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Solana price analysis: Bears drag price levels down to $31.19

www.cryptopolitan.com

The latest Solana price analysis is showing signs of a downtrend, as the price has been following a decreasing movement for the last 24 hours. Although the cryptocurrency was under the bullish influence earlier this week, bears have taken control and dragged SOL/USD levels down to $31.19 at the time of writing.

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Bitcoin SOL
$ 172.81

Timeline of Solana


Solana: This recent update could hold the answers to network stability - AMBCrypto

Despite its capabilities, Solana has been beset by what seems to be a curse: uncontrollable outages. The chain has experienced seven outages since its founding in 2020, each for a different cause.


Cloud service provider Hetzner blocks access for Solana validators over TOS breach - CryptoSlate

Cloud service provider Hetzner has stopped providing its services to Solana (SOL) validators, according to a screenshot shared by stake pool operator SolBlaze on November 2. The post Cloud service provider Hetzner blocks access for Solana validators over TOS breach appeared first on CryptoSlate.


SOL holders might want to look away from these metrics because - AMBCrypto

Solana, a network that at its start was widely touted as the Ethereum killer, hasn't really lived up to its reputation. Due to the numerous downtimes, the chain has earned the skepticism of investors and builders.


Coinbase to support two low-cap Solana (SOL) based altcoin projects - Cryptopolitan

Top crypto exchange Coinbase has been leading in their support for altcoins, adding altcoin support regularly to their platform. The latest move is the announcement of their support for two low-cap Solana (SOL) based altcoins.


Solana SOL Price Rebounds 4% Following Instagram, Facebook NFT Wallet Support - BeInCrypto

Social media platforms Instagram and Facebook (Meta) have announced support for the native Solana wallet Phantom, causing the SOL price to bounce 4%. The post Solana SOL Price Rebounds 4% Following Instagram, Facebook NFT Wallet Support appeared first on BeInCrypto.


Solana (SOL) To The Moon? Crypto Analyst Sees 50% Spike If This Happens - Benzinga

A closely watched cryptocurrency analyst says that Solana (CRYPTO: SOL) may be in for a big rally. What Happened: Altcoin Sherpa, a pseudonymous crypto analyst with 186,200 Twitter followers, believes that Solana could see a 50%+ rally if key exponential moving averages on the four-hour time frame remain intact.


1,000 Solana Validators Go Offline as Co-Founder Claims No More Outages by End of Year - BeInCrypto

Solana co-founder Anatoly Yakavenko has said that Solana's new validator, due by the end of 2022, will improve the reliability of the network. The post 1,000 Solana Validators Go Offline as Co-Founder Claims No More Outages by End of Year appeared first on BeInCrypto.


1,000 Solana validators go offline as Hetzner blocks server access - The Block

The German cloud provider has blocked server access to Solana validators, causing a portion of the network's stake to become delinquent. The post 1,000 Solana validators go offline as Hetzner blocks server access appeared first on The Block.


This tiny SOL detail could leave investors in a zen state of mind for the rest of 2022  - AMBCrypto

Solana [SOL] recently faced backlash from the crypto community because of the outages in the second half of 2021 and first half of 2022. These mishaps raised several questions from the Web3 community related to the reliability of the blockchain.


Solana (SOL) Price Prediction: Here's Why $50 Is Closer Than You Think - BeInCrypto

The Solana (SOL) price might have completed both long- and short-term corrective patterns. If the ongoing breakout manages to reclaim the $37.60 area, the rate of increase could accelerate further.

Bitcoin Bitcoin
67054.2000 0.19%
Ethereum Ethereum
3110.13000 0.34%
BNB BNB
578.921000 -0.17%
Solana Solana
173.402000 0.28%
XRP XRP
0.52028400 -0.57%