SOL price is painting a near-perfect cup-and-handle pattern with a price target of around $4,500.
Solana (SOL) has been on a tear, recording a 12% price surge in the past week. The altcoin currently trades at $170.16, just below the crucial $171 resistance level.
SOL, LINK, ADA, UNI, and ETH have gained the most from the larger-cap alts.
Solana's price has seen an impressive rise in recent weeks, gaining over 15% in the past month. Could SOL price reach the $180 level by the end of October 2024?
The Bitcoin price has held its value above the $69,000 level. Following this, Ethereum and Solana tokens have once again gained traction. With this, the conquest of these ecosystems gaining dominance has once again intensified.
Solana price has seen a significant surge recently, surpassing $170 for the first time since early August, sparking widespread bullish sentiment among investors. As the month of “Uptober” approaches its end, traders are speculating how high SOL can rise in the coming days.
Current price action and on-chain metrics suggest SOL is poised for a significant upside rally.
The cryptocurrency market has seen substantial upward momentum, with a 1.79% gain in overall market cap to $2.38 trillion. In addition, 24-hour trading volumes have risen by 65.13%, indicating higher trader activity. The Fear & Greed Index is at 63, showing an increasing sense of market greed as Bitcoin's dominance grows to 57.2%.
After consolidating above the crucial support level of around $120 since April, Solana (SOL), a tier-one blockchain network, has signaled an imminent rally to a new all-time high (ATH) in the near term. The large-cap altcoin, with a fully diluted valuation of about $99 billion and a daily average traded volume of around $3.
In a bold statement that has caught the attention of the crypto community, a top trader has revealed that he is prepared to swap his Solana holdings for Avalanche if a key signal appears on the AVAX chart. With both Solana (SOL) and Avalanche (AVAX) being two of the most popular layer-1 blockchain platforms, this
Solana (SOL) rises over 16.50% in October, outperforming Bitcoin and Ethereum, fueled by bullish catalysts like Grayscale's ETF conversion and a booming developer ecosystem. However, a correction may follow its overbought RSI.
The broader cryptocurrency market has displayed a strong show over the weekend with the Bitcoin (BTC) price rallying close to $70,000 and altcoins taking the charge in a fresh surge. With 3.72% gains in the last 24 hours, Ethereum (ETH) leads the alt space shooting all the way to $2,750 levels.
The cryptocurrency market is buzzing with excitement as Solana (SOL) has recently confirmed a breakout, trading above the significant psychological level of $150. With Bitcoin making waves by retesting the $69,000 mark during early Asian trading hours, Solana has been riding this bullish wave, capturing the interest of investors.
With a 20% rise in profitability, Shiba Inu is emerging as a possible recovery, which may portend a bullish run for the asset. The data indicates that 55% of SHIB holders are now profitable, which is an increase from earlier levels.
Bitcoin's bullish weekend price action could be a sneak peek of what's to come this week. Will ETH, SOL, DOGE, and SHIB follow?
Here's why the memecoin craze could add onto Solana's value.
As investors grow weary of volatile price swings in established cryptocurrencies like Cardano (ADA) and Solana (SOL), Lunex Network is rapidly gaining traction as a promising alternative.
The rates of most of the coins keep rising, according to CoinStats.
Investors should remain cautious, as robust buying momentum is essential to breach key resistance levels.
With so many Solana meme coins out there, it's tough to know which ones might skyrocket. In this article, we'll reveal the 3 best Solana meme coins.
Solana is consolidating at $154 after an impressive 6% surge over the past week.
Solana's price surged, with strong social dominance driving its momentum this week.
Solana, the layer-1 cryptocurrency, has been trading sideways for over 7-months. This prolonged consolidation during the typically bullish fourth quarter signals potential weakness among SOL buyers and raises concerns about a possible renewed correction.
Solana (SOL) has been experiencing significant volatility and choppy price action since Monday, testing a crucial supply level that will determine its direction in the coming weeks. As the market continues to push higher, most analysts and investors are anticipating a potential surge for SOL, especially with the $160 resistance level appearing to weaken under recent upward pressure.
Memecoins have once again captured the cryptocurrency spotlight, with Solana (SOL) emerging as a key network supporting this growing trend.
Amidst the ever-volatile market headed towards bullish trends for most cryptos, the Solana price forecast remains intriguing. Could this be the month the SOL price will reach a new ATH?
