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's stablecoin supply, particularly USDC, has surged with over $370 million added recently, signaling increased liquidity on the network. Despite this growth, SOL's price has dropped to multi-month lows, suggesting the inflows are driven more by...
Solana (SOL) has fallen nearly 80% from its January 2025 peak, reaching a critical support zone between $60 and $40 where buyers may start accumulating. Analysts highlight this area as a key demand zone backed by technical and Fibonacci levels, sugge...
Cryptocurrency trader James Wynn has taken new long positions on Ethereum and Bitcoin using high leverage—25x on ETH and 40x on BTC. His Ethereum trade shows about $5,100 in unrealized profits, while the Bitcoin position is close to its liquidation p...
An Indian man named Arivu tattooed the meme coin ticker "$boutywork" on his forehead to claim a 40 SOL bounty from Pump.fun's new marketplace. However, a typo in the bounty caused a payout dispute, as the intended ticker was "$bountywork" with an "n....
Bitcoin and Ethereum posted small gains while many altcoins showed mixed performance, reflecting a market favoring large-cap cryptocurrencies amid declining activity in DeFi, stablecoins, and derivatives. Total crypto market capitalization remained a...
