Solana Holds $120 Support, Signals Bullish Rebound Potential
Solana (SOL) has emerged as one of the best-performing cryptos over the past 12 months. Despite some bearish dominance since
Solana, often referred to as the “Ethereum killer,” shares significant similarities with Ethereum. The Solana Foundation was founded in 2018 and later launched Solana, an open-source project.
The Solana blockchain uses a proof-of-history consensus mechanism, unlike earlier blockchains. Solana blockchain’s native token is Solana (SOL). Notably, Solana uses “a mixture of time-tested cryptographic strategies and fresh innovations to address the shortcomings of crypto’s first-wave solution,” as quoted by CEX.IO COO Konstantin Anissimov. With its unique combination of proof of history and delegated proof-of-stake algorithms, Solana is aimed at solving Ethereum’s scalability issues.
Solana offers faster transaction speeds than its closest competitors, Ethereum and Cardano. Compared to Ethereum’s 15 transactions per second, Solana can process about 2,600 transactions per second. Thus, Solana is identified to be one of the fastest blockchain platforms. To know what’s happening in the Solana ecosystem, read from CryptoTale.
Solana (SOL) has emerged as one of the best-performing cryptos over the past 12 months. Despite some bearish dominance since
Solana (SOL) is at a critical juncture, with its price action indicating the possibility of a significant reversal. The cryptocurrency
Solana (SOL) has struggled to maintain momentum, facing rejection at its bull market support band. Expert analyst Benjamin Cowen shared
Bitcoin climbed above the $59,000 mark on Tuesday, according to a recent market overview shared by the analytical platform CryptoRank.
The cryptocurrency market has been witnessing significant shifts, with Solana (SOL) and Dogecoin (DOGE) showing notable price movements. According to
A notable whale recently shifted significant amounts of Solana (SOL), revealing key insights into market behavior and price trends. As
The Solana (SOL) price has recently experienced a sharp decline, with the breakdown confirmed by technical patterns observed in recent
The cryptocurrency market is currently experiencing a challenging period, with Bitcoin trading below the $59,000 mark and significant declines among
Bitcoin’s open interest has seen a significant drop following a mild price retrace. According to a recent post by Santiment,
The cryptocurrency market is witnessing a positive surge today, with major coins trading in the green zone. Leading the pack
Renowned analytical platform CryptoRank has revealed that Bitcoin remains steady above the $61,000 mark, showing resilience in a market that
In an unexpected turn of events, McDonald’s Instagram account was hacked on Wednesday to promote a fraudulent cryptocurrency scheme. The
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