Solana's price remains under the $80 mark due to macroeconomic pressures like rising U.S. Treasury yields and weak institutional demand, limiting its recovery despite strong on-chain activity. The token is forming a bullish falling wedge pattern, suggesting a potential breakout if it surpasses the $80-$81 resistance zone, which could trigger short liquidations and further gains. However, momentum indicators are mixed, and the outlook depends heavily on broader economic factors such as U.S. inflation data and Federal Reserve policies. A drop below $75 would invalidate the bullish setup, while sustained buying above $80 could push prices toward $83-$84.
On October 21, altcoin spot ETFs experienced net inflows with XRP, Solana (SOL), Zcash (ZEC), and NEAR leading the gains. XRP spot ETFs attracted $708,515, reversing two sessions without flows, while Solana ETFs ended a 12-session outflow streak with...
GSR updated its Core3 model portfolio by reducing Bitcoin allocation by 2.5 percentage points to 40.5% and increasing Solana to 23.5%, while Ether remained steady at 36%. Over the past week, Bitcoin rose 1.4%, Ether 0.7%, and Solana 2.1%, though all ...
GMX's new proposal would use Solana protocol revenue remaining after GT token buybacks to fund GMX token buybacks, adding those tokens to staking rewards. Meanwhile, stakers on Arbitrum and Avalanche would face a 180-day withdrawal waiting period sta...
Bitcoin increased by 2.9% to $83,802, with other major cryptocurrencies like XRP, Dogecoin, Ether, Solana, and BNB also posting gains. XRP led the top six assets with a 5.03% rise, while the total crypto market capitalization slightly decreased by 0....
Polymarket's Solana market now estimates a 70% probability that Solana's token will reach $110 by the end of the month, up 16 percentage points in 24 hours. This optimism coincides with Solana's upcoming Alpenglow upgrade, scheduled for October 21, w...
