A pseudonymous trader under the nickname Bluntz, who has 257.1k followers on microblogging platform X, said Solana is poised for a price breakout.

Bluntz noted that #SOL prices have formed a bullish pattern on the four-hour chart and are trading higher.
In my opinion," he wrote, "SOL is poised for a strong breakout.
The analyst also uses a century-old principle of technical analysis called the Elliott Wave Theory. According to this theory, price cycles are divided into two groups of five waves and three corrective waves. On Mr. Blantz's chart, #Solana has completed the correction phase after falling towards the $120 mark a week ago.
It is worth noting that in June 2018, Mr. Blantz predicted that the bear market that saw #bitcoin fall from its then high around $20,000 would end with the benchmark cryptocurrency trading at $3,200. That prediction proved to be correct, and #BTC fell to that level in December of that year.
In recent years, Solan has been criticized for constant disruptions to the network, including brief #blockchain outages. After weeks of trading disruptions amid a frenzy of demand for Mimcoins on the network, Solana has finally turned the corner by releasing its first fix for the congestion issue. According to a recent update, Solana's block mining speeds are back to normal, with an average block time of two seconds.
According to SolanaFloor, a total of 409 transactions have been processed on the Solana blockchain, indicating that the Solana network is healthy. This positive network performance could portend a surge in demand for Solana.
With the blockchain's health improving, the SOL bulls may be ready to put on an outstanding show.
According to CoinGecko, at the time of publication, the price of SOL stood at $150.38, down 5% over the past 24 hours. From a local low of $ 120 USD, the token has risen 28%.
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Gym Doge (GYMDOGE) has the potential to become a viral meme coin like Shiba Inu (SHIB) and Dogecoin (DOGE).

Gym #Doge (GYMDOGE) is a #Solana meme coin that was launched today and aims to challenge other meme coin giants like Shiba Inu (SHIB) and #Dogecoin (DOGE).
Early investors in #SHIB and DOGE have made astronomical returns, and Gym Doge offers a similar opportunity.
Gym Doge currently has a market value of less than $10,000. This means that if the market value reaches the modest level of $200,000-$500,000, early investors will realize a profit of 2000-5000% in a matter of days or hours.
Memcoin could rise 5,300% over the next two days, and Gym Doge could reach a market capitalization of several million dollars within a few weeks.
Currently, Gym Doge can only be bought on decentralized solanium exchanges such as Jupiter and Raydium, and the first investors could make huge profits in the coming days.
To buy Gym Doge on these platforms, users connect their Solflare, MetaMask or Phantom wallets and enter the contract address - CqudELpjNktwDig23QPW6efNaBkzmUKspuDLpqfoZjo - in the receipt field to be entered to exchange Solana for Gym Doge.
Indeed, early investors could get returns similar to those who invested in Shibabu (SHIB) and Dogecoin (DOGE) before these mimcoins went viral and exploded in value.
If that happens, a new wave of mimcoin millionaires could be born within weeks or even sooner.
Major memcoins such as Shibabu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) have been trading sideways and losing momentum over the past few weeks.
As a result, many investors in SHIB, DOGE and WIF are instead putting their money into newer Solana memcoins such as GYMDOGE.
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A high-profile analyst has predicted that Ethereum (ETH) rival cryptocurrency Solana (SOL) is set to make a strong breakout soon.

Pseudonymous analyst Blantz told his 256,800 subscribers on social media platform X that #SOL has drawn a bullish pattern on its four-hour chart and appears to have set a higher low.
In my opinion, SOL is poised for a strong breakout.
This trader is also using Elliott wave theory. According to Elliott Wave Theory, bullish assets often witness new rallies after a three-part ABC correction. His chart suggests that traders completed the ABC correction after the SOL retested the $120 level.
At the time of writing, #Solana is trading at $159, up more than 3% in the last 24 hours.
The analyst also states that #PEPE (PEPE) appears to be in a bullish uptrend after bouncing off the key Fibonacci level at $ 0000004454. He also believes that Pepe's chart is the most bullish compared to other major memcoins.
Of all the major memcoins, Pepe looks the best in my opinion. [Pepe has already cleared and bounced off the lows of wave (a) after reversing off the key 0.618 [Fibonacci level].
Judging from the chart, analysts suggest that Pepe could move above the USD 0000013 level.
At the time of writing, Pepe was trading at $0000007721, up more than 14% in the last 24 hours.
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One example of mimcoin's appeal to traditional financial institutions is Newport Beach-based Stratos, which launched a highly liquid fund using Dogwifhat tokens in December.

