- Alchemy debuts a $20 million Solana fund.
- Solana price traded at $83.58, up 1.67%.
- Indicators stayed balanced, with MACD near neutral and RSI at 48.59.
During today’s Asian trading session, SOL’s price opened at its market value of $83.3. Since then, the price has been trading in a stable direction with no great changes. This limited movement comes at a time when Alchemy has announced a $20 million fund dedicated to SOL builders. Normally, crypto prices tend to react in case of such developments; however, the Solana price still trades within weekly ranges. This move has raised a question about the next price target.
Alchemy Launches $20M Solana Fund to Back Developers
According to an official post, Alchemy has launched a $20 million fund for developers building on Solana, adding fresh infrastructure support to the network’s builder economy. The initiative offers up to $25,000 in credits per project and targets teams that need technical resources without high upf...
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