Pantera Capital is reportedly in the process of securing funds from major investors to acquire heavily discounted Solana tokens from the bankruptcy estate of FTX. The company is raising capital for the Pantera Solana Fund, which presents an attractive opportunity to purchase up to $250 million worth of SOL tokens from the FTX estate. Marketing materials from February, obtained by Bloomberg, reveal that investors would have the option to buy SOL at a price 39% below the 30-day...
Read More »Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum
CoinspeakerSolana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum Solana recorded about $15B in DEX volume in the past seven days, translating to a +153% weekly change. Solana DEX Volume Jumps to 28.5%, Getting Closer to Ethereum
Read More »BODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours
CoinspeakerBODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours BODEN's surge in value is part of a broader trend of meme coins inspired by prominent figures such as politicians and celebrities. BODEN, Solana-based Meme Coin Named after US President, Surges 830% in Six Hours
Read More »Solana (SOL) Price Analysis: Dips Are Protected Near $110
Solana price started a downside correction from the $145 zone against the US Dollar. The price is now trading below $125 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $130 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $115 and $110 support levels to start another increase. Solana price is trading above $110 against the US Dollar, like Bitcoin. SOL is...
Read More »Shiba Inu Declines Briefly on Coinbase Following Price Surge of 50%
CoinspeakerShiba Inu Declines Briefly on Coinbase Following Price Surge of 50% Despite the morning sell-off, Shiba Inu quickly bounced back, showcasing its resilience and defying the odds. Shiba Inu Declines Briefly on Coinbase Following Price Surge of 50%
Read More »Clone Unveils Public Mainnet for Seamless Non-Native Trading on Solana
CoinspeakerClone Unveils Public Mainnet for Seamless Non-Native Trading on Solana Clone has developed two easy-to-use interfaces for accessing its services: Clone Markets and Clone Liquidity. Clone Unveils Public Mainnet for Seamless Non-Native Trading on Solana
Read More »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...
Read More »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...
Read More »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...
Read More »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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