A naukri.com initiative
Solana News
TheNewsCrypto
3w
402
Image Credit: TheNewsCrypto
Solana Faces Headwinds as Short Positions Mount After All-Time High
- Solana (SOL) has experienced a 12% drop from its all-time high of $264.63.
- Short positions in Solana have surged to $6 billion, surpassing long positions.
- Key support at the 20-day Exponential Moving Average (EMA) will determine the next move.
- The market sentiment for Solana is currently bearish, with cautious or pessimistic perspectives dominating discussions.
Read Full Article
24 Likes
TheNewsCrypto
4w
26
Image Credit: TheNewsCrypto
Can Solana Sustain Its Momentum and Reach $500?
- Solana (SOL) has surged to an all-time high of $265, with its market capitalization surpassing $121 billion.
- Solana's decentralized exchange (DEX) ecosystem commands 45% of the market share and has a Total Value Locked (TVL) of $9.35 billion.
- Analysts identify key resistance levels at $271 and $309, which could trigger further price gains for Solana.
- Despite potential risks, Solana's bullish momentum remains strong, with speculations of its price reaching $500 fueled by investor confidence and DeFi adoption.
Read Full Article
1 Like
Crypto-News-Flash
4w
132
Image Credit: Crypto-News-Flash
Grayscale Adds XRP, Solana, Stellar to Private Placement Trusts
- Grayscale has reopened private placement subscriptions exclusively for accredited investors.
- Investors can now access trusts for cryptocurrencies including XRP, Solana, and Stellar.
- The trusts allow investors to hold these assets for a specified period before trading.
- Grayscale aims to provide diverse investment options and cater to the growing interest in digital asset investment.
Read Full Article
7 Likes
Pymnts
4w
332
Image Credit: Pymnts
The Price of Loyalty? Brands Bet Big on Blockchain to Woo Consumers
- The loyalty industry is changing due to the integration of blockchain technology.
- Blockchain technology is reshaping loyalty programs by offering more flexible and engaging reward structures.
- Younger generations, particularly Gen Z and millennials, are driving the demand for next-generation loyalty programs.
- Blockchain technology allows brands to scale loyalty programs globally while maintaining personalization.
Read Full Article
19 Likes
Bitcoinist
4w
372
Image Credit: Bitcoinist
‘Memecoins Are Getting A Little Weird’: Binance Founder Advocates For ‘Real’ Blockchain Projects
- Binance founder, Changpeng Zhao, calls for more focus on 'real' blockchain projects amidst the frenzy around memecoins.
- CZ urges the community to build applications with utility and not to completely end the memecoins craze.
- Opinions among crypto investors are split, with some agreeing that memecoins are a distraction, while others argue that memes have unique power and can lead to innovative fundraising and economic applications.
- Binance faces criticism for listing memecoins and alleged promotion of pump-and-dump schemes, leading to price jumps and subsequent drops.
Read Full Article
22 Likes
Crypto-News-Flash
4w
301
Image Credit: Crypto-News-Flash
Solana (SOL) Hits $250 Milestone: Is a 10x Rally on the Horizon?
- Solana (SOL) is expected to rally if it secures the $250 level, but could drop to $135 if it fails.
- An analyst predicts that SOL could reach $5,000 in this cycle based on a cup and handle pattern.
- Solana recently broke the $250 resistance level, setting a new all-time high at $263.
- Investors remain confident as Solana's decentralized exchange volume surpasses $600 billion.
Read Full Article
18 Likes
Medium
4w
261
Image Credit: Medium
Play to Win on 4Cast
- 4Cast is an ultimate gaming hub on Solana that allows users to transform $SOL into endless entertainment.
- The platform offers a wide range of multiplayer and single-player games including Wheel Spin, Crypto Price Prediction, Lottery, Coin Flip, and Plinko.
- A new game called Meme-Crash has recently been introduced on 4Cast, which is gaining popularity among users.
- 4Cast provides a fair gaming experience with provably fair systems and offers the chance to win big with high multipliers.
Read Full Article
15 Likes
NullTX
4w
186
Image Credit: NullTX
Solana Sees Strong Growth In Development And DEX Volume Amid Rising Meme Coin Ecosystem
- Solana is experiencing a notable uptick in development activity and contributors, showcasing its dynamic ecosystem.
- The decentralized exchange (DEX) volume on Solana has surpassed $800 billion, driven by the popularity of Solana-based meme coins.
