Over the last week, the price of Solana has risen. During the same time frame, SOL surged close to 17%. Although the bulls were in the market, SOL was not entirely out of the woods. The price was dragged to the $21 mark recently after the bears attempted to drag the price down.

Solana saw high volatility on the price charts around 14 March but has been more subdued over the past few days. It has formed a lower timeframe range. Bitcoin’s inability to drive past the $28k mark meant sentiment could be beginning to shift bearish once again in the near term.

Amidst the looming economic uncertainties surrounding major economies worldwide, the crypto market is experiencing a renaissance. Signs of a bullish season are apparent, as evidenced by the upward trend in prices on the charts. Cardano, for example, has recently displayed more green candles than in the previous twelve months, while Solana is poised for a breakout that could trigger a significant uptrend.

Solana rose by as much as 8% to start the week, as the token moved toward a one-month high. The token climbed for a second straight session, as the global banking crisis pushed investors towards cryptocurrencies. Chainlink was also higher, hitting a three-week high.

Formfunction, an NFT marketplace platform on Solana, will shut down its website on March 29, about a year after the project raised $4.7 million in a seed funding round.

The market is trading in red today as Bitcoin, and Altcoins including Ethereum see a decline. As of writing, Bitcoin price has decreased by 0.96% in the last 24 hours. Ethereum price decreases by 2.88%. Crypto prices today for Cardano fell by 5.48%. XRP is down by 2.11%. Solana price dropped by 8.44%. Polygon is down by 6.95%. Polkadot price dips by 5.05%.

The platform, which had over 4,000 creators, has helped over 600 creators make at least $1,000, and over 70 creators make at least $10,000.

Cosmos climbed by as much as 5% in Wednesday’s session, as the token remained close to a multi-week high. Cryptocurrency markets consolidated recent gains in today’s session, with the global market cap down by 0.24% as of writing. Solana continued to trade above $20.00, as prices consolidated.

The market is trading in green today as Bitcoin and other Altcoins are seeing a jump today as the U.S. CPI inflation data came down to 6%. The U.S. government also shared plans of protecting the citizens from another further banking crisis in the country.

A Solana ($SOL) whale has, according to transaction data from the cryptocurrency’s blockchain, deposited $10.2 million worth of the smart contract platform’s native currency to Coinbase, a leading US-based cryptocurrency exchange.

Binance.US, the United States-based unit of the cryptocurrency exchange Binance, has decided to delist Helium (HNT) as well as JasmyCoin (JASMY) tokens from its platform. The aforementioned tokens won’t be accessible on Binance.US, beginning 21 March. The platform claimed that it made the decision after a thorough evaluation of all current assets.

The market is trading in green today as Bitcoin and other Altcoins are still seeing a jump today despite the collapse of three major U.S. banks last week. As of writing, Bitcoin price increased by over 17% in the last 24 hours and shoots past $26k. Ethereum price increased by 10%. 

According to a recently published announcement from Upbit, a Seoul-based exchange Upbit, which has been registering more trading volumes than any other exchange in the country after Binance, the Solana-based altcoin is being added in a trading pair against the flagship cryptocurrency Bitcoin ($BTC).

A cluster of massive Solana whale wallets has transferred over $60 million worth of $SOL to the Nasdaq-listed cryptocurrency exchange Coinbase in a series of transactions that suggests the funds were moved by a single entity.

Perhaps you do know how to read a blockchain explorer, but if you ask the average dev out there they will tell you how much of a hassle it is reading, understanding and making use of one, more so, in the Solana ecosystem.

Losses from crypto scams in Hong Kong amounted to 1.7 billion Hong Kong dollars ($216.6 million) last year, surging 106% from a year before, according to the local police.

Tensor, which brands itself as "the Blur of Solana," raised $3 million in a seed funding round.

Solana-based decentralized finance (DeFi) platform Solend plans to improve risk management and decentralization with the Solend V2 lending and borrowing protocol.

Speaking to Cointelegraph on March 1, Federa said the New York Department of Financial Services — NYDFS, one of the state regulators responsible for licensing crypto firms — was essentially setting up roadblocks for many projects looking to issue stablecoins or similar blockchain services. He added that Solana had heard from projects facing “pretty draconian” rules in the European Union related to liability around illicit transactions.

The Solana price continues to display bearish movement on the daily chart. Over the last 24 hours, the altcoin dipped close to 4%. In the past week, SOL depreciated 12%. But at the moment, Solana is trading near a crucial resistance level below $22, and overturning this price mark could change the price direction of the altcoin.