2024-12-27 12:36 |
Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 trillion tokens worth over $51 million was burned as part of… origin »
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Since being rejected at $146 six days ago, Solana has traded within a narrow range between $130 and $140. In fact, as of this writing, the altcoin traded at $133, down 1. 94% on the daily charts.
Solana clings to $130 support as ETF demand and roadmap upgrades clash with legacy selling pressure. Solana trades near $133 at a critical support area, where strong ETF inflows and structural upgrades face off against lingering unlock-driven supply and a…
Solana is showing price resilience as the blockchain network records key milestones ahead of a pivotal event. With institutional adoption accelerating and technical upgrades underway, SOL price is eyeing $150 – and the upcoming Breakpoint conference could be one of the big upward catalysts.
Coinbase’s Ethereum layer-2 network, Base, has integrated with Solana through a newly launched bridge powered by Chainlink’s Cross-Chain Interoperability Protocol (CCIP). The integration allows seamless transfers of tokens, NFTs, and other digital assets between the two networks, marking a major milestone in bridging EVM-compatible chains with Solana’s non-EVM architecture.
Solana has been leading the major-cap crypto segment over the past 24 hours, jumping more than 10% to climb back above $140. The move has renewed optimism among traders, with the rebound pushing SOL above a key downtrend level and signalling improved short-term momentum.
Solana (SOL) retested the $120 support level on Monday as Bitcoin and other major cryptocurrencies recorded losses. The cryptocurrency lost 30% of its value in November, making it one of the worst performers among the top 10 cryptocurrencies by market cap.
By bringing its contracts to Solana, Kalshi hopes to draw in crypto users.