{"id":548569,"date":"2023-08-23T17:00:11","date_gmt":"2023-08-23T17:00:11","guid":{"rendered":"https:\/\/ktsl888.com\/?p=548569"},"modified":"2023-08-23T13:25:02","modified_gmt":"2023-08-23T13:25:02","slug":"crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/","title":{"rendered":"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action &#8211; A Buy Or Sell Alarm?"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The general crypto market has seen a decline in the last week, with most assets recording significant losses. Solana (SOL), one of the most prominent cryptocurrencies, is down by 11.50% in the last seven days and 16.17% in the last month.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Interestingly, popular crypto analyst, Benjamin Cowen has posted a puzzling prediction on Solana, drawing much similarity between the token\u2019s current price movement and historical price data of fellow altcoin <a href=\"https:\/\/ktsl888.com\/news\/cardano\/cardano-whales-rapidly-accumulating-ada-bull-run-incoming\/\" target=\"_blank\" rel=\"noopener \">Cardano (ADA)<\/a>.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400\">SOL To Close 2023 With Losses?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">According to an <a href=\"https:\/\/twitter.com\/intocryptoverse\/status\/28084827?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E28084827%7Ctwgr%5E6ceb7c97992228b10de5c92d079cf7499b8bcdc6%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fu.today%2Falarming-solana-price-prediction-based-on-cardano-price-history-shared-by-top-analyst\" target=\"_blank\" rel=\"noopener nofollow\">X post<\/a> on August 23, Benjamin Cowem believes Solana\u2019s price movement might be mirroring Cardano\u2019s price trajectory in the last crypto cycle.\u00a0<\/span><\/p>\n<p>Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/solana\/solana-cuts-saga-price-40-sol-ytd-high\/\" target=\"_blank\" rel=\"noopener \">Solana Cuts Saga Price By 40%, But Case For New SOL Yearly High Increases<\/a><\/p>\n<p><span style=\"font-weight: 400\">Based on the weekly charts of both assets, Solana presents a ranging market quite identical to Cardano\u2019s price movement for most of 2019.\u00a0 In fact, in both charts, these ranging markets are preceded by a bearish trend.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Good chance <a href=\"https:\/\/twitter.com\/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$SOL<\/a> sweeps the lows, just like <a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$ADA<\/a> did last cycle. <a href=\"https:\/\/t.co\/KHJEPdV6qU\" rel=\"nofollow\">pic.twitter.com\/KHJEPdV6qU<\/a><\/p>\n<p>\u2014 Benjamin Cowen (@intocryptoverse) <a href=\"https:\/\/twitter.com\/intocryptoverse\/status\/28084827?ref_src=twsrc%5Etfw\" rel=\"nofollow\">August 23, 2023<\/a><\/p><\/blockquote>\n<p><span style=\"font-weight: 400\">Analyzing this data, Cowen notes that SOL has recently encountered resistance at the $26 price zone, which is similar to Cardano\u2019s trouble in crossing the $0.11 hurdle in mid-2019.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">The analyst predicts that if Solana is indeed mimicking Cardano\u2019s price action, it will likely experience a downward trend for the rest of 2023.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to Cowen\u2019s predictions, <a href=\"https:\/\/ktsl888.com\/analysis\/sol-price-prediction-solana-surge-25\/\" target=\"_blank\" rel=\"noopener \">SOL<\/a> could fall as low as $10 in 2023, just as Cardano plummeted to $0.028 in early 2020. If these projections hold true, the SOL market could lose over 50% of its value in the coming months.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, it is worth stating that Cowen\u2019s price analysis does not spell all gloom for SOL investors. Upon falling to the $0.028 price zone in 2020, Cardano embarked on a bullish run, gaining by over 7,600% in the next two years. <\/span><span style=\"font-weight: 400\">If Solana follows the same price pattern, the altcoin could trade as high as $1,500 in 2025. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Investors should remember that predictions are not guaranteed and, thus, should be considered as investment advice.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Solana, Among Others, Faces TVL Decline<\/span><\/h2>\n<p><span style=\"font-weight: 400\">In other news, the Solana network has recorded a 4.5% decline in its Total Value Locked (TVL) over the seven days based on data from DefiiLlama.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the DeFi analytics site,\u00a0 the majority of the DeFi ecosystem appears to be under siege, with total DeFi TVL having dipped below $40 billion and is currently valued at $37.56 billion.\u00a0<\/span><\/p>\n<p>Related Reading: <a href=\"https:\/\/ktsl888.com\/all\/cardano-holder-resilience-tested\/\" target=\"_blank\" rel=\"noopener \">Cardano Holder Resilience Tested As ADA Fends Off Bearish Onslaught<\/a><\/p>\n<p><span style=\"font-weight: 400\">Aside from Solana, other prominent networks such as<a href=\"https:\/\/ktsl888.com\/analysis\/eth\/ethereum-price-grinds-lower-1550\/\" target=\"_blank\" rel=\"noopener \"> Ethereum<\/a>, <a href=\"https:\/\/ktsl888.com\/all\/cardano-tests-psychological-support\/\" target=\"_blank\" rel=\"noopener \">Cardano<\/a>, and Polygon have also seen their TVL plummet by 11.08%, 6.54%, and 8.89%,\u00a0 respectively.