Solana’s native token (SOL) surged by 17% between Dec. 7 and Dec. 8, reaching its highest level since May 2022. SOL’s fate changed dramatically on Dec. 1 when Brian Armstrong, CEO of Coinbase, revealed a plan to integrate the Solana…
Tag: Solana
Solana Breaks Past $54 On Steady Price Momentum
Solana is distinguishing itself in the crypto market, with a remarkable 50% monthly gain and an extraordinary 450% year-to-date increase, contributing to the overall surge in optimism. This trend is further amplified by Bitcoin’s ascent beyond $37,000 and its ambitious…
Solana price hits a new 2023 high — What’s behind the SOL rally?
Solana’s native token, SOL (SOL), experienced an impressive 22% surge on Nov. 10, breaking past the $54 mark for the first time since May 2022. Notably, this surge occurred amid the continuous selling of SOL tokens by FTX’s bankruptcy estate.…
Solana price corrects as recent SOL rally factors come under question
Solana’s SOL (SOL) experienced a notable 36.6% increase in value between Oct. 30 and Nov. 2. However, it failure to breach the $44.50 mark resulted in a 10% correction down to $40 on Nov. 6. This movement has left many…
‘I just bought SOL’ — Arthur Hayes after Solana price rebounds 500%
Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency. Fam I have something embarrassing I must admit. I just bot…
Solana traders prepare for FTX-induced sell pressure on SOL — Is it premature?
For a long time, Solana has been associated with the founder of now-insolvent crypto exchange FTX and hedge fund Alameda Research, Sam Bankman-Fried. He was an early investor in the project and invested in numerous Solana ecosystem projects during the 2020-2021…
Solana falls 6% amid fears of FTX dump — But there’s a catch
The price of Solana (SOL) has plunged more than 6% in the last 24 hours amid fears that bankrupt crypto exchange FTX may soon liquidate significant portions of the token and other Solana-affiliated crypto assets. The price of Solana has…