Solanaš
2.5M views
828 Posts
Hot
Latest
See original
šØš® Solana's price reaches its peak in over two years: Is a new ATH for SOL on the horizon? š
Solana's rise to USD 222 places the price of SOL at 20% of its all-time high. SOL has outperformed the broader altcoin market, which experienced a 33% increase in the same six-day period ending October 11.
āļø Investor optimism regarding SOL is partly due to the expansion of Solana's smart contract activity, as evidenced by the total value locked (TVL).
The TVL on Solana increased to USD 7.6 billion on October 10, marking the highest level since December 2021. Key decentralized applications (DApps) such as Jito, Raydium, Drift, and Binance's liquid staking significantly contributed to a 36% growth in deposits.
The increase in Solana's activity is not limited to memecoin trading. There are some valid criticisms regarding Solana's heavy reliance on memecoins, including Dogwifhat (WIF), Bonk (BONK), and Popcat (POPCAT), all of which have surpassed the USD 1.5 billion market capitalization threshold.
Decentralized token launch platforms have been the main drivers of the increase in trading volumes on Solana's decentralized exchanges (DEX).
#Solanaā© #SOLš„š„š„š„ #SolanaMemeCoins #Solanaš #BTCš„š„š„š„š„
$SOL
$JTO
Solana's rise to USD 222 places the price of SOL at 20% of its all-time high. SOL has outperformed the broader altcoin market, which experienced a 33% increase in the same six-day period ending October 11.
āļø Investor optimism regarding SOL is partly due to the expansion of Solana's smart contract activity, as evidenced by the total value locked (TVL).
The TVL on Solana increased to USD 7.6 billion on October 10, marking the highest level since December 2021. Key decentralized applications (DApps) such as Jito, Raydium, Drift, and Binance's liquid staking significantly contributed to a 36% growth in deposits.
The increase in Solana's activity is not limited to memecoin trading. There are some valid criticisms regarding Solana's heavy reliance on memecoins, including Dogwifhat (WIF), Bonk (BONK), and Popcat (POPCAT), all of which have surpassed the USD 1.5 billion market capitalization threshold.
Decentralized token launch platforms have been the main drivers of the increase in trading volumes on Solana's decentralized exchanges (DEX).
#Solanaā© #SOLš„š„š„š„ #SolanaMemeCoins #Solanaš #BTCš„š„š„š„š„
$SOL
$JTO
Terisa Lago iAS1:
Altcoin
See original
š¤ÆšØ Solana surpasses 200 dollars and approaches annual highs šš
š® The cryptocurrency SOL skyrockets and returns to price levels not seen since April. Solana (SOL), the native cryptocurrency of its namesake network, has once again captured the market's attention by breaking the 200-dollar barrier.
Driven by expectations of a more favorable regulatory environment in the future, SOL has experienced a significant increase in its quote, positioning itself close to its annual highs.
With this surge, Solana is nearing its annual maximum of 209 dollars reached in April. However, SOL is still 22% away from its all-time high of 260 dollars, achieved in November 2021.
How long will this bullish season last??
#Solanaā© #Solanaš #SolanaMemeCoins #ATH #bullrun2024šš
$SOL
$JTO
$WIF
š® The cryptocurrency SOL skyrockets and returns to price levels not seen since April. Solana (SOL), the native cryptocurrency of its namesake network, has once again captured the market's attention by breaking the 200-dollar barrier.
Driven by expectations of a more favorable regulatory environment in the future, SOL has experienced a significant increase in its quote, positioning itself close to its annual highs.
With this surge, Solana is nearing its annual maximum of 209 dollars reached in April. However, SOL is still 22% away from its all-time high of 260 dollars, achieved in November 2021.
How long will this bullish season last??
#Solanaā© #Solanaš #SolanaMemeCoins #ATH #bullrun2024šš
$SOL
$JTO
$WIF
Joury:
Maybe
#BTCš„š„š„š„, #ETH, #Solanaš
I invest my money and get very small profit from future trade. i need to eat bid pie. anyone can Help me for more precision signal. Thanks.
I invest my money and get very small profit from future trade. i need to eat bid pie. anyone can Help me for more precision signal. Thanks.