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">At the time of writing, SOL is currently exchanging hands at $20.59, with a 2.16% loss on the last day. However, with a total market cap of 8.39 billion, Solana remains the ninth-largest cryptocurrency in the market.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large\" src=\"https:\/\/www.tradingview.com\/x\/2pmqNUrQ\/\" alt=\"Solana\" width=\"1479\" height=\"906\"><\/p>\n<pre style=\"text-align: center\">SOL trading at $20.52 on the weekly chart | Source: <a href=\"https:\/\/www.tradingview.com\/chart\/xg17RJqK\/\" target=\"_blank\" rel=\"noopener nofollow\">SOLUSD chart on Tradingview.com<\/a><\/pre>\n<div class=\"disclaimer-shortcode\">Featured image from Binance Academy, chart from Tradingview.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The general crypto market has seen a decline in the last week, with most assets recording significant losses. Solana (SOL), one of the most prominent cryptocurrencies, is down by 11.50% in the last seven days and 16.17% in the last month. Interestingly, popular crypto analyst, Benjamin Cowen has posted a puzzling prediction on Solana, drawing much similarity between the token\u2019s current price movement and historical price data of fellow altcoin Cardano (ADA).\u00a0 SOL To Close 2023 With Losses? According to an X post on August 23, Benjamin Cowem believes Solana\u2019s price movement might be mirroring Cardano\u2019s price trajectory in the last crypto cycle.\u00a0 Related Reading: Solana Cuts Saga Price By 40%, But Case For New SOL Yearly High Increases Based on the weekly charts of both assets, Solana presents a ranging market quite identical to Cardano\u2019s price movement for most of 2019.\u00a0 In fact, in both charts, these ranging markets are preceded by a bearish trend.\u00a0 Good chance $SOL sweeps the lows, just like $ADA did last cycle. pic.twitter.com\/KHJEPdV6qU \u2014 Benjamin Cowen (@intocryptoverse) August 23, 2023 Analyzing this data, Cowen notes that SOL has recently encountered resistance at the $26 price zone, which is similar to Cardano\u2019s trouble in crossing the $0.11 hurdle in mid-2019.\u00a0 The analyst predicts that if Solana is indeed mimicking Cardano\u2019s price action, it will likely experience a downward trend for the rest of 2023.\u00a0 According to Cowen\u2019s predictions, SOL could fall as low as $10 in 2023, just as Cardano plummeted to $0.028 in early 2020. If these projections hold true, the SOL market could lose over 50% of its value in the coming months.\u00a0 However, it is worth stating that Cowen\u2019s price analysis does not spell all gloom for SOL investors. Upon falling to the $0.028 price zone in 2020, Cardano embarked on a bullish run, gaining by over 7,600% in the next two years. If Solana follows the same price pattern, the altcoin could trade as high as $1,500 in 2025. Investors should remember that predictions are not guaranteed and, thus, should be considered as investment advice. Solana, Among Others, Faces TVL Decline In other news, the Solana network has recorded a 4.5% decline in its Total Value Locked (TVL) over the seven days based on data from DefiiLlama.\u00a0 According to the DeFi analytics site,\u00a0 the majority of the DeFi ecosystem appears to be under siege, with total DeFi TVL having dipped below $40 billion and is currently valued at $37.56 billion.\u00a0 Related Reading: Cardano Holder Resilience Tested As ADA Fends Off Bearish Onslaught Aside from Solana, other prominent networks such as Ethereum, Cardano, and Polygon have also seen their TVL plummet by 11.08%, 6.54%, and 8.89%,\u00a0 respectively.\u00a0 At the time of writing, SOL is currently exchanging hands at $20.59, with a 2.16% loss on the last day. However, with a total market cap of 8.39 billion, Solana remains the ninth-largest cryptocurrency in the market. SOL trading at $20.52 on the weekly chart | Source: SOLUSD chart on Tradingview.com Featured image from Binance Academy, chart from Tradingview.<\/p>\n","protected":false},"author":581,"featured_media":548575,"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":[12332,54512,10709,12837,83626],"class_list":["post-548569","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-cardano","tag-defi","tag-price-prediction","tag-sol","tag-solana"],"acf":[],"yoast_head":"\n<title>Crypto Analyst Predicts Solana Could Mirror Cardano Price Action - A Buy Or Sell Alarm?<\/title>\n<meta name=\"description\" content=\"Crypto analyst Benjamin Cowen says Solana is mirroring Cardano&#039;s past movement, what could this for the ninth largest token?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action - A Buy Or Sell Alarm?\" \/>\n<meta property=\"og:description\" content=\"Crypto analyst Benjamin Cowen says Solana is mirroring Cardano&#039;s past movement, what could this for the ninth largest token?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-23T17:00:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-23T13:25:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Semilore Faleti\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/SemiloreFaleti\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Semilore Faleti\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/\"},\"author\":{\"name\":\"Semilore Faleti\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/6280b76d69630ffb2f2fa78670d85d49\"},\"headline\":\"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action &#8211; A Buy Or Sell Alarm?