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Solana’s (SOL) Upward Struggle: Why $190 Remains a Tough Barrier

Solana’s native token, SOL, has seen a notable increase in value, experiencing a 5% rise from $161 on May 26 to $171 on May 27. This upward movement generated optimism among investors, especially since SOL had previously hit $188.90 on May 21. However, the path to sustained growth appears challenging, as several factors contribute to […]

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Solana (SOL) Validators Approve Proposal for Full Priority Fee Control

In a recent landmark decision, Solana validators have voted to alter the distribution of priority fees, signaling a significant shift in the protocol’s economic landscape. The proposal, SIMD-0096, which passed with a 77% approval rate, aims to self-allocate 100% of these fees, effectively ending the current 50/50 split between burning fees and rewarding validators. The […]

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Solana’s DEX Decline: What Does It Mean for SOL Investors?

The recent plunge in Solana’s decentralized exchange (DEX) trading volume has raised concerns about the future of SOL, the native token of the ecosystem. The significant decline hints at a cooling interest in Solana-based memecoins, which could have broader implications for the cryptocurrency. Declining Volume and Market Impact As of May 26th, an analysis by […]

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Solana’s (SOL) 4% Drop: Inside FTX’s $2.6 Billion Discounted Token Sales

The crypto world has been buzzing with controversy following the recent sale of Solana tokens by the bankrupt exchange FTX. The impact of this sale is being felt across the market, with Solana prices dropping by 4% in just the past day. This downturn comes after FTX offloaded a staggering $2.6 billion worth of Solana […]

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Solana’s (SOL) Struggles: Ethereum ETF Approval Leads to $580 Million Un-staked and Price Drop

Market Reaction to Ethereum ETF Approval Triggers Solana Price Decline Solana’s price has faced significant pressure, dropping to a 7-day low of $162 on Friday, May 24, as the crypto market responds to the recent approval of the Ethereum ETF by the US Securities and Exchange Commission (SEC). This regulatory milestone has spurred notable shifts […]

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Solana (SOL) Surges: Leading the Crypto Market Charge as Ethereum Tops $3,500

Bitcoin and Ethereum Surge Amid ETF Rumors The cryptocurrency market is experiencing a significant upswing, with Bitcoin and Ethereum leading the charge. Bitcoin’s price surged to an unprecedented $70,000, sparking a wave of liquidations, while Ethereum has soared past $3,500 amid speculation that a U.S.-based exchange-traded fund (ETF) for ETH could soon be approved. Ethereum’s […]

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Solana’s (SOL) Journey to $200: A Detailed Price Analysis

The cryptocurrency market has been buzzing with activity, and Solana (SOL) is no exception. Investors are keenly watching SOL, which has shown significant bullish trends recently. This article delves into the potential for Solana to break past the $200 mark in the coming days. Bullish Indicators and Market Dynamics The Solana market sentiment has shifted […]

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Analyzing Solana’s Surge: Can SOL Break Through $200 Next Week?

The cryptocurrency market has been buzzing with activity, and Solana (SOL) is no exception. Investors are keenly watching SOL, which has shown significant bullish trends recently. This article delves into the potential for Solana to break past the $200 mark in the coming days. Bullish Indicators and Market Dynamics The Solana market sentiment has shifted […]

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Solana Hits $175 Before Pullback: Analyzing What’s Next for SOL

Solana’s price surge over the past week has caught the attention of the cryptocurrency market. With a remarkable increase of over 20%, SOL managed to reclaim the $175 mark on May 18. However, this achievement was short-lived as the token faced a price correction soon after. This raises the question: is SOL poised for further […]

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The Rise of Solana (SOL) : Achieving 1504 TPS and Redefining Blockchain Speed

Solana’s Surge Fueled by Meme Coin Mania In a recent report by CoinGecko, Solana has emerged as the frontrunner in the blockchain network speed race, propelled by a significant uptick in meme coin activity. This surge has catapulted Solana to a daily rate of 1,504 Transactions Per Second (TPS), showcasing its ability to process transactions […]