HighlightsSolana is range-bound between the moving averagesSOL/USD has a target price of $251 Solana (SOL) Current StatisticsThe current price: $218.68Market Capitalization: $111,437,601,610Trading Volume: $3,064,439,944Major supply zones: $280, $300, $320Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis November 22, 2021 Solana’s (SOL) price is above the 50-day line but below the 21-day line moving […]
Solana is in an uptrend, targets $320 highSOL/USD retraces on the downside, may find support above $244 Solana (SOL) Current StatisticsThe current price: $246.81Market Capitalization: $125,052,674,773Trading Volume: $2,967,592,151Major supply zones: $280, $300, $320Major demand zones: $160, $140, $120 Solana (SOL) Price Analysis November 9, 2021 Solana’s (SOL) price has been in an upward move. On […]
Solana (SOL) has recorded a new all-time high in total locked value (TVL) on its DeFi protocols. This record move comes amid a dramatic bullish wave across the cryptocurrency industry. According to a new report from DeFi Llama, the TVL on Solana’s DeFi protocol peaked at $12.7 billion earlier yesterday. This figure has since dropped […]
Solana (SOL) sent the cryptocurrency community into panic mode following its network outage in September, which sparked debates about centralized systems vs. decentralized systems and PoW networks vs. PoS systems. That said, Solana presented a preliminary investigation report into the outage titled ‘9-14 Network Outage Initial Overview’ on September 20. A Report On the network […]
Solana (SOL) could see a decent boost in the coming days as Grayscale Investments reorganizes its digital assets investment funds to create room for SOL and Uniswap (UNI). This development comes after the firm’s recent announcement on its “quarterly rebalancing of funds” for the Grayscale Digital Large Cap Fund and its DeFi Fund. That said, […]
Solana (SOL) recorded a meteoric rise this year, mainly because of the NFT boom recorded in recent months. However, new developments show that an increase in USDC (USD Coin) circulating the network also plays a role in the price boom. Recent data from the Solana explorer showed that the current account of circulating supply of […]
Solana (SOL) is, without a doubt, one of the top performers in the crypto industry this year. After clearing record highs after record highs, SOL has overthrown Dogecoin to become the seventh-largest cryptocurrency. Touted as one of the fastest-growing blockchain platforms currently, Solana has become a stronghold name and preferred platform for many top DeFi […]
Solana (SOL) continues to clear new record highs despite the mild market-wide bearish sentiment. Analysts suggest that several fundamental factors are behind the recent boom in SOL. One of such factors is the unveiling of the ‘Ignition’ event scheduled to take place later today till October 8. Given the buzz around it, this event could […]
