SolanaUpdate
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🚀How Crypto Trader Made 56,000% Return On 4 Solana Tokens 💹💰
In a jaw-dropping feat, a crypto trader transformed a mere 4 Solana (SOL) tokens into a staggering 2,250 SOL, valued at around $245,000, within just five days! 🌐📈 The astonishing gain of over 56,000% unfolded as the trader spotted a meme-inspired cryptocurrency in its early trading days. Let's delve into the incredible journey.
🔍 Discovering BORK: The Memecoin Goldmine! 🚀🐶
The savvy trader, armed with keen insight, identified the BORK token a mere 10 minutes after it hit the market. Seizing the opportunity, they swiftly invested 4 SOL tokens, acquiring a whopping 1.2 billion BORK tokens. 🚀💡
🔄 Strategic Moves for Massive Gains! 💸
As the value of BORK surged, the trader made strategic moves. They wisely sold 888 million BORK tokens for 1,454 SOL, capitalizing on the cryptocurrency's appreciation. Remarkably, the trader still holds 311.4 million BORK, now valued at around 800 SOL tokens, showcasing the art of strategic hodling. 📊🤑
🤔 Insider Trading or Strategic Genius? 🕵️♂️🤯
Some speculations arose regarding insider trading, with users suggesting possible knowledge advantages. However, the trader's timely discovery of BORK's potential raises questions about the fine line between insider knowledge and strategic analysis.
🌐 Solana's Thriving Ecosystem: Riding the Wave of Success! 🌊💎
Solana's ecosystem has been flourishing, rebounding from the FTX exchange collapse. The recent surge in SOL's native token, up over 600% in the past year, reflects the resilience and growth of the Solana blockchain.
🚀 Future Predictions: SOL's Skyrocketing Trajectory! 🚀🔮
Amidst the buzz, a respected cryptocurrency strategist predicts a major surge for SOL. With a track record of calling Bitcoin's 2018 bear market bottom, the strategist foresees a promising trajectory for Solana in the near future. 📈🌟
👉 Stay Tuned for More Crypto Marvels! Follow The Blockopedia for Real-time Updates! 🌐📰
#SolanaSurges #SolanaTrade #SolanaUpdate #cryptocurreny #crypto2024
In a jaw-dropping feat, a crypto trader transformed a mere 4 Solana (SOL) tokens into a staggering 2,250 SOL, valued at around $245,000, within just five days! 🌐📈 The astonishing gain of over 56,000% unfolded as the trader spotted a meme-inspired cryptocurrency in its early trading days. Let's delve into the incredible journey.
🔍 Discovering BORK: The Memecoin Goldmine! 🚀🐶
The savvy trader, armed with keen insight, identified the BORK token a mere 10 minutes after it hit the market. Seizing the opportunity, they swiftly invested 4 SOL tokens, acquiring a whopping 1.2 billion BORK tokens. 🚀💡
🔄 Strategic Moves for Massive Gains! 💸
As the value of BORK surged, the trader made strategic moves. They wisely sold 888 million BORK tokens for 1,454 SOL, capitalizing on the cryptocurrency's appreciation. Remarkably, the trader still holds 311.4 million BORK, now valued at around 800 SOL tokens, showcasing the art of strategic hodling. 📊🤑
🤔 Insider Trading or Strategic Genius? 🕵️♂️🤯
Some speculations arose regarding insider trading, with users suggesting possible knowledge advantages. However, the trader's timely discovery of BORK's potential raises questions about the fine line between insider knowledge and strategic analysis.
🌐 Solana's Thriving Ecosystem: Riding the Wave of Success! 🌊💎
Solana's ecosystem has been flourishing, rebounding from the FTX exchange collapse. The recent surge in SOL's native token, up over 600% in the past year, reflects the resilience and growth of the Solana blockchain.
🚀 Future Predictions: SOL's Skyrocketing Trajectory! 🚀🔮
Amidst the buzz, a respected cryptocurrency strategist predicts a major surge for SOL. With a track record of calling Bitcoin's 2018 bear market bottom, the strategist foresees a promising trajectory for Solana in the near future. 📈🌟
👉 Stay Tuned for More Crypto Marvels! Follow The Blockopedia for Real-time Updates! 🌐📰
#SolanaSurges #SolanaTrade #SolanaUpdate #cryptocurreny #crypto2024
📉💰 Solana (SOL) at $110: A Risky Move? Retik Finance (RETIK) at $0.07: A Must-Buy! 🚀🌐
The crypto market's wild ride offers both risks and rewards. Let's dissect why buying Solana (SOL) at $110 might not be the best call and why Retik Finance (RETIK) at $0.07 is a compelling opportunity for savvy investors.
