NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Solana Rebound Potential: Is $30 The Next Target?

Christian Encila
Christian Encila
1 year ago
3 mins read
Solana

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Solana (SOL) has been on an impressive winning streak, with its price chart resembling the formation of an inverted head and shoulders pattern, a bullish technical indicator signaling potential upward momentum. This surge in SOL’s value has grabbed the attention of crypto enthusiasts and traders alike. 

At the time of writing, SOL is trading at $24.39, according to CoinGecko. Over the past 24 hours, the coin has rallied by an impressive 14.5%, contributing to a seven-day surge of 25.4%. Notably, SOL recently breached the resistance level of $22.2, which now acts as a robust support zone in case of market pullbacks.

Related Reading

Uniswap

Uniswap Soaring User Engagement: How It’s Transforming UNI Price?

1 year ago

Solana: Potential For Further Gains

Analysts are closely monitoring SOL’s ability to maintain its foothold above $22.1, as this could lead to another 13% price surge, with a target zone of $26 to $30. However, a word of caution is in order, as the presence of a long wick rejection around the $24 mark on the daily chart suggests the possibility of a minor pullback. 

SOL market cap nearing the $10 billion mark. Chart: TradingView.com

In a separate report, it is noted that one SOL is currently trading at approximately 0.01281 ETH. This holds significant implications for traders and investors, particularly those closely following the SOL/ETH trading pair. This price point signifies an increase in volatility for Solana, potentially opening up more trading opportunities and the prospect of higher returns. Perhaps even more intriguingly, it highlights Solana’s growing dominance in certain aspects of blockchain technology when compared to Ethereum.

SOL/ETH Trading Pair Signals Opportunity And Competition

Ethereum has traditionally been the go-to platform for decentralized applications (dApps) and smart contracts. However, Solana has been making substantial headway due to its high throughput and lower transaction costs. A breakout in the SOL/ETH trading pair could signal that the market is increasingly recognizing Solana’s potential to rival, and even surpass, Ethereum in specific use cases.

SOL seven-day price advance. Source: Coingecko

Related Reading

CRV

CRV Price Surges 16% – What’s The Next Move For Curve DAO Token?

1 year ago

The implications of SOL’s recent price surge and potential breakout against Ethereum are twofold. Firstly, it indicates a renewed interest and investment in Solana, potentially driving its market capitalization higher. Secondly, it raises the possibility of a more competitive landscape within the blockchain space, with Solana emerging as a serious contender in the world of decentralized applications and smart contracts. 

As crypto enthusiasts continue to watch these developments closely, the future holds exciting prospects for Solana and its investors.

(This site’s content should not be construed as investment advice. Investing involves risk. When you invest, your capital is subject to risk).

Featured image from

Tweet123Share196ShareSend
Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin Price Breaks $100K

Bitcoin Price Retreats After Hitting ATH — Bulls Pause for Breath

Bitcoin price started a fresh increase above the $118,500 zone. BTC traded to a new high above $120,000 and recently...

Aayush Jindal 6 hours ago

【全新升級】Bitunix整合TradingView圖表系統 打造移動裝置專業加密交易 

隨著全球加密市場逐漸邁向成熟,交易者對於圖表分析與下單體驗的要求也日益提高。作為全球成長最快的加密衍生品平台之一,Bitunix 率先將TradingView完整整合進其Web與App端,實現跨裝置一...

Peter Chow 6 hours ago

比特幣突破12萬美元上望20萬 值得關注5種可能突然上漲100倍山寨幣

隨著七月第三週展開,加密貨幣市場迎來了技術形態突破與敘事轉換的關鍵時刻。比特幣延續突破勢頭,今日突破12萬美元大關,市場信心持續累積;而與此同時,一系列加密資產也開始呈現結構性機會。其中,XRP、So...

Mark Mak 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

memecoins, crypto, trump, memecoin

Top Crypto Exchanges Made $172 Million From TRUMP Memecoin Listing – Report

Rubmar Garcia 2 hours ago
Solana

Solana (SOL) Pulls Back — Can Buyers Defend The $155 Line?

Aayush Jindal 3 hours ago
Ethereum Price Rallies Above $3,000

Ethereum Price Fails to Hold Momentum Above $3K — Correction Ahead?

Aayush Jindal 5 hours ago

Premium Sponsors

Press Releases

  • Ove 3 kriptovalute ispod 1 dolara mogle bi pretvoriti 200 USD u milijune do 2027.

    Ove 3 kriptovalute ispod 1 dolara mogle bi pretvoriti 200...

    52 minutes ago
  • Aceste 3 monede sub 5 lei ar putea transforma o investiție de 1.000 RON în 10 milioane RON până în 2027

    Aceste 3 monede sub 5 lei ar putea transforma o investiție...

    2 hours ago
  • How XRP Users Can Make $1 Million from $100 in No Time at...

    7 hours ago
  • Aceste 3 monede sub 5 lei ar putea transforma o investiție de 1.000 RON în 10 milioane RON până în 2027

    2 достъпни криптовалути с...

    12 hours ago
  • Aceste 3 monede sub 5 lei ar putea transforma o investiție de 1.000 RON în 10 milioane RON până în 2027

    2 megfizethető kriptó 9000%-os potenciállal, olyan...

    13 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.