Believe or Not
BTC Jump To $72K
ETH Jump To $4.2k
SOL Jump To 160$
BNB Jump To 600$
#BTC #ETH #BNBā¬ #Solanaš #TrendingTopic
BTC Jump To $72K
ETH Jump To $4.2k
SOL Jump To 160$
BNB Jump To 600$
#BTC #ETH #BNBā¬ #Solanaš #TrendingTopic
Solana Price Rally Leads Cryptocurrency Market Rebound
In the wake of a market upturn,Ā SolanaĀ (SOL) has emerged as a standout performer within theĀ cryptocurrencyĀ space, experiencing notable growth. Analysts are anticipating that this upward trajectory could set the stage for an extended bullish period, with possible price points exceeding the $200 mark. The current market momentum has seen Solanaās value soar, leading to speculation on its long-term growth potential on a leading smart contract platform.
Breakthrough Growth for Solana
The fifth-largest cryptocurrency by market capitalization, Solana has surpassed an $80 billion valuation and is on the cusp of breaching the $200 psychological barrier. This week alone, it has witnessed a 25% price increase. The trend, supported by weekly returns and momentum, aligns with expert projections of an impending bull run that could propel prices well above current levels.
Market charts reflect this optimism, with Solana potentially posting a third consecutive week of positive growth. The rise of over 1000% in the past 180 days positions Solana as a potential major comeback story in the crypto industry, energizing investors and analysts alike.
The Path to New Peaks
As the broader cryptocurrency market strengthens, withĀ BitcoinĀ reclaiming the $70,000 level, Solanaās upward trajectory is expected to persist into the following year, with price projections extending towards the $250 mark. The current trading price of SOL at $186, coupled with a daily increase of 2.35%, suggests a steady bullish trend.
With resistance levels anticipated to break, the Fibonacci analysis points to a strong possibility for Solanaās price to quickly escalate past the $200 threshold. Should the bullish momentum maintain its course, Solana could reach new heights, potentially setting records in market value and solidifying its position as a leading altcoin in the marketplace.
#Solanaš #sol #BTC #WIF #DOGE
In the wake of a market upturn,Ā SolanaĀ (SOL) has emerged as a standout performer within theĀ cryptocurrencyĀ space, experiencing notable growth. Analysts are anticipating that this upward trajectory could set the stage for an extended bullish period, with possible price points exceeding the $200 mark. The current market momentum has seen Solanaās value soar, leading to speculation on its long-term growth potential on a leading smart contract platform.
Breakthrough Growth for Solana
The fifth-largest cryptocurrency by market capitalization, Solana has surpassed an $80 billion valuation and is on the cusp of breaching the $200 psychological barrier. This week alone, it has witnessed a 25% price increase. The trend, supported by weekly returns and momentum, aligns with expert projections of an impending bull run that could propel prices well above current levels.
Market charts reflect this optimism, with Solana potentially posting a third consecutive week of positive growth. The rise of over 1000% in the past 180 days positions Solana as a potential major comeback story in the crypto industry, energizing investors and analysts alike.
The Path to New Peaks
As the broader cryptocurrency market strengthens, withĀ BitcoinĀ reclaiming the $70,000 level, Solanaās upward trajectory is expected to persist into the following year, with price projections extending towards the $250 mark. The current trading price of SOL at $186, coupled with a daily increase of 2.35%, suggests a steady bullish trend.
With resistance levels anticipated to break, the Fibonacci analysis points to a strong possibility for Solanaās price to quickly escalate past the $200 threshold. Should the bullish momentum maintain its course, Solana could reach new heights, potentially setting records in market value and solidifying its position as a leading altcoin in the marketplace.
#Solanaš #sol #BTC #WIF #DOGE
Despite Broad Crypto Downturn, #Solanaš Hits $200 Range and Overtakes $BNB
In contrast to the overall #cryptocurrency market, which has seen a modest downturn, Solana (SOL) has defied the trend with impressive gains. Over the past 24 hours, SOL has surged by 12.2%, and in the last week, it has seen a remarkable 43% increase against the U.S. dollar. Currently, SOL has surpassed the $200 mark per coin & is closing in on BNB's market capitalization.
SOL's Remarkable Growth
As the native cryptocurrency of the Solana layer one (L1) #Blockchain network, SOL has experienced significant value growth recently. Over the past month, SOL has surged by 85%, and over the past year, it has soared by over 850%.
At the time of writing, SOL is priced at $202 per coin, boasting a market capitalization of $90 billion. This positions it as the fourth largest cryptocurrency by market capitalization. Notably, SOL has overtaken BNB's market capitalization of $86 billion, reclaiming its former spot among the top ten cryptocurrency leaders. While SOL has climbed by 12%, BNB has seen a decline of 1.97% against the U.S. dollar.
