Solana Cryptocurrency is currently on bullish momentum by 12.76% in the last 6 hours. At 02:15 EST on Thursday, 22 April, Solana is at $36.50.

Social Status

Currently, Solana has 160214 Twitter followers and 8634 Reddit subscribers.

As of now, on Github, there are 357 forks, 1574 stars, and 97 subscribers.

Volatility

Solana’s last week, last month’s, and last quarter’s current volatility was 28.27%, 28.27%, and 28.27%, respectively.

Solana’s current volatility rank, which measures how volatile a financial asset is (variation between the lowest and highest value in a period), was 28.27% (last week), 28.27% (last month), and 28.27% (last quarter), respectively.

Crypto Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Solana’s crypto is considered to be oversold (<=20).

News about Bitcoin

38-year-old exchange founder launches Bitcoin, ether funds. According to Bloomberg Quint on Wednesday, 21 April, "Huobi Tech is rolling out four funds including ones that will virtually track Bitcoin and Ether prices, allowing investors to bet on the coins without actually holding any currency. "

JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "It’s likely traders including Commodity Trading Advisers (CTAs) and crypto funds were at least partly behind the buildup of long Bitcoin futures in recent weeks, as well as the unwind in past days, they said.", "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted."

Bitcoin volatility pushes Indian crypto users towards stablecoins. According to Bloomberg Quint on Thursday, 22 April, "The trading volumes for Tether, often dubbed as crypto-cash, have grown exponentially, claim exchanges WazirX, Unocoin, Bitex and ZebPay, even as growth in Bitcoin trading volumes has slowed.", "Even for us, the USDT volumes grew nearly five-fold to $3 million in April compared to last year, as many of our traders liquidated their Bitcoin holdings and converted them into stablecoins," said Sathvik Vishwanath, founder and chief executive of Unocoin, one of the oldest crypto exchanges in India."

Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year.", "Day traders have also pushed up stocks such as Bitcoin miner Marathon Digital Holdings Inc. and crypto broker Voyager Digital Ltd., which are up at least 8,900% in the past year. "

More news about Solana.

LEAVE A REPLY

Please enter your comment!
Please enter your name here