Solana's price dropped about 5% from around $77 to $73 after failing to sustain its recent recovery, breaking below key support at $75 and entering a descending channel. This decline triggered long liquidations, adding selling pressure and increasing short-term volatility around $72.50 and $74. Technical indicators show weakening momentum but no oversold conditions yet. The next key levels to watch are $74 and $75 for potential recovery, while a drop below $73 could lead to further declines toward $70 or lower. Market sentiment is also influenced by Ethereum's relative strength and upcoming Federal Reserve decisions affecting US liquidity conditions.
Ethereum, Solana, and Avalanche blockchains have reached record transaction volumes and significantly reduced fees in 2026, thanks to major protocol upgrades. However, despite this surge in network activity, their tokens (ETH, SOL, AVAX) have lost mo...
Solana's decentralized exchanges (DEXs) have outperformed major centralized exchanges like Bybit, Coinbase, and Kraken in weekly spot trading volume for the fourth week in a row, ranking second only to Binance. Over the past 24 hours, Solana's DEXs p...
Bitcoin dropped about 2% amid a sharp 11% plunge in South Korea's Kospi stock index, one of its worst days in years, shaking global risk assets. The U.S. Senate postponed the Crypto Clarity Act to focus on a Russia sanctions bill and federal nominati...
Solana is increasing its mainnet block compute limit from 60 million to 100 million Compute Units, a 66% rise effective at Epoch 1009. This upgrade allows more transactions and complex smart contract calls per block, enhancing network throughput. It ...
Solana (SOL) is trading around $76.80, showing a 2.66% gain as it challenges the top of a descending channel near $76. The recent issuance of 250 million USDC on the Solana blockchain by Circle has increased stablecoin liquidity, supporting ecosystem...
