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
The recent Solana (SOL) transactions made by defunct crypto exchange FTX have garnered a lot of attention. PeckShieldAlert reported today that a whopping 470,000 SOL tokens worth $15 million were moved to an address affiliated with FTX on Solana and labelled as cold storage. The funds were partially transferred to
Solana (SOL) has lately made ripples in the crypto market by rising to the $31 level, attracting the attention of the community. This result is evidence of the SOL market’s optimistic sentiment’s strength. However, at the time of writing, SOL has witnessed brief retracement. In only 10 months, the price
In a nod to the Uptober tradition, Solana (SOL) has witnessed a substantial resurgence, with its price making a notable rebound from the $26 threshold. Today, SOL has soared by an additional 7%, hitting a three-month high at $28.13. This significant performance continues to set Solana apart from the rest
Bitcoin’s rise over $29k has given altcoins substantial optimistic traction, allowing them to quickly regain lost ground. The SOL price makes a strong increase over the key $25 resistance level, signaling the start of a breakout rally amid the general market upswing. Solana (SOL) soared early Friday morning, breaking above
