Solana (SOL) is trading at $75.51, maintaining support above the critical $73.50–$74 zone, which aligns with the 50% Fibonacci retracement level. Analyst Michael van de Poppe highlights that defending this support keeps the $120 price target valid, while a breakdown could weaken the bullish outlook. On August 10, Solana ETFs saw $8.8 million in net inflows, the highest since May 12, signaling growing institutional demand amid steady smart money wallet accumulation. Network upgrades and expanding activity support Solana's ecosystem growth, though broader market factors like Bitcoin's recent dip and upcoming U.S. economic data may influence future price moves.
Morgan Stanley increased its holdings in BlackRock's spot Bitcoin ETF by 23% to about 16.5 million shares during Q2, despite Bitcoin's price decline lowering the position's value to $549 million. The bank also expanded its exposure to Ether and Solan...
Solana (SOL) is stabilizing near $76, testing a key resistance zone between $80 and $85 that it must reclaim to confirm a stronger recovery. Analysts highlight layered support levels at $76.69, $67.06, and $53.33, with potential for a rebound if Bitc...
Solana is trading near $75.88, defending a crucial support zone that could lead to a rise toward $80 if resistance is broken. Meanwhile, the crypto exchange Bullish has launched tokenized stock trading on the Solana network, completing its first regu...
Bitwise Asset Management and Superstate have partnered to explore tokenized shares for selected Bitwise funds, starting with the Solana staking ETF (BSOL). This model would allow investors to hold ETF shares recorded either traditionally or on a bloc...
Solana is set to launch its Alpenglow upgrade, which aims to reduce transaction finality time from about 12.8 seconds to roughly 150 milliseconds. This upgrade enhances the network's ability to confirm that transactions cannot be reversed much faster...
