Altcoins News
By Sakamoto Nashi
1 / 15
Whale Activity Favors Solana. One of the biggest drivers of this shift comes from major market participants.
2 / 15
Solana vs Ethereum: Liquidity and Market Strength. A recent analysis of the SOL/ETH trading pair reveals that Solana is inching closer to breaking…
3 / 15
DEX Volume Surpasses Ethereum. In a notable milestone, Solana’s decentralized exchange (DEX) trading volume recently surpassed…
4 / 15
Storm Clouds Ahead: Sell-Offs Begin. Despite all the bullish momentum, not everything is smooth sailing for Solana.
5 / 15
Outlook: Can Solana Maintain Its Momentum?. Solana’s recent outperformance of Ethereum across several key metrics—whale accumulation,…
6 / 15
Solana (SOL) has been rapidly gaining ground on Ethereum (ETH) in recent weeks, with key metrics showing increased adoption, stronger liquidity, and growing investor interest.
7 / 15
One of the biggest drivers of this shift comes from major market participants. Galaxy Digital, a well-known crypto whale, recently sold 65,600 ETH (worth $105.
8 / 15
This trend isn’t isolated. A number of other whales have reportedly reduced their ETH exposure as Ethereum’s price struggled, while Solana has shown comparatively better…
9 / 15
A recent analysis of the SOL/ETH trading pair reveals that Solana is inching closer to breaking its all-time high in comparison to Ethereum.
10 / 15
Beyond this, Solana's ecosystem continues to strengthen. According to DeFiLlama, Solana’s Total Value Locked (TVL) has grown steadily, currently sitting at $7.36 billion.
11 / 15
In parallel, the amount of stablecoins held on Solana has surged to $12.98 billion. Stablecoin growth is often seen as a sign of increasing on-chain activity, as traders and…
12 / 15
In a notable milestone, Solana’s decentralized exchange (DEX) trading volume recently surpassed that of Ethereum, Binance Smart Chain (BSC), Base, and Arbitrum. With $5.
13 / 15
The reasons behind this growth are tied to Solana's speed and low transaction fees, which have made it an attractive alternative to Ethereum’s more congested and expensive network.
14 / 15
Despite all the bullish momentum, not everything is smooth sailing for Solana. Recent data shows that the number of wallets holding SOL has declined—from 11.11 million to 10.
15 / 15
This kind of sell-off can place downward pressure on SOL’s price, especially if more holders follow suit.
The Currency Analytics
Want the full story?