🌊 Solana's Recent Surge: Beyond the Price Tag
Solana's remarkable surge to over $100 has turned heads, but is it a wise investment? Let's explore some concerns:
Market Timing Risk: Buying at an all-time high is dicey; the potential for correction or a bear market is real.
Limited Growth Potential: Substantial appreciation already may limit further rapid growth.
Overvaluation Risk: High expectations at this valuation could lead to disappointment.
High Entry Barrier: $110 might be steep for new investors, increasing exposure to risk.
Sentiment Sensitivity: Cryptocurrency sentiment is fickle; sustaining positivity is crucial.
💡 Why Retik Finance (RETIK) at $0.07 is a Smart Move
Now, consider Retik Finance (RETIK) at $0.07, a diamond in the rough with compelling advantages:
Low Entry Price Point: At $0.07, RETIK tokens offer a low-cost entry for a sizable investment.
Growth Potential: Early investment potential, bridging crypto and fiat finance, solving real-world financial challenges.
Diversification: Mitigate risk by diversifying your portfolio with a modest capital commitment.
Strong Fundamentals: Built on decentralization, security, sustainability, low cost, and high efficiency.
Innovative Solutions: DeFi solutions making financial transactions accessible, efficient, and secure.
Financial Inclusion Mission: A mission to bridge the gap between crypto and fiat finance, fostering financial inclusion.
🌐 For more crypto insights and investment tips, follow The Blockopedia! 📰💡
#Solana2024 #SolanaSurges #SolanaUpdate #Cryptocurrency #crypto2024
The crypto market's wild ride offers both risks and rewards. Let's dissect why buying Solana (SOL) at $110 might not be the best call and why Retik Finance (RETIK) at $0.07 is a compelling opportunity for savvy investors.
🌊 Solana's Recent Surge: Beyond the Price Tag
Solana's remarkable surge to over $100 has turned heads, but is it a wise investment? Let's explore some concerns:
Market Timing Risk: Buying at an all-time high is dicey; the potential for correction or a bear market is real.
Limited Growth Potential: Substantial appreciation already may limit further rapid growth.
Overvaluation Risk: High expectations at this valuation could lead to disappointment.
High Entry Barrier: $110 might be steep for new investors, increasing exposure to risk.
Sentiment Sensitivity: Cryptocurrency sentiment is fickle; sustaining positivity is crucial.
💡 Why Retik Finance (RETIK) at $0.07 is a Smart Move
Now, consider Retik Finance (RETIK) at $0.07, a diamond in the rough with compelling advantages:
Low Entry Price Point: At $0.07, RETIK tokens offer a low-cost entry for a sizable investment.
Growth Potential: Early investment potential, bridging crypto and fiat finance, solving real-world financial challenges.
Diversification: Mitigate risk by diversifying your portfolio with a modest capital commitment.
Strong Fundamentals: Built on decentralization, security, sustainability, low cost, and high efficiency.
Innovative Solutions: DeFi solutions making financial transactions accessible, efficient, and secure.
Financial Inclusion Mission: A mission to bridge the gap between crypto and fiat finance, fostering financial inclusion.
🌐 For more crypto insights and investment tips, follow The Blockopedia! 📰💡
#Solana2024 #SolanaSurges #SolanaUpdate #Cryptocurrency #crypto2024
WHY IS EVERYONE TAKING THEIR SOLANA ($SOL ) OFF EXCHANGES? 😱👇
In just one week, a whopping $200 million worth of Solana tokens were taken off various exchanges (like Binance, Bybit, Bitfinex, etc.). This move shows investors are really confident about SOL and are moving their tokens to their own wallets for safekeeping and long-term investment. Using a hardware wallet is safer because you're fully in control; there's no risk of it running off with your funds or collapsing like FTX. But it's not just personal wallets getting these tokens; some are being sent to Solana validators and others to different protocols. The rise in popularity of memecoins on the Solana network is also making investors stake their SOL to get in on meme token sales (initial coin offerings, ICOs).
This big move of cryptocurrencies out of exchanges is a sign that investor attitudes and strategies are changing. They're betting that SOL's price will hit its previous peak of $251 again, so they're positioning their investments for potentially higher returns in the future.