On March 17, 2024, SOL also ranks fifth in terms of trading volume among all cryptocurrencies, with a total trade volume of $11.9 billion over the past day. Excluding stablecoins, SOL would hold the third-highest volume spot. Notably, SOL's strongest trading pair is with Tether (USDT), followed by the U.S. dollar, FDUSD, the Korean won, and bitcoin (BTC).
In the last 24 hours, the Korean won (KRW) represented 6.62% of SOL's trading volume, with SOL trading at a premium of $223 per unit in South Korea compared to its global average of $202. SOL trades accounted for 9% of Upbit's volume and 5.12% of Bithumb's volume.
While SOL's performance has been impressive, it has yet to reach its all-time high (ATH) of $259 per coin, requiring a 21% increase to revisit its peak price. This ATH was achieved over two years ago, on November 6, 2021, during a period when SOL was trading at its current value.
Source - news.bitcoin.com
#CryptoNewsšš°š« #BinanceSquareTalks
In contrast to the overall #cryptocurrency market, which has seen a modest downturn, Solana (SOL) has defied the trend with impressive gains. Over the past 24 hours, SOL has surged by 12.2%, and in the last week, it has seen a remarkable 43% increase against the U.S. dollar. Currently, SOL has surpassed the $200 mark per coin & is closing in on BNB's market capitalization.
SOL's Remarkable Growth
As the native cryptocurrency of the Solana layer one (L1) #Blockchain network, SOL has experienced significant value growth recently. Over the past month, SOL has surged by 85%, and over the past year, it has soared by over 850%.
At the time of writing, SOL is priced at $202 per coin, boasting a market capitalization of $90 billion. This positions it as the fourth largest cryptocurrency by market capitalization. Notably, SOL has overtaken BNB's market capitalization of $86 billion, reclaiming its former spot among the top ten cryptocurrency leaders. While SOL has climbed by 12%, BNB has seen a decline of 1.97% against the U.S. dollar.
On March 17, 2024, SOL also ranks fifth in terms of trading volume among all cryptocurrencies, with a total trade volume of $11.9 billion over the past day. Excluding stablecoins, SOL would hold the third-highest volume spot. Notably, SOL's strongest trading pair is with Tether (USDT), followed by the U.S. dollar, FDUSD, the Korean won, and bitcoin (BTC).
In the last 24 hours, the Korean won (KRW) represented 6.62% of SOL's trading volume, with SOL trading at a premium of $223 per unit in South Korea compared to its global average of $202. SOL trades accounted for 9% of Upbit's volume and 5.12% of Bithumb's volume.
While SOL's performance has been impressive, it has yet to reach its all-time high (ATH) of $259 per coin, requiring a 21% increase to revisit its peak price. This ATH was achieved over two years ago, on November 6, 2021, during a period when SOL was trading at its current value.
Source - news.bitcoin.com
#CryptoNewsšš°š« #BinanceSquareTalks
LIVE
CoinEdition
--
Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming?
Solana soars to $173.27, marking a 14% rise in 24 hours, hitting a 25-month high.
SOL sees a 51% increase in 30 days, with predictions pointing towards $250.
RSI hits 80.50, signaling potential overbuying amid its bullish surge.
Solana (SOL) price has surged by 14% in the last 24 hours, reaching $173.27 as bullish momentum continues to build in the cryptocurrency market. This impressive gain is part of a broader uptrend for SOL, which has seen its value increase significantly over the past month.Ā
The cryptocurrency industry, buoyed by Bitcoinās new all-time high, has been experiencing a substantial uptrend in valuation, with SOL showcasing robust bullish sentiment.
SOL/USD 24-hour price chart (source: CoinStats)
Bullish Sentiments in Solanaās Rally
The recent price surge places Solana at the forefront of a bullish wave sweeping across the crypto sector. Over the past seven days, the SOL token has registered approximately a 23% increase, while its 30-day performance shows an even more remarkable 51% uptick.Ā
This sustained buying pressure is a clear indicator of the growing investor confidence in Solanaās potential. Concurrently, this bullish momentum has been buoyed by the announcement of an Israeli Shekel-backed stablecoin, BILS, which will launch using token extensions on Solana.
This uptrend has resulted in Solana recording a new 25-month high, signaling strong bullish sentiment within the market. Analysts and traders have expressed bullish predictions for SOL, with some forecasting a potential rally toward the $250 mark. This sentiment is based on the transformation of the March 2022 resistance level of around $140 into a strong support zone.
