-
BTC 57,296.47 (-5.02%) -
ARS 1,080.00 (+0.01%) -
ETH 2,909.79 (-3.32%) -
SOL 128.97 (+1.86%) -
PEPE <0.01 (+0.90%) -
DOGE 0.12 (-6.75%) -
XRP 0.51 (+1.43%) -
WIF 2.51 (+0.88%) -
ENA 0.77 (-3.62%) -
OP 2.65 (+2.20%) -
NEAR 5.93 (-4.11%) -
BONK <0.01 (-7.30%) -
RUNE 4.73 (-3.27%) -
AVAX 32.56 (-0.61%) -
ETHFI 3.62 (-2.16%) -
BOME <0.01 (-2.80%) -
ORDI 33.09 (-0.99%) -
TRX 0.12 (+1.00%) -
ADA 0.44 (-0.29%) -
FLOKI <0.01 (-4.59%) -
WLD 4.46 (-1.31%) -
AR 28.15 (-5.69%) -
HBAR 0.10 (-0.62%) -
RNDR 7.34 (+0.84%) -
MATIC 0.68 (+1.14%) -
LINK 13.20 (-0.14%)
3 reasons why Solana SOL price is up this week
Published: 2023-10-06
1. Solana's Growing Adoption and Partnerships: One of the main topics highlighted in the article is the increasing adoption and partnerships of Solana (SOL). Solana has gained significant traction in the blockchain industry,with its scalable and efficient infrastructure attracting developers and projects. Its partnerships with well-known companies such as Chainlink and USDC have further solidified its position as a leading blockchain platform. With its fast transaction processing capabilities and low fees,Solana has become an attractive option for decentralized applications (dApps) and projects looking for a scalable blockchain solution. This increased adoption and growing ecosystem is driving the value of SOL higher.
2. Successful Fundraising and Investor Confidence: Another factor contributing to the recent surge in SOL's price is the successful fundraising rounds and increased investor confidence in the Solana ecosystem. The article mentions that Solana Labs,the team behind Solana,has raised over $38 million in a recent funding round led by Andreessen Horowitz. This influx of funding and support from reputable investors demonstrates confidence in the Solana project and its potential for long-term success. As a result,more investors are entering the market and buying SOL tokens,driving up its price.
3. Bullish Market Sentiment and Overall Crypto Market Momentum: The third key topic mentioned in the article is the overall bullish sentiment in the cryptocurrency market,which has had a positive impact on SOL's price. The recent surge in Solana's value can be partly attributed to the general market momentum,as many cryptocurrencies are experiencing significant price increases. Additionally,news of various regulatory developments,institutional adoption,and the growing interest in decentralized finance (DeFi) has contributed to the positive sentiment in the crypto market. As a result,SOL,like many other altcoins,has seen a boost in its value. In summary,the main topics covered in the article are Solana's growing adoption and partnerships,successful fundraising and investor confidence,and the bullish market sentiment and overall crypto market momentum. These factors have played a significant role in driving up the price of SOL in recent weeks.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
