SOL

The post Solana Retests Its Support! Will SOL Price Hit New High Amid AltSeason Rally? appeared first on Coinpedia Fintech News The cryptocurrency market on Friday displayed a bearish price action in spite of approval of the spot ETH ETF, indicating a short selling in the market. However, the altcoin leader, Ethereum price, holds its price above the $3,650 mark, suggesting a bullish sentiment in the crypto space. Moreover, the SOL coin price has continued to record a bearish price…

Solana may be the next cryptocurrency to receive an ETF in the U.S. The approval faces challenges due to SEC’s classification of Solana as a security and the absence of a futures ETF. Following recent predictions updated by CNF earlier this May, where Michael Saylor suggested that Ethereum could face SEC classification as a security, a similar spotlight now shines on Solana (SOLUSD). According to today’s update shared on Trading View, during the CNBC post-market talk show “Fast Money” on…

Crypto investors renowned for their foresight in moving into Solana (SOL) during its ICO phase, have once again captured attention by making substantial investments in Retik Finance (RETIK) as its token launches on centralized exchanges (CEXs). This bold move has ignited speculation among crypto enthusiasts, prompting questions about whether Retik Finance could emerge as the next Solana. Let us delve into the details of this investor's strategy, the factors driving Retik Finance's growth, and the potential for it to replicate…

Victoria, Seychelles, May 22nd, 2024, Chainwire The Liquid Gold, $BEER, has become the most discussed topic on Solana over the past two weeks. $BEER has skyrocketed into Twitter trends across Europe & Asia, captivating beer lovers worldwide. After amassing an incredible community of over 300,000 followers on Twitter, Telegram, and Instagram in just a few days, Beercoin launched a massive pre-sale with a hard cap of 30,000 $SOL, equivalent to $5 million USD. This target was achieved in a record…

The post Solana Price Soars Past $180 – Could This New SOL Token Explode Next? appeared first on Coinpedia Fintech News A wave of excitement has swept the crypto market today, pushing Solana’s price past $180 for the first time in over one month.  Does this mark the beginning of Solana’s next leg-up in the crypto bull run? SOL Price Booms as Ecosystem Heats Up Solana’s weekly performance has been the strongest among large-cap cryptos, fueled by ecosystem narratives heating…

The improving odds of spot Ethereum ETF approval is a mixed-bag scenario for Solana maximalists.  On the one hand, Ethereum ETFs could sidetrack the Solana bull rally, allowing ETH to take the center stage in the altcoin space. On the other hand, experts believe that the SEC’s greenlight could pave the way for spot Solana ETFs in the near future.  The latter scenario could send the SOL price skyrocketing, with Solana meme coins such as Sealana emerging as the foremost…

Solana (SOL) and Shiba Inu (SHIB) have both experienced major price increases on the year-to-date (YTD) chart, and with this rate of growth, they are projected to reach even further gains. However, Rollblock (RBLK) is up 20% in a much shorter time frame, which might make it the prime crypto that anyone can put $500 into to get $10,000 in 2024.  To see why this is the case, we will analyze all three cryptocurrencies individually. By the end, we will…

Solana started a fresh increase above the $175 resistance. SOL price is up nearly 10% and might continue to rise if it clears the $188 resistance. SOL price jumped higher and tested the $188 resistance against the US Dollar. The price is now trading above $180 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $175 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could clear…

The post Solana Price Skyrockets Toward $180 Amid Surge in Active Addresses: What’s Next for SOL? appeared first on Coinpedia Fintech News Solana price is gaining massive buying demand, overcoming the month-long price range’s imbalance. Throughout May, Solana has emerged as one of the top performers in the market, surpassing even Ethereum with its gains. This month, Solana’s price has soared by more than 50%. The recent surge in Solana’s value triggered a rise in on-chain metrics, creating mixed signals…