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
In the field of cryptocurrency, competition does not sleep, and investors at all times try to find any credible new projects with the potential for high returns. Rexas Finance (RXS) is one of those names that has been emerging of late gaining investors’ attention and outshining other alternatives to Solana
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
Solana (SOL) has demonstrated remarkable resilience in the face of recent market turbulence, staging a significant recovery following a sharp bearish pullback. The fifth-largest cryptocurrency by market capitalization has outpaced Ethereum’s performance by approximately 8.5% over the past month, adding an impressive 16% to its valuation. This surge in value
Since the introduction of Frankendancer, a new validator client, to the mainnet-beta, Solana’s transaction throughput has skyrocketed to 40,000 TPS. Some have drawn parallels between this development and Cardano, a network that can only handle 1.3 TPS at the moment. In a post on X, crypto expert Marty Party brought
Renowned whales are starting to disclose their next large wagers for the anticipated bull run as the cryptocurrency market continues to rise from its recent lows. One such Whale said to be valued at over $70 million, has revealed his top three Solana substitutes (SOL). Although Solana’s high-performance blockchain has
The expected impetus of ‘Uptober’ has not yet materialized, despite investors’ clinging expectations for a positive surge going into 2025. After a short upswing in September, investors’ hopes were dashed as Bitcoin’s value plummeted to $60,000, causing altcoins to follow suit and leading to widespread market losses. Cryptocurrency prices have
Raydium has launched Teleport, a groundbreaking feature that enables seamless token transfers from Ethereum-based networks to the Solana blockchain. This new tool leverages the Wormhole network to simplify cross-chain transactions. Consequently, users can transfer tokens effortlessly between these two ecosystems, improving overall efficiency. In an official announcement, Raydium emphasized its
Global bank messaging giant Swift has announced that it is set to conduct trial live transactions of tokenized assets and digital currencies starting next year. This marks a significant step towards integrating these assets into the mainstream financial system. The announcement follows the progress made from earlier experiments into practical
Solana (SOL) has not escaped the broader crypto market’s bearish start to the highly anticipated “Uptober,” hitting a 12-day low of $142 with a 7% decline over the past 24 hours. This sharp drop in price aligns with the wider cryptocurrency market, which saw Bitcoin plunge to a two-week low
