The Solana price slid more than 3% over the last 24 hours and landed in the red. The price of the asset has been consolidating over the past few weeks. SOL has been struggling to get past its immediate resistance mark, which is further fueling the coin’s downslide. In the last week, the altcoin depreciated…
The Solana price has turned bullish on the daily chart. Over the last 24 hours, the altcoin has risen by 1%. SOL has logged close to a 6% gain in the last week. Although the coin depicts positive price action on the daily time frame, the bulls might fade on the weekly time frame if…
After a period of sluggish price action, the price of Solana has finally made a significant recovery on the chart. In the last week, the coin has surged over 9%. Although SOL might be moving up slowly, from a technical standpoint, the altcoin has recovered and might stage a rally in the upcoming trading sessions.…
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…
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…
Solana (SOL) has been among the top gainers for the past weekend. This was due to the bullishness that followed the announcement that Google was now running Solana nodes. As expected, the price of the digital asset rallied in the time following the announcement, rising more than 15% to finally cross the $38 mark for…
Solana price has finally broken past the $30 price mark and flipped that level into a support line. SOL has gained 6% in the last 24 hours. In the last week, the coin moved up by 4%. The Bitcoin rally has pushed many altcoins up on their respective price charts. Major altcoins have traveled northbound…
SOL price trades below 50 and 200 EMA on the daily timeframe despite showing some relief strength. SOL rally caught short as BTC price continued to range. The price must hold $30 support or face a drop-down to a weekly low. The price of Solana (SOL) has recently shown some bullish strength, but it has…