$SOL now based and fuel up for leg to $250. https://t.co/nIpcbScR4j pic.twitter.com/IP1CidZfyw
ā Bob Loukas š½ (@BobLoukas) March 13, 2024
Furthermore, the SOL/ETH chart analysis indicates a promising scenario for Solana against Ethereum, with the potential for substantial outperformance. Christopher Inks, founder of TexasWest Capital, and macro expert Raoul Pal have both identified technical patterns suggesting a breakout and bullish momentum for SOL in comparison to ETH. These analyses contribute to the growing optimism surrounding Solanaās market position and potential for further appreciation.
SOL/USD Technical Analysis
On the SOLUSD 4-hour price chart, the Keltner Channel bands are rising, with the upper, middle, and lower bands at $167.90, $156.57, and $145.22, respectively. This suggests a strong upward trend in price movement, with probable resistance at the upper band and support in the middle band.Ā
SOL/USD 4-hour price chart (source: TradingView)Ā
However, following a sequence of green candlesticks, the price action has breached the upper band, indicating that the bullish trend may continue. However, because it is above the upper band, there is a chance of a retreat or consolidation before a further upward trend. This shift may provide a purchasing opportunity for traders trying to enter the market at a cheaper price point.
Furthermore, the Relative Strength Index (RSI) reading of 80.50 indicates that SOLUSD may be overbought in the immediate term, implying a market reversal or correction. As a result, traders should exercise caution and implement tight stop-loss orders to safeguard profits in the event of a reversal.
The post Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming? appeared first on Coin Edition.
SOL sees a 51% increase in 30 days, with predictions pointing towards $250.
RSI hits 80.50, signaling potential overbuying amid its bullish surge.
Solana (SOL) price has surged by 14% in the last 24 hours, reaching $173.27 as bullish momentum continues to build in the cryptocurrency market. This impressive gain is part of a broader uptrend for SOL, which has seen its value increase significantly over the past month.Ā
The cryptocurrency industry, buoyed by Bitcoinās new all-time high, has been experiencing a substantial uptrend in valuation, with SOL showcasing robust bullish sentiment.
SOL/USD 24-hour price chart (source: CoinStats)
Bullish Sentiments in Solanaās Rally
The recent price surge places Solana at the forefront of a bullish wave sweeping across the crypto sector. Over the past seven days, the SOL token has registered approximately a 23% increase, while its 30-day performance shows an even more remarkable 51% uptick.Ā
This sustained buying pressure is a clear indicator of the growing investor confidence in Solanaās potential. Concurrently, this bullish momentum has been buoyed by the announcement of an Israeli Shekel-backed stablecoin, BILS, which will launch using token extensions on Solana.
This uptrend has resulted in Solana recording a new 25-month high, signaling strong bullish sentiment within the market. Analysts and traders have expressed bullish predictions for SOL, with some forecasting a potential rally toward the $250 mark. This sentiment is based on the transformation of the March 2022 resistance level of around $140 into a strong support zone.
$SOL now based and fuel up for leg to $250. https://t.co/nIpcbScR4j pic.twitter.com/IP1CidZfyw
ā Bob Loukas š½ (@BobLoukas) March 13, 2024
Furthermore, the SOL/ETH chart analysis indicates a promising scenario for Solana against Ethereum, with the potential for substantial outperformance. Christopher Inks, founder of TexasWest Capital, and macro expert Raoul Pal have both identified technical patterns suggesting a breakout and bullish momentum for SOL in comparison to ETH. These analyses contribute to the growing optimism surrounding Solanaās market position and potential for further appreciation.
SOL/USD Technical Analysis
On the SOLUSD 4-hour price chart, the Keltner Channel bands are rising, with the upper, middle, and lower bands at $167.90, $156.57, and $145.22, respectively. This suggests a strong upward trend in price movement, with probable resistance at the upper band and support in the middle band.Ā
SOL/USD 4-hour price chart (source: TradingView)Ā
However, following a sequence of green candlesticks, the price action has breached the upper band, indicating that the bullish trend may continue. However, because it is above the upper band, there is a chance of a retreat or consolidation before a further upward trend. This shift may provide a purchasing opportunity for traders trying to enter the market at a cheaper price point.
Furthermore, the Relative Strength Index (RSI) reading of 80.50 indicates that SOLUSD may be overbought in the immediate term, implying a market reversal or correction. As a result, traders should exercise caution and implement tight stop-loss orders to safeguard profits in the event of a reversal.