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
In just one week, a whopping $200 million worth of Solana tokens were taken off various exchanges (like Binance, Bybit, Bitfinex, etc.). This move shows investors are really confident about SOL and are moving their tokens to their own wallets for safekeeping and long-term investment. Using a hardware wallet is safer because you're fully in control; there's no risk of it running off with your funds or collapsing like FTX. But it's not just personal wallets getting these tokens; some are being sent to Solana validators and others to different protocols. The rise in popularity of memecoins on the Solana network is also making investors stake their SOL to get in on meme token sales (initial coin offerings, ICOs).
This big move of cryptocurrencies out of exchanges is a sign that investor attitudes and strategies are changing. They're betting that SOL's price will hit its previous peak of $251 again, so they're positioning their investments for potentially higher returns in the future.
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
$SOL update
Sol respected its bullish trendline and its nearest resistance was 101 and sol broke it
Sol was bearish for short-term and was respecting its bearish trendline but today sol has broken the bearish trendline and now its ready to fly
Spot traders now you can buy sol and hold it til 125 to 140
#SolanaTrade #SolanaUpdate #SOLAnalysis #cryptochartcraft
Sol respected its bullish trendline and its nearest resistance was 101 and sol broke it
Sol was bearish for short-term and was respecting its bearish trendline but today sol has broken the bearish trendline and now its ready to fly
Spot traders now you can buy sol and hold it til 125 to 140
#SolanaTrade #SolanaUpdate #SOLAnalysis #cryptochartcraft
According to our team's research, Solana Coin can cross $126 #sol #Write2Earn #PYTH #SolanaUpdate
$SOL $ETH $BTC
$SOL $ETH $BTC
$SOL Hi guys! #Sol is bouncing back 2x sharply with every cent of down of #BTC due to so called network congestion. So it is better to trade in #BTC🔥🔥🔥🔥🔥🔥 instead of #SolanaUpdate
Guys, Follow Me For More Information And Perfect Predictions,
Must Read 3 Exchanges Report,
WHY EVERYONE IS MOVING $SOL OUT OF EXCHANGES? 😱👇
In just 1 week, Ton of Solana tokens ($200 million value) have been moving out from several exchanges (e.g. Binance, Bybit, Bitfinex, etc).
That indicates strong confidence among investors and as a consequence they transferred their SOL tokens to their personal wallets for long-term holding.
This procedure enhances security because an hardware wallet is entirely under your control. It cannot run away with your money and fail like FTX did. Personal wallets were not the only destination; some of them were moved to Solana validators, while others were transferred into protocols.
In fact, the popularity of memecoins on the Solana network has pushed investors to stake their SOL to participate in meme token sales (initial coin offerings, ICOs)
Remember, the movement of cryptocurrencies from exchanges indicate shifts in investor sentiment and trading strategies.
Remember, the movement of cryptocurrencies from exchanges can indicate shifts in investor sentiment and trading strategies. Investors believe that SOL's price will soon revisit its previous all-time high of $251 and as a consequence, they are moving their funds 'in the future' for higher returns
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
$SOL $SOL
Must Read 3 Exchanges Report,
WHY EVERYONE IS MOVING $SOL OUT OF EXCHANGES? 😱👇
In just 1 week, Ton of Solana tokens ($200 million value) have been moving out from several exchanges (e.g. Binance, Bybit, Bitfinex, etc).
That indicates strong confidence among investors and as a consequence they transferred their SOL tokens to their personal wallets for long-term holding.
This procedure enhances security because an hardware wallet is entirely under your control. It cannot run away with your money and fail like FTX did. Personal wallets were not the only destination; some of them were moved to Solana validators, while others were transferred into protocols.
In fact, the popularity of memecoins on the Solana network has pushed investors to stake their SOL to participate in meme token sales (initial coin offerings, ICOs)
Remember, the movement of cryptocurrencies from exchanges indicate shifts in investor sentiment and trading strategies.
