Solana's price surged nearly 18% last week, driven by record tokenized stock trading volume of $1.36 billion and increased institutional adoption, including ETFs with staking rewards and new network validators. The token outperformed many cryptocurrencies despite ongoing macroeconomic uncertainties like rising U.S. inflation and interest rates. Technical analysis shows Solana testing key resistance levels between $76 and $80, with potential for further gains if it breaks above these levels, though support near $72 remains crucial to sustain the rally. Analysts are optimistic about Solana's medium-term outlook, comparing its recovery potential to Ethereum's 2022 pattern, but caution remains due to broader market risks.
About $200 million in leveraged crypto positions were liquidated in 24 hours, mostly from short positions, triggering sharp rallies in select altcoins while Bitcoin remained subdued. This short squeeze caused altcoins like Solana and Hyperliquid to g...
Solana's blockchain technology, known for its speed and minimal transaction costs, is driving growth in crypto payments, especially in online gaming and commerce. Its ability to process thousands of transactions per second with near-zero fees offers ...
Bitcoin and ether prices fell toward critical multiyear support levels, with bitcoin near its lowest since late 2024 and ether at a level it has bounced from twice before. Despite subdued volatility, options traders are paying a premium for downside ...
Solana (SOL) climbed to the mid-$70 range, supported by rising institutional interest and expanding tokenized asset activity on its network. The blockchain processes about $650 billion in monthly stablecoin payments and has seen over $4 trillion in c...
Ethereum experienced significant outflows totaling over $8 million, while capital moved into stablecoins like USDT and fiat currencies, reflecting a cautious stance among crypto traders. This rotation suggests a defensive market mood, with investors ...
