Solana

Markus Thielen, Head of Research at Matrixport, recently shared a comprehensive analysis on how well the Solana blockchain and its native token SOL have done in 2023. Thielen began by highlighting SOL’s extraordinary price growth in 2023, noting a staggering 480% increase year-to-date. Initially, he had predicted SOL could double its value, but the cryptocurrency […]

Popular pseudonymous crypto analyst Bluntz recently unveiled a compelling forecast for Solana (SOL), suggesting a robust recovery and an upward trajectory. In a recent YouTube video, he said that SOL, which is the native token of Solana, a formidable Ethereum (ETH) competitor, is on the cusp of a significant rally. Bluntz’s analysis hinges on the […]

Investors have poured more than $135 million into Solana-focused investment products so far this year after the cryptocurrency’s price moved up nearly 500% as it recovered from the collapse of FTX. According to CoinShares’ latest Digital Asset Fund Flows report, last week, cryptocurrency investment products saw a total of $176 million in inflows, in the […]

A Solana-based meme-inspired cryptocurrency called Bonk Inu ($BONK) has seen its price surge over 2,500% over the past 30 days to the point its market capitalization is now close to $270 million, while its 24-hour trading volume jumped to near $120 million. The cryptocurrency’s team describes it as the first Shiba Inu-themed Solana-based cryptocurrency that […]

A top cryptocurrency strategist that has gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000 has recently suggested that the price of Solana (SOL) could keep on soaring, even after moving up 510% year-to-date. In a post shared with their over 220,000 followers on the microblogging platform, […]

Over the past week cryptocurrency investment products saw a total of $293 million in inflows, bringing their 7-week inflows over the $1 billion mark. Beyond BTC and ETH, investment products focusing on Solana (SOL) and Cardano (ADA) saw significant inflows, while other altcoins saw outflows. According to CoinShares’ latest Digital Asset Fund Flows report, Bitcoin-focused […]

ARK Invest’s New Crypto ETFs in Collaboration with 21Shares Earlier today, Cathie Wood, the Founder, CIO, and CEO of ARK Investment Management, LLC, shared insights on CNBC’s “Squawk Box” about ARK Invest’s latest venture into the crypto space. In partnership with 21Shares, known for being the largest crypto EFT provider in the world, ARK is […]

According to crypto analytics firm Santiment, Solana (SOL) has achieved a notable milestone by surpassing $54 for the first time since May 2022. This price surge has been accompanied by a spike in discussion rates, suggesting increased mainstream attention. Santiment notes that Solana is showing signs of decoupling from other assets, with funding rates being […]

Jamie Coutts, a prominent crypto market analyst at Bloomberg Intelligence, has cast a spotlight on the comparative market capitalization and user engagement levels between two major blockchain platforms, Solana (SOL) and Cardano (ADA). In a post on social media platform X, Coutts analyzed the current standings of SOL and ADA, which are ranked 7th and […]

The price of the smart contract platform Solana ($SOL) is up nearly 300% so far this year and over 50% in the last two weeks, with the rally seemingly mostly being driven by buying pressure on the Nasdaq-listed cryptocurrency exchange Coinbase. According to data from Kaiko, as CoinDesk first reported, the cumulative volume delta (CVD) […]

The smart contract platform Solana ($SOL) has been outperforming the wider cryptocurrency market, and recently managed to break through the $35 barrier as institutional investors keep betting on it, to the point it’s up 70% over the last 30 days. According to available market data, SOL is, at the time of writing, trading at $36.3, […]

The first day of Solana Breakpoint 2023, taking place in Amsterdam from 30 October to 3 November, was a hotbed of innovation and announcements. The conference serves as a focal point for blockchain developers, investors, and enthusiasts to discuss and explore the latest developments in the Solana ecosystem. The Global State Machine: Firedancer Testnet and […]

Former Goldman Sachs executive Raoul Pal is expressing strong optimism for the future trajectory of $SOL, the native token of the Solana blockchain. In a recent discussion with Scott Melker, Pal emphasized the development of Firedancer, a new validator client for the Solana blockchain. As CryptoGlobe reported on October 29, Jump Crypto, a division of the Jump Trading Group, […]

Introduction Firedancer represents a fresh validator client designed for the Solana blockchain. At present, the entire Solana network relies on the original validator client, developed by Solana Labs. While this existing client is effective, it was created in a fast-paced startup setting, leaving room for optimization. Jump Crypto, a division of the Jump Trading Group, […]

James Mullarney, the host of the popular YouTube channel “InvestAnswers,” recently released a video discussing the future of the Solana ($SOL) blockchain and the $SOL token. The video covers a wide range of topics, from market trends and price predictions to technological advancements in the Solana ecosystem. Mullarney starts by providing an overview of the […]

