Tag: Solana

Solana (SOL) Inches Toward $200—Breakout Confirmation Needed

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Solana started a fresh decline from the $210 zone. SOL price is consolidating and might aim for a fresh move above the $200 resistance zone. SOL price started a fresh decline below the $205 and $200 levels against the US Dollar. The price is now trading below $200 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $198 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls clear the…

Solana Whale Breaks Silence, Moves Over 61,000 SOL In Massive Pullout

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Este artículo también está disponible en español. The cryptocurrency community is speculating about a potential Solana (SOL) price explosion. Adding to this speculation? Recent large-scale SOL purchases by affluent investors, or “whales,” and market analysts’ optimistic forecasts. Related Reading Whales Spring Back To Life: Bullish Sign? The lifeblood of crypto analysis, on-chain data shows an interesting tendency: Two once dormant “smart money” addresses have sprung alive and each is grabbing large amounts of SOL. Identified as “GJwCU,” one of these whales re-emerged to collect 30,901 SOL tokens, a cool $6.24…

Solana Application Revenue Skyrockets to $840M in Q4 2024

Much of the revenue was generated in November which topped $367 million or nearly $100 million more than the revenue generated in the entire previous quarter. Application Revenue on Solana Shoots up 213% Several so-called “Ethereum Killers” like Cardano and EOS have come and gone, but thus far, only Solana has given the “world computer” […] Source CryptoX Portal

Here’s why Litecoin, Shiba Inu, Solana, Bitcoin prices just tumbled

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Bitcoin and other altcoin prices traded lower on Wednesday after the U.S. released hotter-than-expected consumer inflation data. Bitcoin (BTC) fell by 3%, while other popular altcoins saw steeper declines. Litecoin (LTC) was one of the worst-performing coins, dropping over 11% in the past 24 hours. Shiba Inu (SHIB) and Solana (SOL) fell by more than 5%, while the total market cap of all cryptocurrencies declined by 3% to $3.11 trillion. US inflation soared in January The main catalyst for the sell-off was a report showing that U.S. inflation surged in…

XRP and Solana eye ETFs while Agent A.I. builds its future

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As XRP and Solana eye ETF approvals, Agent A.I. is making waves with its fusion of AI and meme coin culture. XRP and Solana (SOL) are emerging as key players, with their sights set on exchange-traded funds. Meanwhile, a fresh contender, Agent A.I., promises to shake things up with its unique approach. Agent A.I. stands out amid claims of fake intelligence, presenting a meme coin with a playful yet…

5 Best Altcoins For the Bull Run as Solana TVL Hits New Highs

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According to Messari’s latest reports, Solana TVL (total value locked) absolutely exploded in Q4 2024, ending the year in style. TVL on Solana rose to $8.6B, an incredible growth of 486% from last year. Furthermore, the quarter-on-quarter growth rate also stood at an impressive 64%. After amassing a record-breaking TVL in 2024, Solana now ranks second among blockchains after it surpassed Tron in December. Whether it’s the meme coin niche (with Pump.fun) or decentralized finance (DeFi) overall, Solana is on a roll as far as blockchain development goes. With Solana…

Solana Forms Ascending Triangle For Possible Breakout, Analyst Sets $565 Target

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Este artículo también está disponible en español. Crypto analyst Trader Tardigrade has drawn the community’s attention to a bullish pattern that has formed for Solana. Based on this pattern, the analyst predicted that SOL could witness a parabolic rally to a new all-time high (ATH) and provided a target that the crypto could reach.  Solana Could Rally To $565 As Ascending Triangle Forms In an X post, Trader Tardigrade predicted that Solana could rally to $565 following the formation of an ascending triangle. He noted that SOL has been forming…

Analyst Eyes $387 For Solana As Key Support Levels Strengthen

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Este artículo también está disponible en español. Despite market turbulence, Solana (SOL) is showing resilience by maintaining a critical support level that analysts think may serve as a launching pad for further gains. A solid pricing structure may open the door for a spike toward $387 in the upcoming months, as SOL presently trades at about $204. However, how feasible is this goal? Related Reading Maintaining Key Support Levels Solana’s ability to keep vital support zones has been one of its strongest suit in recent weeks. SOL has shown positive…

Top 6 Meme Coins to Buy as SEC Acknowledges First-Ever Solana ETF Application

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Este artículo también está disponible en español. The US Securities and Exchange Commission (SEC) has finally acknowledged a bid to create an exchange-traded fund (ETF) for Solana. The bid was filed by Grayscale, a crypto asset management firm. This is particularly noteworthy because it reflects a change of heart of the top regulatory body. After all, the SEC rejected a similar bid just six weeks ago.  However, that was before Donald Trump arrived in the White House. So, this is another clear signal that the new US government is very…