pullback today. Following an impressive rally, the leading altcoin slipped below the $210 support zone, with its price falling over 12.78% in just 24 hours, from a high of $232 to an intraday low of $203. This decline coincided with a notable dip in Bitcoin (BTC), which dropped below the
Solana [SOL], one of the prominent altcoins, is navigating a critical phase as it attempts to sustain its bullish momentum. After hitting a four-day low of $230.17, SOL is declining, trading at $232 with a 3% dip in the past 24 hours. The cryptocurrency’s trading volume has decreased by 13%,
When analyzing cryptocurrency market movements, volume often tells a more complete story than price alone. Solana’s recent surge in daily trading volume to $13 billion marks a significant milestone, matching levels last seen during its all-time high on November 22. This volume renaissance, accompanied by a price increase from $230
In the wake of reaching its historic peak at $264, Solana has entered a critical consolidation phase, finding equilibrium above the significant $221 support level. This price action comes at an interesting juncture in the broader cryptocurrency market, as Bitcoin’s recent surge creates potential tailwinds for alternative cryptocurrencies. Understanding Solana’s
With multiple altcoins experiencing price breakouts, the crypto market is eyeing an approaching altcoin season. The chart reports the largest altcoin Ethereum (ETH), gained momentum, trading at $3.7K. Looking at the altcoins, Solana (SOL) has experienced notable price fluctuations. Solana has reached its all-time high (ATH) of $263.83 on November
Solana (SOL), a prominent altcoin that surged 37% over the past month, reaching an all-time high of $264 just nine days ago, is now witnessing a decline in momentum. Currently, SOL is trading at $229.06, marking a 3% drop in the last 24 hours. This downturn coincides with XRP overtaking
XRP has surpassed Tether (USDT) and Solana (SOL), becoming the third-largest cryptocurrency by market capitalization. The native token of Ripple Labs reached $2.46 on December 2, marking a 30% daily increase and a staggering 375% rise over the last 30 days. XRP’s market cap soared to $138.78 billion, bolstered by
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
