Tag Archives: Sol

New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation

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The newly launched PENGU token has stolen the spotlight after becoming the largest Solana-based memecoin by market capitalization. The token’s rally has gathered massive interest from large-scale investors, who have heavily invested in the token over the last few days. New Solana Token Steals The Spotlight On December 17, the Pudgy Penguins Non-Fungible Token (NFT)… Continue reading New Solana Memecoin Leader? PENGU Flips BONK Amid Whale Accumulation→

Solana Sees Consistent Capital Inflows Since 2023 – Liquidity Influx Signals Growth

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Solana has staged an impressive recovery, surging over 14% from its recent local lows, showcasing resilience after a period of correction. This renewed momentum has reignited investor optimism, positioning Solana as a standout in the crypto market. Key metrics from Glassnode further bolster this sentiment, revealing that Solana has consistently maintained a positive net capital… Continue reading Solana Sees Consistent Capital Inflows Since 2023 – Liquidity Influx Signals Growth→

DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report

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According to a report published today by blockchain security firm Hacken, decentralized finance (DeFi) protocols witnessed a steep decline in exploits in 2024, while centralized finance (CeFi) platforms more than doubled their losses due to security breaches. DeFi Platforms Show Better Security Mechanisms In its annual “Web3 Security Report,” Hacken outlined the general trends in… Continue reading DeFi Exploits Plunge 40% In 2024, But Centralized Exchange Losses Soar – Report→

Solana (SOL) Gearing Up: Is a New Surge on the Horizon?

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Solana remained stable above the $175 level. SOL price is now recovering losses and facing hurdles near the $200 and $205 levels. SOL price started a fresh increase after it tested the $175 zone against the US Dollar. The price is now trading above $190 and the 100-hourly simple moving average. There was a break… Continue reading Solana (SOL) Gearing Up: Is a New Surge on the Horizon?→

Solana Recovery Momentum Set The Stage For $194 Resistance Breakout

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Recent trading activities reveal that Solana (SOL) is showing signs of renewed strength as its price stages a notable recovery. After enduring a period of bearish dominance, SOL has found support at $164, sparking optimism among market participants. Currently, the cryptocurrency is approaching the critical $194 resistance level, a pivotal barrier that could determine the… Continue reading Solana Recovery Momentum Set The Stage For $194 Resistance Breakout→

Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term

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Solana (SOL) is navigating a turbulent period after facing a significant 33% correction from its all-time high at $264, reached in late November. Despite the sharp pullback, Solana demonstrates resilience, offering investors a promising long-term outlook. Renowned crypto analyst Carl Runefelt recently shared his insights on X, highlighting a compelling technical setup for SOL. According… Continue reading Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term→

Solana Price Continues Downward Slide — Is A Rebound Possible At $180? 

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Solana (SOL) was one of the large-cap assets affected by the recent market downturn triggered by the US Federal Reserve’s rate cut. The Solana price succumbed to the bearish pressure and fell beneath $200 for the first time in over a month. While the price of SOL has continued its downward spiral in the past… Continue reading Solana Price Continues Downward Slide — Is A Rebound Possible At $180? →

Solana Holds Monthly Support As Network Activity Grows – Time For A Breakout?

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Solana faced heightened volatility yesterday, dropping 7% following the Federal Reserve’s announcement of a 25 basis point rate cut and fewer projected cuts for 2024. Despite the sell-off, Solana’s price action remains resilient as it managed to hold above a critical support level, reinforcing confidence in its ability to weather macroeconomic shifts. While the market… Continue reading Solana Holds Monthly Support As Network Activity Grows – Time For A Breakout?→

XRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals

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An analyst has pointed out how XRP and Solana are among the altcoins that have just observed a Tom Demark (TD) Sequential buy signal on their 4-hour prices. Four Altcoins Are Seeing A Buy Signal On The TD Sequential In a new TD Sequential” is an indicator from technical analysis (TA) used to locate probable… Continue reading XRP, Solana Among Altcoins Witnessing TD Buy Signal, Analyst Reveals→

Solana Bull Flag Signals A Breakout To $300 – Analyst Shares Key Levels

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Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL’s price has been in a retrace, dampening the hype surrounding the cryptocurrency. The prolonged decline has left investors uncertain about the next move for Solana, with many questioning whether… Continue reading Solana Bull Flag Signals A Breakout To $300 – Analyst Shares Key Levels→