Altcoins Like Solana(SOL) & Decentraland(MANA) Could SkyRocket During the Mid-Week

As the Bitcoin price is sustaining above $23,000, the altcoins gain notable bullish momentum and rise high. On the other hand, after surging by more than 10% in the past week, Ethereum's price is also aiming to rise high to test the immediate resistance at $1840.

Timeline of Decentraland, Solana

Over the last seven days, the Metaverse economy's leading cryptos have noted unimpressive price performances. In fact, according to data from CoinMarketcap, ApeCoin's APE and Decentraland's MANA registered gains of only 1.12% and 0.80% over the last seven days.

As civilization goes deeper into the digital sphere, non-fungible tokens (NFTs) have started dominating the investment sector. The world of cryptocurrencies is becoming more intriguing, especially with the introduction of NFTs.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Solana's [SOL] down-channel oscillation finally transposed into a breakout rally, one that helped buyers retest the immediate supply zone over the last ten days.

Decentraland's MANA targets $1.5 as it continued its increase in a fourth straight session so let's have a closer look today in our altcoin news. For the fourth straight session, Decentraland's MANA targets $1.5 with a surge of 2%.

Today's Solana price analysis reveals the cryptocurrency price is moving in a bullish manner as an upward trend has been following, and the price has undergone a notable improvement in the last 24 hours. The bullish upswing has resulted in an impressive enhancement in the price as its value has upgraded to $44.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. On the lower timeframes, Bitcoin [BTC] has held the $23.5-$23.7k area as support over the past couple of days.

On Thursday (July 28), Solana Spaces, which was established with the help of Solana Foundation, announced “the opening of the world's first permanent physical retail, educational, and community space dedicated to Web3” in New York City.

Solana [SOL] algorithmic stablecoin, Nirvana was recently the subject of a $3.5 million exploitation. On Thursday (28 July), it announced via its official Twitter page that it had lost some of its reserves to a flashloan attack.

On July 28th, Solana-based decentralized finance protocol Nirvana Finance confirmed on twitter that it suffered a flash loan attack for USD 3.5 million which immediately led to the nosedive of its native token ANA and stablecoin NIRV. Another dollar pegged stablecoin destabilizes Crypto analytics firm Packshield, had first confirmed the exploit, the attacker used a The post Another Stablecoin Crash; This Time Its On Solana (SOL) appeared first on CoinGape.

Solana price analysis shows highly bullish signs today, as price notched up more than 15 percent following on from yesterday's uptrend. SOL reached as high as $44.23 on the daily chart after initially rising more than 12 percent yesterday.