CCData is an FCA-authorised benchmark administrator and a global leader in digital asset data, providing institutional-grade digital asset data and settlement indices. By aggregating and analysing tick data from globally recognised exchanges and seamlessly integrating multiple datasets, CCData provides a comprehensive and granular overview of the market across trade, derivatives, order book, historical, social, and blockchain […]

VanEck Analyzes Solana’s Potential for Blockchain Leadership According to a blog post by global asset manager VanEck published yesterday, the price of $SOL, the native token of Solana, a blockchain platform celebrated for its speed and affordability, could soar to as high as $3,211 or plummet to as low as $9.81 by the year 2030. […]

The price of the popular smart contract platform Solana ($SOL) has risen over 230% so far this year, taking advantage of a wider cryptocurrency market recovery, but significantly outperforming other major cryptocurrencies as investors pour funds into the cryptocurrency. Solana’s price was negatively impacted at the end of last year with the collapse of FTX, […]

Digital wealth platform Yied App, which allows users to earn interest on their digital asset holdings, has recently announced the listing of several new assets, including the popular $XRP token, Polygon ($MATIC), Chainlink ($LINK), and Solana ($SOL). In the announcement, Yield App noted that investors who deposit their digital assets on the platform can earn […]

A crypto analyst known by the pseudonym Bluntz has indicated that Solana (SOL) is on the cusp of a significant breakout. With a social media following of 225,200, Bluntz believes that SOL is poised to make gains against both Bitcoin (SOL/BTC) and the US dollar. Bluntz is optimistic about SOL’s recent price activity, suggesting that […]

On 10 October 2023, Joel Monegro, Managing Partner at Placeholder, a venture capital firm specializing in blockchain and crypto, offered a detailed analysis of Ethereum and Solana through the lens of Android and iOS mobile operating systems. According to Monegro, Ethereum shares similarities with Android, the world’s most widely used mobile operating system. He points […]

According to a report by Bloomberg, Deribit has announced that it will offer “linear options” on $XRP, $SOL, and $MATIC starting in January. In an interview with Bloomberg, the Chief Commercial Officer Luuk Strijers, the Chief Commercial Officer, emphasized that the current low volatility in the digital asset market will not deter the company’s growth […]

Institutional investors have invested in Solana-focused investment products for the 27th week so far this year, with digital asset investment products seeing inflows for the first time in six weeks over the past week, to the tune of $21 million. According to CoinShares’ latest Digital Asset Fund Flows report, inflows over the past week came […]

Cryptocurrency investment products have seen their sixth consecutive week of outflows, with $9 million leaving these products over the past week. Notably, amid these outflows, products offering exposure to Litecoin ($LTC), Solana ($SOL), and $XRP stood out with significant inflows. According to CoinShares’ latest Digital Asset Fund Flows report, this past week saw relatively low […]

Cryptocurrency investment products focusing on three major altcoins, Solana ($SOL), $XRP, and Cardano ($ADA) bucked a bearish trend last week amid outflows of over $54 million for digital asset investment products, with $BTC investment products seeing $45.3 million of outflows. According to CoinShares’ Digital Asset Fund Flows Weekly report, over the last nine weeks eighth […]

In a recent interview with Altcoin Daily, Raoul Pal, the founder of Real Vision and a former Goldman Sachs executive, expressed his bullish stance on Solana (SOL), describing it as one of the most promising projects outside of Ethereum (ETH). According to a report by The Daily Hodl, Pal praised Solana’s co-founder Anatoly Yakovenko and […]

Background Solana Mobile, a subsidiary of Solana Labs, entered the smartphone market with its crypto phone, the “Saga,” in April 2023. A crypto phone is a specialized smartphone designed with enhanced security features to facilitate secure communications and transactions in the world of cryptocurrencies and blockchain technology. Initially priced at $1,000, the Saga’s price was […]

James Mullarney, the host of the very popular YouTube channel “InvestAnswers,” recently spotlighted the increasing institutional focus on Solana (SOL), a blockchain network that rivals Ethereum (ETH). Mullarney underscored that Solana possesses multiple attributes that could drive its price higher. According to a report by The Daily Hodl, Mullarney showcased a chart that compared Solana […]

Cryptocurrency investment products focusing on the smart contract platform Solana ($SOL), Ethereum ($ETH) rival whose performance was negatively affected by the collapse of FTX, have been seeing significant inflows so far this year, and recently recorded its ninth consecutive week of inflows. According to CoinShares’ latest Digital Asset Fund Flows weekly report, in a week […]

The smart contract platform Solana ($SOL) has recently overtaken the meme-inspired cryptocurrency Dogecoin ($DOGE) in terms of market capitalization, to now occupy the position of 8th largest digital asset by the metric. According to available market data, the price of the meme-inspired cryptocurrency has dropped by 16.7% over the past week to now stand at […]

