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.
Bitcoin briefly fell to about $76,050 following the release of the US inflation report, which showed a 0.4% increase in the Consumer Price Index for August and a core inflation rise of 0.3%, slightly above expectations. Despite this, Bitcoin quickly ...
Solana (SOL) fell below its $100 support level to a low of $98 before a slight rebound, trading around $99.90 with a 1.8% daily loss. The drop triggered over $10 million in long liquidations, signaling panic selling and reduced participation in Solan...
SUI cryptocurrency price is currently testing a key support level between $0.71 and $0.73 after falling 1.40%, underperforming compared to Ethereum and Solana. Analysts highlight that if buyers defend this floor, SUI could rebound to $0.84–$0.85, but...
Solana (SOL) has been consolidating around $100-$105 but shows a bullish trend after breaking the $98.41 resistance, signaling a shift from a downtrend to an uptrend. The $100 support level has held firm, suggesting potential for a move toward the $1...
OpenSea has reintroduced support for Solana NFTs on its OS2 platform, fully enabling buying, selling, and bidding as of early September. This marks Solana as the first non-Ethereum blockchain with full NFT trading on OpenSea, positioning Solana colle...