Remember, the movement of cryptocurrencies from exchanges can indicate shifts in investor sentiment and trading strategies. Investors believe that SOL's price will soon revisit its previous all-time high of $251 and as a consequence, they are moving their funds 'in the future' for higher returns
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
$SOL $SOL
$SOL update
Sol is still bearish it is not showing bullish sign yet although its right now at the support
Breakout of support will push it further down
And if it didn't break it then it will go up
Sol daily candle closed at 94.4 and its trading at this level and support is 90
In my previous analysis i told you buy it between 80 to 90 and its coming down
My suggestion is wait for the volume of whales and when they start buying then you can buy it #SolanaTrade #Solana-SOL #SolanaUpdate #cryptochartcraft
Sol is still bearish it is not showing bullish sign yet although its right now at the support
Breakout of support will push it further down
And if it didn't break it then it will go up
Sol daily candle closed at 94.4 and its trading at this level and support is 90
In my previous analysis i told you buy it between 80 to 90 and its coming down
My suggestion is wait for the volume of whales and when they start buying then you can buy it #SolanaTrade #Solana-SOL #SolanaUpdate #cryptochartcraft
🚀 Solana's $SOL hits new yearly high, soaring 13.3% in 24 hours to $133
#SolanaUpdate #SolanaPriceSurge
#SolanaUpdate #SolanaPriceSurge
WHY EVERYONE IS MOVING $SOL OUT OF EXCHANGES? 😱👇
In just 1 week, Ton of Solana tokens ($200 million value) have been moving out from several exchanges (e.g. Binance, Bybit, Bitfinex, etc). That indicates strong confidence among investors and as a consequence they transferred their SOL tokens to their personal wallets for long-term holding. This procedure enhances security because an hardware wallet is entirely under your control. It cannot run away with your money and fail like FTX did. Personal wallets were not the only destination; some of them were moved to Solana validators, while others were transferred into protocols. In fact, the popularity of memecoins on the Solana network has pushed investors to stake their SOL to participate in meme token sales (initial coin offerings, ICOs)
Remember, the movement of cryptocurrencies from exchanges indicate shifts in investor sentiment and trading strategies. Remember, the movement of cryptocurrencies from exchanges can indicate shifts in investor sentiment and trading strategies. Investors believe that SOL's price will soon revisit its previous all-time high of $251 and as a consequence, they are moving their funds 'in the future' for higher returns
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
In just 1 week, Ton of Solana tokens ($200 million value) have been moving out from several exchanges (e.g. Binance, Bybit, Bitfinex, etc). That indicates strong confidence among investors and as a consequence they transferred their SOL tokens to their personal wallets for long-term holding. This procedure enhances security because an hardware wallet is entirely under your control. It cannot run away with your money and fail like FTX did. Personal wallets were not the only destination; some of them were moved to Solana validators, while others were transferred into protocols. In fact, the popularity of memecoins on the Solana network has pushed investors to stake their SOL to participate in meme token sales (initial coin offerings, ICOs)
Remember, the movement of cryptocurrencies from exchanges indicate shifts in investor sentiment and trading strategies. Remember, the movement of cryptocurrencies from exchanges can indicate shifts in investor sentiment and trading strategies. Investors believe that SOL's price will soon revisit its previous all-time high of $251 and as a consequence, they are moving their funds 'in the future' for higher returns
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
🚨Attention 🤧 Attention
Tomorrow marks the highly anticipated launch of the JUP token on Jupiter, Solana's largest decentralized exchange (DEX).
The pre-market surge in its price reflects the excitement within the Solana community. The airdrop claim site is now open after extensive platform testing, offering features like DCA and Limit orders for those considering the launch purchase.
The event is set for January 31 at 10 am EST, featuring an initial circulation of 1.35 billion tokens, and the current initial price of the JUP token stands at $0.7 on OTC.
Stay tuned for more crypto updates – share and follow for the latest information.
#SolanaUpdate #jupiter #DEXTOOLs $SOL
Tomorrow marks the highly anticipated launch of the JUP token on Jupiter, Solana's largest decentralized exchange (DEX).
The pre-market surge in its price reflects the excitement within the Solana community. The airdrop claim site is now open after extensive platform testing, offering features like DCA and Limit orders for those considering the launch purchase.
The event is set for January 31 at 10 am EST, featuring an initial circulation of 1.35 billion tokens, and the current initial price of the JUP token stands at $0.7 on OTC.
Stay tuned for more crypto updates – share and follow for the latest information.
#SolanaUpdate #jupiter #DEXTOOLs $SOL
$SOL update
Sol formed symmetrical triangle in 4hr and daily time frame breakout of any side will cause to move in that direction but sometimes market do fake breakout
Support is between 85 to 88 according to structure of the market its will come to support probably.
Resistance is between 99 to 102 breakout of resistance will resume the bullish trend but market will break this the resistance with force then it will be valid breakout. For example sol is trading between 85 to 88 and sol suddenly set an engulfing 4hr candle from 85 to 102 then without any doubts you can buy sol at 102 then don't worry it won't come down market always break the support like slingshot force
Trend is bearish in every lower time frame and even daily time frame is bearish but week is consolidating and monthly trend is still bullish
In this month sol is forming red candle possible bottom is between 78 to 80
Spot traders don't buy it now wait for the market to come down it will come down you can buy it from 80to 88 but it's expected that it will come down more
This is the month of January its just beginning of new year and three month low can be 73. Buying will be good between 70 to 88 for longterm
#SolanaUpdate #SolanaTrade #Solana-SOL #cryptochartcraft
Sol formed symmetrical triangle in 4hr and daily time frame breakout of any side will cause to move in that direction but sometimes market do fake breakout
Support is between 85 to 88 according to structure of the market its will come to support probably.
