![]() Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. We may receive financial compensation from these third parties. Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.īinance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as peer-to-peer trading, margin trading and spot trading. On top of this, the exchange offers very low fees and customers can even use their crypto as collateral for loans on the platform.īinance is one of the largest cryptocurrency exchanges in the world. OKX takes customer security very seriously, they store almost all of their clients' funds in cold storage, and the exchange is yet to be hacked. OKX is a top cryptocurrency exchange which offers over 140 cryptocurrencies to invest in. For now, key technical levels should remain our areas of interest. If Solana remains the blockchain it was known for, then a move to the previous highs is possible. Whether SOL price jumps 10X depends on how much trust the blockchain builds once the bull market returns. It means that once SOL makes the bear move, bulls could suddenly get interested at $26. The level is the lowest, which was reached in June. Where next for SOL in a bear market?Ī break below $30 makes SOL vulnerable to $26. The MACD indicator is moving deeper into the bear zone. The decline follows worsening crypto sentiment on expectations the Federal Reserve will hike rates in November. SOL’s technical outlook shows that the cryptocurrency has crashed below the $30 support. SOL loses the $30 support in a bear market He recommends his followers buy SOL, hold for two years, and watch their investment grow 10x+. In his view, SOL’s range lows are approaching. The analyst has nearly 185,000 Twitter followers, making him a popular personality among crypto fans. Consequently, the analyst predicts that SOL could move past its previous all-time high. The highest price so far for SOL was $257 during the crypto boom last year. If SOL goes up 10 times from the $29 price, the token will hit $290. We believe $26 is a realistic bottom next price target, suggesting a further drop below the current $29.Ī pseudonymous crypto analyst is, however, expecting the altcoin to surge 900% or 10 times the current level. That has seen Cardano record increasing NFT volumes. ![]() Recent tweets by NFT traders show many of them moving to Cardano from Solana after the Vasil upgrade. Consequently, the popularity of Solana for Web3 has been challenged by other blockchains. However, a bearish cryptocurrency market and Solana-specific hacks continue to haunt the token. ![]() However, Solana was appreciated more for its faster transactions and lower costs. The label emanated from its similarities to Ethereum. ![]() With the prospects, the Layer-1 blockchain was labelled the Ethereum killer. ![]() Solana (SOL/USD) is one of those cryptocurrencies expected to rival Ethereum strongly. ![]()
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