42% increase in Solana $SOL Total Value Locked (TVL)

Solana's decentralized exchanges, Raydium and Orca, saw a huge surge in trading volume, leading to a 42% increase in SOL's Total Value Locked (TVL) and a significant price jump to $67.69 on November 15. Data from DeFiLlama shows a 54% increase in Solana's DEX trading volume, surpassing $3.01 billion, driving SOL's TVL up to $584.56 million by November 20. This surge attracted attention, with Cathie Wood praising Solana's efficiency in a CNBC interview, boosting SOL's price by 20%. Despite hitting $67.69, SOL fell to $55 on November 17 and now stands at $60.66. However, it retains over 5% of its recent gains. Technical analysis suggests a potential support level at $58 despite the price drop. Overall, despite fluctuations, Solana's increased trading activity and positive investor sentiment indicate continued interest and potential stability. $SOL #SOLSurge #SOLPriceAnalysis

Top Performing Solana Ecosystem Coins

Bonk and Orca were the only two tokens that outperformed Solana from October 14 to November 19, 2023. During this period, Solana increased by 167.7% from $21.83 to $58.44.
Bonk outperformed all the other Solana ecosystem coins, increasing by 1514.3% from $0.00000018 to 0.00000286. It achieved returns 8.68 times higher than Orca, the second-highest gainer in the Solana ecosystem.$SOL

#SolanaPredictions #SOLSurge #SolanaInsights

$JTO listing and airdrop has really fuelled $SOL price. As said in the previous post $SOL is facing resistance at $73-$75 area.

#JTO #BTC #ORDI #SOLSurge #ETH

🚨$47M stolen from Vietnamese blockchain platform by hackers🌐

🔒 The Heist at KyberSwap

KyberSwap, a key player in the blockchain arena, announced a devastating security breach with $47 million in cryptocurrencies stolen. This significant loss underscores the vulnerabilities in digital asset platforms. What are the implications for blockchain security and investor trust? 🤔💡

🔎 Analyzing the Hack

The hackers targeted KyberSwap's liquidity pools, draining multiple cryptocurrencies, including Ethereum and Polygon. This led to a dramatic drop in user assets and affected the KNC token price. How can platforms strengthen their defenses against such sophisticated attacks? 🛡️📊

🌍 Kyber Network's Global Influence

Since its inception in 2017, Kyber Network has made significant strides on the global stage, with KyberSwap ranking 25th in the cryptocurrency market. Despite past incidents, the platform continues to evolve. What can the crypto community learn from KyberSwap's experience? 🌟📚

📈 Stay Updated with The Blockopedia

For the latest news and in-depth analysis in the world of cryptocurrency, including vital security updates from platforms like KyberSwap, follow The Blockopedia. We offer comprehensive coverage to keep you informed and secure in your crypto investments. ➡️

#SolanaPredictions #SOLSurge #crypto #cryptocurrency #crypto2023

Solana (SOL) Price Prediction For The Weekend, Can SOL Hit $70?

Solana has experienced notable growth in the DeFi, NFT, and Web3 markets since its inception in April 2019. Numerous projects are currently being developed on the Solana network, with more expected to emerge soon.

According to information provided on Solana’s official website, the company’s main value proposition is offering low-cost transactions indefinitely. As a blockchain network, it competes directly with other platforms, such as Ethereum. With the whole cryptocurrency market trading in the red, here is our price prediction for Solana for this weekend.

SOL price prediction for this weekend

Various factors, such as market conditions, price action, developments, supply, and use cases, will determine whether Solana’s SOL can shoot up in price this weekend.

Based on SOL’s behavior at the start of 2023, cryptocurrency experts at Changelly offer their price prediction of Solana for this weekend. For this timeframe, SOL’s minimum price is anticipated to be $57.07. The maximum price is expected to reach $69.16. In addition, experts expect that SOL will trade at an average price of $63.34. Changelly experts predict that the Solana price is unlikely to hit $70 in December.

Technical analysis by Cryptonary shows that SOL has lost its main uptrend. The analysis highlighted that if Solana is unable to hold at $59, it could likely drop to $56 and even $52.

According to the latest CoinMarketCap data, Solana is trading at $63.79, with a 6.6% surge in value over the last 24 hours.
#SOLSurge #dyor

Attention🚨🚨

We might see a massive correction from Solana if bullish sentiment failed to show up soon, the price can go down to about 38 dollars. On the other hand, if we have a positive news in the market we might see Solana above 100 dollars.

