Browsing:SOL

Solana (SOL) Experiences Surprise 15% Pump in Value
8 months ago 1 min read

Solana (SOL) Jumps 15% in Unexpected Price Rally

Over the past 48 hours, Solana has taken the cryptocurrency market by surprise with a substantial price surge, now sitting at $24.41. This unexpected leap has propelled Solana beyond a significant resistance level known as the 200 Exponential Moving Average (EMA), a crucial point of interest for traders. What makes this rally even more intriguing is the fact that Solana has recently been heavily shorted, raising the possibility that we might be witnessing the outcomes of a short squeeze. The crypto market has been abuzz lately, especially due to Bitcoin’s recent climb to $28,000. This bullish sentiment appears to be

Solana (SOL) is grabbing attention as it broke out of its latest price
8 months ago 1 min read

Solana (SOL) Breaks Out

Solana (SOL) is grabbing attention as it broke out of its latest price. In the latest price analysis, one SOL token is currently trading at around $22.80. This development is capturing the interest of traders and investors, especially those closely monitoring the SOL/ETH trading pair. The significance of this potential breakout cannot be overstated. It holds two-fold importance for the cryptocurrency community. Firstly, it signals an uptick in Solana’s volatility, potentially opening up more trading opportunities and the prospect of higher returns for market participants. Secondly, and perhaps even more intriguingly, it hints at Solana’s growing dominance in specific aspects

Solana Skyrockets 40% in 30 Days
10 months ago 1 min read

Solana (SOL) Soars 40% in a Month Amid SEC Action and Delistings

Despite facing regulatory challenges and a wave of delistings, Solana (SOL) has showcased remarkable resilience and made a strong comeback in recent weeks. Crypto has emerged as one of the top-performing digital assets, defying the odds and demonstrating its strength during a period of recovery. At the time of writing on July 13, Solana was trading at $21.84, experiencing a minor 0.62% decline in the past 24 hours. However, over the past 7 days, SOL has witnessed a notable rise of over 10%, making it the second-best performing crypto token on the weekly charts, closely trailing Compound (COMP). The real

Solana (SOL) Witnesses Unprecedented $1 Billion Inflows
10 months ago 1 min read

Solana (SOL) Sees Over $1 Billion Inflows in 24 Hours: Key Factors Behind the Pump

As the cryptocurrency market trades sideways, Solana (SOL), a decentralized finance (DeFi) platform, stands out with significant buying pressure and impressive price gains. With a market capitalization of $8.96 billion and a $1.02 billion inflow in the last 24 hours, SOL has demonstrated its strength and resilience in the face of market uncertainties. SOL’s price trajectory has remained positive, holding above the $20 support level and currently valued at $22.17 with nearly 12% daily gains. The asset has seen a weekly increase of over 20%. While the exact catalyst for this surge is not identifiable, it coincides with notable network

Revolut Ends Support for Cardano, Polygon, and Solana in the US Market
11 months ago 1 min read

Revolut Withdraws Support for Cardano, Polygon, and Solana in US Market

In a recent email sent to its U.S.-based users on June 28, the prominent U.K. fintech firm Revolut dropped a bombshell announcement: it is discontinuing support for three major cryptocurrencies. Cardano (ADA), Polygon (MATIC), and Solana (SOL) will no longer be available for purchase through the Revolut app, effective immediately. Furthermore, Revolut plans to take things a step further in the future. At an unspecified date, users will no longer be able to hold or sell these cryptocurrencies within the platform. Instead, Revolut will automatically liquidate the tokens and deposit the equivalent cash into each user’s Revolut account. It is

PepeCoin (PEPE), a popular frog-themed meme coin, led the market's daily decline with a substantial 14.9% drop since Monday.
11 months ago 1 min read

PEPE Loses 10% Amid SEC Crackdown on Binance

The crypto market faced a sharp decline, with a 3.6% drop in total market capitalization, following the announcement of a new lawsuit by the United States Securities and Exchange Commission (SEC) against Binance, a prominent cryptocurrency exchange. In the lawsuit, the SEC alleges that Binance and its CEO, Changpeng Zhao, failed to comply with regulations by allowing U.S. users to access Binance.com, engaging in unregistered crypto offerings and sales, and operating as an unregistered exchange, broker, and clearing house. The SEC’s Director of Enforcement, Gurbir S. Grewal, emphasized that the alleged actions put customers and investors at risk while prioritizing

the SEC identified SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities
11 months ago 2 mins read

SEC Labels 10 Tokens Securities in Binance Lawsuit

The U.S. Securities and Exchange Commission (SEC) has intensified its regulatory actions against cryptocurrencies, as it included 10 additional tokens in its charges against Binance on Monday. According to court documents, the SEC identified SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities, referring to them as “crypto asset securities” in its complaint. The SEC alleges that Binance unlawfully solicited U.S. investors to engage in trading these tokens through unregistered platforms. The SEC’s court filing against Binance and its CEO Changpeng Zhao (CZ) encompasses a wide range of crypto securities law violations. The complaint accuses the

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