CoinLoan Offers Lavish APY rates to Mark Introduction of Solana

This blockchain is developing fast, with SOL being widely used as a staking tool and a transaction fee.Tallinn, May 10, 2022 (GLOBE NEWSWIRE) -- Amid robust consumer demand, CoinLoan has extended its offering with Solana (SOL), one of the biggest cr...

Timeline of Solana

As with the rest of the market, Solana fell terribly on 9 May and ended up reaching the same all-time high it was at in May 2021. However, the various ecosystem developments around Solana are trying to push the bearish narrative aside.

JetGovern offers a new way for borrow and lend participants to confidently participate in the best of DeFi NORTHAMPTON, Mass.--(BUSINESS WIRE)--Jet Protocol is an open source, non-custodial liquidity protocol on the Solana Blockchain pushing the envel...

The digital asset industry is evolving at a breakneck pace, and new trends are being formed as developers continue to explore the different use cases of blockchain technology. Crypto trends such as decentralized finance (DeFi), non-fungible tokens (NFTs), GameFi, Web3, and the Metaverse, have received massive attention, and investors are looking for ways to profit

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin reached lows that it had last traded at in July 2021, and Solana reached an area of demand from last August. Does that mean a relief rally is around the corner?

The Solana price analysis shows rising signs as the market shows massive upside potential. The bulls have regained their control of the Solana market, which will change the course of the market for the better, and SOL now expects the bullish period to take over in the next few days.

Amid robust consumer demand, CoinLoan has extended its offering with Solana (SOL), one of the biggest cryptocurrencies in terms of market capitalization. This blockchain is developing fast, with SOL being widely used as a staking tool and a transaction fee.

The Solana price analysis reveals SOL prices are currently testing the lowest price level this year 2022 as it hits the $70.06 mark. The bears have been in control of the market since the beginning of this month as they push prices down from the $109 high.

In our latest installment of ‘Blue Chip NFTs 101,' we're taking a dive into non-Ethereum chain NFTs; we'll be working our way through top 10 blockchains and their biggest NFT projects, all while still highlighting major noteworthy projects that are on Ethereum. In our first piece in the series, we covered the remarkable rise of ‘Moonbirds,' the latest NFT project that has seemingly skyrocketed to blue chip status practically overnight.

NFT trading volume has been on a robust momentum since April and the pace is just right for May with Solana and Moonbirds NFTs such as Okay Bears triggering the increase in NFT sales volume since April. According to DappRadar, there is a monumental 45% climb in organic trading volume of NFTs in April in comparison to the previous months.

Solana price analysis for today shows the prices opened the daily trading session trading at $83.82 and have dipped further to lows of $82.06, at the time of writing. The market is currently bearish on SOL prices as the 7-day moving average crosses below the 21-day moving average.