Latest Solana and XRP Price Analysis, #Uptober Impacted by Iran's Attack on Israel?

Iran's attack on Israel dampened the #Uptober tradition in the crypto ecosystem. Most crypto prices have dropped, including Solana and XRP. How are the two crypto tokens doing now?

Uptober, a joyful tradition in the crypto ecosystem every October, seems to be faltering due to conflicts between countries. The reason is, that since Iran attacked Israel the crypto market has turned red, and so have Solana price and XRP.

Let's take a closer look at SOL and XRP. The discussion will also include Solana pricing and XRP price now so you can find out what the condition of both of them is in real-time.

Why is October Special in the Crypto Ecosystem?

The Uptober tradition in crypto is not a traditional tradition which reflects the increase in crypto token prices. Apart from the volatile nature of crypto, various other factors can also make October a sad month for crypto token holders.

However, here are some reasons why October has been special in recent years for the crypto ecosystem.

1. Market Strengthening After Summer

June to September were indeed slow months for the crypto ecosystem. Starting from the price of Bitcoin, Solana, XRP, Ethereum, and various other crypto tokens experiencing price declines.

After the summer, conditions improved. One reason is that institutional investors return to the office after their holidays and interest in trading and investment has strengthened again.

2. October Becomes Encouragement

The end of October becomes a bridge to Q4 where investors begin to tighten their belts to welcome strong final results. Market activity also increased with crypto holders starting to strategize fully so that purchasing power becomes greater.

3. Movement of Various New Projects

Often various projects are presented in the final quarter of each year, ranging from large industries to new regulations welcoming the new year. This is why crypto prices often strengthen in October because there is new hope for the future.

Uptober Contaminated by Iran and Israel Conflict

Iran's attack on Israel in early October shook the investment world, including the crypto ecosystem. When news of the conflict between the two countries heated up, the majority of crypto prices immediately went red, including Solana and XRP.

Uptober is widely doubted by crypto players. Coinglass data shows that more than $351 million was withdrawn from the market in the last 24 hours at the time of the reported Iran attack.

Current Solana and XRP Price Chart

Let's analyze the current prices of XRP and Solana. These two tokens are known to be strengthening, especially XRP which is currently raising its ETF project. However, it can be seen that the price of XRP to USDT is still red.

XRP still seems to respond negatively to existing conflicts. The current price of the token is $0.5300 with a decline of -0.6%. The RSI indicator is in free fall at 36, which means that if it falls again then there is overselling and XRP bearishness will certainly occur.

However, XRP's MACD line is struggling to rise through the boundary line. If XRP can prove its strength, the line can rise and the bearish trend will be broken, replaced by a bullish trend.

SOL to USDT was also the same as XRP, decreasing by a similar percentage, namely -0.5%. Currently, Solana is trading at $143.63, having previously reached its highest price of $144.58 in the last 24 hours.

However, Solana still shows a stable situation. The RSI indicator is still at 46, which means that even though the selling trend is more dominant than the buying trend, there is no excessive selling.

The MACD indicator is below the limit line, but looks like it is trying to return above. Solana still has a possible bullish trend.

Conclusion

That is information about Solana and XRP regarding the Iran and Israel conflict. You have to be more careful in deciding to invest in the crypto ecosystem at times like now. Research must be further deepened.

Bitrue will help you to do detailed research. Real-time price checking is available to you for free and you can even convert prices from USD to XRP, SOL, BTC, ETH, and prices of every other crypto token. That way, you can understand better how to buy SOL, XRP, and other crypto tokens.

Tentang Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

Ahead of Unlocking 524.03 Million Tokens, SOL Price Drops

Solana will unlock tokens worth over $81 million in October. However, Solana's price is currently falling. Read the full analysis in this article.

Solana is preparing to unlock tokens with more than 524 million tokens. However, Solana price now it is now decreasing. This situation makes SOL investors ask to be vigilant. The reason is, there are many major tokens that will also unlock tokens in the same month as Solana.

Read the full explanation of the current SOL price conditions complete with technical analysis.

Current Solana Price

The price of Solana to USDT is currently at $148.45 due to a decline of -5.31%. This price looks small not only in the 24 hours that SOL was trading at its highest figure of $157.32, but it is also very down compared to SOL's performance in Q3.

In early August, SOL was at $193, and then in early September, Solana also experienced an increase of up to 25%. This increase rate far exceeds the increase rate for BTC and ETH.

It can be seen from the Solana price chart above, several Solana indicators show unsatisfactory conditions. For example, the RSI indicator is currently at 40. This means that Solana is currently experiencing a selling trend that is greater than the buying trend. If this RSI number falls again, overselling occurs on the SOL token.

Solana's MACD indicator also fell from the cut line with the two lines quite far apart. With these conditions, a bearish trend for SOL tokens is in sight.

Unlock Token SOL di Oktober

The fall in Solana prices accompanies news of preparations to unlock SOL tokens this October. Reportedly, Solana will unlock up to 524.03 million tokens with a value of $81.56 million. This amount represents 0.11% of Solana's existing supply. 

The unlock value of Solana tokens may seem small compared to the total supply, but Solana's market value will be affected. Moreover, in the same month, there will be many main tokens that will also unlock, such as ADA, ENA, SUI, ZETA, DYDX, MAV, SEI, WLD, NEAR, and AVAX. In fact, the token that will be unlocked in the next 7 days in early October is reportedly worth $735 million.

That way, Solana investors of course have to be alert to the price of Solana which could be affected by the token unlock that will be carried out later.

Conclusion

Information regarding the current decline in Solana prices has been explained above. You can do more in-depth research about Solana, starting from the current Solana price conditions, convert SOL to USD, how to buy Solana, to various news about Solana projects that are being or will be carried out only on the Bitrue website.

