Solana price up 50% in two weeks, but here’s why $120 will be hard to crack
Sales volume across Solana’s NFT marketplaces has dropped by more than 13% in the last 30 days. Go to Source Powered by WPeMatico
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Wisdomtree Launches 3 Crypto ETPs Offering Exposure to Solana, Cardano, Polkadot
On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the new crypto investment products are currently listed on Börse Xetra, SIX, and the Swiss Stock Exchange. Wisdomtree Launches Cardano, Solana, and Polkadot Exchange-Traded Products Wisdomtree … Read more
Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday’s Gainers
Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today’s gainer, with FIL gaining over 30% in the session. Filecoin (FIL) FIL rallied by as much as 30% to start the week, … Read more
NeoNexus founder pulls the plug on popular Metaverse NFT project
Estimates suggest the metaverse project raised 25,000 SOL at its NFT mints, earning between $2 to $4 million. Go to Source Powered by WPeMatico
More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized exchange (dex) platforms and lending applications, allowing people to … Read more
Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO
On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active wallets, and the following day the team announced the DAO roadmap. … Read more
Solana’s weekend bounce risks turning into a bull trap — Can SOL price fall to $60 next?
More bearish cues for SOL comes from a bull flag setup that’s now breaking to the downside. Go to Source Powered by WPeMatico
Coachella Music and Arts Festival Partners With FTX US to Issue Solana-Based NFTs
The Coachella Valley Music and Arts Festival is stepping into non-fungible token (NFT) technology space, according to the festival’s official Twitter account. Coachella partnered with the crypto exchange FTX US, and the NFTs are minted on the Solana blockchain. Coachella Partners With FTX US to Mint Solana-Based Digital Collectibles Since 1999, the festival co-founded by … Read more
Bitcoin, Ethereum Technical Analysis: Ethereum Down 6%, Crypto Red Wave Returns
Bitcoin and ethereum saw recent losses extended on Thursday, as global cryptocurrency markets declined during today’s session. Solana was also in the red, trading nearly 15% lower today. Bitcoin Following Wednesday’s drop in prices, BTC/USD declined for the second consecutive session, trading 5.25% lower as of writing. This selloff saw prices hit an intraday low … Read more
Solana price ‘bear flag’ paints $50 target as Wormhole hack exposes security hole
The bearish continuation setup could push Solana price dropping to nearly $50 in the sessions ahead. Go to Source Powered by WPeMatico
