Thu, November 21

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

Solayer Labs Launches First Treasury Bills-backed and Yield-bearing Restaking Stablecoin On Solana Network Dubbed sUSD (Solayer USD)

Solana (SOL) network-based, Solayer Labs, a fast-growing restaking protocol with more than $281 million in total value locked (TVL), has announced the launch of its yield-bearing restaking stablecoin dubbed Solayer USD (sUSD). Backed by the United States short-term Treasury Bills (T-Bills), the sUSD intends to offer the crypto market a

October 30, 2024 3 mins 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

Solana’s Golden Cross Alert: SOL Eyes $210 as Moving Averages Signal Breakout

Solana (SOL) stands on the cusp of a significant technical development as its 50-day Simple Moving Average approaches a golden cross with the 200-day SMA. This imminent bullish signal could potentially catalyze a push beyond the $200 mark, a level unseen for several months. Technical analysis of the SOL/USD daily

October 28, 2024 2 mins read

Solana Posts Strong Weekly Gains Despite Market Downturn

The crypto market has faced a wave of selling pressure, with many major digital assets slipping into the red over the last 24 hours, leading to a 2% dip in the total market cap. This week has been marked by sharp price swings, as October’s rally began to lose steam

October 26, 2024 2 mins read

Solana at Crossroads: Analyst Warns of $125 Critical Support

Solana’s recent market performance has sparked both optimism and caution among analysts, with a notable warning emerging about potential bearish signals. Despite a strong 13% weekly gain pushing the price to $174, technical analysis suggests the possibility of a significant market shift. TradingView analyst Ceciliones has identified Solana as a

October 25, 2024 1 min read

Binance Futures Listing Boosts MOODENG by 128% in 24 Hours

The Solana-based meme coin, Moo Deng (MOODENG), has gained notable attention in the cryptocurrency market, with its value increasing by 128.4% in the last 24 hours. Currently trading at around $0.1649, MOODENG has also seen a 293% rise in trading volume. This price action follows Binance’s announcement of a USD-Margined

October 25, 2024 2 mins read

Solana’s $6B TVL Milestone Clash with $165 SOL Price Struggle

Solana, ranking fifth among cryptocurrencies by market capitalization, continues to demonstrate remarkable resilience despite current market headwinds. While the price struggles to maintain momentum above $165, the ecosystem’s underlying strength suggests potential for significant upward movement in the near term. The platform has achieved a remarkable milestone, reaching $6 billion

October 23, 2024 1 min read

Is Solana (SOL) Signaling a Downside Correction Ahead?

The crypto market has stepped into a positive outlook as the price movement of assets has recovered in the past few days. Eventually, the overall market has lost its momentum and the market cap has reached $2.29 trillion.  The fifth-largest altcoin, Solana (SOL) has marked a 0.80% spike and struggling

October 23, 2024 2 mins read