Solana (SOL) has managed to break through major resistance levels both horizontally and diagonally, indicating a successful breakout. This breakout is seen as a sign of a potential bullish trend reversal.
Solana (SOL) has achieved a remarkable breakthrough by surpassing both long-term and short-term resistance levels, signifying a crucial turning point for the cryptocurrency's future.
While Polygon had a higher number of daily active addresses compared to Solana, the situation varied when it came to the number of transactions. This raises the question of whether there is a definitive winner between the two.
The Solana-based project, Cardinal Protocol, intended to enrich the functionality of non-fungible tokens (NFTs), is winding down its operations as a result of challenging economic circumstances.
The recent actions taken by the United States Securities and Exchange Commission (SEC) against two of the largest crypto exchanges, Binance and Coinbase, have elicited responses from professionals throughout the crypto sector.
Binance is facing a lawsuit from the United States Securities and Exchange Commission (SEC), which has classified a minimum of 61 cryptocurrencies as securities, impacting tokens worth $100 billion in the market.