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 $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Solana
Tequila Token to Launch on Solana Blockchain at 17:00 UTC on July 30, 2024
Tequila, Canada, July 29th, 2024, Chainwire Tequila Token ($TEQ) is set to launch on the Solana blockchain, introducing a new community-focused experience inspired by the culture and spirit of tequila. Tequila Token aims to provide an engaging and rewarding environment for its participants. Key Features of Tequila Token Influencer Collaborations: Tequila Token has established partnerships with global influencers to promote the $TEQ community. Followers can expect to see their favorite social media personalities sharing their $TEQ experiences.Exciting Giveaways: The project…
11 months ago
Solana Price Analysis: Here’s What May Happen if the SOL Price Hits $200 This Week!
The post Solana Price Analysis: Here’s What May Happen if the SOL Price Hits $200 This Week! appeared first on Coinpedia Fintech News The crypto markets have been positively impacted by the latest developments and the support from broader markets. While the launch of the spot ETH ETF failed to have a significant impact, the recent Bitcoin conference filled the gaps. With a strong increase in buying pressure, the Solana price also broke above the momental resistance zone around $189,…
11 months ago
Solana Confirms Upside Breakout With Bullish Pennant – Here’s The Target
Solana continues to showcase a positive price movement as it outperforms the rest of the market. This recent surge in value allowed Solana to surpass Binance Coin (BNB) in market capitalization rankings last week, marking a significant milestone for the digital asset. Delving deeper into its performance, technical analysis suggests that Solana’s bullish trend is likely to persist into the coming week. Indicators point to sustained momentum, which could see its price continue to climb. Captain Faibik stands out with…
11 months ago
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SolanaAnalyst Predicts Solana Rise To $1,400 As Similarities With July 2021 Emerge
Crypto analyst Ali Martinez has identified similarities between Solana’s current price action and the 2021 bull run. Based on his analysis, Solana (SOL) could rise above $1,000 if it mirrors its move from 2021. Solana Could Rise To As High As $1,400 Martinez predicted that Solana could rise to as high as $1,400, revealing that Solana is looking “a lot like July 2021.” July 2021 was when SOL began its parabolic run in the last market cycle, going from about…
11 months ago
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SolanaSolana and Rollblock To Make New All-Time Highs In August; NEAR Protocol Likely To See Further Consolidation
The post Solana and Rollblock To Make New All-Time Highs In August; NEAR Protocol Likely To See Further Consolidation appeared first on Coinpedia Fintech News With the summer break almost over, it’s time for the bull market to resume, and a new ATH (all-time high) is likely for many altcoins. New online gambling platform, Rollblock (RBLK) is attracting big investment, with over $1.5m raised while still in stage 4, and analysts are predicting major gains of over 100x after it…
11 months ago
Raoul Pal Reveals Major Shift in Investment Strategy Towards Solana, Away From BTC, ETH
The post Raoul Pal Reveals Major Shift in Investment Strategy Towards Solana, Away From BTC, ETH appeared first on Coinpedia Fintech News Raoul Paul, the CEO of Real Vision and a prominent financial analyst, has recently disclosed his investment strategy reflecting a drastic shift. Pal has shifted from Bitcoin and other Altcoins, relocating a staggering 90% of his liquid assets into Solana. 90% Of Pal’s Network Allocated To SOL! In a recent video address, Pal explained his significant portfolio adjustment…
11 months ago
Solana Set For 900% Rally With Breakout From This Pattern — Analyst
Recent events have brought Solana (SOL) to the spotlight, drawing in both experts and investors due to its notable price gain. According to market expert Ali Martinez, the price of Solana is likely to see a remarkable growth of 900%, which will ultimately result in the price reaching $1,630. Based on his prognosis, Solana might be about to perform better in the coming weeks or months. This is because it has recently displayed a pattern called a “bull pennant”, which…
11 months ago
Solana (SOL) and Injective Protocol (INJ) retest support – up from here
Bitcoin (BTC) looks as though it may break out of the downward trend it has been in for 135 days. If this happens, certain altcoins could run hard. Solana (SOL) and Injective Protocol (INJ) have just retested support, therefore, they are likely to be among the leading altcoins in this next stage of the bull market. $SOL retests trend line support Source: TradingView The $SOL price broke out of its triangle after a huge 44% surge, which took it from…
11 months ago
Solana Price (SOL) Targets New Monthly High: Bulls in Control
Solana started a fresh increase from the $165 zone. SOL price is showing signs of strength and might climb further above the $182.50 resistance. SOL price started a decent upward move from the $165 support against the US Dollar. The price is now trading near $175 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $170 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair…
11 months ago