SOL in the spotlight: latest news

Solana (SOL) has faced challenges in staying above the $200 mark due to selling by large investors and profit-taking, which have negatively impacted the market.

Solana is forming a robust ascending triangle around the $185 mark, and analysts are anticipating a potential rally towards $360 if the resistance level is breached.

Gemini has launched a Solana credit card that converts spending into staking opportunities, providing users with up to 4% back in SOL and potential annual yields of up to 6.77%.

Solana (SOL) continues to demonstrate remarkable stability, maintaining its position above $200. This reinforces its status as a leading Layer-1 blockchain. Meanwhile, the BlockDAG protocol's recent $430 million presale and its partnership with Formula 1 indicate a significant shift in the market's long-term outlook.

Gemini, the New York-based exchange, has introduced a Solana-themed credit card that allows users to earn up to 4% rewards in SOL tokens on their purchases.

Gemini has announced the launch of a Solana version of its Gemini Credit Card. With this new card, users can earn SOL rewards on every purchase, which will be automatically staked to enhance their earning potential.

Solana Company (HSDT) has announced that it will expedite the share resale process for investors involved in its $500 million PIPE round, amidst a 60% decline in stock value.

John Bollinger has identified W bottom patterns in Ethereum and Solana, indicating potential bullish trends. However, he notes that Bitcoin does not currently exhibit any signs of a bullish reversal.

Solana (SOL) is facing difficulties in maintaining crucial support levels, prompting traders to monitor the situation for indications of a potential deeper correction. An analyst has cautioned that SOL may be experiencing a bearish breakdown, particularly amid a slowdown in derivatives trading.

Ripple's recent acquisition of GTreasury for $1 billion has sparked interest in the best meme coins to invest in. DeepSnitch AI is being highlighted as a potential candidate for similar growth to that of Solana.

Solana's price hovers around $182 as market sentiment remains cautious. Meanwhile, Blazpay's Phase 2 crypto presale has successfully raised over $735,000, selling 105 million tokens. Analysts have identified Blazpay as a key player in the cryptocurrency space.

Solana solidifies its leadership in the DApp market by processing fast transactions, generating $5 billion in annual fee revenue, and employing over 1,000 full-time developers.