The post Solana (SOL) Skyrockets to a 25-Month High; Is a Correction Looming? appeared first on Coin Edition.
See original
Peter Brandt: āSolana coin could surpass ether in valueā
Peter Brandt suggests that if SOL manages to break through this resistance level, the value of the coin could double compared to the second largest cryptocurrency:
āThere is a clear prospect of Solana doubling in value relative to Ether.ā
The trader believes that Ether is not capable of being a store of value and has operational problems, especially with regard to second-tier solutions, plus high commissions (gas fees).
Solana, known for its high throughput and low fees, is gaining more attention as an alternative to ETH's scalability issues, a trader says.
Earlier, Peter Brandt called Bitcoin a new standard for storing values, which can replace paper currencies and government bonds.
#Solanaā© #Etherrum #solanaāļø #Solanaš #ETH2024
$SOL $ETH
Peter Brandt suggests that if SOL manages to break through this resistance level, the value of the coin could double compared to the second largest cryptocurrency:
āThere is a clear prospect of Solana doubling in value relative to Ether.ā
The trader believes that Ether is not capable of being a store of value and has operational problems, especially with regard to second-tier solutions, plus high commissions (gas fees).
Solana, known for its high throughput and low fees, is gaining more attention as an alternative to ETH's scalability issues, a trader says.
Earlier, Peter Brandt called Bitcoin a new standard for storing values, which can replace paper currencies and government bonds.
#Solanaā© #Etherrum #solanaāļø #Solanaš #ETH2024
$SOL $ETH
CPI Data Today At 6:00 Pm (IST), High Volatility Aheadā ļø
šø My Opinion On Bitcoin :
š¢If CPI Below 3.1% = Bullishš
š”If CPI Above 3.1% = Bearishš
š“If CPI 3.1% = No Major MovešÆ
I'll Update You The Result Here Exactly At 6:00 Pm (IST), Just Follow And Stay Tuned!
ā ļøDisclaimer: This is not financial advise, its my observation and opinion.
#BTC #Solanaš #BNBā¬ #WLD
šø My Opinion On Bitcoin :
š¢If CPI Below 3.1% = Bullishš
š”If CPI Above 3.1% = Bearishš
š“If CPI 3.1% = No Major MovešÆ
I'll Update You The Result Here Exactly At 6:00 Pm (IST), Just Follow And Stay Tuned!
ā ļøDisclaimer: This is not financial advise, its my observation and opinion.
#BTC #Solanaš #BNBā¬ #WLD
š13/03/2024
šøšø "Confirmed Buy Signal" with "RPT0.1 Indicator"
ā³Day trading , 1 minute time frame
$SOL / USDT
āBasic Resistance Analytics for Target profit šÆ
Follow us for next catching āØāØ
#signal #BTC
#HotTrends #Solanaš #NEAR
šøšø "Confirmed Buy Signal" with "RPT0.1 Indicator"
ā³Day trading , 1 minute time frame
$SOL / USDT
āBasic Resistance Analytics for Target profit šÆ
Follow us for next catching āØāØ
#signal #BTC
#HotTrends #Solanaš #NEAR
wif wif wiffff Season!!!
Go ride to wiffff !!! $WIF
#HotTrends #TrendingTopic: #Write2Earnn #Solanaš
Go ride to wiffff !!! $WIF
#HotTrends #TrendingTopic: #Write2Earnn #Solanaš
$SOL / $USD - Update
Reclaiming $144 as we speak right now on the weekly. Keep it coming
#Solanaš #BTC.š. #sol
Reclaiming $144 as we speak right now on the weekly. Keep it coming
#Solanaš #BTC.š. #sol
$WAVES If you missed #NEAR/LONG you can also buy wave now. This coin in the last bull run was a giant. #Write2Erarn #btc.70.000ā
#Solanaš
What's your price prediction on the following coins for #2024December? ? ?
#BTC 1,00,000$
#ETH 10,000$
#BNBā¬ 1,000$
#TRXā 1$
#Solanaš 500$
Comment with your prediction.
#BTC 1,00,000$
#ETH 10,000$
#BNBā¬ 1,000$
#TRXā 1$
#Solanaš 500$
Comment with your prediction.
Despite Broad Crypto Downturn, #Solanaš Hits $200 Range and Overtakes BNB
#HotTrends #sol #BOME #BTCš„š„š„š„ $SOL
#HotTrends #sol #BOME #BTCš„š„š„š„ $SOL