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Search Results for: sol

Solana Rebounds Briefly After Finding Key Support at $136 Level

Despite a recent low of $137, the price of Solana (SOL) is showing substantial momentum. as the price is seeing a remarkable comeback. By ignoring the retail sector entirely, Solana is aiming for widespread institutional adoption. The introduction of a spot Solana exchange-traded fund (ETF) in the US is being

August 19, 2024 1 min read

Tackling Digital Inequality: Solutions for Global Connectivity

The world is more connected than ever, but there are still billions of people without an internet connection. In today’s society, where so much of our daily lives depend on internet access, this gap has become a challenge to global development. Digital inequality not only worsens current social and economic

August 16, 2024 6 mins read

Must-Buy Altcoins for the Upcoming Alts Season: Solana, Avalanche, Litecoin, VeChain, and Optimism

The cryptocurrency market is currently experiencing a significant resurgence, marked by solid gains across various digital assets. This positive sentiment is largely driven by renewed investor confidence and optimistic market conditions. Notably, major cryptocurrencies like Bitcoin and Ethereum have seen substantial increases in their values, indicating a bullish market sentiment. 

August 15, 2024 6 mins read

Solayer Labs Unveils Solana Restaking Amid Binance Labs Support

Solayer Labs has recently made headlines with the launch of its Solana restaking protocol on the mainnet, marking a significant milestone for the Solana ecosystem. This launch heralds the beginning of Solana’s restaking era, with initial Asset Verification Systems (AVSs) including Bonk, SonicSVM, and HashKey Cloud. Moreover, in a recent

August 15, 2024 2 mins read

Solana Forms Lower Highs and Lows: What’s Next For SOL?

Solana (SOL) is struggling with conflicting market forces and technical indicators. The cryptocurrency’s recent price action has been characterized by a series of lower highs and lows, a pattern typically associated with bearish sentiment. However, beneath this apparent weakness, signs of a potential bullish reversal are beginning to emerge, setting

August 14, 2024 2 mins read

Only 3 Days Left: NIGGA COIN – The New Wave of Innovation on the Solana Blockchain

NIGGA COIN is an innovative meme coin built on the Solana (SOL) network, capturing massive attention within the global cryptocurrency community. As the presale draws to a close on August 17th at 9:00 AM, millions of dollars have already been raised, with countless investors recognizing the potential and future value

August 14, 2024 3 mins read

Is XRP Poised for Major Price Surge After Years of Consolidation?

As Q3 unfolds, the altcoin market continues to grapple with bearish conditions. However, XRP stands out with a notable surge, climbing 12% over the past week from a low of $0.4319. Currently trading at $0.5803, XRP’s recent performance contrasts with the broader trend of slow recovery among altcoins. Analysts remain

August 14, 2024 2 mins read

PayPal’s PYUSD Stablecoin Supply on Solana Exceeds Ethereum

PayPal’s U.S. dollar-pegged stablecoin, PYUSD, has seen significant expansion since its inception, with its supply on Solana now exceeding that on Ethereum.  In August 2023, PYUSD launched on Ethereum in partnership with custodian Paxos, and its initial supply grew to $230 million by the end of the year. Due to

August 13, 2024 2 mins read

Can Solana (SOL) Turn the Tide and Break Out This Week?

Solana (SOL), the fifth-largest cryptocurrency by market cap, has extended its recent downward trend, failing to break out of the $150 zone. As bears are overpowering the feud, SOL dropped down to a brief bearish zone at $146.  Notably, in the last 24 hours, after a 2.30% drop, SOL managed

August 13, 2024 2 mins read