Solana [SOL] is back below $50 and here’s what investors need to do

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Technical analysis of Solana showed that, on the longer timeframes, the price continued to trade within a bearish market structure despite its bounce from the $40 area. Across the altcoin market, there was a bounce … Read more

Are Terra developers migrating to AVAX, SOL, MATIC & ADA? The metrics say…

TerraUSD [UST] coming loose from its peg didn’t just drag down the price of the stablecoin, but led to LUNA’s market cap also diving and sent a shockwave of fear and anger through the communities participating in these projects. But it’s not just a question of price, as investors speculated that Terra developers would migrate … Read more

Solana [SOL] rebounds from the $60 mark, should investors go long now

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Bitcoin reached lows that it had last traded at in July 2021, and Solana reached an area of demand from last August. Does that mean a relief rally is around the corner? In a way, … Read more

Is the NFT hype fizzling out or is there something else at play here

Recently published report suggests a major downtrend in NFT sales. This led to calls of a worrying NFT market sentiment which are gradually being quashed after big performances recently. Nonfungible published a report talking about the NFT market performance during the Q1 of 2022. The report has raised many eyebrows after being published, indicating a depleting … Read more

Will Solana [SOL] be able to repair investors’ confidence in May

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Solana investors had reason to worry based on the token’s performance on the charts. The network also suffered yet another major outage recently as NFT mining bots sent millions of transactions to the network, … Read more

Solana: Despite poor performance on the charts, SOL continues to expand its reach

The persisting problem of the network outages on Solana has left investors annoyed and frustrated. Still, the larger impact this problem can have is completely overlooked at the moment.  Any chain that is prone to repeated network issues is bound to lose its investors, especially since many of the individuals using the network and the … Read more

The bullish case for everything from Ethereum-Solana rivalry and…

Michael Saylor, CEO at MicroStrategy, makes a tough prediction for Solana and Binance to come up against Ethereum. His comments come at a bad time for Ethereum community with their precious platform further delaying the Merge. In a recent podcast with Lex Fridman, Saylor was asked to comment on the future of crypto platforms, and … Read more

Algorand: Can news of its launch of carbon offsetting protocol revive its price action

One of the most significant issues in the crypto world is the impact it has on the environment. The likes of Bitcoin and Ethereum, which run energy-intensive proof-of-work consensus system, tend to increase the criticism. However, to counter the same, there are chains such as Algorand as well that are coming up with ingenious methods … Read more

OpenSea confirms listing Solana NFTs from April, but here’s the caveat

Leading NFT marketplace, OpenSea, recently shared a teaser on Twitter – confirming a months-old speculation that OpenSea will be listing Solana-based NFTs on their platform from April. Captioned as ‘the best kept secret in web3’, it spoke about the months of anticipation and inquiries made by NFT enthusiasts across the Solana blockchain. The best kept … Read more

Solana leads institutional inflows but this new development may prove harmful

Solana is slowly building its prominence on all fronts. After entering the top 10 cryptocurrencies in the spot market and establishing itself as one of the leading chains on the DeFi and NFT front, Solana is now targeting the institutional investors and quite successfully at that. Solana brings in big bucks While the performance of … Read more