As Solana (SOL) seeks to breach the long-term resistance at the $250 mark, the decentralized finance (DeFi) ecosystem is backed by a dynamic holder base, including institutional and retail investors. Indeed, these holders play a pivotal role in its growth, with top entities having a more significant influence on the network’s governance and market stability. As of press time,
A cryptocurrency Solana trader has lost nearly $74,000 in just three minutes with a common trading mistake. The trader was speculating with the $RICH memecoin on Solana (SOL), losing 325.8 SOL in two poorly executed trades. Lookonchain reported the case on December 13, which is a cautionary tale for crypto traders to avoid letting emotion dominate. In summary, the
The broader crypto market recently suffered a short-term setback, losing its upward momentum. Top cryptocurrencies, including Solana (SOL), were not left out of the volatility. SOL’s price fell to a low of between $215 and $220 on the daily chart earlier this week. Solana’s price rebound However Solana has turned and is trading amid definitive bullish momentum.
Solana One of the better-performing cryptocurrencies in 2024 has, perhaps unexpectedly, been Raydium (RAY). Apart from two notable instances where sharp moves to the upside were seen in March and July, the asset has been subject to range-bound price movements for most of 2024. The wider crypto market bull run that kicked off in early
As Bitcoin (BTC) and Binance Coin (BNB) became the first major cryptocurrencies to set new price ATHs in this cycle, experts are certain that more coins will follow the leaders soon. A CryptoQuant community analyst who goes by Maartunn shared his views. SOL, Toncoin TON target ATHs, expert says Solana (SOL) and Toncoin (TON), two
Subsquid, a Web3 data lake and query engine, has announced a new strategic partnership with Solana-powered (SOL) Neon EVM, according to the information shared with Finbold on April 25. The partnership aims to streamline access to on-chain data for dApp developers and marks Subsquid’s initial moves on the Solana blockchain. About Subsquid Subsquid Network is a distributed query
