Solana (SOL)

Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin (BTC) Rejected Near $40K: Weekend Price Analysis

Bitcoin still failed to reclaim $40K, struggling around the $39K mark. Most alts remain somewhat calm today. Bitcoin tried to challenge $40K after losing $6K within a few days but failed to climb high. That had assets in the altcoin market stalling since yesterday, recording slight movements. However, Monero decoupled from broad market actions, registering a substantial price increase. BTC Struggles beneath $40K Indeed, the leading crypto struggled within the previous several days. The crypto recovered losses amid the Russia-Ukraine conflict recorded new monthly peaks. The upward moves had BTC touching $45K. However, bears emerged and pushed Bitcoin south again.…
Read More
Ripple (XRP) Flips Solana and Cardano, Eyeing Top-5 Entry

Ripple (XRP) Flips Solana and Cardano, Eyeing Top-5 Entry

Ripple (XRP) has been among the top daily gainers. That comes amid bullishness that had the global crypto market cap surging past $2 trillion once more. XRP changes hands around $0.90 following a 20% upsurge within the past 24 hours, its market cap standing at $42.9 billion. The latest upward move had the remittance crypto flipping Solana and Cardano, preparing for a massive uptick to enter the sought-after top-5 crypto pack. Santiment, a data provider, reports that Ripple's latest price climb came as the project recorded growth in daily active wallets. It stated that XRP gained 37% over the past…
Read More
Axie Infinity (AXS) Gains 17% as Bitcoin Steadies above $41K

Axie Infinity (AXS) Gains 17% as Bitcoin Steadies above $41K

Most assets in the cryptocurrency market calmed following a positive and volatile Saturday. Bitcoin stands beyond $41,000. Bitcoin kept its momentum to stay beyond the $41,000 level. The impressive leg up came after Bitcoin struggled beneath $40K for several weeks. Meanwhile, altcoins appear to stall following yesterday's significant gains. Axie Infinity (AXS) is one of the exceptions, with its double-digit upward move. Bitcoin Maintains beyond $41,000 As highlighted earlier, the world's largest crypto struggled around the $37K level and plunged beneath the mark on a few occasions. However, bulls tried to push BTC northward, taking it to value levels of…
Read More
Solana (SOL) Drops 15% amid Congestion News, Losing 40% in One Week

Solana (SOL) Drops 15% amid Congestion News, Losing 40% in One Week

Solana has witnessed freefall due to the market slump. Frequent outages had some market players losing trust in the token. SOL dropped to the 8th rank as its overall market cap stood below $45 billion. Solana's governance token SOL/USD saw another 15% drop today. That had the alternative coin plunging beneath $90 as its weekly losses amounted to 49%. That comes as the SOL blockchain experiences massive network congestion problems. Meanwhile, SOL has seen a free fall as the global market slumped. For now, the alt stays about 60% lower from its 2021 November ATH (CoinGape report). Two Days of…
Read More
Solana, EOS, Dogecoin Price Analysis – January 20

Solana, EOS, Dogecoin Price Analysis – January 20

Solana and Dogecoin had their short-term technical indicators flashing bearish preferences as the weekly plummets had the crypto market cap dropping billions. However, EOS and DOGE seemed to keep bullish hopes despite downtrends. Solana (SOL) The January 5 market dip saw Solana breaking out on the four-hour chart. Meanwhile, the over 20% decline until the 15-week low on January 10 had SOL forming a climbing wedge that led to reversal from the closest supply region. However, the 20 Simple Moving Average remained a massive nearest hurdle for bulls after SOL broke down from the climbing wedge. While publishing this content,…
Read More
Solflare Is About To Launch The World’s First Solana Smartphone Wallet

Solflare Is About To Launch The World’s First Solana Smartphone Wallet

A new measure will be offered for both iOS and Android-based smartphones in the near future. It will serve as a gateway to Solana's section of the DeFi and NFT sectors for users of varying degrees of skill. SolFlare is now available on mobile devices. Per a press statement issued by the SolFlare crew, the company's mobile application is now accessible on the digital platforms of the App Store and Google Play, respectively. "IT'S FINALLY HERE! - Solflare Mobile is NOW AVAILABLE!" The iOS app is now available with complete support for $SOL staking, SPL token transfers, NFTs, and other…
Read More
Gavin Wood Criticizes Solana Following Blockchain Downtime 

Gavin Wood Criticizes Solana Following Blockchain Downtime 

Gavin Wood, founder of Web3 Foundation which created Polkadot (DOT) and Kusama (KSM) has stated his opinion on the recent event that occurred on the Solana blockchain. The blockchain had suffered transaction overload on Tuesday leading to the forking of the network. In a Wednesday tweet, Gavin Wood highlighted the solutions to such problems to prevent similar occurrences in the future. Solana was projected as a scaling solution for the rigidity of Ethereum blockchain which caused fees to skyrocket during periods of extreme traffic. However, it does seem like Solana has solved the challenge of high gas costs on Ethereum…
Read More
Chainlink, Solana Price Analysis – 3 September

Chainlink, Solana Price Analysis – 3 September

Solana exploded to another ATH near $136; market players believe that the alt will extend its upside movements. Chainlink hits beyond $30 as it strengthens its mission to head towards $40. Thursday saw Bitcoin bulls stepping up to take the leading crypto to the price levels beyond $50K. However, the uptrend was short-lived since BTC retraced, almost to test the $48,000 support. On the other side, ETH stalled before climbing to $4,000, but it did not lose its entire upside momentum. The leading altcoin has chances to trade beyond this psychological zone over the weekend. Meanwhile, the rest of the…
Read More
No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.