\",\"datePublished\":\"2023-08-23T17:00:11+00:00\",\"dateModified\":\"2023-08-23T13:25:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/\"},\"wordCount\":486,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900\",\"keywords\":[\"Cardano\",\"DeFi\",\"price prediction\",\"Sol\",\"Solana\"],\"articleSection\":[\"Solana\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/\",\"url\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/\",\"name\":\"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action - A Buy Or Sell Alarm?\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900\",\"datePublished\":\"2023-08-23T17:00:11+00:00\",\"dateModified\":\"2023-08-23T13:25:02+00:00\",\"description\":\"Crypto analyst Benjamin Cowen says Solana is mirroring Cardano's past movement, what could this for the ninth largest token?\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900\",\"width\":1600,\"height\":900,\"caption\":\"Solana\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action &#8211; A Buy Or Sell Alarm?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ktsl888.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ktsl888.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/ktsl888.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/6280b76d69630ffb2f2fa78670d85d49\",\"name\":\"Semilore Faleti\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/63bda068e88f86c9f4310ed993d60b1b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/63bda068e88f86c9f4310ed993d60b1b?s=96&d=mm&r=g\",\"caption\":\"Semilore Faleti\"},\"description\":\"Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others. In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies. Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative. Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information. Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets. Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a \u201cmusic nomad\u201d always ready to listen to new artists and explore new trends. Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination. He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society. In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come. His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry. Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/semilore-faleti-7a9046218\",\"https:\/\/x.com\/https:\/\/twitter.com\/SemiloreFaleti\"],\"url\":\"https:\/\/ktsl888.com\/author\/semilorefaleti\/\"}]}<\/script>\n","yoast_head_json":{"title":"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action - A Buy Or Sell Alarm?","description":"Crypto analyst Benjamin Cowen says Solana is mirroring Cardano's past movement, what could this for the ninth largest token?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/","og_locale":"en_US","og_type":"article","og_title":"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action - A Buy Or Sell Alarm?","og_description":"Crypto analyst Benjamin Cowen says Solana is mirroring Cardano's past movement, what could this for the ninth largest token?","og_url":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-08-23T17:00:11+00:00","article_modified_time":"2023-08-23T13:25:02+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900","type":"image\/png"}],"author":"Semilore Faleti","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/SemiloreFaleti","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Semilore Faleti","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/"},"author":{"name":"Semilore Faleti","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/6280b76d69630ffb2f2fa78670d85d49"},"headline":"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action &#8211; A Buy Or Sell Alarm?","datePublished":"2023-08-23T17:00:11+00:00","dateModified":"2023-08-23T13:25:02+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/"},"wordCount":486,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900","keywords":["Cardano","DeFi","price prediction","Sol","Solana"],"articleSection":["Solana"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/","url":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/","name":"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action - A Buy Or Sell Alarm?","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900","datePublished":"2023-08-23T17:00:11+00:00","dateModified":"2023-08-23T13:25:02+00:00","description":"Crypto analyst Benjamin Cowen says Solana is mirroring Cardano's past movement, what could this for the ninth largest token?","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900","width":1600,"height":900,"caption":"Solana"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action &#8211; A Buy Or Sell Alarm?"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ktsl888.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ktsl888.com\/#organization","name":"NewsBTC","url":"https:\/\/ktsl888.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/ktsl888.