#SOLPriceAnalysis #SOLSurge #SolarBankingSolution

Top Cryptos to Watch This Week: JTO, SOL, AVAX

As the crypto market continues to climb, three coins are poised for potential growth this week: Jito (JTO), Solana (SOL), and Avalanche (AVAX). Here's what you need to know about each:

Jito (JTO):

JTO has seen significant price movement and development updates, making it a compelling option for investors and traders.

Its recent partnerships and integrations within the decentralized finance (DeFi) space have bolstered its potential.

Technical analysis suggests a possible upward trend, with JTO currently trading above key support levels.

Solana (SOL):

Despite a recent price correction, SOL remains above key moving averages, suggesting bullish momentum in the short and long term.

The network's continued growth and development, particularly in the decentralized application (dApp) space, bodes well for its future.

Its fast transaction speeds and low transaction fees make it an attractive alternative to Ethereum.

Avalanche (AVAX):

AVAX has shown strong performance this week, contributing significantly to the overall market surge.

Its unique consensus mechanism and scalability solutions make it a promising platform for DeFi and other applications.

The launch of its Subnet feature, allowing for the creation of customized blockchains, opens up exciting possibilities for developers.

Overall, JTO, SOL, and AVAX offer investors and traders several potential opportunities this week. Their recent developments, technical analysis, and overall market sentiment suggest they could be worth watching closely.

Here are some additional points to consider:

Market sentiment: The overall crypto market is currently experiencing a positive trend, which could further boost the performance of these three coins.

News and updates: Stay informed about any upcoming news or announcements related to these projects, as they can have a significant impact on their price.

Technical analysis: While not foolproof, technical analysis can provide valuable insights into the potential price movements of these coins.

#JTO
#AVAX
#SOLSurge

Holy Woof! Dogwifhat Pumps 2,000X in a Month: Is This the Next Solana Meme Coin Craze?

Remember BONK? The Shiba Inu-inspired Solana token that skyrocketed in November, leaving investors barking with glee? Well, move over, BONK, because Dogwifhat (WIF) has entered the chat, and it's come bearing a 2,000X price increase in just one month. Yes, you read that right. Two. Thousand. Times.

Dogwifhat, a meme coin featuring a pixelated dog sporting a jaunty hat, launched in November and has been on a tear ever since. While its initial price was a mere fraction of a cent, it's now trading at around $0.03, boasting a market cap of over $135 million. This meteoric rise has the crypto community buzzing with questions: is Dogwifhat the next big thing on Solana, or just another passing fad?

What's Driving the Hype?

Several factors are fueling Dogwifhat's rally:

The Solana Meme Coin Craze: Solana has become a hotbed for meme coins, with BONK's success paving the way for others. Dogwifhat, with its catchy name and playful mascot, tapped into this existing hype.

Community Engagement: The Dogwifhat community is highly active and vocal, spreading the word on social media and driving up engagement. This organic hype can be a powerful force in the meme coin world.

Fear of Missing Out (FOMO): With Dogwifhat's price skyrocketing, some investors are jumping in simply to avoid missing out on potential gains, further fueling the upward spiral.

But Wait, There's a Catch:

As with any meme coin, investing in Dogwifhat comes with significant risks. Here are some things to keep in mind:

Volatility: Meme coins are notoriously volatile, meaning their prices can fluctuate wildly. Dogwifhat's recent gains could be just as quickly wiped out.

Lack of Utility: Unlike some other crypto projects, Dogwifhat currently has no real-world use case. Its value is purely driven by speculation and hype.

So, Should You Invest?

That's a decision you need to make for yourself. Dogwifhat's recent performance is undeniable, but remember, it's a high-risk, high-reward game. DYOR.

#BONK
#WIF
#SOLSurge

#BTC #ethupdates #SOLSurge #bnbwin #XRPWatch
If history repeats itself, what would you do if your portfolio was up 135% in 10 months?

Solana🔥🤑

(SOL) has impressed many of its investors with its price growth thus far this year and the protocol just broke new history as the total daily transaction count soared to its highest level.

Solana Bucks Daily Transaction Trend
According to data from crypto data intelligence platform, Artemis, Solana soared to its highest daily transaction count of 51.63 million for the year. This impressive historic transaction milestone came as a significant deviation from the general trend as this specific metric has only flirted around the 20 million benchmark since at least late August.

Based on different fundamental news emanating from the Solana protocol, buyers have attempted to push this transaction threshold beyond the 20 million mark. One of these attempts was recorded on September 13 when Solana (SOL) recorded about 18.58 million total daily transactions.

