Solana's price has fallen back toward $84 after failing to sustain a rebound near $86, with bearish momentum and reduced futures open interest signaling potential further declines. Traders are closely watching the critical $80 support level, as a breakdown could lead to a deeper correction toward lower liquidity zones. Despite the price weakness, institutional investors continue accumulating Solana exposure, partly driven by speculation around U.S. spot Solana ETFs. The broader market's cautious sentiment, influenced by macroeconomic pressures and Bitcoin's struggles, keeps short-term risks elevated, while Solana's expanding ecosystem and ongoing development provide longer-term support.
Solana (SOL) is trading near $77-$81, close to a key $80 resistance level, with record onchain transactions hitting 1 billion weekly. Despite mixed momentum and a slight drop in trading volume, rising network activity and modest inflows into SOL inve...
Solana (SOL) fell 3% on Wednesday, approaching a critical support level at the 50-day EMA of $76.67 after failing to break resistance near $83.94. ETF inflows dropped sharply from $8.36M on Monday to $1.67M on Tuesday, signaling reduced institutional...
Bitcoin remains steady above $62,000 despite escalating US-Iran tensions that have pushed oil prices up and gold prices down. Markets are now viewing geopolitical risks more as interest rate events, with bitcoin tracking Treasury yields closely rathe...
Alvarez & Marsal, a global restructuring advisory firm, has accepted its first client payment in USDC on the Solana blockchain, highlighting Solana's rising role in high-volume USDC transactions. Solana handles over 31% of global USDC transactions wi...
The newly launched prediction market 'World,' which debuted on Solana just a week ago, announced it is moving to Robinhood Chain without giving a clear reason. The move appears strategic, aiming to tap into Robinhood's 28 million mainstream customers...
