Solana

The recent market downturn exposed the vulnerability of some cryptocurrencies like Solana which suffered huge losses. Amidst the market volatility, Octoblock seemed unaffected by the downward trends. Let’s explore why Octoblock emerged unscathed. Why was Solana Price Hard Hit? The optimism that saw Solana price surge by 61% in March came tumbling down after the broader crypto market witnessed a downturn attributable to the geopolitical space. Of course, the Solana network congestion played a role. Solana’s SOL token saw a…

The post Altcoin Season Begins! How The Bitcoin Halving Might Affect Solana, XRP, and New Crypto Raboo appeared first on Coinpedia Fintech News A renewed interest in altcoins is taking hold and impacting established platforms like Solana and XRP, as well as exciting new crypto entries like Raboo–priced at $0.0036 in its presale. Each of these cryptocurrencies brings unique innovations and challenges to the table, making them key altcoins to watch. This season promises to highlight the potential of these…

Solana attempted a recovery wave above the $140 level. SOL price is now struggling to clear the $160 and $170 resistance levels. SOL price recovered higher and tested the $160 resistance against the US Dollar. The price is now trading below $160 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support at $146 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could start another decline…

Scream ($SCREAM) has unveiled its plans to bring respectability to the memecoin game. With a fun twist, this Solana-based project wants to unite the meme community and add real value. The upcoming presale on April 25th is already creating buzz in the cryptosphere.  Today, we'll briefly review this rising trend in memecoins and introduce Scream's unique proposition. Let's see how they aim to change the narrative around meme coins with innovative analysis capabilities.  What is Scream? The Main Vision of…

FTX estate is auctioning off an estimated amount of Solana (SOL) tokens this week.  The SOL tokens will be sold through a ‘blind auction method,’ where the bidders have a chance of becoming proud holders of the digital assets. According to insider sources, the estate of FTX, the defunct cryptocurrency exchange, is auctioning off an estimated amount of Solana (SOL) tokens this week. The bidding, which will employ a “blind auction” method, concludes on Wednesday, and the announcement will be…

Bankrupt cryptocurrency exchange FTX is looking to offload its remaining Solana native tokens, SOL, via an auction this week. According to a Bloomberg report, people familiar with the matter said the bankruptcy estate would auction an unspecified amount of SOL in the hopes of receiving a higher price than that which they would have gotten through direct sales. FTX to Sell SOL Via Auction The blond auction represents a shift from the fixed-price sales the bankruptcy estate has engaged in…

XRP has witnessed a notable surge in its price, indicating a potential bullish momentum in the market.   The SOL price initiated a significant upward movement from the $120 support level, consolidating its position above key resistance levels.  In recent trading sessions, XRP, the digital asset often associated with Ripple, has witnessed a notable surge in its price, indicating a potential bullish momentum in the market. After a period of consolidation and a brief decline, XRP found support near the $0.3880…

The post Solana Memecoin Bull Run Begins: Bonk, Pepe And dogwifhat Record Nearly 40% Gain appeared first on Coinpedia Fintech News The value of several meme coins has more than doubled, registering an increase of 100% from their lowest levels this month. After the Bitcoin halving event, the price of BTC quickly initiated an upward trend, maintaining its momentum above the $66K level. In contrast, memecoins began their surge slowly. Leading SOL-based memecoins, such as Bonk, Pepe, and Dogwifhat, are…

The post How a Layer-2 Solution Secured $4.6 Million in Funding and Outperformed Solana (SOL) with a 600% Rally appeared first on Coinpedia Fintech News Option2Trade (O2T)’s successful presale and subsequent market performance are not just wins for the project but for the blockchain community as a whole. As Option2Trade (O2T) continues to develop and deploy its Layer-2 solutions, it sets new standards for what is possible in the crypto space, challenging existing platforms like Solana (SOL) to evolve or…