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SOL Price Analysis: Solana Bulls Aim For $125 or Higher

Solana price started a fresh increase from the $98.00 zone against the US Dollar. The price is now trading above $108 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance at $107 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $114 and $118 to continue higher in the near term. Solana price is trading above $105 against the US Dollar, like Bitcoin. SOL could start a...

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Solana Investor Sentiment Remains Battered With $3M Outflows: CoinShares

Solana-based investment products had seen steady inflows throughout the year after intensive performance and reliability improvements. However, investor confidence took a hit due to a network outage lasting five hours earlier this month, caused by a bug that caused transactions to enter an infinite loop, thereby impacting the network’s functionality. Solana’s Troubles Continue Among altcoins, only investment products tied to Solana experienced outflows, which surged to $3...

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Solana NFT Sales Reached Massive Milestone as SOL Price Stalls at $100

Solana-based nonfungible tokens (NFTs) have reached a significant milestone, surpassing an all-time sales volume of $5 billion, according to data from CryptoSlam. This surge in activity marks a turnaround for the Solana blockchain, which struggled to gain traction in the NFT space just a few months ago. Solana Ecosystem Surges As of February 23, the cumulative sales volume for Solana-based NFTs has reached $5,014,125,016, showcasing the growing prominence of the layer-1...

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Solana (SOL) Price Analysis: Bulls Struggle To Protect Key Support

Solana price started a downside correction from the $118 zone against the US Dollar. The price is now trading below $112 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $110 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $103 and $100 support levels to start another increase. Solana price is trading above $100 against the US Dollar, like Bitcoin. SOL is...

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Aptos Partners with Jambo to Empower Web3 Users in Developing Countries, Reveals JamboPhone

CoinspeakerAptos Partners with Jambo to Empower Web3 Users in Developing Countries, Reveals JamboPhone Both partners have rolled out a new crypto smartphone dubbed JamboPhone to make it easy for users in developing nations to access the Aptos blockchain. Aptos Partners with Jambo to Empower Web3 Users in Developing Countries, Reveals JamboPhone

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