27 / 29 Relevant items tagged with #Sol

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Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

[Mar 6, 2023 8:30 AM] It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten…

FTX Debtors Report $8.9B Shortfall in Customer Funds and ‘Highly Commingled’ Assets in Latest Presentation

[Mar 3, 2023 4:30 PM] On March 2, 2023, FTX debtors released their second stakeholder presentation, which contains a preliminary analysis of the now-defunct cryptocurrency exchange’s shortfalls. The latest presentation reveals a significant shortfall, as…

Solana Could Target A 20% Hike If It Retests This Level

[Mar 3, 2023 10:30 AM] The Solana price continues to display bearish movement on the daily chart. Over the last 24 hours, the altcoin dipped close to 4%. In the past week, SOL depreciated 12%. But at the moment, Solana is trading near a crucial resistance level below…

Lido’s Liquid Staking Protocol Dominates with $9.3B in Locked Ethereum, Boosted by Tron Founder’s Deposits

[Mar 2, 2023 12:30 PM] During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance…

Vital Levels To Keep An Eye On As Solana Chart Trades Close Immediate Support

[Mar 2, 2023 6:30 AM] The Solana price witnessed considerable volatility over the past trading couple of sessions due to the general market decline. The Solana network underwent an outage the last weekend and the price was quick to retrace on its chart. Over the last 24…

Bitcoin Two-Month Rally Slows Down, What’s Next?

[Feb 27, 2023 7:00 AM] Over the past month, Bitcoin has seen a significant uptrend of about 40%, starting from the beginning of the year. As a result, BTC pulled a massive bullish trend carrying the rest of the crypto market along with it as other altcoins have also…

Breaking: Polygon blockchain reportedly suffers network outage

[Feb 22, 2023 4:29 PM] The blockchain has not produced any new blocks or processed transactions for at least an hour and 40 minutes, leading some to believe its currently suffering an outage.

Biggest Movers: LTC Snaps Losing Streak, SOL Moves 7% Lower

[Feb 22, 2023 10:35 AM] Litecoin snapped a four-day losing streak on Feb. 22, despite cryptocurrency markets mostly trading lower. The token rose for the first time since Saturday’s session, when prices were above $100.00. On the other hand, solana extended recent…

What’s Next For Solana As The Coin Witnesses Bearish Momentum?

[Feb 21, 2023 4:00 PM] The Solana price had managed to surge over 20% in just over a week, but at the moment, the price remains consolidated. With Bitcoin staying below the $25,000 belt, altcoins have been experiencing congested price action below their immediate price…

Here’s The Reason Behind Solana’s (SOL) 12% Jump

[Feb 20, 2023 11:00 AM] Solana (SOL) saw a sudden 12% jump coming out of the weekend which sent the digital asset’s price rocketing toward $30. This was obviously a welcome development for supporters of the cryptocurrency but what was behind this rapid surge in the price?…

Biggest Movers: SOL 11% Higher, BCH Hits Strongest Point Since July 

[Feb 20, 2023 10:30 AM] Solana rose by as much as 11% to start the week, as the token moved higher for a fourth consecutive session. Market sentiment has mostly been bullish in the past two weeks, leading to prices hitting a multi-month high on Monday. Bitcoin cash also…

SOL Price Prediction: Solana Jumps 12% As The Bulls Aim $30

[Feb 19, 2023 11:51 PM] Solana is surging above $25 against the US Dollar. SOL price could extend its rally above the $27 and $28 resistance levels in the near term. Sol price started a fresh increase above the $22 and $25 levels against the US Dollar. The price is now…

Biggest Movers: SOL Rebounds, TRX up for Fifth Straight Session

[Feb 14, 2023 10:30 AM] Solana was one of Tuesday’s notable movers, as the token rebounded from losses to start the week. The move comes despite U.S. inflation figures missing expectations. Consumer prices came in at 6.4%, higher than the 6.2% many had forecasted…

Biggest Movers: SOL, ADA Plunge, as Market Momentum Turns Bearish

[Feb 10, 2023 10:30 AM] Solana slipped to a three-week low on Feb.10, as momentum in cryptocurrency markets remained firmly bearish. At the time of writing this, the global market cap is trading 4.23% lower, with bears recapturing sentiment. Cardano was also on the…

DCG offloads Grayscale shares to raise capital: Report

[Feb 7, 2023 11:53 PM] The purported sales are the latest measures the embattled firm has taken following moves in recent months to raise capital and preserve liquidity.

