In Brief Solana’s price is currently moving in an ascending triangle pattern, per which a 25% rally is possible. The Relative Strength Index sustaining in the bullish zone is an indication of broader market bullishness. Sharpe Ratio nearly recovering from negative to positive could attract new investors to the altcoin. Solana’s (SOL) price is making…
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In Brief Crypto traders are moving from Solana to Coinbase’s Base meme coins, indicating a shift in market focus. Rekt Fencer, who allegedly made over $1 million from Solana memes, champions the potential of Base tokens. Coinbase to launch a service for over 100 million users to trade Base coins easily, boosting the sector’s appeal.…
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In Brief Solana emerges as the “Apple of crypto,” innovating with a focus on leveraging hardware to enhance the Web3 experience. Its network performance and commitment to community and ecosystem development set it apart as a serious competitor. Technical enhancements and strategic partnerships reflect Solana’s leadership in bridging blockchain with financial systems. New research suggests…
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Over the weekend, Solana-based memecoins pre-sale frenzy had generated around $100 million. The developer of the Slerf memecoin inadvertently burned both the liquidity pool and the 500 million tokens designated for pre-sale participants in a botched launch today. The project had successfully raised over $10 million during its pre-sale. Over the weekend, the project was one of…
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Solana is up 7% over the past 24 hours as Bitcoin takes a breather, down 7% from its all-time high. Bitcoin had the most volatile weekend in a year as Bitcoin slipped as low as $64,550 after reaching a new all-time high of $72.760 on Thursday, March 14. As of press time, Bitcoin has recovered…
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Filecoin has surged to a new yearly high amid significant development within its ecosystem. The decentralized storage protocol’s FIL token price soared to a yearly peak of $8.43 but has slightly corrected to $7.92 as of press time, according to Viphkoone data. Notably, FIL is the only digital asset among the top 25 cryptocurrencies by market capitalization that…
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In Brief Filecoin and Solana have announced a strategic integration aimed at enhancing data scalability and accessibility within the blockchain ecosystem. By leveraging Filecoin’s decentralized storage capabilities, Solana aims to optimize block history accessibility, reinforcing its infrastructure reliability. The collaboration spurred a positive market response, with Filecoin witnessing a surge while Solana’s native SOL token…
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In Brief Dogecoin on Solana network soars by 1,401,490% in a day, then retracts to near initial levels. The meme coin Dogwifhat (WIF) spikes 25% in 24 hours, influenced by LeBron James’ hat choice. Solana’s meme coin Smog (SMOG) surges over 2,500% in a week, highlighting market volatility. In the crypto market, where trends can…
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The partnership aims broaden ADGM’s blockchain and Web3 ecosystem in Abu Dhabi by exploring joint initiatives and projects. The Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MOU) with the Solana Foundation to drive the adoption of Distributed Ledger Technology (DLT) solutions and propel blockchain innovation, according to a Feb. 7 press…
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In a nutshell The Solana network recorded more than 884,000 dynamic tends to on January 31, showing uncommon development. The Jito airdrop in December 2023 and expanded movement in local decentralized trades added to Solana’s dynamism. The Jupiter Trade’s airdrop and the impending ones are viewed as key in cultivating local area commitment and client…
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