The Solana ecosphere, unsurprisingly, is also suffering as a result of the current market contagion. SOL fell to its lowest performance in recent weeks. CoinGecko reports that its native token SOL has dropped in value by 58.3 percent over the course of a month. Here’s a quick glance at how the token has been performing:…
SOL’s price struggles to reclaim the key demand zone of $20 as the price trades around $13.5 SOL’s price remains weak as bears dominate the market; the price fails to break and close above $20 with so much uncertainty in the market SOL’s price trades below get the 50 and 200 Exponential Moving Averages as…
SOL’s price bounces off key support of $10 as price rallies to a high of $14 as bulls feel a measure of safety. SOL’s price continues to look bearish with the market’s current state, as most traders and investors remain cautious. SOL’s price bounces from a low of $11 on the daily timeframe as the…
Solana tumbled below the $20 and $15 levels against the US Dollar. SOL price is now recovering, but upsides might be limited above $15 and $17. Sol price traded as low as $10.92 before it recovered a few points against the US Dollar. The price is now trading below $15 and the 100 simple moving…
The general cryptocurrency slump left all assets clinging to the support levels to stay afloat. Solana (SOL) was one of the most affected by this movement, deviating from its all-time high of $260.06 to currently trading at $13.75. The total circulating supply of SOL stands at $362,782,994. Also, the 24-hour low is $11.l7, while the…
SOL’s price lost its demand zone of $20 as the price struggled to hold above $10. SOL’s price continues to look bearish with the market’s current state, as things look uncertain for most traders and investors. SOL’s price looks weak as the price struggles to hold above $10, with the possibility of reclaiming the daily…
In a letter to its investors, one of the industry’s most notable crypto venture firms, Multcoin Capital, has revealed its thesis for the coming weeks. Managing partners Kyle Samani and Tushar Jain write in a 3,400-word letter that the FTX fiasco does not spell doom for the crypto industry, as critics like Peter Schiff and…
Binance and other top crypto exchanges halted stablecoin deposits from the Solana (SOL) blockchain. The companies released an official statement claiming that the measure will be temporary, but it could have harmful implications for the SOL ecosystem. Solana (SOL) trades at $13.5, with a 5% loss in the last 24 hours and a 3% loss…
Solana (SOL) was one of the hardest hit blockchains by the FTX collapse. Even now, more than a week after the initial bankruptcy, SOL continues to buckle under the weight of uncertainty left among its users and investors given Sam Bankman-Fried’s (SBF) heavy involvement in the Solana blockchain. Will SOL continue to suffer or is…
The Solana (SOL) ecosystem, according to Laguna Labs Chief Executive Officer (CEO) Stefan Rust, took a harder hit compared to other major digital coins such as Bitcoin and Ethereum following the collapse of the FTX crypto exchange. Here’s a quick glance at SOL performance: Following the collapse of FTX, Solana lost almost 60% of its…