Solana's price has surged over 20% from its early June low near $60, reaching around $75, a critical former support level now acting as resistance. This rebound follows easing geopolitical tensions between the U.S. and Iran, which lowered oil prices and boosted risk assets including Solana. The token is at a pivotal point: breaking above $75 could lead to gains toward $83.5, $90, and $98.3, while failure to reclaim this level might trigger a pullback toward $71.8, $69.1, or even the June low near $60. Market momentum indicators support the recovery, but some analysts warn that rejection at $75 could lead to further declines. Overall, Solana's ability to hold above $75 will be key to its near-term trend direction amid ongoing macro risks.
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
On June 15, U.S.-listed spot altcoin ETFs saw focused inflows primarily into Hyperliquid, XRP, and Solana products, indicating concentrated investor interest rather than broad market participation. Hyperliquid ETFs led with $17.19 million in net infl...
Circle minted an additional 1 billion USDC stablecoins on the Solana blockchain on June 16, bringing the total USDC issuance on Solana to 3.5 billion over the past week. This large mint reflects growing demand for Solana liquidity, payments, and trad...
The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...
Solana's price rose 11% over three days to $73.74, driven by $2.81 million net inflows into spot Solana ETFs and strong on-chain activity, including $50 million in tokenized SpaceX stock trades. Despite this rebound, SOL remains below key moving aver...
