On Thursday, as the broader cryptocurrency market showed signs of recovery, Solana (SOL), one of the leading altcoins, surged past the $200 mark, reflecting an 8% increase over the past 24 hours. This upward momentum brings the sixth-largest cryptocurrency by market capitalization closer to its all-time high achieved in November 2024. However, market experts caution…
View More Prepare For A Solana Sell-Off: How Grayscale’s 2025 Unlocks Could Shake The Market
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…
View More Solana Holds Weekly Support At $180 – Analyst Expects $330 Mid-Term
As the broader crypto market rebounds following Donald Trump’s election on 5 November, Solana (SOL), currently the sixth largest token by market capitalization, has resumed its bullish trajectory, recently reclaiming the $230 price level. On Wednesday, the Solana price surged nearly 7%, reaching $232 after a two-week correction period that followed its current all-time high…
View More Solana Set For Explosive Growth: Expert Predicts 1650% Price Increase Based On This Pattern
On Thursday, Fox reporter Eleanor Terret revealed that the US Securities and Exchange Commission (SEC) is actively engaging in discussions with several asset managers regarding the launch of the new spot Solana ETF market. The firms involved include VanEck, 21Shares, Canary Capital, and Bitwise, all seeking to introduce products tied to the Solana price. SEC Progresses…
View More Solana ETF Prospects Brighten Amid Productive SEC Talks With Issuers
A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises…
View More Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks
Solana (SOL) is currently trading at a crucial demand level near $163, following a retrace from local highs around $183. This price is a critical support area that could determine the direction of SOL’s upcoming price action. Losing this level could signal a deeper correction, which would intensify selling pressure and potentially push SOL to…
View More Solana Likely To Target $200 ‘If It Holds Current Support’ – What To Expect
After a brief retracement, the Solana price has found support at the $163 mark and is currently trading at approximately $168. The cryptocurrency is again approaching a significant resistance level at $170, which has posed a challenge for the token over the past month. Despite the recent fluctuations, bullish sentiment surrounding Solana remains strong among…
View More Solana Price Prediction: Analyst Projects Colossal 400% Uptrend This Cycle, Reveals Ultimate Target
Amid bullish predictions for the market’s fifth-largest cryptocurrency, Solana (SOL), asset manager VanEck announced a significant upgrade to its Solana exchange-traded note (ETN), which now offers an automated staking feature, contributing to SOL’s ongoing price recovery. New Staking Rules For VanEck’s Solana ETN Matthew Sigel, head of digital asset research at VanEck, revealed that the…
View More Solana Eyes New All-Time High Of $370 After Cup And Handle Breakout
Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under…
View More Solana Struggles To Break $160 Resistance As Top Analyst Predicts A Coming Surge
Solana is testing a crucial supply level around $160 following a strong 15% surge since last Friday. The crypto market is experiencing heightened volatility as optimism grows, increasing token prices. In recent weeks, Solana and other major cryptocurrencies have been on a rollercoaster ride, and the coming weeks promise continued uncertainty as volatility shows no…
View More Solana Targets $160 Resistance As TVL Hits New Yearly Highs