Solana Near $70, Why It Could Run Hotter In The Coming Months
Up almost 20% in the past 24 hours, Solana (SOL) has been on an incredible rally across the board. In higher timeframes, the cryptocurrency records a 70% and 141% profit in the 7 day and monthly chart. Perceived as one of Ethereum’s potential killer ecosystems, Solana continues to grow and attract attention from the crypto space. DeFi investor Daniel Cheung recently published a report on the fundamentals that support further appreciation for SOL’s price. Cheung believes this cryptocurrency offers one of the “best” reward/risk scenarios for any crypto investments and predicted the arrival....
Related News
Solana gained nearly 60% between August 3 and September 18, with 26% of that coming in just 10 days when the token blew past its long-term resistance around $220 in the second week of September. That said, after creating a new swing high of $253, Solana quickly plummeted nearly 25% in the following week, leading […]
Solana price (SOL) has recently showcased an impressive performance, setting new records as it regains its bullish momentum. After experiencing a significant decline since July 14, SOL has emerged as one of the top-performing cryptocurrencies, trailing only behind Pepecoin (PEPE) and Chainlink (LINK) in terms of gains in the past 24 hours. With sustained upward movement, SOL has surged by 8.9% in the past day, 39% in the past week, a remarkable 51% in the last two weeks, and 68% in just 30 days. Solana Price Potential Unveiled The recent surge in Solana price has caught the attention of....
Solana-based meme coins have emerged as notable contenders in the crypto market, outperforming the largest cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) in recent months. With coins like Bonk Inu (BONK) soaring nearly 7,000% year-to-date, the potential approval of Solana ETFs filed by asset managers VanEck and 21Shares in the United States, is seen as a potential catalyst for these tokens, according to market expert Leshka. In a recent analysis, Leshka explained that Solana memes have become the dominant narrative of this market cycle, raising expectations for their potential....
Solana is gunning for Ethereum’s crown as the battle for supremacy among smart contract platforms rages on. Even though Ethereum continues to lead the pack in this regard, it has not discouraged others who have been rapidly growing to steal market share from it. Solana has no doubt been the most powerful of these contenders, […]
CryptoSlam ranks Solana as the fourth-best NFT blockchain behind Ethereum, Ronin and Wax in terms of 24-hour sales volume. Secondary sales volume for Solana (SOL) based nonfungible tokens (NFTs) has reached almost $500 million since the start of August. According to data from CryptoSlam, secondary sales of Solana NFTs have generated a total of roughly $497.7 million from around 348,000 transactions as of Nov. 2, with the average sale per NFT tallying in at $1,500. The data shows that Solana saw a record month for secondary NFT sales volume during September with a total of $189.4 million.....