Coral Protocol and Solana Organize Hackathon to Enhance the Agentic Economy through Internet of Agents
Hackathon Overview: Coral Protocol partnered with Solana to host the Internet of Agents Hackathon in NYC, attracting over 3,000 developers who formed nearly 400 teams and submitted over 100 projects, all utilizing Coral's infrastructure to create fully functioning AI applications across various sectors.
Prizes and Post-Hack Bounties: The event featured a $100,000 prize pool for outstanding projects and introduced $27,500 in post-hack bounties to encourage continued development, rewarding teams for achieving specific growth milestones.
Community and Mentorship: The hackathon included participation from top AI developers and provided workshops led by Coral's co-founders and partners, fostering collaboration and mentorship throughout the event.
Future Developments: Coral Protocol plans to enhance its marketplace and developer experience in future hackathons, aiming to improve user interface and verification processes for AI agents, further solidifying its role in the Agentic Economy.
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Technical Analysis for SOL
Technical Sentiment Analysis for Solana (SOL) As of , Solana (SOL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 1 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SOL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SOL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Solana (SOL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 15.749 | 41.624 | 67.099 | 92.974 | 118.449 | 144.324 | 169.799 |
| Fibonacci | 41.624 | 61.24 | 73.359 | 92.974 | 112.59 | 124.709 | 144.324 |
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