Solana's price failed to break above the $98 resistance and is showing multiple bearish signals, including a bearish flag and double top patterns, suggesting a potential drop below the $80 support level. Momentum indicators like MACD and RSI are weakening, while institutional interest is declining, with ETF inflows slowing and futures open interest falling. This technical and fundamental weakness raises the risk of a deeper correction toward $78 or even $70. However, a sustained breakout above $98 could revive bullish momentum if accompanied by stronger inflows and improved trader sentiment.
Goldman Sachs fully liquidated its exchange-traded product (ETP) holdings in Solana (SOL) and XRP during Q1 2026, reflecting institutional caution toward higher-risk altcoins despite Solana's stable on-chain activity. This move is seen as a portfolio...
Cryptocurrency investment products experienced significant outflows totaling $1.07 billion last week, ending six weeks of inflows. Bitcoin products led withdrawals with $982 million lost, followed by Ethereum with $249 million, amid concerns over US ...
Dogecoin ETFs in the US saw a 215% increase in inflows, reaching $860,960, as institutional investors bought the dip near $0.10 despite Elon Musk's delayed rollout of the X Money payment system. This surge is driven by anticipation of Musk's platform...
Solana's price is currently testing a crucial short-term support zone between $82 and $84 after losing momentum on the daily RSI chart, which indicates weakening buying pressure. The price failed to hold above resistance near $94-$96 and has returned...
In Q1 2026, Solana generated $342.2 million in Chain GDP, with PumpFun leading app revenue at $124.7 million. Although real economic value (REV) slightly declined by 1% to $89.5 million, Solana remains the second-largest blockchain by REV behind Hype...
