Is $200 Within Reach For Solana Price? Here’s Why This Blockchain Firm Thinks So
Like the general crypto market, the price of Solana (SOL) witnessed significant growth over the past week. According to the latest on-chain data, this might only be the beginning for SOL’s price, with several indications of further upside potential for the altcoin. What’s Behind Solana’s Recent Price Climb? In a new report, blockchain intelligence firm Santiment offered insight into the recent price of Solana. According to the analytics platform, the price of SOL has swung upward by more than 33% since the 4th of July, rewarding investors who continued to bet big on it despite the sluggish....
Related News
Crypto analyst Common Sense Crypto has predicted that XRP could rise by 16,500% and reach $100. He suggested when that could happen and gave reasons why the crypto token can reach such heights despite the reservations some other market participants might have. Related Reading: Is This Solana Meme Coin The Next Dogwifhat (WIF)? $2.4 Million […]
SOL, the native token of the Solana blockchain, has been one of the biggest winners in the crypto market lately, delivering another positive price performance over the past week. This impressive price action reflects the increased interest in the altcoin and the recent shift in the climate of the general crypto market. Interestingly, asset management firm VanEck is amongst the latest entities showing interest in the Solana token and the altcoin’s prospects. VanEck Predicts Potential 10,000% Rally For Solana In a report published on Friday, October 27, prominent asset management company....
Anyone watching the charts recently will have noticed that Solana (SOL) has been on an impressive uptrend recently. The digital asset had grown from where it had been trending around the $88 price range and has once again made it above $100. While this is a welcome trend for the market, especially Solana investors, we […]
Solana has gained the favor of institutional investors recently which has seen a marked increase in the amount of inflows that the altcoin has recorded. This trend has continued with last week’s numbers which show a significant amount of inflows for Solana compared to the likes of Ethereum. Solana Inflows Reach $15.5 Million According to data from the latest CoinShares report, the inflows into Solana for the last week came out to $15.5 million. This came while some altcoins such as Ethereum saw outflows for the week. For context, Ethereum outflows reached $7.4 million in the same time....
Smart contracts platform Solana has performed undaunted by the bears’ onslaught. In the past month, SOL has posted gains exceeding 92%. Its features and applications promise an extension in its uptrend. Firm Sino Global Capital has published a report pointing out Solana‘s strong points. From its low latency, high performance, its operability with the Proof […]