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.
Bitcoin surged past $66,000 while Ethereum and Solana also gained, driven by easing geopolitical tensions and renewed risk appetite. Despite about $3 billion in outflows from Bitcoin ETFs, experts say this reflects market maturation rather than decli...
On June 15, U.S.-listed spot altcoin ETFs saw focused inflows primarily into Hyperliquid, XRP, and Solana products, indicating concentrated investor interest rather than broad market participation. Hyperliquid ETFs led with $17.19 million in net infl...
Solana's price has surged over 20% from its early June low near $60, reaching around $75, a critical former support level now acting as resistance. This rebound follows easing geopolitical tensions between the U.S. and Iran, which lowered oil prices ...
Circle minted an additional 1 billion USDC stablecoins on the Solana blockchain on June 16, bringing the total USDC issuance on Solana to 3.5 billion over the past week. This large mint reflects growing demand for Solana liquidity, payments, and trad...
The Bank of Japan raised interest rates to 1%, the highest level since 1995, marking a significant shift from its ultra-easy monetary policy. This move could strengthen the Japanese Yen and increase borrowing costs, potentially causing a 20-30% decli...
