Solana

The post Beginner’s Guide to Cryptocurrency: Top 3 Coins to Start With – Ethereum, Solana and BlastUP appeared first on Coinpedia Fintech News Cryptocurrency is reshaping finance with its unique blend of security and speed. As the bull run of 2024 continues to gather momentum, newcomers might wonder where to place their first investments. Three specific coins are attracting attention for their robust features and potential for growth. This guide zeroes in on these options, providing crucial insights for those…

Solana is set to expand its ecosystem liquidity by bridging to the Bitcoin network. Slated for Q3 2024, the project will be facilitated by the Zeus Network. The Solana network is set to launch a cutting-edge cross-chain bridge meant to connect its ecosystem to Bitcoin by the third quarter of 2024. Solana Virtual Machine and Cross-Chain Integration The Solana-to-Bitcoin cross-chain bridge project, facilitated by the Zeus Network, will utilize the Zeus Program Library (ZPL). This is a suite of Solana…

Following a recent partnership with MoonPay, PayPal users in the United States can now seamlessly purchase Shiba Inu (SHIB) tokens internally. This integration allows users to fund their crypto purchases using PayPal balance, debit cards, or direct bank transfers, without the need for manual input. After the recent collaboration with prominent crypto payment processor MoonPay, PayPal users within the United States can now internally purchase Shiba Inu (SHIB) tokens. MoonPay disclosed the significant partnership with PayPal on Thursday, May 2,…

Solana has gained 3.6% in the past day and 18% in the past three days as it reverses momentum after a horrid month in which SOL shed a quarter of its value. Solana’s ecosystem continues to grow, with technical analysts projecting that Jito (JTO) and Jupiter (JUP) will embark on a bull rally, but oracle network Pyth remains trapped in a bear cycle. Solana had a disappointing April; SOL started the month just below $190 but went on a downward…

The post Solana (SOL) Jumps 10%, Shiba Inu (SHIB) Tests Support, Furrever Token (FURR) Launches $10K Competition appeared first on Coinpedia Fintech News The cryptocurrency landscape is currently witnessing a whirlwind of activity with notable movements among popular coins. Solana (SOL) has recorded a significant 10% surge, defying the overall market downturn led by Bitcoin’s slump. Meanwhile, Shiba Inu (SHIB) grapples with market volatility, teetering on crucial support levels that could dictate its future trajectory. Amidst this turbulence, Furrever Token…

Immediately after the dovish FOMC on Wednesday, the meme coin market witnessed a sharp bounce, giving credence to the idea that they will remain the assets of choice for investors.  In particular, new meme coins continue to be in high demand, owing to their greater return-on-investment potential.  Several popular crypto analysts have identified Sealana as potentially the next big Solana meme coin. Owing to the hype surrounding the project, $SEAL has raised over $150k in its presale in just over…

Solana started a recovery wave from the $120 zone. SOL price is rising and might accelerate higher if there is a close above the $142 resistance. SOL price recovered higher and tested the $140 resistance against the US Dollar. The price is now trading below $142 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $132 on the 4-hour chart of the SOL/USD pair (data source from Kraken).…

The post Solana Gains Over 10% Amid Declining On-Chain Activity! Here’s What To Expect Next appeared first on Coinpedia Fintech News The Solana network is struggling to maintain its on-chain activity amid declining trading interest. Recently, the crypto market witnessed a crash that led to a price correction for SOL, driving its value towards support levels. Although SOL’s price later rebounded, the continuous low on-chain data is causing concerns among investors about the sustainability of this upward movement. Solana Faces…

Solana seems to be turning back the clock back to early 2023 when it would display explosive growth even as the rest of the crypto market struggled.  The Solana price has rallied 17% from its local bottom of $119, trading as high as $140 on Thursday. On the contrary, Bitcoin and Ethereum have bounced back up by just over 2% on the daily time frame.  Solana’s outperformance gives credence to the claims that it will remain the most bullish cryptocurrency…