Solana

Coin

<ul class="news-points"> 
 <li><strong>SOL’s impressive 80% monthly gain solidifies its position among the top cryptocurrencies, with potential for a $50 breakthrough.</strong></li> 
 <li><strong>Solana’s partnership with Amazon AWS and Firedancer’s scaling solution signals a bright future for the blockchain.</strong></li> 
 <li><strong>Technical indicators suggest a potential negative trend for SOL/USD, with the RSI and MACD pointing towards a bearish movement.</strong></li> 
</ul> 
<p><a href="https://coinedition.com/tag/solana-sol/">Solana (SOL)</a> has marked a significant milestone, soaring to a 14-month high of $46. This remarkable rally, a 12% increase in the last 24 hours, has erased the losses sustained following the FTX crypto exchange collapse. Despite the unstacking of over 500K Solana coins worth $21 million by FTX, the SOL bulls have maintained their dominance, showcasing the asset’s robustness.</p> 
<p>Moreover, this upward trajectory has propelled Solana’s monthly gains beyond 80%, outshining its peers in the top ten cryptocurrencies with a year-to-date performance surpassing 350%. This feat draws attention to Solana’s potential to sustain the $40 support level, which could set the stage for an ascent to $50.</p> 
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  <img decoding="async" src="https://lh7-us.googleusercontent.com/9pMuS4-RdFhVb97aaDUhEK6fJTZ-SuF7dA4HN7JWmmdbX8H76jSb_GV6bXL4mesjRhexPmjNudmWgf-5LbrY3cyTgx0kZICLPye29nuv0iM4Y1mMrRZWdp6Ja9IWKwslLalCEic6LVavgFbl4IIuZhA" alt="" style="aspect-ratio:1.1929824561403508;width: 100%;height:auto">
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   <em>SOL/USD 24-hour price chart (source: <a href="https://coinstats.app/coins/solana/" target="_blank" rel="nofollow">CoinStats</a>)</em>
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<h2 class="wp-block-heading" id="h-solana-s-strategic-moves"><strong>Solana’s Strategic Moves</strong></h2> 
<p>As the <a href="https://coinedition.com/what-is-defi-lets-understand-decentralized-finance/">decentralized finance (DeF…</a></p>
<p>The post <a href="https://coinedition.com/solana-sol-records-14-month-high-with-firedancer-testnet-launch/">Solana (SOL) Records 14-Month High with Firedancer Testnet Launch</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Solana (SOL) Records 14-Month High with Firedancer Testnet Launch

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