Solana (SOL) Faces Market Uncertainty Amidst FTX Unstaking
Solana (SOL) experiences price volatility as the FTX exchange unstakes large volumes, potentially leading to increased selling pressure and a forecasted 12% drop.
Solana (SOL) experiences price volatility as the FTX exchange unstakes large volumes, potentially leading to increased selling pressure and a forecasted 12% drop.
Shiba Inu (SHIB) experiences a spike in large transaction volume, signaling potential price volatility. Meanwhile, Bitcoin struggles in the $60,000 range, and Solana tests crucial support levels.
As Solana and Cardano face market challenges, investors are turning their attention to IntelMarkets, a new AI-driven trading platform that promises institutional-grade tools for retail traders.
As XRP and Solana experience price declines amid legal and market challenges, Rollblock’s new GambleFi protocol emerges as a potential high-performer, with analysts projecting significant gains.
For the first time in Solana’s history, six SOL-based platforms have surpassed $1 billion in user deposits, with the top six protocols collectively holding nearly $9 billion in total value locked (TVL).
Sky, formerly MakerDAO, is leveraging Wormhole’s Native Token Transfer technology to bring its SKY and USDS tokens to Solana, enhancing multichain capabilities and proposing a 2 million SKY incentive program for Solana DeFi projects.
Rollblock, a new GambleFi altcoin, is gaining traction among Solana and XRP investors, having raised $3.4 million in its 6th presale phase and offering unique casino revenue-sharing opportunities.
Circle’s USDC stablecoin reaches $16 trillion in total volume, with the Solana blockchain emerging as a key factor in its rapid expansion.
Jito and Fragmetric have introduced fragSOL, Solana’s first native liquid restaking token, aiming to optimize yield and improve reward distribution in the liquid staking market.
Solana (SOL) experiences a significant downturn in August, dropping from $180 to $138.37, with technical indicators and ecosystem performance suggesting potential further decline.