57,296.47 | 4,953,223,775.92 |
| 2 | ARS |
1,080.00 | 1,904,006,304.20 |
| 3 | ETH |
2,909.79 | 1,889,553,502.67 |
| 4 | SOL |
128.97 | 1,055,044,946.58 |
| 5 | PEPE |
<0.01 | 456,405,297.42 |
| 6 | DOGE |
0.12 | 398,471,068.02 |
| 7 | XRP |
0.51 | 259,500,759.22 |
| 8 | WIF |
2.51 | 204,389,353.68 |
| 9 | ENA |
0.77 | 163,615,561.56 |
| 10 | OP |
2.65 | 154,157,403.16 |
| 11 | NEAR |
5.93 | 134,263,493.44 |
| 12 | BONK |
<0.01 | 134,114,636.94 |
| 13 | RUNE |
4.73 | 122,359,747.50 |
| 14 | AVAX |
32.56 | 109,011,871.64 |
| 15 | ETHFI |
3.62 | 97,296,198.17 |
| 16 | BOME |
<0.01 | 91,286,995.84 |
| 17 | ORDI |
33.09 | 87,993,928.92 |
| 18 | TRX |
0.12 | 74,640,820.34 |
| 19 | ADA |
0.44 | 70,739,126.45 |
| 20 | FLOKI |
<0.01 | 68,259,479.96 |
| 21 | WLD |
4.46 | 67,937,151.71 |
| 22 | AR |
28.15 | 67,015,638.01 |
| 23 | HBAR |
0.10 | 66,488,811.60 |
| 24 | RNDR |
7.34 | 63,494,647.45 |
| 25 | MATIC |
0.68 | 63,126,450.69 |
| 26 | LINK |
13.20 | 62,388,645.24 |
Coins with rapidly rising prices
(Update every 1 minute)
VGX
COMBO
COS
JTO
AXL
WAVES
LSK
STEEM
ELF
BNX
AMP
BLZ
COMPThe price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  PSG |
4.56 | -14.02 |
| 2 |  ATA |
0.19 | -11.88 |
| 3 |  XVS |
8.45 | -11.70 |
| 4 |  PUNDIX |
0.57 | -10.53 |
| 5 |  1INCH |
0.36 | -9.28 |
| 6 |  VITE |
0.02 | -8.24 |
| 7 |  XNO |
1.04 | -7.98 |
| 8 | BONK |
<0.01 | -7.30 |
| 9 |  SEI |
0.51 | -7.02 |
| 10 | REZ | 0.14 | -6.79 |
| 11 | DOGE |
0.12 | -6.75 |
| 12 |  CVC |
0.15 | -6.59 |
| 13 |  AEVO |
1.30 | -6.39 |
| 14 |  ONG |
0.52 | -6.36 |
| 15 |  FARM |
74.41 | -6.36 |
| 16 |  LEVER |
<0.01 | -6.17 |
| 17 |  AKRO |
<0.01 | -6.09 |
| 18 |  GLM |
0.44 | -5.87 |
| 19 | AR |
28.15 | -5.69 |
| 20 |  SC |
<0.01 | -5.53 |
| 21 |  ORN |
1.39 | -5.52 |
| 22 |  MANTA |
1.59 | -5.47 |
| 23 |  NULS |
0.54 | -5.45 |
| 24 |  YGG |
0.73 | -5.41 |
| 25 |  SANTOS |
5.66 | -5.21 |
| 26 |  SYS |
0.19 | -5.15 |
| 27 |  ALICE |
1.15 | -5.05 |
| 28 |  FIS |
0.48 | -5.03 |
| 29 | BTC |
57,296.47 | -5.02 |
| 30 |  BAR |
2.37 | -5.01 |
Bitcoin's Greed and Fear Index.
?43
Fear
Global CryptoCurrency News
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | Challenger Job Cuts y/y | Thursday | 02-05-2024 | 12:30 |
| 2 | Unemployment Claims | Thursday | 02-05-2024 | 13:30 |
| 3 | Prelim Nonfarm Productivity q/q | Thursday | 02-05-2024 | 13:30 |
| 4 | Prelim Unit Labor Costs q/q | Thursday | 02-05-2024 | 13:30 |
| 5 | Trade Balance | Thursday | 02-05-2024 | 13:30 |
| 6 | Factory Orders m/m | Thursday | 02-05-2024 | 15:00 |
| 7 | Natural Gas Storage | Thursday | 02-05-2024 | 15:30 |
| 8 | Average Hourly Earnings m/m | Friday | 03-05-2024 | 13:30 |
| 9 | Non-Farm Employment Change | Friday | 03-05-2024 | 13:30 |
| 10 | Unemployment Rate | Friday | 03-05-2024 | 13:30 |
| 11 | Final Services PMI | Friday | 03-05-2024 | 14:45 |
| 12 | ISM Services PMI | Friday | 03-05-2024 | 15:00 |
| 13 | FOMC Member Williams Speaks | Saturday | 04-05-2024 | 01:15 |
