Solana (SOL) is trading around $76.80, showing a 2.66% gain as it challenges the top of a descending channel near $76. The recent issuance of 250 million USDC on the Solana blockchain by Circle has increased stablecoin liquidity, supporting ecosystem activity. Technical indicators suggest a possible breakout with upside targets at $84, $123, and $140, though near-term momentum remains cautious with resistance at the 50-day and 200-day EMAs. The weekly chart shows a strong demand zone, indicating accumulation opportunities as long as support holds, with the yearly open price near $143.44 as a longer-term target.
Bitcoin fell 2.7% to about $63,200 following a sharp sell-off in Asian equity markets, notably Korea's Kospi which dropped over 10%. The tech sector was pressured by worries over AI infrastructure investments exceeding $750 billion, causing Nvidia sh...
Bitcoin fell about 2.7% to around $63,200 following the U.S. market close, dragged down by a sharp 10% drop in South Korea's Kospi index, which hit its lowest since April. The U.S. Senate postponed a vote on the CLARITY Act, delaying crypto regulator...
The Solana Policy Institute warns that billions in crypto investment are on hold pending the passage of the CLARITY Act, which would clarify legal protections for developers and validators in decentralized networks. Without this legislation, investor...
Circle minted $500 million in USDC on the Solana blockchain in July, continuing a trend of shifting stablecoin liquidity from Ethereum to Solana. This issuance, done in two $250 million tranches, reflects growing demand for USDC on Solana, which has ...
In Q2 2026, Solana's consumer card ecosystem reached a record $246 million in top-ups and $185 million in card spending, highlighting increased user engagement and adoption of its payment infrastructure. This growth reflects broader activity surges i...
