Solana (SOL)

Solana (SOL): Investors Can Consider These Support Zones to Prevent Losses

Solana (SOL): Investors Can Consider These Support Zones to Prevent Losses

Solana's SOL is among the leading digital assets by market capitalization that witnessed massive losses this week. The escalated bearish condition pushed the alternative token out of the range that Solana navigated in nearly ten weeks. SOL has seen continued downtrends over the past six days, losing more than 25% amidst the timeframe. While publishing this post, the token changed hands at $36.25. That led to an ascending range exit. Remember, Solana has hovered within this area since mid-June. Solana's massive bearish action within the last day already pushed the token into the next foothold after leaving the ascending range.…
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Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis

Dogecoin (DOGE) Still Faces Rejection Beneath $0.1 – Price Analysis

Dogecoin's price reveals stagnations near the $0.08 level. The meme coin has hovered near $0.1 since the 11 May colossal fall. Dogecoin's 24hr trading volume declined by 32%. Dogecoin price exhibits bearish signals today, maintaining similar trends seen over the previous three days. The meme coin has stagnated near the $0.08 level. While publishing this content, Dogecoin traded at a day high at $0.08647, gaining 2.48% within the past 24 hours. Nevertheless, Dogecoin has failed to trigger sustained upswings since the 11 May massive crash. The current price action reveals stagnation conditions, and the meme coin might drop before uptrends.…
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Cryptos to Watch This Week: BTC, XRP, SOL

Cryptos to Watch This Week: BTC, XRP, SOL

Bitcoin's drop to $25.8K and the Terra ecosystem fallout triggered crashes in the marketplace as most tokens witnessed double-digit losses. Bitcoin price tried to regain levels beyond $30,000. The global crypto market capitalization hovers beneath $1.3 trillion. Some of the cryptos to watch this week are BTC, XRP, and SOL. The broad crypto marketplace witnessed bearish waves over the past week as Bitcoin lost near 30% within ten days to hit $25K, levels last seen in late 2020. The Bitcoin-driven plummets and fallouts in Terra's UST and LUNA saw the cumulative market cap crash to $1.28 trillion at this publication.…
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Can Okay Bears Overthrow BAYC in Emerging NFTs Battle?

Can Okay Bears Overthrow BAYC in Emerging NFTs Battle?

Ethereum-based non-fungible tokens have always dominated the NFT marketplace. Nevertheless, the previous days appeared to have dethroned the Ether-based NFTs. Surprisingly, Solana has facilitated that. Okay Bear, Solana-based NFT, sold out in its initial 24hrs of going live. While publishing this content, the NFT saw 147,161 trading volume, reflecting a 19.48% increase within the previous 24 hours. Okay Bears saw 510.1K in trading volume with 115 SOL floor price within three days after the NFT listed on OpenSea. While writing these lines, the NFT boasted 1,356 sales, as the day's trading volume stood at 6,259.09 Solana. This context would likely…
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Top Ethereum Killers to Consider in 2022

Top Ethereum Killers to Consider in 2022

Investors have heavily grilled the Ethereum network over the past couple of years. That is due to congestion, slow speeds, and high gas fees. As this competitive field sees constant innovation, users and developers look for blockchains that meet demand without hassle. This article highlights some leading blockchains that enthusiasts believe will overcome Ethereum's TVL with time. Solana (SOL) Solana tops our list. Backed by billionaire Sam Bankman-Fried, it is a decentralized network created to ensure user-friendly, scalable apps for the market, and Solana gained increased popularity. Solana attracted many developers looking for Ethereum alternatives due to high fees and…
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Solana (SOL) Tests $100 Support Following 10% Drop – 12 April Price Outlook

Solana (SOL) Tests $100 Support Following 10% Drop – 12 April Price Outlook

With Monday's massive sell-offs, SOL would need a move past $105 to escape another day in the red. Monday sessions had Solana losing 10.24%, ending the day near sub-$100. The broad-based cryptocurrency sell-off and declining SOL NFT transaction volumes triggered negative price moves in Solana. Technical indicators flash bearishness as Solana sits beneath the 200-day Exponential Moving Average. Solana lost 10.24% yesterday, adding to Sunday's 1.72% fall to end the day around the $99.65 mark. Broad market bearishness weighed on SOL as the alternative token ended the previous week with 18.91% losses. The alt has seen downtrends on six of…
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Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive

Bitcoin Drops $45K Following Hawkish Fed; Buying Activity Still Positive Bitcoin (BTC) plunged to $45K support on Wednesday morning. That's despite on-chain data showing positive buying activity. The crypto exhibits weakness, changing hands near $44,767.71 at this publication, reflecting a 4.21% 24-hour decline. BTC declines emerged amid a global crash following hawkish comments by the US Fed Reserve. Lael Brainard, Fed Governor, hinted at central bank balance sheet trimming in May as he stated that curbing inflation remained paramount. That triggered sell-offs within the market as traders worried a restrictive atmosphere might lead to economic downturns. The tech-heavy NASDAQ lost…
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Solana and KRAFTON to Boost Blockchain Gaming

Solana and KRAFTON to Boost Blockchain Gaming

The collaboration is to support blockchain gaming marketing and design. Also, Solana Labs and KRAFTON will collaborate on investment opportunities. KRAFTON will utilize capacity from PUBG: BATTLEGROUNDS to join the NFT and Web3 industry. KRAFTON has partnered with Solana Labs to support blockchain marketing and design. Remember, KRANFTON, Inc. launched the wildly recognized PUBG: BATTLEGROUNDS battle game. Why Solana (SOL/USD)? Solana is among the leading decentralized blockchains designed to ensure user-friendly and scalable applications globally. Moreover, it guarantees scaling without compromising security and composability, supporting developers' long-term activity. Furthermore, Solana ensures reliable performance, processing thousands of 'smart' contracts concurrently via…
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