Solana's price rose from $96.60 to a high of $110 on August 28 before retreating slightly to around $106, supported by strong US spot ETF inflows totaling about $1.22 billion and increased network activity. Despite hotter US inflation data that pressured risk assets, Solana maintained its breakout above key support levels, with momentum indicators remaining bullish. If Solana holds above $104, it could challenge resistance at $110 and potentially move toward $115 and $127.83. The market is watching a proposal to accelerate inflation decline, which could impact supply and price dynamics if approved.
Cryptocurrency prices exhibit varied changes, with Bitcoin trading around $79,579, slightly up by 0.16%. Ethereum and Binance Coin show minor declines, while some altcoins like Solana and Zcash post gains above 1%. The mixed price movements reflect o...
Solana (SOL) is showing strong bullish signals, holding its key support zone at $96-$97 after breaking above it, which sets the stage for a near-term move toward $120. This breakout-and-retest pattern suggests the $120 level is the next target if SOL...
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
Solana is considering a proposal to reduce future SOL issuance by 18.9 million tokens over six years, potentially increasing its value by slowing supply growth. The network recently set a new record with over 1.5 million agentic (automated) transacti...
Bitcoin options with a notional value of about $6.4 billion are set to expire on August 28, 2026. This large expiry could influence market positioning and volatility, though the actual impact on Bitcoin's price depends on factors like strike distribu...
