Thu, March 28

Solana Witnesses Severe Selling Pressure as Crypto Market Turns Red

Several critical stats soared in the last week, contributing to Solana’s NFT ecosystem’s flourishing. This occurred as the value of its native token dropped by more than 5% in the last 24 hours. According to CryptoSlam’s research, Solana’s NFT ecosystem saw development in many areas within the last week. Its

January 23, 2024 1 min read

Solana Succumbs to Bearish Momentum as Price Falls Under $90

Notable cryptocurrencies began the week on a negative note as investors worry about potential huge bitcoin sales and are likely reducing their market exposure in preparation for potential price drops. “I think we break $40k,” BitMEX co-founder Arthur Hayes said in a fresh Bitcoin price forecast released on Monday. This

January 22, 2024 2 mins read

Stablecoin Transfer Volume on Solana Skyrockets to Over $300B

With a new record set in January, the amount of stablecoin transfers on the layer-1 Solana blockchain has been constantly increasing. For Solana, the stablecoin transfer volume surpassed $300 billion in January, according to blockchain analytics company Artemis. The amount of Solana stablecoin transfers for December 2023 was $297 billion,

January 21, 2024 1 min read

NFT Market Surges? $42.8M Trading Volume Signals Comeback

The Ethereum NFT market experienced a remarkable uptick on January 18, with the trading volume reaching an impressive $42.8 million. This marked a significant milestone, surpassing the $40 million threshold for the first time since June of the previous year. Notably, Blur dominated the scene, accounting for a substantial 82%

January 20, 2024 1 min read

Solana Struggles to Overturn Bearish Momentum as Bears Dominate

Within 30 hours of its debut, the Solana Mobile 2, the company’s newest offering in the mobile market, had received over 30,000 preorders. Moreover, preorders for the new smartphone have already topped sales for the original model.  The web3-centric features of the newer version of Solana Mobile have generated a

January 20, 2024 2 mins read

Solana: Will It Clear Path to $150 and Ignite Meme Coin Rally?

Solana’s recent price action has caught the attention of traders and investors alike. The technical analysis reveals its determined attempt to surpass multiple resistance levels. Should Solana successfully breach the trendline resistance in a decisive manner, it could open the door to substantial growth. The underlying trendline support further supports

January 16, 2024 2 mins read