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Solana News

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TheNewsCrypto

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Solana Inches Closer to $140 as Recovery Continues, Are Bulls Making a Comeback?

  • Solana has experienced significant price increases after the recent crash, with a 2.11% increase in the last 24 hours.
  • Solana is nearing the $140 mark and has shown a 31.55% weekly price increase.
  • Technical indicators suggest a potential bullish trend for Solana if positive momentum continues.
  • Other altcoins like Flare and Helium have also shown positive movements.

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Medium

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How Solana is Powering the Rise of Tokenized AI Agents

  • Solana's unparalleled transaction speed, low costs, and scalability make it ideal for tokenized AI agents to thrive.
  • Solana's support for smart contracts and dApps provides a robust foundation for developers integrating AI functionalities.
  • Tokenized AI agents utilize blockchain tokens for tasks, providing liquidity, programmability, transparency, and security.
  • Integration of tokenized AI agents and Solana infrastructure reshaping industries, optimizing DeFi, gaming, DAO governance, security, and smart contract review.

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NullTX

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SOL Faces Selling Pressure from Key Market Players

  • Solana ($SOL) has faced significant selling pressure from key market players, FTX/Alameda and an entity known as 'pump'.
  • FTX/Alameda has sold a total of 8.031 million SOL since November 2022, impacting Solana's price negatively.
  • Their monthly sales of approximately 180,000 SOL have created predictable downward pressure on SOL's price.
  • The entity 'pump' has been more erratic in its selling pattern, unloading around 100,000 SOL once every 1 to 2 weeks.
  • The frequent large sales by these entities have made Solana's price highly unstable and pushed it lower.
  • The identity and motives of 'pump' remain unknown, adding intrigue to the situation.
  • The continuous selling pressure from FTX/Alameda and 'pump' raises concerns about Solana's future price trajectory.
  • Despite the challenges, Solana's strong fundamentals and community support suggest long-term potential for the project.
  • Market dynamics, investor sentiment, regulatory factors, and technological developments will also influence Solana's price movements.
  • Investors are advised to conduct thorough research before engaging in cryptocurrency investments.

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Newsbtc

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Solana Price Eyes Breakout Toward $143 As Inverse Head/Shoulders Pattern Takes Shape

  • Solana has formed an inverse head and shoulders pattern on the 4-hour chart.
  • The breakout above the neckline resistance suggests a potential rally towards $143.
  • The recent increase in trading volume provides strength to the bullish move.
  • Solana's current price is $129, 10% away from the target of $143.

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TronWeekly

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Solana Eyes $180 If Weekly Candle Closes Above $120, Analyst Predicts

  • Solana (SOL) gains 9% over the past seven days, despite a pullback from $133 to $128.
  • Analysts predict a potential price rally towards $180 if SOL closes above $120 weekly resistance.
  • Open Interest in Solana rises by 8.13% with $14M in short liquidations, indicating bullish sentiment.
  • Multiple technical indicators align with market sentiment, supporting a positive outlook on Solana's upward momentum.

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Newsbtc

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Solana Triggers Long Thesis After Pushing Above $125 – Start Of A Bigger Rally?

  • Solana is trading above $125, showing signs of strength as buyers return and confidence starts to rebuild.
  • Solana has gained over 40% since last Monday, sparking renewed bullish sentiment and a potential sustained move higher.
  • Solana successfully reclaimed the $125 resistance level, triggering a long thesis and suggesting a bullish structure may be forming.
  • For the rally to continue, Solana must maintain its position above $125 and push toward the next major resistance around $146.

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Newsbtc

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Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why

  • Ethereum has suffered a 77% price crash against Bitcoin, leading to underperformance for almost four years.
  • Reasons behind Ethereum's price struggles include technical, sentimental, and regulatory issues.
  • Layer 2 solutions and complex roadmaps are cannibalizing activity on the mainnet and confusing investors.
  • High gas fees, slow upgrades, lack of investment appeal, and increased competition also contribute to Ethereum's decline.

