SOL [Solana] is the new ADA [Cardano]? Decoding the possibilities

Remember the good old times when Solana was the hot blockchain making headlines and promising to be the Ethereum killer? The days when SOL was one of the fastest-growing cryptocurrencies. Times change and rather than maintain strong performance, SOL’s price action has lately been looking a lot like that of ADA. SOL delivered quite an … Read more

Where is OpenSea Solana in the NFT race? The truth is…

OpenSea has been hit hard by the latest round of turbulence in the market. However, some blockchains are evidently taking it harder than others. To be specific, it’s high time we took a look at Solana and what its NFT traders have been up to. In the merry month of May According to Dune Analytics, … Read more

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

What you should know about DeFi’s meltdown after Terra’s episode

The bear market that pulled down cryptocurrencies and NFTs alike is currently on to its next target. It seems that the DeFi segment is next-in-line for a bloodbath. DeFi’s Total Value Locked has fallen dramatically since early April, with prominent events wreaking havoc across the Web3 space. The TVL on DeFi dropped below $110 billion … 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

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