Dogwifhat, the Solana-founded mimcoin known for its mascot, a bean-coated dog, has become a major player in the #cryptocurrency world, and its price has risen more than 300 times.
This significant growth reportedly allowed Stratos to achieve a staggering 137% return in the first quarter of 2024, outpacing the growth of the broader cryptocurrency market. However, #Dogwifhat has since retreated more than 35% from its all-time high (ATH) of $4.83 reached on March 31, and is currently trading at $BTC Interestingly, it's not just Stratos that wants to invest in Mimcoin, but other hedge funds as well.
For example, asset manager Brevan Howard has reportedly made a "paltry" investment in Mimcoin. Crypto fund Pantera Capital recently noted the resilience of Mimcoin and the "tremendous" trading opportunities it offers.
Just a gamble?
Despite the enthusiasm of some hedge funds, many cryptocurrency participants remain skeptical of Mimcoin, the report noted.
Quinn Thompson, founder of Wrecker Capital, a hedge fund experimenting with Mimcoin trading, compares the current hype to the speculative fever seen in traditional markets such as Game Stop.
In addition, Thompson called Mimcoin "the tip of the speculation spear," emphasizing the "gambling nature" of the trade.
However, Cosmo Zhang, a portfolio manager at Pantera Capital, noted that the evolution of mimcoins goes beyond mere tomfoolery, with some calling them "cultural coins" that symbolize belonging to a particular group or belief system.
The report notes that the emergence of apps like Pump. fun, which allows users to mine coins in minutes, has made it easier to create and operate mimcoins. Blockchains like #Solana and Coinbase's Base, with low transaction fees, have been flooded with these tokens.

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Scammers are cashing in on the hype surrounding meme coins, taking advantage of users' increased risk appetite due to FOMO.

ZachXBT found that 12 pre-sale #Solana #meme coin projects have been "completely abandoned" over the past month.
This came after the projects raised $26.7 million from investors.
ZachXBT highlighted these projects in an April 21 post on Site X, warning investors not to post links to future projects by the listed founders.
Although only a month has passed, 12 different pre-sale Solana meme coins have been completely discontinued after raising over 180,650 #SOL ($26.7 million USD).
This warning is due to the fact that many of these projects crashed shortly after launching, and some have not even been able to issue actual tokens.
The I Like This Coin (LIKE) project, founded by founder (pseudonym) pokeee. #eth , led the way in terms of funding. It raised 52,220 solans (SOL), equivalent to $7.7 million at current market prices.
However, in the first eight hours of trading, the value of the coin dropped by more than 90%. At the time of publishing this article, the value of LIKE has fallen 99.2% from its launch price.
In addition, the official X-account of the meme coin's founder hasn't posted anything new since March 31, and the pokeee. eth website hasn't provided any updates on the #token since then.
LIKE is followed by MOONKE, a meme coin also launched by the anonymous RockyXBT. moonke suffered the same fate as its predecessor, despite an initial valuation of $500 million: shortly after launch, the coin's value plummeted by more than 99%.
Another project launched by founder Jared_eth raised 4,567 SOLs worth about $812,000, but never materialized because the token never launched.
A recent study by Blockaid found that 50% of pre-sale tokens launched on the Solana blockchain between November 2023 and February 2024 were malicious.

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Chain data showed that the AVAX price is at a quadruple jump point.

