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news-imageOctober 24, 2024

Solana Price Surges Amid The Bearish Cloud

The Solana price surge has grabbed attention amid the bearish cloud hovering over the crypto market this week. What is pushing SOL price up?
Publisher: CryptoTicker
Sentiment: Positive
SOL

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SOL outperforms BTC and ETH amid ongoing selling pressure across crypto market

The cryptocurrency market is facing sustained selling pressure, leading to a shift in overall sentiment towards a downtrend. However, Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is beating the trend as it gains attention from investors. Despite the bearish environment in the crypto market, SOL prices jumped 5% over the last 24 hours.

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Solana (SOL) Defies Crypto Market Trends, Eyes $190 Level

The ongoing selling pressure across the cryptocurrency market has shifted the overall sentiment toward a downtrend. In this, Solana (SOL), the world's fifth biggest cryptocurrency by market cap is gaining notable attention from crypto enthusiasts as it holds itself positive in terms of price changes in the past 24 hours.

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Solana Stays Strong Despite BTC Drop – $176 Next?

Solana (SOL) is holding strong above the $160 mark after the broader market experienced a healthy dip to previous demand levels. Despite the dip, Solana has shown resilience, though the past few hours have been marked by short-term volatility with rapid price fluctuations.

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Solana Reaches Record High Economic Activity

For the week ending on October 14th, the network reached its highest-ever level of real economic value activity, totaling a whopping $36.8 million. This is a big deal for the blockchain, showing that more people are using it for transactions than ever before.

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