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Solana (SOL) Network On Hyperdrive As TVL And NFT Trade Volume Soars

newsbtc.com

Solana (SOL) is on hyperdrive as the network quickly gains momentum in terms of liquidity which are seen at more than 300% as of press time. Following a sweeping price decline, Solana has turned the tide with metrics with flying colors.

Read in Full: newsbtc.com
Bitcoin SOL
$ 187.59

Timeline of Solana


Solana price analysis: Can bulls defend the $24.00 support level? - Cryptopolitan

Solana price analysis suggests sideways movement above $24.00 SOL faces resistance at the $26.00 level The closest support level lies at $24.00 mark The Solana price analysis shows that the SOL price action has fallen back to the $24.00 mark as the bearish pressure increases.


Solana Price Prediction as SOL Jumps Up 68% in Just Two Weeks – How High Can SOL Go in 2023? - Cryptonews

Solana price has upheld support above $20.00 against all odds and on the backdrop of the implosion of FTX, which threatened the survival of the ecosystem. The first meme coin on Solana, BONK Inu (BONK) had everything to do with SOL's initial rally that kicked off in late December. Solana price extended the rally into the New Year as the meme coin hype exploded.


Solana network grows in multiple areas: Are the tables turning for SOL - AMBCrypto

On 22 January, Solana [SOL] re-entered the top 10 club after several tough weeks of price decline. Growth was noted in a few areas, such as market capitalization and its NFT ecosystem.


Top Crypto Analyst Predicts Bullish Continuations for Solana and Two Under-the-Radar Altcoins - The Daily Hodl

A widely followed trader says he sees more upside potential for smart contract platform Solana (SOL) and two tokens flying under the radar. Pseudonymous Cantering Clark tells his 158,900 Twitter followers that traders who continue to bet against the Ethereum rival will likely be blown out of their positions by a short squeeze.


Solana [SOL] ranks second by NFT volume, but this might be transitory - AMBCrypto

Solana was performing well in the NFT market over the last 30 days. According to data provided by Delphi Digital, Solana outperformed most cryptocurrencies in terms of NFT volume and managed to secure the second position.


Solana Keeps Positive Radiance But Bears Could Dampen The Mood At This Level - NewsBTC

In recent times, the Solana price has witnessed a considerable upward push, which made the coin breach important resistance levels. Over the last 24 hours, SOL has rallied close to 20%, and in a week's time, the altcoin has appreciated close to 40%.


Solana [SOL] closed Q4 2022 with a decline in key growth metrics - AMBCrypto

House to over 350 decentralized applications (dApps), a new report from Messari revealed that leading open-source blockchain Solana closed the 2022 trading year with a significant drop in its key growth metrics and revenue.


This Bullish Pattern Sets Solana Coin Price To Hit $38.5; Buy Now? - Coingape

The Solana coin price has witnessed a remarkable recovery since the beginning of the new year. Within the past three weeks, the coin price surged 162% and reached the current price of $25.5.Moreover, the steady growth in volume activity and in between minor corrections indicate a sustained growth in SOL price.


Solana price analysis: Bulls are on the move once more, pushing SOL to a $25.34 peak - Cryptopolitan

Solana price analysis is going bullish for today as it reveals that the price has been following an upward movement since yesterday, as the bulls have constantly been striving for the lead. Bulls have finally dodged the ongoing bearish trend as the coin was on the decline previously.


Solana Keeps on Crumbling Due to FTX Ties - LiveBitcoinNews

Solana – a crypto that's otherwise known as SOL to its personal holders – continues to shed value given it's so tied to the fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried. Solana Isn't Doing Too Well FTX is currently in the process of filing bankruptcy.

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Bitcoin Bitcoin
70360.8000 1.01%
Ethereum Ethereum
3568.30000 1.56%
BNB BNB
609.073000 3.65%
Solana Solana
187.845000 2.24%
XRP XRP
0.62181900 1.69%