Solana gains over 26% in two days — $250 SOL price target next?

Solana (SOL) rallied higher on Oct. 21 as traders shifted focus from Bitcoin (BTC) to the most promising altcoins. Notably, the price of SOL increased by more than 11% to over $196 a token, the highest level since Sept.11. Combined with the gains recorded in the previous 36 hours, SOL was up by as much […]

Better call SOL: Month-long consolidation puts Solana price en route to $275

Solana (SOL) price technicals suggest SOL can hit $275 in the coming sessions. The upside outlook for the world’s sixth-largest cryptocurrency by market capitalization comes as it consolidates inside a range that appears like a Bull Pennant. In detail, Bull Pennants are bullish continuation indicators that form as the price consolidates inside a Symmetrical Triangle-like […]

Solana chart 'bull flag' eyes $250 despite SOL price down 40% since last week

Solana (SOL) price extended its slide on Sept. 17 as a major network outage over the past week — pointing to heightened security risks — hit traders’ confidence. The SOL/USD exchange rate fell up to 13.27% to its intraday low of $133.53 in a corrective trend that began after it topped out near $221.38 on […]

SOL price nears $200 after FTX's Solana-enabled NFT marketplace goes live

Solana (SOL) bulls have largely ignored its overvaluation risks as the blockchain asset goes after another milestone price level. The SOL/USD exchange rate almost reached $200 on Sept. 7 as investors continued to treat Solana as a long-term competitor to Ethereum, the world’s leading smart contracts platform. More bullish evidence came on Monday after Sam Bankman-Fried […]