Alameda Research transferred 201,000 Solana (SOL) tokens worth $15.14 million to BitGo Custody, signaling possible asset redistribution ahead of a Q3 creditor deadline. Despite this large transfer, Solana's price showed little reaction, trading around $75 with ongoing market weakness. Data indicates increased selling pressure and a bearish trend, with SOL likely to face further declines unless it closes above $78.62. Investors remain cautious as more tokens flow into exchanges, suggesting potential continued downside risk.
Solana has launched a governance vote on proposal SGP-0002 to double its annual disinflation rate from 15% to 30%, accelerating the reduction of new SOL token issuance. This change could cut the projected six-year SOL supply by 18.9 million tokens, w...
Solana's price is holding near the $95 Fibonacci level and faces resistance around $100, with predictions targeting a recovery to $114-$116. The network leads in tokenized-stock DeFi deposits with $75.4 million, representing 64.5% of the market track...
Solana has reduced its slot time from 400 milliseconds to 350 milliseconds as part of a planned four-step upgrade aiming to reach 200 milliseconds. This update speeds up block production without increasing network capacity, shortening the duration of...
Solana has become the top blockchain for tokenized stocks in decentralized finance (DeFi), holding $75.4 million in related deposits. This represents about 64.5% of the total tokenized-stock DeFi market, surpassing platforms such as Ethereum, BNB Cha...
Solana's price is stabilizing near $95 after a strong rebound from $60, maintaining a bullish Elliott Wave outlook. Analysts see a possible short-term advance to $114-$116 if the current consolidation above $95.13 holds, with support levels at $90.69...
