Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its ...
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....
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Solana has long stood as Ethereum’s closest rival across nearly every segment, even though its price performance has not always kept pace. From DeFi to user activity, SOL has been behind Ethereum every step of the way. What used to be a debate about potential now looks more like a measurable race. That conversation between […]
The Solana network has been growing in popularity among decentralized finance (DeFi) enthusiasts. The success of many projects on the platform has drawn developers to it and with the developers have come to the investors. With the market crash, many networks in the market have suffered due to declining prices, having to put in various […]
Hyperliquid’s lead in onchain perpetuals drew a fresh challenge from the Solana ecosystem after Solana co-founder Anatoly Yakovenko, known as Toly, argued that Solana needs its own atomically composable perp DEX inside the SVM. The debate comes as Hyperliquid is already trying to define its regulatory path in Washington during the advancement of the CLARITY Act. The exchange began with Hyperliquid co-founder Jeffrey Yan saying he had spent several days in Washington with the Hyperliquid Policy Center, meeting policymakers as the CLARITY Act advanced. According to him, the discussions....
One Of The Many Case Uses Of Solana’s Alfprotocol Alfprotocol is created to cater to traders with different appetites for risk aversion. In essence, it provides leveraged and non-leveraged products that would suit both new and experienced traders in a decentralized ecosystem that is powered by Solana, a robust blockchain suitable to handle the core […]