Solana

when

Elon Musk

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. 
Solana is up over 31% this week and recently crossed the $135 mark for the first time since April 2022. Meanwhile, eTukTuk is also gathering speed as its presale races past the $1.5 million mark. 
<h2 class="wp-block-heading" id="strong-sol-rallies-as-robinhood-relists-strong">SOL rallies as Robinhood relists </h2> 
A trifecta of converging events has enabled Solana to outperform the market, pumping by 8.3% today and 31% this week. 
Trading around $135, Solana is flirting with a long-standing resistance level. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/029TQHmRCKaQ-GTVJVTbvOBrd0xZ_OH_OMlBwYYbZNr_lkBKQHBrJ9dGZpfvLbJi4Na8twCaK825dofXgSKoZVJ9CFSFhmPsvPoZgnXL-0PzHs4jylMRZ2g2OibpTbQ54Ptp4nfWrv8qFyiJuFpFW1c" alt="Solana breaks $135, eco-friendly coin raises over $1.5m in presale - 14">
</figure> 
The most apparent catalyst to propel SOL to this level is the broader market uptick, with Bitcoin surging 20% this week and currently just $8K from its ATH. 
Altcoins have also surged, with the total <a href="https://www.tradingview.com/chart/kMI6of7m/?symbol=CRYPTOCAP%3ATOTAL2" target="_blank" rel="noopener">altcoin market cap</a> crossing the $1 trillion mark today for the first time since May 2022. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/2yhz6s2z0SXOQZKhd_QnLLo-ZTVGb3tOoduaSd4yx0lYh0-C7Adxh18_BQ9edtjtx9pdUQ4EguJrPyLb9OJhQnoZYOfvoYi1YMWssTYfGLOb2Cb8mjgaHgVCa9NhDm_-DorYdZkMva9iDuP6XheMCaE" alt="Solana breaks $135, eco-friendly coin raises over $1.5m in presale - 15">
</figure> 
Leading investment platform eToro recently announced it would relist Solana on its exchange after delisting it around the $15 mark in the bear market. 
 You might also like: <a href="https://crypto.news/elon-musk-sues-openai-worldcoin-sinks-by-5/"> Elon Musk sues OpenAI, Worldcoin sinks by 5% </a> 
With Robinhood boasting over 10 million <a href="https://www.businessofapps.com/data/robinhood-statistics/" target="_blank" rel="noopener">users</a>, the move will expose Solana to new retail demand, potentially enhancing its bull market price potential. 
However, the move sparked outrage, with Solana community members conveying disappointment that Robinhood removed support for SOL at its lows, only offering it to investors when it is approaching its ATH. 
X analyst CryptoCurb <a href="https://x.com/CryptoCurb/status/1763356087414108372?s=20" target="_blank">suggested</a> the move is “one of the biggest rugs” he has seen in his seven years in crypto. 
Curb notes that Robinhood removed support at its discounted price, only relisting following almost a 10x. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/6h693vdP-31SCCb7zdiAXvkFMQLmzzIWIV2Ubtzbrhk8wgNmUEJbrUdlz5hmR7mO-fV0xK9YUQD9yVWf3G81inRT9XuY7S_zjDJRkDx_whQA3FG3Ldfg3jE3QsNV0rU4_h9tdS9GWue2Oa5Dx7KUQkA" alt="Solana breaks $135, eco-friendly coin raises over $1.5m in presale - 16">
</figure> 
Besides Robinhood’s relisting, a bullish price chart breakout attributed to the recent pump. 
As well as the long-standing $136 level drawing a retest/potential breakout, SOL broke a lower-time frame ascending triangle to the upside. 
 You might also like: <a href="https://crypto.news/binance-user-loses-70k-in-hack-support-says-email-provider-to-blame/"> Binance user loses $70k in hack, support says email provider to blame </a> 
The price soared immediately after as traders gained confirmation on Solana’s trajectory. 
In response, analyst Nebraksagooner <a href="https://x.com/Nebraskangooner/status/1763430607307043077?s=20" target="_blank">believes</a> that Solana will rally toward $160. 
Crypto Knight holds a similar position, <a href="https://x.com/cryptoknight890/status/1763382417161642056?s=20" target="_blank">speculating</a> Solana is headed toward $170 in the coming weeks. 
