Solana

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<p>The Solana price slumped 8% in the past 24 hours to trade for $136.47 as of 00:07 a.m. EST.</p>
<p>While the SOL price dumped, trading volume surged 41% amid a frenzy of excitement about the possibility of a spot Solana ETF (exchange-traded fund).</p>
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 <p lang="en" dir="ltr">🚀VanEck has filed for the first-ever Solana ETF in the U.S. Introducing the VanEck Solana Trust, aiming to harness Solana's decentralized power and high utility. Stay tuned! 🌟<a href="https://twitter.com/hashtag/AblesRT?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#AblesRT</a> <a href="https://twitter.com/hashtag/sec?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#sec</a> <a href="https://twitter.com/hashtag/trading?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#trading</a> <a href="https://twitter.com/hashtag/VanEck?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#VanEck</a> <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Solana</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/ETF?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ETF</a> <a href="https://t.co/SWJRylgSWs" rel="noopener noreferrer nofollow">pic.twitter.com/SWJRylgSWs</a></p>
 <p>— Sequential Rotation T Official (@SRTradeofficial) <a href="https://twitter.com/SRTradeofficial/status/1808706925074526614?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 4, 2024</a></p>
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<p>VanEck is the first company in the US to file for the financial instrument and head of research Mathew Sigel indicated its move is a play on the possibility that Donald Trump becomes president, and that the leadership of the Securities and Exchange Commission is changed.</p>
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 <p lang="en" dir="ltr">VANECK PURSUES SOLANA ETF IN THE FACE OF REGULATORY CHALLENGES</p>
 <p>VanEck's Matthew Sigel discussed the path to a Solana ETF while facing regulatory complexities, citing electoral impacts and SEC leadership changes.</p>
 <p>"It all depends on the SEC chair," Sigel said, highlighting the… <a href="https://t.co/ExI2IgMSHc" rel="noopener noreferrer nofollow">pic.twitter.com/ExI2IgMSHc</a></p>
 <p>— IBC Group Official (@ibcgroupio) <a href="https://twitter.com/ibcgroupio/status/1808615632642191788?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 3, 2024</a></p>
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<h2 id="solana-price-prediction">Solana Price Prediction</h2>
<p>The Solana price is trading with a bearish bias, consolidating within a falling parallel channel with prospects for extended losses. While the centerline of the channel continues to hold as a support floor, how long this lasts is on the balance as sellers continue to overpower the bulls.</p>
<p>To start with, the Relative Strength Index (RSI) is recording lower highs, and has nosedived below the mean level of 50. It typically indicates that the Solana price could continue recording a downward trend as it approaches oversold conditions.</p>
<p>In the same way, the Moving Average Convergence Divergence (MACD) has crossed below the signal line (orange band). This crossing generally suggests that the short-term momentum has turned negative and the potential for a further decline in the stock price may be looming.</p>
<p>With such an outlook, the downtrend could extend for the Solana price to slip below the centerline of the channel. This would see the altcoin provide another buying opportunity at $130.79, or in a dire case, slip lower to collect the buy-side liquidity residing underneath.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/07/ss.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-542921 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/07/ss.png" alt="Solana price" width="1366" height="768" srcset="https://insidebitcoins.com/wp-content/uploads/2024/07/ss.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/07/ss-300x169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/ss-1024x576.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/ss-768x432.png 768w" sizes="(max-width: 1366px) 100vw, 1366px"></a></p>
<p><a href="https://www.geckoterminal.com/solana/pools/FpCMFDFGYotvufJ7HrFHsWEiiQCGbkLCtwHiDnh7o28Q" target="_blank" rel="noopener noreferrer nofollow">GeckoTerminal: SOL/USD 4-hour chart</a></p>
<p>On the other hand, if the centerline holds as a support, a bounce atop this support floor could send the altcoin north. A stable candlestick close above $155.89 would vindicate the Solana price from the foothold of the bearish technical formation, effectively making SOL attractive to buy. Nevertheless, only a candlestick close above $175.91 would invalidate the bearish thesis.</p>
