Solana Breaks $80 Barrier, Why It Could Still Climb 4x From Here
Making its way into the crypto top 10 by market cap, Solana (SOL) has reached a new all-time high briefly hitting over $80 in the past day. At the time of writing, SOL trades at $76,38 with a 15% profit in the daily chart. Solana has remained impervious to the downside price action experienced by most cryptocurrencies in the top 10. As NewsBTC reported, SOL records over 140% profit in the past month and seems poised for more appreciation. Investor Daniel Cheung has been bullish on this network and its ecosystem and believes it will be a strong competitor for Ethereum in the coming months.....
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A top performer in the crypto market, Solana (SOL) continues to attract attention from institutional investors and strengthen its fundamentals for future gains. In that sense, the ecosystem build on top of this network seems poised to become the prime contender to take over a portion of Ethereum’s market share. Related Reading | Solana Breaks $80 Barrier, Why It Could Still Climb 4x From Here Billionaire and early Bitcoin investors Chamath Palihapitiya recently revealed a co-leading position in Syndica, a Solana’s infrastructure developer, seeding round. The investment was made via....
After facing a market-wide correction, several coins, including Ethereum and Solana, have recorded substantial gains in the past week. Earlier today, Ethereum reached a 24-hour high of $1,652 before dropping to $1,602 at press time. The Ethereum killer Solana also peaked at $33.74 on the day. However, it has fallen to $32.66. Although both have suffered some losses on the day, the coins have kept impressive profits in the last seven days. The top-ten tokens by market cap recorded a weekly gain of over 10%. Ethereum and Solana are poised to finish the month of October strong if they....
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....
Solana is distinguishing itself in the crypto market, with a remarkable 50% monthly gain and an extraordinary 450% year-to-date increase, contributing to the overall surge in optimism. This trend is further amplified by Bitcoin’s ascent beyond $37,000 and its ambitious aim to reach $40,000 by year-end. Solana’s standout performance adds a notable dimension to the current positive sentiment prevailing in the cryptocurrency space. In an early morning rally, Solana broke the $50 barrier, marking its highest point since May 22, 2022. This exceptional performance underscores growing....
Bitcoin price was down below the $19,000 level on Thursday morning, at one point reaching its lowest point since June, due to a decline in global stock markets and the continued resilience of the U.S. dollar. However, it was a different scenario on Friday afternoon, Eastern Time as Bitcoin broke past the $20,000 barrier and improved by […]