Solana

The post Solana Price Pumps 13% As New SOL Presale Raises $1M appeared first on Coinpedia Fintech News Crypto prices are pumping again, and Solana has skyrocketed 13% today as the broader market advances toward yearly highs. Meanwhile, the new Solana-based meme coin Sealana is also gathering pace as its presale surpasses $1.1 million. Solana Price Booms as Market Turns Bullish After months of gruelling consolidation, the crypto market sentiment is U-turning amid a widespread price rebound. Sol has benefited significantly.…

Solana (SOL), the high-speed blockchain network, is facing a balancing act. While experiencing a short-term price bump, analysts warn of a potential plunge if a key technical level crumbles. Bullish Flicker Amidst Bearish Gloom SOL’s price has seen a recent uptick of 3.60%, currently hovering around $162. However, this seemingly positive movement comes against the backdrop of a broader downward trend. Analysts attribute this shift to a change in market sentiment. Meanwhile, the altcoin’s RSI is 48, which denotes a…

The post $GUMMY Set to Launch New Meta On Staking on Solana  appeared first on Coinpedia Fintech News London, UK — $GUMMY, a 4/20 weed gummy bear on the Solana ecosystem, is set to launch a new meta on staking that will reward $GUMMY holders with new meme airdrops. The staking is split into three parts, each lasting a month. In each era, $GUMMY owners can earn $BAKED, a new token that will be launched on the meme launchpad. Reward…

Solana started a fresh increase above the $150 resistance. SOL price is up nearly 15% and might continue to rise if it clears the $165 resistance. SOL price recovered higher and tested the $162 resistance against the US Dollar. The price is now trading above $150 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $148 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair…

Robinhood Crypto has announced the introduction of a Solana-staking product in Europe, accompanied by a bonus program for new customers.  This development comes as the company faces increased tensions with US regulators, which could potentially lead to legal repercussions. However, the move has propelled Solana’s (SOL) price to surpass the crucial $150 level, indicating a return of bullish momentum in the market. Solana Staking And Crypto Rewards According to the announcement, Robinhood unveiled new features for its European customers. These…

According to Fortune Business Insights projection, the blockchain gaming market will grow at a compound annual growth rate (CAGR) of over 21% from 2023 to 2030. The market is estimated to grow from $128.6 billion in 2022 to more than $614 billion by 2030. As more staking games and play-to-earn games flood the blockchain space, innovative projects like $GUMMY are bringing a revolutionary staking concept to the blockchain space.  While the blockchain staking game rewards consistent hard work, the $GUMMY…

Solana briefly surpassed Ethereum in decentralized exchange trading volume, fueled by low fees and memecoin enthusiasm. Solana’s recent success can be attributed to several factors. Solana, known for its low fees and developer-friendly ecosystem, briefly outpaced Ethereum in decentralized exchange (DEX) trading volume. Last Friday, May 10, Solana recorded a trading volume of $1.3 billion on its DEX, overshadowing Ethereum’s $1.29 billion. This surge in trading activity on Solana was primarily attributed to its community’s heightened interest in meme coins.…

The Solana ecosystem has been the standout performer of this bull market and is set to be the home of all new trends in the crypto industry. The recent Franklin Templeton report on Solana said as much, highlighting its impressive scalability and low transaction costs.  After Solana meme coins, its GameFi sector is gaining significant attention.  Mega Dice - tipped as the “Number 1 GameFi on Solana” - is witnessing strong demand in its presale phase. Its native cryptocurrency Dice…

London, United Kingdom, May 15th, 2024, Chainwire The presale of Mega Dice Token (DICE), a new GameFi project, passed the $1 million funding milestone earlier today. Mega Dice Token Presale Structure and DICE Tokenomics  Mega Dice Token presale allows investors to purchase DICE tokens before their upcoming launch on the open market. Mega Dice’s team has opted to structure the presale into “stages,” with each stage offering DICE tokens at a different price. To participate, investors must connect a wallet…