Solana experienced a massive short squeeze with over $33.8 million in short positions liquidated as its price surged nearly 6% to around $95. This sharp rally wiped out traders betting against SOL, which jumped from about $75 a week ago, causing significant losses for bearish leveraged traders. The liquidation was concentrated mainly on Binance, with other exchanges like OKX and Bybit also affected. This event is part of a broader crypto market rally fueled by positive macroeconomic signals, pushing total short liquidations across cryptocurrencies above $1.2 billion in 24 hours. The clustered short liquidity between $80 and $92 triggered cascading liquidations, driving the price higher and reinforcing the rally.
On October 22, 2026, U.S. altcoin spot ETFs showed mixed net flows: XRP, HBAR, ZEC, and NEAR ETFs recorded inflows, while SOL and HYPE ETFs experienced outflows. XRP spot ETFs attracted $3.55 million, continuing a positive trend, while SOL ETFs saw $...
The cryptocurrency market experienced a broad decline on Thursday morning, with total market capitalization falling 4.59% to $2.75 trillion. Bitcoin dropped 2.49% to $81,712, while other major coins like Ether, XRP, Solana, Dogecoin, and BNB also saw...
Solana Company has established its Asia-Pacific executive hub in Hong Kong and plans to expand its validator operations there. This move is part of a broader infrastructure program covering four major cities: Seoul, Tokyo, Singapore, and Hong Kong, a...
On October 22, Bitcoin dropped 3.61% to $81,394.33, while altcoins like Ether, XRP, and Solana fell even more sharply. Token group indexes such as Memecoin, Computing Select, and DeFi Select also saw larger declines. Despite these price drops, U.S. s...
On October 22, Bitcoin's perpetual-futures open interest fell by 5.82%, the largest decline among five major cryptocurrencies including Ether, Solana, XRP, and Dogecoin. Bitcoin's open interest stood at $7.62 billion with a negative funding rate, ind...
