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Tag Archives: solana

Solana (SOL) Price Analysis: Uptrend Intact Above $100

Solana price started a downside correction from the $115 zone against the US Dollar. The price is now trading above $102 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $109 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $109 and $106 support levels to start another increase. Solana price is trading above $106 against the US Dollar, like Bitcoin. SOL is...

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Here’s What Caused The Solana Outage: Post-Morten Report

On Tuesday, the Solana network experienced five hours of unusability. Validators, crucial components of Solana’s infrastructure responsible for processing and validating blockchain transactions, restarted the network before 10 am Eastern Time. Solana Labs attributed the recent five-hour blockchain downtime on February 6 to a bug that made transactions enter an infinite loop.  The Post-Mortem According to a post-mortem report released by Anza co-founder Jeff Washington, a bug...

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Solana (SOL) Price Analysis: Key Uptrend Support Intact At $92

Solana price started a downside correction from the $106 zone against the US Dollar. The price is now trading below $100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $97 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $92 and $89 support levels to start another increase. Solana price is trading above $92 against the US Dollar, like Bitcoin. SOL is...

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Solana Investors Flock Back With $13M Inflows Beating Ethereum, Avalanche

Investment products for digital assets received significant influxes of $708 million last week, contributing to year-to-date inflows of $1.6 billion and increasing the total global assets under management to $53 billion. However, trading volumes in ETPs dropped to $8.2 billion from the previous week’s total of $10.6 billion, though they still surpass the 2023 weekly average of $1.5 billion. According to CoinShares’ latest report, these volumes represent 29% of Bitcoin’s...

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ChatGPT Analyzes Which Solana Meme Coin Has the Best Chance to Flip Dogecoin (DOGE) This Year

TL;DR Solana-based meme coins such as Bonk Inu, dogwifhat, and Myro have gained popularity, with their ability to outperform Dogecoin depending on technological advances, community growth, and market acceptance. Their success is closely tied to SOL’s performance, which has recently rallied substantially. What are the Odds? Solana-based meme coins, such as Bonk Inu (BONK), dogwifhat (WIF), and Myro (MYRO), have taken center stage as of late, charting explosive gains and...

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