Solana (SOL) saw a 43% surge in 24-hour trading volume to about $4.74 billion while its price hovered near the critical $84 support level, signaling potential volatility. Despite a slight 1.14% price dip, the increased volume—mostly on centralized exchanges—indicates traders are positioning for a possible larger move. SOL's market cap stands around $48.68 billion with mixed recent performance: modest gains over 30 days but declines over 60 and 90 days. Key levels to watch are $80 for support and $90 for resistance, with the market awaiting a clear breakout or deeper consolidation.
The TRUMP Coin team transferred $16.91 million worth of TRUMP tokens to Fireblocks custodial wallets, indicating no intention to sell but rather portfolio rebalancing. This move follows previous large transfers to cold wallets, suggesting institution...
Solana is currently testing a crucial support level near $73, which will likely determine its short-term price direction. Holding above this level and reclaiming $77 would support a recovery and open the door for moves toward $80 and $84. On a longer...
Solana's network activity and real-world asset (RWA) tokenization have surged, with $1.6 billion in RWA inflows, even as its token price remains range-bound around $74.83. Weekly active addresses exceed 18 million, surpassing major networks, and tota...
Crypto markets saw $26.3 million in liquidations over 24 hours, dominated by $18 million in short position liquidations as Bitcoin and Ethereum prices rose modestly. This indicates a short squeeze, where bearish traders are forced to close positions ...
Solana has activated native on-chain governance, enabling community votes on protocol changes, including a potential overhaul of its base transaction fee. Currently, the base fee is a flat charge per signature, split 50% burned and 50% to validators,...