Resistance is between 99 to 102 breakout of resistance will resume the bullish trend but market will break this the resistance with force then it will be valid breakout. For example sol is trading between 85 to 88 and sol suddenly set an engulfing 4hr candle from 85 to 102 then without any doubts you can buy sol at 102 then don't worry it won't come down market always break the support like slingshot force
Trend is bearish in every lower time frame and even daily time frame is bearish but week is consolidating and monthly trend is still bullish
In this month sol is forming red candle possible bottom is between 78 to 80
Spot traders don't buy it now wait for the market to come down it will come down you can buy it from 80to 88 but it's expected that it will come down more
This is the month of January its just beginning of new year and three month low can be 73. Buying will be good between 70 to 88 for longterm
#SolanaUpdate #SolanaTrade #Solana-SOL #cryptochartcraft
Why are people taking their Solana ($SOL ) off exchanges?
In the past week alone, around $200 million worth of Solana tokens were moved from exchanges like Binance, Bybit, and Bitfinex. This indicates that investors have strong faith in SOL and are transferring their tokens to personal wallets for safekeeping and long-term holding.
Storing tokens in a hardware wallet provides greater security because you have full control, unlike exchanges that could face risks like collapse or mismanagement. Additionally, some tokens are being sent to Solana validators or used in various protocols.
The increasing popularity of meme coins on the Solana network is encouraging investors to stake their SOL for meme token sales (initial coin offerings, ICOs). This trend of moving cryptocurrencies off exchanges signals a shift in investor behavior and strategies. Investors are optimistic that SOL's price will reach its previous peak of $251, so they're positioning themselves for potential future gains.
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
In the past week alone, around $200 million worth of Solana tokens were moved from exchanges like Binance, Bybit, and Bitfinex. This indicates that investors have strong faith in SOL and are transferring their tokens to personal wallets for safekeeping and long-term holding.
Storing tokens in a hardware wallet provides greater security because you have full control, unlike exchanges that could face risks like collapse or mismanagement. Additionally, some tokens are being sent to Solana validators or used in various protocols.
The increasing popularity of meme coins on the Solana network is encouraging investors to stake their SOL for meme token sales (initial coin offerings, ICOs). This trend of moving cryptocurrencies off exchanges signals a shift in investor behavior and strategies. Investors are optimistic that SOL's price will reach its previous peak of $251, so they're positioning themselves for potential future gains.
#SolanaUpdate #solananews #SolanaPrice #SolanaMemeCoin #learntoearn
🚀 **SOLANA UPDATE: ByBit USDT, KuCoin Futures** 🚀
🎯 **Take-Profit Target 1 Hit!** ✅
💹 **Profit:** 24.7797% 📈
⏰ **Period:** 1 Hour 12 Minutes
Exciting news! Our #SOL/USDT signal on ByBit and KuCoin Futures has successfully achieved its first target with a profit of 24.7797% in just 1 hour and 12 minutes! 🌟🚀 Stay tuned for further updates on this stellar performance. 🌐💰 #CryptoWin #SolanaUpdate
🎯 **Take-Profit Target 1 Hit!** ✅
💹 **Profit:** 24.7797% 📈
⏰ **Period:** 1 Hour 12 Minutes
Exciting news! Our #SOL/USDT signal on ByBit and KuCoin Futures has successfully achieved its first target with a profit of 24.7797% in just 1 hour and 12 minutes! 🌟🚀 Stay tuned for further updates on this stellar performance. 🌐💰 #CryptoWin #SolanaUpdate
🚨 Users struggle to withdraw #Solana from Lido's staking protocol after service discontinuation.
#Lido formally ceased support on February 4, yet 112,923.29 SOL remains locked, affecting 31,585 users.
The valuation of locked $SOL is approximately $21 million.
#LidoStaking #SolanaUpdate #TrendingTopic
#Lido formally ceased support on February 4, yet 112,923.29 SOL remains locked, affecting 31,585 users.
The valuation of locked $SOL is approximately $21 million.
