SolanaStruggles
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đ« Top Solana projects by revenue generated in the last 30 days.
#bitcoinhalving #SolanaStruggles #solanmeme #SolanaRevival
#bitcoinhalving #SolanaStruggles #solanmeme #SolanaRevival
FTXâs bankruptcy estate has sold locked Solana tokens worth about $1.6b at $64 per token to firms including Galaxy Trading and Pantera Capital
@CryptoMudi
$SOL #BullorBear #Memecoins #SolanaStruggles
@CryptoMudi
$SOL #BullorBear #Memecoins #SolanaStruggles
đ Solana Price Analysis: Evaluating $164 Support Amid Downtrend
As SOL faces a persistent downtrend, buyers are grappling to reverse the momentum, while sellers exploit the market sentiment. In the past week, SOL endured a notable decline, sparking discussions on the viability of the upcoming support level.
đŻ Key Levels to Observe:
- Support: $164
- Resistance: $206
đ» Impact of Sellers:
Despite two unsuccessful attempts to breach the critical resistance at $206, SOL encountered a 10% drop in valuation. Sellers now aim to challenge the pivotal support at $164, intending to push the price lower.
đ Pressure on Support:
Preserving SOL above the pivotal $164 support is vital to avoiding further descent. A breach could indicate additional downside potential, potentially steering Solana towards $130.
đ Bearish Indicators:
The recent bearish cross on the 3-day MACD indicator exacerbates bearish sentiment. This suggests a shift towards bearish momentum, potentially signaling the conclusion of Solana's upward trend, particularly if the $164 support level is breached.
đ Current Sentiment: Bearish
đ Short-term Projection:
Solana's price trajectory is at a critical juncture, with evident signs of seller dominance. A successful breach of the $164 support level may lead to further downturns, validating the bearish outlook.
In summary, maintaining vigilance is imperative as Solana navigates this challenging phase. Traders should meticulously monitor price fluctuations around the $164 support level to ascertain SOL's potential direction in the immediate future. #SolanaStruggles na #Priceanalysis is đđŒ$SOL $ETH $BTC #BullorBear
As SOL faces a persistent downtrend, buyers are grappling to reverse the momentum, while sellers exploit the market sentiment. In the past week, SOL endured a notable decline, sparking discussions on the viability of the upcoming support level.
đŻ Key Levels to Observe:
- Support: $164
- Resistance: $206
đ» Impact of Sellers:
Despite two unsuccessful attempts to breach the critical resistance at $206, SOL encountered a 10% drop in valuation. Sellers now aim to challenge the pivotal support at $164, intending to push the price lower.
đ Pressure on Support:
Preserving SOL above the pivotal $164 support is vital to avoiding further descent. A breach could indicate additional downside potential, potentially steering Solana towards $130.
đ Bearish Indicators:
The recent bearish cross on the 3-day MACD indicator exacerbates bearish sentiment. This suggests a shift towards bearish momentum, potentially signaling the conclusion of Solana's upward trend, particularly if the $164 support level is breached.
đ Current Sentiment: Bearish
đ Short-term Projection:
Solana's price trajectory is at a critical juncture, with evident signs of seller dominance. A successful breach of the $164 support level may lead to further downturns, validating the bearish outlook.
In summary, maintaining vigilance is imperative as Solana navigates this challenging phase. Traders should meticulously monitor price fluctuations around the $164 support level to ascertain SOL's potential direction in the immediate future. #SolanaStruggles na #Priceanalysis is đđŒ$SOL $ETH $BTC #BullorBear
đđđ đđđ
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HIGH RISK TRADE FOR SOL!!!
From a technical perspective, an analysis of the 1-hour timeframe reveals a liquidity hunt followed by a subsequent break in market structure. Additionally, during the 15-minute retracement, another break in market structure occurred, serving as a confirmation signal and validating a potential buy signal.
However, it is important to note that the demand zone is quite huge. For low-risk traders, it may be advisable to initiate trades only after the price has retraced at least 50% of the demand zone. This strategy could provide a more secure entry point, aligning with a conservative trading approach.
#bitcoinhalving  #BullorBear  #Solanaâ  #SolanaStruggles
HIGH RISK TRADE FOR SOL!!!
