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Cryptocurrency News Articles
Solana Is ‘Seriously Challenging’ Ethereum as Financial Institutions Choose It for RWA Tokenization
Oct 15, 2024 at 03:19 am
Ethereum has been the largest and most dominant blockchain in the crypto industry ever since it emerged, but Sygnum Bank recently suggested that this might change
Financial Institutions Are Choosing Solana Over Ethereum For RWA Tokenization, Stablecoins
March 10, 2024
Financial Institutions Are Choosing Solana Over Ethereum For RWA Tokenization, Stablecoins
Solana price analysis: SOL price eyes $100 after recovering from 2024 lows
Solana price analysis shows a strong bullish momentum over the last 24 hours. The price recovered from lows of $60 to highs of nearly $80. Currently, SOL is trading at the price of $78, and further rally could lead the price to highs of $100 in the coming days.
Solana price analysis shows a strong bullish momentum over the last 24 hours. The price recovered from lows of $60 to highs of nearly $80. Currently, SOL is trading at the price of $78, and further rally could lead the price to highs of $100 in the coming days.
The price opened at $72 and quickly moved to highs of $79. From there, the price faced some selling pressure and dropped to lows of $76. However, the bulls quickly stepped in and pushed the price back up to highs of $78, where it currently trades.
The price is now facing some resistance at the 50 Moving Average (MA), which is currently at $79. If the price manages to break through this resistance, it could open the door for a rally to highs of $100. On the other hand, if the price fails to break through the 50 MA, it could lead to a drop to lows of $70.
The Relative Strength Index (RSI) is currently at 60, which indicates that the price is in overbought territory. However, the RSI is still trending higher, which indicates that the bullish momentum is still strong.
Overall, the technical indicators are bullish for SOL, and the price is poised for a rally to highs of $100 in the coming days.
Solana price analysis: Key levels to watch for March 10
Solana price analysis: SOL price eyes $100 after recovering from 2024 lows
Solana price analysis shows a strong bullish momentum over the last 24 hours. The price recovered from lows of $60 to highs of nearly $80. Currently, SOL is trading at the price of $78, and further rally could lead the price to highs of $100 in the coming days.
The price opened at $72 and quickly moved to highs of $79. From there, the price faced some selling pressure and dropped to lows of $76. However, the bulls quickly stepped in and pushed the price back up to highs of $78, where it currently trades.
The price is now facing some resistance at the 50 Moving Average (MA), which is currently at $79. If the price manages to break through this resistance, it could open the door for a rally to highs of $100. On the other hand, if the price fails to break through the 50 MA, it could lead to a drop to lows of $70.
The Relative Strength Index (RSI) is currently at 60, which indicates that the price is in overbought territory. However, the RSI is still trending higher, which indicates that the bullish momentum is still strong.
Overall, the technical indicators are bullish for SOL, and
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- Vitalik Buterin Proposes Solutions to Challenges Facing Ethereum's "The Merge" Mechanism
- Oct 15, 2024 at 08:15 am
- Ethereum co-founder Vitalik Buterin recently shared his insight into the protocol's “the Merge” mechanism. His insight clarifies how the blockchain plans to achieve better functionalities moving forward
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- Canada Struggles to Ensure Clean Water for Indigenous People Despite Abundant Resources
- Oct 15, 2024 at 08:15 am
- First Nations embroiled in a lawsuit against the Canadian government due to long-standing issues with clean drinking water present a paradoxical situation as Canada possesses the largest supply of accessible fresh water in the world.