Ethereum

Solana

Convergence

Coin

Divergence

<ul class="wp-block-list news-points">
 <li><strong>Solana’s trading volume dipped, but interest grew, hinting at investor confidence despite market fluctuations.</strong></li>
 <li><strong>Ethereum’s derivatives indicate bullish sentiment, though its market performance slightly declined.</strong></li>
 <li><strong>Expert forecasts suggest Solana might peak at $154.79 by December 2024, with Ethereum potentially reaching $2,634.51.</strong></li>
</ul>
<p><a href="https://coinedition.com/solana-whales-buy-new-coin-for-10x-gains-analysts-disagree-on-binance-coin-predictions/" rel="noopener noreferrer nofollow">Solana</a> (SOL) has recently surged ahead of Ethereum (ETH), capturing the attention of investors and traders alike. This unexpected shift raises a tantalizing question: Could this be the start of a major bull run for Solana?</p>
<h2 class="wp-block-heading" id="h-solana-s-current-market-overview">Solana’s Current Market Overview</h2>
<p>Solana is trading at <a href="https://coinmarketcap.com/currencies/solana/" target="_blank" rel="noopener noreferrer nofollow">$154.40</a> with a 24-hour volume of $2.68 billion. Its market cap currently stands at $72.54 billion, with a slight 0.60% drop in price. There are 469.8 million SOL coins in circulation.</p>
<p>The Relative Strength Index (RSI) of Solana is at 59.60, indicating mild upward momentum without reaching the overbought threshold of 70. The Moving Average Convergence Divergence (MACD) shows a bullish crossover, suggesting possible price increases.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="512" height="283" src="https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131.png" alt="" class="wp-image-528838" srcset="https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131.png 512w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-300x166.png 300w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-380x210.png 380w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-127x70.png 127w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-159x89.png 159w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-440x243.png 440w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-414x229.png 414w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-299x165.png 299w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-377x208.png 377w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-144x81.png 144w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-123x68.png 123w, https://coinedition.com/wp-content/uploads/2024/10/unnamed-2024-10-17T120500.131-129x71.png 129w" sizes="(max-width: 512px) 100vw, 512px">
  <figcaption class="wp-element-caption">
   Source: <a href="https://www.tradingview.com/x/0hUol51M/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>
  </figcaption>
 </figure>
</div>
<h2 class="wp-block-heading" id="h-solana-s-derivatives-and-trading-insights">Solana’s Derivatives and Trading Insights</h2>
<p>In derivatives, Solana’s trading volume has fallen by 21.13%…</p>
<p>The post <a href="https://coinedition.com/solana-surpasses-ethereum-is-a-solana-bull-run-imminent/" rel="noopener noreferrer nofollow">Solana Surpasses Ethereum: Is a Solana Bull Run Imminent?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Solana Surpasses Ethereum: Is a Solana Bull Run Imminent?

Table of Contents

Coin Edition

Other articles published on Oct 17, 2024

Russian Banks Joins CBDC Sandbox: Here’s What to Expect

Bitcoin October Rally – A Sign of Markets Pricing In a Potential Trump 2024 Elections Victory

ZachXBT vs. Murad Mahmudov: Doxxing Debate Shakes Crypto Twitter

Bitcoin Sends Buy Signals While Sustaining Uptober Price Rally

FBI Arrests Alabama Man Behind SEC X Hack and Fake Spot Bitcoin ETF Post That Spiked Prices

Canary Capital Second to File for XRP ETF

Join our free newsletter for daily crypto updates!