From a technical perspective, an analysis of the 1-hour timeframe reveals a liquidity hunt followed by a subsequent break in market structure. Additionally, during the 15-minute retracement, another break in market structure occurred, serving as a confirmation signal and validating a potential buy signal.
However, it is important to note that the demand zone is quite huge. For low-risk traders, it may be advisable to initiate trades only after the price has retraced at least 50% of the demand zone. This strategy could provide a more secure entry point, aligning with a conservative trading approach.
#bitcoinhalving  #BullorBear  #Solanaâ  #SolanaStruggles
đ„đš **Co-founder Speaks Out: Solana Faces an "Existential Moment"** đšđ„
In a recent revelation, the Solana network finds itself at a critical juncture, grappling with unprecedented congestion that has led to a staggering increase in transaction failures. As of April 4, over three-quarters of "non-voting" transactions on Solana have faltered, marking a distressing escalation in network challenges.
The surge in transaction failures correlates with a notable uptick in network activity, fueled primarily by the frenetic demand for memecoins. This surge has propelled Solana's transaction volume and user count to stratospheric heights, underscoring the strain on the network's infrastructure.
The Solana community finds itself immersed in fervent discourse, with users voicing their frustration over the influx of failed transactions and the ensuing decline in user experience. This palpable discontent reverberates across social media platforms, reflecting the urgent need for remedial action to alleviate congestion and restore seamless transaction functionality.
As Solana confronts this existential moment, it must swiftly implement effective measures to address network congestion and enhance user satisfaction. Failure to do so risks eroding confidence in the platform and jeopardizing its long-term viability in the fiercely competitive landscape of decentralized networks.
Amidst the challenges, the Solana community remains resilient, rallying behind the network in anticipation of strategic interventions that will fortify its resilience and propel it towards a future of sustained growth and innovation. đȘđ #SolanaStruggles #NetworkCongestionCrisis đđ§
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In a recent revelation, the Solana network finds itself at a critical juncture, grappling with unprecedented congestion that has led to a staggering increase in transaction failures. As of April 4, over three-quarters of "non-voting" transactions on Solana have faltered, marking a distressing escalation in network challenges.
The surge in transaction failures correlates with a notable uptick in network activity, fueled primarily by the frenetic demand for memecoins. This surge has propelled Solana's transaction volume and user count to stratospheric heights, underscoring the strain on the network's infrastructure.
The Solana community finds itself immersed in fervent discourse, with users voicing their frustration over the influx of failed transactions and the ensuing decline in user experience. This palpable discontent reverberates across social media platforms, reflecting the urgent need for remedial action to alleviate congestion and restore seamless transaction functionality.
As Solana confronts this existential moment, it must swiftly implement effective measures to address network congestion and enhance user satisfaction. Failure to do so risks eroding confidence in the platform and jeopardizing its long-term viability in the fiercely competitive landscape of decentralized networks.
Amidst the challenges, the Solana community remains resilient, rallying behind the network in anticipation of strategic interventions that will fortify its resilience and propel it towards a future of sustained growth and innovation. đȘđ #SolanaStruggles #NetworkCongestionCrisis đđ§
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$BTC $SOL
â ïžCaution These are the three Solana ecosystem tokens you should avoid purchasing in April
â ïž đ„đ„In its DeFi ecosystem, Solana ($SOL ) is experiencing tense times due to network problems, congestion bugs, transaction failures, and rug pulls.
In light of this, Finbold has decided to steer clear of three Solana tokens this month due to uncertainty.
It's noteworthy how, in 2024, the Solana ecosystem has come into its own amid expansion and heightened consumer interest. SOL, the native token of the network, rose up the market cap rankings and is currently ranked among the top five most valuable cryptocurrencies.
Nevertheless, as meme coins and rug pulls began to rule the cryptocurrency market, investors became overly greedy. After this unsustainable change, traders of cryptocurrencies began reporting significant losses with tokens that quickly erased gains.
Avert the most popular meme tokens in Solana, dogwifhat (WIF) and BONK.
During the recent meme coin frenzy, Dogwifhat (WIF) led the market in terms of price performance, volume, and total interest. Furthermore, traders preferred the Solana ecosystem over other options when it came to speculating with these tokens, which broadened the appeal of WIF.
