Solana (SOL) Sustains Second Week of Inflows as Blockchain Sentiment Improves

According to CoinShares data, digital asset investment products saw $117 million inflows last week, the largest since July 2022, while total assets under management (AuM) have risen to $28 billion, up 43% from their November 2022 lows.

While the focus seemed to be almost entirely on Bitcoin, which saw $116 million in inflows last week, altcoins such as Solana saw inflows as well. Solana is sustaining its second week of inflows as sentiment around its blockchain has generally improved. Solana investment...
Solana (SOL) price rally could fizzle out due to weak fundamentals

Solana’s usage data and ecosystem development do not support the recent bullish rally, raising the probability of a SOL price correction.

Solana’s recent 250% rally to $25 has shocked many investors in the crypto market. At the same time, traders who had eyes on the negative funding rate for SOL in the futures market could have anticipated the bullish move ahead of others....
Solana price rally risks exhaustion after SOL's 120% pump in two weeks

SOL price has been unable to close above a key resistance level of around $17.50 despite its big rebound in the past two weeks.

Solana price is up an impressive 60% since the new year, partially boosted by hype surrounding meme cryptocurrency Bonk (BONK). However, the SOL/USD pair now shows signs of exhaustion, raising anticipations that the token may see a short-term correction in the coming days....
Solana’s Anatoly Yakovenko Shares Thoughts on Ecosystem’s Biggest NFT Projects Leaving for Ethereum and Polygon

Solana (SOL) co-creator Anatoly Yakovenko has chimed in on the expansion of some of the blockchain’s biggest projects to other chains.

In November, Solana’s largest marketplace for non-fungible tokens (NFTs), Magic Eden, announced it was expanding to its third chain, Polygon (MATIC)....
Solana joins ranks of FTT, LUNA with SOL price down 97% from peak — Is a rebound possible?

SOL price jumped 20% after falling to its worst level since February 2021 with Solana's technicals suggesting that more upside is possible.

Solana price down 97% from November 2021 peak...
Solana (SOL) Is Like Santa Claus: Some Still Believe in It, Mike Alfred Says

Investor in stocks and Bitcoin Mike Alfred has tweeted to liken Solana's native token SOL to Santa Claus in that, while children believe in Santa, some adults still have faith in Solana and hope to see a rise of SOL in the future.

Alfred sticks with Bitcoin, rejects SOL Crypto analyst Miles Deutscher stated that there is no such a thing as a "bad product," there is only a bad buy. He believes that once SOL reaches price at which it will become a buy with a +EV (EV=expected value), and at that...