{"id":603344,"date":"2024-04-15T21:00:59","date_gmt":"2024-04-15T21:00:59","guid":{"rendered":"https:\/\/ktsl888.com\/?p=603344"},"modified":"2024-04-15T14:24:45","modified_gmt":"2024-04-15T14:24:45","slug":"solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/","title":{"rendered":"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update"},"content":{"rendered":"

Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported<\/a> by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded funds (ETFs) for both cryptocurrencies in Hong Kong.\u00a0<\/span><\/p>\n

Additionally, Solana <\/span>addressed <\/span><\/a>its ongoing network congestion issues with a new update, aiming to rectify transaction failures and outages.<\/span><\/p>\n

New Update Tackling Implementation Bug<\/span><\/h2>\n

According<\/a> to Mert Mumtaz, CEO of Helius Labs, Solana’s recent network congestion issues were attributed to an implementation bug rather than a fundamental design flaw. Mumtaz clarified that Solana’s current predicament results from a flaw in implementing a specific protocol.\u00a0<\/span><\/p>\n

According<\/a> to Anza, a spin-off of Solana Labs, Solana has released a new update to its validator client software to combat this. The update, v1.17.31, aims to reduce network congestion and will be followed by further improvements in v1.18.<\/span><\/p>\n

Anza emphasized the update’s significance, urging MainnetBeta validators to adopt it. The enhancements introduced in the update are expected to mitigate Solana’s ongoing network congestion issues.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Goes Pro: UFC Winner Wants $300,000 Bonus Paid In BTC<\/a><\/div>\n

Furthermore, <\/span>validators <\/span><\/a>were advised to upgrade their systems when there is less than 5% delinquent stake, ensuring they have sufficient time to monitor the node after the upgrade.<\/span><\/p>\n

Any issues encountered during the upgrade were to be reported to \u2060mb-validators. Solana Status, a trusted source, corroborated the announcement, recommending the v1.17.31 release for general use.<\/span><\/p>\n

Trent.sol, Solana’s developer and operations manager, <\/span>emphasized <\/span><\/a>that the effectiveness of the update would be proportional to its adoption across the network.\u00a0<\/span><\/p>\n

While the improvements primarily target Solana’s Stake Weighted Quality of Service (SWQOS) and may not result in significant changes to the reliability of unstacked Tensor processing units (TPU) traffic, Solana users were advised to keep delinquency below 5% during the upgrade process.\u00a0<\/span><\/p>\n

Furthermore, Anza hinted at additional enhancements in the pipeline, urging users to stay tuned for further updates.<\/span><\/p>\n

Solana Price Rebounds With 7% Surge<\/span><\/h2>\n

After unveiling updates to enhance network efficiency, the Solana price has surged by over 7%. This surge has helped offset the ongoing downtrend experienced by Solana, which amounted to nearly 21% over the past month.\u00a0<\/span><\/p>\n

In addition, the Hong Kong SFC has <\/span>officially <\/span><\/a>approved\u00a0several spot Bitcoin and Ethereum ETFs, including asset managers such as China Asset Management, Bosera Capital, HashKey Capital Limited, and an in-principle approval for Harvest Global Investments.\u00a0<\/span><\/p>\n

This regulatory approval has not only positively impacted the prices of Bitcoin and Ethereum but has also instilled a sense of positivity in the overall cryptocurrency market. As a result, the <\/span>top 10 cryptocurrencies<\/span><\/a> have witnessed significant uptrends, riding on the wave of these developments.<\/span><\/p>\n

Related Reading: Toncoin Defies Market Turmoil, Surges 25% To Tally All-Time High \u2013 Details<\/a><\/div>\n

Despite the recent surge in Solana’s price, SOL’s trading volume has decreased by -44.70% in the last 24 hours, indicating a recent decline in market activity, according to CoinGecko <\/span>data<\/span><\/a>.\u00a0<\/span><\/p>\n

Solana’s current trading price of $151.40 presents the first obstacle in the cryptocurrency’s path toward further price gains. If this hurdle is surpassed, the next significant resistance lies at $170, which would signify a recovery of SOL’s gains recorded over the past month.\u00a0<\/span><\/p>\n

On the other hand, the $130 mark has proven to be a strong support level for Solana, representing the foundation of SOL’s one-month bullish structure, which propelled its price rally to nearly three-year highs of $210 on March 18.<\/span><\/p>\n

\"Solana
The 1-D chart shows SOL’s price. Source: SOLUSD on TradingView.com<\/a><\/figcaption><\/figure>\n

