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news-imageOctober 14, 2024

Ethena to Use Solana As Reserves for USDe, ENA Price Shoots 17%

In the latest development, the Ethena community introduced a new proposal that seeks to use Ethereum's Layer-1 competitor Solana as a reserve asset for its synthetic dollar USDe. This development has sent the Ethena (ENA) price soaring by another 17% today to $0.39 thereby taking its market cap above $1.06 billion.
Publisher: Coingape
Sentiment: Positive
ENA
SOL

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Positive
cover-imageCoingape
October 13, 2024

5 Reasons Why Solana Price Could Hit $180 By October End

The first two weeks of October remained neutral for most major altcoins following the geopolitical tension in the Middle East. Amid this consolidation, the Solana price managed to stabilize above $135 and the 200-day Exponential moving average for a bullish reversal.

Neutral
cover-imageThe Currency Analytics
October 13, 2024

Solana's Downward Trend May Be Pausing: Key Support Level in Focus

Solana (SOL) has faced a challenging month, marked by fluctuating prices and a general sense of uncertainty among traders. While the token has seen a slight gain of 3.43% overall, recent trading sessions indicate a more pronounced struggle, with SOL experiencing a modest weekly gain of only 0.45% and a daily decline of 2.43%.

Negative
cover-imageThe Currency Analytics
October 12, 2024

XRP and Solana Struggle Amid Bearish Sentiment: Is a Recovery Possible

The cryptocurrency market grapples with a downturn, two prominent players, XRP and Solana, are feeling the brunt of increasing negative sentiment among investors. Recent data from Santiment, a market intelligence platform, reveals that both assets are experiencing significant bearish narratives, raising questions about their potential for recovery.

Positive
cover-imageNewsBTC
October 12, 2024

Solana Prepares For A 20% Rally – Can SOL Reclaim $176?

Solana is currently trading above the $140 mark, showing signs of strength as it prepares for a potential move to higher levels. After a modest 5% pump on Friday, investors and analysts are increasingly optimistic about the direction Solana could take in the coming months.

Positive
cover-imageCoinPedia
October 11, 2024

Jim Cramer's Bold Call: Will Solana Skyrocket?

The overall cryptocurrency market is experiencing an impressive recovery, amid this former hedge fund manager and host of CNBC's Mad Money, Jim Cramer made a big call. He recently predicted that Kamala Harris would win the upcoming presidential election and added, “I don't see how Trump wins.

Positive
cover-imageCoingape
October 11, 2024

Top Expert Predict Timeline for Solana to Surge 2x to 5x

Solana is primed for a breakout by having a narrow consolidation range, said market analyst Edward. Powered by such factors, the token price might witness a 2x to 5x growth by the end of 2025 Industry experts claimed that due to organic growth and one of the top positions in the DeFi ecosystem, the value

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