<p>Meanwhile, as the Solana price holds above support offered by the center line of the channel, investors continue to <a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-wienerai" target="_blank" rel="noopener noreferrer nofollow">buy WienerAI (WAI</a>), an AI meme coin that YouTuber Jon Trading says is the top AI crypto meme coin in 2024.</p>
<p><iframe title="The Top AI Crypto Meme coin 2024? WienerAI (Don't Miss Out)" width="640" height="360" src="https://www.youtube.com/embed/STxm_osLgeY?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="strong-promising-alternative-to-solana-strong"><strong>Promising Alternative To Solana</strong></h2>
<p>WAI is the native cryptocurrency behind the <a href="https://insidebitcoins.com/visit/wienerai" target="_blank" rel="noopener noreferrer nofollow">WienerAI</a> ecosystem. It is a hybrid token using its AI capabilities to emulate the success of other canine meme coins like DOGE and SHIB.</p>
<p>The project combines animal memes, advanced AI tech, and a bit of processed meat humor. It has garnered a huge following, with its presale already soaring past $7 million in funds raised.</p>
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 <p lang="en" dir="ltr">We've hit the $7M milestone! 🌭🚀</p>
 <p>A huge thank you to our amazing community! The journey is just beginning, and the future is bright! 💰🐾 <a href="https://t.co/ZPmTgXb6Lu" rel="noopener noreferrer nofollow">pic.twitter.com/ZPmTgXb6Lu</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1808537216702165421?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 3, 2024</a></p>
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<p>The WienerAI project will soon integrate trading bot capabilities to its platform. This AI-powered trading bot will deliver user-friendly AI-enhanced trading, seamless swap functionality, and zero fees.</p>
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 <p lang="en" dir="ltr">More than just a bot–WienerAI is your ultimate crypto trading companion.</p>
 <p>We're delighted to share some sneak peeks with our incredible and supportive community. (1/4) <a href="https://t.co/kR8ypeJycj" rel="noopener noreferrer nofollow">pic.twitter.com/kR8ypeJycj</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1800560901088809124?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 11, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>WienerAI boasts carefully designed tokenomics aimed at fostering long-term sustainability and growth. The team has already set aside 20% of tokens for staking rewards, where users can&nbsp;stake $WAI&nbsp;for an impressive 162% annual percentage yield (APY).</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Our Dachshund is chillin' on the beach before the big launch! 🏖️🌭</p>
 <p>Are you ready to catch the wave? 🌊 <a href="https://t.co/6I41W6uWiM" rel="noopener noreferrer nofollow">pic.twitter.com/6I41W6uWiM</a></p>
 <p>— WienerAI (@WienerDogAI) <a href="https://twitter.com/WienerDogAI/status/1802038054028468411?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 15, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Each WAI token is currently selling for only $0.000725. Buy soon if you are interested before a price hike strikes in about 34 hours.</p>
<p><a href="https://insidebitcoins.com/visit/wienerai" target="_blank" rel="noopener noreferrer nofollow">Visit and buy WienerAI here</a> using ETH, USDT, or a bank card.</p>
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/news/what-sets-wienerai-apart-from-floki-inu-a-deep-dive-into-meme-coin-differences" rel="noopener noreferrer nofollow">What Sets WienerAI Apart from Floki Inu? A Deep Dive into Meme Coin Differences</a></li>
 <li><a href="https://insidebitcoins.com/news/wienerai-brings-novel-twist-to-crowded-meme-coin-sector-with-hotdog-canine-ai-hybrid" rel="noopener noreferrer nofollow">WienerAI Brings Novel Twist to Crowded Meme Coin Sector With Hotdog-Canine-AI Hybrid</a></li>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/wienerai-price-prediction" rel="noopener noreferrer nofollow">WienerAI Price Prediction – $WAI Price Potential in 2024 and Beyond</a></li>
 <li><a href="https://www.linkedin.com/pulse/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye" rel="noopener noreferrer nofollow">Are Crypto Presales Worth It? The Pros and Cons You Need to Know!</a></li>
</ul>

Solana Price Prediction: SOL Plunges 8% As This AI Meme Coin Rockets Past $7 Million

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Inside Bitcoins

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