Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Solana
Solana Price (SOL) Faces Challenges at $200: Bulls Remain Active
Solana extended gains above $180. SOL price is now struggling to reach the $200 level and showing some signs of a downside correction. SOL price started a downside correction from the $192 zone against the US Dollar. The price is now trading below $185 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $187 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start…
11 months ago
Bitcoin, Ethereum, And Solana On Traders’ Radar: What’s Going On?
After a drab week characterized by Bitcoin, Ethereum, and Solana prices either dumping or moving sideways, prices bounced off strongly by the end of last week. Of note, losses in Ethereum were arrested as prices recovered, rising from around $3,000. At the same time, Bitcoin and Solana pushed higher, closing in on $70,000 and $200, respectively. Interest In Bitcoin, Ethereum, And Solana Spikes According to Santiment data, despite weakness across the scene, there were hints of strength at the tail…
11 months ago
Bitcoin Nears $70K, Ripple (XRP) and Solana (SOL) Show Growth Last Month – What About Other Promising Coins?
Cryptocurrencies continue to show promising trends, with bullish momentum evident across various assets. XRP, Solana (SOL), TRON (TRX), Cardano (ADA), and Uniswap (UNI) are all experiencing dynamic price movements, with bulls striving to push prices higher. This detailed analysis explores their current trading ranges, support and resistance levels, and potential future gains, highlighting the optimism and opportunities within the market. XRP (XRP) XRP is trading between $0.58 and $0.63, showcasing a strong battle with bulls making notable advances. Over the…
11 months ago
Bitcoin Bulls Eye $92k, Ethereum Struggles to Confirm Trend And Solana Targets $200
The post Bitcoin Bulls Eye $92k, Ethereum Struggles to Confirm Trend And Solana Targets $200 appeared first on Coinpedia Fintech News Bitcoin is currently showing a short-term bullish signal, with the price forming a new pattern that demands close attention. Simultaneously, Solana and Ethereum are encountering a critical area of resistance. Analyst Josh of Crypto World gave a detailed breakdown of the current trend and also revealed the price levels. Bitcoin Price Analysis: Bitcoin remains in a larger bull market…
11 months ago
Is There A Solana ETF On The Way? New Cryptocurrency At $0.00107 Is Turning Heads
Solana (SOL) has been making waves in the cryptocurrency market with its impressive performance and robust technology. Known for its high transaction speeds and low fees, Solana (SOL) has quickly become a favorite among developers and investors. As interest in Solana (SOL) continues to grow, rumors of a potential Solana ETF are circulating, which could further boost its appeal and accessibility. The Potential Impact of a Solana (SOL) ETF The introduction of a Solana (SOL) ETF could significantly impact the…
11 months ago
Investors Flocking Back to Solana Whilst Diversifying With Mpeppe (MPEPE) Is the Fear Over?
The cryptocurrency market is experiencing a resurgence of interest in Solana (SOL), as investors are flocking back to this high-performance blockchain platform. At the same time, savvy investors are diversifying their portfolios by adding Mpeppe (MPEPE), a rising star in the crypto world. But is the fear over, or are investors simply seeking new opportunities? Let’s delve into the reasons behind this trend and the potential benefits of this diversification strategy. Solana’s (SOL) Resurgence: A Sign of Renewed Confidence Solana…
11 months ago
Is It Worth Staking Solana? Rewards, Risks, and Reality
Staking Solana is well popular among crypto investors due to the huge rewards and innovativeness of the Proof of Stake system (POS). On the other hand, OkayCoin, one of the largest cryptocurrency exchanges in the world, gives a robust platform for the staking of Solana and provides an opportunity for earning passive income to all its users. This article will discuss the rewards and risks as well as the reality of staking Solana on OkayCoin and what places it at…
11 months ago
Solana (SOL) and Render (Render) fastest horses for next stage of bull run
As Bitcoin breaks higher and the altcoins start to follow suit, this next stage of the bull market could be frenetic. Both Solana (SOL) and Render (RENDER) are likely to be among the fastest horses. $SOL top-performing layer 1 Solana (SOL) really is the top-performing layer 1 for this bull market. When the whole market went into its sideways and downwards correction after Bitcoin made its all-time high, $SOL has been among the first to break the down trend, and…
11 months ago
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SolanaSolana Memecoins to Buy: $HINU, $BONK, $WIF, and $BOME
The Solana blockchain boasts several prime memecoins, but four projects stand out for their excellent profit potential: Husky Inu ($HINU), Bonk ($BONK), Dogwifhat ($WIF), and BOOK OF MEME ($BOME). Memecoins have enjoyed a spectacular run in 2024, with Solana memecoins seeing outstanding returns. Several memecoins live on the Solana network that deserve to be mentioned. Husky Inu ($HINU): Shiba Inu’s Best Friend Husky Inu ($HINU) was created to add more value and utility to its holders by leveraging Solana’s immensely…
11 months ago