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 (SOL) Tallies 10% Gains On Last Day, Is It Set To Reach $30?

Jammy Hunts
Jammy Hunts
2 years ago
4 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.

Many crypto assets are in the red today, and the global crypto market cap has also decreased by 0.08% in the past day. Cryptocurrencies such as Bitcoin and Ethereum have already lost some of their past-day price gains. But amid the struggle to stay green, Solana is holding up a 10.97% gain in 24 hours. The coin is also recording an impressive gain of 29.4% in its 7-day trend. 

Solana is also showing positive movements in market cap and trading volume. The market cap has gained 11.14% in the last 24 hours, while the highest gain for SOL is a 349.87% increase in trading volume. This growth indicates a massive surge of activities with the coin. 

Related Reading

Bitcoin

Bitcoin Puell Multiple Hits 14-Month High, Here’s What It Means

1 year ago

Today’s price for SOL stands at $26.20, and speculators wonder if it will hit $30 in the coming days. 

Solana Price and Ecosystem Trend in Recent Times

SOL prices have shown an incredible uptrend since the beginning of the year. The coin opened at $9.96 on January 1 and rose to $13.34 on January 4. From January 4-9, SOL traded between $13 and $14, only to close at $16.20 on the 10th, starting another price uptrend. 

Five days later, on January 14, SOL spiked from $18 to $24. It recorded rallies and pullbacks until January 29, when it reached $26. Afterward, another trend of rallies and pullbacks continued until today, February 20, when it gained $2 to stand at $26. 47. Also, the 24-hour trading volume shows a whopping 356.89% indicating increased activities. 

Looking at the gain in price and trading volume, the recent activities in the ecosystem may be affecting them. For instance, the Helium network has announced March 27 as the day to migrate to Solana and deploy Oracles. This merge between Helium and Solana will increase activity level and usage for SOL, the native token of the host blockchain.  

Another impressive trend in the Solana ecosystem is the rise in buyers for NFTs based on the network. According to Cryptoslam data, Solana-based NFTs buyers grew by 7.38% in 24 hours, above Ethereum-based NFTs buyers recording a 5.08% increase in the same range. 

As per a Tweet by SolanaLegend, this is the era of NFTs in the Solana ecosystem. According to him, Solana is better than Ethereum regarding costs for dropping NFTs. To deploy smart contracts on Ethereum, developers pay $5,000+. But on Solana, the cost is $30, a huge difference. 

A recent event that could be pushing SOL’s price and volume is the ongoing global hackathon. Developers are encouraged to register and build to earn $5 million in prizes and seed funding for their projects. 

SOLUSD price chart
SOL’s price is currently trading at $26.44 in the daily chart. | SOLUSD price chart from TradingView.com

 

Solana Price Prediction, Will It Reach $30 Soon?

SOL is up by 11.78% in 24 hours, trading at $26.43 in the market today. Solana increased from $9.98 on January 1, 2023, to trade at $23.46 on February 18, 2023. It is trading above its 50-day and 200-day Simple Moving Average (SMA), confirming the current trend as bullish.

Related Reading

Shiba Inu price

Shiba Inu Jumps 4% As Lead Dev Answers ‘When Shibarium’

1 year ago

The Relative Strength Index (RSI) is 63.39, which is in the buy zone but not yet in the overbought region of 70. The Moving Average Convergence/Divergence (MACD) has moved above its signal line, confirming the price rally.

The support levels are $21.09, $22.19, and $23.73, while the resistance levels are $26.36, $27.46, and $28.99. Solana is expected to break the $27.46 resistance in the short term. The price may increase to $30 in the coming weeks if the bulls continue driving the price revival. 

Note: Cryptocurrencies are highly volatile and can deviate from past price performance or predicted behavior. A proper understanding of technical analysis and price action is a vital strategy for risk management.

Featured image from Pixabay and chart from TradingView.com
Tweet123Share196ShareSend
Jammy Hunts
Jammy Hunts

Jammy Hunts

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

Solana

Solana Breaks Out Of Symmetrical Triangle—Next Stop $164?

Solana has shown a potential breakout from a Symmetrical Triangle. Here’s where the next price target could lie, according to...

Keshav Verma 2 days ago
Solana

Is Solana About To Break Out? Key Levels And Indicators Say Watch Closely

Solana is exhibiting strong bullish signs supported by moving averages, volume, and momentum indicators, which hint at a short-term pause...

Sandra White 3 days ago
Solana (SOL) Rockets Over 10%

Solana (SOL) Spikes to $160 — Will Bulls Power Past This Wall?

Solana started a fresh increase above the $155 zone. SOL price is now consolidating gains and might struggle to rise...

Aayush Jindal 3 days 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

Solana

Solana (SOL) Set For Price Run To $2,700 — But This Condition Must Hold

Semilore Faleti 12 hours ago

Why The Solana Price Could Crash To $95 Before Reaching $200

Scott Matherson 1 day ago
Bitcoin nove maximum ATH 2025

Bitcoin prekročil hranicu 118 000 $. Bude Bitcoin Hyper katalyzátorom ďalšieho rastu?

Nina Šefčíková 2 days ago

Premium Sponsors

Press Releases

  • アルトコイン急騰の今買うべき仮想通貨プレセール

    ...

    8 hours ago
  • 仮想通貨おすすめ|強気市場で爆発的成長が見込まれる注目のミームトークン

    ...

    8 hours ago
  • BTC最高値更新の中で注目される新たなレイヤー2プロジェクトが狙う仮想通貨1000倍の可能性

    ...

    9 hours ago
  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    1 day ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    1 day 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.