{"id":526549,"date":"2023-04-12T08:15:09","date_gmt":"2023-04-12T08:15:09","guid":{"rendered":"https:\/\/wncen.com\/?p=526549"},"modified":"2023-04-12T08:15:09","modified_gmt":"2023-04-12T08:15:09","slug":"solana-sparkles-in-last-24-hours","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/solana-sparkles-in-last-24-hours\/","title":{"rendered":"Solana Sparkles With Highest 24-Hour Gain Among Top 10 Cryptos"},"content":{"rendered":"

Solana [SOL] has been on a roll lately, leaving investors in anticipation of how far its crypto can rise. But is this just a fleeting moment of glory, or is there more to Solana’s surge than meets the eye?\u00a0<\/span><\/p>\n

Over the last few hours, the crypto has been on an unstoppable upward trajectory, outpacing other top 10 cryptocurrencies in terms of market capitalization. With a 12% gain in the last 24 hours, Solana is making headlines and drawing attention from even the most skeptical investors.\u00a0<\/span><\/p>\n

So, what’s behind Solana’s incredible performance, and is it here to stay?<\/span><\/p>\n

Solana Positive Sentiments Boost Its Market Position<\/strong><\/h2>\n

At the time of writing, the price of SOL stands at $23.71, <\/span>according to Coingecko<\/span><\/a>, representing a 5.2% rally in just 24 hours. But that’s not all \u2013 over the last seven days, the crypto has seen an equally impressive 12.4% rally, cementing its position as a rising star in the digital currency world.\u00a0<\/span><\/p>\n

\"\"<\/p>\n

As investors eagerly watch and wait, the question on everyone’s mind is whether this star is destined for even greater heights, or whether it will come crashing back down to earth.<\/span><\/p>\n

Over the past 24 hours, SOL experienced a remarkable surge in volume, soaring by over 200%. This dramatic increase in trading activity coincided with a positive shift in investors’ outlook on SOL, as their sentiments turned bullish in response to the market’s upswing.<\/span><\/p>\n

Another indicator of SOL’s growing popularity was its Binance funding rate, which rose significantly. This rise in funding rate points to a heightened demand for SOL in the derivatives market.<\/span><\/p>\n

Furthermore, SOL’s price volatility has increased over the last few hours, specifically within the past week. This uptick in price movement further bolsters the potential for a continued upward trend for SOL.<\/span><\/p>\n

SOL Price: Market Indicators Favor Bulls<\/strong><\/h2>\n

Investors looking to capitalize on cryptocurrency trends should take note of <\/span>SOL’s recent bullish market indicators<\/span><\/a>. With the Relative Strength Index (RSI) indicating a sharp uptick and the Chaikin Money Flow (CMF) crossing the neutral mark, the Bollinger Bands are also showing that SOL’s price is leaving a less volatile zone.<\/span><\/p>\n

Related Reading: Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts<\/a><\/div>\n

