Solana's price fell more than 6% after failing to reclaim the $75–$76 resistance zone, influenced by a hawkish Federal Reserve outlook that pushed traders toward safer assets. The decline followed a recent rally from $62 to $75.60 but was met with strong selling pressure, especially as liquidation clusters formed between $74 and $76. Support is near $65–$66, with a break below $70 risking a drop to June lows around $62 and possibly $60. Technical indicators and reduced network activity suggest bearish momentum may continue unless Solana breaks above $74–$76 resistance.
Solana (SOL) is trading in a bearish technical pattern, below key moving averages, despite rising decentralized finance (DeFi) activity and dominant stablecoin transfer volumes on its network. The token price hovers around $71.43, down about 75% from...
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
Cryptocurrency prices, including Bitcoin, Ethereum, and Solana, dropped amid Federal Reserve signals of fewer interest rate cuts and a stronger U.S. dollar. Bitcoin fell 1.3% to about $63,980, while Ethereum declined 1.7% to around $1,741. The Fed's ...
The cryptocurrency market declined after the U.S. Federal Reserve indicated that interest rates might stay higher for longer, causing investor caution. Bitcoin and major altcoins like Ethereum, XRP, BNB, and Solana all dropped over 1%, with DeFi toke...
Moody's Ratings has extended its Token Integration Engine to the Solana blockchain, allowing issuers of tokenized bonds to embed credit ratings directly onchain. This partnership with Alphaledger aims to bring trusted financial data, such as credit r...
