Solana (SOL) has maintained crucial support between $73 and $74 after rebounding from June lows, forming a descending wedge pattern that suggests a possible continuation of its upward trend. The Relative Strength Index (RSI) remains neutral, indicating balanced market activity and limited bearish pressure. The next key resistance is the 200-day moving average around $80-$81; a breakout above this level could push SOL toward $90-$95. However, a drop below $73 could weaken the recovery and risk a decline to the low $70s. Overall, Solana shows a relatively strong technical setup among large-cap cryptocurrencies, poised for potential gains if market conditions improve.
Bitwise reported about $100 million in net inflows on August 27 across its U.S. crypto exchange-traded products, with Solana funds leading at roughly $40 million, followed by Bitcoin at $22 million and Hyperliquid at $20 million. The Solana Staking E...
Solana is considering a proposal to reduce future SOL issuance by 18.9 million tokens over six years, potentially increasing its value by slowing supply growth. The network recently set a new record with over 1.5 million agentic (automated) transacti...
Bitcoin options with a notional value of about $6.4 billion are set to expire on August 28, 2026. This large expiry could influence market positioning and volatility, though the actual impact on Bitcoin's price depends on factors like strike distribu...
Solana has implemented its first rent reduction on the testnet, lowering on-chain storage fees by 90% from 6,960 to 696 lamports per byte. This change makes maintaining token accounts about ten times cheaper, reducing costs from roughly $0.16 to $0.0...
Solana's token (SOL) surged past $109 on August 27, 2026, reaching its highest level in eight months and gaining 45% against Bitcoin over the past month. This rise occurred despite Bitcoin testing near $80,000, showing strong trader interest in Solan...