Benjamin Cowen, a popular cryptocurrency influencer with a following of over 780,000 people on the Google-owned video-sharing platform YouTube, has recently shared insights ihis insight into the trajectory of Solana ($SOL), saying it could make a significant turnaround in a way similar to what Cardano ($ADA) did during the previous bear market. Drawing on past […]

In a recent episode of the YouTube-based crypto analysis show, Coinsider, the host made a compelling case for Solana ($SOL), a high-performance blockchain platform. The host’s bullish stance on Solana is based on four key points: Solana’s resilience, its thriving developer scene, its readiness to support groundbreaking projects, and its unique consumer strategy. Here’s a […]

Prominent pseudonymous cryopto analyst “Pentoshi” has been keeping a close eye on Solana (SOL), a rival to Ethereum (ETH). He stated that as long as Solana’s price remains above $22.30, he maintains a positive view on the cryptocurrency. Pentoshi’s analysis is based on high time frame (HTF) price action, a method that focuses on longer-term […]

At a time in which the flagship cryptocurrency’s dominance of the market appears to be dwindling, several altcoins have been showing signs of progress, with Ethereum ($ETH), $XRP, and Solana ($SOL) all moving upward over the last few days. Such a shift in the crypto landscape suggests that a new altcoin season could be on […]

Cryptocurrency investment products focused on three major altcoins – Stellar ($XLM), $XRP, and Solana ($SOL ) – all saw major inflows this month, which led to significant rises in their assets under management, even though the main surge in assets under management came from Bitcoin ($BTC) products. According to CCData’s latest Digital Asset Management Review […]

The second-largest cryptocurrency by market capitalization Ethereum ($ETH) has topped the first institutional grade cryptocurrency ESG ranking, in which it was followed by rival smart contract platforms Solana ($SOL) and Cardano ($ADA). According to CCData’s ESG Benchmark report, which notes Environmental, Social, and Governance (ESG) mandates are “increasingly prevalent amongst institutional investors and funds,” with […]

The price of Ethereum ($ETH) rival Solana ($SOL), a high-performance blockchain using what’s known as Proof-of-History (PoH), the Solana blockchain is able to handle thousands of transactions per second, is up over 100% so far this year, but a leading analytics firm has warned it may be losing momentum. Solana’s recent price surge, according to Santiment, was […]

On 2 July 203, Anatoly Yakovenko, the co-founder of Solana Labs, delved into the intriguing possibility of Ethereum functioning as a Layer 2 (L2) solution for Solana. Layer 2 solutions are bridge protocols that provide one-way security, and Yakovenko believes that Ethereum could potentially offer this for Solana. Yakovenko outlined — via a series of […]

In a recent exchange with Matt Huang, Co-Founder and Managing Partner of Paradigm, a crypto-focused venture capital firm, Ethereum’s creator Vitalik Buterin expressed his concerns over the U.S. policy approach to cryptocurrency. His comments came in the wake of the U.S. Security and Exchange Commission’s (SEC) lawsuits against Binance and Coinbase, two of the world’s […]

The United Kingdom-based financial technology giant, Revolut, has disclosed it’s set to delist three popular cryptocurrencies for its U.S. users, Cardano ($ADA), Polygon ($MATIC), and Solana ($SOL) through an email sent to its users. The move will mean that U.S. users of the popular fintech platform will find themselves unable to buy these cryptocurrencies, while […]

A prominent cryptocurrency analyst who gained a large following on social media after accurately calling bitcoin’s 2018 bear market bottom above $3,000, has recently forecasted a surge of over 100% for Ethereum ($ETH) rival Solana ($SOL). In a tweet shared with their audience of over 220,000 followers on the microblogging platform, analyst Smart Contracter expressed a […]

Introduction This report provides a comprehensive analysis of the cryptocurrency Solana (SOL) based on the latest data as of 19 June 2023. The analysis includes a review of the current price, volume, bid/ask prices, day’s range, technical indicators, and moving averages. Price and Volume Overview As of 03:37 a.m. UTC on 19 June 2023, on […]

Introduction This report provides a comprehensive analysis of Solana’s (SOL) price dynamics, covering technical indicators and moving averages. Price and Volume Overview As of 7:41 a.m. UTC on 17 June 2023, on Binance, the price of SOL is $15.810, which is an increase of $0.960 (+6.46%) from the previous close. The volume of SOL traded […]

New York-based digital assets trading platform Bally has taken a step back, delisting Solana, Polygon, and Cardano, according to the report by James Hunt for The Block, citing an article published in Fortune. The reason? A cloud of regulatory uncertainty that’s casting long shadows over the crypto stage. Marc D’Annunzio, the company’s general counsel and […]

Introduction Welcome to our comprehensive price analysis report for Solana (SOL) as of June 10, 2023. This report is based on price data, technical indicators, and moving average data sourced from Binance at 06:30 AM UTC. We delve into the intricate dynamics of SOL’s price, volume, and key technical indicators. Whether you’re a seasoned trader […]

