Solana Guns For $100 Barrier, Will Bulls Win The SOL?
The price of Solana is riding the same wave as cryptocurrencies, stocks, and other risky assets around the world. Investors are hopeful that the present war in Ukraine would come to a conclusion following a meeting between Russia and Ukraine in Belarus. Despite the positive news and outlook, bulls are finding it difficult to break through the important $100 barrier. Solana close to $100 Earlier today, Solana hit a daily high of $96. The asset was one of the top gainers of the day at the time, with gains of up to 6.4 percent. The announcement of a world tour by the group behind the....
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Blocksafe, a blockchain-based system that provides secure access, personal monitoring and control of “smart” guns, will use Lisk sidechain technology to build out its blockchain and will issue a new token for use on that chain called “Trigger” (TRIG). Lisk is a public blockchain platform that provides decentralized blockchain apps. Smart guns have embedded computers to enhance safety by preventing anyone other than authorized parties from firing the weapons. Smart Guns Controversial. Smart guns have, nonetheless been controversial within the gun industry. Some gun enthusiasts see such guns....
Solana (SOL) has found itself in the midst of a price battle, with neither bulls nor bears able to establish dominance. The daily charts have revealed a story of indecisiveness, characterized by the formation of neutral doji candles. This hesitation in price movement follows a previous sharp decline, indicating that the bearish momentum is losing steam. Despite the cautious optimism among bulls, the recent price action has been far from encouraging. The $21 resistance level proved to be a formidable barrier that buyers struggled to breach. This resistance level has been a key focal point....
Will blockchain technology make “smart guns” more acceptable? Kevin Barnes, chairman and CEO of Blocksafe, thinks he has a good chance. The blockchain brings improved security and privacy to “smart gun” technology, which could appease critics. Smart guns have embedded computers to enhance safety by preventing anyone other than authorized parties from firing the weapons. In some cases, the computers ensure that the guns only fire when aimed at inanimate targets. Smart Guns Are Controversial. Some gun enthusiasts see such guns as a step towards gun control. Some critics also think the....
Solana price action indicates that bulls are attempting to regain the market. SOL prices begin the daily trading chart in a horizontal trend. As the market encounters resistance at the $100.5 level, solana prices are trading close to $100. Bulls will attempt to drive prices higher in order to reclaim the $101 level. If prices can be pushed below $99.5, the bears will be able to take control of the market. In the previous 12 hours, Solana prices have fluctuated between $97.10 and $100.54, with the cryptocurrency gaining 0.11%. Solana Recovers Above $100 As the cryptocurrency trades near to....
Solana is currently consolidating just below the $180 level after a strong rally, facing clear resistance as bulls attempt to maintain momentum. While the overall structure remains bullish, upward progress has stalled, and the market is entering a more cautious, tense phase. Buyers are still in control, but they’re struggling to push SOL decisively through this key barrier, keeping the price range-bound in the short term. Related Reading: Bitcoin UTXO Signal Approaches 99% Level – Bullish Signal Or Profit-Taking Setup? Adding to the intrigue, new data from Glassnode reveals that Solana is....