As the community eases into a pro-crypto world, several altcoins take to the spotlight every other day. With price actions stealing the show, other sectors such as DeFi, and ETPs also attempt to draw investors’ attention. Meanwhile, in the regulatory sector, Russia has passed a law structuring crypto taxations and
Solana’s recent price action has created a challenging environment for bullish traders, with the cryptocurrency experiencing a notable correction from its all-time high of $264.63 reached on November 22. The 10% decline over the past week has triggered a cascade of market effects that warrant careful analysis to understand the
Solana blockchain’s NFT analysis and trading platform Sol Sniper announced the launch of memecoin trading bot SniperX. It makes memecoin trading directly accessible on X and allows traders to view all the market price data on the social media platform itself. Introducing SniperX The first memecoin trading bot for X
Solana (SOL) has encountered significant headwinds in its attempt to reach new historic highs, with the price consolidating around $238. A comprehensive analysis of multiple technical indicators suggests that the cryptocurrency might face additional downward pressure in the near term. The liquidation heatmap, a sophisticated tool for understanding potential price
Solana (SOL) has captured investor attention with its impressive performance in the last week. Currently Solana is trading at $236.34, SOL has experienced a 2.32% dip in the last 24 hours but remains a dominant force in the crypto market. Its market cap stands at $112.24 billion, with a 24-hour
Solana (SOL) has encountered significant selling pressure following its recent ascent to an all-time high of $264.63 on November 24. Currently trading at $232.72, the cryptocurrency has experienced a 12% retracement, prompting a notable shift in market sentiment and trading behavior. The derivatives market paints a particularly telling picture of
Solana (SOL) has captured the attention of the cryptocurrency market, soaring to an all-time high of $265 on November 23, 2024. This surge comes amid a broader bullish trend in the market, driven by Bitcoin‘s ascent towards $100,000. Notably, in the past month, Solana-based tokens have seen remarkable gains, with
As the cryptocurrency market anticipates for the upcoming altcoin season, several assets have shown price breakouts. At press time, the trading charts shows mixed trends, as Bitcoin (BTC) and Ethereum (ETH) is trading on the downside at $93.4K and $3.3K, respectively. Turning to altcoins, Solana (SOL) hit a new all-time
Solana has achieved a major milestone as its decentralized exchange (DEX) volume surpassed $100 billion in November. According to DefiLlama, Solana recorded $109.8 billion in DEX trading volume, doubling Ethereum’s $55 billion. The network also posted a remarkable 100% increase from October’s $52.5 billion, showcasing its dominance in DeFi. This
A recent phishing attack on the Solana blockchain has led to the theft of 7 million PYTH tokens, valued at approximately $2.9 million. PeckShield, a blockchain security firm, identified the incident as a “zero-transfer poisoning attack.” The stolen tokens were swapped for 11,000 SOL before being consolidated into another wallet.
