Kraken has launched on-chain trading for over 2,500 Solana-based tokens, allowing users in the US and 100+ countries to trade these tokens directly using USD or USDC without needing external wallets or complex setups. This expands access to many Solana tokens not listed on centralized exchanges, simplifying blockchain asset trading. Despite this positive development, Solana's price fell nearly 8% due to a broader crypto market selloff, with the token trading around $68.45. Kraken plans to support more blockchain networks in the future, continuing its market expansion efforts.
Bitcoin, Ethereum, and several other major cryptocurrencies experienced significant price declines exceeding 5% in a recent market downturn. Bitcoin fell to around $62,488, while Ethereum dropped to about $1,679. This widespread sell-off reflects inc...
Solana (SOL) is trading in a bearish technical pattern, below key moving averages, despite rising decentralized finance (DeFi) activity and dominant stablecoin transfer volumes on its network. The token price hovers around $71.43, down about 75% from...
Nearly $460.9 million in leveraged crypto positions were liquidated in 24 hours as Bitcoin and Ethereum gains caused a broad short squeeze, forcing many traders betting on price drops to close positions. Bitcoin rose 1.09% to $140,697 and Ethereum cl...
Cryptocurrency prices, including Bitcoin, Ethereum, and Solana, dropped amid Federal Reserve signals of fewer interest rate cuts and a stronger U.S. dollar. Bitcoin fell 1.3% to about $63,980, while Ethereum declined 1.7% to around $1,741. The Fed's ...
Solana's price fell more than 6% after failing to reclaim the $75–$76 resistance zone, influenced by a hawkish Federal Reserve outlook that pushed traders toward safer assets. The decline followed a recent rally from $62 to $75.60 but was met with st...