In the short term, AVAX's price could jump to $51.45, leaving #SOL behind.
Avalanche's [AVAX] social dominance reached an all-time low for the first time since November 2023, with a social dominance ratio of 0.205%, according to Santiment data analyzed by AMBCrypto.
The drop in this ratio means that there has been little discussion of tokens in the top 100. However, the last time the dominance ratio reached such a low level, the token's price rose from $11.62 to $48.93 in less than two months.
Is #AVAX in a favorable position to overtake SOL?
AVAX and #Solana [SOL] were roughly on the same pedestal in terms of price growth during this period. Both companies' prices were down from Q4 2023 figures, but SOL still performed better in Q1 2024.
Over the past 90 days, SOL prices have increased 64.43%. In contrast, AVAX's price has risen 18.93%. However, low social control is likely to lead to a return to Midas-like characteristics.
If that happens, the token's price could rise to $50.60 within weeks. At the time of going to press, AVAX was trading at US$37.31. Beyond the native token price, however, there have been other ways in which the Solana ecosystem has outperformed Avalanche.
For example, dogwifhat [WIF] is the top mimcoin in Solana. At the same time, #Coq Inu [COQ] is the top coin in Avalanche. However, the prices over the past 30 days have been the exact opposite.
While COQ fell 34%, #WIF soared 37%, suggesting that there is much more interest in SOL than AVAX. Despite this difference, AVAX appears to be a better buy than SOL. Traders may decide that the lower share price is worth the increased liquidity.
Meanwhile, sentiment around SOL and AVAX is negative: -0.619 for AVAX compared to -1.023 for SOL, suggesting that traders have more faith in the short-term bullish outlook for AVAX than the latter.

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The estate of bankrupt cryptocurrency exchange FTX is preparing for another significant asset sale that will involve Solana tokens (SOL). Unlike previous deals, this time Solana tokens will be sold via auction.

According to Mike Cagney, CEO of decentralized finance company Figure Markets, the company will reveal the exact details of the auction today. The decision to opt for an auction rather than a fixed-price sale reflects a strategic pivot designed to potentially maximize returns for legacy lenders.
What is the price of this #Solana token sale?
FTX's previous Solana token sale brought in $1.9 billion, with each token priced at around $64, as opposed to Solana's current market value of around $150, 67% below market value at the time. As #FTX reported in the summer of 2023, the bankrupt #cryptocurrency exchange held $1.2 billion in Solana as of August 31, 2023. At that time, #SOL was worth US$BTC Figure Markets, led by Cagney, organized a special purpose vehicle (SPV) to allow a wider range of investors to participate in the auction. The SPV will open the doors to non-US and accredited US investors to consolidate and enhance the bidding process.
Cagney's announcement on X (formerly Twitter) is both a call to action and an invitation: "We have confirmed that the next batch of Solana coins from the FTX Estate will be auctioned. If you would like to participate, please do so.
In another post on X's website, Cagney wrote, "So, are you an FTX lender who is upset about the SOL sale? Or are you not a lender but think the recent sales are too cheap? Well, now you can do something about it. " In addition to providing financial opportunities for investors, the initiative gives affected parties a platform to positively influence the outcome of the asset liquidation process.
The locked Solana tokens represent the majority of assets at the time of the FTX collapse and are targeted by buyers looking to speculate on future market movements of these assets.

Jake Simmons has been into #bitcoin since 2016.
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The cryptocurrency Scientist Doge (SCDOGE) has huge potential and is capable of soaring 6000% in the next 72 hours, offering huge returns to early investors like Dogecoin (DOGE) and Shiba Inu (SHIB).

