Solana (SOL) is currently not at its best in the crypto market. However, some analysts believe this is just temporary.
Following on from The Merge and Shanghai, Ethereum is planning further upgrades to make the blockchain more powerful. While waiting for the promised major changes, Solana offers a "plausible" possibility to the Ethereum team. Find out what Anatoly Yakovenko, cofounder of Solana Labs, has to say.
SEC attacks are wreaking havoc on the crypto sector, and companies are not exempt. Revolut recently made an exit that is unlikely to please all its customers, as they will soon no longer be able to trade certain tokens. So, goodbye to Solana (SOL), Polygon (MATIC) and Cardano (ADA)?
Usually, when the SEC classifies any token as a “security,” it is followed by sanctions for fraud or illegal sale of an “unregistered security.” And to make matters worse, the digital asset witnesses a plunge in its price. Three famous crypto projects, Solana, Cardano, and Polygon, recently concerned about the actions of the SEC, are taking a stand to avoid the worst.
Launched only in 2020, Solana is one of those layer 1 blockchains that already enjoys a certain level of recognition in the crypto market. In an interview, its co-founder even goes as far as declaring that Solana has the potential to be the Apple of crypto.
Raoul Pal, the founder of Real Vision, former Goldman Sachs executive, and macroeconomics expert, recently shared his optimism about Solana (SOL) in the latest edition of the Global Macro Investor (GMI) newsletter. Drawing on his technical analysis expertise, Pal remains convinced that Solana is on the verge of a significant uptrend.
Anatoly Yakovenko, the creator of Solana, was recently interviewed on Token Terminal's YouTube channel. It was an opportunity for him to discuss the great capabilities of his blockchain. He declared that Ethereum's rival could meet global demands.
The crypto market seems to be regaining height since the beginning of the year. Some Altcoins are gradually climbing back up after hitting their DIPs. Price forecasts could be positive for some tokens, estimates this crypto analyst. He analyzed FTM, XRP, Cardano and Solana, cryptos that have shown a bull…