Solana pumps to all-time high as Bitcoin, altcoins lag
SOL was one of the top-performing cryptocurrencies on Sunday, outperforming Bitcoin and Ethereum by a considerable margin. Solana’s native SOL token is charting new highs on Sunday, gaining in U.S. dollars and in Bitcoin (BTC) on the back of growing network adoption and a key technical breakthrough. The SOL token peaked at $52.42 on Sunday, according to TradingView, having gained 24% over the 24-hour trading cycle. That marked a new all-time high for SOL and the first definitive break above the psychological $50 level. As Cointelegraph previously reported, Solana rallied to a high of....
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Several altcoins have garnered attention for their potential in the next bull run. Nick, a prominent crypto analyst and host of the Cheeky Crypto YouTube channel, has pinpointed three specific altcoins that he believes are poised for significant growth in the forthcoming market surge. Based on current market trends and developments, Nick’s analysis highlights these altcoins for their unique features and potential growth trajectories. These predictions offer insights into which could be the next big movers in the crypto world. Related Reading: Crypto Analyst Projects $7 Trillion....
Bitcoin and Ethereum have always been at the forefront for institutional investors. This is with good reasons too as not only are these the largest cryptocurrencies by market cap, but they are also the most popular with the best prospects. As time has gone on though, competition has become stiffer for the attention of institutional investors. The rise of other altcoins has put forward some formidable contenders for these two cryptocurrencies. Now, institutional investors are now moving away from the big two and pouring money into other altcoins, taking a completely bearish stance on....
Solana is this season’s hottest crypto blue-chip, up 20% month-on-month, while $BTC slips 8.5%. But that’s likely just the beginning of a turbocharged rally. Multiple catalysts are lining up to push the coin further up the charts over the coming days. Bulls are betting on SOL Strategies’ historic listing on NASDAQ and Forward Industries’ fresh […]
SOL price is 87% down from its all-time high, but do improving fundamentals strengthen its investment thesis? The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more than 70% down from their 2021 highs. Solana is on that list and investors are on the fence about whether the token has strong enough fundamentals to warrant buying Solana (SOL) at its current value. Data from Cointelegraph Markets Pro and TradingView shows SOL is down 87.5% from its all-time high and given the current state of the market, most price breakouts fail to....
A crypto analyst has projected explosive price targets for both the Bitcoin price and the Solana price. According to the forecast, if Bitcoin surpasses $400,000, Solana could be trading around $1,500 at the same time. The basis of this projection rests on the assumption that altcoins could mirror BTC’s explosive rally to reach their respective all-time high targets. The analyst has also urged investors and traders to buy more Bitcoin before this surge, underscoring his strong belief that the cryptocurrency could soon enter a fresh bull market. Analyst Sees Bitcoin Price At $400,000 And....