-
BTC 57,680.33 (-4.22%) -
ARS 1,080.40 (+0.81%) -
ETH 2,946.68 (-1.88%) -
SOL 130.89 (+3.55%) -
PEPE <0.01 (+3.35%) -
DOGE 0.13 (-3.37%) -
XRP 0.52 (+3.68%) -
WIF 2.54 (+2.39%) -
ENA 0.78 (-2.63%) -
OP 2.71 (+8.27%) -
BONK <0.01 (-2.80%) -
NEAR 5.98 (-2.08%) -
RUNE 4.77 (-0.96%) -
AVAX 32.79 (+0.77%) -
ETHFI 3.68 (+1.02%) -
BOME <0.01 (+0.88%) -
ORDI 33.71 (+2.62%) -
AR 27.74 (-6.23%) -
ADA 0.45 (+1.04%) -
TRX 0.12 (+0.88%) -
FLOKI <0.01 (-0.92%) -
WLD 4.55 (+1.97%) -
HBAR 0.10 (+3.65%) -
MATIC 0.68 (+2.43%) -
RNDR 7.51 (+3.23%) -
LINK 13.13 (+0.29%)
Solana price hits a new 2023 high Whats behind the SOL rally
Published: 2023-11-10
1. Solana's price hits 2023 high: Solana,a cryptocurrency platform,has recently experienced a significant rally,resulting in its price reaching a new high for the year 2023. The surge in Solana's price has caught the attention of investors and market analysts,prompting them to investigate the factors behind this rally.
2. Growing adoption and investor interest: One of the main drivers behind the Solana rally is the increasing adoption of the platform and the growing interest from investors. Solana's unique features,such as its fast transaction speed and low fees,have attracted a wide range of participants,including developers,traders,and users. This has led to a surge in demand for Solana's native cryptocurrency,SOL,driving up its price.
3. Scalability and network performance: Solana's scalability and network performance have also played a crucial role in its recent price surge. The platform's advanced technological architecture allows it to handle a significantly higher number of transactions per second compared to other blockchain networks. This has positioned Solana as a strong contender in the competitive blockchain space and has attracted users seeking faster and more efficient transaction processing.
4. DeFi ecosystem and partnerships: Solana's thriving decentralized finance (DeFi) ecosystem has created a favorable environment for the platform's growth. The availability of various decentralized applications (dApps) and financial products on Solana has attracted users looking for opportunities in the DeFi space. Additionally,Solana has formed strategic partnerships with prominent companies and blockchain projects,further enhancing its reputation and driving interest in its ecosystem.
5. Community support and developer activity: Solana's strong community support and active developer community have been instrumental in driving its recent rally. The platform offers extensive resources and support for developers,making it an attractive choice for building decentralized applications. The community's enthusiasm and active collaboration have contributed to the platform's continuous innovation and development,further bolstering its appeal to investors and users alike. In conclusion,Solana's recent price rally can be attributed to factors such as growing adoption and investor interest,its scalability and network performance,the thriving DeFi ecosystem,and the strong community support and developer activity. These elements have propelled Solana to reach new heights in 2023,and its continued momentum is being closely watched by the cryptocurrency community.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
57,680.33 | 4,778,795,414.81 |
| 2 | ARS |
1,080.40 | 1,933,680,432.00 |
| 3 | ETH |
2,946.68 | 1,808,435,101.89 |
| 4 | SOL |
130.89 | 1,011,206,559.56 |
| 5 | PEPE |
<0.01 | 456,129,389.03 |
| 6 | DOGE |
0.13 | 396,293,843.62 |
| 7 | XRP |
0.52 | 244,577,447.17 |
| 8 | WIF |
2.54 | 211,411,550.00 |
| 9 | ENA |
