in the daily candlestick timeframe, his analysis suggests that the altcoin has been trading in an uptrend channel since July 2024.

Positive
cover-imageBenzinga
February 11, 2025

Ethereum Has A Key Strength That XRP, Solana Don't Have, Expert Says

Ethereum‘s (CRYPTO: ETH) underperformance compared to other big cryptocurrencies has caused a stir in the crypto community, but its leadership maintains that its culture is the key to long-term success. What Happened: According to Devansh Mehta, public goods and governance lead at the Ethereum Foundation, Ethereum's strong, community-driven culture focused on openness, transparency and challenging authority is Ethereum's core strength.

Positive
cover-imageZycrypto
February 11, 2025

Pundits Give XRP, Dogecoin, SOL, And Litecoin ETFs ‘High Odds' Of Winning SEC Approval In 2025

Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.

Positive
cover-imageThe Currency Analytics
February 11, 2025

Solana Traders Bet Big on $243: 77% of Investors Go Long on SOL

Solana (SOL) is making waves in the cryptocurrency market, with an increasing number of traders and investors betting on the asset's upward trajectory. Despite the volatility of the broader market, SOL is experiencing a surge in interest, with a notable 77% of top Solana traders on Binance holding long positions.

Positive
cover-imageThe Daily Hodl
February 10, 2025

SkyBridge Capital's Anthony Scaramucci Predicts Solana Will Beat Ethereum To Win Tokenization Race – Here's Why

Donald Trump critic and SkyBridge Capital founder Anthony Scaramucci says Solana (SOL) is his preferred layer-1 over Ethereum (ETH). In a new interview with CNBC, Scaramucci says that while SkyBridge does own some ETH, his investment thesis focuses on SOL being more successful in the long run. “We own [ETH] in small sizes.

Positive
cover-imageCrypto Daily
February 10, 2025

Investment Firm Predicts Solana Will Surpass NYSE and NASDAQ

A bold new investment thesis from Multicoin Capital, a crypto-focused venture firm, suggests that Solana has the potential to outperform some of the most dominant names in traditional finance, including the New York Stock Exchange (NYSE), NASDAQ, and the Chicago Mercantile Exchange (CME).

Positive
cover-imageCryptonews
February 10, 2025

Sol Strategies Increases SOL Holdings by CAD $7.3M, Now Holds 214,342 SOL

Sol Strategies has acquired an additional 24,374 SOL tokens for CAD $7.3M, bringing its total holdings to 214,342 SOL. As Solana's ecosystem attracts more institutional interest, the firm continues its expansion into blockchain infrastructure and decentralized applications. The post Sol Strategies Increases SOL Holdings by CAD $7.3M, Now Holds 214,342 SOL appeared first on Cryptonews.

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