Featured image from Shutterstock, chart from TradingView.com <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Solana’s price saw a notable recovery on Monday after a steep decline over the past seven days. This was supported by positive developments in the Bitcoin (BTC) and Ethereum (ETH) markets, which came alongside the approval of exchange-traded funds (ETFs) for both cryptocurrencies in Hong Kong.\u00a0 Additionally, Solana addressed its ongoing network congestion issues with a new update, aiming to rectify transaction failures and outages. New Update Tackling Implementation Bug According to Mert Mumtaz, CEO of Helius Labs, Solana’s recent network congestion issues were attributed to an implementation bug rather than a fundamental design flaw. Mumtaz clarified that Solana’s current predicament results from a flaw in implementing a specific protocol.\u00a0 According to Anza, a spin-off of Solana Labs, Solana has released a new update to its validator client software to combat this. The update, v1.17.31, aims to reduce network congestion and will be followed by further improvements in v1.18. Anza emphasized the update’s significance, urging MainnetBeta validators to adopt it. The enhancements introduced in the update are expected to mitigate Solana’s ongoing network congestion issues.\u00a0 Related Reading: Bitcoin Goes Pro: UFC Winner Wants $300,000 Bonus Paid In BTC Furthermore, validators were advised to upgrade their systems when there is less than 5% delinquent stake, ensuring they have sufficient time to monitor the node after the upgrade. Any issues encountered during the upgrade were to be reported to \u2060mb-validators. Solana Status, a trusted source, corroborated the announcement, recommending the v1.17.31 release for general use. Trent.sol, Solana’s developer and operations manager, emphasized that the effectiveness of the update would be proportional to its adoption across the network.\u00a0 While the improvements primarily target Solana’s Stake Weighted Quality of Service (SWQOS) and may not result in significant changes to the reliability of unstacked Tensor processing units (TPU) traffic, Solana users were advised to keep delinquency below 5% during the upgrade process.\u00a0 Furthermore, Anza hinted at additional enhancements in the pipeline, urging users to stay tuned for further updates. Solana Price Rebounds With 7% Surge After unveiling updates to enhance network efficiency, the Solana price has surged by over 7%. This surge has helped offset the ongoing downtrend experienced by Solana, which amounted to nearly 21% over the past month.\u00a0 In addition, the Hong Kong SFC has officially approved\u00a0several spot Bitcoin and Ethereum ETFs, including asset managers such as China Asset Management, Bosera Capital, HashKey Capital Limited, and an in-principle approval for Harvest Global Investments.\u00a0 This regulatory approval has not only positively impacted the prices of Bitcoin and Ethereum but has also instilled a sense of positivity in the overall cryptocurrency market. As a result, the top 10 cryptocurrencies have witnessed significant uptrends, riding on the wave of these developments. Related Reading: Toncoin Defies Market Turmoil, Surges 25% To Tally All-Time High \u2013 Details Despite the recent surge in Solana’s price, SOL’s trading volume has decreased by -44.70% in the last 24 hours, indicating a recent decline in market activity, according to CoinGecko data.\u00a0 Solana’s current trading price of $151.40 presents the first obstacle in the cryptocurrency’s path toward further price gains. If this hurdle is surpassed, the next significant resistance lies at $170, which would signify a recovery of SOL’s gains recorded over the past month.\u00a0 On the other hand, the $130 mark has proven to be a strong support level for Solana, representing the foundation of SOL’s one-month bullish structure, which propelled its price rally to nearly three-year highs of $210 on March 18. Featured image from Shutterstock, chart from TradingView.com<\/p>\n","protected":false},"author":589,"featured_media":603346,"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":[428,1119,6664,14690,1558,54512,8323,1946,83626,86515,84595,86813,87683,89083,89405,85361,90228,86410,83627],"class_list":["post-603344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-bitcoin","tag-btc","tag-crypto","tag-crypto-news","tag-cryptocurrency","tag-defi","tag-eth","tag-ethereum","tag-solana","tag-solana-sol","tag-solana-blockchain","tag-solana-defi","tag-solana-ecosystem","tag-solana-network","tag-solana-news","tag-solana-price","tag-solana-price-analysis","tag-solusd","tag-solusdt"],"acf":[],"yoast_head":"\nSolana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update<\/title>\n<meta name=\"description\" content=\"Solana price saw a notable recovery on Monday, after a steep decline, supported by positive developments in the BTC and ETH markets.