About Bitrue

Bitrue is a leading cryptocurrency exchange, offering a wide range of digital assets, innovative features, and user-focused services. Founded with the mission to empower the world’s crypto enthusiasts, Bitrue continues to expand its platform with new products, events, and opportunities for users worldwide.

Ross Flores Del Rosario to Capture the Heart of SOX in Jay Jallorina’s Photography Tour

Wazzup Pilipinas!?



Renowned for his leadership in digital journalism as the founder of Wazzup Pilipinas, Ross Flores Del Rosario is now set to explore new frontiers through his passion for photography. On October 25-28, 2024, Del Rosario will be participating in the much-anticipated LANDSCAPES SOX photography tour, organized by Jay Jallorina Photography under the banner of ChaseTheLight. This four-day guided tour is a visual journey into the captivating landscapes and vibrant culture of SOCCSKSARGEN, also known as SOX—the region comprising South Cotabato, Cotabato, Sultan Kudarat, Sarangani, and General Santos City.

A Visual Journey Through SOX

For Ross Del Rosario, a seasoned traveler and cultural promoter, this event presents a unique opportunity to deepen his connection with the Philippines. Already a key figure in promoting local tourism through Wazzup Pilipinas, Del Rosario’s participation in LANDSCAPES SOX aligns perfectly with his ongoing mission to highlight the country's hidden gems. Known for his open book approach in addressing national and global issues, Del Rosario will be translating his advocacy into art by documenting the region's natural beauty and cultural richness through the lens of his camera.

The tour, led by celebrated photographer Jay Jallorina, promises an immersive experience for its participants. LANDSCAPES SOX will take photographers to some of the most iconic and serene locations in the region, including the stunning Lake Sebu, the majestic waterfalls surrounding it, and the culturally rich communities of the Tboli and Blaan people.

Del Rosario, who has organized and participated in numerous influencer tours across Rizal province, will no doubt bring his seasoned eye for detail and storytelling to this visual expedition. SOX, with its breathtaking landscapes and cultural depth, offers the perfect canvas for Del Rosario to express his creative vision while continuing his advocacy for sustainable tourism and cultural appreciation.

The Highlights: Capturing SOX’s Beauty

The itinerary of the LANDSCAPES SOX tour is packed with photographic gems, each stop a blend of natural wonders and cultural immersion. The tour will kick off with an exploration of the Mangrove Trees of Sarangani Bay, a coastal treasure where Del Rosario, along with other photographers, will capture long-exposure shots of these ancient trees bathed in the soft light of sunset. These photographs will no doubt be a reflection of Ross’ fascination with nature and its capacity to inspire calm amidst a fast-paced world.

The next significant location is Mount Matutum, a towering figure in SOX's landscape, framed by the vast pineapple plantations surrounding its base. As dawn breaks, Del Rosario will have the opportunity to document the rising sun over this lush and vibrant scene—a perfect shot to showcase the agricultural richness of the region.

The journey culminates in Lake Sebu, renowned not only for its stunning natural beauty but also for its deep cultural roots. Known for his talent in capturing stories, Del Rosario will delve into the lives of the Tboli and Blaan people, photographing their colorful attire, intricate dances, and musical traditions. These intimate cultural portraits will reflect the essence of Del Rosario’s broader advocacy—to celebrate the heritage of communities and promote them as part of the nation's identity.

Waterfalls and Adventure

One of the tour's most exhilarating moments will be photographing two of the seven waterfalls in Lake Sebu. As someone who has taken on various leadership roles and public appearances, Del Rosario will embrace the challenge of capturing the dramatic beauty of these waterfalls from different angles. The possibility of taking on the country’s longest zip line ride, flying over the forests and falls, promises not only a thrilling adventure but also the potential for some of the most unique aerial shots of the tour.

Culinary Delights and More

Of course, no photography tour would be complete without immersing oneself in the local flavors. Del Rosario and the rest of the group will have the opportunity to indulge in SOX's culinary offerings, with fresh seafood and local dishes adding to the richness of the experience. After all, food is an essential part of any cultural exploration, and as the founder of Wazzup Pilipinas, Ross understands the power of food in telling a region’s story.

The tour will also include a visit to the bustling GenSan Tuna Fish Port, where Del Rosario will engage in street and travel photography, documenting the lively market scene as freshly caught tuna is unloaded, processed, and sold. The sights and sounds of this bustling industry will provide a stark contrast to the tranquil landscapes, offering a comprehensive view of the region’s economic and cultural life.

Equipped for Excellence

Given his extensive travels and media work, Ross Del Rosario will be well-prepared for this photography tour, equipped with his DSLR camera, tripod, filters, and perhaps even a drone for those breathtaking aerial shots. His attention to detail, coupled with his innate ability to tell stories through images, promises to make his photographic work a true representation of SOX’s beauty.

An Ongoing Journey

Ross Del Rosario’s participation in LANDSCAPES SOX is not just about photography—it’s an extension of his lifelong mission to promote the Philippines as a prime destination for both business and leisure. This tour will allow him to continue highlighting the country’s untapped potential, advocating for environmental sustainability, cultural preservation, and local tourism development.

As Ross Del Rosario, founder of Wazzup Pilipinas, embarks on this 4-day adventure with Jay Jallorina Photography, we can only anticipate the breathtaking images and stories he will share with the world, continuing to inspire a greater appreciation for the natural beauty and cultural richness of the Philippines. Through this journey, he will undoubtedly showcase SOX as a region not to be overlooked, cementing its place as one of the country’s best-kept treasures.

Stay tuned for the incredible visual journey Ross will bring back from SOX—this is one photography tour that promises to leave a lasting mark on the landscape of Philippine tourism.