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/6280b76d69630ffb2f2fa78670d85d49","name":"Semilore Faleti","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/63bda068e88f86c9f4310ed993d60b1b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/63bda068e88f86c9f4310ed993d60b1b?s=96&d=mm&r=g","caption":"Semilore Faleti"},"description":"Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active crypto writing, Semilore has covered multiple aspects of the digital asset space including blockchains, decentralized finance (DeFi), staking, non-fungible tokens (NFT), regulations and network upgrades among others. In his early years, Semilore honed his skills as a content writer, curating educational articles that catered to a wide audience. His pieces were particularly valuable for individuals new to the crypto space, offering insightful explanations that demystified the world of digital currencies. Semilore also curated pieces for veteran crypto users ensuring they were up to date with the latest blockchains, decentralized applications and network updates. This foundation in educational writing has continued to inform his work, ensuring that his current work remains accessible, accurate and informative. Currently at NewsBTC, Semilore is dedicated to reporting the latest news on cryptocurrency price action, on-chain developments and whale activity. He also covers the latest token analysis and price predictions by top market experts thus providing readers with potentially insightful and actionable information. Through his meticulous research and engaging writing style, Semilore strives to establish himself as a trusted source in the crypto journalism field to inform and educate his audience on the latest trends and developments in the rapidly evolving world of digital assets. Outside his work, Semilore possesses other passions like all individuals. He is a big music fan with an interest in almost every genre. He can be described as a \u201cmusic nomad\u201d always ready to listen to new artists and explore new trends. Semilore Faleti is also a strong advocate for social justice, preaching fairness, inclusivity, and equity. He actively promotes the engagement of issues centred around systemic inequalities and all forms of discrimination. He also promotes political participation by all persons at all levels. He believes active contribution to governmental systems and policies is the fastest and most effective way to bring about permanent positive change in any society. In conclusion, Semilore Faleti exemplifies the convergence of expertise, passion, and advocacy in the world of crypto journalism. He is a rare individual whose work in documenting the evolution of cryptocurrency will remain relevant for years to come. His dedication to demystifying digital assets and advocating for their adoption, combined with his commitment to social justice and political engagement, positions him as a dynamic and influential voice in the industry. Whether through his meticulous reporting at NewsBTC or his fervent promotion of fairness and equity, Semilore continues to inform, educate, and inspire his audience, striving for a more transparent and inclusive financial future.","sameAs":["https:\/\/www.linkedin.com\/in\/semilore-faleti-7a9046218","https:\/\/x.com\/https:\/\/twitter.com\/SemiloreFaleti"],"url":"https:\/\/ktsl888.com\/author\/semilorefaleti\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action &#8211; A Buy Or Sell Alarm?","url":"http:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/solana\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2023\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900"},"articleSection":"Solana","author":[{"@type":"Person","name":"Semilore Faleti"}],"creator":["Semilore Faleti"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["cardano","defi","price prediction","sol","solana"],"dateCreated":"2023-08-23T17:00:11Z","datePublished":"2023-08-23T17:00:11Z","dateModified":"2023-08-23T17:00:11Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Crypto Analyst Predicts Solana Could Mirror Cardano Price Action &#8211; A Buy Or Sell Alarm?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/solana\\\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/solana\\\/crypto-analyst-predicts-solana-could-mirror-cardano-price-action-a-buy-or-sell-alarm\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/2dde1146856049b0825c1bae268762c8.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2023\\\/08\\\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Semilore Faleti\"}],\"creator\":[\"Semilore Faleti\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"cardano\",\"defi\",\"price prediction\",\"sol\",\"solana\"],\"dateCreated\":\"2023-08-23T17:00:11Z\",\"datePublished\":\"2023-08-23T17:00:11Z\",\"dateModified\":\"2023-08-23T17:00:11Z\"}<\/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\/08\/2dde1146856049b0825c1bae268762c8.png?fit=1600%2C900","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/548569","targetHints":{"allow":["GET"]}}],"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\/581"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=548569"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/548569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/548575"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=548569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=548569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=548569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}