Solana has recorded a massive surge in trading volume on two decentralized exchanges, Raydium and Orca, in the last seven days. According to data, this dramatic surge birthed a 42% increase in SOL’s Total Value Locked (TVL). SOL’s price also reacted to this increased interest, scoring notable gains in the last week and rising above $60…
Solana rallied above the $60 resistance against the US Dollar. SOL price is up over 50% in a few days and might continue to rise toward the $75 level. SOL price started a major rally above the $55 resistance against the US Dollar. The price is now trading above $60 and the 100 simple moving…
Institutional inflows into digital asset investment products based on Solana spiked last week, particularly as these investment products saw a 7th consecutive week of inflows. Digital asset investment products have had inflows since the end of September and throughout October, reflecting the bullish sentiment in the broader crypto market. As a result, inflows into Solana…
After a significant dip to $51.27, Solana (SOL) is currently witnessing a notable recovery in its market price, currently trading at $55.31 (up 7%). This upswing follows a period of intense volatility, with SOL reaching a peak of $63.80 last Saturday, marking an impressive 270% rally over 61 days, only to drop almost 20% subsequently.…
Solana rallied above the $50 resistance against the US Dollar. SOL price is consolidating gains above $55 and might extend its rally above $65. SOL price started a major rally above the $50 resistance against the US Dollar. The price is now trading above $55 and the 100 simple moving average (4 hours). There is…
Solana opened this month on high momentum, consistently posting notable gains over the past few days. SOL scored a weekly high of $45.36 on November 1 before receding. But after a brief decline to the $40 price level, the bulls have regained momentum, intent on pushing closer to $50 this time. But it remains to…
Data shows a Solana whale has deposited SOL worth $11 million to Binance, which could be bearish for the asset’s price. Solana Has Enjoyed Sharp Bullish Momentum During The Past Month Since the start of Bitcoin’s rally towards the $35,000 level, the cryptocurrency market as a whole has been having a good time. Among the…
Solana (SOL) has garnered significant attention in the cryptocurrency market, surpassing its peers with an impressive 79% upward trend over the past 30 days. As its price continues to soar, inquiries have arisen regarding the reaction of the Solana ecosystem to this surge. About this subject, the Jarvis Labs team has offered intriguing insights into…
Data shows Solana whales have made large transactions towards exchanges during the past day, which could signal a selloff. Solana Whales Have Deposited Tokens Worth $34.1 Million To Binance According to data from the cryptocurrency transaction tracker service Whale Alert, a few large SOL transfers have occurred on the Solana blockchain during the past day.…
Solana, the now seventh-ranked cryptocurrency by market cap, thanks to a recent runaway performance, has surpassed the $40 mark. Take a look at a close-up of the price action and see if the stampede by bulls is sustainable. Say Goodbye To Single-Digit SOL Forever Less than one year ago, Solana hit a low of under…