Tag: Solana

Solana (SOL) Stays Strong – Can Bulls Fuel the Next Breakout?

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Solana started a fresh increase above the $215 zone. SOL price is now consolidating above $212 and might aim for more gains above the $220 zone. SOL price started a fresh upward move above the $205 and $212 levels against the US Dollar. The price is now trading above $212 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $216 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $220 resistance…

Solana (SOL) Rally Builds – Can Bulls Extend Gains Beyond Key Levels?

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Solana started a fresh increase above the $212 zone. SOL price is now consolidating above $210 and might aim for more gains above the $218 zone. SOL price started a fresh upward move above the $202 and $210 levels against the US Dollar. The price is now trading above $210 and the 100-hourly simple moving average. There is a bullish trend line forming with support at $212 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could extend gains if it clears the $218 resistance…

Kyle Samani set to chair $1B Solana treasury backed by Multicoin, Galaxy, and Jump

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Key Takeaways Multicoin’s Kyle Samani is expected to chair a $1B Solana treasury backed by Galaxy and Jump. The fund would surpass Upexi’s $400M NAV, making it the largest Solana treasury so far. Share this article Kyle Samani is expected to become chairman of a Solana-focused digital asset trust backed by Multicoin, Galaxy, and Jump Trading, according to a Blockworks report. The firm would be formed via a takeover of a publicly traded entity, though the deal has not yet closed. A $1 billion raise would more than double Upexi’s…

Solana (SOL) Faces Heavy Resistance – Can Bulls Prevent a $200 Breakdown?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Solana (SOL) Bulls Eye Control – Will Recovery Turn Into a Surge?

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Solana started a fresh increase from the $195 zone. SOL price is now recovering higher and might aim for a move above the $205 resistance zone. SOL price started a recovery wave after it tested the $195 zone against the US Dollar. The price is now trading below $205 and the 100-hourly simple moving average. There was a break above a connecting bearish trend line with resistance at $201 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if it…