SOL

Solana Trades Above $196 Following US Election Impact on Crypto Markets

Recent political developments in the United States have triggered significant movement in cryptocurrency markets, particularly affecting Solana’s price trajectory. The digital asset currently demonstrates strong technical positioning as it approaches critical resistance levels. Solana technical analysis and market dynamics Trading activity shows SOL maintaining position above its 20-day exponential moving

November 7, 2024 1 min read

Can the Solana Options Launch on Binance Boost SOL to New Highs?

Binance, the largest centralized crypto exchange by volume, has announced the launch of Solana — SOL/USDT —options on its Options Trading platform, starting from November 12. This announcement comes at a time when SOL is experiencing a surge in investor anticipation of its potential to reach a new all-time high

November 7, 2024 2 mins read

Solana Surpasses BNB and Targets $200 Amid Bullish Market

The global crypto market turned bullish in Asian trading hours as Bitcoin (BTC) hit a new all-time high of around $75,011.06, which the cryptocurrency recorded an hour ago. This new turn has sparked optimism and led to a positive note for the altcoins. Among them, Solana (SOL) has surpassed Binance

November 6, 2024 2 mins read

Will Solana (SOL) Cross $185 Post US Election Results?

The prevailing cryptocurrency market sentiment is uncertain. This week is crucial for the overall market in light of the US election. Historically, Bitcoin and other major altcoins have displayed positive momentum after the US presidential election. The market anticipates a similar picture, with the assets potentially hitting new highs after

November 5, 2024 2 mins read

Solana Outpaces Ethereum with User Engagement and Trading Volume

Solana Outpaces Ethereum with User Engagement and Volume

Solana (SOL) is riding a wave of growth, achieving its highest-ever monthly active address count in October. The network recorded over 123 million active addresses, marking a 42% increase from September. This surge highlights a striking rise in user engagement, up from just 12.7 million active addresses in January. Fueling

November 4, 2024 1 min read

Can Solana Overcome Selling Pressure to Regain Bullish Momentum?

The cryptocurrency market has been in a brief bearish turn over the past 24 hours. The assets have lost their momentum and began to slide down. Nonetheless, the current market volatility is unpredictable, with mixed signals. Solana (SOL), the fifth-largest cryptocurrency, has faced the downturn and lost over 0.10%. Over

November 2, 2024 2 mins read

Solana Price Dips Retracing to $166 Level After Recent Rally

The cryptocurrency market has witnessed a minor bear resistance in the past day, as digital asset prices have dunked. On the other hand, the crypto regulatory landscape has sprung to action as another month begins. A recent report released shows that the US SEC has charged the crypto sector with

November 1, 2024 2 mins read

Solana Daily Active Addresses Hit All-Time High Amid SOL Price Struggles

Solana Approaches $186 Resistance as Technical Indicators Signal Caution

Solana’s recent price action has captured market attention as it edges toward the significant $186 resistance level, a price point that has consistently triggered reversals since mid-May. The cryptocurrency’s journey toward the psychological $200 barrier faces mounting technical challenges despite sustained momentum. Solana Technical Indicators Paint Complex Picture The Chaikin

October 31, 2024 2 mins read

Solana Forms Bullish Flag Pattern as SOL Retreats to $170 Level: Analysis Points to $830

Solana’s latest market performance presents a complex picture of immediate retracement amidst broader bullish signals. The cryptocurrency recently touched $180, marking its highest point since January, before experiencing a correction to the $170 range. Despite this pullback, SOL maintains an impressive 14% monthly gain, aligning with Bitcoin’s upward momentum toward

October 30, 2024 1 min read

Solana at $180: Technical Indicators Signal Potential Pullback Before $200 Push

Solana (SOL) has achieved a major milestone, touching the $180 mark for the first time since July, sparking widespread speculation about its potential to reach $200. While this surge demonstrates impressive momentum, technical indicators suggest the possibility of a consolidation phase before further advances. The Chaikin Money Flow (CMF) indicator

October 29, 2024 1 min read