Solana's price has surged past the $80 mark, recovering much of June's losses, driven by record network activity and a recent governance upgrade. The blockchain recorded an all-time high of 3.77 billion non-vote transactions in 30 days and leads Layer-1 blockchains in decentralized app revenue. Technical indicators suggest further gains toward $90, supported by a bullish breakout and concentrated short positions that could trigger liquidations. However, some analysts caution about potential resistance and bearish signals, with risks from macroeconomic factors like U.S. interest rates and crypto regulation delays. Holding above $80 is crucial to maintain the upward momentum.
A crypto analyst known as Bluntz highlights bullish divergence signals for Bitcoin and Solana, suggesting potential price increases. Bitcoin is trading around $60,072, showing signs of a market turnaround. Solana also displays bullish momentum on the...
Bitcoin surged above $61,000, sparking a broad rally in altcoins with Solana leading a 9% gain. The crypto market's recovery is driven by easing inflation concerns after Federal Reserve comments, boosting investor confidence. Market activity increase...
Solana has introduced a new stake-weighted governance system allowing validators to propose and vote on key protocol decisions requiring at least 15% validator stake backing. This framework formalizes community consensus before technical specificatio...
Bitcoin surged above $61,000 and major cryptocurrencies like Solana and Ether rose significantly following dovish comments from Federal Reserve Chair Kevin Warsh, signaling reduced inflation risks and a softened rate hike outlook. Smaller speculative...
Japanese company Metaplanet increased its Bitcoin holdings by 2,823 BTC to a total of 43,000 BTC, even as U.S. spot Bitcoin ETFs experienced $295 million in net outflows on July 1. This highlights a divergence in institutional approaches, with corpor...
