Solana (SOL) Crashes 15% After Massive Profit-Taking Spike

Solana (SOL) Crashes 15% After Massive Profit-Taking Spike

On-chain data shows that investors on the Solana network participated in significant profit-taking ahead of the asset’s latest retrace. Solana Realized Profit Registered A Sharp Spike Yesterday According to data from the on-chain analytics firm Glassnode, the Realized Profit observed a huge spike for Solana recently. The “Realized Profit” here refers to an indicator that, as its name suggests, keeps track of the total amount of profit that the investors are ‘realizing’ through their selling. The metric works by going through the transfer history of each coin....


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Solana Plunges 12% – Is FTX Selling Its SOL To Defend FTT?

Amidst the turmoil surrounding crypto exchange FTX, there is currently one big loser, Solana (SOL). While the FTT token is at the center of discussions for many market observers after Binance CEO Changpeng Zhao announced to sell all FTT tokens, SOL is seeing a massive -12% drop in price over the last 24 hours. Even the FTT token is currently posting a loss of just under -3%. So what is driving the SOL sell-off ? Just a few days ago, SOL experienced a massive price spike after Google announced the launch of a Solana validator. Related Reading: Solana: A Quick Evaluation Of How The....

Top Solana Traders Dives Into Profit Making Crypto Mpeppe and How To Take A G...

As the cryptocurrency market continues to evolve, top Solana (SOL) traders are turning their attention to a new, highly profitable opportunity: Mpeppe (MPEPE). With Solana’s upward momentum and Mpeppe (MPEPE)’s potential for massive gains, many are wondering how to take a good position in both assets to maximize profits. This article explores the rise of […]

Bitcoin Under Pressure as Focus Shifts on Wild Crypto Rivals

The BTC/USD exchange rate corrected sharply after hitting its record high of $42,000 on Tuesday, pointing to a spike in profit-taking sentiment.