Crypto Ethone

  Solana (SOL) is trading just 6% below its all-time highs, fueled by a remarkable 16% surge from the $212 demand level.  The rally has caught the attention of traders and investors alike, as SOL’s price action showcases a strong uptrend.  Top crypto analyst Johnny shared his technical analysis on X, predicting that Solana may retrace to its previous yearly highs before launching a new attempt to break its all-time highs.  This forecast comes during a period of euphoria, with SOL delivering a stunning performance by soaring over 55% in less than two weeks.  The rapid climb has positioned Solana as one of the market’s standout assets, driven by increasing demand and strong fundamentals.  However, Johnny’s outlook suggests a healthy pullback could be on the horizon, potentially offering a key buying opportunity before SOL challenges its historic price levels.  With SOL’s recent performance reigniting optimism in the crypto space, all eyes remain on its ability to maintain strength in th

  The rate of Solana SOL/USD has increased by 5.43% over the last 24 hours. On the hourly chart, the price of SOL is rising after a breakout of the local resistance of $212.38.  If the growth continues and the daily bar closes far from that mark, there is a chance to see a test of the $230-$240 zone. On the biggest time frame, the rate of SOL keeps growing after yesterday's bullish closure.  In this case, traders should focus on the closure in terms of the $215.27 level.  If buyers can hold the gained initiative, the upward move is likely to continue to the $240 range. On the weekly chart, the price of SOL has accumulated enough energy for midterm growth.  In this regard, the rise may lead to a test of the $250 mark by the end of the month.  SOL is trading at $218 at press time.

  Make sure to link your Solana wallet to your Grass account by Monday , September 30th , 8PM ET to be eligible for the first airdrop . GRASS announcement: X

  Solana is collaborating with Google Cloud to shape the future of gaming.  The partnership is centred around Gameshift, a product by Solana Labs, which offers a comprehensive range of Web3 primitives and actions necessary for games.  This partnership aims to power Web3-enabled gaming, leveraging Solana’s blockchain technology capabilities.  SOL Info Solana SOLUSD is a high-performance blockchain platform designed for decentralized applications and crypto-currencies.  It aims to improve blockchain scalability by introducing a proof-of-history consensus combined with the underlying proof-of-stake consensus of the blockchain.  Solana’s architecture allows for short processing times with the ability to scale as the ecosystem grows, potentially up to 65,000 transactions per second.  The native cryptocurrency, SOL, is used for transaction fees and for staking in the network’s consensus mechanism.  Its primary goal is to provide fast, secure, and scalable blockchain solutions.

  Former President Trump plans to launch his cryptocurrency platform World Liberty Financial on Monday in an address from Mar-a-Lago.  “We’re embracing the future with crypto and leaving the slow and outdated big banks behind,” Trump said in a video posted Thursday afternoon on social platform X.  The launch, which will take place on X’s Spaces  https://x.com/realDonaldTrump  at 8 p.m. EDT Monday, was also advertised in the video as a “state of crypto address” with the Republican presidential nominee.  Trump teased the crypto project last month in a post on his own social media platform, Truth Social.  “For too long, the average American has been squeezed by the big banks and financial elites. It’s time we take a stand — together,” Trump wrote, linking to a Telegram channel called “The DeFiant Ones.”  The Telegram channel has since been renamed “World Liberty Financial” and is described as the “Official Trump DeFi Channel.”  Despite once dismissing crypto as a “scam,” Trump has fully

  This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH)  Ethereum continued its downtrend this week and broke below the key support at $2,400, closing with a 6% loss.  This puts bears back in charge of the price action.  If buyers don’t show up soon, ETH may go to $2,000 next.  So far, this cryptocurrency has not made a lower low compared to the drop on August 5th, but it has made a lower high.  This reinforces the bearish bias and does not give much hope for a reversal at this time.  On the contrary, the price could revisit the lows from early August.  Looking ahead, Ethereum is in a difficult spot and may pull down most of the altcoin market if it fails to reverse this trend. Ripple (XRP)   XRP is right on the 54 cents support, with sellers keen to push it under.  The price closed the week with a 4% loss, and the momentum is bearish. If nothing changes, the current support may be lost soon.  Should that happen, XRP may fall to 50 cent