Solana Can Depreciate Further If It Doesn’t Breach Its Immediate Target

[Feb 3, 2023 4:00 PM] Solana had significantly recovered from the lows it touched in November and December. Currently, the SOL price is stuck below the $26 mark, which has caused the altcoin to lose further value. Over the last 24 hours, Solana fell by 0.7%, which…

SOL Surges Nearly 7% As Team Preaches A Better Future For Solana

[Feb 2, 2023 8:00 AM] After Solana’s unfortunate connection with the FTX crash last year, sending SOL below $10, the crypto asset has been thriving to rebound with the team’s help. The Solana co-founders, in a blog post published earlier this week, commented…

Solana (SOL) Is The Biggest Opportunity This Cycle, Venture Capitalist Claims

[Jan 31, 2023 4:15 AM] Chris Burniske, a co-founder of Placeholder VC, a venture capital firm that invests in decentralized networks and Web3 services, laid out his bull case for Solana in a new episode of the Bankless Podcast. The analyst was one of the few…

What’s Next For Solana As Bulls Face Rejection At $25?

[Jan 30, 2023 6:00 PM] The Solana price has been trading extremely close to its immediate price ceiling of $25, and the coin has been struggling below the level above. SOL price moved smoothly from the $20 mark to $26, but the bulls got tired at $26, which caused the…

Why This Analyst Thinks Traders Should Not Be Bearish On Solana

[Jan 25, 2023 9:30 AM] For traders thinking Solana is controlled by the bears, a popular crypto market analyst, Chris Burniske, is giving a fresh perspective of hope for the major altcoin.    According to the former lead of Ark Invest’s crypto department, those who…

Money Leaves ADA, SOL To Small Cap Altcoins, Here’s Where It’s Headed

[Jan 24, 2023 11:00 AM] With the crypto market rally, altcoins have benefitted just as much as bitcoin. Digital assets across the space have been able to return to their pre-FTX collapse levels, signaling the start of a bull run. However, as the market begins to settle…

Solana (SOL) Network On Hyperdrive As TVL And NFT Trade Volume Soars

[Jan 24, 2023 9:38 AM] Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors…

Solana Keeps Positive Radiance But Bears Could Dampen The Mood At This Level

[Jan 21, 2023 6:40 PM] In recent times, the Solana price has witnessed a considerable upward push, which made the coin breach important resistance levels. Over the last 24 hours, SOL has rallied close to 20%, and in a week’s time, the altcoin has appreciated close…

Biggest Movers: SOL up 20%, ADA Hits Highest Point Since November

[Jan 21, 2023 8:30 AM] Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process. Cardano also rose to its strongest point since…

Solana (SOL) Outperforms Top Coins With 28% Gains On Weekly Chart

[Jan 20, 2023 2:00 PM] Solana (SOL) recovered from the slight pullback yesterday, even when the general crypto market cap dropped today. SOL which has been on an uptrend in the past week saw a 28.44% increase during this time. This increase might be due to combined…

Biggest Movers: SOL Rebounds From Recent Losses, ATOM 5% Higher on Friday

[Jan 20, 2023 11:00 AM] Cosmos raced higher for a second straight session, after recently snapping a four-day losing streak. Friday’s move saw the token move closer to a key resistance level of $12.50. Solana also moved higher earlier in the day, as price bounced…

FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings

[Jan 19, 2023 11:30 AM] Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital…

Solana Gleams 30% In Last 7 Days As SOL Bulls Try To Break $21 Barrier

[Jan 19, 2023 7:42 AM] Solana native token SOL has been on a tear since the start of the year. But the token might be on its way to test its support as it faces rejection.  Recent on-chain developments contributed to Solana’s climb. But with the rejection, can SOL regain…

2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

[Jan 17, 2023 9:00 AM] The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the…

Biggest Movers: SOL, SHIB Remain Near Multi-Month Highs, Despite Market Consolidation

[Jan 16, 2023 10:30 AM] Solana started the week trading near a two-month high, as momentum remained marginally bullish, despite market consolidation. The global cryptocurrency market cap is currently trading 0.98% higher as of writing. Shiba inu also traded close to…