🌟 What’s your $SOL price prediction for #2026 ? 👇 💰 Choose your target: ✅ $250 ✅ $1,000 ✅ $7,500 ✅ $10,000 ✅ $20,000 🚀 My target? $10,000! 👉 Will $SOL reach $10,000 or stay below? Share your predictions in the comments! 🔽
🔸Predict the closing price of Bitcoin on 01/10/2025 according to the spot price at Binance, with the closing time at 06:59 on 02/10/2025.
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$SOL The pricing model indicates strong growth potential
Although the report warns of some risks such as the centralization of validation, excessive speculation, and inflationary pressures due to the end of the transaction fee burn mechanism, Solana is still assessed as being undervalued compared to its potential.
The discounted cash flow (DCF) model shows that the fair value of SOL ranges from 520 USD to 1,800 USD, depending on the growth rate — significantly higher than the current price of about 180 USD.
If Solana captures half of Ethereum's market capitalization, this coin could continue to grow strongly in payment sectors, AI, and acceptance from financial institutions.
The report concludes that Solana is emerging as a leading Layer 1 competitor and a core infrastructure platform for the next generation of blockchain.
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Chuong Luckyman
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I placed a Long order over a week ago, why haven't I seen it close yet? Does the order close after 7 days? I'm new to this so I don't understand, could someone please explain? Thank you.
Technical analysis $SOL The bulls pushed Solana (SOL) above the 20-day EMA ($141) on July 10, showing that the bears are losing control. The SOL/USDT pair could rise to the 50-day SMA ($151), where the bears are expected to mount a strong defense. If the price turns down from the 50-day SMA, the bears will attempt to drag the pair to $116. Conversely, a breakout and close above the 50-day SMA would indicate demand at higher levels. The pair could then rise to the downtrend line. The buyers will have to push the price above the downtrend line to invalidate the developing descending triangle pattern.
Solana welcomes its most significant upgrade in years: ZK Compression
High-performance L1 blockchain Solana is preparing for the activation of ZK Compression technology on mainnet, which is expected to change the way Solana (SOL) dApps scale and significantly reduce computational costs. ZK Compression is a significant upgrade to Solana's rate and performance metrics, aiming to reduce the size of ZK proofs while maintaining efficiency and safety. This technique allows blockchain systems or applications using ZK technology to process and store information more efficiently, especially when it is necessary to prove the correctness of large amounts of information. without revealing sensitive details. Mert Mumtaz, co-founder and CEO of Helius, a Solana infrastructure application, expects this advancement to bring a “10,000x scale improvement” to Solana's L1 design. In terms of cost efficiency, ZK Compression delivers over 5,200 times cheaper transactions, as revealed in Mumtaz's calculations. Technically, the upgrade will compress the size of Solana's blockchain state. Since state is the most resource-intensive component of the Solana (SOL) blockchain, enabling compression significantly reduces hardware costs and overall blockchain performance.
3iQ is the first organization to file for registration of the Solana exchange-traded product (ETP) in Canada. Canada is about to have its first Solana ETF.
3iQ Digital Asset Management has filed documents with the Ontario Securities Commission, offering to sell the first Solana ETP product in North America.
The proposed ETP, called Solana Fund, offers Canadian investors exposure to SOL without having to use hot wallets or other blockchain technology, similar to an ETF. The product also brings income from staking generated by the network.
If approved, the fund will be listed on the Toronto Stock Exchange, with the code QSOL. Greg Benhaim, Executive Vice President of Trading Products at 3iQ, shared: "As a pioneer in digital asset investment management, we look forward to continuing our mission of providing regulated investment vehicles that embody the highest standards and collaboration with leading partners - for individual and institutional investors to gain effective access to this crypto asset class."
Overall, the new product aims to provide holders with SOL's daily price fluctuations, long-term capital appreciation, and staking returns. 3iQ was one of the first fund managers to launch a publicly traded Bitcoin and Ethereum fund in Toronto.
Commenting on 3iQ's plans, Bloomberg ETF analyst Eric Balchunas was quite surprised that more asset managers did not file similar filings in the US. This could be a strategic move to position them in case there is a change in cryptocurrency regulations from the new administration. $SOL #btc #eth
The current market looks pessimistic for most cryptocurrencies, including top altcoins like Solana [SOL] which is having difficulty sustaining its gains. However, if considered from a macro perspective, the situation may soon change positively. History can repeat
Data from CoinMarketCap shows that Ethereum [ETH] price has dropped more than 4% in the past 7 days. In fact, other top altcoins like BNB and Solana also saw drops of 11% and 12% respectively. In this situation, famous analyst Mustache shared a tweet highlighting some interesting points. This tweet indicates that altcoins are following a similar pattern to 2016–2017. During that time, altcoin market capitalization stabilized near the 2012 market high for a while, before skyrocketing to new highs in 2017. altcoin-tang
Similarly, in 2024, altcoin market capitalization also stabilized near 2017 highs. Therefore, if history repeats itself, investors could soon see altcoins, including SOL, reached new highs.
Is Solana leading the altcoin rally? Bitcoin Magazine will analyze SOL's on-chain data to see if there is any hint of an impending price increase. According to data analysis from Santiment, SOL's weighted sentiment index has improved after falling on June 9. This means that the bullish sentiment surrounding the coin has increased in recent days. Additionally, SOL's social volume index also remains high, reflecting its popularity in the cryptocurrency space. $SOL
Solana's recent continued price increase is largely driven by memecoin trading on its network, according to the founder of a Solana-based decentralized exchange.
