Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term.
Solana news
Bitcoin’s strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.
Onchain data shows that the trader holds 9.62 million CHILL GUY tokens, worth about $5.6 million at current market prices.
Bitcoin’s failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
Starting in December, Bitcoin holders will be able to stake BTC on Babylon, a Bitcoin layer-2, from the Sui network.
Solana’s monthly DEX volume surpasses $100 billion for the first time, fueled by high network activity and the memecoin frenzy.
Pudgy Penguins’ safety project manager reported that a Pump.fun user was threatening viewers that they would commit suicide if their token didn’t pump.
Dogecoin, XRP, Stellar and Sandbox saw a larger liquidation share than usual as some top altcoins from the 2020-2021 cycle soared as high as 50%.
November has already surpassed October’s total volume, continuing strong market momentum for NFTs.
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor.