The latest news and prices of the Solana (SOL) and Helium (HNT) crypto assets

What are the latest news and prices of the two crypto projects Solana (SOL) and Helium (HNT)? Here is what was announced recently at Breakpoint 2023, Solana's event held in Amsterdam between 30 October and 2 November.

Timeline of Helium, Solana

Ethereum Layer-1 competitor Solana continues with its unstoppable price rally gaining another 7% and moving past $47 as of press time. The recent SOL price rally comes amid a strong push offered by the news of BlackRock filing for a spot Ethereum ETF.

A crypto analyst who nailed the top of the 2021 Bitcoin (BTC) bull market says Solana (SOL) will likely pull back after a big rally. Pseudonymous analyst Pentoshi tells his 706,400 followers on the social media platform X that Solana could dip by more than 25% from its current value.

The cryptocurrency market is getting cautious as Solana (SOL) approaches a potential inflection point. Market analysts are closely monitoring the $31.2 million worth of SOL, which poses a significant risk of increased sell pressure.

FTX recently transferred approximately $316 million in digital assets to various crypto exchanges, according to on-chain data. Over the past several weeks, the beleaguered crypto exchange has been rapidly divesting portions of its crypto holdings, including assets like Solana (SOL) and Ethereum (ETH), as part of its bankruptcy proceedings.

Solana (SOL) is one of the top performers, looking at price action in the weekly chart. According to Kaiko, SOL's net buying, measured via cumulative volume delta (CVD), has been led by Coinbase, one of the most active cryptocurrency exchanges in the past few trading weeks.

The future of crypto payments is not just a possibility but a current reality actively reshaping financial transactions worldwide, according to Austin Federa, Head of Strategy at Solana (CRYPTO: SOL) Foundation. Federa's insights, shared ahead of Benzinga's Future of Digital Assets conference slated for Nov. 14, reveal a significant shift in the economic landscape, driven by the efficiency and cost-effectiveness of blockchain technology.

While the broader altcoin space has come under some sort of consolidation recently, XRP and Solana have continued to head northwards in a show of strength. XRP Price on the Upmove The XRP price has shot up by 3% in the last 24 thereby moving closer to $0.60 while taking its market cap to $31.7

This recovery comes after a significant drop following the FTX incident, where the coin fell to as low as $8 in the fourth quarter of 2023. However, it has been steadily bouncing back over the past 11 months.

SOL's price initiated a significant rally, surpassing the $32 resistance against the US Dollar. Currently, it's trading above $35 and is also positioned above the 100 simple moving average over a 4-hour timeframe.

Solana Price Prediction: As optimism gradually returns to the cryptocurrency arena, the SOL coin has embarked on a robust recovery, recently hitting a 10-month high of $35. While the ongoing bullish momentum appears sustainable, a long-standing resistance trendline, situated around the $35 mark within a channel pattern, suggests that this altcoin could face considerable selling