El precio de Solana ($SOL) podría recuperarse pronto a medida que los comerciantes capitulen, según muestran los datos

El rival de Ethereum ($ETH), Solana ($SOL), pronto podría ver su precio aumentar ya que los inversores han comenzado a capitular, que históricamente ha sido el momento en que los mercados se recuperan y los precios se recuperan.

Timeline of Solana

Solana price analysis confirms an increasing trend for the day as the green candlestick has returned on the price chart once again. Although a downtrend was at its peak in the earlier days, today's trend has been relatively in favor of the buyers.

Chainlink rallied to a 12-day high earlier in today's session, as the token neared the $7.00 level. The move comes as prices rose for a fourth straight session, climbing by over 5% on Thursday. Solana has been another notable gainer, as prices closed in on a ten-day high.

Solana — a major web 3.0 protocol once acclaimed by many as an “Ethereum-killer”, but was greatly damaged by its ties to now-bankrupt exchange FTX — is showing some upwards potential once again.

The cryptocurrency market cap saw net inflows of $1.7 billion over the last 24 hours and currently stands at $830.96 billion, up 0.2% over the reporting period. The post CryptoSlate Daily wMarket Update – Nov. 23: Resurgent Solana re-enters top 10 appeared first on CryptoSlate.

The cryptocurrency market is making shy progress after weeks of being caught in the turmoil that followed the collapse of FTX, once among the largest crypto exchanges in the world, with Solana (SOL) leading the recovery.

A closely followed crypto analyst is warning Solana (SOL) holders that the smart contract platform's downtrend is likely far from over. In a new strategy session, pseudonymous analyst Cheds tells his 50,200 YouTube subscribers that he's bearish on Ethereum (ETH) rival Solana and that he plans to short SOL should it bounce to $15.

The general cryptocurrency slump left all assets clinging to the support levels to stay afloat. Solana (SOL) was one of the most affected by this movement, deviating from its all-time high of $260.06 to currently trading at $13.75.

Solana (SOL) had taken a significant hit in value as the cryptocurrency market was devastated by the liquidity crisis at FTX; however, on November 23, the token underwent a massive rally.

On Tuesday (22 November 2022), Synapse COO Max Bronstein explained why be believes that this might be a great time to invest in $SOL, the native token of the Solana blockchain. Here is how Coinbase described Solana in a blog post published on 29 June 2022: “Solana is a decentralized computing platform that uses SOL to pay for transactions.

Ethereum and Solana are leading the top NFT collections across protocols, showing resilience in the winter slowdown that the rest of the market is witnessing. The post Solana NFT Prices are Defying Crypto Winter.