Crypto | Finance
Solana (SOL) has found itself in a tight squeeze, with bearish clouds hovering over its price despite a recent rebound. As the cryptocurrency market continues to feel the weight of a broader downturn, SOL has dropped over 15%, trading at $99.66 during the early New York session on April 7, 2025. The downturn signals that…
Solana (SOL) is bracing for a potential 6% price swing in the coming 24 hours, as traders anticipate heightened volatility. This comes after whales sold off approximately $46 million worth of SOL tokens ahead of critical U.S. jobs data, due to be released on Friday. Blockchain data from Lookonchain revealed that several large holders unstaked…
Solana (SOL) has hit a crucial price point as it faces increasing sell pressure. According to on-chain data from Glassnode, nearly 27 million SOL tokens last moved between the $144 and $156 range, marking this zone as a significant resistance level. As Solana revisits these levels, selling pressure is expected to intensify, especially as many…
Solana (SOL) is making waves in the crypto market with a strong recovery, igniting bullish momentum and sparking anticipation of a breakout rally toward $165. With increased trader interest, rising network activity, and a growing number of active addresses, SOL’s uptrend appears to be gaining traction. Solana Price Action Signals Bullish Reversal After rebounding from…
Solana (SOL) is under significant downside pressure, struggling to hold key support levels as bearish indicators dominate the charts. After briefly rallying earlier this week, SOL has dropped over 3% in the past 24 hours, mirroring broader market trends seen in Bitcoin and Ethereum. With sellers regaining control, the question remains: can Solana avoid further…
Solana (SOL) is showing strong signs of a bullish breakout, driven by renewed market enthusiasm and the growing hype surrounding Solana Futures ETFs. With Bitcoin hovering around the $86,000 mark, Solana has surged past $130, gaining 6% in the last 24 hours. This newfound momentum raises the question: Can Solana’s breakout rally push its price…
Solana is one of the most popular cryptocurrencies today. It was launched in 2020 and quickly gained attention for its speed and low transaction costs. Unlike traditional currencies, Solana operates entirely online, using blockchain technology to keep records of transactions. Solana started trading at under $1 per coin but skyrocketed to $258 in November 2021….
Solana (SOL) has been struggling. On February 25, its price dropped to $131.90, marking its lowest point in five months. This sharp decline triggered over $129 million in liquidated long positions. Despite a brief recovery to $140, SOL is still down 17% since February 22, while the broader altcoin market has only lost 10%. Declining…
The excitement surrounding a potential Solana ETF is driving massive interest in related projects. Solaxy, a new crypto initiative, has seized the spotlight with its presale soaring to $23.4 million. Investors are eager to capitalize on SOL growth, with hopes of major returns from early-stage projects like Solaxy. Solaxy: Tackling Solana’s Scalability Challenges Despite Solana’s…
Solana (SOL) faced a sharp 4% decline on Friday after failing to break past the $180 resistance level. The drop comes amid growing concerns over the LIBRA memecoin controversy linked to Argentine President Javier Milei. The Solana network saw a massive 60% decline in transactions, signaling reduced market confidence. With network activity slowing down, SOL’s…