Memes like dogwifhat are now to be avoided because of the market's turn and traders' attempts to hold onto their gains.
It's interesting to note that WIF has two important supports below its current token price of $3.28. Initially, at approximately $2.0, where psychological factors also come into play, and then at $0.30.
This results in a massive liquidity gap between the nearest support ($2) and the lowest one ($0.30), which could lead to losses of 85%.đ„
#WIFđ„đ„ #BONK #SolanaStruggles
â ïžCaution These are the three Solana ecosystem tokens you should avoid purchasing in April
â ïž đ„đ„In its DeFi ecosystem, Solana ($SOL ) is experiencing tense times due to network problems, congestion bugs, transaction failures, and rug pulls.
In light of this, Finbold has decided to steer clear of three Solana tokens this month due to uncertainty.
It's noteworthy how, in 2024, the Solana ecosystem has come into its own amid expansion and heightened consumer interest. SOL, the native token of the network, rose up the market cap rankings and is currently ranked among the top five most valuable cryptocurrencies.
Nevertheless, as meme coins and rug pulls began to rule the cryptocurrency market, investors became overly greedy. After this unsustainable change, traders of cryptocurrencies began reporting significant losses with tokens that quickly erased gains.
Avert the most popular meme tokens in Solana, dogwifhat (WIF) and BONK.
During the recent meme coin frenzy, Dogwifhat (WIF) led the market in terms of price performance, volume, and total interest. Furthermore, traders preferred the Solana ecosystem over other options when it came to speculating with these tokens, which broadened the appeal of WIF.
Memes like dogwifhat are now to be avoided because of the market's turn and traders' attempts to hold onto their gains.
It's interesting to note that WIF has two important supports below its current token price of $3.28. Initially, at approximately $2.0, where psychological factors also come into play, and then at $0.30.
This results in a massive liquidity gap between the nearest support ($2) and the lowest one ($0.30), which could lead to losses of 85%.đ„
#WIFđ„đ„ #BONK #SolanaStruggles
Rising Above: Solana Journey to $600 Predicted Despite Challenges
Despite network hurdles, Solana ($SOL ) is forecasted to hit $600 according to a crypto expert. With a remarkable 639% surge over the last year and consistent outperformance of its token sale price, SOL's bullish trajectory remains strong. Despite challenges like high inflation rate and market cap hurdles, optimism persists fueled by SOL's impressive transaction volume and code contributions to scaling solutions.
#BullorBear #BinanceLaunchpool #SolanaStruggles #bitcoinhalving #SolanaRevival
#BullorBear #BinanceLaunchpool #SolanaStruggles #bitcoinhalving #SolanaRevival
All TPs hit.
300% ROI.
Check the signal I posted. And it wasn't like groups who tell you exactly 2 mins before. I told you 30 mins before. remember that.
#SolanaStruggles #Solanaâ
300% ROI.
Check the signal I posted. And it wasn't like groups who tell you exactly 2 mins before. I told you 30 mins before. remember that.
#SolanaStruggles #Solanaâ
Hi expert's.!
Need your expertise,
I'm new here . I want to invest in #Solanaâ coin. Tell me when I can buy ? Now #Solanaâ is around 140 .
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#SolanaStruggles
Need your expertise,
I'm new here . I want to invest in #Solanaâ coin. Tell me when I can buy ? Now #Solanaâ is around 140 .
#sol
#Solanaâ
#SolanaStruggles
#SolanaStruggles
The devnet glitch added another chapter to Solanaâs ill-famed network disruptions.
Solanaâs devnet has successfully restarted and resumed normal operations, according to the latest update from the Solana Foundation.
The development environment went down in the wee hours of 19 April. Solana developers fixed the issue and the devnet was scheduled to restart at 6 PM UTC. However, an error encountered during the restart extended the downtime. The devnet finally went live at 6 AM UTC on 20 April.
AMBCrypto verified the announcement with the help of Solana Explorer. Indeed, transactions can now be seen getting confirmed on the devnet.
Solana gets disrupted again
Note that the issue didnât impact operations on the Solana mainnet or even the testnet. That being said, it added another chapter to Solanaâs ill-famed network disruptions. Especially since Solanaâs mainnet went down for nearly five hours in early February.
