Solana (SOL) is entering a pivotal phase after rallying more than 40% since early August, pushing the price to its highest level since February. This remarkable surge has reignited bullish sentiment, with traders and investors now closely watching whether Solana can sustain its momentum or if a period of consolidation lies ahead. The coming days…
View More Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance
On Friday, VanEck, asset manager and cryptocurrency exchange-traded fund (ETF) issuer, announced a new filing for a spot Solana ETF backed by JitoSOL with the US Securities and Exchange Commission (SEC). This marks a significant change from other crypto ETFs as it would be the first fund to utilize a liquid staking token. A New…
View More VanEck’s New Spot Solana ETF Filing, Leveraging JitoSOL As Backbone
The Solana (SOL) market has registered a near 2% price increase in the last 24 hours, representing slight relief for investors enduring steep losses from the last week. Between August 14 and 15, the altcoin tumbled by roughly 13%, sliding from near $210 to around $180 as broader crypto markets reacted to US Producer Price…
View More Solana Trading Range Indicates Potential Price Fall To $160 – Analyst
Amid the recent market pullback, Solana (SOL) is attempting to reclaim a crucial area to continue with its bullish rally. Some analysts have suggested that the cryptocurrency will likely break out to new highs if a key support level is held. Solana Back Below $200 Earlier this week, the market soared under the lead of…
View More Solana Drops To $185 Support Amid SEC ETF Delay, But Analysts Eye Massive Breakout
The Solana price experienced all phases of the crypto market this week, starting with a muted performance of around $180. However, the past seven-day period took a better turn when the altcoin surged above the $200 mark, rising as high as $205 on Thursday, August 14. Unfortunately, the Solana price didn’t enjoy this return above…
View More Solana Price Drops To $185 — Here’s Why The Momentum Didn’t Last
Solana is once again in the spotlight. Blockchain data by Arkham Intelligence shows that an Alameda Research staking account has unstaked $35 million worth of SOL. Alameda Research initially locked up the SOL in late 2020. A convicted fraudster, Sam Bankman-Fried, founded Alameda Research, once a prominent quantitative cryptocurrency trading firm and the sister company…
View More Alameda Research Unlocks $35M In Solana After 4 Years – Imminent Distribution?
Solana remains bullish on the daily chart, cruising within a strong ascending channel and pushing toward the mid-range with fresh upside momentum. However, short-term weakness on the hourly chart shows price slipping below key moving averages, signaling potential pressure. Daily Chart Holds Bullish Structure GodstarPL, in a detailed update bullish structure reflects consistent buying interest…
View More Solana Faces Mid-Channel Standoff As Hourly Weakness Challenges Bullish Structure
Popular market analyst and key opinion leader (KOL), Ted Pillows, shares an insight into the Solana (SOL) market, stating the altcoin is likely to experience further price corrections in the short term. This price forecast comes amid a general crypto meltdown during which Solana prices have crashed by over 15% in a week. SOL Charts…
View More Solana Brewing Cup-And-Handle Pattern Suggests Drop To $140 – Details
Solana co-founder Anatoly Yakovenko is facing backlash from the crypto community over his comments about meme coins and non-fungible tokens (NFTs). Yakovenko made these remarks against these tokens despite his network being home to most of the top meme coins by market capitalization. Crypto Community Reacts To Solana Founder’s Comments The crypto community criticized Anatoly…
View More Crypto Community Blasts Solana Founder Over This Meme Coin/NFT Comment
Solana is treading on thin ice as it tests a crucial support zone between $175 and $177, a range that could decide its next big move. After a sharp rejection near $190, selling pressure is mounting, raising the stakes for bulls trying to defend this key area. Momentum Fades: Solana Slips Below Key Moving Averages…
View More Solana In The Danger Zone – Will $175 Support Hold Or Collapse?