The analyst also noted the price breakout, but drew as a symmetrical triangle rather than an ascending one. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/KlbLxJRuovptO_SN98JYrHOh4Okj2R8nxI9rLh7ypZ64sgGx59pR4PhQyy9Ykrb2Sa-cHosyqqoITWW5QKhev784il5kFt-Ukcdev1tgfgAC2vo7ifnTYOpBkLg3DUmJR1cJNe0DFCBydNfjyD_cbO0" alt="Solana breaks $135, eco-friendly coin raises over $1.5m in presale - 17">
</figure> 
That said, traders must be aware that Solana remains under a critical long-term resistance level. Until a break and retest above $136, there remains a risk of a potential rejection and move to the downside.&nbsp; 
With that in mind, many traders seek diversified portfolios, increasing exposure to high-potential projects while limiting downside risk.&nbsp; 
Amid this, eTukTuk, a new project tackling climate change with AI and electric vehicles, is emerging as an option. 
<h2 class="wp-block-heading" id="strong-etuktuk-raises-1-5-million-strong">eTukTuk raises $1.5 million</h2> 
As the world grapples with rising temperatures from intense climate emissions, <a href="https://bs_3193f8d8.crypto-news.care/?referrer=solana-continues-to-rally-past-$135-as-new-eco-friendly-coin-raises-$1" target="_blank" rel="noopener">eTukTuk</a> plans to harness world-leading technologies to address the issue. 
Through a blend of blockchain, AI, and physical environmentally-friendly infrastructure, eTukTuk hopes to eradicate global climate change, starting its operations in Sri Lanka. 
 You might also like: <a href="https://crypto.news/etuktuk-raises-1-2m-in-presale-analysts-expect-more-gains/"> eTukTuk raises $1.2m in presale, analysts expect more gains </a> 
The project represents a big step towards modernization and sustainability within the transport industry in developing nations. 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-us.googleusercontent.com/nrw07P58n0vxZmmgbwG2Yd5BguoelCgZGj7KwVwSPC3Z5cUyZ8m9h9DgkEWby4xeZgKMoaAKX7TDqRrWtBvAvBq_yE38D8J2MfriwL7JYTP-TthkTyLuoRMBS5nVzHrGd7EEvXbzmywx_mVQ8YB9hMw" alt="Solana breaks $135, eco-friendly coin raises over $1.5m in presale - 18">
</figure> 
Tackling issues like high carbon emissions, Co2-related health issues, and global financial disparity, eTukTuk is strategically implementing a fleet of zero-emission electric vehicles and complementary charging stations in urban and suburban areas in developing regions. 
Launched on the Binance Smart Chart, eTukTuk will provide widespread accessibility, offering financial and transportation services to the world’s 1.4 billion unbanked adults. 
 You might also like: <a href="https://crypto.news/etuktuk-raises-1m-in-presale-as-investors-fight-climate-change/"> eTukTuk raises $1m in presale as investors fight climate change </a> 
Meanwhile, the project’s inclusion of AI introduces route optimization to minimize fuel consumption and reduce traffic. It will also usher in predictive maintenance, ensuring the infrastructure’s longevity to reduce wastage and cut costs. 
Having already partnered with Sri Lanka’s largest privately held company, Capital Maharaja Group, eTukTuk’s swift action reflects the team’s commitment to success. 
TUK is trading for $0.0275 in the ongoing presale. 
 Read more: <a href="https://crypto.news/bitfufu-to-go-public-on-nasdaq-following-merger-with-arisz-acquisition/"> BitFuFu to go public on Nasdaq following merger with Arisz Acquisition </a> 
 Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.

Solana breaks $135, eco-friendly coin raises over $1.5m in presale

목차

crypto.news

2024년 3월 1일에 게재된 다른 기사

CoinEx: A Gateway to Diverse Crypto Trading Options

Bitmain Launches Antminer S19k Pro: A Game-Changer for Bitcoin Mining

Artificial Intelligence Tokens Gain Momentum in Crypto Market

RWA Protocol Ondo Finance to Launch Tokenized Security

Bullish Bitcoin Metric Could Signal Massive 1,900% Surge in BTC Value

Binance Announces 13 New Cryptocurrency Projects to Invest in!

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!