Solana's price fell 1.4% on September 7, dropping from $106.46 to $104.97 after sellers defended the $107 resistance level. Despite this decline, Solana remains above key moving averages, indicating a still-strong broader trend. However, weakening capital flows and liquidation clusters near $108 and $103 suggest increased risk of volatility. The next key support is between $103 and $104, while breaking above $107 could lead to a retest of $110. Analysts see potential for another upward move if the trend holds, but external factors like Federal Reserve policy could impact momentum.
Polymarket's Solana market now estimates a 70% probability that Solana's token will reach $110 by the end of the month, up 16 percentage points in 24 hours. This optimism coincides with Solana's upcoming Alpenglow upgrade, scheduled for October 21, w...
Bitcoin's open interest in perpetual futures rose to $8.09 billion on Oct. 21, up 4.04% from Oct. 18, indicating growing trader engagement. Ether followed with $5.69 billion, while XRP saw the largest percentage increase at 5.57%. Solana was the only...
Open interest in crypto derivatives has risen to $41.6 billion, driven by Bitcoin at $23.4 billion, Ethereum at $15.5 billion, and Solana at $2.7 billion amid a price recovery. This increase signals growing trader participation and higher leverage us...
Solana (SOL) traded at $108.19 on October 21, marking a 2.01% increase over 24 hours and reaching a rolling high of $108.69. Technical indicators show the 20-day exponential moving average at $108.67 and the 50-day at $106.72, suggesting short-term s...
Bitcoin rose 42.7% in Q3, recovering after three down quarters, driven by US Treasury bond purchases that lowered yields and boosted risk assets. Ethereum and Solana also saw strong gains. However, uncertainty remains as the Federal Reserve's October...
