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Solana-based decentralized apps (DApps) are seeing record-high transaction fees, boosting SOL to new heights and highlighting Solana's growing influence in the DeFi and memecoin space.
Solana's rapid growth and efficiency position it as a major Ethereum competitor, with predictions of a $330 SOL price and rising market share.
Solana surges past $150 as traders predict further gains. Key levels, bullish patterns, and rising open interest signal potential breakout.
Solana reaches a record 5.4m daily active addresses, nearly double its closest rival. With transaction fees declining, the upcoming Solana Breakpoint may spark recovery.
VanEck and 21Shares withdrew Spot SOL ETF filings amid SEC concerns over Solana's security status. Despite challenges, SOL's price remains stable with a slight growth.
Key token unlocks for Avalanche, Solana, and Worldcoin next week may impact the crypto market as prices continue to decline in August.
Last week (August 5 to August 11) was a volatile week for the crypto market. Let's review some memorable events of the past week.
SOL/ETH hits a new ATH of 0.063 on August 8, 2024. Traders expect SOL price to surpass $200, despite the need to secure support at $148 to avoid a drop to $100.
The value tracking index for one Solana token exchanged for one Ether token has reached a new all-time high following a market-wide sell-off earlier this week.