As the cryptocurrency market took a huge fall due to the FTX exchange debacle, Solana (SOL) found itself facing the worst time. Its value took a significant fall and its devastation followed the FTX Token (FTT). Despite taking a huge hit due to the FTX exchange collapse, SOL has demonstrated a strong performance in the…
The crypto space is infamous for the many ups and downs that a token can experience over the course of its lifespan. In a matter of days or sometimes hours, it is very likely that a token can see its price reach the highest highs and the lowest lows. However, other than having to worry…
Solana has currently traded inside a consolidation phase. Despite recovery outlooks on the charts, the altcoin trades around value areas last witnessed in August 2021. SOL recorded lateral price actions over the past couple of days. Presumptions are SOL would experience a trend shift following a consolidated phase. The technical picture revealed positive price movements…
Market participants best know Solana for its low fees and high speeds. However, individuals highly drawn into the project also recognize Solana’s ambitious goals of attracting increased users and multiple developers in the crypto space. However, is Solana on its way to achieving the targets? The latest insight reports by Santiment on cryptocurrency projects and…
The crypto market crashed today, alts such as Avalanche and Cardano tumbling more than Bitcoin. The world’s leading crypto lost more than 7% to $39,417. Remember, BTC has never crashed beneath $40K since 16 March. Ethereum, the 2nd-largest digital coin by market value, lost over 6% to lose the $3,000 mark. Also, the meme crypto…
SOL’s rejection around the bearish breaker led to a 27% drop. Enthusiasts may expect Solana to rebound from the $65.91 – $81.99 demand territory and gain 41%. A daily candle close under $65.91 will annul SOL’s bullish narrative. Solana price encountered massive rejection on 7 February as the alt challenged a critical resistance before suffering…
DOT price lost over 5% within the last 24 hours, moving to the lows of $21.21. Trading volume surged around 25%, confirming the bearish case. Sellers set stop-losses at today’s peak of $23, eyeing profit-taking. Polkadot (DOT) remains largely bearish today as the alternative token lost more than 5%, hitting low levels of $21.21. The…
Though Bitcoin lost more than 10% in January’s first week, it is not the only digital token that seemed to start the year on a ‘wrong’ foot. Solana, one of 2021’s best performers, appeared to undergo a somewhat challenging time. The downbeat in the overall crypto space dragged SOL price down on the charts. That…
For the time being, Cardano is not doing very well on the cryptocurrency leader board. The native token of Cardano, ADA, has been overtaken by SOL native to the Solana network. This recent event has sparked debate and controversy among the Cardano traders. To address the issue, Cardano founder Charles Hoskinson has hosted a live…
