Solana (SOL) has remained below the $100 mark for 88 consecutive days, marking its longest period under this level since 2020. Despite some price bounces, SOL has failed to break above $100, which now acts as a strong resistance. Meanwhile, the SOL/BTC chart indicates that Solana continues to lose strength relative to Bitcoin, trading within a downtrend and possibly heading towards lower support levels. A clear break above the resistance curve is needed to signal a reversal, but for now, Solana remains weak both in dollar terms and against Bitcoin, suggesting cautious momentum ahead.
Solana (SOL) is experiencing increased network activity and user growth, with over 1.6 million new addresses added recently and $120 million worth of SOL withdrawn from exchanges, indicating rising demand. While SOL struggles to surpass the $100 pric...
Solana's weekly active users surged from 16.8 million to 29.7 million, a 77% increase driven by activity around the memecoin ANSEM. This growth highlights Solana's leading position in blockchain on-chain activity, surpassing competitors like Tron and...
Bitcoin surged to around $62,800 after dropping below $58,000 earlier in July, signaling renewed confidence in the crypto market and easing concerns of a deeper fall to $50,000. Ether also recovered to about $1,760 following a recent dip. While major...
Solana saw a surge of 1.6 million new addresses in two weeks, signaling stronger network activity and ecosystem growth. This increased participation supports a positive market outlook as SOL maintains its short-term uptrend, holding key support level...
Solana's decentralized blockchain now ranks second worldwide in spot crypto trading volume, processing about $12.25 billion, trailing only Binance. Its decentralized exchanges surpassed Coinbase and Kraken combined, driven by low fees, high speed, an...
