Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated. Go to Source
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Maneki Token Surges By 50% In 24 Hours Amidst Whales’ Activity
The cryptocurrency market is abuzz with the meteoric rise of $MANEKI, a token that has skyrocketed by over 30,000% since its inception. In the past 24 hours alone, the price of Maneki has surged by an impressive 50%, with its market capitalization reaching $192.6 million, and it is currently trading at $0.02167. Recent data from … Read more
Solana’s Leading Memecoin Dogwifhat Plummets 13% Today, 24% Weekly Drop Amid Whale Activity
Dogwifhat ($WIF), one of the largest memecoins on the Solana network, has experienced a significant decline, dropping by 13% in a single day and 24% over the course of the week. This downturn comes as Lookonchain data reveals a substantial sell-off by a notable whale following the market slump. The whale, known for their shrewd … Read more
Cryptocurrency Market Faces Significant Declines As Bitcoin, Ethereum, And Solana Lead The Drop
In the past 24 hours, the cryptocurrency market witnessed a notable downturn, with Bitcoin (BTC) plummeting to a low of $65,086, marking a 4.57% decrease. Ethereum (ETH) also experienced a significant drop below the $3,200 mark, down by 8.12%. Solana (SOL) followed suit, falling below $150 with a 12.68% decline. BTC fell to a low … Read more
FTX Nets $1.9B in Solana Sale at $64 per SOL, Discount Price Draws Creditor Scrutiny
In a report informed by individuals close to the situation, the FTX estate has successfully liquidated $1.9 billion by offloading a considerable amount of solana (SOL), including tokens that were not immediately available due to a vesting schedule. Insiders Say FTX Sold Millions of Locked Solana Tokens at a Deep Discount The bankrupt entity formerly … Read more
Solana’s New Memecoin ‘$SMOLE’ Sends Traders On Rollercoaster Ride
The launch of $SMOLE, a new memecoin on the Solana blockchain, has injected excitement into the trading community, albeit with mixed outcomes for investors. Shortly after Smile ($SMOLE) hit the trading floor, one savvy trader capitalized on the opportunity, raking in profits of 18,986 $SOL, equivalent to $3.6 million, in just 15 minutes. Only 15 … Read more
Solana Surpasses Binance Coin To Claim 4th Spot In Market Valuation, Trader Recorded Notable Losses
Solana’s SOL token has made significant strides in the cryptocurrency market, surpassing Binance Coin (BNB) to secure the 4th rank in terms of market valuation. This shift comes on the heels of a notable price spike over the weekend, further fueled by the growing frenzy surrounding meme coins on the blockchain, including $WIF, $BONK, and … Read more
Solana’s Decentralized Exchange Platforms Eclipse Ethereum in Daily Trading Volume, Surpassing $2.8 Billion
This week, SOL’s value has seen a significant increase, elevating its decentralized exchange (dex) platforms and propelling the layer one (L1) blockchain to a leading position in 24-hour dex trading volume. Solana’s dex platforms have amassed $2.802 billion in trade volume over the past day, outperforming Ethereum’s dex platforms, which have recorded $2.03 billion in … Read more
Jupiter Soars by Nearly 100%, Leading This Week’s Crypto Gainers
Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42% and SOL increasing 37% in the same period. Alternative Crypto Assets Outshine Bitcoin and Ethereum with Double-Digit Growth This Week A plethora of cryptocurrencies, other … Read more
Despite Broad Crypto Downturn, Solana Hits $200 Range and Overtakes BNB
Based on the latest metrics, the cryptocurrency landscape has experienced a widespread but modest downturn. Yet, the digital asset solana has risen by 12.2% in the last 24 hours and 43% against the U.S. dollar over the past week. Currently, solana surpassed the $200 mark per coin as it closed in on BNB’s market capitalization. … Read more