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.
Solana's price is hovering just above a key rising channel's lower trendline, a pattern that previously preceded a 54% crash in January. Despite a bullish appearance, declining buying volume and slowing accumulation by long-term holders suggest weake...
On May 26, US spot Bitcoin ETFs experienced a significant outflow of $334 million, equivalent to about 4,400 BTC, continuing a trend of heavy redemptions in mid-to-late May. Ethereum spot ETFs also faced a $35 million net outflow, marking over 10 con...
David Hoffman, co-founder of Bankless, revealed he sold his Ethereum (ETH) holdings because the 'ETH is Money' thesis has ended. He remains optimistic about Ethereum's network but believes the ETH token failed to capture enough value as the ecosystem...
The crypto market continued its decline with total capitalization dropping 1.5% to $2.53 trillion and Bitcoin falling nearly 3% to around $75,000. This selloff is driven by macroeconomic uncertainty, significant outflows from Bitcoin and Ethereum ETF...
Bitcoin dropped to $75,498 during Asian trading, diverging from the global stock market's record highs. Major cryptocurrencies like XRP, Ethereum, and Solana fell nearly 1%, while Zcash saw a sharp 9% decline. Bitcoin is near its 50-day moving averag...