Zeta Markets founder Tristan Frizza said the token's increase in value was largely driven by an increase in memecoin trading activity on the Solana network.
“Memecoin has definitely become an important factor driving activity on Solana. Beyond speculation, this also demonstrates Solana's ability to handle high transaction volumes at low costs, making it the ideal environment for retail users.” Frizza shared with The Block.
To illustrate this, Frizza pointed to on-chain metrics such as Solana's total value locked (TVL) surpassing $4.9 billion. “This shows strong network activity, and the number of active users has also continued to increase, with monthly active addresses reaching a new high of 41.65 million in May,” Frizza added. .
Solana is up more than 5% in the past 24 hours and is currently trading at $175 at the time of writing, according to The Block's price page.
Solana is driven by growth in DeFi
According to this week's Bitfinex Alpha report, Solana's DeFi ecosystem is experiencing growth, as demonstrated by its lending, liquidity staking, and perpetual markets.
“The resurgence of Solana is due to the advantages it offers over other blockchains in terms of transaction speed per second and scalability. Both Solana and Ethereum continue to grow, but Solana's growth is notable
Solana (SOL) is seeing an uphill battle between bulls and bears near a breakout level of $162.
If the bears prevail and push the price below $162, the SOL/USDT pair can drop to the 50-day SMA ($153). This level could act as minor support but is likely to be broken. The pair could then slide to $140.
If the bulls want to stop the decline, they will have to quickly push the price above $174. If they do so, the pair could rally to $189 and then $205. The bulls may have difficulty overcoming the $205 resistance. #SOLUSDT $SOL
Solana developer says new crypto phone is 'crazy', but it already has $65 million in pre-orders
Steven Laver is currently the lead software engineer on Solana Labs' efforts to transform the crypto experience, by bringing blockchain capabilities to users.
It's called Chapter 2 and it's scheduled to launch in early 2025. Pre-orders for the new device are priced at $500, and Solana says it already has more than 130,000, or $65 million in pre-orders. .
However, at first glance, Steven Laver does not seem like the person who would lead the boldest project in cryptocurrency. He didn't even work in the crypto space until early 2022. The 43-year-old software engineer worked on BlackBerry in the 2000s and later helped develop the Windows Phone app store at Microsoft.
Chapter 2 is Solana's attempt to liberate cryptocurrency from the desktop and the dominance of Apple and Google application platforms. Silicon Valley powerhouses have long made it difficult for crypto-friendly mobile developers, by charging hefty fees or banning crypto apps from their platforms. In a world where investing, shopping, banking and everything else happens on smartphones, cryptocurrencies are still struggling to gain a foothold. Last year, Solana tried its hand with Solana Saga which worked on Android. Customers bought about 20,000 units, worth $600 each, too low compared to the target of 50,000. $SOL
Solana (SOL) broke above the nearest resistance at $185 on May 20, but the bulls could not sustain the higher levels.
The price dropped below $185 on May 21, showing that the bears have not given up yet. However, the upsloping 20-day EMA ($161) and the RSI in positive territory signal that the path of least resistance is to the upside.
If the buyers overcome the hurdle at $165, the SOL/USDT pair could retest the key resistance at $205. This positive view will be invalidated in the near term if the price turns down and breaks below the moving averages.
NEAR Protocol prepares to launch NEAR AI: User-owned AI system
NEAR Protocol (NEAR) co-founder Illia Polosukhin announced in a social media post on Wednesday plans to launch NEAR AI, a user-owned AI system that allows users to create applications web3 without encryption on an end-to-end network. NEAR Protocol, a blockchain network that uses decentralized applications (Dapps) to improve user-friendliness, recently revealed plans to launch user-owned AI. Illia Polosukhin, co-founder of NEAR, revealed the protocol's plans to become the home for user-owned AI, aiming to optimize AI technology for user privacy and sovereignty. To achieve this goal, they founded NEAR AI, a research lab focused on AI projects. He tweeted: “Today we announced that we will focus on making NEAR the home for user-owned AI. We need AI optimized for user privacy and sovereignty. With the introduction of user-owned AI, NEAR hopes to welcome anyone interested in building end-to-end Web3 applications without coding, shifting the focus from centralized units in branch." NEAR rose 4%, as the news appeared to have had an impact on its market price. This news also contributes to the continued attention that AI tokens have attracted over the past few months. #NEAR🚀🚀🚀
#SOLUSDT Solana Leads as the Fastest Blockchain Among Large-Scale Blockchains
Research from CoinGecko says Solana is the fastest among large-scale blockchains, with average daily actual transactions per second (TPS) reaching a record high of 1,504 on April 6, 2023 as the rush meme coin explodes. Such statistics make Solana about 46 times faster than Ethereum and 5 times faster than Polygon.
To determine the fastest blockchains, CoinGecko research analyzed the processing speeds of the top 30 blockchains based on their total value locked (TVL) ranking on DefiLlama as of May 15, 2024. Processing speed is measured using actual or executed transactions per second (TPS), calculated as a daily average to ensure standardized comparisons across as many blockchains as possible.
CoinGecko claims the highest real TPS value reported in the study may differ from other calculations because they use daily averages. TPS data is derived from publicly available information provided by the respective blockchain explorers and Dune Analytics. However, several blockchains, including Hyperliquid, PulseChain, Kava, Cardano and Rootstock, were excluded from the study due to lack of complete data.