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TechBullion

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BlockDAG Raises $5M in Just 48 Hours Post-Keynote 3! Solana Price Dips While AAVE Whale Activity Surges

  • BlockDAG raised $5 million in just 48 hours following the success of its recent Keynote 3.
  • AAVE whale activity saw large holders selling off 73.5K coins, while Solana (SOL) price dipped.
  • BlockDAG's strong fundraising strategy and community support reflects confidence in its vision.
  • With $213.5 million raised and solid growth, BlockDAG is securing its spot among the top crypto coins.

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TechBullion

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BlockDAG Excels in April with $213.5M Raised as Cardano & Solana Face Challenges

  • BlockDAG (BDAG) raised over $213.5 million in a successful presale and introduced a beta testnet with a no-code tool for easy coin and NFT creation.
  • Cardano (ADA) struggles to maintain the $0.50 mark and may drop to $0.32, while Solana (SOL) has lost over 60% of its value at $95 and faces a significant token release.
  • BlockDAG's focus on functionality and utility rather than hype sets it apart, fostering a robust ecosystem that drives demand.
  • With over 110,000 participants on its beta testnet, BlockDAG is gaining traction and shaping up to be a practical toolset with increasing interest from developers.

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Newsbtc

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Solana Approaches $125 – Will 2-Level Filter Trigger A Long Signal?

  • Solana (SOL) faces critical liquidity resistance as it tries to recover from recent volatility and selling pressure in the crypto market.
  • A move above $125 could trigger a long signal on a 2-level filter, indicating a potential breakout for SOL.
  • A rally in SOL has been fueled by improved sentiment and positive macroeconomic developments, with a 25% bounce.
  • SOL is currently trading at $122, with a technical barrier at $128 that needs to be overcome for short-term strength and a broader recovery phase.

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Cryptoticker

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What’s Next for Solana Price?

  • Following the appointment of Paul Atkins, a known crypto-friendly figure, as the new SEC Chair, hopes of a Solana ETF approval have reignited.
  • Solana's daily chart is flashing bullish recovery signs, with the price surging over 6%, breaking above key moving averages.
  • The hourly chart confirms a breakout with Solana surging above multiple SMAs, indicating growing bullish momentum.
  • While there is no guarantee of approval, the market is hopeful that a Solana ETF might be considered due to its real-world usage and developer ecosystem.

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TronWeekly

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Crypto Market Turns Bullish as Ethereum, ONDO, Solana, and Bitcoin Lead Social Buzz

  • Crypto market sentiment is shifting from fear to optimism as social chatter rises across major tokens.
  • Ethereum, Solana, and Bitcoin dominate discussions, each playing a unique role in the ongoing recovery.
  • ONDO gains traction after a Binance listing, while XCN and ORCA attract attention with strong short-term momentum.
  • The crypto market is setting the stage for what could be the next major leg upward in 2025.

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Cryptopotato

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BTC Price Taps a Weekly High, 6% Jump Takes SOL to $125 (Weekend Watch)

  • Bitcoin's price jumped to $84,000 for the first time in about a week.
  • SOL emerged as the top performer among the largest 10 cryptocurrencies, with a 6% increase and reaching $125.
  • BTC's weekly low was around $74,000, but it has since climbed back up to $84,000.
  • The total crypto market cap increased by over $50 billion to $2.745 trillion.

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Coinjournal

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Solana (SOL) surges 10% to key level as Bitcoin (BTC) reclaims $83,000

  • Solana (SOL) surges 10%, breaking above $120 and aiming for a breakout to $200.
  • Despite the overall bearish sentiment, Solana's rally is fueled by a bounce in cryptocurrencies, with Bitcoin reclaiming $83,000.
  • The broader crypto market experienced volatility along with stocks this week, as risk assets swung lower due to US-China trade tensions.
  • Technical indicators suggest a short-term bullish case for Solana, with RSI near the midpoint and potential price targets of $180-$200.

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TronWeekly

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FTX Unstakes 186K SOL Tokens—Will the Market See Another Shock?

  • FTX and Alameda unstaked 186,326 SOL tokens worth approximately $21.5 million on April 11.
  • Previous unstaking events by FTX often led to market selloffs aimed at repaying creditors.
  • Solana maintained its market value despite the recent unstaking activity, with SOL rising 0.6% in the past 24 hours.
  • Rising investor optimism, upcoming positive market developments, and ETF speculation drive positive sentiment for SOL.

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