<\/p>\n

SOL market cap currently at $9.3 billion on the daily chart at TradingView.com<\/a><\/pre>\n
Related Reading: Polkadot Rises In Popularity Among Futures Traders \u2013 A Bullish Turn For DOT Price?<\/a><\/div>\n
While the Exponential Moving Average (EMA) Ribbon shows that bulls and bears are currently in a battle, the odds are in favor of the bulls emerging victorious based on the overall trend. As a result, investors can expect SOL’s price to continue to climb in the coming days.<\/span><\/p>\n
Overall, SOL’s recent market indicators suggest that now is a good time to invest in this cryptocurrency. Whether you’re a seasoned investor or just starting, keep a close eye on SOL’s performance in the market in the coming days.<\/span><\/p>\n
-Free Vector Art & Graphics<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
Solana [SOL] has been on a roll lately, leaving investors in anticipation of how far its crypto can rise. But is this just a fleeting moment of glory, or is there more to Solana’s surge than meets the eye?\u00a0 Over the last few hours, the crypto has been on an unstoppable upward trajectory, outpacing other top 10 cryptocurrencies in terms of market capitalization. With a 12% gain in the last 24 hours, Solana is making headlines and drawing attention from even the most skeptical investors.\u00a0 So, what’s behind Solana’s incredible performance, and is it here to stay? Solana Positive Sentiments Boost Its Market Position At the time of writing, the price of SOL stands at $23.71, according to Coingecko, representing a 5.2% rally in just 24 hours. But that’s not all \u2013 over the last seven days, the crypto has seen an equally impressive 12.4% rally, cementing its position as a rising star in the digital currency world.\u00a0 As investors eagerly watch and wait, the question on everyone’s mind is whether this star is destined for even greater heights, or whether it will come crashing back down to earth. Over the past 24 hours, SOL experienced a remarkable surge in volume, soaring by over 200%. This dramatic increase in trading activity coincided with a positive shift in investors’ outlook on SOL, as their sentiments turned bullish in response to the market’s upswing. Another indicator of SOL’s growing popularity was its Binance funding rate, which rose significantly. This rise in funding rate points to a heightened demand for SOL in the derivatives market. Furthermore, SOL’s price volatility has increased over the last few hours, specifically within the past week. This uptick in price movement further bolsters the potential for a continued upward trend for SOL. SOL Price: Market Indicators Favor Bulls Investors looking to capitalize on cryptocurrency trends should take note of SOL’s recent bullish market indicators. With the Relative Strength Index (RSI) indicating a sharp uptick and the Chaikin Money Flow (CMF) crossing the neutral mark, the Bollinger Bands are also showing that SOL’s price is leaving a less volatile zone. Related Reading: Bitcoin Price Poised To Hit $50,000, This Crypto Expert Predicts SOL market cap currently at $9.3 billion on the daily chart at TradingView.com Related Reading: Polkadot Rises In Popularity Among Futures Traders \u2013 A Bullish Turn For DOT Price? While the Exponential Moving Average (EMA) Ribbon shows that bulls and bears are currently in a battle, the odds are in favor of the bulls emerging victorious based on the overall trend. As a result, investors can expect SOL’s price to continue to climb in the coming days. Overall, SOL’s recent market indicators suggest that now is a good time to invest in this cryptocurrency. Whether you’re a seasoned investor or just starting, keep a close eye on SOL’s performance in the market in the coming days. -Free Vector Art & Graphics<\/p>\n","protected":false},"author":557,"featured_media":526565,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[142,4735,86420,83626],"class_list":["post-526549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoins","tag-price-action","tag-sol-price","tag-solana"],"acf":[],"yoast_head":"\nSolana Sparkles With Highest 24-Hour Gain Among Top 10 Cryptos<\/title>\n<meta name=\"description\" content=\"Solana has been on a roll lately, leaving investors in anticipation of how far its crypto can rise. 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But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later). Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana Sparkles With Highest 24-Hour Gain Among Top 10 Cryptos","url":"http:\/\/wncen.com\/news\/solana-sparkles-in-last-24-hours\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/solana-sparkles-in-last-24-hours\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-36.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-36.png?fit=698%2C572"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","price action","sol price","solana"],"dateCreated":"2023-04-12T08:15:09Z","datePublished":"2023-04-12T08:15:09Z","dateModified":"2023-04-12T08:15:09Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana Sparkles With Highest 24-Hour Gain Among Top 10 Cryptos\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana-sparkles-in-last-24-hours\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/solana-sparkles-in-last-24-hours\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-36.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/04\\\/a-36.png?fit=698%2C572\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"price action\",\"sol price\",\"solana\"],\"dateCreated\":\"2023-04-12T08:15:09Z\",\"datePublished\":\"2023-04-12T08:15:09Z\",\"dateModified\":\"2023-04-12T08:15:09Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/04\/a-36.png?fit=698%2C572","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/526549"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=526549"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/526549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/526565"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=526549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=526549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=526549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}