Solana-Based Altcoin $ACS Jumps Over 2005 After New Major Crypto Exchange Listing

A Solana-based alternative cryptocurrency (altcoin) called Access Protocol ($ACS) has seen its price surge over 200% after a major South Korean cryptocurrency trading platform announced it was listing its token.

Timeline of Access-protocol, Solana

Solana lost its key support at $20 and is now accelerating down. Solana Price Analysis Key Support levels: $17, $15 Key Resistance levels: $20, $23 SOL failed to maintain its price within the descending triangle, and with the support at $20 turned into resistance, it's currently in search of support.

A cluster of massive Solana whale wallets has transferred over $60 million worth of $SOL to the Nasdaq-listed cryptocurrency exchange Coinbase in a series of transactions that suggests the funds were moved by a single entity. According to data from whale monitoring service Whale Alert, a series of transactions worth between $12 million and $12.

A Solana (SOL)-based altcoin is exploding in price after earning surprise support from top Korean cryptocurrency exchange UpBit. According to UpBit, the crypto change is adding support for Access Protocol (ACS), which is a new content monetization crypto project built on top of Solana and Ethereum scaling solution Starknet.

Benzinga brings you the top 7 trending tokens of the day, based on the most searched tokens on CoinGecko in the past 24 hours. Let's dive into the details and find out what's causing the buzz.

As the cryptocurrency market continues its struggle to remain above the $1 trillion psychological threshold, Solana (SOL) is feeling the pain as well, and the crypto community is trying to get a sense of where its price could be by the end of the third month of 2023.

Solana [SOL] continued consolidating near local highs, showing buyers aren't exiting just yet. Despite last week's network outage, SOL didn't drop below the support; a retest could offer ideal buying opportunities.

Developers and validators of the Solana blockchain have decided to restart the network following a prolonged slowdown over the weekend that pushed the value of its native SOL token off the cliff and brought almost all the transactions to a halt.

The Solana blockchain is once again in the spotlight following a significant outage that lasted over 20 hours on Feb. 25. The blockchain has suffered a dozen outages in the last two years, and experts point to the design of the system as the main reason behind its performance issues.

Solana Foundation releases a report on hours-long network slowdown and technical problems that started on Saturday. The blockchain suffering yet another outage has caused immense angst in the community as a major issue happened during the upgrade from 1.13 to 1.14.

Key Points: Solana, the high-performance blockchain platform, experienced a mainnet beta outage that lasted for over an hour on February 25, 2023. During the incident, the network could not process transactions, and nodes could not communicate with one another.