Will Solana Break the $163 Barrier and Surge to $187?
Solana's critical support at $122 is essential for a potential bullish momentum. A break above $163 ...
Tag: Solana (SOL) News
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.
SOL Faces Resistance with Possible Decline To Prior Wedge
Rejections at the bull market support band indicate strong resistance for Solana. Falling back into its ...
Bitcoin Hits $59K, BNB Leads Top Crypto Gains in Green Zone
Bitcoin surge signals renewed investor confidence, leading the market's upward shift. Despite BTC’s slight dominance drop, ...
Solana’s Volume Drop vs. Dogecoin’s RSI Surge: What’s Next?
SOL struggles at $130 support, and a drop could test lower levels at $128 and $126. ...
Solana Whale Loses $5.5M in $19.5M Transaction; SOL Dips
Whale’s $19.5M SOL move and $5.5M loss highlight increased volatility in Solana. Solana shows key support ...
SOL Price Drops Below $140 as Support Comes Under Pressure
Solana breaks below $140, signaling further bearish momentum and potential downside. Key support levels fail as ...
Crypto Dip: Bitcoin Below $59K, Ethereum, Solana Down 8%
Bitcoin, Ethereum, and Solana face declines as market cap drops to $2.17 trillion. Market cap drops ...
Bitcoin Faces Pressure as Open Interest Drops, Altcoins Rise
Bitcoin's open interest drops 7.5% in 24 hours as traders shift focus to altcoins. Ethereum and ...
Bitcoin Soars Above $64,000 as Market Gains Bullish Momentum
Bitcoin surges past $64,000, leading to a strong bullish trend in the crypto market. Solana and ...
Crypto Market Recovers as BTC Holds Steady: Altcoins Surge
Bitcoin holds strong above $60K, showing resilience as the crypto market recovers. Several top cryptos, including ...
McDonald’s Instagram Compromised to Promote Fake Meme Coin Grimace
McDonald’s Instagram was hacked to promote a scam meme coin after its famous mascot. The Solana-based ...
Bitcoin Drops Below $60K as Market Faces Broad Decline
Bitcoin drops below $60K, sparking a significant downturn in the crypto market as top-10 cryptos trade ...
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