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news-imageDecember 14, 2024

Crypto Investors HODLing Solana in Anticipation of Higher SOL Prices, According to Analytics Firm

New data from market analytics firm Glassnode reveals that traders are keeping their Solana (SOL) stacks amid expectations that its price will continue to rise.
Publisher: The Daily Hodl
Sentiment: Positive
SOL

More News Articles

Positive
cover-imageCoingape
December 15, 2024

Analyst Confirms Next ATH For Solana Price

Solana price, a Layer 1 blockchain, has showcased remarkable growth in the cryptocurrency market, surging notably since November's start. This bullish momentum aligns with a wider market recovery, signaling potential for further gains.

Negative
cover-imageUToday
December 15, 2024

Here's Why Solana (SOL) Performed So Poorly: Top Analyst Explains

Over the past month, Solana has underperformed noticeably with prices declining and exhibiting notable hesitancy at important resistance levels. Renowned cryptocurrency analyst Chris Burniske claims that the main cause of this poor performance is the build-up to a token unlock event that is set for March 1, 2025.

Positive
cover-imageBitcoin
December 15, 2024

Ether and Solana Grow in Brazilian Markets

According to data issued by the national tax enforcer, the adoption of solana and ether is growing in Brazilian markets. Ether's utilization increased significantly, having registered 950,000 transactions moving over $165 million – a relevant increase compared to last year's October numbers, when it scored 600,000 transactions and transferred nearly $40 million.

Positive
cover-imageCoinPedia
December 14, 2024

Solana to $500? VanEck's Bold Price Prediction for SOL

Amid the ongoing consolidation in the cryptocurrency landscape, asset management giant VanEck has made a bold prediction for Solana (SOL). This forecast has captured widespread attention from the global crypto community, particularly as it comes during a period when SOL has been struggling consistently.

Positive
cover-imageBenzinga
December 13, 2024

Bitcoin To $180,000, Ethereum Over $6,000, Solana To $500: VanEck's 2025 Crypto Predictions

U.S. asset manager VanEck has published its predictions for cryptocurrency prices in 2025, anticipating further bullish price action next year. Prediction #1: New Highs For The Crypto Bull Market VanEck expects the crypto market to reach a medium-term peak in the first quarter of 2025, with Bitcoin (CRYPTO: BTC) potentially hitting $180,000 and Ethereum (CRYPTO: ETH) exceeding $6,000.

Positive
cover-imageBitcoin
December 13, 2024

Solana Overtakes Ethereum as the Chain With Most New Developers in 2024

A recent report by Electric Capital found that Solana became the ecosystem that attracted the most new developers in 2024, overtaking Ethereum. The report calculated that 7,525 developers joined the Solana ecosystem this year, while Ethereum registered 6,456 during the same period. Solana grew its developer base by 83% year-over-year, while Ethereum lost 22%.

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