Solana Appreciated After Latest Development, What Are The Next Trading Levels?
Solana soared in double digits over the last 48 hours. The coin touched the $43 mark before it started to retrace on its chart again. In the last 24 hours, SOL just lost 0.1% of it value and stuck to its bullish price action. Owing to its recent development, Solana has displayed a price rally. Technical outlook of SOL was also bullish at press time. The altcoin witnessed an increase in buying strength. This has been influential in driving the price up. Solana has opened up permanent retail space in Manhattan. These stores are specifically dedicated to all things related to....
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DeFi Development announced the launch of DFDV UK, the very first Solana public treasury vehicle in the UK. The move is part of the company’s strategy to expand Solana treasury vehicles across the global market. Joseph Onorati, CEO of DeFi Development, declared in the official press release: DFDV UK is a milestone: the first Solana […]
In a significant development, the bearish action of the Solana price is currently spilling into the SOL-backed Treasury reserves. A recent report shows that corporate treasury companies are experiencing a sharp decline in their SOL holdings in the shadow of broader market unease. Corporate Solana Reserves Continue To Bleed Solana is experiencing a notable development […]
Solana is trading at critical levels after a volatile week that saw major surges across the crypto market. While the rally has sparked optimism, analysts remain sharply divided. Some believe this is just a healthy correction within a broader bull cycle, while others warn that the crypto market may have already entered a new bear phase. Related Reading: Ethereum Flips Key Resistance Into Support – Can Bulls Reclaim $2,000 Level? For Solana, the next few weeks are expected to be decisive. Top analyst Inmortal shared insights on X, highlighting that within the next 30 days, the market will....
Solana is in red for now, but the coin is one of the top performers. In the last year of trading, SOL, the native currency of the Solana ecosystem, rose by over 15X, quickly moving up the crypto ranking to fifth, flipping XRP, Cardano, and even top meme coins like Dogecoin. GSOL Trading At A […]
SOL, the native token of Solana, a leading blockchain platform renowned for its high-speed transactions and innovative technology, is currently facing significant price hurdles. As the cryptocurrency market experiences volatility, Solana’s price has encountered resistance levels that pose challenges to its bullish trajectory. Investors and analysts are closely watching these developments, trying to gauge what lies ahead for SOL. This article explores the current price hurdles facing Solana, delves into future outlooks, and offers predictions on how these obstacles could impact its....