Solana's price remains trapped below the $75 resistance level due to weak momentum, declining spot demand, and overhead resistance. The token trades below its major daily moving averages, indicating a bearish trend, while liquidation clusters near $72.60–$73.00 and $74.70–$75.00 could increase volatility. Analysts are divided on whether the current consolidation signals accumulation or distribution, with a key breakout level identified at $76. A sustained move above $76 could lead to a recovery toward $120, but failure to hold support near $73.75 may push the price lower toward $70.60. Recent institutional developments, including BlackRock's blockchain strategy, have not triggered a breakout, leaving Solana caught between technical pressure and longer-term supply changes.
Solana (SOL) is currently trading near $74, holding above a critical support zone between $64 and $68, but it remains below a descending resistance line, keeping the broader trend bearish. A sustained breakout above this resistance could lead to a co...
Financial analysts highlight five cryptocurrencies as core components for a balanced long-term investment portfolio. Bitcoin serves as a stable foundation due to its limited supply and institutional acceptance. Ethereum leads in smart contract and De...
South Korea's Upbit exchange will delist the Bonk (BONK) meme coin on September 7, ending its KRW and USDT trading pairs. This decision follows a security incident and failure by BONK's operators to disclose key information, leading Upbit to conclude...
Solana (SOL) traded near $72.91, down 1.47% in 24 hours, facing resistance around $73.35 and key breakout level at $76. Governance proposals SGP-0002 and SGP-0003, which aim to reduce token supply growth, are in final discussion until August 22. Mean...
U.S.-listed altcoin ETFs showed mixed investor flows on August 6, with XRP and Hyperliquid ETFs attracting net inflows while Solana ETFs experienced outflows. XRP ETFs gained $3.45 million, primarily in Franklin’s XRPZ and Bitwise’s spot XRP ETF, ind...
