Solana's price is showing signs of weakening, trading around $84.5 with a bearish MACD crossover indicating fading short-term momentum. The price is hovering just above a critical support zone between $78 and $75, which has been tested multiple times, raising the risk of a breakdown toward $75. Declining institutional inflows, reduced decentralized exchange volume, and increased exchange inflows suggest weakening demand and rising selling pressure. If the price falls below $78, a sharper decline could follow, while a move above $86 is needed to shift momentum positively, though current indicators favor sellers in the short term.
On May 26, XRP exchange-traded funds (ETFs) recorded net inflows of $1.55 million, continuing a 27-day streak of institutional accumulation despite broad market sell-offs affecting Bitcoin and Ethereum ETFs. While Bitcoin and Ethereum ETFs saw signif...
Solana's price remains stuck below $100 despite record-breaking network activity and a surge in stablecoin transactions, highlighting a disconnect between strong fundamentals and price performance. The token has traded in a tight $80-$90 range for mo...
Pump.fun, originally a Solana-based memecoin launchpad, now supports trading across multiple EVM-compatible chains like Ethereum, Base, and BNB Chain using SOL as the universal currency. Users can trade without managing gas tokens or bridging assets,...
Pump.fun has expanded its trading platform to support multiple EVM-compatible blockchains including Ethereum, Base, and BNB Chain, allowing users to trade across these networks using SOL as the settlement currency. This eliminates the need for bridgi...
The Solana ecosystem is experiencing strong growth driven by the Bitwise Solana Staking ETF, which has attracted nearly $1 billion in cumulative net inflows. This institutional demand is boosting liquidity across Solana protocols, increasing total va...
