Solana

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Persistent Outages Raise Doubts about Solana Network Reliability

Crypto News and Updates / /

Although known for its high-speed transaction processing, Solana’s supposed centralization and repeated network disruptions have drawn criticism. Despite holding a significant place in the Layer 1 sector, Solana has faced continuous problems over the years, with major crashes occurring annually since 2021. Recently, a 5-hour outage on February 6th broke a year of uninterrupted service, leading to widespread disapproval and disappointment among industry experts. This Solana network reliability is

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Solana's Impressive Rise: Is $50 the Next Milestone?

Solana’s Impressive Rise: Is $50 the Next Milestone?

Crypto News and Updates / /

Despite the turbulent altcoin market, Solana (SOL) has been making noteworthy strides this month. Following a slight dip, SOL’s bullish momentum is driving it towards a $50 target. Its consistent growth in the past two weeks positions it among the top cryptocurrencies today, currently trading at $43.23, a 3% rise in the last 24 hours.

Even under substantial sell pressure, Solana has held steady, with the crypto exchange FTX offloading millions of crypto assets to settle customer debts.

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Get your cryptocurrency news & events at cryptogeni.us! Image used for post: Solana's Bullish Momentum Could Propel it Towards $35

Solana’s SOL token is Bullish and Momentum Could Propel it Towards $35

Crypto News and Updates / /

Solana (SOL) is making significant strides in the cryptocurrency market, with its price surpassing the $30 resistance against the US Dollar. Riding high on a major rally, SOL broke through the $28 resistance and is now trading above $29.20 and the 100 simple moving average (4 hours). The formation of a key contracting triangle with resistance near $32.10 on the 4-hour chart of the SOL/USD pair indicates possible strong gains if it clears the $32.10 and $32.75 resistance levels.

After es

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