Solana Stalls at $84 After Mid-Band Rejection, but $HYPER Doesn’t Care
What to Know: Solana’s rejection at the $84 mid-band signals potential exhaustion and a risk of leverage unwinds in the short term. Capital is rotating from stagnant major cap altcoins into the high-growth Bitcoin Layer 2 narrative. Bitcoin Hyper combines Solana’s speed with Bitcoin’s security, raising over $31.3M as whales accumulate early positions. The integration of the Solana Virtual Machine (SVM) on Bitcoin creates a new paradigm for high-speed DeFi and gaming. Solana (SOL) is facing a critical test. After a rally that captivated retail attention, the asset hit a....
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According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. ** Editor’s Note: At 3:30 p.m. (EST) on Sept. 14, 2021, this post was updated with a statement written by the Solana Status Twitter account. At the time of update, Solana’s issues still persist and the community is preparing a fix. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets....
Quick Facts: 1️⃣ TD Cowen forecasts Bitcoin reaching $141K by December, signalling renewed institutional interest. 2️⃣ Bitcoin has rebounded after a record $19B liquidation event, showing strong market resilience. 3️⃣ Bitcoin Hyper ($HYPER) brings Solana-level speed and scalability to Bitcoin through its Layer-2, powered by the Solana Virtual Machine. 4️⃣ The $HYPER presale has raised […]
After a rejection from $2.2 at the start of the weekend, the XRP price is now struggling to regain its momentum. This is especially hard given the fact that the altcoin saw the rejection from a major supply zone, and this has dealt a blow to the bullish momentum. This rejection doesn’t bode well for […]
Bitcoin Hyper ($HYPER) took a leap forward this week with its plan to bring high-speed, low-cost transactions and smart-contract functionality to Bitcoin via a Solana Virtual Machine (SVM) rollup architecture. The project will position the world’s largest crypto asset for everyday payments and scalable on-chain apps while preserving Bitcoin’s settlement assurances. The $HYPER presale has […]
Quick Facts: 1️⃣ Bitcoin’s network is handling just 7 TPS with one-hour finality in real time, leaving it far behind scalable chains like Solana that can produce 65K TPS. 2️⃣ Bitcoin Hyper introduces the first true execution Layer 2 for Bitcoin, powered by SVM for sub-second, low-fee transactions. 3️⃣ Hyper can unlock fast payments, DeFi, […]