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news-imageDecember 19, 2024

Solana's Rise and Cardano's Decline: A Shift in Blockchain Dynamics

Solana's (SOL) remarkable growth in the last few months has led to comparisons to Cardano (ADA), once a dominant player in the blockchain space. As Solana continues to outpace Cardano in terms of transaction speed, low fees, and overall ecosystem development, many are questioning whether Cardano can regain its relevance in 2024.
Publisher: The Currency Analytics
Sentiment: Positive
ADA
SOL

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Negative
cover-imageFinbold
March 11, 2025

AI predicts Solana price for March 31,2025

Solana (SOL) has plunged over 35% in the past month, falling to $127.63 at press time, its lowest level in months. The sharp decline has sparked broader market panic, with weak technical indicators and fading network activity compounding concerns.

Positive
cover-imagePYMNTS
March 11, 2025

Rakurai Raises $3 Million for Solana Staking Infrastructure Project

Rakurai, an infrastructure project centered around improving Solana staking, has raised $3 million. The company's seed funding round will help support the launch of Rakurai's Solana staking platform, designed to provide high-quality of service (QoS) transaction landing, Rakurai announced in a Tuesday (March 11) news release provided to PYMNTS.

Positive
cover-imageCoinPedia
March 11, 2025

Cardano Shows Signs of Recovery: Could ADA Surge Back to $0.92?

Cardano has dropped nearly 12% this week as the broader crypto market remains volatile. Currently priced at $0.7176, ADA shows signs of a slight recovery after experiencing five consecutive days of losses. This uptick has sparked speculation about whether it could lead to a stronger rebound, potentially helping ADA return to the $0.

Negative
cover-imageInvezz
March 11, 2025

Solana price drops below realized value first time since 2022

Solana (SOL), once ranked as the third-largest cryptocurrency by market capitalization after Bitcoin and Ethereum, has dipped below its realized price level for the first time in nearly three years. On March 11, SOL fell to approximately 8% below its realized price of $134, a level last seen on March 9.

Neutral
cover-imageUToday
March 11, 2025

Solana (SOL) Reclaims $123, Is Sell-off Over?

Solana (SOL), currently ranked the sixth-largest cryptocurrency, has reclaimed the $123 mark, following a slight recovery on the market. This has raised questions about whether the broader market sell-off that saw Bitcoin collapse below $80,000 is over.

Positive
cover-imageCrypto Economy
March 11, 2025

Strategic Acquisition Boosts Sol Strategies' Staked SOL

TL;DR Validator Network Expansion: Sol Strategies nearly doubled its staked SOL, reaching 3.3 million, by acquiring Laine and adding 1.5 million delegated SOL to its existing 1.8 million. Strategic Leadership Addition: Michael Hubbard, Laine's founder, joins as Chief Strategy Officer, marking the company's third validator acquisition since its September 2024 pivot to focus on Solana.

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