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

Is Solana [SOL] NFT market in trouble? Here’s what you should definitely know

The crypto market has been reeling under bearish pressure for quite some time now. But a few altcoins have defied the current market structure. One such alt was Solana. In the last seven days, SOL was up by 16.06%. However, there still remain concerns related to some of its on-chain metrics. What’s up with Solana? … Read more

Monero [XMR], Solana [SOL], and their redemption journey post 16 May

Unlike Crypto OGs, newbies and paper hands in the crypto space are not familiar with the popular saying “with hardship comes ease”.  With FUD at an all-time high last week following crypto markets correction, the price of Bitcoin and several other altcoins plummeted. However, last weekend was marked with a retracement as most cryptocurrencies attempted … Read more

Solana [SOL] is holding above $50 after the Terra debacle, but this could happen next 

It’s been a rough couple of weeks for the Solana [SOL] token that has been dealing with some new crypto assets as market cap neighbors after Terra [LUNA] and TerraUSD [UST] crashed down the rankings. However, at press time, the eighth biggest crypto token by market cap was worth $54.50, after rallying by 3.53% in … Read more

SOL-mates might consider not giving up because here’s what awaiting Solana

As with the rest of the market, Solana fell terribly on 9 May and ended up reaching the same all-time high it was at in May 2021. However, the various ecosystem developments around Solana are trying to push the bearish narrative aside. Solana finds demand? Firstly, one of Solana’s biggest strengths, NFTs, received massive support … Read more

Assets favoring long BTC still far outweigh short BTC products, but problem is…

The cryptocurrency market has witnessed a massive sell-off this week. Over $3.15 billion in the value passed in or out of exchanges, with a net bias towards inflows, which accounted for $1.60 billion (50.8%). In fact, this recorded the largest aggregate exchange-related volume peak since October last year. Like surprises? As cryptocurrencies continue to lose … 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

Solana sees biggest daily loss among top 10, but here is a reason for hope

The latest fashion trend in crypto is in and that’s why you’re seeing red stripes everywhere – vertical, not horizontal, mind you. As Bitcoin plunged by 8.43% in a day to reach its press time price of $36,369.84 and Ether dropped by 6.92% to trade at $2,737.81, other alts also slipped down the charts. One large … 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