Key Notes Solana is well-positioned to break the $350 mark by 2026, a crypto analyst wrote. X’s Grok AI called it a “key investment” opportunity. Solana’s funding rate fell into the negative zone again. Solana SOL $163.3 24h volatility: 4.5% Market cap: $87.89 B Vol. 24h: $4.72 B is seeing optimism from analysts and even X’s Grok AI while the crypto market lost billions over the past day. SOL declined by 2% in the past 24 hours and is trading at $164.4 at the time of writing. Its market cap…
Tag: Solana
Public Companies Boost Solana Holdings For Staking Rewards
Public companies are scooping up Solana to get a slice of the blockchain’s staking rewards, with three firms recently sharing they’ve purchased more of the token. Bitcoin mining firm Bit Mining said on Tuesday that it made its first Solana (SOL) buy, purchasing 27,191 SOL worth $4.5 million, and launched a validator to earn yield by staking the tokens. Meanwhile on Tuesday, Upexi, a brand owner specializing in supply chain management, said it spent most of July buying Solana and increasing its holdings from 735,692 tokens at the end of…
Solana Preparing For ‘Real Move’? Analyst Forecasts ATH In Q3
As Solana (SOL) attempts to reclaim a crucial level, a market watcher forecasted a massive rally for this quarter. However, some analysts suggested that the cryptocurrency will retest the range lows soon. Related Reading Solana Nears Crucial Level On Tuesday, Solana surged 9.6% from the recent lows, driven by the start of Solana Mobile’s global shipments of the Seeker, its second-generation Web3 smartphone, to over 50 countries. The news propelled the altcoin to a multi-day high of $171, fueling bullish sentiment among investors before its price retraced to the mid-zone…
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Bit Mining Executes Solana Plan: Buys Over 27,000 SOL, Runs Validator
Bit Mining has purchased 27,191 solana ( SOL) tokens and launched its first Solana network validator, marking a significant step in its strategic shift towards the ecosystem. New Validator Marks Bit Mining’s Deeper Solana Push The company told Cryptox.trade News that it spent approximately $4.89 million to acquire the solana ( SOL), establishing what it […] Source CryptoX Portal
Solana Hits $170 as Seeker Ships Globally, $200 Next?
Key Notes Solana Mobile has confirmed the start of the delivery of the Seeker phones to customers worldwide. Coincidentally, the Solana price has moved to $170 after a brief drawdown. Each Seeker smartphone is priced between $450 and $500 and includes features designed to add value for investors. From trading at around $162 a few days ago, Solana SOL $164.4 24h volatility: 1.3% Market cap: $88.51 B Vol. 24h: $5.42 B has recently reclaimed $170, a move that coincides with the commencement of global shipping of the Seeker Mobile phones.…
Solana (SOL) Coils for Upside Move – Will Resistance Give Way?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
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Solana Ships Device ‘Seeker’ to Over 50 Countries
Solana Mobile has started shipping the second generation of its mobile device on Monday, supplying users in over 50 countries. The Seeker phone, which has amassed over 150,000 pre-orders, will feature upgraded technology, a mobile-native crypto wallet and a decentralized application store that bypasses “cryptophobic censorship” seen in app stores today. Solana Mobile general manager Emmett Hollyer told Cointelegraph that the Seeker comes with hardware improvements across the board compared to the first-generation Saga. “But what really sets Seeker apart is its onchain features.” One of the device’s onchain features…
Solana Surges 4% to $168 as Artelo Becomes First Pharmaceutical Firm to Adopt SOL
Key Notes Pharmaceutical company Artelo commits $9.475 million to Solana treasury, marking first biotech institutional adoption of SOL tokens. Technical analysis shows bullish MACD crossover with potential resistance at $180 level as SOL recovers from recent double-digit losses. Layer-2 project Solaxy positioned to benefit from institutional adoption wave, offering 70% staking APY ahead of mainnet launch. Solana SOL $166.6 24h volatility: 3.0% Market cap: $89.74 B Vol. 24h: $4.95 B price climbed 4.05% to trade at $168.48 on Monday, August 4, aligning with rivals Ethereum ETH $3 676 24h volatility:…