In the ever-evolving world of cryptocurrencies, a new contender has emerged: the Scientist #Doge (SCDOGE), which is not just a mencoin, but inspired by the world of science and innovation combined with the viral appeal of everyone's favorite #Shiba Inu #meme , but with a twist. Token.
The founders of Scientist Doge have endowed this new cryptocurrency with features that promise to outperform its predecessors Dogecoin and Shiba Inu. Utilizing the robust and fast #Solana blockchain, SCDOGE offers significantly lower transaction fees and faster processing times, which could be a deciding factor in its widespread adoption and use.
What sets Scientist Doge apart is its unique approach to community engagement and rewards: all transactions on SCDOGE are donated to the Research Fund, a wallet designed to support grants for science education and innovation. This philanthropic approach not only gives the coin an altruistic appeal, but also aligns with the interests of younger, more socially conscious investors.
SCDOGE (contract address: 89dzEpKpVNebh8MWCAzN75mSXuYjffJ2yTBntf1CgGVC) has the potential to generate huge profits for early investors, as it was just launched today on Solana. It is currently only available on decentralized exchanges such as Raydium and Jupiter, which exchange SCDOGE on Solana.
The debut has been met with great enthusiasm, and the first trading volumes indicate a great desire from crypto-enthusiasts. Analysts are watching the situation closely and predict that SCDOGE could replicate the meteoric rise of its meme predecessors.
While digital currencies continue to gain momentum, questions remain. Could this be the meme coin that not only challenges Dogecoin and Shiba Inu, but surpasses them in popularity and utility?

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#CryptoNews

It is worth noting that bitcoin initially fell below the $70,000 mark after geopolitical tensions escalated. Indeed, in the week ahead, investors will be interested in how the bitcoin price adapts to the rising tensions in the Middle East.

And, of course, the focus will be on whether #bitcoin can hold on to the $60,000 support zone. Analysts emphasize the importance of this price level, believing that a drop below $60,000 could mean trouble for the #cryptocurrency and the possibility of a further fall.
Whether bitcoin can shake off its recent slump, gain momentum, overcome geopolitical obstacles and hold on to the important $60,000 mark, the coming week will show. Indeed, the trajectory of cryptocurrencies is likely to affect the overall market sentiment.
At the time of publishing this article, bitcoin was trading at $63,606, with a daily loss of about 2%.
#Solana (SOL), a decentralized finance (DeFi) project, remains an important asset to watch, especially in terms of blockchain activity that could affect its price. In particular, after significant gains in recent months, Solana has faced pressure during the recent general market sell-off, causing the asset's price to fall to below $BTC However, #SOL has managed to regain the $140 mark, demonstrating its resilience to market shocks.
Despite this resilience, there are still various network issues surrounding Solana. Despite the recent implementation of a major network patch, transaction failure rates remain high, with 71% of non-voting transactions failing as of April 19.
A recent upgrade of devnet to version 1.18. 11 in Solana by the Anza development department initially failed, but was successfully restarted on the second attempt. This attempt was to alleviate network congestion and is indicative of ongoing efforts to resolve technical issues.
At the time of publication, SOL was trading at $141, having changed more than 7% over the past seven days.
The Celestia cryptocurrency (TIA) is a modular network of individual blockchains that can be easily deployed with minimal overhead.

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#FinTechInnovations

It was the moment many friends of bitcoin had been waiting for. At 8:10 p.m. ET on Friday, bitcoin (BTC) halved for the fourth time in New York with a block height of 840,000, reducing the reward per block from 6.25 BTC to 3.125 BTC.

According to Blockchain. com, despite halving the block reward, miners on the 840,000 block collected significant transaction fees. The fees totaled more than 37 #BTC , or more than $2.4 million.
On this historic day, the #bitcoin price was relatively stable at over $63,000 USD. At the halfway point, the price reached as high as US$64,120 before declining slightly.
At the time of writing, according to CoinGecko, bitcoin is up about 6% in the last 24 hours and is trading at US$63,700. The cryptocurrency's market capitalization now exceeds $2.4 trillion and has risen 4% in the last 24 hours.
Most altcoins have recovered from previous losses and are now trading in the plus side. #BTC (ETH) and Binancoin (BNB) are up 5.5% in the last 24 hours; #Solana (SOL) is up 10% and is currently trading at around $BTC Tongcoin (TON) is the only cryptocurrency that is currently experiencing a correction; #TON is currently trading at around $6 USD and is down about 3% in one day.
What's next after halving?
Bitcoin has experienced four halving declines since its inception in 2009. These half-declines halve the miners' reward per block and occur roughly every four years.
It is estimated that the next halving will occur around April 2028. This process continues until the entire 21 million bitcoins have been mined, which is projected to occur around 2140. After that, miners' remuneration will depend solely on transaction fees.
Historically, a decrease in mining volume has been followed by an increase in price. This is thought to be due to a reduced supply of new bitcoins, which can create a shortage and increase demand.
In the last three half-declines, bitcoin has peaked a few months after the half-decline.

