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Solana’s price has recently reached an impressive $180, marking a 65% increase since September. This substantial growth underscores the network’s rising momentum, positioning Solana as a strong contender in narrowing the gap with Ethereum. With whales actively purchasing and staking $SOL, it’s clear that major investors are taking advantage of Solana’s upward trajectory. One notable … Read more
Solana ($SOL) is capturing major attention from crypto whales, with several high-value withdrawals and record-breaking metrics signaling strong interest in the asset. Notably, a whale using the address “AA21…VxH9” recently withdrew 153,511 $SOL, worth $26.4 million, from Binance over the past six days and staked it, indicating a long-term strategy. Similarly, “EHax…gAUa” pulled 35,498 $SOL … Read more
Solana’s surging fees are correlated with growing trading activity on the network’s leading decentralized exchange, Raydium. Go to Source
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research. Go to Source
Solana ($SOL) has seen a massive spike in on-chain trading activity this week, with volumes jumping 50% to reach an impressive $51 billion. This surge has put Solana ahead of Ethereum ($ETH), which recorded $46 billion in trading volume during the same period. A major driving force behind Solana’s growth is the rising popularity of … Read more
A newly created wallet has been actively withdrawing $SOL from #Kraken over the past two days, redirecting funds towards $GOAT purchases. So far, this investor has spent 11,599 $SOL, equivalent to $1.79 million, to acquire 9.57 million $GOAT tokens, valued at $3.12 million. This move has already yielded an unrealized profit surpassing $1.3 million, showcasing … Read more
Investor and trader sentiment around Solana ($SOL) has soared to a 9-month high, with a strong bullish outlook reflected across social media platforms. For every bearish post on X, Reddit, Telegram, 4Chan, and BitcoinTalk, there are 5.6 bullish ones, showcasing the renewed optimism around the #5 ranked cryptocurrency by market cap. 🤯 Updating our Solana … Read more
Crypto sleuth ZachXBT accused Ansem of promoting “hundreds” of low market cap memecoins to his followers, which he claimed could have an outsized effect on their price. Go to Source
Solana is making waves in the blockchain world, leading net inflows in September with a staggering $763 million, outpacing all other blockchains combined. ‼️BREAKING: #Solana DeFi TVL Hits $5.70B, Reaching Levels Last Seen 1,000 Days Since the Peak In January 2022. pic.twitter.com/zXWQMwdP7w — CoinEcho (@mycoinecho) October 1, 2024 This influx highlights the increasing momentum behind … Read more
Solana’s market cap could reach 50% of Ether’s due to its superior transaction throughput, according to asset management giant VanEck. Go to Source
