Solana (SOL)

📜 History

Anatoly Yakovenko, a former Qualcomm engineer, published the Solana whitepaper in 2017. Solana Labs was founded that year to build a fast, low-cost blockchain. The network's main feature is Proof of History, a timing method that combines with Proof of Stake to speed up transactions. Mainnet Beta launched in March 2020. Solana became one of the largest smart-contract platforms during the 2021 crypto boom, and its price peaked near November 2021. The network suffered several outages in 2021 and 2022, which hurt confidence. In 2022, the Terra collapse, the failure of several lenders and the FTX bankruptcy in November pushed SOL down more than 90% from its peak.

⚙️ What moves the price

• →Bitcoin and Ethereum price moves, since SOL is highly correlated with the wider crypto market
• →US interest rate decisions and liquidity conditions, which affect appetite for risky assets
• →Regulatory news from the US SEC and other regulators, including rules on token classification and ETFs
• →Network outages, upgrades and client releases, which can change confidence in Solana's reliability
• →Activity in Solana's DeFi, NFT and memecoin markets, and token unlock schedules that add supply

Character

• •High volatility: 5–10% a day is normal.
• •Strongly follows Bitcoin.
• •Most active when US markets are open.

When to trade

• ✅When Bitcoin has a clear trend.
• ✅US hours (12:00–20:00 UTC), when volume is highest.

When not to trade

• ⛔Weekends and the night — thin liquidity and sudden spikes.
• ⛔Big crypto news (ETF decisions, exchange problems) and US CPI.
• ⛔Leverage higher than you can afford.

Our verified setups

Latest closed signals

• SELL · M15 · SL28/10−$104
• SELL · M15 · SL13/10−$102
• SELL · M15 · TP513/10+$498
• BUY · M15 · TP505/10+$220
• SELL · M15 · SL02/10−$101

📊 Weekly report

Simulation: $10,000 deposit, $100 risk per trade. Pips — price movement; $ — result at fixed risk.