Solana

Jupiter

Foundation

Coin

<p>The Solana price has surged 7% over the last 24 hours to trade for $101.25 as of 1:10 a.m. EST time on trading volume that jumped almost 20%.</p>
<p>It comes amid a recent flurry of developments relating to Solana. For starters, the foundation has recently <a href="https://www.adgm.com/media/announcements/adgm-and-solana-foundation-forge-a-strategic-partnership" target="_blank" rel="noopener noreferrer nofollow">collaborated</a> with Abu Dhabi Free Zone for Web3 push.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Another <a href="https://twitter.com/hashtag/achievement?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#achievement</a> from Abu Dhabi Global Market (ADGM) ⬇</p>
 <p>With the <a href="https://twitter.com/hashtag/enrollment?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#enrollment</a> of <a href="https://twitter.com/hashtag/IOTA?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#IOTA</a> and a new <a href="https://twitter.com/hashtag/partnership?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#partnership</a> with the Solana Foundation, ADGM is showing once more its <a href="https://twitter.com/hashtag/commitment?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#commitment</a> to fostering growth and advancement in the <a href="https://twitter.com/hashtag/digitalasset?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#digitalasset</a> industry.</p>
 <p>By leveraging the <a href="https://twitter.com/hashtag/expertise?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#expertise</a>… <a href="https://t.co/NJi84LNtGU" rel="noopener noreferrer nofollow">pic.twitter.com/NJi84LNtGU</a></p>
 <p>— Unlock Blockchain (@unlockbc) <a href="https://twitter.com/unlockbc/status/1755262404861075708?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 7, 2024</a></p>
</blockquote>
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<p>Elsewhere, the Solana Foundation has called for proposals to drive the development of open-source security tools for Solana.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">1/ Request for Proposals Announcement: The Solana Foundation is looking for proposals to drive development of open source security tools for Solana.</p>
 <p>Three RFPs include:<br>– Pre-Deployment Program Analysis<br>– Post-Deployment Monitoring Tooling<br>– Program Verification</p>
 <p>More &amp; apply👇</p>
 <p>— Solana Foundation (@SolanaFndn) <a href="https://twitter.com/SolanaFndn/status/1755306171001639002?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 7, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Nevertheless, the main driver behind the surge in the Solana price is the multiple projects sprouting from its blockchain. Among them, Bonk Inu (BONK), Myro (MYRO), and Jupiter DEXe’s JUP token, with one user lauding Solana for showcasing and enabling “access to the best of the best.”</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">1/ 🚀 Excited about investing in <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> projects but overwhelmed by the options? Let's talk about the importance of curated projects and how Solsender ensures you're accessing the best of the best. <a href="https://twitter.com/hashtag/Solsender?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solsender</a> <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchain</a> <a href="https://t.co/XGxlaL7tkR" rel="noopener noreferrer nofollow">pic.twitter.com/XGxlaL7tkR</a></p>
 <p>— SolSender (@solsender_) <a href="https://twitter.com/solsender_/status/1755294379701334514?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 7, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>According to Santiment analysts, Solana is one of the few altcoins that have managed to outperform Bitcoin this week.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📈 <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> is one of the few <a href="https://twitter.com/hashtag/altcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#altcoins</a> outperforming <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> this week, surging back above $102. In the past 36 hours, <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SOL</a> / <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> is +4.5%. The outage that concerned traders Monday ended up being a local bottom, with the <a href="https://twitter.com/hashtag/FUD?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#FUD</a> fueling this price rebound. <a href="https://t.co/lUC0DBS5B3" rel="noopener noreferrer nofollow">https://t.co/lUC0DBS5B3</a> <a href="https://t.co/1NTk5R4QBj" rel="noopener noreferrer nofollow">pic.twitter.com/1NTk5R4QBj</a></p>
