Tag: Solana

Solana Overtakes Ethereum in Google Search Interest

In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum.  In 2023, searches on Google for “Solana” surpassed those for “Ethereum” for the first time since the launch of both cryptocurrencies in 2020 and 2015, respectively. The move comes after the digital asset flipped XRP as the fifth largest crypto in the world, according to market capitalization on December 21. The Proof-of-Stake (PoS) protocol continued its upward…

Here’s The Reason The Solana price Fell 8% To $98

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The Solana price growth for the past few months seems to have hit a barrier just above the $120 price level. The price of Solana (SOL) fell around 8% on Thursday to about $98, showing the sheer volatile nature of the crypto market.  As a result, Solana slipped below BNB in market cap rankings, as the latter rallied 9% to take back the fourth spot. According to on-chain data, there’s been an increase in transfers of what looks like profit-taking from Solana whales.  Large Whale Sells $38.2 Million in SOL…

Solana and XRP trending, analysts expect this P2E coin to rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana (SOL) soared to over $110 on Dec. 26. XRP has been slow NuggetRush will offer gold rewards and NFTs. Solana has been firm, while XRP has been gradually rising since November. Analysts are also eyeing NuggetRush (NUGX) as a potential Solana competitor. NUGX is up 50% since the start of the presale.  Solana nears $130 SOL rose from less than $30 to over $110 in just a few…

Solana price prediction: analyst shares his forecast

The analyst says Solana is stuck between support at $110 and resistance at $120 as it trades in a rangebound state. In his latest YouTube video on Dec. 26, the analyst behind the popular Cilinix Crypto channel shared his thoughts on recent price action in the Solana (SOL) market. He believes the altcoin remains fundamentally strong, but traders should remain patient amid questionable year-end trading conditions. Speaking to his viewers, the analyst said Solana is currently rangebound between support at $110 and resistance around $120. Yesterday, Solana briefly broke above…

Solana Surges Nearly 83% in a Week As SOL’s Decentralized Exchange Volumes Now Rank Second After Ethereum’s

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New data from decentralized finance (DeFi) tracker DeFiLlama reveals that surging altcoin Solana (SOL) is now the top traded digital asset on decentralized exchanges (DEXs) behind Ethereum (ETH). Solana’s trading DEX volume has soared by more than 25% in the past week for a total of $5.6 billion, catapulting it into the second highest traded digital asset on DEXs, according to DeFiLlama. On December 13th, Solana ranked just fourth by DEX trading volume. Ethereum is the top traded DEX asset with $8.89 billion in trading volume in the past week. Source:…

Solana Breaks New Record, Will This Send SOL Price To $200?

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Solana recently reached a new milestone in December, as the crypto continues its trend of massive gains this year. Solana’s price has almost doubled its price at the beginning of the month, increasing appeal among users. In line with this trend, the Solana blockchain has attracted an extraordinary increase in user engagement this month.  Although there is still one week remaining in the month, the monthly activity level of Solana’s addresses has surpassed its previous greatest point this year, reaching a new milestone of over 16.45 million in December.  At…

Solana Soars Above $117, Meme Coin Craze Extends Momentum

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The native cryptocurrency of Solana continued a spectacular climb that has already lasted three weeks by breaking beyond the $110 mark on Sunday morning. This is a strong demonstration of resilience. The price of SOL has surged, reaching a level not seen since the night before Terra collapsed a year and a half ago. This coincides with a substantial uptick in meme coin activity in the cryptocurrency space, which is helping to increase the platform’s acceptance and appeal. Solana Surges: 400% Rally Sparks Crypto Renaissance The remarkable rise of Solana…

Solana Decentralized Exchange Altcoin Skyrockets More Than 95% This Week Amid Roaring Network Growth

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The native token for a decentralized exchange (DEX) built on Solana (SOL) has skyrocketed by more than 95% this week amid roaring network growth. Raydium (RAY) is an on-chain order book automated market maker (AMM). The project’s native token, RAY, is trading at $1.72 at time of writing, up from around $0.88 one week ago. The 144th-ranked crypto asset by market cap is also up nearly 16% in the past 24 hours and more than 1,140% since the start of 2023. RAY’s recent gains have materialized as the Raydium protocol…