Solana

Willemstad, Curaçao, May 29th, 2024, Chainwire Cloudbet, a leading crypto casino and sportsbook platform, is experiencing a significant surge in Solana-based transactions, as users increasingly recognize the benefits of the blockchain's lightning-fast speeds and low fees. While CoinGecko recently touted Solana's impressive 46x transactions per second (TPS) compared to Ethereum, Cloudbet's users are taking full advantage of the blockchain's capabilities to place bets, deposit funds, and receive payouts faster than ever before. Cloudbet's data reveals a steady increase in Solana…

After the recent market pump, Solana (SOL) recovered an important support zone. As a result, analysts have debated whether the altcoin is poised for a liftoff to a new all-time high (ATH) or about to face a meltdown. Analysts Fear SOL’s Top Is In After recovering the $160 support zone over a week ago, Solana reached heights not seen since the beginning of April. SOL neared the $190 resistance level but failed to surpass it. Instead, the token’s price hovered…

The post Solana, Chainlink, & This Popular Altcoin Stand Against the Bearish Heat—Will the Markets Follow? appeared first on Coinpedia Fintech News The crypto space is again consolidating but under bearish influence. The selling pressure is slowly mounting over the tokens but some manage to hold a tight grip over the rally. While memecoins are leading the top gainers, popular altcoins like Solana (SOL), Chainlink (LINK), and Polygon (LINK) withstand the selling pressure as the bulls appear to be poised…

The post The next runner in the Pepe Narrative is Kermit on Solana, and the community have taken over appeared first on Coinpedia Fintech News It’s been a wild 72  hours since Kermit launched on Pump.Fun- the fairest way to launch Solana tokens where LP is burnt. It skyrocketed with the support of well-known KOLs, the dev burnt over 70% of the supply, but then for whatever reason, we thought Kermit was over.  Kermit is the most well-known Frog in…

Crypto sleuth ZachXBT has claimed that the team behind Solana-based meme coin CAT hacked crypto influencer GCR's account to manipulate token prices.  Unveiling the Attack: Exploit Details An investigation led by on-chain sleuth ZachXBT has linked the recent hack of crypto influencer GCR's account to the team behind the newly launched Solana-based meme coin, CAT. The hack, which occurred on May 26, aimed to manipulate the prices of specific tokens. According to ZachXBT, minutes before the hack, an address associated…

The post Bitcoin, Ethereum, and Solana Price Prediction: Raoul Pal appeared first on Coinpedia Fintech News Macro guru Raoul Pal has expressed his bullish sentiment towards the cryptocurrency market, particularly Bitcoin, Ethereum, and Solana. He predicts record-breaking highs during the 2024-2025 bull market and foresees its value skyrocketing from $2 trillion to over $100 trillion in the next six years, marking a 50x increase. In his recent interview with Squiggle, Pal explained why crypto will surpass the fastest accumulation of…

Solana found support near the $160 zone. SOL price is slowly rising and might gain bullish momentum if it clears the $172 resistance zone. SOL price corrected lower and tested the $160 support zone against the US Dollar. The price is now trading above $165 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $164 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could…

Since trading firms like FTX collapsed in November 2022, the Solana blockchain has seen significant gains and regained investor confidence, with Ethereum developers increasingly migrating to it.  According to a recent analysis by Jack Inabinet, Senior Analyst at Bankless, with significant growth in key metrics and SOL’s year-to-date increase of 770%, Solana has solidified its position as a top-tier blockchain. Native teams within the Solana ecosystem played a key role in its resurgence, but now non-native protocols are also seizing…

Altcoin Daily has identified 19 cryptocurrencies, including BTC, ETH, and XRP, as top assets likely to surge this bull season. The crypto market is optimistic following the U.S. House of Representatives passing a major crypto regulatory bill. Altcoin Daily, a prominent crypto YouTube channel, has highlighted the top 19 crypto assets poised to skyrocket this bull season, including BTC, ETH, and XRP. The broader crypto community is bullish due to a series of positive events in the market over the…