Solana (SOL) has rebounded from $60 and is currently testing the $75 resistance level. Breaking above $75 could cause a short squeeze and push the price toward $80 temporarily. However, if SOL fails to break this resistance again, it would confirm a triple top pattern, potentially leading to a significant drop to $50. This bearish outlook is supported by weakening network usage and declining on-chain revenue, signaling reduced trader interest and ecosystem growth challenges.
Major cryptocurrencies including Bitcoin, Ether, Solana, and Dogecoin declined amid a surge in the U.S. dollar driven by the Japanese yen hitting a 40-year low. Bitcoin traded below $60,000 and its 200-week moving average, with muted onchain demand a...
Top futures traders have decreased their long positions in Solana (SOL) and Dogecoin (DOGE), while increasing exposure to Bitcoin (BTC) and Ethereum (ETH), indicating a shift in leveraged sentiment. Data shows Dogecoin's USDT-margined long share drop...
Pump.fun (PUMP) saw a price increase to $0.0015 driven by renewed market interest and a significant whale purchase of 242.66 million PUMP worth $358K. Despite this, the altcoin retraced to $0.0013 as profit-taking occurred, and momentum indicators li...
Solana (SOL) has held above the $70 mark, trading around $73.82, supported by strong inflows into Solana ETFs and rapid growth in real-world asset (RWA) tokenization on its network. The token's resilience contrasts with broader crypto market volatili...
Solana is dominating the current crypto market as a single-chain season unfolds, driven by strong app revenue and real usage, including $85.86 million in 30-day app revenue and significant tokenized real-world asset activity. In contrast, XRP is unde...
