Tag: Solana

SOL Price Reaches Make-or-Break Levels – Can Solana Pump Again?

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Solana is moving lower from the $120 resistance. SOL price is showing a few bearish signs and might decline sharply toward the $80 support. SOL price started a fresh decline from the $120 resistance against the US Dollar. The price is now trading below $102 and the 100 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $102 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could continue to move down toward the $85 support or even $80.…

Solana (SOL) Price Eyes $120 Amid Surge in Network Usage

Solana price has reclaimed the $100 territory on Jan. 18, but vital on-chain metrics are flashing signals of a prolonged rally toward $120.  Following the Bitcoin spot ETF approval verdict, Bitcoin dominance has waned as investors redirect capital towards the altcoin markets. In effect, Layer-1 projects, including Solana (SOL), Ethereum (ETH), and Cardano (ADA) have witnessed increased demand this week.  Solana network usage has hit a 2024 peak  Solana bulls have fiercely defended the $90 support level amid intense volatility in the cryptocurrency markets. At the time of writing on…

Trillion-Dollar Franklin Templeton Shares High Praise For Solana, Is A SOL ETF Coming?

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American multinational asset management company Franklin Templeton has showered high praises on Solana, triggering widespread speculation about the potential of a Solana ETF in the future.  Franklin Templeton’s Approval Of Solana Sparks ETF Talks On Wednesday, January 17, Franklin Templeton’s official X account expressed their admiration for the Solana, commending the blockchain network’s progress and continuous developments within its ecosystem.  The asset management company highlighted Solana’s notable accomplishments during the fourth quarter of 2023. Specific mentions were made regarding Solana’s innovative NFT projects over the past months, its impactful presence…

Solana likely to rally; GFOX presale targeting $5m

The Ethereum (ETH) rally has dominated markets, following Bitcoin’s (BTC) sustained rally since June last year. Typically, liquidity flows to BTC, then ETH, and, lastly, altcoins, washing down from majors to small caps. If the second liquidity flow has started, it is only a matter of time until other top 10 crypto coins start their respective rallies.  Investors should target the strongest major and a strong front-runner in the micro caps, ideally a presale.  Meanwhile, Solana (SOL) could see another rally based on ecosystem growth, and the Galaxy Fox (GFOX) presale…

Solana drops 7% after rally, what’s next for SOL?

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana has experienced bearish momentum this week as it retraces by 7%. But the move has sparked fears of further downside after breaking below $100.  Will SOL recover to continue its rally, or are new lows imminent? Traders back Solana Market participants are notably bullish on the upcoming weeks and months for crypto, with this sentiment spilling over into Solana despite its recent pullback. Currently, Solana is trading at…

Solana Mobile Preparing Lower-Cost Crypto Smartphone Successor to Saga

Solana Mobile plans to significantly reduce the price to make the smartphone more competitive and affordable compared to Saga. Solana Mobile made a big impact last year when it introduced Saga, a smartphone designed specifically for cryptocurrency enthusiasts. The phone stood out because it had a built-in hardware wallet and supported decentralized apps. It was a success, and now Solana Mobile is working on a new, more affordable smartphone to attract a wider audience. According to a report by Coindesk, the upcoming Solana phone will have the same important features…

Solana Mobile to Sell Second Crypto Smartphone: Source

The upcoming phone will have the same basic features as its predecessor, called Saga: an onboard crypto wallet, custom Android software and a “dApp store” for crypto applications – but at a cheaper price point and with different hardware, the person said. The original phone cost $1000 when it first launched last year but later saw prices reduced amid struggling sales. Source

Crypto Analyst Says A Solana Price Will Climb To $750, Here’s When

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Crypto YouTuber Jake Gagain has shared his “insane price prediction” for Solana (SOL) as he said that the crypto token will climb to $750. The crypto analyst didn’t stop there as he also provided a timeframe for when this price level would be attained.  Solana Price To Rise To $750 In 2025 Gagain said that he expects Solana to hit this price level by 2025 in an X (formerly Twitter) post. In the accompanying video, he outlined several reasons for this bullish sentiment. For the first, he alluded to the…

Solana, Avalanche, and Rebel Satoshi set for gains in 2024

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana (SOL) may rise 65.7% in 2024.  Avalanche (AVAX) will retest $63 by the end of 2024.  Rebel Satoshi (RBLZ) may rally in 2024.  Crypto analysts are sharing 2024 outlooks to guide investment decisions. Altcoins like Solana (SOL) and Avalanche (AVAX) may likely see strong gains next year. The new meme coin Rebel Satoshi (RBLZ) is also emerging as an analysts’ pick. Reviewing expert projections around SOL, AVAX, and RBLZ…