Amid latest altcoins season, Sol rallied hard in the past week and continued to gain traction daily. It recorded its most weekly gains during that period and now trades well above $110. This rally is likely to end soon. Last week saw Sol through its most volatile session since the price picked up two months […]
Tag: Solana
Solana’s decentralized exchanges (DEXes) are experiencing a significant surge in demand. This shows an uplifted trading activities on the network. Over the past month, Solana has witnessed a notable increase in network activity. This has resulted in an increased in daily on-chain transactions and active addresses. Futhermore, data sourced from DefiLlama shows that Solana’s DEX […]
In a huge forward leap, Solana has penetrated through the $50 resistance level without precedent for more than a year. This advancement lines up with the more extensive bullish trend found in driving cryptocurrencies, with Ethereum breaking through the $2,000 price mark and Bitcoin testing the $38,000 threshold. Although Bitcoin is currently trading at $37k levels. […]
For Solana, a blockchain platform renowned for its outstanding performance, October has been an amazing month. In addition to moving back up to the seventh position in the market capitalization rankings of cryptocurrencies, Solana saw a noteworthy 62% gain in value over this time. These changes highlight the increasing curiosity and hope for Solana’s ecology. […]
Following last month’s rebound from a channel’s lower boundary, Solana retraced and found support above $20. It initiated a fresh buy and resumed buying this week. So far, it posted 35% gains in 7 days. Solana advanced bullish this week after taking undergoing a short correction earlier this month. This explosion came after locating support […]