An unknown wallet transferred 1.35 million SOL worth $84.06 million to Coinbase Institutional, increasing tradable supply during Solana's price weakness. Exchange data showed net inflows to trading platforms, signaling more SOL available for sale, while derivatives open interest rose 7.87% to $4.5 billion, indicating active trader engagement despite the decline. Solana broke below key support at $78.50, sliding toward $62.32 with an oversold RSI, suggesting potential short-term stabilization but continued downside risk if support fails. The market is divided between expectations of a rebound and further declines amid rising supply pressure and trader positioning.
Solana achieved a record $3.47 billion in tokenized equities volume for June 2026, capturing over 96% of the global on-chain tokenized equity market. This milestone highlights Solana's strong position and efficiency in blockchain technology, maintain...
SPX6900 surged over 12% in 24 hours driven by a 62% volume increase and strong buying from Solana whales, who raised holdings by 65%. Ethereum network activity also picked up, with transfers nearly quadrupling and transactions doubling, supporting th...
Trading volumes for major cryptocurrencies have declined since July 2024, reflecting weak demand and low market confidence. This trend is driven by macroeconomic pressures, Bitcoin ETF outflows, and bearish price action. Despite this, Solana (SOL) ha...
Morgan Stanley's Denny Galindo highlights that Solana (SOL) has historically been a better diversifier in crypto portfolios than Ether (ETH), despite SOL's higher volatility. Bitcoin remains a low-correlation asset with traditional markets, but addin...
Solana is currently defending a crucial support level around $75.20, which could confirm a false breakdown and lead to a recovery targeting $98 and potentially $120. However, buyers must reclaim the $82-$94 resistance zone to confirm a stronger upwar...
