Solana’s Sizzling Summer: Will $160 Unleash the Bulls?
On July 10, Solana (SOL) surged over 4%, climbing from an intraday low of $153 to reach $159.60 by press time, marking one of the token’s strongest single-day moves in recent weeks. đ
On July 10, Solana (SOL) surged over 4%, climbing from an intraday low of $153 to reach $159.60 by press time, marking one of the token’s strongest single-day moves in recent weeks. đ
Ethereum’s price climbed to a high of $2,821.56 on July 10, the strongest level recorded since June 12. This upward momentum was largely driven by a renewed surge in demand for Ethereum spot ETFs, particularly in the United States. According to data from July 9, inflows into Ethereum ETFs spiked to $211.32 million, marking the second-largest daily increase since February.
Ali Martinez, a crypto trader followed by more people than I’ve met (or avoided meeting), just told his 139,600 X followers that Pudgy Penguin (PENGU)âyes, an NFT project named after the tuxedoed tap dancer of the arcticâis apparently poised to turn your sarcasm into quadrupled returns by August. You know, just after everyone forgets their New Yearâs resolutions, but before your Aunt Sharonâs next âdetoxâ phase kicks in.
Now, let’s talk about the real star of the show: Solana. Bit Mining plans to raise between $200 million and $300 million to acquire SOL, and will convert its existing digital asset holdings into Solana. The company is positioning itself for emerging opportunities across the broader blockchain industry, and we can’t help but wonder if they’re onto something.
This here coin doesnât just behave; it stampedes. The daily trading volume barreled up more than 50 percent, a staggering $66 billion swirling around like dust in a dry windstorm. And as always, the markets picked their bones cleanâover $325 million in leveraged BTC bodies hauled off to the rookery in the last 24 hours. Cheers to volatility! đť
Behold! A most esteemed crypto analyst hath shared with us a 4-hour chart of WIF/USDT, wherein we see the token, freed from its downtrend, doth assume a more neutral stance, with whispers of a potential reversal. The most recent higher low, a beacon of hope, doth set the stage for a grand ascent toward a higher high, signaling that the bearish pressure, that great nemesis of the bulls, doth weaken. đ
Mr. Nicolas Kokkalis, esteemed Head of Technology (and, one presumes, a gentleman of considerable means in technical matters), has announcedâwith no small amount of prideâthat network setup is now as simple as an invitation to a ball, if not less fraught with social risk. Auto-updates shall arrive gradually, as oneâs friends do during an unexpected rain shower, but for the impatient, the latest version awaits on that vast promenade known as GitHub.
It all began on July 4, when the company announced that it’s taking steps to list its token on cryptocurrency exchanges. A bold move, indeed! And, as you’d expect, the secondary market trading has already started on platforms like Whales.market and MEXC. The token’s price? A whopping $0.13 to $0.18! đ¸ Not bad, considering its initial sale prices were $1.5 and $0.5. Hmm… something smells fishy đ.
âInfrastructure is solidifying, experimentation is scaling, and new use cases are gaining traction,â proclaimed Chris Kuiper, the Vice President of Research at Fidelityâs crypto arm, in a statement that could have been lifted straight from a Victorian novel. đ