Coinbase Moves to On-Chain Staking for Tezos, Cosmos, Solana, and Cardano
Coinbase will pause staking and unstaking beginning on March 24 and will resume those capabilities on March 29. Users will continue to earn funds during that time.
Solana Price May Fall To $21 Before It Stages Another Recovery
Over the last week, the price of Solana has risen. During the same time frame, SOL surged close to 17%. Although the bulls were in the market, SOL was not entirely out of the woods. The price was dragged to the $21 mark recently after the bears attempted to drag the price down.
Solana [SOL] Slumps to $21 but Can the Bulls Mount a Comeback
Solana saw high volatility on the price charts around 14 March but has been more subdued over the past few days. It has formed a lower timeframe range. Bitcoin’s inability to drive past the $28k mark meant sentiment could be beginning to shift bearish once again in the near term.
Cardano (ADA) Sees Lots of Green Candles, Solana (SOL) Eyes A Breakout Too, While RenQ Finance (RENQ) Doing Great With Its Presale
Amidst the looming economic uncertainties surrounding major economies worldwide, the crypto market is experiencing a renaissance. Signs of a bullish season are apparent, as evidenced by the upward trend in prices on the charts. Cardano, for example, has recently displayed more green candles than in the previous twelve months, while Solana is poised for a breakout that could trigger a significant uptrend.
SOL Over 8% Higher to Start the Week
Solana rose by as much as 8% to start the week, as the token moved toward a one-month high. The token climbed for a second straight session, as the global banking crisis pushed investors towards cryptocurrencies. Chainlink was also higher, hitting a three-week high.
Solana-Based NFT Website Formfunction To Shut Down on March 29
Formfunction, an NFT marketplace platform on Solana, will shut down its website on March 29, about a year after the project raised $4.7 million in a seed funding round.
Cardano, Polygon Slip Around 6%, Solana Drops Over 8% As Market Trades In Red
The market is trading in red today as Bitcoin, and Altcoins including Ethereum see a decline. As of writing, Bitcoin price has decreased by 0.96% in the last 24 hours. Ethereum price decreases by 2.88%. Crypto prices today for Cardano fell by 5.48%. XRP is down by 2.11%. Solana price dropped by 8.44%. Polygon is down by 6.95%. Polkadot price dips by 5.05%.
Solana-based NFT Marketplace Formfunction to Shut Down on March 29th
The platform, which had over 4,000 creators, has helped over 600 creators make at least $1,000, and over 70 creators make at least $10,000.
ATOM, SOL Remain Close to Multi-Week Highs, as Markets Consolidate Recent Gains
Cosmos climbed by as much as 5% in Wednesday’s session, as the token remained close to a multi-week high. Cryptocurrency markets consolidated recent gains in today’s session, with the global market cap down by 0.24% as of writing. Solana continued to trade above $20.00, as prices consolidated.
Bitcoin Trades Near $25k; Solana, Polygon Gains Over 4% As The Market Rallies
The market is trading in green today as Bitcoin and other Altcoins are seeing a jump today as the U.S. CPI inflation data came down to 6%. The U.S. government also shared plans of protecting the citizens from another further banking crisis in the country.