2024

Solana

Step Finance

Coin

<p>The Solana price has surged 5% in the past 24 hours to trade for $154.24 as of 02:25 a.m. EST on trading volume that surged 130%.</p>
<p>With this surge, SOL has become bucked the market’s slump on the back of the Solana collaboration with Velo. The partnership is intended to set a precedent for worldwide financial innovation, starting with the reshaping of Laos’ digital gold market.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">With the Velo and Solana collaboration, we're not just reshaping Laos' digital gold market; we're setting a precedent for worldwide financial innovation 🚀</p>
 <p>Learn how this partnership could redefine global access to digital assets through this article 👇🏻…</p>
 <p>— Velo Official (@veloprotocol) <a href="https://twitter.com/veloprotocol/status/1787717059868348831?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 7, 2024</a></p>
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<p>The surge in trading volume for SOL is also ascribed to the Solana Hackathon after Ore took the victory and the $50,000 Grand Prize in Circle’s USD Coin (USDC).</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Just in:</p>
 <p>Despite disrupting Solana's network in April, Ore wins <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> hackathon and the $50,000 Grand Prize in USDC. 🏆</p>
 <p>This proof-of-work Solana-native crypto aims to improve and offer a reliable digital currency solution. <a href="https://twitter.com/hashtag/Cryptocurency?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cryptocurency</a> <a href="https://twitter.com/hashtag/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoNews</a> <a href="https://t.co/FQZccH050S" rel="noopener noreferrer nofollow">pic.twitter.com/FQZccH050S</a></p>
 <p>— 24h.bz (@24hbz) <a href="https://twitter.com/24hbz/status/1787730615976239467?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 7, 2024</a></p>
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<p>The victory marks the conclusion of the ColosseumOrg, which was advertised as the biggest online Solana Hackathon by participants. The competition was focused on finding Solana’s “next wave of high-impact projects.”</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🚨 BREAKING: <a href="https://twitter.com/ColosseumOrg?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ColosseumOrg</a>, the biggest online <a href="https://twitter.com/solana?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@Solana</a> Hackathon by participants, has concluded:</p>
 <p>▶️ 8,300+ participants.<br>▶️ 1,071 submissions.<br>▶️ Builders from over 95 countries.</p>
 <p>(Winners have also been announced). <a href="https://t.co/FglH7ZPYKj" rel="noopener noreferrer nofollow">pic.twitter.com/FglH7ZPYKj</a></p>
 <p>— SolanaFloor | Powered by Step Finance (@SolanaFloor) <a href="https://twitter.com/SolanaFloor/status/1787569541104505141?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 6, 2024</a></p>
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<h2 id="solana-price-prediction">Solana Price Prediction</h2>
<p>The Solana price is trading with a bullish bias, coiling up for a 96% breakout after the completion of a Rounding Bottom Pattern. Based on the Relative Strength Index (RSI) outlook, which has posted higher lows since June 2023, bullish sentiment is building in the SOL market.</p>
<p>Increased buying pressure above current levels could see the Solana price extend the climb into the supply zone between $197.70 and $250.21. A break and close above the mean threshold of the bearish order block at $224.14 would confirm the continuation of the primary trend.</p>
<p>The execution of the Rounding Bottom Pattern would set the pace for the Solana price to rally 96% to the target objective of&nbsp; $382.68, a climb of nearly 94% above current levels.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/05/SOLUSDT_2024-05-07_09-20-38.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-517786 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/SOLUSDT_2024-05-07_09-20-38.png" alt="Solana" width="1273" height="542" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/SOLUSDT_2024-05-07_09-20-38.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/05/SOLUSDT_2024-05-07_09-20-38-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/SOLUSDT_2024-05-07_09-20-38-1024x436.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/SOLUSDT_2024-05-07_09-20-38-768x327.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"></a></p>