An emphatic run was recorded on October 23 when total daily transactions jumped to 19.93 million. While these transactions are not comparable to the new high recorded, they far outshine those of competing protocols like Ethereum (ETH), Polygon (MATIC), Aptos (APT), and Near Protocol.

On November 23 when Solana’s daily transaction count hit 21.1 million, Ethereum’s transaction count according to Artemis came in at 1.12 million while that of Polygon was pegged at 7.87 million. Other competing chains like Aptos and NEAR saw their transaction count touch 302.83K and 1.77 million respectively.

Solana Price Reaction
By a very large margin, Solana (SOL) is one of the best-performing altcoins in the market today as the broader crypto world is experiencing deep consolidations across the board. At the time of writing, the coin has soared by 2.93% to $59.28 bringing the weekly surge to 1.53%.

The massive transaction count recorded has contributed to the 6% boost in SOL’s trading volume bringing the value traded to $1,215,394,579, the fifth largest of all cryptocurrencies.
#SolanaPriceSurge #SOLSurge

$SOL Chart Analysis:

#Solana📈🚀🌐 above $43 resistance zone it's a bullish priority📈..

#SOLSurge #SOLUSD #CryptoMarketPredictions

The Solana (SOL) network experienced an 8% surge in the supply of stablecoins in the past week, according to DeFiLlama data.
#SolanaInsights #SOLSurge #SolanaPriceSurge #cryptocurreny #CryptoNews🔒📰🚫

Solana: Yearly Highs & 42% TVL Growth Spark FOMO Frenzy

Solana (SOL) has witnessed a notable upswing. It reached an annual peak of approximately $67, marking its highest value since May 2022. Despite recent fluctuations in the market, this surge has triggered a substantial Fear of Missing Out (FOMO) effect. It is driving a positive sentiment to levels not witnessed since November of the preceding year, as indicated by Santiment’s data.

While the upward momentum of Solana has captured the interest of numerous investors, analysts, including Twitter user Ali, are sounding cautionary notes. They express concerns that the FOMO surrounding SOL may not necessarily indicate a bullish trend. Some argue that investors may be entering the Solana ecosystem without conducting thorough due diligence. It could potentially expose them to unforeseen risks and financial losses.

Decentralized Exchanges and Surge in Trading Volume

Decentralized exchanges (DEXes) within the Solana ecosystem have experienced a notable surge in trading volume over the past week. Notably, the trade volume has exceeded $3 billion, with leading DEXes Orca and Raydium witnessing an impressive 70% growth. According to data from DeFiLlama, the trading volume of decentralized exchanges on the token has surged by 54% in the past week, reaching an all-time high of $3 billion.

Solana’s Total Value Locked (TVL) has registered a significant uptick of 42%. This is since the start of November, escalating from $409.68 million to $584.56 million. This growth is evident in data provided by DeFiLlama, a DeFi intelligence tracker. The surge in TVL underscores the increasing confidence and engagement within the Solana ecosystem.

While Solana’s recent surge in price and trading activity positions it as a formidable player in the cryptocurrency market, caution is paramount. Analysts’ warnings regarding potentially irrational FOMO-driven investments underscore the importance of careful consideration before entering the Solana ecosystem.
#SOLSurge #dyor

Solana: ChatGPT Predicts SOL to Rise 700% and Hit $500

Solana (SOL) has emerged as one of the best-performing cryptos in 2023. Since January, the token has risen by over 500%, more than triple Bitcoin’s (BTC) 124% growth in the same time frame. SOL’s growth this year is especially commendable, given that it was one of the worst-affected projects due to the collapse of FTX in November 2022.

However, this might not be the end of SOL’s incredible run. According to OpenAi’s AI (Artificial Intelligence) chatbot, ChatGPT, the token might rise 700% in 2024. According to the chatbot, SOL could hit a price of $500 as early as next year.

What will push Solana’s price in 2024?

According to ChatGPT, bullish market trends and widespread adoption of Solana’s blockchain technology will push its price in 2024. Moreover, reaching $500 would mean over 90% growth from SOL’s all-time high of $259, which it attained in November 2021.

Additionally, investment firm VanEck has predicted a bullish outlook for SOL in the long run. The firm anticipates the crypto to surge by 7600% by the end of this decade. Meanwhile, VanEck expects Ethereum (ETH) to reach a price of $11,800, a growth of about 475% from current levels.

