Tag Archives: solana

Solana price started a downside correction from the $125 zone against the US Dollar. The price is now trading above $105 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $104 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $104 and $100 support levels to start another increase. Solana price is trading above $100 against the US Dollar, like Bitcoin. SOL is...

TL;DR Shifts in Blockchain TVL: The year 2023 saw changes in the total value locked (TVL) rankings among various blockchain platforms, with significant fluctuations and new entries making an impact. Highlights in Blockchain Performance: Certain networks gained popularity and development recognition, outperforming rivals in aspects like Google searches, NFT sales, and on-chain trading volume. Cryptocurrency Value Fluctuations: There were notable increases in the prices of some...

TL;DR Solana’s SOL token has shown impressive performance this year, with significant growth in price and market capitalization, making it one of the top digital currencies in the market. Future growth potential for SOL hinges on factors like technology adoption, overcoming past network issues, regulatory developments, and potential strategic partnerships, which could enhance its market value and utility. Despite its progress, SOL’s market cap is still behind major players...

TL;DR Solana (SOL) has seen a significant increase in its value throughout 2023, with notable growth, especially in mid-December. Google search interest in Solana has recently exceeded that for Ethereum, with particular popularity in countries like Spain and the Philippines. Along with its rise in search popularity, Solana has also seen a surge in trading volume and has outperformed Ethereum in certain other metrics. Solana Takes the Lead Solana’s price has exploded by...

In terms of regional search, Google Trends revealed that countries such as Spain and the Philippines took the lead. People in these nations recorded more users searching for the term Solana than Ethereum.  In 2023, searches on Google for “Solana” surpassed those for “Ethereum” for the first time since the launch of both cryptocurrencies in 2020 and 2015, respectively. The move comes after the digital asset flipped XRP as the fifth largest crypto in the world, according to market...

Solana is one of the largest blockchain ecosystems, boasting thousands of decentralized applications. With a vast sea of web3 projects and apps on Solana waiting to be explored, it’s crucial that we pick the right wallet that suits our needs. Whether you’re a seasoned user or a newcomer to Solana’s blockchain ecosystem, finding the best Solana wallet (tailored to your needs) is crucial. This guide explores some of the most popular options, as well as their pros, cons,...

XRP tokens, the native cryptocurrency for the cross-border Ripple Labs network, have traded sideways in a narrow band with support around $0.62 since mid-November. At the same time, SOL used the opportunity, surged by an impressive percentage, and surpassed XRP in terms of market cap ranking. Ripple’s Turn Next After Solana? But the XRP price tested at $0.68 once on Friday, Dec. 8, before falling back to support lines, and resistance was again tested at $0.64 on Christmas...

Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users. The on-chain trading platform Thunder Terminal successfully thwarted a $240,000 exploit that targeted 114 wallets on its platform, assuring users that their funds are secure. Despite this, the hacker refutes the claims, labeling them as “all lies” and is now...

Solana price started a strong increase above the $88.00 resistance against the US Dollar. The price is now trading above $100 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $100 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $115 and $120 to continue higher in the near term. Solana price is trading in a positive zone above $100 against the US Dollar, like...

Digital asset investment products resumed inflows after breaking the 11-week streak of positive cash flows. According to the findings by CoinShares’ Head of Research, James Butterfill, the net inflows totaled $103 million over the last week. Bitcoin investment products, as usual, attracted the highest capital inflow. The digital asset manager revealed a net inflow of $87.6 million during the period. Short-bitcoin also experienced a minor inflow amounting to $0.3 million....