Solana's price has fallen about 15% from its recent peak near $100, slipping back toward the mid-$80 range amid fears of a deeper correction below the critical $80 support. Technical charts show a double-top pattern, with key support at $78; a breakdown could lead to a drop toward $64. Weak institutional demand, declining decentralized exchange activity, and macroeconomic concerns like inflation and geopolitical tensions are pressuring Solana and altcoins broadly. Recovery above $90 could ease bearish pressure, but current conditions favor further downside risk.
Solana (SOL) topped major cryptocurrencies with a 5.58% weekly gain, trading near $67–$70, a critical technical zone that could dictate its near-term trend. The rise is supported by increased activity in tokenized assets and real-world asset products...
Despite Bitcoin's recent pullbacks and dominance holding near 60%, there is no strong rotation into altcoins like XRP and Solana (SOL) yet, with their BTC ratios down significantly since late 2023. However, XRP and SOL continue to attract steady inst...
The U.S. SEC has approved NYSE Arca's proposal to list the T. Rowe Price Active Crypto ETF, an actively managed fund that can hold a variety of cryptocurrencies including Bitcoin, Ethereum, XRP, Solana, Dogecoin, and Shiba Inu. This ETF aims for long...
Solana's price climbed to around $68.50 following Circle's issuance of $500 million USDC on its network, enhancing on-chain dollar liquidity and reinforcing Solana's role in stablecoin transactions. This liquidity boost supports decentralized finance...
Solana (SOL) is attempting to reclaim a crucial weekly support level around $67 after bouncing from a major $60 demand zone. Holding above $67 could signal a bullish shift and open the way to test higher resistance levels near $79 and $95. However, t...