Introduction Welcome to our comprehensive price analysis report for Solana (SOL) as of June 9, 2023. This report is based on price data, technical indicators, and moving average data sourced from Binance at 11:26:31 UTC. We delve into the intricate dynamics of SOL’s price, volume, and key technical indicators. Whether you’re a seasoned trader or […]

Popular commission-free trading platform Robinhood is rethinking its support for multiple cryptocurrencies, according to the firm’s Chief Legal Officer Dan Gallagher, in light of the U.S. Securities and Exchange Commission’s (SEC) crackdown on crypto exchanges. The SEC has recently filed a lawsuit against the Nasdaq-listed cryptocurrency exchange Coinbase, a day after filing a lawsuit against […]

In a recent Twitter thread, vetetran crypto investor and Solana (SOL) whale Adam Cochran shared his thoughts on the ongoing debate between Ethereum (ETH) and Solana (SOL). Cochran, known for his insightful and often controversial views, stirred the crypto community with his statement that Ethereum is for what truly matters, while other blockchains, like Solana, […]

The Solana Foundation, a nonprofit entity dedicated to the maintenance and development of the Solana blockchain, revealed that it has incorporated artificial intelligence (AI) using a ChatGPT plugin developed by Solana Labs. The developers of Solana informed that the ChatGPT plugin is readily available on GitHub for download, as Cointelegraph reports, as it aims to […]

In a recent interview, Solana Labs Co-Founder Anatoly Yakovenko revealed that the Solana (SOL) blockchain is prepared to accommodate hundreds of millions of users. During an interview with YouTube series Token Terminal, Yakovenko stated that the Ethereum (ETH) competitor has the potential to meet global blockchain needs, considering the affordability of the current bandwidth infrastructure. Yakovenko explained […]

The total value locked (TVL) on the Solana ($SOL) network has grown over 26.5% since the beginning of the year to surpass $259 million, even after the collapse of FTX and its sister firm Alameda Research, which were known SOL proponents and heavily damaged the network’s reputation. The total value locked on the network is […]

Institutional investors have dumped cryptocurrency investment products offering them exposure to top digital assets like Bitcoin ($BTC) and Ethereum ($ETH) over the past week, but have notably kept raising bets on products offering exposure to altcoins like $XRP, Solana ($SOL), Litecoin ($LTC), and Polygon ($MATIC). According to CoinShares’ latest Digital Asset Fund Flows report, this […]

Institutional cryptocurrency investors have raised their bets on cryptocurrency investment products offering them exposure to Solana ($SOL) and $XRP, the native token of the XRP Ledger, during the past week, which saw record outflows from crypto investment products. According to digital asset manager CoinShares, cryptocurrency investment products saw a record-setting $255 million in net outflows, […]

A Solana ($SOL) whale has, according to transaction data from the cryptocurrency’s blockchain, deposited $10.2 million worth of the smart contract platform’s native currency to Coinbase, a leading US-based cryptocurrency exchange. In total, the Solana whale moved 537,352 tokens to the trading platform, in a transaction that came after Solana’s price rose over 16% in […]

A Solana-based alternative cryptocurrency (altcoin) called Access Protocol ($ACS) has seen its price surge over 200% after a major South Korean cryptocurrency trading platform announced it was listing its token. According to a recently published announcement from Upbit, a Seoul-based exchange Upbit, which has been registering more trading volumes than any other exchange in the […]

A cluster of massive Solana whale wallets has transferred over $60 million worth of $SOL to the Nasdaq-listed cryptocurrency exchange Coinbase in a series of transactions that suggests the funds were moved by a single entity. According to data from whale monitoring service Whale Alert, a series of transactions worth between $12 million and $12.5 […]

 A recent research report by Coinbase Institutional looks at the mechanics of the Solana ($SOL) protocol and its competitive positioning in the layer-1 blockchain space. According to this report, which was written by Research Analyst Brian Cubellis and published on 22 February 2023, Solana has faced a turbulent few months, losing nearly 87% of its […]

On Monday (February 27), CoinShares, a leading Europe-based digital asset investment and trading group, reported on last week’s inflows and outflows for digital asset investment products (crypto ETPs and ETFs). According to the latest report from CoinShares, there was a slight outflow of $2 million from digital asset investment products in the week ending on […]

The price of Solana ($SOL) has moved up nearly 30% over the last seven days to now trade above the $26 mark, as the cryptocurrency has been quickly recovering from the collapse of FTX, and as developers keep building on it. According to available market data, Solana has been outperforming most other top digital assets […]

A recent research report on blockchain/crypto developers says that in 2022, among blockchain ecosystems with 1000+ total number of developers, Solana had the highest rate of growth (83%) of ecosystem developer count. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay […]