Solana (SOL) is trading below $65, well under its key moving averages, indicating ongoing bearish pressure. Institutional flows remain inconsistent with recent modest inflows offset by larger weekly outflows, reflecting uncertain confidence. Open Interest in SOL futures has dropped significantly from earlier highs, showing reduced trader leverage and participation. However, a technical buy signal suggests a potential rebound toward $77 if resistance near $68 is overcome, though the overall trend remains cautious with significant hurdles ahead.
Helius, a Solana infrastructure company, has acquired Light Protocol to develop advanced privacy solutions on the Solana network. The acquisition aims to integrate Light Protocol's zero-knowledge cryptography expertise with Helius's infrastructure to...
Ripple CEO Brad Garlinghouse confirmed that Wall Street and crypto firms are increasingly embracing the institutional finance approach that XRP and Ripple promoted from the start. This shift follows years of criticism labeling XRP as a "banker coin,"...
Kalshi has introduced Solana (SOL) perpetual futures trading, adding to its lineup of CFTC-regulated crypto derivatives in the United States. This move is part of Kalshi's "American Perpetuals" initiative, allowing traders to hold positions indefinit...
Helius has acquired Light Protocol to enhance privacy features on the Solana blockchain by combining cryptographic innovation with infrastructure expertise. This acquisition refocuses Light Protocol on its original zero-knowledge privacy mission, ena...
Kalshi has introduced Solana perpetual futures to its CFTC-regulated crypto derivatives lineup, expanding its American Perpetuals product suite. This addition follows Bitcoin, Ethereum, and XRP contracts, with Dogecoin, Shiba Inu, Stellar, and Hedera...
