In a tale of contrasting halves, the crypto market underwent a rollercoaster ride for the first three quarters of 2023, with a downturn that seemed unrelenting. However, the last quarter heralded a wave of optimism, as the market saw a resurgence in bullish sentiment. Notably, top coins like Bitcoin and
Solana’s surge has been exceedingly spectacular, with the price rising to unprecedented levels. Despite the recent brief correction, Solana (SOL) has made quite an impact, with a price increase of 140% in the last 30 days. While wallets linked to the defunct FTX exchange continue to trade millions of dollars
The crypto market is now in a bullish trend, with Bitcoin trading firmly over $36,000 and altcoins enjoying huge increases. With Ethereum’s recent price increase, the cryptocurrency market as a whole has been trading in the green. The price of Solana (SOL) increased thanks to the general upbeat mood in
As part of its bankruptcy procedures, the defunct crypto exchange FTX has been aggressively selling off some of its cryptocurrency holdings over the last several weeks. Lookonchain conducted an investigation of FTX transfers and found that more than half of all FTX transfers involved Solana (SOL). In preparation for a
Solana (SOL) is retaining its increasing pace as it surpasses Polygon (MATIC) in daily decentralized exchange (DEX) volume. According to recent statistics compiled by blockchain analytics platform Artemis, Solana now outpaces Polygon in terms of both daily transactions and total DEX volume. Compared to Polygon’s $137.4 million, Solana’s DEX volume
Despite the recent price slump, Solana has shown incredible resiliency in continuing its upward trend. Recent on-chain statistics shows that the cryptocurrency ended October with a 61.58% rise. The overall crypto market has been trading in red lately with the price of Bitcoin down 3.17% in the last 24 hours,
Solana has shaken off the impact of fallen crypto exchange FTX’s bankruptcy to surge to its highest price of the year so far. After hitting a low of $18.25 in September, SOL has climbed over 70% to now trade above $41. Solana suffered disproportionately from FTX’s implosion last November, partly
Following Bitcoin’s recent climb, numerous altcoins witnessed a rapid gain, resulting in huge fluctuations in the crypto market. Solana (SOL) continued to show their resilience with higher moves despite the altcoin market entering a consolidation state lately. While this was taking place, Solana’s price continued to rise, and now sits
VanEck, a prestigious asset management company, recently released research on Solana that has generated a lot of discussion. Solana’s SOL token was given an optimistic forecast in the research, with a price increase to a whopping $3,211.28 by 2030. The report also considers a future in which Solana becomes the
Solana Labs has launched its first startup incubator as a deliberate effort to strengthen its blockchain ecosystem and attract entrepreneurs. The goal of the initiative is to persuade new businesses to use Solana as their primary blockchain system. The precise funding amount for this initiative is yet unknown. Solana Labs
