Solana's price fell over 11% in three days, breaking below a major support level at $76.6, a threshold held since February. This drop was driven by liquidations and a broader crypto market sell-off, with technical indicators signaling further downside risk toward the low-$50 range. Despite the price weakness, Solana's network remains strong in stablecoin transfers, processing over $832 billion in Q1 2026 and gaining institutional interest from Mastercard. For a sustained recovery, Solana must reclaim the $76.6 support and surpass the 50-day moving average near $83, but current momentum favors continued declines amid macroeconomic and geopolitical uncertainties.
Solana's price has fallen below the key $77 support level, currently trading around $69.53 after a 6% drop in 24 hours and over 42% decline year-to-date. This breach signals a confirmed downtrend, with technical indicators like all major EMAs and MAC...
Solana's price fell over 5% in a short-term correction despite strong institutional interest and a major network upgrade called Firedancer, which enhances client diversity and network resilience. The token is trading near $70 with steady ecosystem ac...
Solana (SOL) is at a critical near-term price range of $72.50 to $77.19, with technical analysis suggesting a potential breakout or breakdown that could set the next market direction. Meanwhile, demand for BlackRock's iShares Bitcoin Trust (IBIT) app...
Hyperliquid's HYPE token recently climbed above Solana's price, reaching a record high near $75.4 while Solana fell to its lowest since late 2023. Despite a broader market downturn affecting major cryptocurrencies like Bitcoin and Ethereum, HYPE gain...
Crypto markets saw $1.84 billion in liquidations within 24 hours on June 3, the largest since February, driven mainly by $1.66 billion in long position losses. Bitcoin longs alone lost $883 million, including a $59.67 million position on HTX. The sel...
