As for whether SOL will be able to maintain current prices and go higher, it depends on the momentum in the market. The cryptocurrency is still subject to intense FUD and community morale remains low but the $13 level remains within sights as long as buy pressure keeps up.<\/p>\n
Featured image from Coin Culture, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Solana (SOL) has been completely engulfed in FUD since the FTX crash. This invariably resulted in the price of the token declining much faster than the rest of the market, and last week, SOL touched single-digit values for the first time in almost two years. However, there seems to be a turn in the tide for the digital asset as it receives support from Vitalik Buterin. Vitalik Buterin Offers Support To Solana\u00a0 Taking to Twitter, Ethereum founder Vitalik Buterin expressed support for Solana for the first time. Solana which had been the fiercest competitor of Ethereum had been unable to keep up given its ties to FTX crypto exchange, its sister company Alameda Research, and its disgraced founder Sam Bankman-Fried, but Buterin is not pleased that the competitor is essentially crumbling. Related Reading: Santiment: Bitcoin Will Trend Lower Because Whales Are Still Selling In the tweet, the Ethereum founder explained that \u201csome smart people\u201d had told it that there was still a good developer community on the blockchain who are earnest and smart. Furthermore, they added that since the opportunistic people trying to make a quick buck had now been pushed out, they expect the network to have a bright future. Buterin himself explains that he couldn\u2019t tell if this was true looking in from the outside but said that he hoped that \u201cthe community gets its fair chance to thrive. This tweet was made about four days ago and it had an incredibly positive impact on Solana. SOL Price Rallies On Buterin Comments The price of SOL saw an upward trend following the tweets from the Ethereum founder. Although Solana remains a long way from its glory days, Buterin\u2019s tweets had given the bulls just the morale boost they needed and by Monday, SOL\u2019s price had surged as high as $12 before correcting back down. SOL recovers above $11 | Source: SOLUSD on TradingView.com Presently, the price of the digital asset is sitting above $11, rising over 15% in the last 24 hours. This recovery has also helped to wipe out most of the losses recorded over the last week, and now, it is down only 1.81% in the last 7 days compared to over 20% losses being recorded last week. Related Reading: Bitcoin Investor Sentiment Remains Steady As BTC Stalls At $16,000 This recovery also puts the digital asset close to the top of the list of gainers for the day. It sits only behind Lido DAO which is up over 16% in the last hours. As for whether SOL will be able to maintain current prices and go higher, it depends on the momentum in the market. The cryptocurrency is still subject to intense FUD and community morale remains low but the $13 level remains within sights as long as buy pressure keeps up. Featured image from Coin Culture, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":514434,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[84543],"tags":[87556,12837,86420,83626,86410,83627,4398],"class_list":["post-514431","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-ethereum-founder","tag-sol","tag-sol-price","tag-solana","tag-solusd","tag-solusdt","tag-vitalik-buterin"],"acf":[],"yoast_head":"\n
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With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/ktsl888.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"SOL Jumps 15% In 24 Hours As Solana Receives Support From Ethereum Founder","url":"http:\/\/ktsl888.com\/news\/solana\/solana-support-from-ethereum-founder\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/solana\/solana-support-from-ethereum-founder\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/01\/Solana-.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/01\/Solana-.jpeg?fit=1200%2C675"},"articleSection":"Solana","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ethereum founder","sol","sol price","solana","solusd","solusdt","vitalik buterin"],"dateCreated":"2023-01-02T17:00:15Z","datePublished":"2023-01-02T17:00:15Z","dateModified":"2023-03-08T07:26:31Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"SOL Jumps 15% In 24 Hours As Solana Receives Support From Ethereum Founder\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/solana\\\/solana-support-from-ethereum-founder\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/solana\\\/solana-support-from-ethereum-founder\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/Solana-.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/01\\\/Solana-.jpeg?fit=1200%2C675\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ethereum founder\",\"sol\",\"sol price\",\"solana\",\"solusd\",\"solusdt\",\"vitalik buterin\"],\"dateCreated\":\"2023-01-02T17:00:15Z\",\"datePublished\":\"2023-01-02T17:00:15Z\",\"dateModified\":\"2023-03-08T07:26:31Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/01\/Solana-.jpeg?fit=1200%2C675","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/514431"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=514431"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/514431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/514434"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=514431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=514431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=514431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}