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Search Results for: Solana

Is Solana Ready to Break Free From Its Consolidation?

Solana (SOL), one of the leading altcoins, gained the attention of traders today by surging 4% in the past 24 hours, hitting a one-week high of $154. After a bearish week that saw its price drop below $135, SOL has shown signs of recovery over the past two days, recording

October 14, 2024 2 mins read

Solana Price Shows Resilience Above $140 Amid Ongoing Consolidation

Solana (SOL) has been drawing a lot of attention recently thanks to an upswing in positive social media sentiment, and the cryptocurrency industry as a whole is showing signs of rebound. Unverified reports that IT giant Apple is considering launching a project on the Solana Blockchain have piqued the interest

October 14, 2024 1 min read

Solana Sees Spike in Daily Active Addresses: How Will It Affect SOL Price?

Solana, the Layer-1 blockchain platform, has experienced a notable resurgence in user activity over the past week, marking a significant turnaround from its recent slump. This revival is characterized by increases in both daily active addresses and new user onboarding, signaling a potential shift in the network’s trajectory and its

October 11, 2024 2 mins read

Solana’s Crossroads: Analyzing SOL’s Consolidation and Potential Breakout Scenarios

Solana (SOL) finds itself at a critical juncture as it navigates a tight consolidation range, prompting market analyst Edward to anticipate a sudden movement. The cryptocurrency’s price has been oscillating between $143.33 and $144.70, creating a defined trading range that has caught the attention of traders and investors alike. Edward’s

October 11, 2024 1 min read

SUI Ranks Third In Altcoin Netflow, Behind Ethereum and Solana

The SUI ecosystem has emerged as a focal point for investor attention this October, setting multiple records and outperforming many of its altcoin peers. While numerous cryptocurrencies struggle to maintain recovery momentum, SUI had achieved new all-time high of $2.16, showcasing its robust market performance. CoinMarketCap data reveals that the

October 9, 2024 2 mins read

Can Solana Recover After a 9% Weekly Decline?

Solana (SOL) experienced a 3.29% drop in the last 24 hours, trading at $143.12 after reaching a six-day high of $153 just yesterday. Despite this price drop, its trading volume surged by 28% within the same period. Over the past week, SOL has fallen by 9%, reflecting the broader market

October 8, 2024 2 mins read