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Institutions expanding their inclination towards altcoins
26.4.2024
As per CoinShares, institutional investors are seemingly leaning towards a greater array of altcoins, with Solana (SOLUSD) gaining the attention of hedge funds and wealth managers. In the opinion of the asset manager’s Head of Research, James Butterfill, investors are keen on Solana....
Solana (SOL) eyes for support at $170
25.4.2024
Solana will have to jump by a huge margin to make up for where the community wants it to go. SOL is expected to have a great end to this year despite being surrounded by heavy volatility, courtesy of Bitcoin Halving, which has already presented its case with a potential correction in values....
Helius may launch Solana’s Mainnet v1.18 version on May 27
24.4.2024
The Chief Executive Officer of Helius, Mert Mumtaz, has announced plans to launch the next mainnet version of Solana. It has been titled v1.18 and is all set to launch on May 27, 2024. The date is said to be tentative, contingent on how things work out until the very end. The goal of launching...
FTX prepares for increased Solana (SOL) sales: Anticipated price impact
22.4.2024
The bankruptcy estate of FTX is getting ready to make a big move by putting a sizable number of Solana tokens up for auction. This tactic is a component of the liquidation plan that FTX started after it collapsed in November 2022. In a move poised to make waves within the cryptocurrency market...
Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying?
20.4.2024
As Solana crosses the $150 mark, analysts speculate on the potential for further gains, with resistance levels looming at $164.56 and $185.94.
The post Solana Price Prediction as $6.5 Billion Trading Volume Sends SOL Above $140 – Are Whales Buying? appeared first on Cryptonews
Will Solana recover its recent crash & rebound to $150 range?
18.4.2024
Various events in the cryptocurrency market have mainly driven Solana’s price movement in the last few days. First, it moved from $128 to $142 due to the expectation of halving Bitcoin, a phenomenon that plays a crucial role in shaping the entire crypto market. This momentum got a boost....
Can more Solana news drive price higher, or will BSC DeFi narrative takeover?
12.4.2024
Solana news on developments and announcements helped the SOL price recover from its death knell in the past. Meanwhile, the momentum rallied by DeFi on Binance Smart Chain projects is so intense that it’s taking over the crypto market. New projects like Octoblock, with hot presales...
Solana tackles congestion with Anza and Jupiter DEX fixes
12.4.2024
Solana is facing a serious problem of network clogging due to innumerable instances of transaction delays and user inconvenience. There are also doubts about the platform’s upgradability potential. Solana is known for its high output and low latency. To better understand the reasons behind...
Solana developers rally to combat network congestion
8.4.2024
The Solana network’s transaction speed is limited right now because too many unnecessary transactions are taking place. The Solana developers are trying to remove this bottleneck through software upgrades and improvements. In the last month, the Solana network has been struggling with...
The key to Solana’s tokens: A deep dive into distribution
2.4.2024
Solana is a blockchain platform that enables decentralized, scalable applications. It’s an open-source project that started in 2017. Solana uses a blend of proof-of-history and authorized proof-of-stake protocols. Solana’s distinctive combination of proof of history and delegated proof...
Lightspeed transactions, blazing-hot potential: Decoding the Solana enigma
2.4.2024
Solana was created in 2017 as a blockchain platform for scalable, decentralized applications. This project is now managed as an open-source initiative by the Geneva-based Solana Foundation, with Solana Labs in San Francisco building the blockchain. Solana’s design integrates a decentralized clock...
CoinTracker announces Solana support with streamlined taxation
1.4.2024
CoinTracker has announced support for Solana transactions. This will enable its users to calculate taxes once they have synced their wallets accurately. The process is seamless, beginning with syncing wallets before moving on to tax calculation. Finally, users get a report on several aspects...
Solana Price Prediction as SOL Approaches $200 Level – Can SOL Reach $1,000 This Year?
29.3.2024
Solana's surge to nearly $200, driven by DeFi and meme coin buzz, showcases its potential. Can SOL's robust ecosystem push it to $1,000 this year?
The post Solana Price Prediction as SOL Approaches $200 Level – Can SOL Reach $1,000 This Year? appeared first on Cryptonews
Solana soars while other altcoins wait for their turn to shine
29.3.2024
Solana is dominating the altcoin market as other tokens wait for their moments to shine. Analysts have said that the actual season for altcoins is likely to come after Bitcoin Halving, adding that what’s happening now is the initial phase of the season. SOL has roughly gained 850% in the last...
Solana to bounce back biggest: Is a Major Comeback on the Horizon?
21.3.2024
In a market where many cryptocurrencies have tanked, Solana has been firm, maybe laying the groundwork for a price turnaround soon. While most digital currencies have been floating with a downside of enormous losses, Solana is still surviving above the water level, raising discussion on...
SOL prices cross $200; Solana surpasses Ethereum
18.3.2024
Solana surpassed Ethereum in terms of network activity, and SOL prices surged beyond $200. Both aspects are likely to be driven by a key factor: demand for Solana-based meme coins. The same has reportedly intensified in recent times, pushing SOL to $202.35 at the time of writing this article....
Solana Price Prediction as SOL Reaches Highest Level Since December 2021 – Can SOL Overtake Ethereum?
16.3.2024
Amidst a roaring market, Solana (SOL) soars to new heights since December 2021; can it surpass Ethereum in the race of giants?
The post Solana Price Prediction as SOL Reaches Highest Level Since December 2021 – Can SOL Overtake Ethereum? appeared first on Cryptonews
Solana Price Prediction as $12 Billion Trading Volume Sends SOL Below $170 – Time to Buy the Dip?
16.3.2024
Amidst a meme coin mania, Solana's price soars, showcasing its robust DeFi ecosystem and hinting at a bullish future beyond fleeting trends.
The post Solana Price Prediction as $12 Billion Trading Volume Sends SOL Below $170 – Time to Buy the Dip? appeared first on Cryptonews
Solana’s Surge: Is $1000 SOL on the Horizon?
15.3.2024
As a meaningful event representing a breakthrough in the crypto market space, Pantera Capital has now started negotiations to acquire a fraction of FTX Official’s unstacked SOL tokens. This first transaction includes purchasing a tranche worth $12.5 million from FTX, denominated in 1/20th...
Solana’s market cap rebounds, driven by meme coins
15.3.2024
Solana’s cryptocurrency market capitalization rose to $8.1 billion in Asia, compared to the previous figure, which stood at $77.9 billion in November 2021. The pricing of Solana increased by 10% in the past day, reaching the figure of $183.55. In the case of its highest price, it was in November...