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Tag Archives: Solana (SOL) Price

Binance Delists 15 Trading Pairs: Ripple (XRP), Cardano (ADA), and Solana (SOL) Affected

TL;DR Binance Delists Russian Pairs: Binance will remove 15 Russian ruble trading pairs, including ADA/RUB, SOL/RUB, and XRP/RUB, due to security concerns and low liquidity, aligning with their strategy to exit the Russian market. Strategic Shift: The exchange’s move reflects a compliance-focused strategy, as stated by Chief Compliance Officer Noah Perlman, emphasizing a shift away from Russian operations to focus on other global markets. Cryptocurrency Price Impact: The...

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Coinbase With an Important Announcement Regarding Solana (SOL)

Coinbase (NASDAQ: COIN) has listed SOL perpetual futures on its international exchange and Coinbase Advanced. The launch occurred earlier today, November 14. Avalanche’s AVAX is another major cryptocurrency to get listed on both platforms. We’ll see two major trading pairs this week: SOL-PERP and AVAX-PERP. @CoinbaseIntExch will add support for Solana and Avalanche perpetual futures contracts on Coinbase International Exchange & Coinbase Advanced. The opening of our...

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Super Bullish Solana (SOL) Price Prediction: Details

TL;DR SOL’s Growth: Solana’s SOL surpassed $60 recently, igniting investor enthusiasm for further increases. Predictions for SOL: Analyst Jacob Canfield forecasts SOL could outperform Ethereum, potentially reaching a $1,000 price point, bolstered by significant partnerships. Current Market Status: Despite its growth, SOL is still below its 2021 peak, but shows bullish signs with high trading volumes and notable institutional investment. Could SOL Experience an Astronomical...

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Solana Priced at $328? Grayscale SOL Shares Soar

Solana’s price is flying high again on crypto exchanges. However, regulated investors value SOL tokens at an astounding premium in Grayscale Solana Trust (GSOL). The average SOL price on crypto exchanges was just under $62 Saturday afternoon U.K. time, according to data from CoinGecko. That puts the smart contract blockchain platform up over 49% in the seven-day window. Furthermore, Solana is soaring over 180% on the 30-day scale after a stunning “Uptober” rally in crypto...

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Bitcoin Explodes to $37K, Ethereum Reclaims $2K, Solana Rallies Beyond $50: This Week’s Crypto Recap

This week has been all about prices, hence the title. It appears that there’s tremendous anticipation for the approval of a spot Bitcoin ETF, which seems to be one of the main explanations given by many experts of the ongoing rally. A lot happened price-wise, so let’s unpack. First things first, it’s important to note that the SEC is currently in a tight window to make a decision on whether or not they will approve a spot Bitcoin ETF. There’s the possibility of more delays,...

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Solana (SOL) Price Rally Continues as TVL Soars to Levels Not Seen Since 2021

TL;DR Solana’s Growth: Solana’s Total Value Locked (TVL) surges to $465 million, a significant increase from $300 million in early October, indicating strong growth in its DeFi sector. SOL Price Surge: The SOL token price jumps over 114%, from $21 to over $45, showing substantial market appreciation but still remains 80% below its all-time high of $260. Community Resilience: Despite concerns over FTX token sales, Solana shows a robust 300% growth this year, underscoring the...

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Two Years Ago on This Date, Solana (SOL) Hit an All-Time High

TL;DR Solana’s SOL token has seen a significant increase in value, rising over 70% in the last month to about $40, although it remains 85% below its all-time high of nearly $260 from November 2021. The price spike comes amidst broader crypto market momentum, with SOL’s previous peak coinciding with Bitcoin’s surge above $69,000 two years prior. Recent developments for Solana include surpassing Polygon in daily DEX trading volume, reaching over $240 million, and attracting $74...

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Solana Surpasses Polygon in Daily DEX Volume Amid Price Rally

On-chain data shows that the Solana network has surpassed the layer-2 Ethereum-based scalability blockchain Polygon in daily decentralized exchange (DEX) trading volume. According to charts on the digital assets data platform Artemis XYZ, Solana currently has a daily DEX trading volume of $240.47 million, while Polygon sits at $137.49 million. Solana Flips Polygon In Daily DEX Volume Last week, Polygon had a whopping $247.45 million in daily DEX trading volume, compared to...

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Here’s Why Solana (SOL) Price is Up 80% in a Month, Outpacing Bitcoin and Ripple (XRP)

Solana (SOL) has emerged as the top-performing crypto asset, rallying to a level last seen in August 2022. The seventh-largest crypto by market cap surged nearly 14% over the past day, surpassing $44 on November 2nd. The latest price action has pushed its yearly gains to 40% and its monthly gains to 80%. It has outpaced many of the leading coins, such as BTC, ETH, and XRP. Source: CoinGeckoSolana’s Recovery Since FTX Debacle Solana, which had attracted users and buzz with its...

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Solana’s Strong Recovery in 2023: SOL vs ETH Ratio Hits Yearly Highs

Solana had a strong association with FTX, and the latter’s collapse last year had significant repercussions for the SOL token. However, the seventh-largest crypto-asset has pursued a strong recovery this year. According to Nansen’s latest analysis, SOL has been trending positively since the summer. In fact, the SOL vs ETH ratio was found to have been breaking higher, nearing highs not seen all year. Since the collapse of FTX, SOL has declined more than ETH, meaning ETH has...

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