Solana overtakes Cardano and Dogecoin in market cap following price surge
The cryptocurrency Solana (SOL) has leapfrogged over both Dogecoin (DOGE) and Cardano (ADA) in market cap rankings, following a significant price surge. During the blockchain’s TVL spike, SOL’s price saw an increase of over 25.4% in the last week alone. The upward trend comes as the wider cryptocurrency market has turned bullish, with Solana outperforming […]
Former Goldman Sachs Exec Raoul Pal predicts Solana to Outperform Bitcoin
Former Goldman Sachs executive macro guru Raoul Pal is optimistic about the cryptocurrency market, referring to the current phase as “crypto spring” and expecting a forthcoming “macro spring.” “We are in ‘crypto spring’ right now, about to enter macro spring,” he said. Speaking on Thursday at Mainnet 2023, Pal stated that he believes Ethereum is […]
Raoul Pal is bullish on Solana’s, says can emerge as Ethereum rival
Former Goldman Sachs executive, Raoul Pal, has expressed his bullish stance on Solana (SOL), highlighting its potential as a rival to Ethereum (ETH). Pal praised Solana’s co-founder, Anatoly Yakovenko, and commended the blockchain’s growing developer community and public awareness. He believes that Yakovenko’s leadership style positively represents the Solana ecosystem. Pal also noted Solana’s engaged […]
FTX’s $3.4 Billion crypto asset sale is going live: What it means for the industry and investors
FTX, a failed cryptocurrency exchange, has been granted permission by a Delaware bankruptcy court to sell its crypto assets amounting to $3.4 billion. The court approved the motion on Wednesday, allowing FTX to liquidate up to $100 million in cryptocurrencies every week. This limit may increase to $200 million with approval from two committees representing […]
FTX’s $3.4 Billion crypto liquidation: What you need to know
FTX, a cryptocurrency exchange facing bankruptcy, is seeking approval to liquidate $3.4 billion in Bitcoin and crypto assets. This has raised concerns among market analysts as it could potentially add selling pressure to the already struggling market. FTX’s crypto holdings include various assets such as Solana, FTT tokens, Bitcoin, Ethereum, and more. The exchange has […]
Is Solana (SOL) the Next Big Thing? Former Goldman Sachs Executive Weighs In
Former Goldman Sachs executive Raoul Pal believes that Solana (SOL) could follow a similar trajectory to Ethereum (ETH) during its bear market in 2018 and 2019. In an interview, Pal stated that SOL, which is his second largest cryptocurrency holding, has the potential for a dramatic recovery and reaching new highs, just like Ethereum did […]