2024

Solana

Bitcoin

Solana (SOL), which left its mark on 2023 with its rise, rose up to $126. SOL, which entered 2024 at around $100, dropped to $80 after the corrections.
However, Solana became active again and surpassed Bitcoin with its performance.
At this point, while BTC made a strong comeback last night and rose above $ 45,000, there were also increases in altcoins.
In this rise, Solana showed a prominent performance again, surpassing Bitcoin by rising above $104.
Evaluating Solana's performance against Bitcoin, Santiment said that the outage in the SOL network on Monday caused concern among investors but created a local bottom for the price.
Pointing out that FUD among SOL investors increased due to the outage, Santiment stated that this FUD triggered the recovery in SOL price.
<blockquote>
 “Solana has been one of the few altcoins to outperform Bitcoin this week, climbing back above $102.
 In the last 36 hours, the SOL/BTC trading pair increased by 4.5%.
 “After the outage in the SOL network, which worried traders on Monday, the price reached a local bottom, and the FUD in SOL due to the outage fueled this price recovery.”
</blockquote>
SOL continues to trade at $102 at the time of writing.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <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>
 — Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1755422786452094994?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 8, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/santiment-this-altcoin-outperformed-bitcoin-with-its-performance-what-is-the-reason/" rel="noopener noreferrer nofollow">Santiment: "This Altcoin Outperformed Bitcoin With Its Performance!" What is the reason?</a>

Santiment: "This Altcoin Outperformed Bitcoin With Its Performance!" What is the reason?

Bitcoin Sistemi EN

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