Crypto | Finance
Solana (SOL) is back in the spotlight, gaining 4% in the last 24 hours and trading at $201.77. Despite a 44% drop in trading volume, SOL remains in a strong uptrend. With key technical indicators showing bullish signals, experts predict further gains. At the same time, a new Solana Layer 2 project, Solaxy (SOLX), is…
Solana has witnessed an explosive surge in application revenues, fueled largely by the memecoin trade. A recent report by Messari shows a stunning 213% increase in Solana’s app revenues, rising from $268 million in Q3 to $840 million in Q4 of 2024. This growth came as Solana became a hotspot for meme coins, driving the…
The price of Solana has fallen below a crucial support level at $209.38. For the moment, SOL is trying to regain ground, but its struggle is real. If the coin fails to close above this support within the next few hours, we could see it testing lower support levels around $195.03 or even $182.27. While…
The price of Solana (SOL) has declined by 3% over the past 24 hours, currently trading at $234.57 as of 02:32 a.m. EST. This dip comes amid a 44% drop in trading volume, which now sits at $5 billion. The recent downturn follows the Cboe BZX exchange’s refiling of 19b-4 applications for spot Solana ETFs…
In a surprising move on January 17, 2025, former President Donald Trump launched a meme coin bearing his name, and it’s hosted on the Solana (SOL) blockchain. This unexpected announcement has sent shockwaves through the cryptocurrency world, offering a significant green flag for Solana and its long-term prospects. Meme coins have become notorious for their…
Solana (SOL) is showing impressive growth as it gains traction in the blockchain space. Recent data reveals a significant surge in transaction volume, marking a promising outlook for SOL as we move into February 2025. With a volume surge of 414% and growing DeFi adoption, Solana’s price is expected to rise further, potentially reaching new…
The battle between Solana (SOL) and Ethereum (ETH) has intensified in recent months, and Solana appears to be pulling ahead—thanks to a major new catalyst that has Ethereum struggling to keep up. Solana, often regarded as a fast and low-cost blockchain, is attracting more capital and new users than Ethereum, with a recent development driving…