0.78 | 177,331,612.92 |
| 10 | OP |
2.71 | 158,868,259.94 |
| 11 | BONK |
<0.01 | 141,648,476.18 |
| 12 | NEAR |
5.98 | 137,163,808.23 |
| 13 | RUNE |
4.77 | 122,280,509.50 |
| 14 | AVAX |
32.79 | 109,083,631.22 |
| 15 | ETHFI |
3.68 | 101,651,663.94 |
| 16 | BOME |
<0.01 | 99,209,536.34 |
| 17 | ORDI |
33.71 | 90,901,796.67 |
| 18 | AR |
27.74 | 72,561,410.98 |
| 19 | ADA |
0.45 | 70,437,447.86 |
| 20 | TRX |
0.12 | 70,246,158.63 |
| 21 | FLOKI |
<0.01 | 68,710,397.56 |
| 22 | WLD |
4.55 | 67,647,803.81 |
| 23 | HBAR |
0.10 | 65,972,612.42 |
| 24 | MATIC |
0.68 | 64,745,576.11 |
| 25 | RNDR |
7.51 | 63,719,297.05 |
| 26 | LINK |
13.13 | 62,716,757.71 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 |  VGX |
0.09 | +28.26 |
| 2 |  COMBO |
0.72 | +14.62 |
| 3 |  COS |
0.01 | +11.42 |
| 4 |  LSK |
1.72 | +10.02 |
| 5 |  AXL |
1.15 | +9.77 |
| 6 | OP |
2.71 | +8.27 |
| 7 | W | 0.65 | +7.07 |
| 8 |  ELF |
0.56 | +6.63 |
| 9 |  BNX |
1.00 | +4.45 |
| 10 |  IMX |
2.00 | +4.26 |
| 11 |  CHZ |
0.11 | +4.06 |
| 12 |  ATOM |
8.70 | +3.83 |
| 13 |  AMP |
<0.01 | +3.80 |
| 14 |  JTO |
3.19 | +3.80 |
| 15 |  REI |
0.08 | +3.74 |
| 16 |  STRK |
1.25 | +3.73 |
| 17 | XRP |
0.52 | +3.68 |
| 18 | HBAR |
0.10 | +3.65 |
| 19 | SOL |
130.89 | +3.55 |
| 20 |  ZEC |
21.99 | +3.53 |
| 21 |  RAY |
1.46 | +3.48 |
| 22 | PEPE |
<0.01 | +3.35 |
| 23 | RNDR |
7.51 | +3.23 |
| 24 |  COMP |
54.61 | +2.96 |
| 25 |  SYN |
0.89 | +2.92 |
| 26 |  AXS |
6.88 | +2.81 |
| 27 |  AVA |
0.61 | +2.80 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  PSG |
4.53 | -11.59 |
| 2 |  XVS |
8.56 | -9.71 |
| 3 |  1INCH |
0.36 | -8.25 |
| 4 |  PUNDIX |
0.58 | -7.25 |
| 5 |  XNO |
1.06 | -6.88 |
| 6 |  ATA |
0.19 | -6.79 |
| 7 |  GLM |
0.44 | -6.37 |
| 8 | AR |
27.74 | -6.23 |
| 9 |  VITE |
0.02 | -6.22 |
| 10 |  ORN |
1.38 | -5.52 |
| 11 |  BETA |
0.07 | -4.91 |
| 12 |  BAR |
2.38 | -4.84 |
| 13 |  MANTA |
1.61 | -4.62 |
| 14 |  FARM |
75.06 | -4.58 |
| 15 |  AKRO |
<0.01 | -4.31 |
| 16 | BTC |
57,680.33 | -4.22 |
| 17 |  WBTC |
57,710.60 | -4.16 |
| 18 |  SC |
<0.01 | -4.15 |
| 19 |  WOO |
0.27 | -4.06 |
| 20 |  ONG |
0.53 | -4.05 |
| 21 |  SYS |
0.19 | -3.89 |
| 22 |  BEL |
0.75 | -3.74 |
| 23 |  YGG |
0.73 | -3.66 |
| 24 |  TAO |
371.50 | -3.61 |
| 25 |  PDA |
0.07 | -3.51 |
| 26 |  CAKE |
2.48 | -3.43 |
| 27 | DOGE |
0.13 | -3.37 |
| 28 |  PHA |
0.17 | -3.29 |
| 29 |  FLUX |
0.83 | -3.17 |
| 30 |  QTUM |
3.46 | -3.08 |
Bitcoin's Greed and Fear Index.
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US news that has a significant impact on the market
| at | news | day | date | time |
|---|---|---|---|---|
| 1 | Federal Funds Rate | Wednesday | 01-05-2024 | 19:00 |
| 2 | FOMC Statement | Wednesday | 01-05-2024 | 19:00 |
| 3 | FOMC Press Conference | Wednesday | 01-05-2024 | 19:30 |
| 4 | Challenger Job Cuts y/y | Thursday | 02-05-2024 | 12:30 |
| 5 | Unemployment Claims | Thursday | 02-05-2024 | 13:30 |
| 6 | Prelim Nonfarm Productivity q/q | Thursday | 02-05-2024 | 13:30 |
| 7 | Prelim Unit Labor Costs q/q | Thursday | 02-05-2024 | 13:30 |
| 8 | Trade Balance | Thursday | 02-05-2024 | 13:30 |
| 9 | Factory Orders m/m | Thursday | 02-05-2024 | 15:00 |
| 10 | Natural Gas Storage | Thursday | 02-05-2024 | 15:30 |
| 11 | Average Hourly Earnings m/m | Friday | 03-05-2024 | 13:30 |
| 12 | Non-Farm Employment Change | Friday | 03-05-2024 | 13:30 |
| 13 | Unemployment Rate | Friday | 03-05-2024 | 13:30 |
| 14 | Final Services PMI | Friday | 03-05-2024 | 14:45 |
| 15 | ISM Services PMI | Friday | 03-05-2024 | 15:00 |
| 16 | FOMC Member Williams Speaks | Saturday | 04-05-2024 | 01:15 |