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While Shiba Inu (SHIB) and DogWifHat (WIF) have struggled to gain traction in recent weeks, a new mimcoin is making huge gains.

While Shibainu (SHIB) and #DogWifHat (WIF) have been losing momentum in recent weeks, the new mimcoin Flying Monkey (FLYMONK), which launched on #Solana this week, is set to make huge profits.
FLYMONK (contract address: J35nRFe64N6EYkmgag41HuN4YBdiF1LxCjS2yg7dQakD) is currently only available for purchase on decentralized Solana exchanges such as Raydium, but centralized exchanges will launch within days.
These listings are very favorable for Flying Monkey's price, as millions of additional crypto investors will be able to access the token, leading to a massive influx of funds and a jump in price.
Even before the listing is announced, the price of Flying Monkey will skyrocket by 3,600% and then seek further growth, eventually reaching a market value of $20 million.
The developers also plan to launch an extensive marketing campaign to potentially make the token go viral and challenge platforms like Shiba Inu and DogWifHat.
If FLYMONK manages to replicate the success of #SHIB and #WIF , early investors could become millionaires.
Given the huge profit potential offered by new meme coins such as FLYMONK, it's no wonder that many crypto investors are choosing to invest in these coins rather than major altcoins.
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#FinTechInnovations

Stake any of these tokens: #Solana (SOL), #Wormhole (W), JitoLabs (JTO), #Raydium ($RAY ), #Jupiter ($JUP ) or #Pyth Network ($PYTH ) and get FIVE airdrops in your wallet at once.
The more tokens you place into staking or liquid pools, the greater your reward will be.
Completion date: 30.04.2024
The amount of rewards will depend on the size of each participant’s staking. You can place any number of any tokens from the list. You will receive airdrop within 24 hours to your Solana wallet. Each participant will receive the following tokens: #BONK , WEN , CWIF , WIF , ANALOS , BSK .

Start staking: https://xbanking.org
Airdrop links:
Website | Community | Twitter
Support | XBANKING CIS

Nosana is building a distributed network designed specifically to handle AI output (inputting answers into ChatGPT and receiving them back).

By creating a marketplace for GPU power, Nosana enables individuals and companies to give and receive access to computing resources, making the training and execution of #AI models more cost-effective and scalable.
The project could be a game changer for startups and researchers looking for affordable computing resources for AI.
Grass is a distributed network that collects public web data from users to train AI models using ZK #Solana L2.
Yes, Solana L2. Users can join Grass by installing a browser extension that turns their browser into a node. This setup allows the network to utilize extra internet bandwidth and collect data from public sites.
Grass is still in #beta , but it has a points system that (hopefully) rewards users who participate in data collection.
Synesis One uses Solana to create a distributed solution for training artificial intelligence models.
Synesis One allows anyone to earn cryptocurrency by performing small tasks such as providing data for models, labeling data, and annotating data. The platform makes it easy for people to participate in AI development by providing a simple way to train data, thereby democratizing participation in AI development through a transparent way of training data. This can be done in a browser or through an app in the iOS or Google Play store.
The Synesys platform can accelerate the training of AI models, increase the transparency of data training, and support a fair data-driven economy.
Dither offers a trading bot for Telegram, but it shouldn't be thought of as just another bot.
This esoteric market AI with big ambitions uses historical open-source data to create various tools for cryptocurrency and other trading applications, such as Dither's SeerBot (an AI that analyzes tokens to identify potential upside).

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