#LidoStaking #SolanaUpdate #TrendingTopic
$SOL update
Sol didn't got the enough rejection from support and its again coming down and sol broke the bullish trendline below and now using it as a support
Sol need liquidity to go up now sol using 94 level as a resistance. It need a big wick to liquidate all buyers and to lure new seller to go up
Rejection of big wick always shows that market liquidated buyers or sellers
Big whales don't buy on normal support or resistance they need liquidity to to up because order cannot be fill without liquidity so they always put there order on the level of liquidity #SolanaTrade #SolanaSurges #SolanaUpdate #cryptochartcraft
Sol didn't got the enough rejection from support and its again coming down and sol broke the bullish trendline below and now using it as a support
Sol need liquidity to go up now sol using 94 level as a resistance. It need a big wick to liquidate all buyers and to lure new seller to go up
Rejection of big wick always shows that market liquidated buyers or sellers
Big whales don't buy on normal support or resistance they need liquidity to to up because order cannot be fill without liquidity so they always put there order on the level of liquidity #SolanaTrade #SolanaSurges #SolanaUpdate #cryptochartcraft
🚀 Here’s Why Solana Price May Surge 28% Before Month End 🌅💹
Is Solana (SOL) gearing up for a triumphant comeback? The recent correction seems to be paving the way for an impressive surge, and here's why:
📉 1. Bullish Flag Pattern Unveiled: Technical Signals for a Reversal! 🚩
The current correction in Solana's price is encapsulated within a bullish flag pattern, suggesting a natural downturn within an overarching uptrend. 📈 This sets the stage for buyers to gather strength, especially as the 50-day EMA acts as dynamic support amid market fluctuations. Could this technical scenario, coupled with Solana Mobile's announcement of a second smartphone release, propel SOL to new heights?
📈 2. Fibonacci Retracement Analysis: Buyers in Control at 38.2%! 🔄
Despite a recent 22.87% decline in SOL's value, the price holds strong above the 38.2% Fibonacci retracement level. 📊 This indicates that buyers retain significant control over the price trajectory, offering a resilient foundation for potential upward movement.
💻 3. Solana Mobile's Second Smartphone Release: Catalyst for Growth! 📱
Adding fuel to the bullish sentiment, Solana Mobile is gearing up for the launch of its second smartphone. Building on the success of the Saga phone, the upcoming device boasts features like an integrated cryptocurrency wallet, custom Android software, and an exclusive dApp store for decentralized applications. 🌐🚀
📈 4. Technical Analysis Points to a 30% Surge: $126 Target in Sight! 🚀💰
Traders keeping a close eye on Solana should watch for a breakout above the current trendline resistance. If successful, this move could trigger a 30% surge, aiming for the previous high resistance level at $126.
🌐 For real-time updates and insights into Solana and other crypto trends, follow The Blockopedia!
#SolanaUpdate #SolanaMemeCoins #SolanaSurges #cryptocurrency #crypto2024
Is Solana (SOL) gearing up for a triumphant comeback? The recent correction seems to be paving the way for an impressive surge, and here's why:
📉 1. Bullish Flag Pattern Unveiled: Technical Signals for a Reversal! 🚩
The current correction in Solana's price is encapsulated within a bullish flag pattern, suggesting a natural downturn within an overarching uptrend. 📈 This sets the stage for buyers to gather strength, especially as the 50-day EMA acts as dynamic support amid market fluctuations. Could this technical scenario, coupled with Solana Mobile's announcement of a second smartphone release, propel SOL to new heights?
📈 2. Fibonacci Retracement Analysis: Buyers in Control at 38.2%! 🔄
Despite a recent 22.87% decline in SOL's value, the price holds strong above the 38.2% Fibonacci retracement level. 📊 This indicates that buyers retain significant control over the price trajectory, offering a resilient foundation for potential upward movement.
💻 3. Solana Mobile's Second Smartphone Release: Catalyst for Growth! 📱
Adding fuel to the bullish sentiment, Solana Mobile is gearing up for the launch of its second smartphone. Building on the success of the Saga phone, the upcoming device boasts features like an integrated cryptocurrency wallet, custom Android software, and an exclusive dApp store for decentralized applications. 🌐🚀
📈 4. Technical Analysis Points to a 30% Surge: $126 Target in Sight! 🚀💰
Traders keeping a close eye on Solana should watch for a breakout above the current trendline resistance. If successful, this move could trigger a 30% surge, aiming for the previous high resistance level at $126.
🌐 For real-time updates and insights into Solana and other crypto trends, follow The Blockopedia!