 <p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1755422786452094994?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 8, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="solana-price-outlook-as">Solana Price Outlook As</h2>
<p>The Solana price is consolidating along an ascending trendline. This is part of a recovery rally after SOL slipped below the confines of an ascending parallel channel. With the Simple Moving Averages (SMAs) inclined north, this is the path with the least resistance.</p>
<p>The Relative Strength Index (RSI) is also above the 50 level, with both the Moving Average Convergence Divergence (MACD) and Awesome Oscillator (AO) in positive territory. These add credence to the bullish thesis.</p>
<p>Increased buying pressure could see the Solana price extend the climb into the supply zone between $107.92 and $121.19. A decisive breach of its midline at $114.76 would confirm the continuation of the uptrend.</p>
<p>This could see the Solana price flip the supply zone into a bullish breaker, before tagging the $126.36 blockade. &nbsp;In a highly bullish case, the Layer 1 (L1) token could extend the climb to $140.00 psychological level. Such a move would constitute a 40% climb above current levels.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/02/SOLUSDT_2024-02-08_08-59-02.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-478937 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/SOLUSDT_2024-02-08_08-59-02.png" alt="Solana price" width="1273" height="544" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/SOLUSDT_2024-02-08_08-59-02.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/02/SOLUSDT_2024-02-08_08-59-02-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/SOLUSDT_2024-02-08_08-59-02-1024x438.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/SOLUSDT_2024-02-08_08-59-02-768x328.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"></a></p>
<p><a href="https://www.tradingview.com/chart/xfJjN3dv/?symbol=BINANCE%3ASOLUSDT" target="_blank" rel="noopener noreferrer nofollow">TradingView: SOL/USDT 1-day chart</a></p>
<p>On the flip side, increased seller momentum could see the Solana price lose support due to the ascending trendline. A decisive breakdown, confirmed by a close below $89.02 would invalidate the bullish thesis. This could see the Solana price roll over to the $68.03 support. Such a move would denote a 33% drop below current levels.</p>
<p>Meanwhile, new Solana-based meme coin <a href="https://insidebitcoins.com/visit/smog" target="_blank" rel="noopener noreferrer nofollow">Smog</a> exploded onto the meme coin scene on Feb. 7 with a 1,288% pump on launch.</p>
<p><iframe title="WRECKED BY SOLANA MEME COINS!" width="640" height="360" src="https://www.youtube.com/embed/uI7eLKh-h20?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-solana">Promising Alternative To Solana</h2>
<p>Smog, making its debut via the Jupiter DEX, promises the mother of all airdrop campaigns, building atop the success of recent breakout launches on Solana such as Myro, Bonk, and Dogwifhat.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Welcome to <a href="https://twitter.com/hashtag/SMOG?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SMOG</a>, noble adventurers! 🐉✨</p>
 <p>The time has come for a grand ceremony under the watchful gaze of the dragon! 🏰</p>
 <p>The greatest <a href="https://twitter.com/hashtag/SOL?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SOL</a> <a href="https://twitter.com/hashtag/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Airdrop</a> in history, where loyalty is rewarded with treasures as radiant as the treasures of gold. 💰🔥💎</p>
 <p>Let the quest begin! 🔍 <a href="https://t.co/22npUXx2Z5" rel="noopener noreferrer nofollow">pic.twitter.com/22npUXx2Z5</a></p>
 <p>— SMOG (@SMOGToken) <a href="https://twitter.com/SMOGToken/status/1754902724498395244?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 6, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The project is committed to igniting sensational success with a supercharged airdrop campaign.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Conquer the <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> world with <a href="https://twitter.com/hashtag/SMOG?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SMOG</a>, the mighty <a href="https://twitter.com/hashtag/Memecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoin</a> reigning supreme! 🔥🐉</p>
