Solana (SOL) dropped 6% to $74.8 after Bitcoin fell below $63,000, testing key support at its 50-day moving average. Morgan Stanley recently enabled spot trading for SOL on its E*TRADE platform, potentially boosting demand as other banks only support Bitcoin and Ethereum. Positive inflows into U.S. spot ETFs also suggest possible recovery if SOL holds above $74. However, worsening macro or geopolitical risks could push prices lower. The next resistance targets are $80, $84, and $88 if the support holds.
Solana's token (SOL) is now accessible for trading on the XRP Ledger's native decentralized exchange through a wrapped SOL asset issued by Axelar. This development enhances interoperability between the Solana and XRP Ledger ecosystems, allowing users...
Ethereum and Solana prices showed mixed movements recently, with no clear market direction. Grayscale's research suggests both networks might reduce the annual production of new tokens, potentially making ETH and SOL scarcer assets. This reduction in...
Solana (SOL) is approaching a breakout from a 19-month downtrend against Bitcoin, indicating a possible major price reversal. Analyst data shows SOL stabilizing around $75 with strong support near $74, driven by increased whale accumulation and staki...
Solana (SOL) is trading near $75, testing a descending resistance line that has capped its price since early July. Traders see two possible bullish scenarios: a direct breakout above resistance levels at $82.25 and $98.40 could lead SOL toward a $130...
Solana Company posted a $30.3 million net loss in Q2 2026 despite generating $2.5 million in revenue, mostly from staking its SOL tokens. The loss was driven by a $25.4 million realized loss on digital asset sales and a sharp rise in operating expens...