<p><a href="https://www.tradingview.com/x/OguK56ZB/" target="_blank" rel="noopener noreferrer nofollow">TradingView: SOL/USDT 1-week chart</a></p>
<p>On the other hand, if traders start cashing in on the gains made so far, the Solana price could drop. The ensuing seller momentum could see SOL price lose support at $130.45. An extension below the $116.00 intra-day low of the April 8 trading session would produce a lower low, invalidating the bullish thesis.</p>
<p>Even with the Solana price coiling up for a possible 96% breakout, some traders are still considering SEAL, as this new SOL meme coin presale marches toward $1 million.</p>
<p><iframe title="🔥 THIS NEW SOLANA MEME IS LAUNCHING SOON! - GET IN ON THR GROUND FLOOR!??" width="640" height="360" src="https://www.youtube.com/embed/OPl7iv8vfqk?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-solana">Promising Alternative To Solana</h2>
<p>SEAL is the powering token for the <a href="https://insidebitcoins.com/visit/sealana" target="_blank" rel="noopener noreferrer nofollow">Sealana</a> project, a patriotic, obese American redneck seal trading his way out of his mom’s basement to pursue his dream of crypto riches.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/05/GMfiurmXAAAHT85.png" rel="noopener noreferrer nofollow"><img decoding="async" class="alignnone wp-image-517788 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/GMfiurmXAAAHT85.png" alt="Sealana" width="850" height="850" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/GMfiurmXAAAHT85.png 850w, https://insidebitcoins.com/wp-content/uploads/2024/05/GMfiurmXAAAHT85-300x300.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/GMfiurmXAAAHT85-768x768.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/05/GMfiurmXAAAHT85-64x64.png 64w, https://insidebitcoins.com/wp-content/uploads/2024/05/GMfiurmXAAAHT85-86x86.png 86w" sizes="(max-width: 850px) 100vw, 850px"></a></p>
<p>Sealana represents a novel addition to the meme coin space, a culture-driven niche. It centers on a quirky and relatable digital mascot. The project’s integration with Solana blockchain is a key advantage, leveraging Solana’s robust performance, low fees and rapidly expanding ecosystem.</p>
<p>SEAL benefits from Solana’s scalability and thriving developer community. It goes a step further to improve its prospects compared to meme coins on more congested Layer 1 networks like Ethereum.</p>
<p>The success of the project is manifested in how explosive its presale has been with more than $271K raised in less than a week since its launch. Crypto analyst and YouTuber Clay Bro says Sealana has the potential for a 10X rally after launch.</p>
<p><iframe title="New Meme Coin Has 10x Potential! Sealana Is The Latest Solana Meme Coin Set To Rally!" width="640" height="360" src="https://www.youtube.com/embed/4wx8oentz98?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>With this ”send SOL” type presale, there is no timer, stages, or even a hard cap, which means it could close at any time. So, if you are attracted, buy now to avoid disappointment.</p>
<p><a href="https://insidebitcoins.com/visit/sealana" target="_blank" rel="noopener noreferrer nofollow">Visit and buy Sealana here</a>. One SOL buys 6, 900 SEAL.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-sealana" rel="noopener noreferrer nofollow">How to Buy Sealana – SEAL Presale Review</a></li>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/sealana-price-prediction" rel="noopener noreferrer nofollow">Sealana Price Prediction – SEAL Price Potential in 2024</a></li>
 <li><a href="https://insidebitcoins.com/news/5-must-watch-meme-coins-for-10x-potential-best-cryptocurrencies-to-buy-now" rel="noopener noreferrer nofollow">5 Must-Watch Meme Coins for 10X Potential – Best Cryptocurrencies to Buy Now</a></li>
 <li><a href="https://www.linkedin.com/pulse/best-meme-coins-invest-top-picks-exponential-gains-calsona-iorle" rel="noopener noreferrer nofollow">Best Meme Coins to Invest in: Top Picks for Exponential Gains!</a></li>
</ul>

Solana Price Surges 5% As This New ”Send SOL” Meme Coin ICO Marches Towards $1 Million

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