 <p>Ready yourself for the greatest upcoming <a href="https://twitter.com/hashtag/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Airdrop</a> in history, earn points, and stand alongside the dragon as it incinerates all foes! 💰🔥<a href="https://twitter.com/search?q=%24SMOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SMOG</a> Is Now Live! 🚀<a href="https://t.co/1rMhrwmIqQ" rel="noopener noreferrer nofollow">https://t.co/1rMhrwmIqQ</a> <a href="https://t.co/Cu0KxHe2yj" rel="noopener noreferrer nofollow">pic.twitter.com/Cu0KxHe2yj</a></p>
 <p>— SMOG (@SMOGToken) <a href="https://twitter.com/SMOGToken/status/1755279219263787292?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 7, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>The project’s tokenomics contain an allocation for the airdrop as Smog community members have access to the greatest Solana airdrop in history. In order to participate in the SMOG airdrop campaign, traders will need to use a Solana-compatible wallet such as Phantom. The project is also likely to go live on CoinMarketCap soon.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">📢<a href="https://twitter.com/CoinMarketCap?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@CoinMarketCap</a> We have applied for a token update/listing (846804)🐉🔥</p>
 <p>— SMOG (@SMOGToken) <a href="https://twitter.com/SMOGToken/status/1755375005641167251?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 7, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Use SOL, USDT, or BONK tokens to swap for&nbsp;Smog&nbsp;via the&nbsp;<a href="https://jup.ag/swap/" target="_blank" rel="noopener noreferrer nofollow">Jupiter DEX</a>&nbsp;aggregator or&nbsp;<a href="https://birdeye.so/token/FS66v5XYtJAFo14LiPz5HT93EUMAHmYipCfQhLpU4ss8?chain=solana" target="_blank" rel="noopener noreferrer nofollow">Birdeye</a>. Take on the challenge of completing the community task list on Zealy to increase your chances of being selected for the Loyal Chosen. This also helps you increase your airdrop earnings.</p>
<p><iframe title="NEW 100X Potential SOLANA MEME COIN $SMOG Crypto Live - Best 100X MEME COIN To Buy Now?!" width="640" height="360" src="https://www.youtube.com/embed/e0tjWYug1Xs?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p>Join the Smog community on&nbsp;<a href="https://twitter.com/SMOGToken" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://discord.com/invite/WBRBkk9EpV" target="_blank" rel="noopener noreferrer nofollow">Discord</a>, and&nbsp;<a href="https://t.me/SMOGToken" target="_blank" rel="noopener noreferrer nofollow">Telegram</a>&nbsp;to stay tuned with the latest news and updates. You can also explore the&nbsp;<a href="https://smogtoken.com/assets/documents/SMOG%20Litepaper.pdf" target="_blank" rel="noopener noreferrer nofollow">Lite Paper</a>&nbsp;to find out more.</p>
<p><a href="https://insidebitcoins.com/visit/smog" target="_blank" rel="noopener noreferrer nofollow">Visit and buy SMOG here</a></p>
<h3 id="strong-also-read-strong"><strong>Also Read:</strong></h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/solana-mobile-second-series-hits-60000-preorders-within-three-weeks" rel="noopener noreferrer nofollow">Solana Mobile Second Series Hits 60,000 Preorders Within Three Weeks</a></li>
 <li><a href="https://insidebitcoins.com/news/latest-solana-meme-coin-smog-erupts-onto-jupiter-dex-with-airdrop-campaign" rel="noopener noreferrer nofollow">Latest Solana Meme Coin Smog Erupts Onto Jupiter DEX With Airdrop Campaign</a></li>
 <li><a href="https://insidebitcoins.com/news/jupiter-price-prediction-solana-token-jup-bounces-back-with-8-surge-but-analysts-say-consider-meme-coin-spongev2-on-polygon-for-100x-gains" rel="noopener noreferrer nofollow">Jupiter Price Prediction: Solana Token JUP Bounces Back With 8% Surge, But Analysts Say Consider Meme Coin SpongeV2 On Polygon For 100X Gains</a></li>
</ul>
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Solana Price Prediction: Solana Price Surges 7% While New SOL Meme Coin Smog Explodes Onto The Scene With 1,288% Pump

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