Solana’s Bullish Breakout: Key Support Levels to Watch as ETF Hype Grows
Solana's chart shows strong bullish momentum, with key support at $129 and resistance at $220. Franklin ...
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.
Major Whale Move: $41.4M in $SOL Withdrawn from Binance—What’s Next for Solana?
Two whales have withdrawn $41.4M worth of $SOL from Binance, signaling potential shifts in market dynamics. ...
Solana’s Bullish Pennant: Here’s Why $153 to $160 Support is Critical
Solana's bullish pennant indicates potential for further gains if it holds above $153 support. Resistance at ...
Solana and Ethereum Set for Major Price Breakthroughs: What’s Next?
Solana's breakout suggests potential gains ahead, with key resistance at $210 and an all-time high at ...
Will Solana Raise or Fall? The Mixed Signals of Charts
Solana's TD Sequential indicates reversal on daily, four-hour, and hourly charts. Analyst highlights the bullish inverse ...
Crypto Market Sees Positive Trends as Bitcoin Surges Above $66K
Bitcoin surges above $66K, leading the market with a 3.96% gain and boosting overall sentiment. Alephium ...
Solana Surges 33% Since July 4th: FOMO Could Drive SOL to $200 Soon
Solana (SOL) surged 33% since July 4th, fueled by market skepticism, showcasing strong growth potential. Santiment ...
Solana’s TVL Hits $5.074 Billion Growing 21.07% Over the Week
SOL’s TVL surged 21.07% to $5.074B, becoming the third-largest network. Solana hosts 150 protocols and 1.13M ...
Solana Traders Watch for Breakout as Bullish Pennant Pattern Signals Uptrend
Solana's 1D chart shows a bullish pennant, signaling a potential breakout. The token’s 1W chart targets ...
Altcoins Outperform Bitcoin and Ethereum in July Led by Solana and Meme Coins
The Solana ecosystem grew 19%, led by ANDY, POPCAT, and WIF, showing strong developer activity. AI ...
Here’s Why Solana’s Breakout Above $164 Could Target $174: Key Levels to Watch
Solana's breakout above $164 could see a 9.08% gain, targeting $174 and signaling strong bullish momentum. ...
Bitcoin Dips Below $65K, XRP, DOGE, SOL Plummet as Fear & Greed Index Hits 61
Despite Bitcoin's dip, some altcoins like GAL and ULTIMA showed substantial gains today. XRP, DOGE, and ...
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