Solana (SOL) is trading around $82, down about 70% from its peak near $295, reflecting weak market demand and significant selling pressure. The critical resistance level at $95 must be surpassed on the weekly chart to trigger a potential relief rally, while support currently holds between $78 and $83. Analysts warn that breaking below this support could lead to a further drop toward $60, with the 50-week EMA near $124 acting as a major barrier for any strong recovery. Increased trading volume despite price decline signals active selling, and the market remains cautious about SOL's near-term direction.
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
A Wall Street asset manager has filed with the SEC to launch a Solana ETF that includes staking rewards, potentially broadening institutional access to crypto yield products. This ETF would differ from traditional spot ETFs by passing through staking...
Solana achieved a record $3.47 billion in tokenized equities volume for June 2026, capturing over 96% of the global on-chain tokenized equity market. This milestone highlights Solana's strong position and efficiency in blockchain technology, maintain...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Trading volumes for major cryptocurrencies have declined since July 2024, reflecting weak demand and low market confidence. This trend is driven by macroeconomic pressures, Bitcoin ETF outflows, and bearish price action. Despite this, Solana (SOL) ha...
