Solana Up By 17% – Is This a Good Time to Buy?

Following a huge sell-off, the cryptocurrency market has been in dire conditions for the last month. Several cryptocurrencies have followed suit, with several losing double-digit .

Timeline of Solana

Solana price analysis shows that the Solana (SOL) price is down 5.6 percent in the last 24 hours as the broader cryptocurrency market continues to correct lower. The sell-off has seen SOL drop to lows of $29.85 after a long-term bearish market that has been seen in the previous days.

Solana, one of the fastest-growing ecosystems in the crypto space, has announced the rollout of new features to enhance the stability of its network. Solana's Stability Update The platform suffered severe performance degradations on three different occasions in the last…

The Solana new gas fees will not make the network expensive according to the co-founder of the platform Anatoly Yakovenko which we are reading more about in our latest blockchain news. Solana new gas fees structure could lead to gas wars for big NFT drops but it won't cause the fees to rise on the

Solana price analysis is showing bullish signs once again after an extended period on the sidelines where price crashed to a 3-month low at $26.06. SOL has been subject to bearish dominance largely since July 2021 which has pushed price down almost 88 percent from the all-time high of $259.90.

SOL was nearly 10% higher on Thursday, as crypto prices rebounded following recent losses. The rebound comes a day after the latest Fed rate hike, with TRX also gaining on the news. Solana (SOL) SOL was trading higher during today's session, spurred by the latest Federal Reserve rate hike. Following a low of $28.46 on

SOL was once very popular as it emerged on the heels of Solana's aggressive growth, aiming to be the Ethereum killer. Fast forward to present day, however, and Solana is not as hyped as it used to be.

Last week's sell-off in the crypto market pulled the Solana(SOL) price below the prior lower low support of $40. The breakdown tumbled the altcoin by 22% as it reached near the $26 mark.

Streamflow is pleased to announce a $3.1 million seed round headed by Jump Crypto and including participation from other investors like Solana Ventures, GBV, MEXc Labs, Paribus Ventures, Hypersphere, IVC, Genblock Capital, AngelDAO, T3E, AmberGroup, Solidity Ventures, Ratio Finance, and Huobi Ventures The funds received will be used to expand the team and develop a …

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin [BTC] faced intense selling pressure and fell to the $20.8k mark as it experienced a 26% drop in under two days.

Data from leading digital asset manager CoinShares suggests that throughout 2022, institutional investors have shown a heavy preference to smart contract platform Solana (SOL). According to the latest CoinShares Digital Asset Fund Flows Weekly report, institutional investors have poured over $108 million into Solana (SOL) investment products this year, the most of any altcoin by far, The post Solana (SOL) Dominating Institutional Capital Flows for 2022 As Crypto Carnage Continues: CoinShares appeared first on The Daily Hodl.