Additionally, analysts and experts expect another bull run for the crypto market in early 2024. Bitcoin (BTC) will undergo its next halving cycle in April 2024, which is considered bullish for the market. Moreover, industry experts anticipate that the SEC (Securities and Exchange Commission) will approve a spot BTC ETF (Exchange Traded Fund) in 2024. Both developments could usher in another bull run, like that of late-2021. BTC and other major cryptos, such as Solana (SOL), Ethereum (ETH), etc., might hit new all-time highs.
#SOLSurge #hodl

Triumphant Trio: $SOL , OKB, and $LINK Lead the Recovery One Year Post-FTX Crash”

Hey Binance community, it’s Linkan here with a fascinating update! 🚀 A year after the FTX crash, which wiped nearly $300 billion off the market cap, we’ve witnessed a remarkable recovery led by some unexpected heroes.

🌟 Solana ($SOL ): The Phoenix Rises

Solana, initially plummeting over 50% to $8 post-crash, has made a jaw-dropping comeback with over 660% gains! This resurgence, fueled by an upbeat sentiment in the crypto market and easing concerns about FTX’s influence, showcases SOL’s resilience and investor confidence .

💹 OKB: Outperforming Amidst Chaos

OKX’s token OKB, less impacted by the FTX fiasco, has seen a 275% profit for those who invested at its lowest. This remarkable rise highlights OKB’s stability and potential, even as it capitalized on its rival’s misfortune .

🔗 Chainlink (LINK): Defying the Odds

Chainlink, despite a 40% fall post-FTX, bounced back with an impressive 180% profit. Factors like the launch of a new proof-of-reserve product and growing adoption among professional investors have contributed to LINK’s strong recovery .

Hashtags:

1. #CryptoResilience
2. #SOLSurge
3. #FTXCase
4. #LINKRecovery
5. #BinanceSquareInsights

This remarkable turnaround story is a testament to the dynamic and ever-evolving nature of the crypto market. What are your thoughts on these top performers? Drop your insights in the comments below!

(SOLANA PRICE PREDICTION BELOW)

Was telling my friends to always have some unused usdt aside when the dips happen, you could get solana for 9 dollars or smth this year after all the problems that happened, the hacks the outages, the amount of solana tokens in ftx..

Then why did solana hit mark price 62.65 today? testing week previous higs? Because altough solana can be considered big cap shit coin that gained most of its popularity and buyins last bull run, it has a following of many people, a cult you cuould say but not in that traditional sense :)

So yeah you will make money on solana still, from this entry if you just hold, and there is 8% apy on 120 days on binance

In my opinion if

btc 70k sol 125-250
btc 100k sol 250-350
btc 130k sol 400-600 (700 can happen 2026)

Big popularity > more buy ins > price rising > more buy ins > correction > more buy ins > network upgrades > more buy ins > retail investors > more buy ins > FOMO > more buy ins

(Also you can store off cex [binance] on solana mainnet, mkre secure)

if you have any questions or want me to do analysis, hit me me up guys,

been in this space since 2017, and fully since 2019, always glad to help newcommers and veterans alike, gl and stay secure.

#SolanaDeFi #SOLPriceAnalysis #SOLSurge #gains #safetyfirst

XRP vs Solana SOL: Who Will End 2023 on Top in Market Cap?

Ripple XRP and Solana SOL are two of the top surging cryptocurrencies on the current market. As 2023 comes to a close, the market has become bullish, and investors are curious whether XRP or Solana will lead the pack.

At press time, Solana’s SOL token is trading at $76.55, while Ripple’s XRP sits at $0.625, according to Coinmarketcap. In price, XRP sits far, far behind SOL, but Ripple XRP is ahead of Solana in market cap by $3 billion. SOL is creeping up in market cap, however, and that gap may close more as 2023 comes to an end.

Will Solana SOL or Ripple XRP Have a Higher Market Cap

In the last 24 hours, Solana has led the pack in a surge, registering double-digit growth and rising 10%. It now sits fifth on the list of crypto market caps behind XRP.

Analyzing the daily chart for SOL, its Chaikin Money Flow (CMF) registered a promising uptick, increasing the chances of a continued rise. However, its price had touched the upper limit of the Bollinger bands, while its MACD displayed a bearish crossover. Solana’s Relative Strength Index (RSI) also saw a downtick. Therefore, the token’s price may see restrictions making it difficult to surge any further.

On the other hand, XRP’s Price Volatility per day plummeted in the last few days. Its network activity also sank, meaning that fewer new addresses were created to transfer the token. Ripple’s native token took a backseat to the recent surge to SOL, showing that a flip between the two coins on the market cap rankings is possible.

If SOL manages to sustain its bull rally, the possibility of it taking over XRP is likely, as their difference in market cap is only $3 billion.
#XRPUpdate #SOLSurge