Bitcoin price entered the correction phase from the $57,800 zone. BTC Price plunged lower below $55,500 and it even tested $54,000. Meanwhile, major altcoins are struggling to start afresh increase. Solana price has drifted lower ever since hitting the most recent swing high of $177 on October 3rd.
Solana Listed on eToro
Solana (SOL) has been included to the list of prominent digital assets on the multi-asset investment platform eToro. According to eToro’s release, the new acquisition takes the total number of crypto assets available for trading on the platform to 32.
BTC, ETH, BCH, LTC, XRP, DASH, ETC, ADA, XLM, EOS, NEO, TRON, ZEC, BNB, XTZ, LINK, UNI, COMP, AAVE, YFI, MANA, ALGO, MATIC, BAT, MKR, ENJ, FIL, DOT, and MIOTA will all be available alongside SOL.
The endorsement of FTX US for a Solana NFT marketplace has been announced. Users of the exchange can now utilize the platform to mint, trade, auction, and authenticate NFTs based on the Solana blockchain.
Since the network’s inception, NFTs on Solana have exploded in popularity. As seen by its latest $1 million sale, the ecosystem has had a number of successes.
SOL Price Action:
Solana’s comeback from $115 (lows in September) has not been without setbacks. Despite this, the competing smart contracts token reached $180 before the current correction began.
The price of Solana is trading in the green and is currently trading at $146.46. Its immediate support level is at $139 and the resistance level lies at $152.
A well-known crypto strategist and trader who goes by the moniker “Smart Contracter,” has predicted an oncoming bull run in Solana as it nears the end of the price correction phase against Bitcoin and the US dollar. He anticipates a rally of more than 100 percent in the seventh-largest cryptocurrency by market capitalization in the near future.