Category Archives: Solana News

Solana Witnesses Strong Uptick in Stablecoin Supply The Solana blockchain network has experienced a notable increase in stablecoin supply, particularly contributed by Circle’s USDC. After a significant drop to $66 on Monday, December 11, the Solana (SOL) price has swiftly recovered by 10%, currently trading at $72. The recent rally is attributed to robust DeFi[Read more…]

Solana’s Ecosystem Resurgence Solana’s (SOL) ecosystem is experiencing a resurgence after navigating through various ups and downs over the past year. Much of this renewed interest in the ecosystem can be attributed to the flourishing NFT scene on the Solana network. A Surge in Solana NFTs! In the past two days, the number of unique[Read more…]

Solana (SOL) Experiences Significant Interaction Surge There was a notable increase in interaction on the Solana (SOL) network recently. This surge can be attributed to several factors, including the recent price increase, heightened NFT activity, and, most importantly, the Jito (JTO) airdrop. As a result, there was a substantial rise in the decentralized exchange (DEX)[Read more…]

Bonk’s Ascendancy Over Pepe Bonk, a Solana-based memecoin, has surged past its competitor Pepe, marking a significant shift in the memecoin landscape. The recent surge in Bonk’s value, a 370% increase over the last month, has propelled its market capitalization to a remarkable $714 million. This growth surpasses Pepe’s market cap, which currently stands at[Read more…]

Solana vs Ethereum: Can Solana Flip Ethereum in 2024? With Solana’s recent meteoric rise, low fees, and growing adoption, many market participants wonder if it could flip Ethereum in the upcoming bull market rally. SOL has massively outperformed this year, up 406%, while ETH is up 76%. Top analysts share their opinions on the matter,[Read more…]

Solana’s Impressive Growth Before Christmas Solana (SOL) and Galaxy Fox (GFOX) are making waves in the crypto world. Let’s first examine the recent performance of SOL and assess its potential bullish trajectory for the remainder of the year. Solana has experienced a remarkable rally, surging by 70% in the 30 days leading up to December[Read more…]

Solana’s Rally Potential A closely followed crypto trader, known as The Flow Horse, is optimistic about the future of the smart contract platform Solana (SOL). The pseudonymous analyst, with a following of 191,100 on the social media platform X, notes that Solana bulls continue to accumulate SOL regardless of its current price. Amidst heavy buying[Read more…]

Solana Emerges as a Formidable Threat to Ethereum Solana is positioning itself as a serious contender to Ethereum’s dominance in the NFT sector, aiming to outshine its competitor from various perspectives. Solana Surpasses Ethereum in NFT Sales Ethereum, having long held the throne in the NFT industry, faces a challenge from Solana as the latter[Read more…]

Solana Price Correction Overview Solana (SOL) recently surged towards $80 before encountering resistance from bears. Currently, the SOL price is undergoing a correction, but bulls may find support near the crucial $65 level. Technical Analysis The SOL price initiated a significant rally above the $65 resistance against the US Dollar. Presently, it is trading above[Read more…]

Solana and Metamask Overview Solana users often face the need to incorporate it into the Metamask wallet, and there are convenient methods to achieve this. Metamask, a leading crypto wallet running on Ethereum ERC-20 protocols, has inherent limitations in supporting certain cryptocurrencies, including Solana. Solana Overview Solana is a scalable decentralized network that facilitates the[Read more…]