#SolanaUpdate #SolanaMemeCoins #SolanaSurges #cryptocurrency #crypto2024
As Solana Restarts Price Uptrend, Here’s Why SOL Is Poised For Huge Rally
Solana (SOL) saw its impressive ascent to remarkable price highs halted following a correction that saw the token decline from $77.75 to a value below the $70 mark.
The drop in SOL’s price was attributed to Bitcoin’s seemingly poor form that accompanied the number one largest crypto transient rally.
Nevertheless, Solana’s (SOL) current price action is hinting at a potential resurgence. Notedly, SOL could spike by about 20% if conditions remain favorable.
Solana (SOL) Price Actions And Implications
The rally was said to have set in above the $65 support level. Meanwhile, a low was formed around the $63.78 price level.
Intriguingly, there have been attempts for new increments with price movements above the resistance levels at $68 and $70.
In addition, Solana’s price rose by approximately 10%, registering movements above the 50% Fibonacci retracement level of the downward trend from maximum and minimum prices of $77.2 and $63.78, respectively.
Based on current market standings, SOL is selling above $60 and the 100 simple moving average (4 hours). Also, a bullish trendline forming with support near $65.50 on the 4-hour chart of the SOL/USD pair was discovered.
On the elevated scale, immediate resistance appears to be within the $72.40 price mark, and the first significant resistance level is near the $75 price mark.
The primary resistance is close to the $77.75 price mark; closing above it could orchestrate another significant SOL rally. The next target that could pose a notable resistance $80 price mark; breaking above it can increase SOL’s value to about $85.
Solana (SOL) Current Market Statistics
Solana (SOL) price at the time of drafting this report is $76.12, implying a 7.2% increment in the past 24 hours. The token is currently the sixth-largest crypto project with a market cap of $32,337,724,023, a cap dominance of 1.895%, and a trading volume of about $2,474,453,084.
The digital asset recorded an increase of about 11.9% and 33.7% in the past seven days and the last month, respectively. The maximum and minimum prices in the previous week were 77.32 and $64.81, respectively.
Meanwhile, in one of our previous reports, Bluntz, a crypto market watcher who accurately called Bitcoin 2018 low, noted that a massive SOL surge is imminent. He added that the coin would spike by 40%. It is left to see how events unfold.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SolanaPrice #SolanaUpdate $SOL
The drop in SOL’s price was attributed to Bitcoin’s seemingly poor form that accompanied the number one largest crypto transient rally.
Nevertheless, Solana’s (SOL) current price action is hinting at a potential resurgence. Notedly, SOL could spike by about 20% if conditions remain favorable.
Solana (SOL) Price Actions And Implications
The rally was said to have set in above the $65 support level. Meanwhile, a low was formed around the $63.78 price level.
Intriguingly, there have been attempts for new increments with price movements above the resistance levels at $68 and $70.
In addition, Solana’s price rose by approximately 10%, registering movements above the 50% Fibonacci retracement level of the downward trend from maximum and minimum prices of $77.2 and $63.78, respectively.
Based on current market standings, SOL is selling above $60 and the 100 simple moving average (4 hours). Also, a bullish trendline forming with support near $65.50 on the 4-hour chart of the SOL/USD pair was discovered.
On the elevated scale, immediate resistance appears to be within the $72.40 price mark, and the first significant resistance level is near the $75 price mark.
The primary resistance is close to the $77.75 price mark; closing above it could orchestrate another significant SOL rally. The next target that could pose a notable resistance $80 price mark; breaking above it can increase SOL’s value to about $85.
Solana (SOL) Current Market Statistics
Solana (SOL) price at the time of drafting this report is $76.12, implying a 7.2% increment in the past 24 hours. The token is currently the sixth-largest crypto project with a market cap of $32,337,724,023, a cap dominance of 1.895%, and a trading volume of about $2,474,453,084.
The digital asset recorded an increase of about 11.9% and 33.7% in the past seven days and the last month, respectively. The maximum and minimum prices in the previous week were 77.32 and $64.81, respectively.
Meanwhile, in one of our previous reports, Bluntz, a crypto market watcher who accurately called Bitcoin 2018 low, noted that a massive SOL surge is imminent. He added that the coin would spike by 40%. It is left to see how events unfold.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#SolanaPrice #SolanaUpdate $SOL
HERE IS WHERE $SOL & A16Z SECRETLY ALLOCATED THEIR MONEY 💎 👇
Solana investments outlines a stronger allocation in NFTs and Gaming while a16z (Andreessen Horowitz) prefers to distribute its funds equally in blockchain services (decentralized protocols, scaling solutions etc.). However, a16z massively prioritize its funds on layers 1 (14.38%). It's current portfolio outlines L1 Projects like AVAX, NEAR, APT & SOL. That's an important insight because it shows how this venture capital firm strongly believe into the blockchain technology. From the other side, Solana ventures prioritize NFTs and Gaming most (15.79%). It's not a surprise that its portfolio includes GMT (Top Move To Earn NFT Game) and MPLX (NFT marketplace).
