Solana is a blockchain built for mass adoption. It's a high-performance network that is utilized for a range of use cases, including finance, payments, and gaming.
Consensus Mechanism. Proof of History (POH). It is a mix of proof of stake plus a new variable time to the network. Each transaction is timestamped with a hash SHA256, sequential hashing verifiable delay function (VDF). It is a sequence of computations that can provide a way to cryptographically verify the passage of time between two events
Features-
Transactions per second -65000
Block time- 0.40 seconds
Fees- 0.00064 SOL per transaction
News-
The total value locked in Solana climbed sharply to $5 billion from $4 billion an increase of 27%. The number of active addresses increased from 1.44 million to 1.82 million. Cypherpunk Holdings increased its stake in Solana to 63000 SOL tokens from 6131 SOL tokens.
SOLUSD has traded higher for the past ten consecutive days.
Any daily close above $210 confirms further bullishness.
SOLUSD has gained more than 50% in the past ten days. The pair holds above the short-term (21 and 55 EMA) and long-term moving average in the 4-hour chart. It hit a high of $174.61 and is currently trading around $170.85.
The bullish invalidation can happen if the pair closes below $120. On the lower side, the near-term support is $160. Any close below target $150/$138/$130.
The pair's near-term resistance is around $190. Any breach above confirms minor bullishness. A jump to $209/$228/$260 is possible. A surge past $260 will take it to $300.
It is good to buy on dips around $140-142 with SL around $120 for TP of $200/228.


2025 Market Outlook: Key January Events to Watch
Global Markets React to Strong U.S. Jobs Data and Rising Yields
European Stocks Rally on Chinese Growth and Mining Merger Speculation
US Futures Rise as Investors Eye Earnings, Inflation Data, and Wildfire Impacts
U.S. Stocks vs. Bonds: Are Diverging Valuations Signaling a Shift?
Goldman Predicts 50% Odds of 10% U.S. Tariff on Copper by Q1 Close
Geopolitical Shocks That Could Reshape Financial Markets in 2025
Mexico's Undervalued Equity Market Offers Long-Term Investment Potential
Indonesia Surprises Markets with Interest Rate Cut Amid Currency Pressure
UBS Projects Mixed Market Outlook for 2025 Amid Trump Policy Uncertainty
Bank of America Posts Strong Q4 2024 Results, Shares Rise
Gold Prices Slide as Rate Cut Prospects Diminish; Copper Gains on China Stimulus Hopes
Moody's Upgrades Argentina's Credit Rating Amid Economic Reforms
Oil Prices Dip Slightly Amid Focus on Russian Sanctions and U.S. Inflation Data
U.S. Treasury Yields Expected to Decline Amid Cooling Economic Pressures
Wall Street Analysts Weigh in on Latest NFP Data
Stock Futures Dip as Investors Await Key Payrolls Data 