Additionally, the network has been grappling with congestion challenges lately due to high volumes of memecoin trading. Rex St.John, senior developer at Solana-focused devshop Anza, announced version v1.18 meant to address these issues. It is now already on the devnet, and would be eventually rolled out on the mainnet.
Sentiment for SOL remains bearish
Meanwhile, at the time of writing, SOL was down by 1.8% over the last 24 hours, according to CoinMarketCap, FUD over persistent network glitches could have contributed to the same, especially since Bitcoinâs halving has permeated much optimism across the market.
The altcoinâs social volume i.e, amount of mentions on top crypto-focused social media channels rose marginally on 19 April too, as per AMBCryptoâs analysis of Santiment data. That being said, most of the commentary was negative, with the same evidenced by the negative weighted sentiment indicator.
$SOL #BullorBear #Solanaâ #SolanaStruggles #solana
The devnet glitch added another chapter to Solanaâs ill-famed network disruptions.
Solanaâs devnet has successfully restarted and resumed normal operations, according to the latest update from the Solana Foundation.
The development environment went down in the wee hours of 19 April. Solana developers fixed the issue and the devnet was scheduled to restart at 6 PM UTC. However, an error encountered during the restart extended the downtime. The devnet finally went live at 6 AM UTC on 20 April.
AMBCrypto verified the announcement with the help of Solana Explorer. Indeed, transactions can now be seen getting confirmed on the devnet.
Solana gets disrupted again
Note that the issue didnât impact operations on the Solana mainnet or even the testnet. That being said, it added another chapter to Solanaâs ill-famed network disruptions. Especially since Solanaâs mainnet went down for nearly five hours in early February.
Additionally, the network has been grappling with congestion challenges lately due to high volumes of memecoin trading. Rex St.John, senior developer at Solana-focused devshop Anza, announced version v1.18 meant to address these issues. It is now already on the devnet, and would be eventually rolled out on the mainnet.
Sentiment for SOL remains bearish
Meanwhile, at the time of writing, SOL was down by 1.8% over the last 24 hours, according to CoinMarketCap, FUD over persistent network glitches could have contributed to the same, especially since Bitcoinâs halving has permeated much optimism across the market.
The altcoinâs social volume i.e, amount of mentions on top crypto-focused social media channels rose marginally on 19 April too, as per AMBCryptoâs analysis of Santiment data. That being said, most of the commentary was negative, with the same evidenced by the negative weighted sentiment indicator.
$SOL #BullorBear #Solanaâ #SolanaStruggles #solana
Israel-Iran War Fears Suddenly Spark $500 Billion Bitcoin And Crypto Price CrashâHitting Ethereum, BNB, XRP, Solana And Dogecoin
Bitcoin BTCÂ has fallen sharply after Israel's military said Iran had fired "dozens" of drones toward it in a retaliatory attack.
The bitcoin price has dropped toward $60,000 per bitcoin, down from over $70,000 per bitcoin earlier this week, after the Iranian Revolutionary Guard said it launched âdozens of drones and missilesâ at Israeli territory.
The bitcoin price crash dragged down the wider crypto market, hitting top ten coins ethereum, BNBBNB, XRPXRP , solana and dogecoin and wiping $500 billion from the combined crypto market.
#toptranding #bitcoinhalving #BinanceLaunchpool #SolanaStruggles #ETHđ„đ„đ„ $BTC $ETH $BNB
Bitcoin BTCÂ has fallen sharply after Israel's military said Iran had fired "dozens" of drones toward it in a retaliatory attack.
The bitcoin price has dropped toward $60,000 per bitcoin, down from over $70,000 per bitcoin earlier this week, after the Iranian Revolutionary Guard said it launched âdozens of drones and missilesâ at Israeli territory.
The bitcoin price crash dragged down the wider crypto market, hitting top ten coins ethereum, BNBBNB, XRPXRP , solana and dogecoin and wiping $500 billion from the combined crypto market.
#toptranding #bitcoinhalving #BinanceLaunchpool #SolanaStruggles #ETHđ„đ„đ„ $BTC $ETH $BNB
