Bitcoin had an incredible 24 hours, seeing significant gains. Naturally, the altcoins followed; Solana has rebounded almost 10% after a slow start to February, Cardano is performing well after its recent upgrade, XRP’s trading volume is holding steady despite legal uncertainty, and MATIC’s market structure looks promising as it attempts to break out of its current resistance level. How much was due to their own developments?
Solana Price and Hackathon Update
On Wednesday, the 15th of February, Solana’s price drastically rose by 9.29% to $23.77, after steadily increasing from Friday the 10th. If Solana can sustain price action above the immediate support at $22.86, the cryptocurrency’s price could rise toward critical resistance at $28.55, which was previously a highly contested trading zone.
In recent news, Solana has announced a hackathon called Grizzlython, allowing builders to go from idea…