Solana (SOL) is trading at $102.78, down slightly by 0.57% in the last 24 hours but remains above key moving averages, indicating a positive overall trend despite slower momentum. Open interest has decreased from a peak of $7.5 billion to about $6.6 billion, with significant short liquidations around August 20 possibly fueling the recent rally. Trading volume has declined from its peak, and traders are watching for new volume to confirm price moves. The Solana Foundation announced an exclusive institutional event in London on October 5, focusing on the future of capital markets and onchain financial infrastructure, signaling growing interest from major financial institutions. Key support and resistance levels for SOL are $99.21 and $105.20 respectively, with a break above $110 potentially extending the rally.
Solana (SOL) has bounced back from lows near $60 to trade around $103, marking its first positive monthly close after ten months of decline. Technical indicators like the monthly MACD nearing a bullish crossover and RSI breaking a two-year downtrend ...
SkyAI, a company managing Solana treasury assets, is currently facing opposition from shareholders against the reelection of its board members. However, there are no verified details on the number of opposing shareholders, their reasons, or the outco...
On September 7th, Solana captured 67% of all memecoin trading volume across spot decentralized exchanges, nearly three times the 23% share held by Robinhood Crypto. This dominance reflects a long-standing trend, with Solana maintaining over 50% of me...
On September 8, XRP ETFs recorded $1.55 million in net inflows, standing out as the only crypto ETFs to attract new capital while Bitcoin, Ethereum, Solana, and Hyperliquid ETFs experienced outflows. Despite this daily lead, XRP's inflows are modest ...
The Solana Foundation has become a Platinum member of the Rust Foundation, committing $325,000 annually and gaining a dedicated board seat. This move formalizes Solana's long-standing use of Rust, the programming language that powers most on-chain pr...
