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Solana News
Cryptoticker
2M
441
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SOL Price Explodes Past $150—What’s Next?
- Solana (SOL) has experienced a significant price surge, surpassing $150 and attracting investor attention amidst a bullish market trend.
- The current price challenges the critical resistance level of $155, indicating a potential bullish breakout that could lead SOL towards $180 and even $200 in the near future.
- Technical analysis on both daily and hourly charts suggests a strong bullish momentum with key support levels aligned for further upside movement in the next 24-48 hours.
- With increasing institutional interest, growing adoption in DeFi and NFT sectors, along with favorable network fundamentals, Solana's price outlook remains optimistic for potential long-term gains, supported by its scalable infrastructure.
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Bitcoinist
2M
27
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Crypto Scandal: Zerebro’s Co-Founder Allegedly Fakes Death While His Wallets Dump Tokens
- Zerebro's co-founder, Jeffy Yu, is accused of faking his death and dumping on investors as an 'exit liquidity strategy.'
- Yu allegedly staged his suicide during a live stream and introduced 'Legacoins' before his alleged passing.
- The Solana-based LLJEFFY legacoin created by Yu saw a price surge of over 1,000% followed by a 90% plummet, causing substantial losses for investors.
- Speculations arose about Yu faking his death due to suspicious on-chain activity and reports claiming he was fine after his alleged demise.
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Livebitcoinnews
2M
106
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Former Chair CZ Introduces up to 10x BSC Fee Cut Strategy
- Binance founder Changpeng Zhao suggests reducing gas fees on Binance Smart Chain (BSC) by up to 10x to rival Solana and Ethereum's cost efficiency.
- Rising network activity on BSC has prompted discussions about reducing fees to attract more users and developers.
- Challenges such as spam transactions and maintaining incentives for validators and builders are being considered in CZ's proposal.
- Reducing BSC gas fees could increase transaction volume, appeal to more projects, and position BSC as an affordable major blockchain network.
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Newsbtc
2M
424
Only XRP Still In Profit Among Euphoric Buyers—BTC and SOL Deep In Losses
- On-chain data reveals that top XRP buyers are currently in an 11% profit, while other top coins like Bitcoin and Solana are deep in losses.
- The Realized Price metric shows that XRP investors who entered during the euphoric period of December 2024 to January 2025 are still holding onto profits.
- While XRP holders are in profit, Solana's mid-term investors are facing a 28% loss, Ethereum holders are at a 36% loss, and Bitcoin investors have a 1% loss.
- The trend of top buyers being in losses for other major networks has been highlighted as a sign of market weakness, with XRP currently trading around $2.13.
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Minis
1y
831
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Zoho’s Sridhar Vembu says this helps entrepreneurs make ‘a billion dollar biz'
- Zoho's Sridhar Vembu emphasizes a crucial shift in mindset for Indian entrepreneurs, urging them to prioritize research and development (R&D) to foster the growth of substantial enterprises.
- Drawing parallels with both Western and East Asian successes, he highlights the significance of investing in specialized metallurgy, essential for manufacturing items like nail clippers and dental instruments.
- Vembu's insight underscores the need for India to elevate its focus beyond commodity steel and embrace the development of specialized alloys. This strategic shift, he suggests, is pivotal for Indian businesses to compete on a global scale and potentially build billion-dollar ventures.
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