Solana Eases Gains: Can SOL Bulls Safeguard the $132 Support?

Solana started a fresh decline from the $155 resistance. SOL price is down over 10%, but the bulls are now protecting the $132 support. SOL price started a strong decline from the $155 resistance against the US Dollar. The price is now trading below $145 and the 100-hourly simple moving average. There was a break… Continue reading Solana Eases Gains: Can SOL Bulls Safeguard the $132 Support?

Matrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means

In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early June. His insights are especially relevant as the market approaches several key economic releases that could significantly influence the trajectory of major cryptocurrencies like… Continue reading Matrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means

Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm

Over the weekend, a crypto trader turned 70 SOL into $3 million with a Solana-based token. However, the investor’s success story was overshadowed by the controversial launch of the memecoin that made it possible. Trader Makes $3 Million In Minutes A crypto trader made millions in 30 minutes after investing $9,923 in Solana-based memecoin BAKED.… Continue reading Baked Or Burned? Trader Makes 307x From Solana Token But Investors Raise The Alarm

Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO

Solana has been showing a breakout over the last few days, but data shows crowd FOMO is rising, which could be a bad sign for the rally. Solana Social Volume Has Shot Up Alongside The Rally According to data from the on-chain analytics firm Santiment, the SOL social volume has observed a sharp increase following… Continue reading Solana (SOL) Surges 18%, But Watch Out For Crowd FOMO

Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout

Solana (SOL), a cryptocurrency renowned for its fast transaction speeds, might be on the verge of a significant comeback. Technical analysts are drawing parallels between the current price chart and a previous pattern that preceded a substantial price surge in 2022, sparking optimism for a bullish reversal. Solana: Chart Pattern Suggests Possible Rebound The buzz… Continue reading Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout

Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery

Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish developments, but the analyst highlighted what could send the market into a downtrend again.   Why The… Continue reading Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery

Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend

Solana started strong increase above the $135 resistance. SOL price is up over 10% on the ETF hopes and it might rise further toward $162. SOL price started a steady increase and cleared the $142 resistance against the US Dollar. The price is now trading above $142 and the 100-hourly simple moving average. There is… Continue reading Solana (SOL) Rockets Over 10%: Analyzing The Bullish Trend

Solana Trading Plunges 93% In 24 Hours: Where Did The $100 Billion Go?

Solana has been thrown into a tailspin after a shocking revelation: its daily stablecoin volume may have been significantly inflated. Reports indicate a staggering drop – from a dizzying $75-100 billion to a mere $7 billion in a 24-hour period. This dramatic shift has unsettled the crypto community, raising serious questions about the legitimacy of… Continue reading Solana Trading Plunges 93% In 24 Hours: Where Did The $100 Billion Go?

Master Of Scams: Metallica’s Hacked X Account Promotes Solana Token

Nearly a month after Caitlyn Jenner launched her JENNER token, the celebrity memecoin frenzy continues. This time, iconic heavy metal band Metallica joined the list of public figures involved with Solana tokens. However, the band’s participation in the crypto industry was yet another X account hack targeting investors. Solana-Based METAL Takes Over Crypto The iconic… Continue reading Master Of Scams: Metallica’s Hacked X Account Promotes Solana Token

Pundit Is Undeterred By The Solana Price Crash, Says Price Is Headed For $1,000

The Solana bearish price action might be coming to a close, as many cryptocurrencies have started to show mixed price action in the past 24 hours. Dialing the price action further back shows Solana has been mostly bearish and has been on a price decline since the beginning of the month. Notably, the crypto recently… Continue reading Pundit Is Undeterred By The Solana Price Crash, Says Price Is Headed For $1,000