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Solana

All articles tagged with #solana

Crypto rally linked to Jane Street lawsuit as 10 a.m. dump fades
business2 days ago

Crypto rally linked to Jane Street lawsuit as 10 a.m. dump fades

Bitcoin, Ethereum and Solana surged as the broader crypto market rallied about 8% to around $2.5 trillion after a lawsuit accusing Jane Street of insider trading sparked chatter that the long-standing 10 a.m. dump had ended. Bitcoin briefly traded above $70,000 with Ethereum up roughly 13% and Solana up over 15%; while analysts noted no public evidence of a fixed selling schedule, the mood shifted from persistent selling pressure to a recovery in the context of Terra-Luna's collapse history.

Solana Gains Momentum with ETF Approvals and Price Surge Outlook
business5 months ago

Solana Gains Momentum with ETF Approvals and Price Surge Outlook

Solana's SOL token rose 7% amid optimism about upcoming U.S. ETF approvals, with filings from major issuers suggesting a potential decision by mid-October. Despite a recent 24% drop and cautious trading signals, accumulation signs and market expectations point to a possible rally if ETFs are approved, though traders remain cautious in the short to mid-term.

Cryptocurrency Market Faces $1.7B Liquidation and Slumps Amid Fading Momentum
cryptocurrency5 months ago

Cryptocurrency Market Faces $1.7B Liquidation and Slumps Amid Fading Momentum

The cryptocurrency market experienced a sharp decline with nearly $1.7 billion in liquidations, primarily affecting leveraged long positions. Dogecoin, Solana, and Ethereum led the losses among top cryptocurrencies, while Bitcoin remained relatively stable. The market downturn reflects a risk-off sentiment and overexposure of leveraged traders, with potential implications depending on upcoming U.S. Federal Reserve rate decisions.

Solana's Path to $300: Institutional Momentum and Market Outlook
cryptocurrency6 months ago

Solana's Path to $300: Institutional Momentum and Market Outlook

Solana (SOL) enters September with a strong historical track record of positive returns and bullish momentum, supported by institutional investments and high trading volumes. The key levels to watch are $195 for support and $215 for resistance; a break above could propel SOL higher, while a drop below $195 might lead to a retest of lower support levels.