Solana's co-founder, Anatoly Yakovenko, has highlighted a major difference between the network's ecosystem and Ethereum. He noted that when a global resource becomes saturated in Solana, it doesn't lead to good price discovery.
Solana (SOL) has been showing impressive gains this week, trading around $154.59 after reaching an intra-day high of $156.43. The cryptocurrency market is experiencing a positive shift, with major cryptocurrencies reversing their downward trend. Bitcoin (BTC) remains strong above the $68K mark, while altcoins such as Ethereum (ETH), Solana (SOL), and XRP are also in the green. The global crypto market capitalization has risen by 0.8%, reaching $2.35 trillion.
Anatoly Yakovenko, the founder of Solana, commonly known as "Toly," has shared his perspective on the key challenges related to the interaction between blockchain hardware and software.
In this article, we explore the Solana (SOL) and Toncoin (TON) markets. We shine a light on their recent price and trading volume activity and present them in the context of the broader crypto ecosystem.
With the Bitcoin price retesting the $69,000 mark during the early Asian trading hours, the altcoin market has experienced a strong bullish recovery. Following this, the Solana (SOL) price has maintained its value above the $150 mark. This highlights the rising interest of investors in it.
The year 2024 will go down in history as the moment when Bitcoin and Ethereum exchange-traded funds (ETFs) finally launched, transforming the crypto landscape. Eleven Bitcoin spot ETFs were approved in January, a huge leap after years of futures-based products that started trading in 2021.
A crypto whale is looking at a massive multi-million dollar gain on a Solana (SOL)-based memecoin after just five days. According to on-chain data tracker Lookonchain, a deep-pocketed investor turned $727 worth of Goatseus Maximus (GOAT) into $2.44 million. “This guy sold all 15.
Solana, one of the top-performing cryptocurrencies, is on the verge of breaking a significant price barrier. After a 15% surge in recent days, Solana is testing a critical resistance level at $160.
A sharp uptick in Solana network activity and the blockbuster performance from memecoins back SOL's rally toward $180.
The “2024 State of Crypto” report by a16z Crypto, the investment arm of the venture capital firm Andreessen Horowitz, reveals remarkable trends that underline the industry's rapid growth and diversification. The report highlights a significant uptick in crypto activity, with a record 220 million monthly active addresses reported as of September 2024 an impressive threefold increase since the end of 2023.
New developments in the SEC's lawsuit against Binance indicate the regulator is ratcheting up its case against SOL and other crypto tokens—not backing down, as some had hoped.
Solana (SOL), the world's fifth-biggest cryptocurrency by market cap, is poised for a massive upside rally as it approaches a mega-bullish breakout. Most on-chain metrics suggest a strong bullish signal ahead of the breakout.
A widely followed crypto analyst says that one artificial intelligence (AI)-based altcoin looks strong while updating his outlook on Solana (SOL) and a handful of memecoins. In a new strategy session, pseudonymous crypto trader Altcoin Sherpa tells his 224,800 followers on the social media platform X that Fetch.
The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana's decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which can then be converted into Solvbtc.
Bitcoin, the pioneer cryptocurrency, has been trading sideways for the past seven months, struggling to maintain a directional uptrend. While the ‘Uptober' has boosted the BTC price for the next breakout attempt from $70,000, these three cryptocurrencies are gathering even more momentum with technical breakouts, increasing whale activity.
Anatoly Yakovenko, Solana's co-founder, recently pointed to a deep divergence in how Solana and Ethereum see resource satiation and price discovery. He explained that once a global resource becomes saturated on Solana, the current pricing mechanisms begin to be suboptimal.
Solid buying in the Bitcoin ETFs suggests that investors expect Bitcoin to breakout to a new all-time high. Will altcoins follow?
Goatseus Maximus (GOAT), a Solana meme coin, has captured the attention of crypto whales following a 260% price surge over the past 30 days. On October 15, GOAT's price was $0.10.
Orderly Network has introduced its omnichain vault, "Orderly Unity," on Solana, aiming to streamline decentralized trading.
The price of SOL has risen by 1% today, reaching $153.69 as the wider crypto market loses 0.5% in the past 24 hours.
Solana could potentially reach the $185 level if it breaches the neckline of the inverted head and shoulder pattern.