Solana (SOL) is trading around $85.40, showing a slight 0.5% decline and remaining below all major exponential moving averages, indicating a bearish trend. The cryptocurrency has been stuck in a narrow range between $81.92 and $87.68 over the past week, with resistance near $86.61 acting as a critical breakout point. Analysts highlight $100 as a crucial milestone for recovery, with longer-term targets ranging from $250 to $800. Market watchers expect a potential bullish wave if SOL can break above $86.61 and eventually surpass $100, which could lead to higher price levels in the coming months.
A newly funded wallet deposited 6.68 million USDC to the Hyperliquid trading platform and opened highly leveraged 20x short positions on Bitcoin, Solana, and Ethereum. This concentrated bearish trade is notable for its size and leverage but is based ...
HYPE ETFs attracted $31.4 million in net inflows over the past week, representing 0.208% of its market cap, significantly higher than Bitcoin and Ethereum, which recorded net ETF outflows. Solana also saw positive but much smaller inflows relative to...
Nearly $404 million in leveraged crypto positions were liquidated in 24 hours, mostly from short sellers as Bitcoin and Ethereum prices rose modestly. About 72% of liquidations were shorts, indicating a short squeeze that forced bearish traders out. ...
The crypto market remains stable with Bitcoin around $64,143 and Ethereum near $1,730, while Solana leads with notable gains amid renewed geopolitical tensions following Iran's announcement to close the Strait of Hormuz. This strait is a critical oil...
Solana (SOL) surged nearly 5% on June 20, outperforming major altcoins and breaking above $170 resistance. The rally, initially sparked by social media buzz, gained credibility as a whale bought $16.55 million worth of SOL and upcoming tokenomics cha...
