Solana's price pulled back from a recent high near $97.5 to around $91, retreating after hitting resistance between $94 and $98. The MACD indicator on the daily chart signals weakening bullish momentum with a potential bearish crossover, while the Relative Strength Index also shows cooling strength. Traders are closely watching the $90 support level, which if broken, could lead to further declines toward $87 and $85. Conversely, reclaiming resistance near $94-$96 could revive the rally toward $100 and beyond. The recent price action reflects cautious sentiment despite earlier gains driven by network upgrades and increased activity in Solana-based DeFi and memecoin trading.
Bitcoin led a broad crypto market rally with its price rising 2.26% to $81,390, supported by a 19% surge in derivatives trading volume and increased risk appetite. Major altcoins like XRP and Hyperliquid also saw strong gains, indicating renewed inte...
SOL Strategies acquired Darklake Labs for $1.2 million, gaining the team and Zyga, a zero-knowledge proof system that enables private, verifiable transactions on Solana. This marks SOL Strategies' shift from a passive Solana investor to an active inf...
Solana (SOL) experienced a modest decline in its price recently. Despite the small dip, traders remain optimistic and expect a more significant price movement in the near future. This suggests ongoing interest and potential volatility for SOL in the ...
Forward Industries reported a $585.6 million loss in Q1 2026 due to a $560.2 million write-down from falling Solana (SOL) prices, despite expanding its SOL treasury and staking operations. The company holds nearly 7 million SOL tokens worth $1.59 bil...
XRP has surged past the $1.50 mark, posting a 6.7% gain in 24 hours and 8.8% over the past week, outperforming top cryptocurrencies like Bitcoin and Ethereum. This rally is driven by aggressive accumulation from large holders ('whales') and a signifi...
