Tag: Solana

Galaxy Research proposes new voting system to reduce Solana inflation

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Crypto research firm Galaxy Research has made a proposal to adjust the voting system that decides the outcome of future Solana inflation following the failure to come to a consensus in a previous vote. On April 17, Galaxy introduced a Solana proposal called “Multiple Election Stake-Weight Aggregation” (MESA) to reduce the inflation rate of its native token, SOL (SOL). The researchers described the proposal as a “more market-based approach to agreeing on the rate of future SOL emissions.” Rather than using traditional yes/no voting for inflation rates, MESA allows validators…

Solana Turns Bullish On 8H Chart – Break Above $147 Could Confirm New Trend

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana is now at a critical juncture as it trades around a pivotal price level that could determine its short-term direction. After weeks of selling pressure and underwhelming price…

Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP remains one of the most popular coins in the market, with a cult-like community that has supported it for years. With the bullish sentiment surrounding it, the altcoin…

Solana (SOL) Breaches Most Important Price Mark as Volume Jump 35%

Key Notes Solana trading volume rose 35%, pushing the price above the $129 pivot zone. Over $120 million in liquidity returned to Solana from other networks. A TD Sequential buy signal and meme coin rally now hint at further upside. Solana SOL $133.1 24h volatility: 5.8% Market cap: $68.69 B Vol. 24h: $5.33 B has crossed a key price level that may shape its near-term direction. Notably, a sharp 35% rise in trading volume and renewed investor activity have brought the network back into focus. Solana Price Sets Key Pivot…

Solana price is up 36% from its crypto market crash lows — Is $180 SOL the next stop?

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Solana’s native token SOL (SOL) failed to maintain its bullish momentum after reaching the $134 level on April 14, but an assortment of data points suggest that the altcoin’s rally is not over. SOL price is currently 57% down from its all-time high, partially due to a sharp decline in its DApps activity, but some analysts cite the growth in deposits on the Solana network as a catalyst for sustained price upside in the short term. Blockchains ranked by total value locked, USD. Source: DefiLlama Solana has established itself as…

Solana Retests Bearish Breakout Zone – $65 Target Still In Play?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana is trading above the $125 level after bulls stepped in and reclaimed key levels, sparking optimism across the market. After enduring weeks of massive selling pressure, this recovery…

Solana Could Tank to $65, but There’s Still Hope

Key Notes A prominent analyst predicts a potential drop to $65 for the SOL token based on a bearish pattern. Real estate financing platform Janover purchased $10.5M worth of SOL and now holds $21.2M in SOL. NFT marketplace OpenSea also announced the trading of SOL tokens on the platform for select users. Solana (SOL) has experienced a notable dip in price, mirroring the broader cryptocurrency market sentiment as Bitcoin also faced selling pressure. Over the past 24 hours, SOL has shed almost 5% of its value, currently trading around $125.41…

Solana Hits Milestone as Canada OKs First Spot ETFs

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Canada’s financial regulators have given the green light to multiple spot Solana (SOL) exchange-traded funds, marking another cryptocurrency milestone for the country. According to Bloomberg ETF analyst Eric Balchunas,…

3iQ’s Canadian Solana ETF selects Figment as staking provider

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Blockchain infrastructure provider Figment has been selected as the staking provider for 3iQ’s newly approved Solana exchange-traded fund (ETF), underscoring Canada’s continued efforts toward adoption of digital asset financial products. Figment will enable institutional staking for the 3iQ Solana (SOL) Staking ETF, which launches on the Toronto Stock Exchange on April 16 under the ticker SOLQ, the companies said in a statement. In addition to 3iQ, Figment provides staking infrastructure solutions to more than 700 clients.  The Ontario Securities Commission (OSC), a provincial regulator, green-lighted 3iQ’s SOL fund on April…

Solana Price Eyes Breakout Toward $143 As Inverse Head & Shoulders Pattern Takes Shape On 4-hour Chart

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Solana appears to be gearing up for a major technical breakout, with recent price action building up an interesting chart formation. A familiar bullish pattern has formed, and if…