\" \/>\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\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update\" \/>\n<meta property=\"og:description\" content=\"Solana price saw a notable recovery on Monday, after a steep decline, supported by positive developments in the BTC and ETH markets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/\" \/>\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=\"2024-04-15T21:00:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-15T14:24:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260\" \/>\n\t<meta property=\"og:image:width\" content=\"462\" \/>\n\t<meta property=\"og:image:height\" content=\"260\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ronaldo Marquez\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Rmmcapital\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ronaldo Marquez\" \/>\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\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/\"},\"author\":{\"name\":\"Ronaldo Marquez\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c\"},\"headline\":\"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update\",\"datePublished\":\"2024-04-15T21:00:59+00:00\",\"dateModified\":\"2024-04-15T14:24:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/\"},\"wordCount\":609,\"publisher\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260\",\"keywords\":[\"bitcoin\",\"btc\",\"crypto\",\"crypto news\",\"cryptocurrency\",\"DeFi\",\"ETH\",\"ethereum\",\"Solana\",\"Solana ( SOL)\",\"Solana blockchain\",\"Solana DeFi\",\"Solana Ecosystem\",\"Solana network\",\"Solana news\",\"Solana Price\",\"Solana price analysis\",\"SOLUSD\",\"SOLUSDT\"],\"articleSection\":[\"Solana\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/ktsl888.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/\",\"url\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/\",\"name\":\"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update\",\"isPartOf\":{\"@id\":\"https:\/\/ktsl888.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260\",\"datePublished\":\"2024-04-15T21:00:59+00:00\",\"dateModified\":\"2024-04-15T14:24:45+00:00\",\"description\":\"Solana price saw a notable recovery on Monday, after a steep decline, supported by positive developments in the BTC and ETH markets.\",\"breadcrumb\":{\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage\",\"url\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260\",\"contentUrl\":\"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260\",\"width\":462,\"height\":260,\"caption\":\"Solana Price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ktsl888.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ktsl888.com\/#website\",\"url\":\"https:\/\/ktsl888.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & 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\/23849d4cdb61b3b34c9e7e5fea0a9a6c\",\"name\":\"Ronaldo Marquez\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ktsl888.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g\",\"caption\":\"Ronaldo Marquez\"},\"description\":\"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.\",\"sameAs\":[\"https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=\",\"https:\/\/x.com\/Rmmcapital\"],\"url\":\"https:\/\/ktsl888.com\/author\/ronaldomarquez\/\"}]}<\/script>\n","yoast_head_json":{"title":"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update","description":"Solana price saw a notable recovery on Monday, after a steep decline, supported by positive developments in the BTC and ETH markets.","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\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/","og_locale":"en_US","og_type":"article","og_title":"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update","og_description":"Solana price saw a notable recovery on Monday, after a steep decline, supported by positive developments in the BTC and ETH markets.","og_url":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-04-15T21:00:59+00:00","article_modified_time":"2024-04-15T14:24:45+00:00","og_image":[{"width":462,"height":260,"url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260","type":"image\/jpeg"}],"author":"Ronaldo Marquez","twitter_card":"summary_large_image","twitter_creator":"@Rmmcapital","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Ronaldo Marquez","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#article","isPartOf":{"@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/"},"author":{"name":"Ronaldo Marquez","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/23849d4cdb61b3b34c9e7e5fea0a9a6c"},"headline":"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update","datePublished":"2024-04-15T21:00:59+00:00","dateModified":"2024-04-15T14:24:45+00:00","mainEntityOfPage":{"@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/"},"wordCount":609,"publisher":{"@id":"https:\/\/ktsl888.com\/#organization"},"image":{"@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260","keywords":["bitcoin","btc","crypto","crypto news","cryptocurrency","DeFi","ETH","ethereum","Solana","Solana ( SOL)","Solana blockchain","Solana DeFi","Solana Ecosystem","Solana network","Solana news","Solana Price","Solana price analysis","SOLUSD","SOLUSDT"],"articleSection":["Solana"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ktsl888.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/","url":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/","name":"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update","isPartOf":{"@id":"https:\/\/ktsl888.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage"},"image":{"@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260","datePublished":"2024-04-15T21:00:59+00:00","dateModified":"2024-04-15T14:24:45+00:00","description":"Solana price saw a notable recovery on Monday, after a steep decline, supported by positive developments in the BTC and ETH markets.","breadcrumb":{"@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#primaryimage","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260","contentUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260","width":462,"height":260,"caption":"Solana Price"},{"@type":"BreadcrumbList","@id":"https:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ktsl888.com\/"},{"@type":"ListItem","position":2,"name":"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update"}]},{"@type":"WebSite","@id":"https:\/\/ktsl888.com\/#website","url":"https:\/\/ktsl888.com\/","name":"NewsBTC","description":"Bitcoin & 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\/23849d4cdb61b3b34c9e7e5fea0a9a6c","name":"Ronaldo Marquez","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ktsl888.