- Several meme coins on Solana, such as $MooDeng, $SLERF, and $MUMU, are seeing substantial trading volumes and gaining traction within the ecosystem.
- With its strong development activity, expanding DEX market, and growing meme coin ecosystem, Solana is well-positioned for continued success in 2024.
Read Full Article
11 Likes
NullTX
4w
434
Image Credit: NullTX
Bot Nets $6.8M In Solana By Sniping Memecoins On Pump.fun
- A trading bot has earned 27,000 $SOL (~$6.8M) by sniping memecoins on Pump.fun.
- The bot acquired 57 million $FATHA tokens for 2 $SOL and sold them for 4,456 $SOL (~$1.12M), achieving a 2,227x return.
- It also purchased 58.57 million $FRIC tokens for 1.75 $SOL and flipped them for 1,646 $SOL (~$418K), netting a 943x return.
- The bot has deposited 27,000 $SOL in the past month, with 19,000 $SOL already sent to the OKX exchange for cashing out.
Read Full Article
26 Likes
NullTX
4w
270
Image Credit: NullTX
SOLANA PRICE ANALYSIS & PREDICTION (November 26) – Sol Enters Retracement Mode After Printing New High, Any Close Support?
- Solana (SOL) has experienced significant price growth, registering over 70% gains this month.
- Although Sol initiated drops this week and lost momentum, the overall trend is still considered bullish in the mid-term.
- The ongoing retracement provides a buying opportunity for traders and investors, with the key level to watch for a retest being $210, the previous all-time high (ATH).
- In the long term, the bullish structure remains intact, with no signs of reversal unless the price dips below $100.
Read Full Article
16 Likes
TronWeekly
4w
35
Image Credit: TronWeekly
Bitcoin, Solana Shine Bright: Record $37B YTD Crypto Inflows
- Digital asset inflows hit a record $3.13 billion in a single week, with Bitcoin leading.
- Solana surpasses Ethereum in weekly inflows, securing $16 million.
- Altcoins like XRP and Litecoin attract significant attention amid positive market sentiment.
- Sentiment turns bearish for Bitcoin as social sentiment declines.
Read Full Article
2 Likes
TheNewsCrypto
4w
430
Image Credit: TheNewsCrypto
Can Solana (SOL) Recover and Surpass the $260 Mark?
- Solana (SOL) has experienced a loss of 8.91% over the past 24 hours, trading at $233.
- The altcoin recently reached an all-time high (ATH) of $263.83 on November 23.
- Solana has witnessed a 24-hour liquidation of $24.68 million and a daily trading volume of $7.16 billion.
- The downside risks for Solana include a potential retreat to $227 or even to the $200 range.
Read Full Article
25 Likes
TechBullion
4w
332
Image Credit: TechBullion
CatCoin ($CAT) – The Purr-fect Memecoin on Solana with a Massive 1 Trillion Token Supply
- CatCoin ($CAT) is a memecoin on the Solana blockchain with a 1 trillion token supply.
- It offers features like NFTs, staking, governance rights, and a dedicated marketplace.
- CatCoin aims to build a strong community and maximize utility for $CAT holders.
- The project has an ambitious roadmap and offers an airdrop campaign for new participants.
Read Full Article
20 Likes
Bitcoinist
4w
208
Image Credit: Bitcoinist
Solana’s Pump.Fun Under Fire: Users Ask For Shutdown Over Livestream Chaos
- Solana-based memecoin launchpad Pump.fun is facing criticism as users misuse its Livestream feature to pump their tokens.
- The trend of users inducing controversial and harmful behavior during livestreams became viral, mimicking tactics from other streaming platforms.
- Creators of Solana memecoins are making threats, promoting antisemitism and racism, and performing child and animal abuse during livestreams.
- The crypto community is calling for the shutdown of Pump.fun or at least the Livestream feature due to the harmful content it enables.
Read Full Article
12 Likes
TheNewsCrypto
4w
341
Image Credit: TheNewsCrypto
Bloomberg Analyst Predicts Potential Approval Timeline for Altcoin ETFs
- Altcoin ETFs face delays due to the lack of regulated futures markets.
- Approval of altcoin ETFs like SOL, XRP, LTC, and HBAR could extend into late 2025.
- Regulatory challenges and market constraints are the primary reasons for the delay.
- New SEC leadership in 2025 might adopt a more crypto-friendly stance, potentially accelerating approvals.
Read Full Article
20 Likes
For uninterrupted reading, download the app