Bitwise has purchased $107.4 million worth of Solana (SOL) over 20 trading days, driven by steady inflows into its Solana ETF despite market volatility. This significant buying reflects growing institutional interest in Solana as investors use recent price weakness as an entry point. Bitwise now holds over 9 million SOL, valued at approximately $918 million, approaching a $1 billion milestone in Solana holdings. This trend highlights increasing demand for Solana investment products among institutions.
Solana's price has climbed back to around $103 from a low near $60, closing its first green monthly candle in ten months. Technical indicators like the monthly MACD and RSI suggest improving momentum, hinting at a potential bullish reversal if Solana...
Solana (SOL) is trading at $102.78, down slightly by 0.57% in the last 24 hours but remains above key moving averages, indicating a positive overall trend despite slower momentum. Open interest has decreased from a peak of $7.5 billion to about $6.6 ...
Solana (SOL) has bounced back from lows near $60 to trade around $103, marking its first positive monthly close after ten months of decline. Technical indicators like the monthly MACD nearing a bullish crossover and RSI breaking a two-year downtrend ...
SkyAI, a company managing Solana treasury assets, is currently facing opposition from shareholders against the reelection of its board members. However, there are no verified details on the number of opposing shareholders, their reasons, or the outco...
On September 7th, Solana captured 67% of all memecoin trading volume across spot decentralized exchanges, nearly three times the 23% share held by Robinhood Crypto. This dominance reflects a long-standing trend, with Solana maintaining over 50% of me...
