Tag Archives: solana

The past week was particularly explosive in the crypto markets, the capitalization of which increased by close to $200 billion. Currently standing at $1.7 trillion, the industry shows little signs of slowing down. Starting with Bitcoin, its price exploded by some 14.3% over the past seven days and it’s currently trading around the $44K mark. The bulls have tried to push it above that level but have so far been unsuccessful. It’s worth noting, however, that the bears also...

Blast has announced that it is hiring for senior DevOps engineer and senior protocol engineer to ensure a timely mainnet launch in February 2024. Amid the heightened demand for liquid staking on the Ethereum (ETH) network from institutional investors, Blast protocol, a layer two (L2) project backed by Paradigm venture capital and Standard Crypto, has set a new record in Total Value Locked (TVL) and community members. According to the latest market data provided through DeBank, Blast...

While DOGE and SHIB experienced notable gains of 16% and 10%, respectively, in the past 24 hours, Bonk outshone its counterparts with a surge exceeding 70%. In recent developments in the crypto market, the resurgence of dog-themed tokens has taken center stage, with Bonk (BONK) emerging as a formidable contender against the more established players like Dogecoin (DOGE) and Shiba Inu (SHIB). The recent resurgence in interest in these tokens has seen substantial gains for holders,...

Solana price started a downside correction from the $65.50 zone against the US Dollar. The price is now trading above $60.00 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $59.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $60.00 and $59.50 support levels to start another increase. Solana price is trading above $60 against the US Dollar, like Bitcoin. SOL...

Crypto analyst Ali Martinez has warned of a potential correction for SOL. The price of Solana (SOL) has experienced a 7% decline over 24 hours. However, at the time of writing the fall is not so critical. The coin is around 1% down. The Solana price today is approximately $60 despite the recent market corrections that saw the price of Bitcoin (BTC) and Ethereum (ETH) rise to $42000 and $2200 respectively for the first time since last year. According to CoinMarketCap data, the crypto asset,...

Coinbase CEO Brian Armstrong voiced frustration over the charges. He mentioned how his company has provided a lot of clarity to the SEC but the commission on the other hand is not making matters easier. Despite over 30 meetings with the SEC in the past 18 months aimed at gaining regulatory clarity, cryptocurrency exchange Coinbase was hit with charges in June for operating an unregistered securities exchange. This came after the company received a Wells Notice for potentially breaking...

Solana price started a fresh increase from the $51.20 zone against the US Dollar. The price is now trading above $55.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $57.80 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $60.00 and $61.20 to continue higher in the near term. Solana price is trading above $55.00 against the US Dollar, like Bitcoin. SOL could...

Solana price started a downside correction from the $68.20 zone against the US Dollar. The price is now trading below $60.00 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $57.50 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $51.00 and $49.50 support levels to start another increase. Solana price is trading above $50 against the US Dollar, like...

Pyth Network’s exceptional refresh rate speed sets it apart and significantly adds to its appeal, surpassing that of its competitor – Chainlink. Pyth Network, a decentralized finance (DeFi) oracle service competing with Chainlink, made headlines this week with a remarkable token airdrop valued at an astounding $77 million. The distribution of 250 million PYTH tokens to early Pyth users increased the protocol’s market capitalization beyond $765 million, highlighting the project’s growing...

The BONK token is on a parabolic rise as it continues to soar despite being a meme coin on the Solana network. Bonk Inu (BONK), the Solana network’s top meme coin, is making the news as it pumps impressively. Over the last week, the price of BONK has jumped by more than 125% according to data from CoinGecko at writing time. Data also shows that BONK has jumped more than 433% in the last 14 days and nearly 2,000% in the last month. Solana’s BONK May Trade on Major Exchanges BONK is...