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/327ecc4c8e744ef573507a8dd49440d7?s=96&d=mm&r=g","caption":"Ronaldo Marquez"},"description":"Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo's journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have granted him a unique perspective on the industry. One of Ronaldo's defining areas of expertise lies in technical analysis. He firmly believes that studying charts and deciphering price movements provides valuable insights into the market. Ronaldo recognizes that patterns exist within the chaos of crypto charts, and by utilizing technical analysis tools and indicators, he can unlock hidden opportunities and make informed investment decisions. His dedication to mastering this analytical approach has allowed him to navigate the volatile crypto market with confidence and precision. Ronaldo's commitment to his craft goes beyond personal gain. He is passionate about sharing his knowledge and insights with others, empowering them to make well-informed decisions in the crypto space. Ronaldo's writing is a testament to his dedication, providing readers with meaningful analysis and up-to-date news. He strives to offer a comprehensive understanding of the crypto industry, helping readers navigate its complexities and seize opportunities. Outside of the crypto realm, Ronaldo enjoys indulging in other passions. As an avid sports fan, he finds joy in watching exhilarating sporting events, witnessing the triumphs and challenges of athletes pushing their limits. Furthermore, His passion for languages extends beyond mere communication; he aspires to master German, French, Italian, and Portuguese, in addition to his native Spanish. Recognizing the value of linguistic proficiency, Ronaldo aims to enhance his work prospects, personal relationships, and overall growth. However, Ronaldo's aspirations extend far beyond language acquisition. He believes that the future of the crypto industry holds immense potential as a groundbreaking force in history. With unwavering conviction, he envisions a world where cryptocurrencies unlock financial freedom for all and become catalysts for societal development and growth. Ronaldo is determined to prepare himself for this transformative era, ensuring he is well-equipped to navigate the crypto landscape. Ronaldo also recognizes the importance of maintaining a healthy body and mind, regularly hitting the gym to stay physically fit. He immerses himself in books and podcasts that inspire him to become the best version of himself, constantly seeking new ways to expand his horizons and knowledge. With a genuine desire to become the best version of himself, Ronaldo is committed to continuous improvement. He sets personal goals, embraces challenges, and seeks opportunities for growth and self-reflection. Ultimately, combining his passion for cryptocurrencies, dedication to learning, and commitment to personal development, Ronaldo aims to go hand-in-hand with the exciting new era that the emerging crypto technology is bringing to the world and societies.","sameAs":["https:\/\/instagram.com\/itsmarquez_fr?igshid=ZDdkNTZiNTM=","https:\/\/x.com\/Rmmcapital"],"url":"https:\/\/ktsl888.com\/author\/ronaldomarquez\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update","url":"http:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/solana\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260"},"articleSection":"Solana","author":[{"@type":"Person","name":"Ronaldo Marquez"}],"creator":["Ronaldo Marquez"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","crypto","crypto news","cryptocurrency","defi","eth","ethereum","solana","solana ( sol)","solana blockchain","solana defi","solana ecosystem","solana network","solana news","solana price","solana price analysis","solusd","solusdt"],"dateCreated":"2024-04-15T21:00:59Z","datePublished":"2024-04-15T21:00:59Z","dateModified":"2024-04-15T21:00:59Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana Price Jumps 7% On Bitcoin And Ethereum ETF Approvals, Network Congestion Update\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/solana\\\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/solana\\\/solana-price-jumps-7-on-bitcoin-and-ethereum-etf-approvals-network-congestion-update\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/shutterstock_download-7-12.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/shutterstock_download-7-12.jpg?fit=462%2C260\"},\"articleSection\":\"Solana\",\"author\":[{\"@type\":\"Person\",\"name\":\"Ronaldo Marquez\"}],\"creator\":[\"Ronaldo Marquez\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"crypto\",\"crypto news\",\"cryptocurrency\",\"defi\",\"eth\",\"ethereum\",\"solana\",\"solana ( sol)\",\"solana blockchain\",\"solana defi\",\"solana ecosystem\",\"solana network\",\"solana news\",\"solana price\",\"solana price analysis\",\"solusd\",\"solusdt\"],\"dateCreated\":\"2024-04-15T21:00:59Z\",\"datePublished\":\"2024-04-15T21:00:59Z\",\"dateModified\":\"2024-04-15T21:00:59Z\"}<\/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\/2024\/04\/shutterstock_download-7-12.jpg?fit=462%2C260","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/603344","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\/589"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=603344"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/603344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/603346"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=603344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=603344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=603344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}