Solana aims to differentiate and funds new projects according to new "profit-trend" and thus it tends to be more dynamic in its allocation. Instead, a16z prefers to fund and hold those projects with the highest probability of survival for the long term; thus focusing on layers 1 (blockchains).
RECENTLY SOL & a16z have funded the following project!
- Parallel (Gaming) - Funded by SOL
- Meso Network (Finance) - Funded by SOL
- SAROS (DeFi) - Funded by SOL
- MyPrize (Gaming) - Funded by a16z
- Espresso Systems (Infrastructure) - Funded by a16z
- MadWorld (Gaming) - Funded by a16z:
#SolanaUpdate #SolanaCommunity #a16z #CryptoInvesting2024 #InvestmentWisdom
Solana investments outlines a stronger allocation in NFTs and Gaming while a16z (Andreessen Horowitz) prefers to distribute its funds equally in blockchain services (decentralized protocols, scaling solutions etc.). However, a16z massively prioritize its funds on layers 1 (14.38%). It's current portfolio outlines L1 Projects like AVAX, NEAR, APT & SOL. That's an important insight because it shows how this venture capital firm strongly believe into the blockchain technology. From the other side, Solana ventures prioritize NFTs and Gaming most (15.79%). It's not a surprise that its portfolio includes GMT (Top Move To Earn NFT Game) and MPLX (NFT marketplace).
Solana aims to differentiate and funds new projects according to new "profit-trend" and thus it tends to be more dynamic in its allocation. Instead, a16z prefers to fund and hold those projects with the highest probability of survival for the long term; thus focusing on layers 1 (blockchains).
RECENTLY SOL & a16z have funded the following project!
- Parallel (Gaming) - Funded by SOL
- Meso Network (Finance) - Funded by SOL
- SAROS (DeFi) - Funded by SOL
- MyPrize (Gaming) - Funded by a16z
- Espresso Systems (Infrastructure) - Funded by a16z
- MadWorld (Gaming) - Funded by a16z:
#SolanaUpdate #SolanaCommunity #a16z #CryptoInvesting2024 #InvestmentWisdom
THIS $SOL UPDATE PUMPED ITS PRICE! 🚀 What, Why & How 🤔👇
Solana has finally decided to address its main problem that has significantly impacted its network in recent weeks. In fact, as I mentioned in my previous article, SOL's data showed up to 70% of transactions failures and as a consequence, an update occurred! In order to fix the network congestion, Solana has released the v1.17.31 update. This aims at reducing failed or delayed transactions. But how actually work? I'll try to simplify it as much as I can:
- It now optimizes the way data chunks are grouped together while reducing unnecessary memory usage
- A new filter has been added to improve the way transactions are processed
- It now adjusts the network settings to prioritize staked nodes
- It treats nodes with a very low staking as if they're not staked to improve network efficiency
Following this development, it looks like SOL's Price reacted positively but personally I would be still in alert according to the recent geopolitical news. Also, although this update, I still believe that Solana requires layers 2 solutions to handle more transactions simultaneously!
STAY TUNED! 💪
#solananews #SolanaUpdate #SolanaPrice #SolanaPriceSurge #SolanaCommunity
Solana has finally decided to address its main problem that has significantly impacted its network in recent weeks. In fact, as I mentioned in my previous article, SOL's data showed up to 70% of transactions failures and as a consequence, an update occurred! In order to fix the network congestion, Solana has released the v1.17.31 update. This aims at reducing failed or delayed transactions. But how actually work? I'll try to simplify it as much as I can:
- It now optimizes the way data chunks are grouped together while reducing unnecessary memory usage
- A new filter has been added to improve the way transactions are processed
- It now adjusts the network settings to prioritize staked nodes
- It treats nodes with a very low staking as if they're not staked to improve network efficiency
Following this development, it looks like SOL's Price reacted positively but personally I would be still in alert according to the recent geopolitical news. Also, although this update, I still believe that Solana requires layers 2 solutions to handle more transactions simultaneously!
STAY TUNED! 💪
#solananews #SolanaUpdate #SolanaPrice #SolanaPriceSurge #SolanaCommunity
