Posts

Showing posts with the label sol

Solana Price Prediction for Today, November 27 – SOL Technical Analysis

Image
The Solana price prediction shows that SOL could break above the 9-day moving average and head toward the channel’s upper boundary. Solana Prediction Statistics Data: Solana price now – $231.58 Solana market cap – $110.48 billion Solana circulating supply – 474.82 million Solana total supply – 589.0 million Solana Coinmarketcap ranking – #4 Getting involved early in crypto projects can yield extraordinary returns, as demonstrated by Solana (SOL). Trading between $224.02 and $240.99 over the past 24 hours, SOL has risen an incredible 47,360.34% from its all-time low of $0.5052 on May 11, 2020. Although currently down -9.12% from its all-time high of $263.83 reached on November 23, 2024, Solana’s remarkable growth and resilience make it a standout project in the crypto space. SOL/USD Market Key Levels: Resistance levels: $280, $290, $300 Support levels: $185, $175, $165 SOLUSD – Daily Chart SOL/USD on the daily chart revea...

Weekly Project Updates: SOL Reaches New All-Time High, Magic Eden to Hold TGE on December 10, 10 Trillion BONK Tokens Set for Destruction, etc

Image
1. SOL Hits New All-Time High, Cboe Submits 4 Solana Spot ETF Applications to SEC link Bloomberg ETF analyst James Seyffart shared that Cboe has filed applications with the SEC for four Solana spot ETFs, with issuers being VanEck, 21Shares, Canary Capital, and Bitwise. If the SEC does not reject these applications, the final decision deadline is expected in early August of next year. On Friday, Solana (SOL) surged past $260, setting a new all-time high with a 24-hour increase of 12.11%. The previous record was $259.9, achieved on November 6, 2021, making it 1,100 days since SOL last hit a historical peak. Solana’s Total Value Locked (TVL) has also exceeded $9 billion, marking the highest level since December 2021. The top five protocols by TVL are currently Jito ($3.706 billion), Kamino ($2.441 billion), Raydium ($2.407 billion), Jupiter ($2.373 billion), and Marinade ($2.083 billion). 2. USDS Stablecoin Launches on Solana, Sky Ecosystem Offers Over 500K USDS in Weekly Rewards link The...

Ethena Price Prediction: ENA Pumps 9% As Ethena Labs Mulls SOL USDe Collateral, But Investors Flock To This Meme Coin With A 2,466% Staking APY

Image
The Ethena price surged 9% in the last 24 hours to trade at $0.411 as of 00:24 a.m. EST on trading volume that rose 3% to $417 million. This comes as Ethena Labs, the entity behind the synthetic stablecoin USDe, has proposed adding Solana to the Stablecoin’s collateral mix. If Ethena’s independent Risk Committee approves the proposal, the platform will gradually introduce SOL as a collateral asset for USDe. Ethena Price To Continue Soaring – Sentiment Supported By Main Indicators In October, the price of Ethena plunged through a correction from the $0.35 resistance down to the $0.26 support and then back to the resistance zone, forming a rounding bottom pattern. A slight retrace back to the $0.32 support completed a cup and handle pattern, according to data from GeckoTerminal . The pattern allowed the bulls to push the price of Ethena through a parabolic surge in the last two days, which is reflected in the sharp rise from the $0.30 level to the current price of ...

Solana & Dogecoin: 2024 Price Prediction Analysis

Image
Solana and Dogecoin have become key players in the crypto market, catching the eye of investors worldwide. This analysis looks at their current standings, recent performance, and future price predictions to understand how they might grow. Also Read: Solana Daily Wallet Count Spikes: How High Can SOL Trade This Week? How Market Trends Could Boost Solana and Dogecoin Current Market Positions As of July 22, 2024, Solana (SOL) is trading at $178.41, with a market value of $82.85 billion. Dogecoin (DOGE) is priced at $0.143087. Both cryptocurrencies have shown strength in the changing market, so let’s look closer at the details. Recent Performance Dogecoin’s price has changed a lot over the past year. The chart shows a sharp rise in early 2024, followed by a steady period. Despite these ups and downs, DOGE has kept a fairly stable price in recent months, with an upward trend visible since June 2024. Solana’s price chart shows more steady growth over the same time. The crypt...