Solana's price fell about 3.09% to near $68.82 after Forward Industries, the largest corporate holder of Solana, transferred 455,784 SOL worth approximately $31.87 million to Coinbase Prime. This move sparked speculation about a possible reduction in their Solana holdings, which currently show an unrealized loss of nearly $1.13 billion due to the token trading far below their average purchase price of $232.08. However, past similar transfers suggest the move may be custody-related rather than a sale. Solana's technical chart remains bearish, with key support around $66 to $70 and resistance near $135 to $150, indicating continued market weakness unless strong buying interest emerges.
Solana (SOL) has fallen below a critical rising channel support and is testing a key intraday floor near $67.48, signaling increased selling pressure. Analysts suggest the next major support zone lies between $62 and $43, based on Fibonacci retraceme...
Solana (SOL) dropped to a 52-week low around $67.80, down about 22% in a month and nearly 74% from its peak, driven by $1.66 billion in market liquidations and ETF outflows. Key support levels at $76.6 and $70 were broken, turning them into resistanc...
Solana's price fell over 9% in 24 hours and more than 21% in a week due to large-scale selling by Forward Industries and leveraged short positions by whales. This selling pressure reflects a broader crypto market downturn and has pushed SOL to its lo...
Ethereum's price has dropped below the key $1,700 level due to ongoing macroeconomic stress, ETF outflows, and liquidations of long positions, pushing it into a deep correction phase. The Relative Strength Index (RSI) shows Ethereum is heavily overso...
Bitcoin fell 14.5% over the week to $62,715, driven by Broadcom's disappointing AI semiconductor forecast which triggered a broader market selloff, including a 1.2% drop in Nasdaq futures and declines in Asian markets. Ethereum and Solana also droppe...
