Solana's price rose 11% over three days to $73.74, driven by $2.81 million net inflows into spot Solana ETFs and strong on-chain activity, including $50 million in tokenized SpaceX stock trades. Despite this rebound, SOL remains below key moving averages, signaling cautious optimism. Whale accumulation and a historic $3 billion total value locked in Solana's real-world asset sector highlight growing institutional interest. However, futures market data shows mixed sentiment, with more traders betting on price declines. The critical support level to watch is $60.13, as a drop below could weaken the recovery.
Solana is expanding its ecosystem to become a one-stop platform for trading stocks, real-world assets, and crypto, likened to the 'Netflix or Amazon of finance.' Its real-world asset sector recently hit a $3.9 billion valuation, covering over 2,600 a...
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...
